How Much Cash Will I Need For My Lawsuit?
When you have suffered because of a personal injury or medical malpractice and want nothing more than to seek justice in court, thinking about all the money it costs to wage a court battle can make you want to abandon the fight.
Between fees for lawyers, expert witnesses and the costs associated with filing court documents, the charges might seem overwhelming. Fortunately, help is available.
Through programs such as lawsuit cash advances, you may be able to file a lawsuit without any upfront costs. And, you may not be on the hook for charges if you lose the case.
This can be welcome news for those suffering from high medical bills through no fault of your own. For example, you may be one of the thousands suffering from a faulty DePuy hip replacement.
This particular medical implant experienced extremely high failure rates – up to 49 percent of patients needed a second surgery or complete implant replacement after 6 years. Ultimately, DePuy recalled the implants, but not before 93,000 patients suffered painful consequences from the defective medical devices. If you are one of the affected, you may be eligible for legal recourse.
Another medical mishap eligible for a lawsuit loan is for those who received transvaginal mesh implants. This medical device helps women suffering from damaged or weakened vaginal walls. However, complications from the mesh can result in pain or damage to surrounding organs, including the bladder or the bowel.
Lawsuits against several large manufacturers of vaginal mesh have become increasingly common due to the harmful complications resulting from implantation.
If you are a victim of either one of these faulty medical devices, or have a similar case, a lawsuit loan might help you start the process of seeking financial retribution.
Fees associated with these types of lawsuits involve charges for attorneys, experts, and miscellaneous expenses, such as the cost of requesting medical records and filing court documents.
Expert medical witnesses charge on average $555 per hour to testify in court. Personal injury attorneys typically charge a contingency fee, which means they take a percentage of the damages awarded to you by the court instead of charging an hourly rate. The contingency covers attorneys’ fees only and does not include fees for expert witnesses or court costs.
When first retaining a lawyer, you will negotiate a fee agreement that outlines the percentage of the contingency fee. The agreement will also outline the method of payment for the miscellaneous charges, such as court fees. Sometimes, you will need to pay those miscellaneous costs upfront. Other times, the attorney may pay for them and deduct the cost from your settlement.
Never let the inability to pay your fees upfront derail you from pursuing justice from those who injured you. Lawsuit loans are available to help you recover damages and regain your life. You may even be able to recover expenses for medical bills or other related expenses.
Don’t give up hope. Contact the experts at Fund My Suit, a legal funding company, to discuss your options with knowledgable professionals and see if you may be eligible for a pre-settlement loan.