A Traumatic Brain Injury, or TBI, is a profound life-altering event that can affect anyone, and it can be either mild, moderate, or severe. These injuries can have long-lasting and devastating effects on the victim’s physical, cognitive, and emotional well-being, making it both heartbreaking and too difficult for families to cope with.
When a traumatic brain injury is caused by negligence, such as a car accident or medical malpractice, victims have legal grounds to seek compensation. Lawsuits can help recoup financial losses and hold those responsible accountable. However, the legal process can be lengthy and financially draining
If you or a loved one is pursuing litigation for a TBI and facing financial hardship while waiting for a settlement, legal funding, also known as lawsuit loans or pre-settlement funding, can provide the financial support you need during this difficult time.
What is Pre-Settlement Funding for Lawsuits Involving TBI?
Pre-settlement funding from Baker Street Funding is a financial solution designed for victims of traumatic brain injuries (TBI) who are in the midst of personal injury lawsuits. Essentially, it’s a risk-free cash advance against the potential settlement of your lawsuit.
Unlike a traditional loan, you don’t need to worry about your credit score or providing proof of income. Pre-settlement funding is non-recourse in nature. This means that if you don’t win your personal injury case, you won’t have to repay the advance. The risk is entirely on us, the funding company. Nonetheless, repayment includes interest rates, which will be detailed in your funding agreement.
How Does it Work for Traumatic Brain Injury Victims?
- Application Process. To borrow money from your pending lawsuit, simply apply for TBI pre-settlement funding online or call us at (888) 711-3599. Once we receive your funding request, a team member will contact your attorney to request your case file. This part of the process takes one business day. Here, underwriting will evaluate your case to determine the likelihood of a successful settlement.
- Approval and Funding. If you get approved, you’ll receive a funding agreement to sign. Upon completion, we’ll provide you with a portion of your expected settlement amount as a cash advance. This money can be used for medical bills, rent, groceries, or other necessities.
- Repayment. The great thing about our lawsuit funding is that repayment is contingent on the outcome of your TBI case. If you don’t win your lawsuit, you aren’t obligated to repay the funding.
Qualifying a TBI Personal Injury Lawsuit for Non-Recourse Funding
To qyalify, you must have a:
- Respected and Cooperative Personal Injury Attorney
- No Fault Accident
- Severe TBI
- Strong Personal Injury Case
- Defendant’s Insurance Coverage Should Be Sufficient
- Clean History of Fraudulent Claims.
- Or Reside in a Fundable State.
How We Evaluate Your Case
In addition to the standard requirements mentioned, here is how we assess the strength of your TBI case to determine if it qualifies for legal financing:
Strong Documentation of Liability
The level of your responsibility for the accident and the state you are in will determine how fault laws (such as comparative fault or contributory negligence) affect the amount of compensation you are entitled to after an accident. To increase the likelihood of securing non-recourse funding for a traumatic brain injury (severe TBI) lawsuit, your lawyer needs to present strong evidence of the defendant’s culpability.
- Strong Evidence Collection. Detailed evidence like accident reports, witness testimonies, and surveillance footage.
- Negligence Documentation. Documentation demonstrating a breach of safety protocols, improper conduct, or failure to maintain safe environments.
- Neuroimaging Testimony. Expert testimony from a neuroradiologist comparing pre-incident and post-incident scans (CT scans, MRIs, or advanced imaging like Diffusion Tensor Imaging) to identify new brain injuries.
- Cognitive Assessments. Statements from neuropsychologists identifying new deficits in memory, attention, processing speed, and executive functions not present before the incident.
- Medical History Testimony. Testimonies from your primary care physician and specialists confirming the absence of pre-existing brain-related conditions.
- Initial and Ongoing Records. Initial emergency room reports showing areas of brain injury, bleeding, swelling, or abnormalities. Subsequent imaging studies (CT scans, MRIs), hospital stays, and other medical records documenting ongoing treatment and changes over time.
Proving Long-Term Impact
- Standardized Tests. Tests like the Glasgow Coma Scale (GCS), Wechsler Adult Intelligence Scale (WAIS-IV), Montreal Cognitive Assessment (MoCA), California Verbal Learning Test (CVLT-II), and Trail Making Test (TMT) measure cognitive impairment and the long-term impact on daily functioning and quality of life.
- Psychiatric Evaluation. Documentation of significant behavioral and personality changes through psychiatric evaluations.
- Psychological Diagnostics. Diagnoses of conditions such as depression, anxiety, PTSD, and other mental health issues directly related to the TBI.
Present and Future Medical Costs
- Projected Lifetime Medical Care. Costs for regular specialist visits and continuous medication management, including anticonvulsants (anti-seizure medications), antidepressants, mood stabilizers, and cognitive enhancers (nootropics).
- Post-Op Reports and Costs. These may include post-ops for surgeries such as cranial reconstruction, shunt placement for hydrocephalus, deep brain stimulation (DBS) for movement disorders, or neurostimulation device implantation, among others.
- Long-Term Rehabilitation. Expenses for long-term rehabilitation therapies, such as Cognitive Rehabilitation Therapy (CRT), Neuropsychological Rehabilitation, Vestibular Rehabilitation Therapy (VRT), Speech and Language Therapy, and Physical Therapy to support ongoing recovery and functional maintenance.
- Lifetime Home Healthcare Services. Costs for continued in-home care and support you will need, including maintenance of home modifications for accessibility and safety.
Other Considerations
- Career Impact Projections. Estimation of future earning potential and career adjustments due to TBI.
- Historical Income Records. Pre-injury earning capacity for comparison.
- Health Insurance Coverage. Your health insurance policy and benefits, detailing the expenses that are covered and those that you’ll need to pay for yourself.
- Pre-settlement Liabilities. Any liens placed on the potential settlement.
How Can I Use a Lawsuit Loan From Baker Street Legal Funding?
Recovering from a TBI while waiting for your lawsuit settlement is never easy. Alongside the physical pain, you may also face financial troubles. Baker Street Funding provides non-recourse lawsuit loans that help you cover medical bills, rent, mortgage, avoid bankruptcy, electricity, gas, credit card bills, child support during this time.
Here’s how pre-settlement funding can be utilized in TBI lawsuits:
- Virtual Reality (VR) Therapy. Legal funding can cover the cost of VR therapy, which uses immersive environments to improve cognitive and motor functions. This innovative therapy can significantly enhance your rehabilitation process.
- Wearable Neurostimulation Devices. Use pre-settlement funding for wearable neurostimulation devices like transcranial direct current stimulation (tDCS) or vagus nerve stimulators. These devices provide mild electrical stimulation to give your brain the boost it needs to heal.
- Nutritional Counseling. To support brain health, nutritional counseling and tailored diets rich in omega-3 fatty acids, antioxidants, and anti-inflammatory foods can be possible with the help of TBI funding.
- Customized Cognitive Training. Invest in cognitive training software such as Lumosity or Cogmed using funding. These programs offer exercises designed to better cognitive deficits, helping you regain mental sharpness.
- Educational Courses and Certifications Use your funds to enroll in educational courses and certifications. These opportunities stimulate cognitive functions and help develop new skills, and ease skill development.
- Adaptive Sports and Recreation. Legal funding allows you to participate in adaptive sports and recreation programs, such as adaptive yoga, equine therapy, and therapeutic swimming. These activities not only aid physical recovery but also promote mental health and social interaction.
- Travel for Medical Treatment. You can use funding for travel expenses to visit renowned medical centers or TBI specialists for advanced treatments like Hyperbaric Oxygen Therapy (HBOT) to reduce brain swelling, or Stem Cell Therapy to repair damaged brain tissue if these options are not available locally.
Why Legal Funding Is Crucial for TBI Lawsuit Victims
Due to the subjective nature of brain injuries, insurance companies often exploit plaintiffs pursuing traumatic brain injury litigation, particularly when the injury is severe. They do this by frequently disputing the severity and causation of TBI symptoms, requiring extensive neurological assessments and multiple expert opinions. This creates prolonged disputes over the validity of the symptoms and their severity, which are more complex and harder to quantify, ultimately leading to settlement delays.
Moreover, insurers may challenge the long-term prognosis and the extensive and varied treatment plans typical for traumatic brain injury recovery, such as VR rehabilitation. By questioning the necessity and efficacy of these innovative treatments, insurers create additional hurdles. These tactics complicate the resolution process, often pressuring TBI victims to settle for less than their claim’s true value.
Get Financial Support for Your TBI Lawsuit
If you or a loved one is suffering from a serious traumatic brain injury (TBI) and are involved in a legal case, the physical discomfort may only be the beginning of your struggles. The emotional weight, mounting expenses, and unknown prospects can all be too difficult to bear.
Pre-settlement funding from Baker Street Funding provides you with the support you need to get through the legal battle and take care of yourself. With simple interest rates and an easy and fast application process, there’s no need to repay us if you lose your claim. Depending on the value of your case, you can receive from $1,500 up to $2 million and collect funds within 24 hours.
Apply for funding now to ease your financial burden and focus on your healing and rehabilitation.