Defective drugs loans for Prilosec lawsuits are now available if you’ve been injured by this medication. Released in 1989 by AstraZeneca, Prilosec was marketed for reducing stomach acid. However, it has been linked to diseases such as kidney failure and bone fractures.
If you’re facing health issues related to your use of Prilosec, you may qualify for legal funding. You can borrow against your future settlement to get the financial resources you need to fight for justice. FInd out today if pre-settlement funding is the right option for you.
In This Article
What Are the Dangers of Prilosec?
Prilosec is a type of medication that is known as a proton pump inhibitor (PPI). Prilosec functions by reducing the amount of stomach acid produced in the gut. Those that take prilosec can experience benefits such as reduced heartburn, indigestion, and coughing related to gastroesophageal reflux disease (GERD).
However, as Prilosec has been on the market, several problems have been associated with it. Those that take Prilosec over an extended period may experience some of the following health issues, particularly if they’re over 50:
- Renal failure
- Bone fractures
- Acute kidney injury
- Increased risk of stroke
- Heart damage
Over 10,000 people have opened lawsuits against PPI manufacturers, wth many alleging that these companies knew of the long-term health risks associated with their products but didn’t warn users of them. However, a legal lawsuit against a drug manufacturer is time-consuming and expensive. With a defective drug loan for your Prilosec lawsuit, you can get the money you need to fight.
How Do Defective Drugs Loans Work?
Defective drugs loans, also known as a lawsuit loan, legal funding, or pre-settlement legal funding, is a type of financing available to you when fighting for your settlement. Unlike other types of debt you might take on, legal funding is considered by the IRS to be a form of non-recourse debt. This means that your personal assets can’t be taken as repayment.
Since your personal assets are safe from seizure with a non-recourse debt, they can’t be used as collateral. In this case, your settlement acts as collateral against which you can borrow now. This also means that should you lose your case, you won’t owe anything and can keep whatever money you received as your own.
What Expenses Can a Defective Drugs Loan Cover?
Defective drugs loans for Prilosec cases can cover a wide variety of expenses you might face during your fight for your settlement. In fact, there are no restrictions on what expenses you can cover with this money. Plaintiffs use their legal funding to pay for expenses such as :
- Mortgage or rent
- Childcare expenses
- Car payments
- Groceries and utilities
- Travel and entertainment
Once you receive your legal funding, it’s yours to use in whatever ways you see as best. You don’t have to worry about repaying it with your own money, since any repayment will come from your settlement alone. If there is no settlement, the legal funding company absorbs the losses and you don’t have to pay them back.
Do You Qualify for Defective Drugs Loans for a Prilosec Lawsuit?
It’s easy to qualify for defective drugs loans in Prilosec lawsuits. And if you’re planning on filing a lawsuit for an injury you believe you sustained, it’s likely that you already qualify. Since defective drugs loans can’t be repaid with your personal assets, you don’t need to pass any certain income levels or a credit check. All that matters for qualifying are that:
- You’ve retained a contingency-based lawyer
- You have filed a lawsuit
Once you’ve filed your lawsuit, you could qualify for and receive your money in a day or less. That’s critical if you’re facing pressing expenses that need to be taken care of now. As defective drugs loans carry no risks for the borrower, you can rest easy knowing that a lawsuit loan can cover whatever expenses you have coming up and will be taken care of by your final settlement.
How Much in Defective Drugs Loans Can You Receive?
Most plaintiffs can only receive up to 15 to 20% of the expected value of their settlement with a defective drugs loan. This protects the plaintiff and the legal funding company from excessive risk. With higher amounts borrowed, a plaintiff could lose their entire settlement due to interest, while a legal funding company could lose their investment.
However, if you have a strong need for more legal funding, it is possible to sell out your whole settlement for an advance payment. Such a move typically requires more negotiation with a legal funding company than that required for legal funding. Should you opt for a settlement buyout, you won’t have anything left to take home once your case is settled.
Apply for a Defective Drugs Loan for Your Prilosec Lawsuit Today
High Rise Financial can provide you with the defective drugs loan for your Prilosec lawsuit that can help you fight for and win your settlement. We can provide you with up to $1 million which can be delivered directly to your bank account within 24 hours of your application’s approval. Our funding carries no risk to you and doesn’t have to be repaid should you lose your case.
A lawsuit against a drug company can take years to work its way through courts or to settle. Don’t let a lack of financial resources cause you to accept less than you deserve. With our help, you can fight for the full value of your settlement and every bit of justice you deserve. Contact us today.