New Mexico 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
Apply in Seconds
New Mexico Medical Malpractice Lawsuit Loan Information
If you’re facing a medical malpractice lawsuit in New Mexico, you might be feeling overwhelmed. It’s a time of anxiety and stress. Here at LawsuitLoans.io, we provide pre-settlement funding solutions to help. You may be eligible for a loan that will support you while your case is being resolved.
| 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% |
| New Mexico Reports 2022′ | 159 |
| New Mexico medical malpractice statute of limitations | 3 years from the act or omission. |
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.
Am I Eligible For a Medical Malpractice Lawsuit Loan in New Mexico?
Before applying for a lawsuit loan, it is crucial to understand the eligibility criteria. Primarily, there are three key requirements that applicants must meet.
First, the applicant must have a valid legal claim stemming from a medical malpractice incident against an insurance company, self-insured entity, or large public organization. This means there needs to be legal grounds for demanding compensation due to mistakes made in your treatment by healthcare providers.
Second, having an attorney is mandatory. This underscores the seriousness of your case as well as enabling efficient communication and transactions with our company.
The last important requirement is the applicant’s age. You must be at least 18 years old to apply for a medical malpractice lawsuit loan in New Mexico.
If these criteria are met, you may qualify to secure a lawsuit loan while waiting for your case to be resolved.
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.
How Much Money Can I Get From my Medical Malpractice Lawsuit Loan?
Medical malpractice lawsuit loans from LawsuitLoans.io can range from $500 to more than $1,000,000. We can give you an advance of up to a quarter of your expected share of the settlement if your case is still ongoing. For resolved police brutality cases, we can offer 50% of your estimated portion of the settlement.
As an example, let’s take a New Mexico client who is asserting a police brutality claim estimated at $200,000. The client is still seeking treatment for their injuries and their case might be another year before resolution. Typically, medical providers receive about one third of the settlement, and the attorney also garners a third. As a consequence, the plaintiff may expect to gain around $65,000.
In this scenario, we could advance around 25% of that amount, which totals to $16,250. It’s straightforward; no hidden fees or unexpected surprises, just simple, clear-cut help when you need it most.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
How Can I Use the Money From my Medical Malpractice Loan?
If you’ve received a medical malpractice loan through LawsuitLoans.io, you might be wondering how to use the funds. The good news is, you have a lot of freedom in this area.
For starters, you can use the funds to cover living expenses. This includes things like rent or mortgage payments, groceries, utility bills, car payments and more. Essentially, any normal living expense you have can be covered with this loan.
You also have the option of using your loan to cover medical expenses. If you’re still undergoing treatment or need to pay for medications, physical therapy, or other related expenses, your loan can help with this.
The only thing you can’t use your loan for is litigation or legal case expenses. This ensures that you’re not doubling up on funding for these expenses, considering the purpose of the lawsuit loan is to support you financially while you await the resolution of your legal claim.
Get Started
Apply today and get funds in as little as 24 hours!
Why Choose LawsuitLoans.io for Pre-settlement and Post-settlement Medical Malpractice Loans
If you are involved in a medical malpractice case, you may be wondering where to turn for financial support. LawsuitLoans.io is an excellent choice for your pre-settlement and post-settlement funding needs. Here’s why:
Low Simple Rates: Our rates start at just 2.5% per month. This low rate means you can get the cash you need without piling on extra debt.
Fast Approval: We understand that legal cases can be slow but your bills aren’t waiting. That’s why we aim to give you a lending decision as soon as the same day you apply.
Capped Repayment Terms: With LawsuitLoans.io, interest stops accruing after a certain date. This cap ensures that you’re not stuck paying endless interest on your loan.
Transparent and Client-First Approach: We pride ourselves on our industry-leading transparency. Everything is laid out in clear, easy-to-understand terms. We always put our clients first and work hard to meet their funding needs during a difficult time.
To apply for a loan with us, simply visit our Funding Application page or call toll free at (800) 340-4973
Most Common Personal Injury Claims we Fund in New Mexico
We fund a variety of personal injury cases in New Mexico. Here, we’ve listed the most common ones:
- Car Accidents: Car accidents, one of the most common causes of personal injuries, can be confusing and stressful. LawsuitLoans.io provides funds to help you navigate this difficult time.
- Commercial Vehicle Accidents: Truck and other commercial vehicle accidents often result in serious injuries. We fund these claims to ensure you get the compensation you deserve.
- Any Other Roadway Accident: Roadway accidents are common and we provide funding for plaintiffs involved in any kind of roadway accident.
- Premises Liability Claims: If you’ve been injured on someone else’s property in New Mexico, we can fund your premises liability claim.
- Medical Malpractice: Victims of medical negligence deserve justice. We provide financial assistance for medical malpractice cases.
- Work Injuries: If you face an injury while at work, we fund those claims to help cover any financial burdens.
- Slip and Fall Claims: Slips and falls can happen anywhere and cause serious harm. We help fund these claims for plaintiffs in New Mexico.
- Dog Bite Lawsuits: Dog bites can cause significant injury and emotional trauma. We provide pre-settlement funding to ease your financial stress.
- Wrongful Death Claims: Losing a loved one is tragic. We provide funding to help you manage during this difficult time as you seek justice.
- Police Misconduct: Victims of police misconduct have the right to seek compensation for their experiences. LawsuitLoans.io can support your claim financially.
Above all, LawsuitLoans.io funds almost any personal injury case in New Mexico. We aim to help you throughout the process of your legal claim.
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.
Cities we Service in New Mexico
LawsuitLoans.io provides funding throughout New Mexico. See more about our funding in New Mexico by visiting the city pages below:
Other Cases we Fund in New Mexico
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in New Mexico. Read more about the personal injury cases we fund in New Mexico 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 New Mexico here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in New Mexico?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in New Mexico.