Pre-settlement legal loans are very often valuable for plaintiffs in medical malpractice cases. The injured plaintiff often incurs extremely high medical bills coupled with an inability to work. While well-funded defense lawyers can hold out indefinitely while the case works its way through the court system, the victim needs cash now in order to pay bills. Without the lawsuit funding, plaintiffs often settle the case early for a fraction of what the case is worth.
A recent case in Toledo, OH demonstrates the point. A jury awarded a woman $3.8M when she was left paralyzed following a surgical treatment. The case took over 2 years to reach a settlement, and you can only imagine the costs of care incurred by the victim during the time between the injury and the settlement.
Pre-settlement litigation funding levels the playing field, giving plaintiffs needed cash so they and their attorneys can pursue a full and fair settlement of the case.


Comments
Post has no comments.