Benefits of Legal Loans for Medical Malpractice Plaintiffs

Ava Lawson | November 23rd, 2016

female patient with doctor 2Unfortunately for those who have been injured or lost a loved one due to medical mistakes, healthcare providers and hospitals are well-armed to fight medical malpractice claims. What should be a simple, clear-cut case involving surgical errors or a doctor’s negligence can drag out for years in the legal system. If a plaintiff doesn’t have the economic means to pursue litigation for such extended periods of time, they can be pushed into settling their claim for much less than they deserve.

Insurance companies take advantage of the desperate financial circumstances facing med mal plaintiffs, who may be hospitalized or unable to work, much less pay their day-to-day bills. If this situation sounds familiar and you have a pending claim, consider the advantages of a pre settlement loan from Law Street Capital.  Our lawsuit loans provide immediate cash toward your future verdict or settlement, giving you peace of mind until your case resolves.

Legal loans for pending lawsuits

Medical malpractice is the third leading cause of death in the United States according to recent research published in the Journal of American Medicine. Hospital acquired infections are on the rise, and statistics indicate that incidents of medication mistakes are also escalating in clinics and hospitals across the country.

Victims who take their grievances to court often allege:

  • Misdiagnosis
  • Failure to diagnose
  • Surgical errors
  • Hospital negligence
  • Contaminated syringes
  • Gross doctor negligence
  • Surgical infection
  • Medication mistakes
  • Foreign objects left behind after surgery

Legal loan benefits for med mal plaintiffs

A lawsuit loan isn’t a loan at all, but a risk-free cash advance based on the future court award or verdict obtained. For medical malpractice plaintiffs involved in protracted litigation, this type of assistance is invaluable for staying solvent, and making payments on rent, car loans, mortgage or medical bills. In fact, there are no restrictions on how the money is spent and, if you were to lose your case, the legal loan is yours to keep – no strings attached.

There is no fee to apply for a pre settlement loan, which has tons of advantages:

  • No credit history check
  • No collateral needed
  • No employment verification
  • No hidden fees
  • Competitive interest rates
  • Non-recourse – you owe us nothing if your case does not settle
  • Use the money for daily living expenses, a new car, medical bills, or anything else

Unlike other companies, Law Street Capital is a direct lender, meaning there’s no middle man and no hidden fees. We are able to offer some of the industry’s lowest interest rates on lawsuit cash advances, and once you are approved, the money can be in your account within 24 hours.

Apply for a cash advance today

Medical malpractice claims that settle out of court typically result in lower payouts for the plaintiffs. If your attorney is projecting a long battle in court, and you want to level the playing field in the hopes of getting a fair judgement or settlement, call Law Street Capital to begin the free, no-obligation application process.

We are a leading provider of legal loans throughout the nation. Call or apply online today!