Defective drugs loans for Xarelto lawsuits, also known as settlement funding, are now available for plaintiffs of the class-action lawsuit against the drug’s manufacturers, Bayer A.G. and Johnson & Johnson. Legal funding comes with no risk to your finances.
Class action lawsuits can take years to resolve, but legal funding can get you money from your class action now. This can make it easier to fight for the full value of your settlement, especially when you’re facing multi-billion dollar drug companies. Find out if legal funding is right for you.
In This Article
What Is Xarelto?
Xarelto, also known as rivaroxaban, was approved by the FDA in 2011 as an improved alternative to warfarin, an anticoagulant. Warfarin has been used to treat blood clots for decades, particularly deep-vein thrombosis (DVT), which can kill victims instantly. However, warfarin requires patients to be continuously monitored, which can be a burden on them.
Jannsen Pharmaceutica, a derivative of Johnson & Johnson, along with Bayer A.G. marketed Xarelto as a blood thinner that didn’t require patients to be constantly monitored. This advantage was highlighted and used to drive sales. Many people who needed blood thinners and wanted more autonomy chose Xarelto over the traditional warfarin.
Why Is There a Xarelto Class Action Lawsuit?
Unfortunately, many people who took Xarelto were injured by the drug. Instead of preventing strokes, Xarelto caused many serious and life-altering injuries in users. Victims of Xarelto have suffered from the following side effects:
- Irreversible intestinal bleeding
- Brain hemorrhages
- Rectal bleeding
- Wrongful death
Xarelto is so dangerous because there is no antidote that can be used to reverse its blood thinning effects. That leaves users open to experiencing a wide range of adverse side-effects from Xarelto, some of which may be life threatening. In the end, the New England Journal of Medicine found that Xarelto was no more effective at stopping blood clots than warfarin.
How Can Xarelto Pre-Settlement Funding Help You?
A Xarelto lawsuit can take years to settle, which means you won’t see your money from the settlement for a long time. Expenses such as medical bills, rent, mortgage payments, and everyday living expenses can take a toll on your finances. With legal funding, you can avoid this pressure and receive some of your settlement now.
In cases like this, where there’s a well-capitalized defendant who can afford to drag a case out, they often will. They do this in the hopes of pressuring the plaintiffs, who tend to have far fewer resources at their disposal, to accept a lower settlement or never even pursue a case to begin with. You can resist these tactics by taking advantage of legal funding today.
How Does Xarelto Pre-Settlement Funding Work?
Xarelto pre-settlement funding can provide you with some much-needed financial breathing space by giving you money from your settlement now. Despite their name, you don’t technically need to repay legal funding, at least not with your money. The IRS classifies legal funding as a type of non-recourse debt, meaning your settlement, not your personal assets, are used as collateral.
As a nonrecourse debt, your personal assets can’t be seized for repayment of your pre-settlement funding, which makes it effectively risk-free for you. Should you win your settlement, you’ll repay the amount you borrowed and, with a reputable legal funding company, a small amount of interest. However, if you lose your case, you won’t have to repay your legal funding.
Apply for a Lawsuit Loan Alternative for Your Xarelto Lawsuit Today
High Rise Financial can offer you up to $1 million in legal funding for your pending Xarelto lawsuit. Our application process is fast and easy, and you could be approved within hours. We can send the money to your bank account within just 24 hours of your application’s approval.
Our legal funding comes with low, simple interest and no hidden fees, which means you can take home more of your settlement. We serve clients across the United States and have the financial resources to support your fight for justice. Contact us today and you could be approved for funding and receive it in your bank account in just a few hours!