Massachusetts Medical Malpractice Lawsuit Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
What is a Medical Malpractice Lawsuit Loan and How Does it Work in Massachusetts?
A medical malpractice lawsuit loan is a type of pre-settlement funding. It provides financial support to plaintiffs involved in medical malpractice cases while they wait for their settlement. This kind of loan doesn’t involve typical credit checks or employment verifications. Instead, it’s based solely on the potential outcome of the case.
Let’s consider an example. Suppose John, a resident of Massachusetts, files a lawsuit against a hospital for negligence that led to serious injuries. The trial process is long, with many legal hurdles to overcome. In the meantime, John struggles to pay his living expenses, medical bills, and legal fees. This is where a medical malpractice lawsuit loan comes into play.
John applies for a loan from LawsuitLoans.io. After assessing John’s case details, LawsuitLoans.io decides his case is strong with a potential high settlement. They advance him a portion of his expected settlement. This money helps him cover his immediate expenses, providing relief during a stressful time.
What’s more, with LawsuitLoans.io, if John’s case doesn’t win, he does not need to repay the loan. This way, a medical malpractice lawsuit loan provides a safety net for plaintiffs like John. They can fight for the compensation they deserve without worrying about financial stability.
If you’re facing a similar situation in Massachusetts and need financial assistance, you can apply here.
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
Types of Medical Malpractice
Medical malpractice involves improper, unskilled, or negligent treatment of a patient by a health care professional. If you believe you have been improperly treated, you may have a civil claim against the medical professional involved.
There are various types of medical malpractice. Here we will discuss some of the most common examples and provide information about each:
- Delayed Diagnosis or Misdiagnosis: This occurs when a doctor fails to diagnose an illness correctly, which then leads to further health complications. The doctor’s failure must have resulted in a significant negative impact on the patient’s condition.
- Surgical Errors: These are mistakes that occur during surgery. They can include operating on the wrong body part or leaving medical equipment inside the patient’s body. The error must have caused harm to the patient to be considered malpractice.
- Prescription Drug Errors: This involves prescribing the wrong medication or the wrong dosage. Like other types of malpractice, the error must have directly led to harm or injury.
- Prenatal Care and Birth Injuries: These involve injuries to the baby or mother due to negligence during pregnancy or delivery. Negligence could be failure to identify prenatal conditions or misuse of forceps or vacuum extractors during childbirth.
If you believe you’ve been a victim of medical malpractice, it’s crucial to seek legal advice immediately. Lawsuit Loans.io offers pre-settlement funding to help you manage your expenses while you wait for your legal case to resolve. Contact us at LawsuitLoans.io, give us a call at (800) 340-4973 or fill out our funding application form at LawsuitLoans.io funding application.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Massachusetts Medical Malpractice Lawsuit Loan Information
Medical malpractice lawsuit loans in Massachusetts, offered by LawsuitLoans.io, provide crucial financial support to plaintiffs during their case. This form of pre-settlement funding helps cover living expenses and other costs before any legal resolution. Here is important information about such loans:
| 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% |
| Massachusetts Reports 2022′ | 302 |
| Massachusetts medical malpractice statute of limitations | 3 years from the discovery of harm, but with certain exceptions and nuances. |
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible For a Medical Malpractice Lawsuit Loan in Massachusetts?
If you are involved in a medical malpractice case in Massachusetts, you may be asking if you are eligible for a lawsuit loan. There are several conditions you must meet to qualify for this type of financial support from LawsuitLoans.io.
The primary eligibility criteria include:
- Having a valid legal claim: This claim should be against an insurance company, self-insured company, or large public entity. It’s not enough to simply state that malpractice occurred. You should have substantial evidence proving the misdeed.
- Legal representation: You must have an attorney who is handling your medical malpractice case. LawsuitLoans.io works directly with your attorney to simplify the process and make it as smooth as possible.
- Being over 18 years old: Only adults are eligible for a lawsuit loan. You must be at least 18 years old to apply for funding from LawsuitLoans.io.
If you meet these criteria, you are likely eligible to apply for a LawsuitLoans.io funding application. Lawsuit loans can provide you with the financial support you need while your legal case is resolved.
Get Started
Apply today and get funds in as little as 24 hours!
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+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled police brutality cases, we offer up to 50% of your expected portion of the settlement.
To illustrate, let’s use a hypothetical example. Suppose you’re a plaintiff in Massachusetts, pursuing a police brutality claim. The estimated value of your case is $200,000. You’re still receiving treatment for your injuries and the resolution of the case may take another year.
As a general rule of thumb, medical providers receive approximately 1/3 of the settlement. Attorneys receive another 1/3 of the settlement. This leaves about $65,000 for you, the plaintiff. In such cases, we could potentially advance around 25% of that amount or $16,250 to you while you await the conclusion of your case.
How Can I Use the Money From my Medical Malpractice Loan?
If you’re a plaintiff in a medical malpractice case, waiting for your litigation to resolve can be stressful. In some cases, it may take some time, leaving you with bills and expenses piling up. That’s where LegalNoans.io steps in.
At LawsuitLoans.io, we provide pre-settlement funding that you can use to cover those looming expenses. But what exactly can you use these funds for?
The simple answer is: quite a lot! One of the main uses for these funds is to cover living expenses during this challenging period. The costs of everyday life, from your mortgage or rent payments, utilities, groceries, and transportation, can all be covered with the funds from your medical malpractice loan. You can also use these funds to cope with unexpected expenses, such as repairs or sudden bills.
Let’s not forget about medical expenses. Dealing with a medical malpractice case often goes hand in hand with ongoing medical treatment. The funds from the lawsuit loan can help ease the burden of medical bills, medication costs, physical therapy, and any other health-related expenses you incur as part of your recovery journey.
However, there’s one thing you cannot use these funds for, and that’s litigation or legal case expenses. These are typically taken care of by your attorney on a contingency basis, meaning they are paid from the final settlement or trial award.
Pre-settlement funding gives you the financial stability you need to focus on your physical recovery and personal life, knowing that your living and medical expenses are covered.
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.
Our Medical Malpractice Loan Process
If you have a legal case and need urgent funds, LawsuitLoans.io can help. We provide lawsuit loans in a simple process. This procedure involves five main steps:
- You apply online for our services.
- We get in touch with your law firm to discuss your case.
- Our team reviews your case thoroughly.
- You sign a contract with us after the case review.
- Lastly, you receive the funds directly in your account.
Now let’s take a look at an example. Imagine a plaintiff, let’s call him John, who has a personal injury claim resulting from a medical malpractice incident. He has hired a lawyer, and while his case is pending, he faces financial troubles. To maintain his living expenses and medical costs, John applies for a lawsuit loan from LawsuitLoans.io.
After applying on LawsuitLoans.io, we contact John’s law firm for more details about his case. Our team then reviews all aspects of John’s case carefully. After our thorough evaluation, we deem John eligible for a lawsuit loan and offer him a fair and transparent contract. John signs the contract, and shortly after that, we transfer the funds into John’s account. Now John can comfortably wait for his lawsuit settlement while keeping up with his financial obligations.
This is how simple and straightforward our process is at LawsuitLoans.io. We strive to provide quick, reliable funding for plaintiffs in need.
Why Choose LawsuitLoans.io for Pre-settlement and Post-settlement Medical Malpractice Loans
When it comes to choosing a funding firm for your pre and post-settlement medical malpractice loans, LawsuitLoans.io stands out. Our approach is uniquely designed to prioritize our clients’ needs without compromising transparency. We aim to support you in ways that benefit you the most. Here are few reasons why you should consider LawsuitLoans.io:
- Low Simple Rates: We offer our clients affordable rates starting at 2.5% per month. Our aim is to provide financial help with minimal burden.
- Fast Approval: LawsuitLoans.io understands that time is crucial when you face legal issues. That’s why we ensure speedy approval of your loan application, sometimes as quick as the same day.
- Capped Repayment Terms: To further ease your worries, we have capped repayment terms. This means that interest stops accruing after a set date, which makes for more manageable repayments.
- Transparency and Client-first Approach: Our dedication to transparency and placing our clients first sets us apart in pre-settlement funding. You can count on LawsuitLoans.io to be upfront about all aspects of our service and to always prioritize your needs.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Most Common Personal Injury Claims we Fund in Massachusetts
We at LawsuitLoans.io provide pre-settlement funding for various types of personal injury claims in Massachusetts. The most common lawsuit claims we financially back include:
- Car Accidents: These involve two or more motor vehicles – typically due to negligence.
- Commercial Vehicle Accidents: Crashes that involve business and commercially operated vehicles.
- Any Other Roadway Accident: This encompasses a wide range of categories – from pedestrian accidents to motorcycle crashes.
- Premises Liability Claims: Lawsuits filed when an individual is injured on someone else’s property due to the owner’s negligence.
- Medical Malpractice: Cases involving healthcare professionals’ negligence resulting in harm or death to a patient.
- Work Injuries: Accidents or illnesses that happen while an individual is performing duties related to their job.
- Slip and Fall Claims: Accidents occurring because of unsafe conditions on a property, causing a person to trip or slip and fall.
- Dog Bite Lawsuits: Personal injury claims filed after a person is bitten or attacked by someone else’s dog.
- Wrongful Death Claims: Cases filed by the surviving relatives following a person’s death due to negligence or wrongdoing.
- Police Misconduct: Lawsuits involving police officers’ misuse of authority, resulting in physical harm or violation of rights.
We offer funding for these and almost any other personal injury claim. We understand the financial burden that comes with waiting for a lawsuit settlement and aim to ease your strain with our services.
Massachusetts Medical Malpractice Pre-Settlement Funding FAQs
Below are common questions asked by Massachusetts residents about medical malpractice pre-settlement funding and their answers:
What is the most you can sue for medical malpractice?
In Massachusetts, individuals can claim an unlimited amount for compensatory damages in a medical malpractice lawsuit. These damages cover economic losses such as medical costs and lost wages, and non-economic losses like pain, suffering, and loss of enjoyment in life. However, there is a cap of $500,000 on non-economic damages unless it is proven that a greater amount is fair due to substantial or permanent loss or impairment.
Who gets the money in a medical malpractice lawsuit?
The person who filed the lawsuit, known as the plaintiff, generally receives the funds from a successful medical malpractice lawsuit. In some cases, should the plaintiff pass away before settlement or judgment payout, their legal heirs or estate could receive the funds.
Is pre-settlement funding worth it?
Pre-settlement funding can be worth it if you require immediate financial help while awaiting your lawsuit’s resolution. A company like LawsuitLoans.io can provide funding to plaintiffs with legal claims. Use of these funds can help you manage living and medical expenses. It’s important to note that this is not a loan, but rather an advance on your potential settlement. LawsuitLoans.io has a streamlined application process available for those interested.
Get Started
Apply today and get funds in as little as 24 hours!
Cities we Service in Massachusetts
LawsuitLoans.io provides funding throughout Massachusetts. See more about our funding in Massachusetts by visiting the city pages below:
Other Cases we Fund in Massachusetts
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Massachusetts. Read more about the personal injury cases we fund in Massachusetts here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Massachusetts here: