Stryker Hip Lawsuit Loans
Numerous plaintiffs across the country have filed Stryker hip implant lawsuits after sustaining serious injuries from the Stryker Rejuvenate and ABG II modular-neck hip stems. While litigation is pending, many plaintiffs face financial difficulties as they wait for a settlement or an award granted by the court. Due to the complexity of the legal issues and high volume of the complaints regarding the hip implants, a defective medical device lawsuit filed against Stryker Orthopaedics may take years to resolve.
If you filed a lawsuit but are struggling to make ends meet, Stryker hip lawsuit loans can help you get back on your feet. Receiving pre settlement funding enables plaintiffs to continue litigation without worrying about how they will pay their bills or support their families. The plaintiff loans have helped many people avoid the risk of facing foreclosure, eviction, repossession, or bankruptcy.
LawStreet Capital is a direct lender that grants approval for Stryker hip lawsuit loans to qualified plaintiffs within a 24-hour period. Verifying employment and performing a credit check are not necessary for your cash advance, since approval is solely based on the merits of the case. Pre settlement funding won’t add to your financial stress, since there is no risk involved. If you don’t win the case or receive a settlement, there is no need to pay back the cash advance.
Stryker hip replacement complications
The Stryker Rejuvenate and ABG II hip replacement systems were approved by the FDA as medical devices that could be used to treat patients suffering from major hip and joint problems. Since the hip replacement systems were approved through the FDA’s 510(k) premarket notification process, the medical devices were deemed substantially similar to other products that were already on the market. Therefore, Stryker Orthopaedic wasn’t required to conduct clinical safety trials prior to distributing the hip replacement systems to healthcare providers.
The Stryker Rejuvenate and ABG II modular-neck hip stems contained different components that surgeons could mix and match in order to create a device that was custom-made to fit each patient better. The hip replacement systems were marketed as medical devices that gave patients a better range of motion and lasted longer than hip implants created by competitors.
Once patients received the hip implants, there were complaints that the devices became loose and metal components began to corrode. As the metallic debris fell off of the device, it was absorbed by the surrounding tissue and bone, and into the bloodstream. When the metal debris accumulates in the soft tissues, patients develop a medical condition known as metallosis. The condition can cause the soft tissues in the body to deteriorate, bone loss, chronic pain, infection, and the growth of pseudotumors. Additional complications include damage to the kidneys, liver, and lymph nodes.
In June 2012, the Stryker Rejuvenate and ABG II hip replacement systems were voluntarily recalled. Stryker Orthopaedics announced that the hip replacement systems could cause patients to suffer from pain and swelling due to the corrosion and fretting of the device components. The manufacturer also offered to reimburse patients for the costs of additional medical treatment they will need as a result of the voluntary recall.
Pre settlement funding: Stryker hip lawsuit loans
When a medical device doesn’t work properly and causes serious medical complications, it may be difficult to fully comprehend the financial and emotional toll it will take on the patients and their families. Repairing the problems associated with a defective Stryker hip implant system may require extensive, ongoing medical treatment such as blood tests, diagnostic imaging, revision surgery, physical therapy, prescription medication, and follow-up examinations. Performing revision surgery can be difficult and lead to other complications such as bone fractures, pain from removing the implant, removal of large amounts of soft tissue, and prolonged rehabilitation.
While patients are undergoing their medical treatments, they are not able to function at full capacity. They may not be able to work and can’t earn as much income as they previously did. It may also take a while to resolve issues regarding payment of medical bills and any reimbursement that is owed by a third party. Once the defective medical device lawsuit is filed, it will likely take a long time before the legal proceedings are concluded and any potential financial compensation is actually received.
During the litigation process, the bills continue to pile up and need to be paid. When plaintiffs are at an economic disadvantage, they may feel more pressure to quickly settle a case. Stryker hip lawsuit loans allow plaintiffs to satisfy their financial obligations while they receive medical treatment and wait for their cases to be resolved. The plaintiff loans are not so much loans as they are a cash advance—they can be used to help pay the mortgage, car payments, credit cards, insurance, out-of-pocket medical expenses, and other bills. Receiving the financial assistance needed to cover living expenses puts plaintiffs in a better position to get a settlement or court award that accurately reflects the value of the case.
Fast approval for cash advance
LawStreet Capital understands the needs of injured plaintiffs and their families. As a result, the application process for Stryker hip lawsuit loans is structured in a manner that is convenient and easy. Simply fill out the free online application form and you will get a decision within 24 hours. There are no hidden fees or costs. You will receive the pre settlement funding payment via overnight mail or can have the funds deposited directly into your bank account, upon approval. If you have any questions, contact one of our helpful representatives toll-free at 800-345-8500.