Benefits of Legal Loans for Plaintiffs in Diabetes Drug Lawsuits
In early December, a federal appeals court overturned an earlier decision that dismissed legal claims brought by patients prescribed diabetes drugs Byetta, Januvia, and Victoza. The patients’ claims indicate that they developed pancreatic cancer after taking the medications. The drugs have all been associated with a heightened risk of patients developing pancreatitis. The plaintiffs allege the drug manufacturers were aware of the linkage and risk, but did not warn either medical professionals or patients of the danger.
As a result, it is likely that an early series of bellwether trials will be set to hear cases representative of approximately 700 claims. Bellwethers are established when there are a number of cases similar in matters of fact and law, and when both parties want to assess how juries respond to information.
Legal Loans Can Help Establish Economic Security
If you’re among the plaintiffs in these cases, you and your loved ones could recover losses and perhaps receive punitive damages. But court cases can be long. Even bellwethers can take months and even years to be resolved.
If you have medical bills or other financial hardships and have lost wages or become unable to work, a legal loan can be a way to establish economic security while the cases are pending in court.
Legal loans may not be right for everyone, but for some plaintiffs they may be a critical way of building a financial bridge to a future settlement, especially for patients facing high medical bills stemming from injuries caused by diabetes drugs like Byetta, Januvia and Victoza.
Benefits of Legal Loans
Many people who have brought diabetes drug injury claims may not understand the potential benefits of legal loans. They are not like the usual loans one would receive from a bank or credit union. They are non-recourse loans. In other words, they resemble cash advances more than standard loans.
If the court case is settled in your favor, you will owe loan payments to pay back the loan at a reasonable interest rate.
If the court case is settled in favor of the defendant, you won’t owe anything. That’s right: if you lose, you don’t owe us a dime.
You can use your loan for anything: mortgage, groceries, medical bills, and more.
Loans provide economic security. Plaintiffs won’t be tempted to succumb to pressure to settle before the cases go through the entire legal process.
24-Hour Approval for Byetta and Januvia Lawsuit Loans
You can get a legal loan with 24-hour approval. There’s no credit check. There are no hidden costs. These are cash advances on your future settlement, and we offer industry-low interest rates. Call Law Street Capital today!
Additional “Diabetes Drug Lawsuit” Resources:
- Consumer Reports. New Concerns Over Byetta And Januvia Underscore the Value of Older and Cheaper Diabetes Drugs.” Consumer Reports News. March 5, 2013. http://news.consumerreports.org/health/2013/03/new-concerns-over-byetta-and-januvia-underscore-the-value-of-older-and-cheaper-diabetes-drugs.html
- Nordqvist, Christian. Some Diabetes Drugs Linked To Pancreatitis Risk. Medical News Today. March 1, 2013. http://www.medicalnewstoday.com/articles/257103.php