California Medical Malpractice Lawsuit Loans

What is a Medical Malpractice Lawsuit Loan and How Does it Work in California?

A medical malpractice lawsuit loan is a type of pre-settlement funding. It provides financial aid to plaintiffs who have filed legal claims due to medical malpractice. This form of funding is not a conventional loan. Instead, it is an advance on the potential settlement that the plaintiff can receive from their case. The funds can be used to take care of immediate needs while the legal case is being resolved.

In California, the process of obtaining a medical malpractice lawsuit loan involves a few steps. Plaintiffs must first fill in an application form, either online or over the phone. After the application, the funding company reviews the details of the case, often in consultation with the plaintiff’s attorney. If approved, the funds can be disbursed in as little as 24 hours.

For example, consider a plaintiff who has been the victim of surgical error leading to debilitating health issues. The individual no longer can work and has mounting medical bills. Pending the resolution of their case, they may not have the financial resources to keep up with their expenses. A medical malpractice lawsuit loan from LawsuitLoans.io can provide these individuals with the funds they need to cover living and medical costs. This allows them to focus on recovering both physically and legally without the burden of financial stress.

Types of Medical Malpractice

Medical malpractice refers to an act or omission by a healthcare provider that deviates from accepted standards of practice in the medical community, and which causes injury to the patient. A plaintiff might have a civil claim against a medical professional if that professional caused harm due to negligence or not performing their duties to the required standard.

Here are some common types of medical malpractice:

Surgical Errors

Surgical errors are mistakes made during surgery that could have been avoided. These can include operating on the wrong body part, leaving medical equipment inside the body, or causing unnecessary harm to surrounding tissues.

Missed Diagnosis

If a healthcare provider fails to detect a patient’s health condition that should have been diagnosed with reasonable care and this leads to a negative outcome for the patient, it is considered medical malpractice. It opens the way for the patient to press a legal claim.

Medication Errors

Healthcare providers have a responsibility to prescribe the correct medication and dosage. If they prescribe the wrong medication or dosage and this causes harm to the patient, this is considered medical malpractice.

Childbirth Injuries

Injuries to a child during birth can occur for several reasons, including inadequate prenatal care and mistakes made during delivery. If these injuries could have been prevented with reasonable care, they qualify as medical malpractice.

Remember, if you think you’ve been a victim of medical malpractice, visit our application page at LawsuitLoans.io funding application or call us at (866) 594-1343.

California Medical Malpractice Lawsuit Loan Information

If you’re involved in a medical malpractice lawsuit in California, you may be eligible for pre-settlement funding from LawsuitLoans.io. While waiting for your legal case to resolve, you can receive funds based on the expected return of your claim. The details below provide further insights into our financial services for medical malpractice claimants in California.

LawsuitLoans.io’s average medical malpractice loan	$25,697.79
Largest medical malpractice loan by LawsuitLoans.io	$137,471.03
LawsuitLoans.io average semi-annual rate for medical malpractice lawsuit loans	18.4%
California Reports 2022′	2074
California medical malpractice statute of limitations	3 years from injury or 1 year from discovery, whichever comes first.

Am I Eligible For a Medical Malpractice Lawsuit Loan in California?

Are you wondering if you qualify for a Medical Malpractice Lawsuit Loan in California? To be eligible, there are some basic criteria that you must meet. Firstly, you should have a valid legal claim. This means you are seeking damages from an insurance company, a company that is self-insured, or a large public entity. Secondly, it’s essential that you have legal representation. You need to have an engaged attorney who’s working on your legal case. Lastly, you must be at least 18 years old. These are the primary requirements to qualify for a lawsuit loan in a medical malpractice case.

How Much Money Can I Get From my Medical Malpractice Lawsuit Loan?

Medical malpractice lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. Where your case is still in progress, we can advance up to a maximum of 25% of your expectation from the settlement. Furthermore, in settled police brutality cases, we can offer as much as 50% of your expected portion of the settlement.

Imagine this: A California plaintiff is pursuing a claim for police brutality and has an estimated value of $200,000 for their case. This plaintiff is still undergoing treatment for injuries sustained, and it might take another year for the case to get resolved. Typically, medical providers receive around 1/3 of the settlement and the attorney also gets 1/3. What the plaintiff is left with is approximately $65,000. Under our funding system, we can forward around 25% of that amount or $16,250.

How Can I Use the Money From my Medical Malpractice Loan?

If you’ve recently received a medical malpractice loan from LawsuitLoans.io, you might be wondering what you can spend this money on. This money is intended to help you cover various expenses while you’re waiting for your case to resolve. However, there are some boundaries to how these funds can be used.

Primarily, the funds gained through your LawsuitLoans.io loan can be used for living and minor medical expenses. For example, if you need to pay rent or mortgage payments while you’re out of work due to your injury, this money can go towards that. It can also cover utility bills, food, transportation costs, and other day-to-day expenses. Additionally, if your insurance isn’t covering all of your medical bills related to your case, these funds can be used to pay for those costs.

However, there is one important restriction. The funds from your loan can’t be used to cover litigation or legal case expenses. This means that the money can’t go towards paying for lawyers, expert witnesses, court costs, or any other legal fees associated with your case. These funds are not designed for that purpose.

Overall, the goal of a medical malpractice loan from LawsuitLoans.io is to help support you during this difficult time. It allows you to focus on your recovery and your legal case without worrying about how to pay for basic necessities.

Our Medical Malpractice Loan Process

At LawsuitLoans.io, we aim to provide you easy access to pre-settlement funding through our straightforward process. For plaintiffs pursuing medical malpractice claims, our lawsuit loan process involves five simple steps.

1. Apply Online: Getting started is as simple as completing our online application. By providing necessary information about your claim and legal representation, you help us to understand the basis of your need.
2. We Contact Your Law Firm: Once we have your details, we make direct contact with your law firm for more specific case-related data. This step helps us comprehend the strength and value of your lawsuit.
3. We Review Your Case: Based on the information obtained, our team of specialists carefully assesses the merits of your case. The assessment determines your eligibility and potential loan amount.
4. You Sign a Contract: After approval, a contract delineating the loan terms is prepared. You and your attorney review and approve the terms before signing the contract.
5. You Get Funds: Finally, once the contract is signed and submitted, funds are released to your account. It’s that simple.

To illustrate this process, let’s consider a plaintiff with a personal injury claim. John suffered injuries due to medical negligence and initiated a lawsuit seeking compensation. He applied online at LawsuitLoans.io, after which, we contacted his law firm for more details. Our team reviewed John’s case and determined an appropriate loan amount. Upon approving the terms in the contract, John signed it and soon received the funds in his financial account. Like John, you too can rely on LawsuitLoans.io for your lawsuit loan needs.

Why Choose LawsuitLoans.io for Pre-settlement and Post-settlement Medical Malpractice Loans

LawsuitLoans.io is a trusted choice for pre-settlement and post-settlement medical malpractice loans. We offer many features that set us apart in this industry. Our highlights include low, simple rates starting at just 2.5% per month. This attractive rate makes our loans cost-effective, helping you manage your financial situation better while waiting for your legal case to resolve.

Another key feature of our service is fast approval. In many cases, we can approve your loan as soon as the same day you apply. This means you don’t have to wait long periods to get the funds you need. The quick and easy approval process ensures you receive the financial aid when you need it most.

We also cap our repayment terms. This means that interest stops accruing after a certain date. You won’t be trapped in endless debt cycles with LawsuitLoans.io. Once the capped date comes, your total repayable amount doesn’t increase more. This policy is part of our fair and responsible lending practice.

Lastly, our transparency and client-first approach make us a preferred choice for many people. We prioritize our clients above everything else. To this end, we maintain full transparency about our loans. We ensure you understand exactly how much you’ll pay, and there are no hidden fees or surprises. Our straightforward and honest approach has earned us a reputation as a trusted provider of pre-settlement funding.

Most Common Personal Injury Claims we Fund in California

Our company provides support for various legal claim types in California. The popular tasks we fund include:

• Car accidents: These are cases resulting from car crashes caused by negligence or reckless behavior.
• Commercial vehicle accidents: These claims arise when commercial vehicles like trucks, buses, or taxis get involved in road accidents.
• Any other roadway accident: We also fund personal injury claims resulting from different roadway mishaps including motorcycle accidents, bicycle accidents, and pedestrian accidents.
• Premises liability claims: These cases involve accidents that occur on other people’s property due to conditions that the property owner should have addressed.
• Medical malpractice: This occurs when a healthcare professional causes injury or harm through negligence or omission of standard care.
• Work injuries: We cover claims arising from workplace incidents including construction accidents, machinery malfunction, exposure to hazardous substances, among others.
• Slip and fall claims: Claims that arise from injuries suffered due to slipping, tripping or falling in various settings.
• Dog bite lawsuits: Cases related to injuries or harm caused by dog bites or attacks.
• Wrongful death claims: Claims made when a person’s death is caused by the negligence or misconduct of another.
• Police misconduct: Litigation that results from abusive actions carried out by law enforcement officers.

We entertain nearly any type personal injury claim. If you have an ongoing suit and you need funding, please do not hesitate to contact us.

California Medical Malpractice Pre-Settlement Funding FAQs

We understand that you may have some questions about medical malpractice pre-settlement funding. To help you better understand this option, we have provided answers to some FAQs that we often get from California residents.

What is the most you can sue for medical malpractice?

In California, there’s a cap on non-economic damages in medical malpractice cases. Currently, it’s set at $250,000, but there’s no limit for economic damages, which include lost income and medical bills.

Who gets the money in a medical malpractice lawsuit?

The money received from a medical malpractice lawsuit, otherwise known as compensation, goes to the plaintiff or victim who filed the lawsuit. In some cases, portion of these funds may need to cover legal fees, medical bills, and other costs, depending on the terms of the settlement agreement.

Is pre-settlement funding worth it?

Every case is different, but pre-settlement funding can be a lifeline when you’re waiting for a legal case to resolve. It provides you with cash to cover your bills and living expenses immediately. This is especially important in a medical malpractice lawsuit, which can take years to resolve. However, you should consider the costs of this loan and any other options you have before making a decision. Please visit our LawsuitLoans.io funding application to get started or call (866) 594-1343 if you need more information.