Wyoming 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 Now

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

A medical malpractice lawsuit loan is a type of pre-settlement funding that is specifically for plaintiffs with medical malpractice cases. It’s a financial tool that comes handy when awaiting the conclusion of a legal dispute. In the state of Wyoming, just like other states, this type of loan serves as a means to tide over financial stresses while you wait for your lawsuit to be resolved.

Now, let’s explain how this works. Supposing a resident of Wyoming has filed a case against a medical professional who negligently caused some harm. This process can be long and financially draining. While waiting for the settlement of his or her claim, the plaintiff may face significant financial challenges from loss of wages, medical bills, and other daily expenses. This is where a medical malpractice lawsuit loan steps in.

The plaintiff applies for funding through a company like LawsuitLoans.io. Once the application is approved, funds are forwarded to the plaintiff. This money can then be used to cater to immediate financial needs. Importantly, this is not a loan in the conventional sense. The reason being, if the lawsuit does not conclude in favour of the plaintiff, they owe nothing back.

Now, consider someone named Sarah. Sarah had a severe botched surgery that led to costly medical bills and time off work. Unable to pay her bills and meet her financial obligations, Sarah could apply for a medical malpractice lawsuit loan through LawsuitLoans.io funding application. If approved, she receives money to cover her expenses, providing her with the financial cushion she needs to wait out her lengthy court case.

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.

Telephone Icon - Starting the process is easy, just apply online or call toll free

Apply Online or Call Toll-Free

Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.

Review Icon - We quickly review your legal case.

We Review Your Case

Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.

Money Bag Icon - Once we approve your case, you and your attorney sign the contract and you get cash the same day

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 is a term often used in the realm of law. It refers to a situation where a healthcare provider, by action or omission, causes harm or injury to a patient. This happens as a result of not conforming to the accepted standards of practice in the medical community.

If you are a victim of medical malpractice, you may have a civil claim against the medical professional who was negligent. You can file a lawsuit to seek compensation for your damages. However, pursuing these legal claims can be a long and tedious process which is where companies like LawsuitLoans.io come in, offering pre-settlement funding to plaintiffs while they wait for their case to resolve.

There are many types of medical malpractice including but not limited to:

  • Misdiagnosis: This happens when a doctor fails to diagnose a patient’s condition correctly, causing delayed treatment and possibly leading to more harm.
  • Surgical Errors: These errors occur during surgeries. They can range from wrong-site surgery to leaving surgical instruments inside the patient.
  • Medication Errors: This type of malpractice takes place when a patient is given the wrong medication or dose. It can also happen if the doctor did not consider the patient’s medical history before prescribing medicine.
  • Birth Injuries: These injuries occur during the childbirth process. They could be a result of improper use of medical tools or failure to monitor the baby’s condition properly.

These examples illustrate the serious nature of medical malpractice and the important role of legal actions in addressing these issues. If you are a victim of any such negligent act, you might be entitled to a settlement. With the help of a lawsuit loan from companies like LawsuitLoans.io, you can stay financially afloat while you wait for your case to settle.

Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

Wyoming Medical Malpractice Lawsuit Loan Information

In the state of Wyoming, LawsuitLoans.io provides pre-settlement funding to plaintiffs involved in medical malpractice lawsuits. These lawsuit loans help plaintiffs manage their financial needs while waiting for a rightful settlement. Details about medical malpractice lawsuit loans in Wyoming by LawsuitLoans.io are given below:

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%
Wyoming Reports 2022′ 71
Wyoming medical malpractice statute of limitations 2 years from the act or omission.

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 Wyoming?

If you have been involved in a medical malpractice case and live in Wyoming, you might be wondering if you are eligible for a lawsuit loan. Here at LawsuitLoans.io, we have some straightforward eligibility criteria to help you determine your suitability.

The main requirements are quite clear-cut. First and foremost, you need to have a valid legal claim. This means that you are currently engaged in a lawsuit against an insurance company, a self-insured company, or a large public entity.

Secondly, it’s crucial that you already have an attorney working on your case. This is because your attorney will need to communicate with us about the details of your lawsuit, including potential settlement amounts.

Finally, to apply for a lawsuit loan from LawsuitLoans.io, you must be at least 18 years old. This is a common legal requirement for entering into any form of contract or agreement, including lawsuit loans.

You can check if you’re eligible for a lawsuit loan by completing our simple online application. If you meet these criteria, you may well be on your way to obtaining a medical malpractice lawsuit loan.

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 are capable of advancing 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 can offer 50% of your expected portion of the settlement.

Let’s illustrate this with an example. Imagine a plaintiff in Wyoming who is pursuing a police brutality claim with a $200,000 estimated value. The client is still treating for their injuries and it is estimated that the case may take an additional year to resolve.

As a general rule of thumb, medical providers typically receive around 1/3 of the settlement, while the attorney is awarded another 1/3 of the settlement. This leaves the plaintiff with approximately $65,000. At LawsuitLoans.io, we can advance around 25% of that amount, which equals $16,250.

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

Receiving a medical malpractice loan from LawsuitLoans.io provides you with the necessary financial support during pending personal injury or other legal claims. But you might wonder, “How can I use these funds?” It’s simple: you are free to use the loan to manage your basic living expenses and to cover your own medical bills.

Living expenses can be quite comprehensive. They range from your monthly rental or mortgage payments, utilities, groceries, transportation costs, child care expenses, and much more. These costs do not stop just because you’ve initiated a legal claim. In fact, they can increase due to your inability to work given the nature and aftermath of your injury.

Medical expenses tend to increase rapidly following an incident that leads to a legal case. This can include medication, physiotherapy, counselling, diagnostic tests, surgeries, specialist consultations, among others – all necessary procedures and treatments as part of your recovery journey. Funds from a LawsuitLoans.io loan can ease the burden of these expenses.

However, there is one exception when it comes to the utilization of loan funds. You cannot use the money for any expenses directly related to your litigation or legal case. This includes any fees for your attorney or the court, hiring expert witnesses for your case, and other associated costs.

The goal of LawsuitLoans.io is to help alleviate your financial stress during this challenging period, not to pay your legal bills. Your attorney will usually handle those expenses, and they are typically settled once you receive the judgement or settlement in your favor.

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

Understanding how lawsuit loans work can be challenging for some. Therefore, we aim to make the process as simple as possible for our clients. Essentially, there are five main steps that a plaintiff must follow to receive funds:

  1. Apply online
  2. We contact your law firm
  3. We review your case
  4. You sign a contract
  5. You get funds

Now, let’s consider a person who has a personal injury claim. For example, suppose John Doe, a victim of a medical malpractice case, is waiting for his lawsuit to conclude. In the meantime, he needs money to cover his living expenses and medical bills.

John starts the process by completing the online application at LawsuitLoans.io funding application. Once he submits the application, we reach out to his law firm directly to collect more information on his case. If the case qualifies, we send out a contract to him for a signature. After receiving an electronically signed contract back from John, we then provide him the funds he requires. Accordingly, until his case settles, these funds assist John financially without further obligations or risks associated.

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

If you are looking for a reliable funding source for your legal case, LawsuitLoans.io is the ideal choice for pre-settlement and post-settlement loans. We boast several key features that set us apart from other funding companies.

One of our standout features is our low, simple interest rates. Starting at just 2.5% per month, it’s an affordable solution to ease your financial stress while waiting for your lawsuit to resolve.

Among our top qualities is our commitment to speed. LawsuitLoans.io offers fast approval times, with the potential to get your funds as soon as the same day you apply.

We also have a unique approach to loan repayment. To protect you, we cap our repayment terms. This means that after a certain date, the interest stops accruing on your loan.

LawsuitLoans.io stands for transparency in all our dealings. We keep our clients well-informed about all aspects of their loan and make sure everything is clear and straightforward.

Lastly, our client-first approach is what makes us industry leaders when it comes to pre-settlement funding. At LawsuitLoans.io, we always consider your needs above all else and strive to provide the best service possible. We believe this sets up both our clients and our company for success.

Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

Most Common Personal Injury Claims we Fund in Wyoming

Below are some of the most common personal injury claims that LawsuitLoans.io can provide funding for in Wyoming:

  • Car Accidents: These include motor vehicle collisions involving cars, motorcycles, and trucks.
  • Commercial Vehicle Accidents: We also fund cases involving accidents with commercial vehicles such as taxis and buses.
  • Other Roadway Accidents: Any other accident on the road, such as bicycle and pedestrian accidents, are also funded.
  • Premises Liability Claims: These involve instances where a person is injured on someone else’s property due to the owner’s negligence.
  • Medical Malpractice: We assist funding in cases where medical professionals fail to meet the standard of care required, resulting in patient injury.
  • Work Injuries: These include all forms of injuries that occur in the workspace.
  • Slip and Fall Claims: Situations where an individual falls and sustains injury due to a negligent property owner.
  • Dog Bite Lawsuits: We provide funding for cases wherein an individual was bitten or attacked by a dog.
  • Wrongful Death Claims: LawsuitLoans.io offers funding to plaintiffs holding claims of death caused by negligence or harmful intent.
  • Police Misconduct: Funding is provided for cases involving police abuse of power and other forms of misconduct.

We help fund almost any personal injury claim. If you have a case not listed here, it is worth getting in touch to see how we can assist.

Wyoming Medical Malpractice Pre-Settlement Funding FAQs

Medical malpractice lawsuits are complicated and can take a long time to resolve. This can leave victims in a tough financial position. LawsuitLoans.io is here to help with pre-settlement funding. Here are some frequently asked questions answered for Wyoming residents:

What is the most you can sue for medical malpractice?

In Wyoming, there is no cap on the amount you can sue for economic damages, such as lost wages and medical bills. However, non-economic damages, for things like pain and suffering, have a cap of $1 million.

Who gets the money in a medical malpractice lawsuit?

The proceeds from a medical malpractice lawsuit go to the victim or their family, depending on the case. If a successful claim is made, monetary compensation is provided to cover medical bills, lost wages, and other related costs.

Is pre-settlement funding worth it?

Pre-settlement funding can be an effective solution if you find yourself struggling financially during an ongoing case. LawsuitLoans.io provides funds to plaintiffs waiting for their legal case to resolve, enabling them to meet their financial obligations without added stress. Remember, you only pay back if you win your case, making it a risk-free option.

Get Started

Apply today and get funds in as little as 24 hours!

Cities we Service in Wyoming

LawsuitLoans.io provides funding throughout Wyoming. See more about our funding in Wyoming by visiting the city pages below:

Other Cases we Fund in Wyoming

LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Wyoming. Read more about the personal injury cases we fund in Wyoming here:

Read more about the roadway accident claims we fund in Wyoming here:

Apply now for a free consultation