Litigation Funding Blog
August 31, 2018
The families of three patients who died of heart attacks in 2013 after dialysis treatments at their health clinic were awarded $383.5 million.
According to the families’ attorneys, the patients were treated with GranuFlo, a drug known to cause a toxic pH balance. The lawsuit alleged fraud and negligence in ignoring significant blood changes when patients returned for dialysis treatments and that the company hid the harmful effects of an acid concentrate used in dialysis. GranuFlo was recalled in 2012 by the USFDA.
Litigation Funding Corporation knows that the process of arriving at a settlement or concluding a jury trial involving a defective drug or medical product lawsuit may take years to settle. Major drug companies are reluctant to offer adequate settlements, and they can afford to take their time with a lawsuit. In the meantime, victims, and their families, of medical malpractice or defective drug may face financial difficulties that could end in foreclosure or bankruptcy. Litigation Funding Corporation can provide a “lawsuit loan” or pre-settlement funding so victims can focus on recovery.
Pre-settlement funding allows plaintiffs instant access to cash with no risk. The online application process is easy and approvals are often made within 24 – 48 hours after Litigation Funding receives relevant case documentation from the plaintiff’s lawyer. There are no upfront fees, no credit checks and employment verification is not required. If the case does not win, repayment of the cash advance is totally forgiven.
Were you seriously injured and now facing a pending lawsuit? Do you feel that lawsuit funding could help you financially? Call Litigation Funding Corporation at 1-866-548-3863. We are ready to assist you with fast and hassle-free lawsuit funding.
March 30, 2018
A Marine vet alleged that medical professionals failed to diagnose and treat his prostate cancer before it rapidly advanced and metastasized.
The retired Marine began prostate-specific antigen (PSA) screenings under the care of a VA physician when he turned 50. His PSA levels were in the normal range until 2009. At 60, he began seeing a different VA certified doctor. During his initial visit, the new doctor ordered a PSA screening. The result of the test was 4.534, which is considered above normal. A second test returned a reading of 4.317. The physician suggested actively monitoring the PSA every six months. In October, the patient saw a urologist who ordered another PSA screening. By then, his PSA levels had reached 5.578. The urologist’s initial assessment was that the Marine had a 42 percent chance of having prostate cancer.
The man’s PSA continued to increase until 2013 when he underwent surgery that involved, in part, removing 12 lymph nodes. Four tested positive for metastatic prostate cancer.
The Marine filed a medical malpractice lawsuit alleging that employees and physicians at the medical center failed to timely diagnose and treat his prostate cancer. He sought damages for disfigurement, pain and suffering, and loss of the enjoyment of life.
During the trial, one physician indicated that had a biopsy been done between 2009 and 2013, there is a good chance that cancer would have been found and it would not have been as pervasive. Ultimately, the court ruled in favor of the plaintiff, and the man was awarded $1.9 million.
Receiving just compensation in medical negligence lawsuit often takes years. This can pose a significant financial burden for plaintiffs faced with medical bills and other financial obligations. If a plaintiff does not have the financial resources to wait for justice, litigation funding may be a viable option.
Litigation funding is a cash advance available to plaintiffs. It is often the only means to help a cash-strapped plaintiff avoid settling too soon and/or for too little. A plaintiff is eligible for funding once they have an attorney of record. The next step involves filling out an online application or calling Litigation Funding Corporation. Once case documentation from the plaintiffs’ attorney is received, Litigation Funding Corporation can make a funding decision within 24 – 48 hours. There is no need for a credit check, employment verification or collateral.
Additionally, there are no payments until the case settles, at which time the cash advance is repaid from the proceeds of the settlement or jury award. If the case is lost, the plaintiff is under no obligation to repay the cash advance.
February 23, 2018
A Georgia woman, who sustained brain damage after a neck operation, won $26 million after a jury found the hospital 100 percent liable. The patient had been admitted for an elective procedure to her neck. The surgery was successful. However, three days later the woman was admitted to the ICU complaining of pain, neck swelling and the inability to swallow.
Six hours passed before the doctor treated the woman for a suspected hematoma, despite ICU protocol requiring a patient be treated within two hours. The delay in treatment left the woman blind, with other physical disabilities and with permanent brain damage, according to the lawsuit.
While waiting for the medical malpractice lawsuit to go to trial, the woman may have considered applying for a “lawsuit loan.” A “lawsuit loan,” or litigation funding, is used to maintain financial stability until the case is heard. A lawsuit loan, also referred to as pre-settlement funding, is emergency cash sent to a qualified plaintiff who is working with a lawyer.
Litigation Funding Corporation can help victims and family members deal with the sudden, unexpected financial problems that arise after a personal injury. Applying for litigation funding is user-friendly, easily done by phone or through an online application. Once approved, the lawsuit cash advance helps the plaintiff pay ongoing living expenses, medical bills, utilities, rent or mortgage while waiting for an attorney to assemble a court case.
Applying for pre-settlement funding is a valuable resource because banks do not typically loan money to personal injury victims. Additionally, any money borrowed from a bank is a loan that must be paid back. With a lawsuit loan there are no upfront fees, no monthly payments and repayment of the cash advance is only made when the case is won. If the client loses the case, repayment of the cash advance is completely waived.
Litigation funding is often the only option a victim may have to prevent them from taking a settlement offer too soon and for too little. When bills and expenses are covered, it is easier to fight for justice to be served.
January 30, 2017
Two hospitals allegedly failed to provide proper treatment to a pregnant mother. Her unborn son allegedly sustained severe lifelong injuries that prevent him from being able to stand, crawl or walk.
According to the information filed in this court case, the defendants allegedly failed to provide prudent and proper medical care to the pregnant plaintiff and in failing to do so caused permanent and catastrophic injuries to her baby. The baby, now four years old, is disabled for the rest of his life and will never live independently, requires around-the-clock skilled care, cannot go to school and will not be able to hold a job.
Information submitted in the lawsuit indicated the pregnant mother was having a difficult time with nausea, headaches, dizziness, backaches and possible decreased fetal movement. She was experiencing these multiple symptoms three weeks in advance of her due date and went to her local medical center to be evaluated. She was not assessed, did not receive an ultrasound or have a biophysical profile completed. Instead, she was sent home.
The mother went back to the medical center the next morning where another obstetrician scheduled a C-section for her for the following day. When the baby was delivered he displayed seizures, apnea, poor color and tone. He was transferred to an intensive care unit and stayed there for 12 days. While in the neonatal intensive care unit, it is alleged, staff did not monitor his ventilator settings, which resulted in low CO2 blood levels.
When a loved one sustains serious injuries due to medical negligence, the family may wish to file a medical negligence lawsuit. However, while waiting for the case to move forward, they cannot wait to deal with financial necessities. Litigation funding may be the perfect solution. If the family hires an attorney and files a claim, they are eligible for pre-settlement funding.
A lawsuit loan is a fast cash advance against a pending lawsuit that acts to supplement a plaintiff’s loss of income. The cash advance helps victims cope financially while they wait for fair compensation. Without the pressing necessity of trying to find funds to pay for bills, the plaintiff may wait to have their case resolved and they do not need to settle for less than the potential full value of their case.
December 6, 2016
A serious auto accident in Charlotte, N.C. resulted in one person dead and three others injured.
Police said a female driver lost control of her Ford Explorer and ran off the right side of the road. When she attempted to drive the vehicle back onto the road she overcorrected to the left, entering into oncoming traffic. Overcorrecting again, she lost control and rolled the car, before it came to a rest on its side approximately 30 feet off the road in a field. The front passenger died at the scene. The driver and two minors in the rear of the vehicle were transported to an area hospital with non-life threatening injuries. The driver has been charged with misdemeanor death by vehicle.
The investigation is ongoing, but police said it doesn’t appear speed or alcohol were factors in this crash. Could it be another case of distracted driving?
Far too many serious and fatal crashes are caused due to a distracted driver, whether it be talking or texting on the phone, looking at a GPS, fidgeting with the radio or other controls, eating, and more. When a loved one is killed due to driver negligence, the family may wish to file a wrongful death lawsuit.
Life necessities won’t wait for a lawsuit to settle, but victims should also not be forced to settle for pennies on the dollar jut because of pressing financial needs. If the family retains an attorney and files a claim, they are eligible for litigation funding.
Litigation funding is a cash advance against a pending lawsuit to supplement loss of income, pay funeral expenses, pay down debt, and cover everyday living expenses in order to wait for fair compensation. With the financial pressure removed, there is no need to resolve any case for less than the full case value.
The application process is quick and easy, with no cost to apply, no upfront fees, no monthly payments, no credit checks and no hassles. Once a plaintiff is approved for funding, the money arrives typically within 24-48 hours. Repayment of the cash advance is made from the case proceeds, but if the plaintiff is not successful, there is no obligation to pay us back.
If you have lost a loved one due to the negligence of another driver, have filed a wrongful death lawsuit, and experiencing financial hardship, consider litigation funding from Litigation Funding Corporation. We can be reached at 1-866-LIT-FUND or by completing our online contact form.
