Stryker Hip Replacement Settlement Funding: a Risk Free Cash Advance

Steve Cid | July 15th, 2014

hip replacement settlement fundingA proactive Superior Court Judge in Bergen County, New Jersey has ordered attorneys in the ongoing Stryker Rejuvenate and ABG II modular hip systems product liability litigation to submit to a mediation program in an attempt to resolve at least some of the many Stryker hip cases before going to trial.

There are currently more than 1,500 product liability complaints pending in New Jersey state court involving the Stryker Rejuvenate and ABG II modular hip systems, and another 1,000 lawsuits have also been filed in U.S. District Courts throughout the country.

Mediation program starting well but process painfully slow for Stryker victims

The results of the mediation program to date have been excellent with seventeen out of eighteen cases in the program reaching a settlement with three more cases scheduled for this month. Given the early success in achieving resolution before trial settling Stryker claims, Judge Martinotti is expected to select an additional ten cases next month for the mediation program.

Although the program is doing well, it’s targeted at only a tiny fraction of the existing caseload. If it proves to help facilitate a larger group of settlements, it will prove to be a boon to Stryker victims, but for now, the pace is excruciatingly slow for those who are suffering from debilitating injuries from Stryker hip replacement systems.

Stryker hip replacement settlement funding

If you are a plaintiff in hip replacement litigation, you’re likely suffering both physically and financially. Expenses for medical care, prescription drugs, and therapies, and time away from work, continue to drain your hard earned savings and destroy any sense of financial security you may have once had.

The case against Stryker is strong as indicated by the early results in the Stryker mediation program, and it’s likely the plaintiffs will eventually receive a jury award or settlement that will provide compensation for their suffering. However, the legal system may be moving too slowly to keep their families solvent.

A Stryker hip settlement loan can remove some of that stress as your case makes its way through litigation. It can provide you with a cash advance, which you are under no obligation to repay unless you settle or win your case.

There is no risk to you for accepting this funding. Since the advances are considered “non-recourse” funding, LawStreet Capital takes all the risk. If you lose your case, you owe absolutely nothing. If you’re successful, consider your hip replacement settlement funding an advance on your winnings.

Settlement loans help after you’ve won your case

Even after a lawsuit settlement has been reached it takes time, sometimes months or years, to receive your settlement. The same medical bills, mortgage payments, and daily living expenses continue to devastate your home life, especially in cases when you’re unable to work, until your settlement is paid.

Instead of waiting months for your settlement funds to be released, we’ll provide a cash advance to you quickly – usually within one day of receiving your application with no hidden fees, upfront expenses, or risks to you. You can use the cash right away for whatever you need to give yourself much deserved financial relief.

If you’re in the middle of a hip replacement lawsuit or it has already been settled, apply for settlement funding today with LawStreet Capital. We have some of the lowest rates in the industry, and charge you nothing to apply. Don’t wait for help. Fill out the online application or call toll-free 888-560-3717.