Pre Settlement Loans on Medical Malpractice
Are you currently involved in a medical malpractice lawsuit? If you or a loved one suffered serious injury due to a doctor or hospital’s negligence and need financial help now, pre settlement funding or “settlement loans” from Lawsuit Loan HQ can provide the financial relief you need.
Non-recourse medical malpractice lawsuit loans do this by giving you immediate access to some of your future settlement money now with no credit check, no upfront fees and no monthly payments.
The financial impact from serious medical errors can be staggering. As a result, it’s not uncommon for plaintiffs involved in medical negligence lawsuits to find themselves financially overwhelmed and in need of extra money.
This could be for monthly bills and other basic living expenses, emergency travel, vehicle repairs and so on. A personal injury settlement loan can give plaintiffs and their families the money they need to regain control and finally get their lives back on track.
An Epidemic of Errors
According to a 2016 Johns Hopkins study, medical errors have now been firmly established as the third leading cause of death in the United States. The THIRD leading cause of death. In other words, the only things that are killing more people in America than the US healthcare system are heart disease and cancer.
In their study, the researchers examined four separate studies that analyzed medical death rate data from 2000 to 2008. Then, using hospital admission rates from 2013, they extrapolated that based on a total of 35,416,020 hospitalizations, 251,454 deaths stemmed from a medical error, which the researchers say now translates to 9.5 percent of all deaths each year in the U.S.
According to the CDC, in 2013, 611,105 people died of heart disease, 584,881 died of cancer, and 149,205 died of chronic respiratory disease—the top three causes of death in the U.S. The newly calculated figure for medical errors puts this cause of death behind cancer but ahead of respiratory disease.” Source
“9.5% of all deaths each year in the US” are caused by medical errors; that’s 1 in 10. It’s no wonder the insurance and healthcare industries pay countless millions for lobbyists, politicians and legal protection to get limits placed on how large medical malpractice lawsuit verdicts can be.
But that only tells half the story, because not all medical errors result in death. Millions of non-lethal malpractice errors lead to devastating, life-altering harm, disabilities and disfigurement for the victims and their families.
And like plaintiffs in many other types of personal injury lawsuits, it is not unusual for medical malpractice victims to struggle financially while they wait for their lawsuit to settle.
Lawsuit Loans Can Mean a Larger Settlement
An unfortunate truth that many medical malpractice victims are simply unaware of is that the deck has been stacked against them. Really, really against them.
People can shout “conspiracy theory” all they want but it’s true.
Doctors, hospitals and the entire healthcare establishment have, for decades, invested heavily and meticulously in layer upon layer of financial, legislative and legal protections, including the dubious and nearly ubiquitous practice of “defensive medicine“, for the sole purpose of reducing legal risk to shield themselves from negligence, wrongful death and medical malpractice lawsuits.
This shield permeates entire industries like insurance, healthcare and big pharmaceutical, can dictate policy and can involve state and local governments, large corporations, elected officials and lobbyists. It even reaches all the way to Congress and some states have already passed legislation which places strict limits on how large medical malpractice verdicts and settlements can be.
Another result of this massive protective shield is that medical negligence and malpractice lawsuits can now take a very long time to settle and can be extremely costly to litigate. This is quite intentional.
A 2006 New England Journal of Medicine study found that the average time between a healthcare-related injury and the closing of a medical malpractice case was five years. It also revealed that an average of 56% of claims received compensation, with an average payout of $485,348.
It doesn’t take a financial whiz-kid to figure out that for a financially struggling plaintiff, the prospect of waging a costly, uncertain and emotionally-draining legal fight for the next 4 to 7 years against the nearly unlimited resources of a large hospital and its insurance behemoth can be a strong incentive to settle prematurely for significantly less than the fair value of their case.
Lawsuit settlement funding neutralizes that incentive and replaces it with the financial resources to stay in the fight and receive full, fair and just compensation for your injuries and loss.
The Power of Pre Settlement Loans
Like nearly everything else, defending against malpractice lawsuits is a business and it’s all about money. Malpractice insurance providers are in the loss mitigation business; nothing more. It’s not about right and wrong or fair and unfair for them, it’s all about the money, period.
With that in mind, they have no problem whatsoever with exerting all kinds of time, money, emotional and psychological pressure on plaintiffs to entice them into accepting an unfairly small, albeit immediate, monetary payout.
Malpractice victims are frequently victimized all over again by these tactics when they accept a much lower recovery than their case deserves. Lawsuit funding could help them avoid falling victim to those tactics.
On a malpractice case with good liability and significant injuries, a lawsuit cash advance can give plaintiffs and their attorneys ample time to properly prepare and develop the case and negotiate the maximum settlement possible.
The real power of lawsuit settlement funding is that it eliminates the need to settle early for less than a case is truly worth.
Lawsuit Funding Process
We work hard to make settlement funding quick, easy and hassle-free for our clients. Our processing is fast, our people are friendly and we have some of the lowest rates and highest approvals in the business.
It only takes a moment to complete an application or if you prefer, you can simply call us at (877) 932-2628 and one of our legal funding experts will be happy to do it for you.
We will work directly with your attorney to get the information needed to evaluate your case and after you’re approved, we can normally have funds deposited into your account in 24 hours or less.
No Risk, No Credit Check, No Upfront Fees, No Monthly Payments and Repay Only If You Win
Get Pre Settlement Funding Now
Waiting for your medical malpractice lawsuit to settle can take years of your life and can put you and your family into a serious cash crunch. With a lawsuit settlement loan from Lawsuit Loan HQ, you can have immediate financial relief – starting right now.
Isn’t it about time you put yourself back in control of your finances?