Why Should I Get Pre-Settlement Funding for a Medical Malpractice Case?

Pre-Settlement Lawsuit Funding for Cases Near Chicago, IL and Nationwide

Posted: May 28, 2019

Medical malpractice lawsuit graphic on pre-settlement funding. When you go to the hospital, emergency room, or for a routine doctor’s visit, you expect to be met with the appropriate standard of care. You trust that you’re in good hands with physicians, surgeons, and nurses who are watching out for signs and symptoms of severe illnesses and injuries. Unfortunately, this is not always the case. Wrong-site surgeries, contradicting medications, anesthesia errors, and many other situations can lead to dire consequences for you or your loved one. Injuries and deaths caused by medical malpractice are devastating and costly.

Not long after the medical error or negligence occurs, patients start receiving bills for the care—or lack thereof—they received. There are often unexpected expenses that lead to thousands of dollars in medical debt. These deadlines don’t wait while you pursue a medical malpractice lawsuit, which is why pre-settlement funding can help in the meantime. These types of personal injury cases often come with the biggest bills as healthcare costs are outrageously high in the United States.

Medical malpractice claims can take years to reach a just settlement as the battle involves large legal teams, health care providers, research, experts, and a variety of resources. You and your attorney are fighting for compensation for medical bills, physical therapy, potential disability, and pain and suffering. A cash advance on your settlement can keep you afloat so you can focus on recovering from your injuries or learning to live with a disability.

How Pre-Settlement Funding Works

Legal Capital Corp provides cash advances to plaintiffs who are having difficulty paying rent and other bills on time during the claims process. We pride ourselves on offering conservative loan amounts with capped fees, so you know exactly what you’ll pay back when your case is settled. If your case is lost, you pay us nothing. We assume all the risk and partner with lawyers and legal teams across the country.

The pre-settlement funding process is simple:

  1. Apply using our online application with basic information about your medical malpractice case.
  2. We contact your attorney for relevant documentation and don’t require lengthy paperwork.
  3. Legal Capital Corp immediately reviews the details and merit of your case and approves or denies the cash advance.
  4. If you’re approved for pre-settlement funding, we send you a final agreement to sign and provide cash within 24-48 hours.

This process goes faster if you discuss a cash advance with your attorney ahead of time. There are multiple pre-settlement funding companies, and some require application fees and come with compounding interest. Your attorney can look over your contract and make sure you’re making the right decision for your claim and finances.

Contact Legal Capital Corp About Pre-Settlement Funding

If you’re pursuing a medical malpractice lawsuit and interested in pre-settlement funding to help you get through this difficult time, please contact Legal Capital Corp in Chicago today at (312) 204-7939 or apply using our online application. We provide modest cash advances to plaintiffs in Chicago, Illinois, and nationwide.