The High Cost of Traumatic Brain Injuries
Few injuries are quite as terrifying as severe head trauma. The sensory deficits, the memory loss, and even personality changes that can result from a severe brain injury can permanently change a family. Adding to the distress is the financial difficulty caused by serious medical problems. Not every traumatic brain injury is caused by the negligence or recklessness of another person, but those that are may be the subject of personal injury litigation.
If this describes your situation, you may benefit from a lawsuit loan taken out against your future settlement or jury award.
Why do plaintiffs need lawsuit loans?
Traumatic brain injuries vary considerably in the symptoms and impairments they cause. Mild brain injuries might only require a week or two out of work, with few financial losses to speak of. Others can cause permanent damage, and the victim may never be able to return to work. These expenses are considerable, and they can pile up fast. While the plaintiff is out of work, he or she might be struggling to cope with expenses such as the following:
- Ambulance fees
- Imaging scans
- Specialist appointments
- Physical, speech, and occupational therapy
- Mental health counseling
It’s challenging to pay steep medical bills in the best of circumstances, but with a traumatic brain injury, it can seem all but impossible. A personal injury lawsuit can take care of these expenses, and possibly give the plaintiff non-economic compensatory damages or punitive damages.
The problem is that hospitals don’t like to wait for payment—and a lawsuit may take months, if not years to resolve. In the meantime, your account may get sent to collections, your loans may go into default, and your credit card balance will climb.
Lawsuit loans are a way to bridge the financial gap. They give you the money you need in your pocket today. You can use the funds to pay medical bills, rent, or daily living expenses—there are no limitations.
What happens if I lose my case?
Lawsuit loans are non-recourse, which means they’re de facto cash advances. The lender can approve your pre-settlement advance based on the merits of your case. If you win your case or secure a settlement, you’ll pay back the advance. If you lose your case, you won’t owe a penny.
How can I get a lawsuit loan?
Not all lawsuit loan companies are alike. Some of them follow unscrupulous business practices and charge high interest rates, so do your due diligence. When you research the best places to get a pre-settlement loan, you’ll undoubtedly find that LawStreet Capital is at the top of the list.
We’ve been an industry leader for years, offering 24-hour approval and cash in hand overnight. We never require proof of employment—we understand that the plaintiffs who come to us for help are often out of work due to their injuries. You’ll also never hear us ask for a credit check, and hidden fees are unacceptable to us. Call toll-free today at 866-FUND-662 or request a free quote with the quick form on our website.
Additional “traumatic brain injury lawsuit loans” resources:
- Mayo Clinic, Traumatic Brain Injury, https://www.mayoclinic.org/diseases-conditions/traumatic-brain-injury/symptoms-causes/syc-20378557
- Brain Injury Association of America, About Brain Injury, https://www.biausa.org/brain-injury/about-brain-injury