Pre-Settlement Funding For Victims With Spinal Cord Injury Lawsuits

A spinal cord injury can turn your world upside down. You’re suddenly facing huge medical bills, medical costs, and daily expenses, all while trying to cope with recovery. It’s incredibly tough to pursue justice when you’re also worried about money, especially if taking time off to heal means less income.

At Baker Street Funding, we understand. That’s why our lawsuit funding is here to help immediately. It gives you the financial relief you need to cover urgent costs, so you can focus on what matters most without the added stress of repayment until your case is successfully resolved.

What is a Spinal Cord Injury?

A spinal cord injury (SCI) is a severe trauma that damages the spinal cord, resulting in a loss of function such as mobility or sensation. The spinal cord is a bundle of nerves that runs down the middle of the back and transmits signals between the brain and the rest of the body. When the spinal cord is injured, it can disrupt these signals.

Types of spinal cord injuries:

Complete Spinal Cord Injury: This type of injury results in a total loss of sensation and function below the level of the injury. It means there is no motor or sensory function preserved in the sacral segments S4-S5.
Incomplete Spinal Cord Injury: With this type, some motor or sensory function remains below the level of injury. This includes syndromes like Anterior Cord Syndrome, Central Cord Syndrome, and Brown-Séquard Syndrome.

Common symptoms include:

Paralysis or quadriplegia
Loss of Sensation
Chronic Pain
Respiratory Issues
Bowel and Bladder Control Issues

Some of the common causes in these lawsuits include motor vehicle accidents like side-impacts or rollovers, falls from construction accidents, and sports injuries.

If the injury was caused by someone else’s negligence, you have the right to pursue justice through a personal injury lawsuit. A settlement can help cover expenses like medical treatments, rehabilitation, and lost wages, but the process can take months or even years to conclude.

In the meantime, out-of-pocket medical costs and lost income can pile up, creating severe financial strain.

Why Spinal Cord Injuries Create Severe Financial Strain

Living with a spinal cord injury (SCI) is life-changing—not just physically and emotionally, but financially. The costs of immediate and lifelong care, combined with the loss of income, can feel insurmountable for many victims.

The True Cost of Spinal Cord Injuries

Spinal cord injuries require extensive, ongoing medical treatment that generates massive bills long before a lawsuit is resolved. For severe injuries like high tetraplegia, the first year of care alone can exceed $1 million, with annual costs ranging from tens of thousands to over $200,000 in the years that follow.

For example, a 25-year-old with high tetraplegia is estimated to face over $5 million in lifetime expenses for medical care and basic living needs. These numbers don’t even account for the emotional toll or the sacrifices families often make to provide care.

Loss of Income and Added Expenses

Most SCI victims are unable to return to work, leading to a devastating loss of income, benefits, and future earning potential. On top of that, there are significant out-of-pocket costs for:

Specialized equipment like wheelchairs, lifts, and assistive devices.
Home and vehicle modifications such as ramps, wider doorways, and accessible vehicles.
24/7 care from aides or nurses, which can add up to thousands of dollars each month.

The Pressure to Settle Early

While the goal of your lawsuit is to recover compensation to cover these extensive damages, the financial pressure can be overwhelming. Many victims feel forced to accept low insurance settlement offers just to cover immediate expenses, even if it’s far less than they deserve.

How Pre-Settlement Funding Can Help

Pre-settlement funding offers a lifeline during this challenging time. It provides the financial support you need to cover urgent expenses—like medical bills, rent, and caregiving costs—so you can focus on recovery and let your legal team fight for the full compensation you’re entitled to.

What is Pre-Settlement Funding for Spinal Cord Injury Lawsuits?

Pre-settlement funding is a financial solution designed to help spinal cord injury victims manage the overwhelming costs of recovery while waiting for their lawsuit to settle. These injuries often come with massive medical bills, loss of income, and the need for specialized care, creating financial strain long before a case is resolved.

Unlike traditional loans, pre-settlement funding is non-recourse, meaning you only repay the advance if your case is successful. This funding provides immediate access to cash, allowing you to cover urgent expenses like:

Medical treatments, surgeries, and rehabilitation.
Specialized equipment such as wheelchairs or lifts.
Home and vehicle modifications for accessibility.
Daily living costs like rent or mortgage, groceries, and utilities.
Child care, spousal support, or even credit card bills.

By easing financial pressure, pre-settlement funding allows you to focus on your recovery and let your legal team fight for the compensation you deserve—without the stress of mounting bills or lowball settlement offers.

The Process for Obtaining Pre-Settlement Funds

Here’s how easy it is to get the support you need for your spinal cord injury lawsuit:

Application. The process starts with a simple application. Once submitted, we work directly with your attorney to review the details of your case.
Review. Our team evaluates the strength of your case, including the severity of your injury, the expected settlement amount, and the timeline for resolution.
Approval. If approved, you and your attorney complete a simple settlement loan contract
Funding. Your funds are usually wired directly to your bank account or sent via check the very same day the agreemment is finalized.

Remember, pre-settlement funding is non-recourse, meaning you only repay the advance if your case is successful. If you don’t win, you owe nothing— there’s truly no risk to you.

Qualification for Legal Funding

To qualify for for spinal cord injury lawsuit funding, you need to meet the following criteria:

You must have an attorney working on a contingency fee basis.
Your case must be worth $50,000+, and demonstrate strong liability against the defendant.
There should be clear evidence showing that the defendant is at fault.
The defendant should have insurance.
You need to be 18+ years of age and live in a fundable state.

There are no credit checks or employment verification.

Legal Funding Evaluation for Personal Injury Lawsuits Involving Spinal Cord Injuries (SCIs)

The amount of compensation in a spinal cord injury lawsuit is determined by several factors, including fault laws such as comparative fault or contributory negligence. To get approved for a settlement loan from Baker Street Funding, your attorney must provide documents that clearly show your case is strong and has a good chance of a successful outcome.

Here is what we need:

Accident Reports: Police reports and witness statements, and any photos or videos of the scene.
Defendant’s Insurance: Insurance policy limits and proof that the policy is active.
Detailed Medical History: Records of your medical history, including any health conditions or injuries you had before the spinal cord injury.
Post-Op Reports: Records of surgeries like spinal fusion, discectomy, and laminectomy.
Doctor’s Opinions: Reports from neurosurgeons and other specialists that describe the extent of spinal cord damage, future outlook, and necessary treatment.
MRI (Magnetic Resonance Imaging), X-Rays, Myelogram: Detailed images of the spinal cord and surrounding tissues, and documents detecting bone fractures or dislocations.
Medical Tests: Electromyography (EMG) and Nerve Conduction Studies (NCS) that check muscle and nerve function to assess nerve damage. Other tests may include Somatosensory Evoked Potentials (SSEPs) and Motor Evoked Potentials (MEPs).

Need Lawsuit Funding to Cover the Costs of Spinal Cord Injury Surgery?

Baker Street Funding specializes in providing medical lien legal funding victims in personal injury lawsuits. This type of financing provides coverage for a range of required medical procedures related to spinal cord injuries caused by accidents, and is a cheaper option compared to medical liens. Here are some of the procedures our lawsuit funding services cover:

Spinal Fusion Surgery
Anterior Cervical Corpectomy
Decompression Surgery (Laminectomy)
Vertebroplasty/Kyphoplasty
Spinal Cord Stimulator Implantation
Disc Replacement
Discectomy
Internal Fixation Devices
Complex Spinal Reconstruction

If you are interested in pre-settlement funding for a medical procedure in your personal injury lawsuit, please contact us or have your attorney reach out at (888) 711-3599.

Why Choose Baker Street Funding?

At Baker Street Funding, we understand that suffering a spinal cord injury can disrupt every aspect of your life, from your health to your finances. That’s why we’re committed to offering fast, transparent, and risk-free financial support when you need it most. With our non-recourse lawsuit loans, you don’t have to worry about repayment unless your case wins.

You’ll find our costs are always straightforward, with low, simple interest and absolutely no hidden fees or unexpected charges. We’ll assign you a dedicated expert who will support you from beginning to end, so you always have someone you trust by your side. You can count on us to be ethical and transparent, upholding the highest standards to protect you every step of the way.

Take Back Control of Your Recovery

A spinal cord injury can be excruciating, and the financial strain it causes can make recovery even harder. If you’re struggling to keep up with bills while you wait for your case to settle, Baker Street Funding is here to help. Apply for a lawsuit loan online or call our friendly funding specialists at (888) 711-3599 to get the support you need today.

FAQ

Can I get a lawsuit loan if I have a spinal cord injury?

Yes, Baker Street Funding provides financial assistance for plaintiffs with all types of injuries, from minor to severe. As long as you have hired an attorney and your case is pending or active, you are eligible for our services.

Can I use a pre-settlement loan be used for advanced treatments?

Yes. funding can support access to advanced treatments and programs tailored to spinal cord injury recovery, including:

Neurorehabilitation Programs
Functional Electrical Stimulation (FES) Devices
Advanced Rehabilitation Technology
Environmental Control Units (ECUs)
Pressure Sore Prevention Programs

What if I have a poor credit history?

We do not require a credit check for our lawsuit loans. Your eligibility is based on the strength of your case and the likelihood of it settling in your favor.

How quickly can I receive the pre-settlement funds after applying?

At Baker Street Funding, we pride ourselves on providing quick cash advances. Once your application is received and approved—which can happen in as little as 2 to 4 hours—funds are typically disbursed to your bank account promptly after you complete the funding agreement.

What if I lose my case? Will I still have to repay the cash advance?

No, you will not need to repay if your case does not win. Our funding is entirely non-recourse, meaning repayment is only required if you achieve a favorable settlement or verdict.