Personal injury and medical malpractice claims are advanced to help an individual who has been wronged or injured by the negligence or carelessness of another person to be compensated for their injuries.   That being said, personal injury and medical malpractice claims do not come with a blank check.   Liability is often disputed and can be difficult for a plaintiff to establish.   In fact, according to the most recent report from the Ohio Department of Insurance, roughly 75% of medical malpractice claims are resolved in favor of the doctors and hospitals.    

With statistics like this in mind, it easy to understand the allure of lawsuit funding: guaranteed money up-front and a promise that you can still recover money from pursing a lawsuit without any risk or obligation to repay the money back if you lose.   I guess that – not having to repay the advance if you lose – is what differentiates lawsuit funding from a loan from Bobby Baccalieri of The Sopranos.   However, make no bones about it: lawsuit funding is a horrible idea.