The High Cost of Talc Powder-Induced Ovarian Cancer
More than 7,000 plaintiffs around the country have filed talcum powder lawsuits against Johnson & Johnson, alleging that the company’s Shower-to-Shower products cause ovarian cancer when used for feminine hygiene purposes over a long time period. And although many of these plaintiffs could benefit from pre-settlement funding, they might not realize it’s available to them. Pre-settlement funding is a non-recourse cash advance made against the plaintiff’s future settlement or jury award.
Why does the litigation time frame cause financial hardship?
Product liability lawsuits are an essential tool for seeking justice. They allow plaintiffs to hold negligent manufacturers liable for their financial losses. But lawsuits do have a major drawback: They can take months or years to resolve. And until a case is settled or decided by a jury, there’s no hope of a plaintiff getting compensated for their substantial losses.
Any plaintiff in a product liability lawsuit can face significant medical expenses, but cancer is in a league of its own. Even generous health insurance policies won’t cover all of the expenses. And without health insurance, it can cost between $20,000 and $40,000 for a hysterectomy. This is preceded or followed by an average of two to six cycles of chemotherapy, which can cost between $6,000 and $16,000 per cycle. Then there are the costs of other drugs intended to treat the side effects of cancer drugs, such as Neulasta, which is designed to support the immune system and can cost upwards of $10,000 per dose. In short, it can cost a hundred thousand or more per year to treat ovarian cancer—and patients are unlikely to be able to work while undergoing this grueling treatment regimen.
How can lawsuit loans prevent premature, unfair settlements?
Because of the substantial costs of treating ovarian cancer, talcum powder plaintiffs often feel pressured to accept premature settlement offers. Instead of waiting until they are offered a just settlement, these plaintiffs may accept much smaller payments just to get some cash in their pockets sooner.
Pre-settlement funding can put a stop to all of that. It gives talc powder plaintiffs the money they need today, without compromising future prospects. And unlike loans from a bank or credit union, lawsuit loans aren’t actually loans. They’re cash advances made with the future settlement or jury award as collateral. But best of all, they’re zero risk. If you don’t obtain a settlement or jury award for your injuries, you’ll owe nothing back on your cash advance.
LawStreet Capital: An industry leader in pre-settlement funding
Although pre-settlement funding can be a lifesaver for plaintiffs who can’t wait to get paid, it’s essential to pick the right company. Not all legal loan companies are as reputable as LawStreet Capital, which is known for having transparent policies, no hidden fees, and some of the lowest interest rates available. Call us today at 866-FUND-662 to speak with a friendly representative, or fill out the quick form on our website for a free, zero-obligation quote. Remember, there’s no risk to you, and you could have cash in your pocket within 24 hours of approval.
Additional “Talcum powder lawsuit” resources:
- Everyday Health, How Much Does Chemotherapy Cost? https://www.everydayhealth.com/news/how-much-does-chemotherapy-cost/
- Medscape, Clinical and Pharmacoeconomic Aspects Both Play an Important Role in the Treatment of Ovarian Cancer, https://www.medscape.com/viewarticle/406510_4