We expect nursing home staff members to nurture and provide adequate medical care to our elderly loved ones. But unfortunately, that isn’t always the case, and staff members can inflict harm on patients. If nursing home negligence has harmed someone you love, legal action is often an effective way to hold the guilty party accountable and seek compensation for the damage done.
Although the law may be on your side, you should still expect your lawsuit to take time. As your debts pile up while waiting for compensation, a lawsuit loan for your nursing home negligence lawsuit may be just what you need to keep the bills paid while fighting for a fair settlement. In addition, legal funding can help relieve some of the stress you’re going through in this challenging time.
You Shouldn’t Have to Pay for the Actions of an Abuser
While most nursing home mistreatment is psychological, recent research by the National Center on Elder Abuse (NCEA) indicates that it can also involve physical, financial, or sexual abuse. Regardless of how your loved one suffered, they deserve justice and fair compensation for what they’ve been through.
Elderly victims of nursing home negligence often need extensive and potentially costly treatment for the abuse they endured. In addition to the medical expenses to treat their physical injuries, they may require psychological services to deal with the emotional trauma.
With legal financing, you may be eligible to receive up to 20% of your case’s value right now. You will not have to:
- Wait months or even years to access the money that is rightfully yours
- Pay the high cost of treatment on your own
- Go into debt because of the actions of an abuser
- Settle for anything less than the total amount your settlement is worth
Types of Abuse That Are Eligible for a Nursing Home Negligence Case
Many types of abuse and negligence can occur in nursing homes. Sexual, emotional, and physical abuse are mentioned most often and are important. But determining if a specific action within those categories qualifies for a case can be difficult. Some of the most common abuse or neglect scenarios include:
- Failing to give required medications when needed
- Not moving patients from beds and increasing the risk of bedsores
- Isolating patients from others and family members
- Not keeping patient’s room or areas they use clean
- Failing to adhere to safety precautions
- Not doing regular check-ins with patients
If any of the actions listed above sound like what your loved one went through, their case may qualify for a lawsuit loan to help pay any expenses they may have.
Qualifying for Funding in Your Nursing Home Negligence Case
Various actions by nursing home staff will fall under the umbrella of negligence. These could be passive, like ignoring calls for help or neglecting to provide for your loved one’s basic needs. Or they could be active instances of physical or verbal abuse.
To qualify for lawsuit financing, you’ll need to have:
- A pending personal injury lawsuit against the person to blame for the abuse or neglect. This could be any nursing home staff member, including a nurse, doctor, nurse’s aide, administrator, janitor, or kitchen worker.
- Representation from an attorney who is working with you on contingency. That means they only get paid if you win your case. If you change attorneys during your case, remember that it may take time for your new attorney to receive the paperwork and details about your case.
- Cooperation from your attorney throughout the legal funding process. They will need to provide information about your case to the funding company, so their responsiveness and willingness to help are vital. Then, after receiving your settlement, the lawyer is the one who disperses the proceeds, which includes paying back your pre-settlement funds.
- Solid evidence to support your negligence claim.
- Clear liability on the part of the at-fault party.
- Substantial and well-documented damages. If the neglect did not result in physical injury or lasting emotional trauma, you probably won’t receive as much compensation and may not qualify for legal funding.
States That Allow Legal Funding for Lawsuits
A lawsuit loan can change lives. And your nursing home negligence case may qualify for legal funding. To find out if your state supports legal funding, you can view our states page shows where we practice and the cities we serve in those states.
Many states protect legal funding because of the financial assistance it provides to residents in difficult times, especially during a nursing home negligence lawsuit. Backed by consumer protection laws, you can feel secure when applying for legal funding.
Difference Between Legal Funding and Lawsuit Loans
By now, you may be wondering about the difference between legal funding and lawsuit loans. You’ve likely heard the term before since they are often used interchangeably, which is incorrect. Legal funding, also referred to as pre-settlement funding, is not the same as a lawsuit loan.
Lawsuit loans classify as debt you take on because you agree to make monthly payments paying back your loan regardless of the outcome of your case. In contrast, legal funding is non-recourse debt meaning that you don’t have to repay unless you win your case. If you win your case and receive a settlement, money will come out of your expected settlement to pay back the funding.
Legal funding is safer and more efficient because you don’t have to worry about being tied into making payments for the rest of your life. In addition, when you repay legal funding, it’s a one-time payment, and you won’t have debt collectors calling like you would with lawsuit loans.
The Benefits of Legal Funding
Legal funding offers many benefits to plaintiffs who might otherwise have to go it alone, take out a bank loan, or get help from family or friends. Individuals who receive this risk-free form of financing will enjoy the following advantages:
Pay for Your Expenses During Negotiations or Trial
We can give you the pre-settlement legal funding necessary to stay afloat and minimize economic strain, whatever expenses you need to pay. That way, you can focus on winning your lawsuit and negotiating the best possible settlement instead of dividing your time among various financial obligations.
You can use the cash you receive to pay for nearly any expense you choose. For example, you might utilize the funds to cover:
- Medical treatment
- Utility bills
- Home health care
- The costs to move your loved one into a different nursing facility
- Automobile expenses like repairs or gasoline
Fast and Easy to Apply
Financial matters are time-sensitive, and you probably have lots of bills and expenses that need to get paid right away. For that reason, our financial experts always strive to get you qualified and paid as quickly as possible.
When you apply for legal funding with us, you can get approved for the amount you need in as little as 24 hours. Our team will work around the clock to bring you an answer on approval and then send you the money within one business day. So, there’s no need to wait several weeks to get your funds.
No Credit Check or Financial Documents Required
Unlike lawsuit loans, your credit score, employment status, or bank account statements will not affect your ability to get legal funding for your lawsuit. We only care about the things we ask on our application, so you don’t need to stress if your credit history is less than optimal or if you’re out of work.
That’s because your case qualifies for pre-settlement funding based on its merits and the evidence strength. Your personal financial history, credit score, and bank balances are not part of the equation.
Applying for a Lawsuit Loan More Than Once
If you’ve already received legal funding from us but got an unexpected medical bill in the mail, you may wonder if you can apply more than once. Based on your situation, you may be eligible to apply for another lawsuit loan.
To qualify for additional funding, you must have a pending lawsuit and a lawyer on your case. To be eligible, you should have already filed a personal injury lawsuit in court, and it cannot be resolved in any form. If your case is in progress, you can still receive additional funding. Your lawyer also has to agree to the payment terms for you to receive your funding.
Don’t Pay Us Back If You Lose Your Lawsuit
Because all our legal funding is non-recourse, you aren’t liable for the money you receive. In other words, if you don’t win your lawsuit and receive a settlement, you don’t have to pay us back.
We don’t want to become another source of stress during this difficult time. Our goal is to help you get the money you need fast.
Give Us a Call Today to Get Started
We know that dealing with abuse in any form is difficult. The last thing we want is for you to have financial hardship tacked on top of it. That’s why we offer fast funding that comes without the same risks to your personal finances that you might face with a traditional bank loan.
Want to apply for legal funding with us? You can submit your application online or give us a call. There is no obligation when you reach out to us. Get the money you need fast so that you can fight hard for the settlement you deserve. Our financial experts here at High Rise Financial
will always be honest, upfront, and open with you throughout the entire process.