Medical malpractice cases are complex. Often involving multiple parties, these cases require lengthy investigations, careful review of medical records from various professionals and experts, and negotiations with malpractice insurance companies, all of which can take time. Unfortunately, during this time, you may find yourself in need of the compensation your claim is seeking.
If you find yourself in need of pre-settlement funding during a medical malpractice claim, Legal Settlement Corp can help. Call us at 312-204-7939 to discuss your options or use our online application form to apply for pre-settlement funding right away.
Why Consider Pre-Settlement Funding?
One of the unfortunate consequences of medical malpractice is the necessity for additional medical treatments. When a medical error or negligence results in new problems that have to be dealt with through surgical or therapeutic treatments, additional costs, recovery periods, and physical risks come into play. These are often out-of-pocket expenses. When compensation is tied up in litigation or settlement negotiations, it can become increasingly difficult to make ends meet. This is the primary reason to consider pre-settlement funding for your medical malpractice claim.
Pre-settlement financing can help cover:
- Medical and rehabilitation expenses
- Overdue or outstanding bills
- Utilities, rent or mortgage
- Tuition and student loans
- Automotive expenses
- Food and groceries
- Childcare and related expenses
Anything that costs money can be paid for with pre-settlement funding. Once you have secured funding, it is spent at your discretion.
Good Candidates for Pre-Settlement Funding
Pre-settlement funding is neither necessary nor attractive for everyone. Before considering this step, assess your financial situation honestly and determine if applying for funding will be in your best interests. Remember, many pre-settlement financing firms charge exorbitant interest, which will need to be taken into account as well.
Legal Settlement Corp does not charge compound interest. Instead, we use a flat-fee structure that caps at nine months, no matter how long your case takes to settle. Better still, if you do not win your case, you owe Legal Settlement Corp nothing. We only collect our fee after you have won your case.
What is the Process for Pre-Settlement Funding?
The process for medical malpractice pre-settlement funding is quite simple:
- You apply for funding. Use our online form to apply for funding. There is no application fee and applying will not impact your credit score.
- We contact your attorney. We collect only the information that we need to make the best determination on your application.
- We approve or deny your request. Based on our conversation with your attorney and review of pertinent legal documents, we will decide on your application for pre-settlement funding.
- You get paid. If you are approved, the money will be sent within 24-48 hours of receiving your final paperwork.
The process is quick, simple, and effective. Your credit score doesn't matter. Your employment history doesn't matter. Your living situation doesn't matter. You have nothing to lose by applying for funding. And remember, if your case goes longer than expected and you run out of money after your first pre-settlement funding application, we can always revisit your case to determine if additional monies can be freed.
Contact Us Today to Learn More
There are several reasons to seek compensation following medical malpractice, but the process itself is often slow and a verdict or settlement may take several months to reach. If you are not equipped to deal with heavy financial losses, pre-settlement funding is often the best solution. To learn more about this benefit, please call Legal Settlement Corp at 312-204-7939 today. If you are ready to apply for benefits, please use our online application to begin the process.