
Do you need risk-free CPAP lawsuit loans? In June 2021, millions of CPAP (Continuous Positive Airway Pressure) devices were recalled by Philips Respironics (Philips) due to potential health risks. The polyester-based polyurethane (PE-PUR) foam used in these devices, which helps in reducing sound and vibration, can degrade over time, releasing toxic gases, harmful particles, and chemicals that users can inhale or swallow. This recall has affected many individuals who rely on the device for sleep apnea treatment, leading to financial and health concerns.
If you’re involved in a lawsuit related to these recalled CPAP devices, you might need financial support while your case is ongoing. At High Rise Financial, we offer affordable and risk-free CPAP lawsuit loans, which can provide you with the funds you need to cover medical bills, living expenses, and other costs while your case is ongoing. Our defective drugs and medical device pre-settlement loans are specifically designed to help claimants with ongoing legal cases related to CPAP devices. The CPAP settlement cash advance is non-recourse, and you don’t have to pay it back if you don’t win your lawsuit.
Philips CPAP Recalls
In June 2021, Philips identified a serious issue with their CPAP, BiPAP, and ventilator devices. The problem stemmed from the polyester-based polyurethane (PE-PUR) foam used for sound and vibration reduction. Over time, this foam could degrade, releasing harmful particles and toxic gases that could be inhaled or ingested by users. Concerns arose after a series of customer complaints and internal investigations, prompting immediate action to ensure user safety.
Upon recognizing the potential health risks, Philips voluntarily issued a recall, affecting about 15 million devices worldwide. The company has since collaborated with healthcare providers and regulatory bodies to replace or repair the affected machines. Unfortunately, some users reported experiencing serious health issues such as respiratory problems, headaches, and even cancer. This has since led to numerous product liability and personal injury lawsuits.
Update on Philips CPAP Lawsuits
As of early 2025, Philips has reached a significant $1.1 billion settlement to address the claims related to their recalled CPAP devices. This agreement is set to compensate individuals who suffered health issues due to the defective devices. Specifically, $1.075 billion is allocated for personal injury claims, providing financial relief to those who developed serious health complications. Additionally, $25 million is designated for medical monitoring, ensuring that affected users receive ongoing health assessments and care.
Currently, there are 824 cases pending in multidistrict litigation (MDL). If the federal court approves the settlement, it will resolve a substantial number of these claims, potentially eliminating the need for lengthy and costly bellwether trials. This settlement marks a crucial step in providing justice and compensation for those impacted by the recalled CPAP devices. However, these cases are often complex, and getting a court verdict might take an extended period. If you are facing financial distress while your case is ongoing, applying for a non-recourse CPAP lawsuit loan might be your best option.
How CPAP Lawsuit Loans Can Help
If you’re involved in a CPAP lawsuit, a pre-settlement loan can provide much-needed financial support during your ongoing legal battle. Here are some ways it can help:
Cover Medical Bills: CPAP lawsuit loans can help you pay for ongoing medical treatments, doctor visits, and necessary medications related to your CPAP device issues. This ensures that you receive the care you need without financial stress.
Handle Living Expenses: These settlement loans can cover your daily living costs, such as rent or mortgage payments, utilities, groceries, and other essential expenses. This financial support can help you maintain your standard of living while your case is being resolved.
Provide Financial Stability: CPAP lawsuit loans offer peace of mind by reducing financial stress during a challenging time. Knowing that you have financial support allows you to focus on your recovery and legal battle without worrying about money.
Improve Your Case: With the funds from a lawsuit loan, you can hire a better legal representative, gather crucial evidence, and cover costs associated with expert witnesses or investigations. This can significantly strengthen your case and increase the chances of a favorable outcome.
Bridge the Financial Gap:Lawsuit loans can provide you with immediate funds to bridge the financial gap between the time of injury and the eventual settlement or verdict. This helps you manage expenses and avoid debt during the lengthy legal process.
Enable Focus on Recovery: By alleviating financial worries, the CPAP legal funding allows you to concentrate fully on your health and legal case. You can prioritize your physical and emotional recovery without the added burden of financial stress.
Additionally, our CPAP lawsuit loans at High Rise Financial can give you the financial relief you need while you pursue justice and compensation for your injuries. With this, you can maintain stability and focus during this difficult time.
How to Apply for Our CPAP Lawsuit Loans
If you need financial support while your CPAP lawsuit is ongoing, here are the steps to apply for our CPAP pre-settlement loans:
Contact Us: Reach out to our team through the phone, text, or email to express your interest in getting legal funding.
Complete the Application: Fill out the application form on our website with your personal information and case details.
Submit Required Documents: Provide necessary documents related to your CPAP case, such as medical records and reports, and your attorney’s contact information.
Attorney Consultation: Our trusted experts will meet with your attorney to discuss your case details, its merits, prospects of winning, and the expected settlement amount.
Application Review and Approval: Our team will review your application and decide if you qualify. Once you are approved, you’ll receive your funds within 24 to 48 hours to cover your expenses.
Contact High Rise Financial for Affordable CPAP Lawsuit Loans Today!
Contact us at High Rise Financial today to apply for our CPAP lawsuit loans. Our dedicated experts can review your case, determine your eligibility, and guide you through the application process. Call our toll-free number at (866) 309-3505 today to apply. We are happy to serve CPAP claimants and personal injury victims in different states throughout the U.S.