Financial Resources for Essure Lawsuit Plaintiffs
During 2016 alone, Essure manufacturer Bayer reported losses of $413 million that were directly associated with litigation filed with regard to its medical device. It’s a drop in the bucket for a company that reported $48 billion in revenue during that year, but it’s still reflective of the significant legal issues that have been hounding the embattled company. Over 3,700 patients have filed product liability lawsuits against Bayer, claiming that its Essure device resulted in serious, painful complications.
Non-recourse financial assistance
Legal dramas on TV make the litigation process seem quick and easy, but nothing could be further from the truth. The best case scenario is that a lawsuit will take a few months to settle. But quite often, litigation drags on for years, especially when the lawsuit is part of a multidistrict litigation (MDL). Even after a settlement agreement is reached, it can take a while to sort out the paperwork and get the plaintiffs their checks. Essure plaintiffs might not see a dime for a long time. In the meantime, some of them may resort to high-interest personal loans or, even worse, credit cards. They’ll end up paying far more than they needed to.
There’s a better solution for these financial obstacles. Non-recourse financial assistance is available to Essure plaintiffs in the form of lawsuit loans. A lawsuit loan is a de facto cash advance, made against the promise of a future jury award or lawsuit settlement. When the plaintiff receives the money from the lawsuit, she can easily cover the cash advance. If the plaintiff loses her lawsuit, she owes nothing.
Because of this, lawsuit loans are a risk-free way to finance current expenses, without jeopardizing future financial stability. By getting cash in hand today to pay the mortgage, utilities, or any other bill, plaintiffs can avoid taking out high-interest personal loans and racking up credit card debt. As a result, some plaintiffs may actually save more money in the long run, and some of them may even avoid filing for bankruptcy because of substantial debts.
Cash advances for peace of mind
Essure plaintiffs have already been through a lot. Nearly 12,000 adverse event reports were sent to the FDA during 2017 alone. They reported that the device had migrated, perforated internal organs, and caused allergic reactions. Plaintiffs have alleged serious, ongoing pain, depression, unwanted pregnancy, weight gain, and the need for hysterectomies because of complications with Essure.
It’s tough to deal with severe medical problems and financial problems simultaneously. Women who choose lawsuit loans can get relief of their financial worries, and instead focus on their health and emotional wellness.
Where you can turn for financial assistance
As an Essure plaintiff, you probably have a lot of worries on your mind. Medical problems, lost time at work, and ongoing legal developments are just a few of the common problems plaintiffs face. Here at LawStreet Capital, we understand you’re pressed for time. Our representatives will explain everything you need to know in a straightforward, no-pressure manner. We make our lawsuit loan application process easy, with no hidden fees or catches. Simply answer a few questions, and you could have cash in your pocket within 24 hours.
Remember that there’s no risk to you if you lose your lawsuit, so call us today toll-free at 866-FUND-662.
Additional Essure lawsuit funding resources:
- Modern Healthcare, Essure problems cost Bayer $413 million last year alone, http://www.modernhealthcare.com/article/20170222/NEWS/170229972
- Mayo Clinic, Essure, https://www.mayoclinic.org/tests-procedures/essure/about/pac-20394017