When you suffer harm due to a doctor’s mistake or a hospital’s negligence, the fallout is often overwhelming. At Pegasus Legal Capital, our team can help you manage these costs with New York medical malpractice pre-settlement funding.
Personal injury pre-settlement funding gives you access to financial relief before your case concludes, so you don’t have to choose between economic survival and pursuing justice through your attorney.
What Is Medical Malpractice Pre-Settlement Funding?
Medical malpractice pre-settlement funding is a non-recourse cash advance that provides plaintiffs with money while their lawsuit is pending. Instead of waiting for a settlement or court award, you gain access to a portion of your potential recovery upfront.
This financial tool is not about adding new debt. It’s about offering support that helps you stay afloat during a lengthy and often unpredictable legal process. With it, you can focus on recovery and allow your attorney to pursue the strongest outcome possible.
We understand that this process is difficult and lengthy, but our team is here to help you throughout the whole timeline of obtaining your personal injury pre-settlement funding.
Schedule your free consultation today with a medical malpractice lawyer serving New York, 855-386-3968
How Is It Different Than a Loan?
While some people compare legal funding to loans, some differences protect you as the plaintiff. Below, we break down the main distinctions so you can see why pre-settlement funding is safer and more supportive than conventional borrowing.
No Monthly Payments or Interest
Traditional loans usually involve interest and strict monthly payments. This can become a burden for families already struggling with medical bills and lost wages.
With pre-settlement funding, there are no recurring payments while your case is pending. You can use the money freely without worrying about compounding debt.
Repayment Only if You Win
The most important difference is that repayment is contingent on the outcome of your case. If you don’t win your lawsuit, you owe Pegasus nothing.
This non-recourse structure eliminates the financial risks associated with loans, making it a far more compassionate solution. If you do win, you’ll repay us using part of the settlement amount that you win.
Based on Case Merits, Not Credit
Eligibility for pre-settlement funding depends on the strength of your malpractice claim, not your financial history.
Your attorney’s evidence and the potential value of your case guide the decision. This means you can qualify even if your credit score or employment status would prevent you from getting a traditional loan.
Work With Our New York Medical Malpractice Lawyers 855-386-3968
When Should You Consider Medical Malpractice Pre-Settlement Funding in New York?
Not every case requires pre-settlement funding, but for many plaintiffs, it becomes a safety net. If you’re facing financial strain while waiting for your claim to resolve, this option may be worth exploring.
Common scenarios include:
- Mounting medical bills from ongoing treatment or corrective care
- Being unable to work and losing a steady income
- Pressure from insurers to settle quickly for less than your case is worth
- Falling behind on housing payments, such as rent or mortgage
- Struggling with daily living costs like groceries, utilities, or transportation
- Needing money to move into a safer or more accessible home environment
- Providing continued support for dependents or family members
Each of these circumstances can make it difficult to hold out for a fair settlement. New York medical malpractice pre-settlement funding ensures you aren’t forced into making financial compromises.
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What Are the Steps to Obtaining Legal Funding for Medical Malpractice?
Applying for funding is straightforward, but it’s helpful to understand the process before you begin. Our team makes the steps simple so families can access relief quickly and without unnecessary stress.
Step 1: Apply Online or By Phone
The process begins with a short application. You’ll share basic details about your lawsuit and provide your attorney’s contact information.
This initial step takes just minutes and sets everything in motion. Our team makes the application process as straightforward as possible, so you don’t need to worry about confusing paperwork. From there, we move quickly to connect with your attorney and start the review process.
Step 2: Case Review With Your Attorney
Our team works directly with your lawyer to review the specifics of your case. We consider factors such as the evidence of negligence, the severity of your injuries, and the potential damages involved.
This ensures our evaluation is based on facts and tailored to your situation. By relying on your attorney’s experience, we avoid unnecessary delays or requests for additional information. The goal is to reach a clear and fair decision that reflects the true strength of your claim.
Step 3: Fast Funding Decision and Payout
Once your case is approved, funding is delivered quickly, often within 24 hours. You’ll receive a lump sum that can immediately be applied toward urgent costs, giving you peace of mind while your lawsuit progresses.
The speed of this process means you won’t be left waiting during a stressful time. With the funds in hand, you can focus on recovery and your case instead of financial worries.
Your pre-settlement funding consultation is free — contact us today!
How Can Pre-Settlement Funding Help You?
The benefits of pre-settlement funding go beyond just paying bills. It’s about creating stability so you can handle your legal journey without additional stress.
For many families, the funds cover medical treatment, rehabilitation, and therapy costs. The flexibility allows you to address the needs that matter most in your unique situation.
Perhaps most importantly, funding gives you the ability to resist low settlement offers. Insurance companies often drag cases out, hoping financial pressure will force plaintiffs to accept less. With New York medical malpractice pre-settlement funding, you can hold out for the compensation you truly deserve, knowing your immediate needs are taken care of.
Why Should You Choose Pegasus Legal Capital as Your Trusted Legal Funding Partner?
Pegasus Legal Capital has built a reputation on transparency, speed, and compassion. We’ve helped thousands of clients across the country secure financial relief while their cases were pending, and we bring that same dedication to New York malpractice victims.
Our non-recourse model protects you from risk: if your case doesn’t succeed, you don’t repay us. We also handle the process efficiently, working closely with your attorney so you can focus on recovery instead of paperwork.
Contact Our New York Medical Malpractice Pre-Settlement Funding Team
At Pegasus Legal Capital, our team can help you get the money you need after you’ve been injured due to a negligent medical professional.
Contact us today for a free, no-obligation conversation.
Your pre-settlement funding consultation is free — contact us today!