How Litigation Funding Helps Victims of Traumatic Brain and Spinal Cord Injuries
With regard to the potential long-term impact on those who experience them, few injury types are more profound than spinal cord damage and brain-related traumas. The lasting disability and impairment that can result from tragedies of this nature cannot be overstated, and the ramifications for entire families are often difficult to overcome. While the legal system does afford victims the ability to pursue financial compensation and accountability from the parties responsible for their losses, the process of doing so is routinely long, arduous and sometimes prohibitively expensive.
Litigation funding from LawStreet Capital can assist those suffering from brain and spinal cord injuries by providing the financial resources necessary to stay afloat while justice is sought via settlement or trial verdict.
Devastating effects of brain injuries
Statistics from the International Brain Injury Association reveal that brain or spinal cord injury is the leading cause of death and disability worldwide and of all types of bodily harm, the most likely to leave victims with permanent impairment of one kind or another. Though every victim’s experience is different, among the most typical effects of traumatic brain injury are:
- Memory loss
- Cognitive impairment
- Seizure disorders
- Mood disorders
- Speech difficulties
- Aggressive tendencies
- Vision impairment
Whether incurred in an auto accident, an occupational incident, pedestrian collision or other circumstance, brain injuries can and often do require intensive medical intervention and therapy which prevent victims from continuing to earn a living and support their families.
Debilitating impact of spinal cord damage
The suffering experienced by those with spinal cord damage is in many ways similar to that of traumatic brain injury victims in that it frequently becomes difficult if not impossible to make ends meet while seeking fair compensation from an insurance company or in a court of law. Bills continue to mount while previous sources of income slow to a trickle or disappear altogether. Lost motor control, diminished sensory function, agonizing pain, respiratory trouble and other effects regularly render victims entirely dependent on caregivers and loved ones. These are the times when lawsuit funding from LawStreet Capital can provide a true lifeline for those who are struggling with health and financial issues.
How the LawStreet Capital funding process works
Obtaining a brain or spinal cord injury lawsuit loan from LawStreet Capital can provide aggrieved families with the financial help they require as the process of securing compensation moves forward at what is often an unpredictable pace. Funding is provided in relation to the expected amount of the victim’s damage award or settlement total, and advances made in this way are non-recourse in every case. Thus, those who accept funds from LawStreet Capital will not be obligated to make payments unless their attorney secures a victory in their matter. If, for some reason, no settlement or damage award is obtained, there is no further repayment obligation whatsoever.
Straightforward application, prompt funding decisions
The first step in allowing LawStreet Capital to help you and your family is to complete a no-obligation funding application. Soon after submission, a representative from our team will contact your attorney to discuss your case and the specifics of your claim. We endeavor to provide loan decisions within 24 hours, and you retain the flexibility to request all or a portion of your approved advance amount whenever funds are needed. We offer electronic transfers as well as traditional paper check payments, making the entire process easier than you might have imagined possible.
Providing flexibility and security to personal injury victims
At LawStreet Capital, we understand the extraordinary, unexpected financial burdens a traumatic injury event can bring about. Whether you seek a cash advance to cover medical bills, mortgage payments or any other expense while your attorney fights for the compensation and justice you deserve, we are here to help. To discover how our convenient, quick, non-recourse litigation loans can help make a difficult time just a bit more manageable, we invite you to contact us today.
Additional TBI & Spinal Cord Injury Resources
- Centers for Disease Control and Prevention, TBI: Get the Facts, https://www.cdc.gov/traumaticbraininjury/get_the_facts.html
- American Speech-Language-Hearing Association, Traumatic Brain Injury In Adults, http://www.asha.org/PRPSpecificTopic.aspx?folderid=8589935337§ion=Signs_and_Symptoms
- World Health Organization, Spinal Cord Injury, http://www.who.int/mediacentre/factsheets/fs384/en/
- National Spinal Cord Injury Statistical Center, Spinal Cord Injury Facts and Figures at a Glance, https://www.nscisc.uab.edu/Public/Facts%202016.pdf