Filing an Eliquis Lawsuit? Here’s Why You Need to Consider Legal Loans

Jacky Gale | March 13th, 2017

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A growing number of product liability lawsuits are being filed against Bristol-Myers Squibb Company and Pfizer, the makers of Eliquis. This prescription medication is a newer generation of blood-thinners, which are collectively known as factor xa medications. Some patients have alleged that the defendants failed to warn consumers and doctors about the risks of potentially deadly bleeding. Unlike warfarin—the gold standard in anticoagulants—there is no antidote for Eliquis and other factor Xa drugs that may be administered by emergency medicine physicians when patients experience a significant bleeding event. With these lawsuits, plaintiffs have the opportunity recoup their losses and perhaps win punitive damages. But in the meantime, while they await resolution of their cases, they may decide to turn to legal loans as a way to stay fiscally secure.

What are legal loans?

Legal loans may be under-utilized, perhaps because many plaintiffs are unaware that they exist, or because of the misconception that legal loans are like normal bank or credit union loans. In fact, lawsuit loans are non-recourse. They are structured in a way that makes them de facto cash advances, rather than actual loans. Here’s a quick look at how these legal cash advances work.
You fill out a simple form, with no obligation to accept any resultant offer.

  • You’ll receive an answer about your approval within 24 hours.
  • If you accept the offer, you’ll have cash in your hand quickly.
  • If your lawsuit results in a favorable jury verdict or settlement, you’ll repay your loan at a reasonable rate.
  • If you lose your lawsuit, you won’t owe anything.

It might sound too good to be true, but a quick look at your legal loan contract will verify that you won’t be responsible for paying back the money if you lose your lawsuit. Plus, after you get your cash advance, you can use the money for anything at all—no restrictions. Pay your rent or mortgage, buy groceries for your family, or even pay your tuition.

Lawsuits proceedings can drag on for months or years

It’s another common misconception that dangerous drug lawsuits are a quick way to recoup one’s financial losses. It’s true that plaintiffs can secure compensation for their related medical expenses, lost wages, and pain and suffering. Unfortunately, it can take months or years for an Eliquis lawsuit to be resolved. In the meantime, injured plaintiffs are often unable to work, pay their bills, or support their families. Legal loans bridge the gap and allow Eliquis plaintiffs to continue to pursue litigation, rather than risk settling for less than what they deserve.

LawStreet Capital is standing by to provide expert assistance

When looking for legal loans, it’s important to be selective about the company you work with. LawStreet Capital has a longstanding reputation for unparalleled customer service, transparent terms with no hidden fees, and some of the lowest rates available in the industry. We are a direct lender that provides rapid access to risk-free cash advances for plaintiffs with all sorts of pending litigation. Call us today or fill out the form on our website to get started. There’s no need to worry about your credit or employment history—we never check either of them.

Additional Eliquis product liability lawsuit resources

  1., Eliquis,
  2. National Institutes of Health, Bleeding with dabigatran, rivaroxaban, apixaban. No antidote, and little clinical experience,