The value of a defective drug lawsuit will vary depending upon numerous factors, including the extent of the damage done by the defective medication. Some people may receive only a few thousand dollars, while others could receive millions based on the severity of their losses.
Regardless of the value of a defective drug lawsuit, you can expect to wait a significant amount of time to get compensation for any of your losses through the legal system. While you wait for your case to progress, you may experience financial pressures.
In this situation, you can rely on defective drugs pre-settlement funding to get help covering your medical bills, legal fees, and other expenses.
How Much Is Your Defective Drugs Lawsuit Worth?
An attorney will need to review your situation to give you information about how much your defective drugs lawsuit is worth. Everyone who sustains injuries due to a defective medication faces different levels of losses, which require careful legal consideration.
Attorneys aim to bring their clients enough compensation to fully cover all of their economic and non-economic losses, which could include:
- Medical expenses
- Lost wages
- Pain and emotional distress
- Mental suffering
You should always reach out to a legal professional for help determining the value of your claim and discussing the steps you need to take to get the funds you need to make a full financial recovery.
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Resolving a Defective Drugs Lawsuit Takes Time
Regardless of the final value of your defective drugs lawsuit, you should expect the legal process to take a significant amount of time. Filing a lawsuit against a big drug manufacturer and fighting for compensation in court could take months or even years.
You will only get compensation for the losses you sustained due to a defective medication after the resolution of your claim. Before the conclusion of your lawsuit, you will have to manage the financial burdens you face after an accident in another way.
You Can Apply for Pre-Settlement Funding for a Defective Drug Lawsuit
You do not have to wait for the resolution of your defective drug lawsuit to get assistance with the financial burdens placed upon you. Instead, you can apply for personal injury pre-settlement funding to quickly get money that you can use to address your monetary concerns.
Pre-settlement funding can provide you with a non-recourse cash advance against your eventual legal verdict or settlement. You won’t have to pay back any of the cash you receive until the resolution of your claim, and you don’t have to return any of the money if your lawyer cannot win your case.
How to Get Pre-Settlement Funding
You can apply for pre–settlement funding easily. In many cases, you can complete the application process online or over the phone. Pre-settlement funding companies require information about your legal claim and contact information for your attorney before they can make a funding decision.
You will not have to go through a credit check or deal with prying into your finances when you apply for a non-recourse cash advance. The amount of funding that you receive will depend totally on the strength of your defective drugs claim.
How You Can Use Defective Drug Pre-Settlement Funding
You can use pre-settlement funding for your defective drug claim to cover any financial pressures you experience after an accident involving dangerous medications. For example, you could use this funding to pay for your:
- Legal fees
- Medical bills
- Utility bills and other monthly costs
- Day-to-day expenses
You do not have to explain or justify your usage of these funds, and you’ll only have to pay back the money you receive when your attorney wins your claim.
How Much Pre-Settlement Funding Can You Get?
The funding available to you as you pursue a defective drug claim will vary, depending primarily on the estimated value of your claim.
Because so much depends on your potential level of compensation, a non-recourse funding company will need to speak to your attorney before providing you with a cash advance.
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Talk to Us About Getting Funding During a Defective Drugs Lawsuit
So, how much is a defective drug lawsuit worth? The value of these lawsuits varies on a case-by-case basis, so you should always consult with an attorney to determine how much compensation you could qualify to receive.
While your attorney handles your legal claim, you can reach out to our team at Pegasus Legal Capital to get the funding you need to handle your expenses during the legal process.
We’re here and ready to offer the money necessary to cover your medical bills, lawyer fees, and other expenses, relieving the financial burdens on your shoulders.
We’ve helped over 15,000 clients and provided over $500 million in pre-settlement funding. You can reach out to us to learn more about the non-recourse cash advances we offer, and we’ll quickly answer any questions you have about the application process.
Your pre-settlement funding consultation is free — contact us today!