Because of state regulations, funding can only be provided if the advance is over $75,000 in Colorado.
Colorado defective drugs pre-settlement funding can provide cash now from your case, using a portion of your future settlement as the source of repayment. You do not make monthly payments, and if your case does not result in a recovery, you owe us nothing.
Pegasus Legal Capital explains below how non-recourse funding differs from a bank loan and how it may help you stay current on rent, medical care, and daily expenses while your lawyer presses your defective drug claim.
Bills donāt wait, and neither should you. See if your case qualifies for personal injury pre-settlement funding in Colorado by contacting our case evaluators.
What Pre-Settlement Funding Means For Colorado Defective Drug Claims
Pre-settlement funding in Colorado is a non-recourse cash advance tied to the future value of your lawsuit. It is not a bank loan and does not depend on your credit, employment history, or personal assets. We review the strength of your defective drug claim and advance a portion of the expected case value.
In defective drug litigation, defendants often include large pharmaceutical companies and distributors. These cases can require medical experts, lengthy discovery, and bellwether trials when claims are part of multidistrict litigation. That timeline can strain your budget. Funding can help you cover costs while your attorney builds your case for the best possible result.
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Why Colorado Plaintiffs Seek Funding During Pharmaceutical Litigation
Many clients come to us after an adverse drug reaction or a recall disrupts their health, job, and family routine. Missed work, co-pays, out-of-pocket treatment, and pharmacy expenses add up quickly.
Common reasons Coloradans request funding during a defective drug lawsuit include:
- Paying rent or mortgage while out of work or working reduced hours
- Keeping up with utilities, groceries, and transportation
- Covering co-pays, deductibles, or specialist visits
- Paying for therapy, rehab, or medical equipment
- Managing childcare during treatment and appointments
- Avoiding high-interest credit cards or payday loans
When cash pressure eases, you and your lawyer can focus on the case rather than a fast settlement that leaves value on the table.
How Our Colorado Non-Recourse Funding Works
Our process is designed to be simple for you and cooperative for your attorney. You do not have to visit a branch or complete lengthy credit applications. We communicate directly with your lawyer so your case work keeps moving with minimal disruption.
After you submit your information, we consult your attorney, review the claim file, and evaluate the likely case value and timing.
Documents We Request From Your Attorney
Once your attorney has a moment to share documents, we typically review:
- The signed attorney retainer and complaint or short-form complaint (if in MDL)
- Pharmacy records and proof of use (receipts, labels, prescribing history)
- Medical records tying injuries to the drug (diagnoses, labs, hospitalizations)
- Case memos on liability theory, defendants, and recall or warning history
- Settlement posture, liens, and insurance information, if available
You will not be asked to produce financial statements, and your credit score is not part of our decision.
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Eligibility For Defective Drug Lawsuit Pre-Settlement Funding in Colorado
You may be eligible if:
- You have a pending defective drug claim in Colorado state court, federal court, or an MDL tied to a Colorado resident
- You are represented by a contingency-fee attorney
- Your medical records and pharmacy history support product use and injury
- The case has identifiable defendants and a viable liability theory
We fund individual cases and cases that are part of larger proceedings. If your case is early, we can still review it; we will work with your attorney to understand the status and evidence.
Your pre-settlement funding consultation is free ā contact us today!
Costs, Rates, and Consumer Protections For Colorado Plaintiffs
Pre-settlement funding for defective drugs cases in Colorado is structured as a non-recourse purchase of a portion of your future recovery. Pricing usually accrues over time, often as a simple monthly rate or in set tiers. There are no monthly payments. Repayment comes only from your settlement or judgment.
Colorado consumers typically receive clear written disclosures in plain language. Your contract will state:
- The funded amount and the maximum amount due
- How charges accrue over time and any caps
- Itemized fees, if any
- Your right to cancel within a short period after signing (when offered)
- Confirmation that you owe nothing if you do not recover
We put every material term in writing and coordinate directly with your attorney so questions are answered before you sign. If you would like a sample contract to review with your lawyer, ask us, and we will provide it.
How to Apply For Colorado Defective Drugs Funding
Applying is straightforward and can be completed online in minutes. We handle the back-and-forth with your lawyer so you can focus on your health.
Here is the typical path from request to funding:
- You submit a short form with your contact information and attorney details
- We connect with your lawyer to request case documents
- Our team reviews liability, causation, damages, and likely case value
- We send you a written offer with pricing and a proposed funded amount
- You and your attorney review and sign the agreement electronically
- Funds are sent, often the same day the contract is finalized
Most approvals depend on attorney cooperation and the availability of records. If documents are ready, decisions can move quickly. If your case is still developing, we can revisit your file when new records arrive.
How Non-Recourse Funding Differs From a Loan in Colorado
Traditional loans are based on credit and require monthly payments. If you lose your case, the bank still expects repayment. Non-recourse funding is different: your legal claim is the only source of repayment, and you owe nothing if there is no recovery.
This structure aligns with the realities of litigation. It gives you breathing room during a long case and avoids the stress of bills tied to personal credit. Your attorneyās approval is required because repayment comes through the settlement disbursement at the end of the case.
Talk With Us About Colorado Defective Drugs Pre-Settlement Funding
If a dangerous medication has affected your health and income, we can help you bridge the gap while your lawsuit moves forward. Reach out to us to discuss Colorado defective drugs pre-settlement funding options, get a written quote, and review terms with your attorney.
Your pre-settlement funding consultation is free ā contact us today!