Litigation Funding Blog
April 21, 2017
Medical malpractice covers many different forms of improper treatment by medical professionals. It can be the result of a failure to diagnose or misdiagnosis, failure to provide adequate care, misreading lab results, surgical errors or wrong site surgery, improper medication or dosage, and failure to recognize symptoms. If you believe that you or a family member may have been a victim of medical malpractice resulting in serious injury or death, you may have the legal right to hold the responsible parties legally accountable for their negligence and seek monetary compensation. It’s important to consult an experienced medical malpractice attorney as soon as possible.
Due to the complexity of medical malpractice cases, they can take months, even years to settle. If the victim is seriously hurt, they may not be able to return to work. If the medical negligence resulted in death, the patient may have been the primary breadwinner. With limited or no cash flow, plaintiffs usually will have a hard time remaining financially stable; even daily household expenses become a challenge. This is when litigation funding can be an asset.
A couple is seeking damages after the husband was allegedly not diagnosed with atrial fibrillation in a reasonable amount of time.
The lawsuit alleges that the man went to the urgent care with muscle weakness, lack of appetite, fatigue, sinus pressure and cough. He was given medication, but the health care providers failed to mention that he might be suffering from heart problems, states the suit. A week later, the plaintiff was hospitalized in intensive care for three days, and was in atrial fibrillation for over 200 hours. The lawsuit alleges that the defendant breached the standard of care and failed to treat the plaintiff in a responsible way. The plaintiffs are seeking an undisclosed amount in damages.
During the pending lawsuit, the couple may be able to rely on litigation funding to help with any financial hardship. This cash advance is not a loan. There are no upfront fees or monthly payments. No credit checks or employment verification. A lawsuit cash advance is provided on the strength of your case alone. Repayment is made only after the case successfully settles. If the case is lost, the plaintiffs are under no obligation to repay the cash advance.
If you are in a pending medical malpractice lawsuit, Litigation Funding Corporation can get you the money you need today to stay current with your bills and allows your attorney more time to get you the settlement you deserve. The application and approval process is quick and easy! Funds can be available within 24 – 48 hours.
October 10, 2016
According to a 2006 study, medication errors harm approximately 1.5 million people in the United States every year. Medication errors can occur in many ways, such as if the doctor prescribes the wrong medication, the patient is harmed by a medication that was prescribed to treat a misdiagnosed condition, or the patient is given too much or too little of the drug. Side effects or damage may go undetected for months, even years. If the healthcare provider has failed to provide the accepted standard of care resulting in serious harm or death, the victim, or the family of a deceased loved one, should seek legal counsel to determine his/her rights.
A wrongful death lawsuit was recently filed by the family of a woman who allegedly died after taking medication prescribed by her doctors. According to the lawsuit, doctors failed to properly evaluate the woman’s condition and evaluate her medical history before prescribing Fluconazole, a medication that is used to treat fungal or yeast infections in the body. The complaint states that as a result, the woman suffered serious injuries, which led to severe deterioration in her health and ultimately her death. The lawsuit seeks damages greater than $50,000.
Although no amount of money can bring back their loved one or make up for the pain and suffering they have endured, this family has the right to be compensated. Unfortunately, receiving just compensation can take years, time which is often a financial burden for plaintiffs faced with medical and/or funeral and burial expenses. When a plaintiff does not have the financial resources to wait for justice, litigation funding is a great resource to see the case through to a fair and equitable settlement.
Litigation funding is a cash advance against the proceeds of a case. Without this option, desperate plaintiffs are often forced to settlements too soon, for too little. A plaintiff is eligible for funding once he/she has attorney representation. The next step is to complete an online application or call Litigation Funding Corporation. We will then request case documentation from the plaintiffs’ attorney to determine its strength and the funding amount. Approvals are typical provided within 24 – 48 hours because we do not need a credit check, employment verification, or collateral in order to fund a case. Best of all, there are no payments until the case settles, at which time we are repaid from the proceeds of the settlement. If the case is lost, the plaintiff is under no obligation to repay the cash advance.
To learn more or to apply for litigation funding, contact the legal funding experts at Litigation Funding Corporation.
September 19, 2016
We trust that when we have surgery the doctor will take all the necessary steps to prevent us from further injury or harm. However, that is not always the case. Medical mistakes consist of many types of errors including such things as misdiagnosis, wrong medication, wrong dosage, failure to diagnose and surgical mistakes.
More than a dozen times a day, doctors sew up patients with sponges and other supplies mistakenly left inside. The mistake can lead to serious injuries; in some cases it can cost the patient their life.
A Chicago man has filed a medical malpractice lawsuit alleging that a surgeon left a surgical clip — a small device used to help pull sections of the body away from an area where surgery is taking place — inside his body following the procedure. A malpractice lawsuit alleges negligence, resulting in the patient suffering severe pain and physical injuries. He also had to endure another surgery to remove the clip. The lawsuit seeks damages of more than $50,000 as well as legal costs.
Medical malpractice lawsuits can take years before a settlement is reached. This can be tough for anyone living paycheck to paycheck or unable to work. Unfortunately due to the amount of time it takes for these cases to settle, victims are put in a tough financial position. Not many would have enough savings to cover the medical costs this man most likely encountered from the surgeries alone. Some victims may decide to settle their case early to avoid debt. That is exactly what the insurance company wants you to do. There is another alternative to an early settlement – litigation funding, a cash advance against your lawsuit to help pay those medical bills, mortgage, rent, and more.
During the litigation process, if this man needs financial assistance, he may wish to consult a litigation funding expert. Litigation funding, if approved, can help a medical malpractice victim with their daily household bills and expenses, as well as medical expenses while waiting for a fair settlement or verdict. This lawsuit cash advance helps prevent a pennies-on-the-dollar settlement, while providing staying power for a fair and equitable settlement later. The application process takes less than five minutes. With no credit checks and no employment verification, the approval process is expedited. All that is needed is case documentation from the plaintiff’s attorney. If approved, a cash advance that could be wired to his bank account within 24- 48 hours of approval.
Litigation Funding Corporation is a unique legal finance company. We are the experts in evaluating medical malpractice cases and providing medical malpractice litigation funding during difficult times. Medical malpractice plaintiffs struggling to pay the bills should consult Litigation Funding Corporation to learn more and to determine if litigation funding is a viable option.
April 24, 2012
In April 2010, a man underwent colon surgery at Kewanee Hospital for an acute case of diverticulitis. After surgery, he became unstable and as his condition worsened, he was transferred to OSF Hospital. OSF performed a CT scan which showed a laparotomy pad in the patient’s abdomen. The surgical mishap at Kewanee required another surgery at OSF to remove the sponge. Although the patient was monitored and treated in intensive care, he died from abdominal sepsis.
A wrongful death lawsuit alleges that Kewanee Hospital and the medical team “failed to perform an accurate count of the surgical instruments, sponges, laparotomy pads, and other devices that were used intra-abdominally in the sigmoid colon resection procedure.” The suit seeks more than $50,000, plus court costs.
Monetary compensation can help injured victims or their families with damages incurred, but can also create an incentive for the negligent party to improve safety standards. But, waiting until a settlement is reached can be financially devastating for a plaintiff. In times like this, the plaintiff may seek a service known as litigation funding.
Lawsuit funding is designed to provide a cash advance to plaintiffs who are waiting for their case to settle. It can be the financial lifeline throughout a long litigation process. While some call it a “lawsuit loan,” it is not like a typical bank loan. The cash advance is provided based on the strength of your case and does not require credit checks or employment history for approval. Additionally, there are no monthly payments and the cash advance is not paid back until you win your case. If you lose, you pay nothing, not even the cash advance. Simply fill out an online application or call our office toll-free. Our investors will review your case and determine the likelihood of a favorable settlement. If your case is approved, Litigation Funding Corp. will wire the funds to your account for immediate use. Although the lawsuit cash advance is usually to pay for immediate living expenses and medical expenses, it can be used as you wish until your case settles. Lawsuit funding is not for everyone, but it can be a very powerful tool to help a plaintiff fight for fair compensation.