Plaintiffs Seeking Transvaginal Mesh Settlement Loans

Katarina Siegfeld | May 20th, 2014

Transvaginal Mesh Settlement Loans - Bard Avaulta Case SettlesTens of thousands of women have filed complaints against the makers of transvaginal mesh devices and many have begun to see substantial settlements or jury awards in their favor. Most recently, the third bellwether case in the multidistrict litigation (MDL) against C.R. Bard, makers of the Avaulta brand of mesh implants, has ended in a settlement, with the company agreeing to pay the plaintiff an undisclosed amount. The first lawsuit against Bard ended in a $2 million jury award for the plaintiff in July of 2013, whereas the second plaintiff also settled for an undisclosed amount in August of the same year.

Transvaginal mesh lawsuit funding available

While these positive outcomes bode well for the future of transvaginal mesh litigation, there’s no telling how long it could take for cases to reach resolution. Deep-pocketed medical device companies may keep lawsuits held up in the court system, delaying payouts to plaintiffs for months or even years. As a result of this delay, many plaintiffs and their families may be worried about staying financially afloat, as medical bills add up, and wages are lost due to missed work.

Transvaginal mesh plaintiffs continue to encounter numerous hurdles as they head towards resolution. With over 7000 total Bard Avaulta lawsuits, it will take time to process all of the complaints; a second wave of 200 Bard Avaulta lawsuits is not scheduled to come to trial until January of 2015.

There are close to 60,000 total transvaginal mesh cases against various manufacturers. Plaintiffs who are concerned about their financial viability during a case should be aware that transvaginal mesh lawsuit funding is available from industry leader LawStreet Capital.

Bard Avaulta settlement loan

Plaintiffs have filed complaints regarding several brands of transvaginal (or pelvic) mesh, which is used to treat pelvic organ prolapse (POP) or stress urinary incontinence (SUI). Women have experienced serious complications, such as mesh erosion and organ puncture. The problems are severe enough that the FDA issued a warning about the devices in 2011.

Adding to the physical distress that these women have experienced are the many kinds of financial and personal difficulties that accompany a serious medical issue:

  • Mounting medical bills
  • Ongoing treatments
  • Multiple revision surgeries
  • Lost wages and earning potential
  • Loss of consortium and other relational issues
  • Pain, suffering, and emotional distress

Enduring physical distress while worrying about when a settlement or jury verdict will finally be secured is a heavy burden that victims of transvaginal mesh are all too used to..

Fortunately, transvaginal mesh lawsuit funding is available in the form of a Bard Avaulta settlement loan. Plaintiffs can consider a “pre-settlement loan,” a cash allowance that helps plaintiffs pay their bills prior to settlement.

The term “loan” is a really a misnomer: a pre-settlement loan is more like a cash advance that does not have to be paid if a case is not successful. A post-settlement loan may also be available to provide funds after a settlement is reached, but before it is dispersed.

Contact LawStreet Capital for assistance

Customer representatives at LawStreet Capital can discuss transvaginal mesh lawsuit funding options with plaintiffs in a free and confidential consultation. Call 1-866-FUND-662 for answers to any questions you have about financial help available to you and for assistance in filing an application.

Resources:

  1. FDA, FDA Safety Communication: UPDATE on Serious Complications Associated with Transvaginal Placement of Surgical Mesh for Pelvic Organ Prolapse http://www.fda.gov/MedicalDevices/Safety/AlertsandNotices/ucm262435.htm
  2. FDA, Urogynecologic Surgical Mesh: Update on the Safety and Effectiveness of Transvaginal Placement for Pelvic Organ Prolapse, http://www.fda.gov/downloads/MedicalDevices/Safety/AlertsandNotices/UCM262760.pdf
  3. NY Times, Women Sue Over Device to Stop Urine Leaks, http://www.nytimes.com/2009/05/05/health/05tape.html?_r=1&
  4. WVSD, US Courts, MDL 2187 C. R. Bard, Inc., Pelvic Repair System Products Liability Litigation Honorable Joseph R. Goodwin United States District Court Southern District of West Virginia, http://www.wvsd.uscourts.gov/MDL/2187/Bellwether_Trials.html