Litigation Funding Blog
November 5, 2020
Typically, when people think of nursing homes they think of elderly people. People of all ages may reside in nursing homes. Such facilities provide health and personal care services. In the United States, approximately 1.5 million people live in nursing homes. Each patient or resident be treated with consideration, respect and dignity. However, some nursing home workers abuse or neglect their patients. The vulnerable residence endure physical, emotional, and even medical damage from the abuse or neglect.
Nursing home patients may sue the facilities for the harm they receive from the employees; abuse. However, lawsuits can be expensive. Legal costs add up over the course of a lawsuit. In the meantime, the plaintiff must continue to pay for his other financial obligations. Litigation funding helps to cover your legal costs throughout the case. If you need legal financing, contact Litigation Funding Corporation today at (248) 702-6022 to find out how they can help you.
Nursing Home Abuse
Nursing home abuse is can be a form of elder abuse. The abuse is a harm to the elder’s health or welfare by another person. Michigan law requires that a nursing home patient or resident be free from mental and physical abuse. The Michigan Depart of Health and Human Services provides adult protective services to help protect elders, including ones in nursing homes from abuse
What is Litigation Funding?
Litigation funding, also called legal funding, occurs when a third party financing or funding company pay for the cost of your litigation and other legal cost associated with your lawsuit. The third-party financing essentially assumes all the financial risk of a legal case.
The benefit of legal funding is that party in the lawsuit that receives financing, usually the plaintiff, does not have to pay back the financing company out if his own pockets. The funding is like having a lawsuit loan; however, the funding business only get their money back if the plaintiff settles the case or wins at trial. If you hire an attorney, funding goes to her to represent your lawsuit. Although the third-party financing pays for the attorney’s representation, you still control your case. The attorney must work your best interest and communicate your decision to other parties and the court throughout the litigation.
Nursing Home Abuse Settlement or Trial Win and Paying Back Litigation Funding
A nursing home abuse action is an action claiming negligence by the facility. In a negligence action, the plaintiff must prove that the facility had a duty him as a patient or resident and that the nursing home failed to meet. The resident have suffered physical and emotional injuries and have damages that the seek compensation recovery. The damages may include:
- Medical bills
- Pain and suffering deceased suffered during conscious times between injury and death
- Loss of financial support
- Loss of consortium
The damages are factors in settlement discussion and offers between parties. They may also contribute to the amount of damages decided in the verdict of a trial. If your lawsuit results in a settlement agreement or your win at trial, the legal financing company takes the amount or percentage of your legal award based on the contract between you and the company.
Hiring a Litigation Funding Company
If your loved died because of the fault of another person, business, or organization, you may need financial assistance to help cover the costs of filing a wrongful death lawsuit . Contact Litigation Funding Corporation today at (248) 702-6022 to find out about your legal funding options and how they can help you cover the cost of your case.
October 31, 2018
The family of a nursing home resident planned to celebrate their father’s 84th birthday, but when they arrived at the facility they found him beaten and bruised. Although staff said the cause was an incident with the man’s roommate, police believe the resident may have been beaten by a nursing assistant.
According to an investigation earlier this year by Texas Health and Human Services, 12 violations were cited at the nursing home — seven were “life safety violations,” and five were health violations where inspectors stated, “the facility did not protect each resident from all abuse, physical punishment, and being separated from others.” Several violations have allegedly yet to be remedied. The facility was also cited because it “failed to have written rules against mistreating, neglecting, and abusing residents, and mishandling residents’ property.”
The family may wish to seek compensation for their father’s injuries by filing a personal injury lawsuit. However, they may find that they are unable to cope financially while waiting out the litigation process against high-powered defendants. In that case, litigation funding may be a good option.
Litigation funding is a lawsuit cash advance for life needs when plaintiffs may not be able to find money elsewhere, such as family or friends or a traditional bank loan. It can mean the difference between paying the rent or facing eviction. A lawsuit cash advance can also level the playing field until justice is served.
A seriously injured plaintiff who has hired an attorney, and has a strong case with merit is eligible for litigation funding. Applying for a cash advance against a future settlement is fast and easy. There is no cost to apply and no up-front or out-of-pocket expenses. Litigation Funding Corporation will work with your attorney to review your case and reach a funding decision in less than 48 hours.
Pre-settlement funding, or a lawsuit loan, is a non-recourse cash advance tied to the personal injury claim. Repayment is only due once the case successfully settles. The attorney handles the repayment through the case proceeds. If there is no recovery, repayment of the lawsuit loan is completely waived, making it a virtually risk-free cash advance for the plaintiff.
If you have a personal injury case and questions regarding pre-settlement funding, call Litigation Funding Corporation, toll-free at 1-866-548-3863.
March 29, 2017
Pressure sores are a completely preventable and as such are considered a form of nursing home neglect. If you or a loved one has suffered from pressure sores while a resident at a nursing home, you should consult an experience attorney to understand your rights. If you file a lawsuit and need financial assistance until a settlement is reach, contact Litigation Funding Corporation.
A Georgia nursing home settled a wrongful death lawsuit on the eve before the case was set to go to trial.
According to the lawsuit, the deceased man had been sent to the facility for rehabilitation services after a stroke. During his stay, the man develop pressure sores and was found to be dehydrated and malnourished. His widow alleged that poor care caused her husband’s declining health, and ultimately his death from gangrene-infected pressure sores.
The case settled for an undisclosed amount.
The nursing home had consistently received below average ratings as a result of numerous violations and had been named in several lawsuits over the last ten years. The facility declared bankruptcy and was sold this past May.
If you or a loved one suffered physical or emotional injuries because a nursing home was negligent or failed to fulfill its care obligations to you and your family, you may have grounds for a nursing home negligence case.
Contact an experienced attorney as soon as possible. If you are seeking lawsuit funding to help during a financially difficult time, consider lawsuit funding to hold out for full case value.
Lawsuit funding is used by most people to pay their medical bills, funeral expenses, and ordinary but important bills and expenses that accumulate because of serious injury or death. The strategic advantage of a lawsuit cash advance is that it provides the plaintiff with the financial strength to await for a reasonable offer from the insurance company or defendant.
The application process is easy and may be handled over the phone or online; it takes less than five minutes. There are no upfront fees, monthly payments, credit checks, or employment verification. Once an application and case documentation is reviewed, if the case is approved for funding the plaintiff can receive the money within 24 – 48 hours. Repayment is contingent upon case outcome; if the case is lost, there is no requirement to pay the money back. Thus, lawsuit funding is a no-risk lawsuit cash advance.
If you or a loved one has filed a nursing home negligence lawsuit, but need financial assistance, Litigation Funding Corporation can devise a legal finance plan to help. Lawsuit funding can often be the difference between a mediocre settlement and a large, injury appropriate settlement. We offer free, no-obligation consultations. Complete our online application or call us toll-free 1-866-548-3863 to discuss your financial needs.
