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Defective drugs loans for Truvada lawsuits are now available for those seeking compensation for injuries they’ve suffered. Truvada, one of the first HIV medications, is linked to several severe side effects, including bone density loss and kidney damage. Plaintiffs are now seeking damages.
If you have or are planning to file a lawsuit against Gilead, the manufacturer of Truvada, legal funding could be of great assistance. With advance money from your lawsuit, you’ll be in a better financial position for a long legal fight. Find out if a defective drug loan for your Truvada lawsuit is right for you.
In This Article
How Legal Funding Can Help With Your Truvada Lawsuit
Gilead is the manufacturer of Truvada and is a multibillion-dollar pharmaceutical company. Often, a well-funded defendant will try to drag out a lawsuit and settlement negotiations in the hopes that plaintiffs accept a lower amount, abandon their case, or never even bother filing. Legal funding can help you defeat this strategy at no risk to your own finances.
You might face mounting expenses as your legal fight drags on. These can be especially burdensome if you’ve suffered a loss of income or had to change occupations due to your injuries from Truvada. A defective drug loan for your Truvada lawsuit can help with the following expenses:
- Medical bills
- Rent or mortgage payments
- Living expenses
- Groceries
Since you don’t have to worry about repaying your legal funding, you can spend it in any way you wish. Once you receive the money, it’s yours to use however you want with no strings attached.
How Does Legal Funding Work?
Legal funding is also known as a “lawsuit loan” because, technically, it’s a form of debt. However, unlike most mortgages, a credit card, or a personal loan, a lawsuit loan is considered a form of non-recourse debt. This means that your personal assets can’t be used as seized to repay it should you defaut.
Since legal funding is non-recourse, you don’t need to go through a credit check to receive any, either. All that matters when it comes to qualifying for legal funding is the quality of your case, with a stronger case more likely to win you more legal funding. This also means that if you lose your case, you won’t have to pay anything back, as repayment comes from the settlement.
Have There Been Any Truvada Settlements Yet?
There haven’t been any Truvada settlements yet. This means that it’s difficult to estimate how long it can take to receive a settlement or how large you can expect yours to be. After the first lawsuits against Gilead were filed on May 8, 2018, hundreds more have been filed, many as part of a class action lawsuit against the company.
As thousands of people may have been affected by Truvada and have already filed or plan to, the cases have been merged into a multidistrict lawsuit (MDL). These cases can involve thousands of people and involve information-sharing, which can streamline the trial process. They may end in settlement, but it can still take years to get to that point.
How Much Can You Expect from a Truvada Settlement Payout?
Given the lack of information about Truvada settlements, it’s difficult to say how big yours could be. However, it’s safe to say that the severity of your case can impact the size of your payout. As Gilead knew of the dangers of Truvada and prevented a safer alternative, TAF (tenofovir alafenamide fumarate), from reaching the market, you may have substantial injuries.
Some of the factors that can impact the amount of funding you’re likely to receive include the following:
- Lactic acidosis
- Various kidney injuries
- Chronic kidney disease
- Kidney damage
- Acute kidney injury (AKI)
- Acute renal failure
- Renal tubular acidosis
- Fanconi syndrome
- Bone mineral density
- History of bone breaks or fractures
Gilead’s line of HIV drugs are estimated to have brought in $18 billion in revenue for the company each year. Should the company decide to settle cases for far more than they are worth, at least in terms of medical damages, it would indicate there is evidence of malfeasance they don’t want to be discovered. This could substantially increase their liability.
Before you accept an early settlement, you could use a defective drug loan for your Truvada lawsuit to stay in the game and fight for the highest payout possible.
Get Legal Funding for Your Truvada Lawsuit Today
At High Rise Financial, we can offer you a defective drug loan for your Truvada lawsuit that can help you fight for the maximum value of your settlement. All our funding is non-recourse and comes at no risk to you. We’ve made our application process take just a few minutes to complete so that you can have money in your account within 24 hours.
Legal funding can transform your lawsuit into a one-sided fight into one where you’re on more even footing with the defense. We’ve worked to make it easy for our clients to get access to as much funding as they need with as little hassle as possible. Contact us today to get started on your application for legal funding.