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Pharmaceutical corporations often pay billions of dollars in lawsuit fines for malpractice. However, such lawsuits can take years and be costly with proper lawsuit funding.
Hence why, High Rise Financial offers New Jersey defective drugs and medical device lawsuit loans to support you financially throughout the process and ensure your legal funding is taken care of.
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What is New Jersey Defective Drugs and Medical Device Lawsuit Loans?
Defective drug and medical device lawsuits can be complex, often lasting for years. During this, plaintiffs may face significant financial strain due to their injuries, especially without any settlement funding.
Our settlement loans, or pre-settlement funding, offer a solution by providing cash upfront. These lawsuit loans are non-recourse, which means that plaintiffs are only required to repay the lawsuit loan if they receive a settlement. If the case is unsuccessful, the plaintiff is not obligated to repay the settlement loan, making lawsuit loans a relatively low-risk option. Our settlement loans will strengthen your claim in injury cases against these defective drugs or medical devices:
Difference Between Traditional Loan vs Defective Drug and Medical Device Settlement Funding
Unlike settlement loans, traditional bank loans are typically used for personal or business purposes. Lawsuit loans are specifically designed to provide cash to plaintiffs involved in lawsuits.
Banks usually require collateral, such as property or professional equipment, to secure loans. This is not the case for a settlement loan. Presettlement funding is secured by the potential judgment of the lawsuit itself.
Benefits of New Jersey Defective Drugs and Medical Device Pre-Settlement Loans
Here are a few reasons why you should rely on New Jersey defective drugs and medical device lawsuit loans during your legal process:
- No credit check for lawsuit funding: As lawsuit loan providers, we typically do not conduct checks on the borrower since the lawsuit outcome secures the settlement loan. Instead, we analyze the merits of the legal case to evaluate pre-settlement loan applications. This allows us to offer pre settlement funding to individuals from all financial backgrounds.
- Convenient repayment of the lawsuit loan: Lawsuit loans do not require monthly payments. Instead, the settlement loan and the fees are repaid from the settlement if the plaintiff wins the case. Our pre settlement funding provides a crucial safety net for plaintiffs in case of an unfavorable outcome.
- Easy access to justice via settlement loans: New Jersey defective drugs and medical device lawsuit loans enable individuals to pursue their legal claims effectively. Without the need for upfront repayments of the lawsuit loan or the risk of debt during the process, plaintiffs can level the playing field against well-funded defendants.
New Jersey Defective Drugs and Medical Device Lawsuit Loans: Empowering Plaintiffs Seeking Justice
High Rise Financial offers support through their New Jersey defective drugs and medical device pre-settlement loans. This assists in lengthy legal battles without fear of financial strain. Our presettlement funding empowers individuals to seek justice against pharmaceutical malpractice. If you require financial support during your legal journey, explore the pre settlement loans provided by High Rise Financial.