Looking For Nursing Home Lawsuit Loans?

Nursing Home Lawsuit SettlementsMany need to get nursing home lawsuit loans due to sub par care and pending filed lawsuits. With that it is often impractical and irresponsible to try to provide specialized care for our loved ones at home, especially when they have medical issues which require a degree of knowledge and level of medical training in order to properly assist.

When the elderly can no longer take care of themselves their loved ones turn to nursing homes for help. While nursing homes often boast comfortable and loving care, there are nearly one million cases each year of nursing home neglect and abuse. That is why Verum Funding specializes in nursing home lawsuit settlements, nursing home lawsuits cases take very long to litigate. The long duration of the litigation process often leads to families becoming financially distressed. Lawsuit funding allows plaintiffs to get cash before their lawsuit is settled. Legal funding can alleviate economic strain, help cover urgent expenses, and provide a risk-free solution to ensure plaintiffs can pursue their legal claims without financial burdens.

If you or a loved one has been injured in a nursing home, lawsuit funding can help your financial situation. When you are cash strapped during litigation, lawsuit funding is there to carry you and your family until your award is presented. This is why so many plaintiffs rely on the nursing home lawsuit loans that Verum Funding has to offer.

Nursing Home Lawsuit Loans & Verum Funding

Abuse in nursing homes can take many different forms that can lead to a nursing home abuse lawsuit. Nursing home abuse victims often experience financial strain and emotional distress. Abuse can range anywhere from physical, sexual, and even psychological abuse by nursing home employees. This can result in serious and long-term physical and mental to elderly victims. This is especially true considering the older age of the victims that reside in these homes. If you or someone you know is in the middle of nursing home litigation, Verum Funding is here to help until your attorney settles or resolves your case. The following are some of the acts that could qualify you or a loved one for a funding on nursing home lawsuit settlements.

  • Neglect this could be bed sores, malnutrition, sepsis, or medication neglect
  • Medical malpractice
  • Physical and or Mental abuse including brain injuries, sprains, and broken bones
  • Wrongful death
  • Any financial manipulation

If you or a loved one has any of the above negative side effects from nursing home care, you might be able to get a settlement advance in as little as 24 hours!

What is Nursing Home Neglect?

Nursing home neglect is a form of abuse that occurs when a nursing home fails to provide adequate care to its residents, resulting in harm or injury. This neglect can manifest in various ways, including physical, emotional, or financial neglect, and can be either intentional or unintentional. The consequences of nursing home neglect are severe, often leading to significant physical and emotional distress for the affected residents. Understanding and recognizing the signs of neglect is crucial for ensuring the safety and well-being of nursing home residents.

The Definition of Nursing Home Neglect

Nursing home neglect is defined as the failure of a nursing home to provide the necessary care and services to its residents, resulting in harm or injury. This can include the failure to provide adequate food, water, shelter, clothing, and medical care. Additionally, it encompasses the failure to protect residents from abuse and neglect. When nursing homes do not meet these basic needs, residents can suffer from a range of issues, including malnutrition, dehydration, and untreated medical conditions. This neglect can have devastating effects on the health and quality of life of nursing home residents.

Signs of Abuse or Neglect in Nursing Homes

Recognizing the signs of abuse or neglect in nursing homes is essential for protecting residents. Some common indicators include:

  • Physical injuries, such as bruises, cuts, or broken bones
  • Emotional distress, such as anxiety, depression, or fear
  • Changes in behavior, such as withdrawal or agitation
  • Poor hygiene or unsanitary conditions
  • Malnutrition or dehydration
  • Unexplained weight loss or gain
  • Failure to provide necessary medical care or treatment
  • Overmedication or undermedication
  • Restraint or seclusion

If you notice any of these signs in a nursing home resident, it is important to take immediate action to ensure their safety and well-being. Addressing these issues promptly can prevent further harm and help hold the responsible parties accountable.

Qualifying for a Nursing Home Lawsuit Loan

A nursing home lawsuit loan is a type of pre-settlement funding that provides financial assistance to individuals pursuing a lawsuit against a nursing home for abuse or neglect. This financial support can be crucial for plaintiffs who are facing significant expenses while waiting for their case to settle. By obtaining a lawsuit loan, individuals can cover essential costs such as medical bills, living expenses, and legal fees, allowing them to focus on their recovery and legal battle without the added stress of financial strain.

Eligibility Criteria for Funding

To qualify for a nursing home lawsuit loan, the following eligibility criteria must be met:

  • The individual must have a pending lawsuit against a nursing home for abuse or neglect and have retained an attorney.
  • Attorney must be on contingency fee.
  • The individual must have a lawyer who is willing to cooperate with the funding company.

Meeting these criteria ensures that the plaintiff has a strong case and a genuine need for financial support. By providing this assistance, Verum Funding helps plaintiffs navigate the challenging legal process and seek the compensation they deserve for the harm they have suffered.

Nursing Home Lawsuit Loans in the News

As stated on abajournal.com there is more that 51,000 of the nation’s 1.4 million residents of nursing homes that have died due to COVID-19 since the beginning of 2020. Nursing home negligence has led to significant legal actions, highlighting the ed for financial support for victims of abuse and neglect in care facilities. With that over 750 nursing home employees have died due to COVID-19. Many still have not been able to get their medical records after the deaths. Many of the facilities with the largest COVID-19 outbreaks have been hit with nursing home negligence lawsuits.

In Albany, NY the Senate passed a Treatment Protection Act which repeals the previous immunity protection in which prevented executives, administrators and health care facilities including nursing homes to be held accountable for the harm that incurred at facilities. With that the majority leader Andrea Stewart-Cousins in the Senate said “This legislation, in addition to the nursing home-related reforms from the Senate Majority continues our strong commitment to prioritizing the rights and needs of residents and their families. I thank the sponsors for their work on these pressing issues, and we will continue to find ways to improve these facilities”. As reported by nysenate.gov

Settlement Facts & Funding

  • Around 95% of all of the nursing home lawsuits end in a settlement
  • The Journal of Empirical Legal Studies found in 61% of case where the nursing home lawsuit settlements offers were rejected, they actually received less in the trial verdict
  • Usually, the wrongful death cases have the highest settlement amount of all nursing home abuse cases.

Having skilled legal representation is crucial to negotiate and secure a fair settlement, which can alleviate financial pressures on victims and their families while pursuing justice.

You or a loved one that is considering funding from a nursing home case might wonder what I can do with the funding once I get it. It can be used for

  • Moving from one nursing home to another
  • At home care
  • Rent and or utilities
  • Groceries
  • and more

Victims and their families can seek compensation for medical expenses, emotional distress, and legal accountability for perpetrators, underlining the significance of timely legal action and understanding the statute of limitations.

How Can Verum Funding Help Me?

On the average settlements average around $400,000.00, and often with wrongful death cases they are well above the $1,000,000.00 mark. Legal funding can provide vital financial assistance to families during challenging times, especially in the context of a nursing home negligence lawsuit. If you or a loved one has suffered injuries due to nursing home staff, Verum Funding can assist you in obtaining lawsuit funding within 24 hours. We provide support on a range of cases, including physical abuse, abuse that might have led to wrongful death, and other types of personal injury. Applying is risk-free and costs nothing. Don’t wait for your case to settle to get paid, get your cash now with lawsuit funding. Call 434-535-5229, email us at help@verumfunding.com, or fill out the intake for on this page for free consultation today! We can help you get the advance funding on the Nursing Home Lawsuit Settlements that is needed.

 

Verum Funding the leader in nursing home lawsuit loans!