Guide
A birth injury can be a life-altering event for a newborn and their family. Beyond immediate health concerns for the baby, the consequences often include long-term medical needs, therapy, and care. Parents facing a birth injury lawsuit can struggle not only with emotional stress, but also with mounting bills and expenses. Pre-settlement funding can provide crucial financial support during this challenging time. By securing cash against your pending case, families can cover urgent needs and focus on caring for their child.
In this guide, we explore how pre-settlement funding works for birth injury cases and why it matters for families. We discuss the typical financial burdens a birth injury may cause and explain how Instabridge can step in to help. Our goal is to give you clear, practical information on using pre-settlement funding to support your family’s needs while your case is pending. Read on to learn how Instabridge provides help when you need it most.
Understanding Birth Injuries and Their Impact
Birth injuries range from physical trauma during delivery to complications that cause conditions like cerebral palsy, Erb’s palsy, or brachial plexus injuries. These injuries often require lifelong care, special education, or medical devices (wheelchairs, braces, etc.). The emotional toll on parents is immense, but the financial toll can also be overwhelming.
Long-term medical costs for children with birth injuries may include:
Ongoing medical care: Surgeries, hospital stays, doctor visits, physical therapy, and specialized treatments.
Therapy and support: Physical, occupational, and speech therapy over many years; sometimes special tutoring or schooling.
Assistive equipment: Wheelchairs, braces, specialized seating, and adaptive devices to help with mobility and daily life.
Home modifications: Ramps, lifts, grab bars, widened doorways – changes to make home life accessible and safe.
These expenses often begin right after birth and continue indefinitely. As a result, medical bills can pile up even when parents are unable to work because of caregiving duties. Tip: Keep detailed records of all care your child receives – every therapy session, doctor visit, and medical device purchase. Documenting costs carefully helps when discussing funding or later seeking reimbursement through your case.
How Pre-Settlement Funding Works for Birth Injury Families
Pre-settlement funding (also called litigation funding or a lawsuit cash advance) is designed to help plaintiffs like you handle expenses while your birth injury case is pending. Here’s how it generally works:
Non-recourse advance: You receive cash based on your case, but you only repay from your settlement. If the case is lost, you owe nothing back. This non-recourse nature ensures you and your family are not left with unmanageable debt if the lawsuit is unsuccessful.
No credit check: Approval depends on the merit of your case, not your personal credit score. Even families struggling financially have a fair chance to qualify.
Quick funding: Instead of waiting months or years for a settlement, funding companies like Instabridge can provide money in days. This means bills get paid promptly.
Transparent terms: Instabridge offers clear terms with no hidden fees. We charge simple interest only on the amount advanced, which you repay from your eventual compensation.
Tip: Talk to your attorney early about pre-settlement funding. A lawyer experienced in birth injury cases can help determine if this option fits your situation and can work with funding companies on your behalf.
Eligibility and Qualification for Funding
To be eligible for pre-settlement funding in a birth injury case, several factors are considered:
Strong case evidence: Clear proof of a birth injury and medical records documenting injuries. Doctor’s reports, hospital records, and expert opinions bolster your application.
Attorney involvement: Having an experienced birth injury attorney is usually required. Your lawyer’s support can vouch for the strength of your case to the funding company.
Severity of injury: Funding providers often prioritize cases with serious injuries and high costs. Families with long-term medical needs often qualify because they likely require significant compensation.
Defendant’s ability to pay: The company will assess the defendant’s insurance or assets. If the case has strong liability evidence and sufficient insurance coverage, funding is more likely.
Instabridge evaluates each case individually. Tip: Provide thorough documentation – photos of your baby’s condition, medical bills, therapy plans, and educational evaluations. The more evidence you submit, the better Instabridge can assess your needs and approve funding.
How Funding Supports Your Family
Pre-settlement funding is a resource that parents can use to stabilize their family’s finances while focusing on care. Here are practical ways families often use these funds:
Pay medical co-pays and prescriptions: Even with insurance, co-pays and medications for your child can be expensive. Funding covers these costs without delay.
Cover living expenses: Use the advance for essentials like rent, utilities, and groceries. This is especially helpful if one parent has reduced work hours to care for your child.
Fund special equipment or therapy: If there’s a gap between recommended care and what insurance covers, use funds to pay out of pocket for therapies, tutors, or equipment.
Reduce debt stress: Instead of relying on high-interest credit cards or loans, a lawsuit cash advance provides relief tied to your compensation.
Families who have used pre-settlement funding often feel a sense of relief. They can focus on their child’s development and legal case, rather than worrying about mounting bills. Tip: Prioritize your family’s needs when spending funding. Create a budget or plan – pay for immediate medical care and household essentials first, then use any remaining funds for other important expenses.
Working with Instabridge
At Instabridge, we understand the unique challenges birth injury families face. Our team offers personalized support through every step:
Confidential consultation: We discuss your case details discreetly to understand your needs.
Streamlined application: Our funding specialists work with your attorney to gather required documents, making the process as easy as possible for you.
Quick approval: After evaluating your case, we make an offer quickly so you can get funds without unnecessary delay.
Empathetic service: We’re accustomed to working with families in stressful situations. You’ll find our staff compassionate and patient as we assist with questions or updates.
Tip: Don’t wait until bills are overdue. If legal action is in progress or you have a strong case, contact Instabridge sooner rather than later. Early funding can prevent a financial crisis and keep your family stable.
Conclusion and Next Steps
Caring for a child with a birth injury is demanding enough without added financial pressures. Pre-settlement funding from Instabridge can help lighten that burden. It gives families breathing room to pay for medical needs, cover basic expenses, and focus on their child’s care. By understanding how funding works and preparing the necessary documentation, you can make the most of this valuable resource.
If you need support, Instabridge is here to help. Contact Instabridge today for a free, confidential consultation. We’ll walk you through your options and help determine if pre-settlement funding is right for your family. Let us handle the financial stress so you can give your child the care they deserve.
