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A hernia mesh failure can result in serious injuries, chronic pain, hospitalization, loss of income, and other severe complications. In addition, these defective medical devices can cause great disruption to your life or put you in financial hardship. Essentially, individuals who have suffered hernia mesh injuries may file a personal injury or product liability lawsuit against hernia mesh manufacturers such as C.R. Bard (now part of Beckton Dickinson), Ethicon (a Johnson & Johnson subsidiary), Covidien, or Atrium Medical Corp.
However, getting a verdict for legal action about hernia mesh complications, injuries, or failure can be complex and take an extended period to settle. Thankfully, plaintiffs who have been injured by their hernia mesh devices may now qualify for pre-settlement funding as they await the outcome of their personal injury lawsuit. Legal funding, also known as a settlement loan or a lawsuit loan, can provide you with the money you need to pay for your medical expenses and get additional surgery as you fight for a fair settlement.
At High Rise Financial, we are committed to providing affordable hernia mesh lawsuit loans. Our legal funding carries no risks and can give you access to the cash advance from your settlement now when you need it most. Unlike other forms of financing, personal loans or bank loans, it comes with low interest rates and flat fees. Also, it is non-recourse and carries no obligation to repay it if you lose your case.
How Does Legal Funding Work?
Legal funding works differently than a traditional loan. It is another favorable financing option that hernia mesh injury victims may turn to as they await their fair settlement. Essentially, a traditional loan requires repayment, which may come from the borrower’s personal assets. Conversely, pre-settlement funding is classified by the IRS as a form of non-recourse loan. This means that only the borrower’s settlement can be used to repay it.
Furthermore, since it is a non-recourse settlement loan, you won’t need to repay anything if you lose your case. This can provide more security to borrowers than a traditional loan, which must be repaid regardless of the outcome of a case. Your hernia mesh lawyer can enlighten you more about how legal funding works and the average payout for your case.
What is the Average Payout for a Hernia Mesh Lawsuit?
The highest-quality surgical mesh lawsuit cases can pay out anywhere from $250,000 to $1 million, but the hernia mesh settlement amounts you may qualify for will depend on your particular circumstances. Participants in hernia mesh class action lawsuits may receive less than this amount but may still qualify for legal funding. The following factors can impact the amount of money you may receive from your surgical mesh injury settlement:
- The severity of injuries: A person with more severe injuries from their surgical mesh is likely to receive a higher payout than someone with relatively minor injuries. For instance, if the defective mesh caused a hernia recurrence, scar tissues, organ perforation, nerve damage, permanent injuries, internal injuries, or damage to the abdominal wall and internal organs.
- Size of medical bills: You can expect a higher payout if you’ve faced high medical bills from hospitalizations, ventral hernia repair surgery, and medications due to your hernia mesh injury.
- Type of hernia mesh implant: Was your surgical mesh device recalled by the manufacturer or the FDA as a defective product? If so, you could expect a higher payout than if yours wasn’t.
- Lost wages and future earnings: How much of your income was lost as a result of your hernia mesh? If you’ve suffered a substantial loss of income or have had to change employment due to your injury, you may qualify for a substantial hernia mesh settlement.
- Quality of life: What impact has your surgical mesh injury had on your quality of life? What additional expenses have you had to bear as a result of your injury? These factors can also impact the size of your potential settlement.
As of December 2024, there are still over 26,242 hernia mesh lawsuits pending in four separate MDL (multidistrict litigations). The fourth Bellwether Trial is still ongoing in district court in Rhode Island and federal courts for patients who experienced chronic pain after the inguinal hernia repair surgery, among other complications, from the defective medical devices. Thousands of hernia mesh victims are seeking financial compensation for medical bills, emotional distress, cost of hernia surgery, punitive damages, and more.
At High Rise Financial, we have funded many of these cases involving surgical meshes. Our experts can easily determine your likely award based on the specifics of your case. Find out today if a nonrecourse pre-settlement loan from us is right for you.
Who Is Eligible for Hernia Mesh Legal Funding?
It’s typically much easier to obtain hernia mesh lawsuit funding than it is to qualify for a traditional loan. This alone can make it more attractive to those who need some extra cash to pay for their expenses. You may be eligible to obtain legal funding for a hernia mesh litigation under the following conditions:
- You suffered an injury, such as bowel obstruction, mesh migration, severe pain, organ damage, or other severe complications due to defective hernia mesh products.
- You are party to a hernia mesh injury lawsuit.
- You have an experienced hernia mesh attorney handling your hernia mesh lawsuit settlement case.
- Your personal injury lawyer approves of your legal funding.
That’s it, all you need in order to qualify for hernia mesh legal funding is to have a lawyer and be part of an ongoing injury case or legal battle. Unlike other forms of funding, there is no credit check, and you don’t need to have a certain amount of assets. However, your lawyer must be willing to receive your legal funding, as it’s part of their payment, or we won’t be able to fund your case. Learn more about Hernia Mesh Claim here.
Here are just a few of the states we cover
Apply for Hernia Mesh Legal Funding Today
If you’re waiting on a settlement for your hernia mesh surgery injury, then High Rise Funding can help. Applying takes just a few minutes, and the approval process is quick. Fill out the online form and submit your application. If you are approved, you can have the money in your bank account within a day.
We know what it’s like to fight for justice, and the legal process can be complex, especially with the cards stacked against you. Our funding comes with easy repayment terms, including low, simple interest rates, leaving you more settlement to take home. Contact us today, and we will provide you with the loans on settlement you need to achieve financial relief, fight for your rights, and recover your maximum settlement.
To learn more about hernia mesh lawsuits, see the following FAQs: