The settlement you will receive in a brain injury lawsuit depends on the facts surrounding your case. There are times when you may have a strong argument but still not get any compensation. Thanks to a traumatic brain injury (TBI) lawsuit loan, you may secure compensation even if your case is unsuccessful.
With help from Silver Dollar Financial, you may receive up to $100,000 in legal funding in as little as 24 hours. Our team is available to discuss our pre-settlement loan options with you. To get started, reach out to us.
Impact of a Traumatic Brain Injury
A traumatic brain injury may occur due to a bump, blow, or jolt to the head or body. The injury varies in terms of severity. It can cause health issues that affect a person for the rest of their life.
Following an injury to the brain, you may require medical treatment. A doctor may order physical therapy and other forms of treatment. These may put you in a financial bind.
If you suffer an injury as a result of someone else’s negligence, you may be able to hold this party accountable. You may seek compensation from a liable party through an injury lawsuit. When you request damages, you may also be able to get a lawsuit loan that gives you money you can use to cover your medical costs and other expenses for the duration of your litigation.
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TBI Cost
Traumatic brain injuries represent a “silent epidemic,” according to the Perelman School of Medicine at the University of Pennsylvania. This is due to the fact that most Americans are unfamiliar with these injuries and their immediate and long-lasting impact. Also, these individuals often do not understand the cost of a serious brain injury.
In total, the cost to treat, care for, and recover from a traumatic brain injury is approximately $30 billion annually in the United States, the Perelman School points out. On average, a TBI occurs every 15 seconds. Roughly 5.3 million Americans are currently living with this type of injury to the brain.
You cannot change the fact that you suffered an injury to your brain, but you may be able to hold an at-fault party liable for it. At Silver Dollar Financial, we offer legal loans to plaintiffs involved in TBI claims. To learn more, get in touch with us.
Traumatic Brain Injury Damages
A traumatic brain injury may cause you to incur economic and non-economic losses that impact how much you can receive in a settlement. In a TBI lawsuit, you may receive economic damages for quantifiable losses and non-economic compensation for subjective ones. Reasons why a judge or jury may award damages based on your injury include:
- Emotional trauma
- Lost wages
- Medical expenses
- Pain and suffering
Your injury may not go away on its own. It is crucial to consult with a doctor and continue to follow their instructions to treat your injury. If you need money to help cover your medical bills and other expenses while you are in the middle of an injury lawsuit, you may be able to request a car accident lawsuit loan or other types of legal funding.
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Calculating a TBI Settlement
There is no formula for calculating an injury settlement. In a TBI case, your attorney may work with an at-fault party and their insurance company to help you secure damages. There are many factors that may determine a settlement’s value, including:
- An at-fault party’s insurance policy limits
- The severity of your injury
- Your ability to work
- Your short- and long-term care needs
You may have concerns about how you will pay your bills while your lawsuit is pending. This may lead you to consider accepting a settlement offer since you want money right away. However, if you approve a proposal for far less than what your case is worth, you may wind up suffering the consequences of your decision long into the future.
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What to Do with a TBI Settlement Offer
If you get a settlement proposal, you may want to go over it with your lawyer. This allows you to get legal insights into the offer and all that it entails. Your attorney will be honest with you — if a proposal is well short of what you deserve, they will let you know.
Just because you receive a settlement proposal does not mean you have to approve it. Your lawyer may negotiate with an at-fault party and their insurance company. If the negotiations do not lead to a fair agreement, you can move forward with a trial.
If you believe a settlement offer lines up with your best interests, you can approve it and get compensation. You have the final say on a proposal and can choose to accept it, regardless of how your lawyer feels about it. Alternatively, your lawyer may be able to explain what is pre-settlement funding and help you obtain a lawsuit loan so you will have money available while you continue with your litigation.
How to Get a Fair Traumatic Brain Injury Settlement
There is no guarantee you will receive damages in your injury case. To put yourself in the best position to secure compensation, it helps to hire an attorney. You and your lawyer can work together to build a body of evidence and a compelling argument that will show a judge or jury that you are in no way at fault for your injury.
Over the course of your litigation, it helps to keep the lines of communication open with your lawyer. If the at-fault party or their insurer contacts you, notify your attorney. This ensures that your lawyer can discuss your case on your behalf — and you can avoid saying things on the record that may compromise your ability to get damages.
If you feel financial pressure and are concerned you may not get damages, you may want to pursue legal funding. There are many types of funding available to plaintiffs involved in injury cases. With a legal loan, you may receive compensation based on your projected settlement amount.
Request TBI Legal Funding
If you want money while you seek damages through a brain injury claim, Silver Dollar Financial may be able to help you out. We offer legal loans to those involved in injury cases. For more information, contact us today.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding