The medical field has seen major advancements over the last century but even so, these advancements still have limits. This coupled with the fact that healthcare providers don’t always make the right decisions when diagnosing and treating patients means that accidents are bound to happen. Such accidents often have devastating effects on patients, sometimes even leading to death. In the United States for example, research undertaken by the American Medical Association (A.M.A) found medical malpractice as the 3rd leading cause of death.
All health care practitioners are held to a certain standard of quality and safety. Deviating from this set standard of care results to incidents that cause bodily harm to patients. Severe accidents result in long term implications making functional daily such as like walking, breathing, eating and sleeping either difficult or totally impossible. If this is the case, such a patient may also be rendered incapable of participating in normal income-generating activities leading to financial strife. On the brighter side, if you can prove the negligence of the medical practitioner or hospital, you are entitled to monetary compensation. Well, no one patient wants to be a medical malpractice victim, but when this happens, any expense incurred in the process of resulting lawsuits often requires extra funding. This is where medical malpractice lawsuit loans come to the rescue.
Getting a pre-settlement medical malpractice loan
Medical Malpractice lawsuit loan is pre-settlement funding that helps victims involved in medical malpractice suits pay down resulting medical expenses, supplement the loss of income and facilitate their attorney. This form of funding is non-recourse, meaning that there’s no risk at all for the plaintiff. Unlike traditional bank or credit union loans, settlement loans don’t require repayment in case the victim loses the case. What’s more, there is no restrictions as to what this money can be spent on. The plaintiff can use the cash advance for rent, mortgage payments, utility bills, groceries, and court or lawyer fees.
My Lawsuit Loans is a leading lawsuit funding company boasting many years of experience serving clients in this industry. We have a reputation for superb customer service while offering our clients loans at very competitive rates. We have a well-equipped staff that teams up with external consultants to evaluate even the most complex of medical malpractice cases very quickly to make sure your case is approved. My Lawsuit Loans’ underwriting have the sheer focus of helping victims and their families get the justice they deserve.
Getting quick funding for your cash advance
Whether you.re a victim, a medical practitioner seeking medical malpractice lawsuit funding your first step should be fill out the online form provided in our website. Our representatives then use the basic information you provide to contact you attorney for better assessment of the expected expense so that they can determine an accurate loan amount. The amount arrived at is then negotiated between our underwriters and your attorneys and once approved, the funds are disbursed promptly electronically or by mail. Your lawsuit funding can even be approved within 24 hours of your application.