Burn injury pre-settlement funding.
Fire accidents, burn injuries, and legal funding
Most people who have visited the beach on vacation have experienced sunburn at least once in their life. While sunburn can be painful, they are still considered a minor burn. Other, much more severe burn injuries can cause muscle pain, damage to skin and bones, as well as pain from catastrophic burn injuries. Severe burn injuries can also require skin grafts and surgeries to help repair the affected area. Some damage from burn injuries may never be repaired.
When another party’s reckless or careless behavior causes someone to suffer a severe burn injury, they should be held accountable for their actions. Whether it is carelessness or intentional misconduct, the defendant is required to reimburse the affected individual for medical expenses, pain, and suffering, as well as lost wages.
However, the more serious the burn, the more time-consuming and costly your recovery could be. The truth is that settlements that come from insurance companies take a long time, and rarely do they even cover the medical treatment and all the time you lost from work.
If you or a family member has been seriously burned and you’re having trouble paying your debt, you’re not alone. While you wait for your case to conclude successfully, it is in your best interest to contact Baker Street Funding. We provide funding to burn injury victims with active lawsuits in a matter of one business day. We offer the fastest approval time in the nation, paired with some of the lowest rates available.
If you feel helpless due to a burn injury, pre-settlement legal funding can help you get through this period with dignity. By using pre-settlement funding (also widely known as pre-settlement loans for burn injury victims), we will provide you with a fast process, no credit or job check, no hidden fees, and no stress.
Baker Street Funding makes your settlement funds available to you while your case is still in litigation or mediation, so you can meet your financial obligations while your attorney fights for the settlement that you deserve.
Burn injury lawsuit funding process.
Qualifying for legal funding with Baker Street Funding is simple. If you have a burn injury, the defendant has insurance, and you have retained an attorney for your lawsuit; then you automatically qualify for burn injury lawsuit funding.
The process is simple and fast:
- All you need to do is apply and speak to one of our legal funding specialists to finish the qualification process.
- From there, they will contact your attorney to submit further information about your case and its merits.
- Once we receive the required case file, the process takes 24-48 hours.
- Upon approval, you and your attorney will receive a funding agreement to sign. We will disburse the funds to you within 2-24 hours, depending on the method of payment you choose.
Pre-settlement loan benefits for burn injury victims.
Settlement and pre-settlement funding is an investment into the outcome of your lawsuit.
At Baker Street Funding, we understand how difficult it is to get through life when one is severely hurt while your settlement takes an incredible amount of time to go through. You can take advantage of our pre-settlement funding solutions for burn victims.
Non-recourse means there is no risk
Burn injury pre-settlement funding is based on the outcome of your burn injury lawsuit settlement. There is no obligation for you to reimburse us should you lose your lawsuit, as this is not a loan. Only when you win your case, or your injury lawsuit settles, whether by jury or with a settlement agreement, will your attorney repay the cash advance from the proceeds of the compensation, and you will receive the balance.
No monthly payments, no credit or employment verification
There are no monthly payments, credit checks, or job checks for you to access cash. Our investment is strictly based on the merits of your case.
Low-capped simple rates
At Baker Street Funding, we are providing you with a cash advance that carries low simple interest rates. Our interest rates don’t add up on the interest every month like other companies that provide compounding rates. Our rates are also capped, meaning if your lawsuit doesn’t settle in 3 years, the rate charge will stop at the three-year mark.
Baker Street Funding’s exclusive approach has made us a leader in the settlement funding and litigation finance industries as we strive to provide, for both attorney and client, an exceptional experience.
Burn injury yearly statistics.
Burns can be caused by a multitude of things:
The cause of your burn injury and how it occurred is important for your settlement award. You must hold those responsible for your injuries accountable, and we are here to help you get the advance from those responsible.
Burn injury stats:
- 44% of burn clinic admissions are due to fire or flame burns.
- 33% are due to moist heat.
- 9% are due to direct contact with a hot object.
- 4% come from electrical burns, 3% from chemical burns, and 7% (from other).
Pediatric burn causes:
- 200,000 injuries of children under the age of 4 are admitted into burn injury centers due to scalding.
- 50% come from hot water and hot objects, and 50% come from spilled drinks such as coffee, tea, or hot water and foods.
Burn death stats:
- In 2016 alone, there were 3,390 civilian deaths from fires.
- Every 2 hours and 35 minutes, 1 burn injury and/or fire death is happening.
- Home fires: 2,550 deaths.
- Motor vehicle accidents: 300
- 550 (other).
These burns normally only affect the top layer of your skin. These can mostly be treated at home and will turn your skin bright red.
These burns are more serious and not only burn through the top layer of skin but multiple layers underneath as well. The skin will also blister, which will require you to seek medical treatment for proper care.
These burns are the most serious type of burn and always require immediate medical care. These burns go through your skin layers and affect muscle, tissue, and even bone. Because of the extensive damage, there may be minimal pain with these types of burns, but it is imperative to immediately seek emergency medical attention.
Contact us to learn more about your legal funding options.
If you or a loved one has suffered from a burn injury, have retained a lawyer, and the defendant is adequately insured, you automatically pre-qualify for a personal injury lawsuit settlement loan. You can complete our online funding application, where one of our pre and post-settlement funding specialists will help.
Learn more about how a pre-settlement lawsuit loan from Baker Street Funding can help with bills, medical costs, and more.