Legal Funding for Opioid Lawsuit Plaintiffs

Staff Writer | August 27th, 2019

The opioid epidemic has had a devastating effect on countless Americans, many of whom have filed lawsuits against the drug makers and distributors seeking damages for the harm that has been caused. There are at least 1,500 opioid lawsuits in federal courts, brought on behalf of individuals, babies born addicted to opioids, infants suffering other effects of neonatal abstinence syndrome (which babies whose mothers take opioids while pregnant can develop), and even cities and counties.

If these cases are resolved in favor of the plaintiffs, those negatively affected by opioids and opioid addiction could receive compensation for related medical and healthcare bills, wages lost from work, and more.

But court cases are often very lengthy. It can take months and even years for lawsuits to fully resolve. In the case of opioid lawsuits, the high number of cases and their contentious nature may leave plaintiffs waiting for many years before they receive adequate compensation for their losses.

Financial Help During the Legal Process

If you or a loved one is a plaintiff in an opioid lawsuit, you may be facing serious economic challenges. Doctor’s offices, treatment centers, and hospitals won’t always wait for bills to be paid. Opioid addiction can make obtaining and keeping a job difficult, meaning that income could be minimal or erratic. You or your child could need treatment for addiction or NAS symptoms that just can’t wait – or, if you can’t swing the treatment financially, you could be in peril of becoming addicted again or leaving symptoms untreated.

Going without sufficient income can be dangerous to your health and well-being. But that’s not all it threatens. In court cases, defendants often present a first offer that is lower than what it should be. They’re negotiating, hoping that a low-ball offer will be accepted. If you really need the money for food, shelter, and bills – not to mention treatment — you may be tempted to leap at the first offer.

If you feel more economically secure, however, you are more apt to feel that you can wait and see what the second, third, and even fourth offers will be. They will almost always be higher. You can be leaving money on the table if you take the first offer.

There is a potential solution. It’s called legal funding, or pre-settlement funding. While legal funding may not be for everyone, it can help people who are having financial difficulty because of a lengthy court case.

Funding for Your Opioid Lawsuit

These loans for lawsuit plaintiffs can give you the money for medical treatment, past medical and hospital bills, rent or mortgage, groceries, and transportation. The funds can be used for any reasonable expense.

Legal loans are not the same as a bank personal loan. They are termed “nonrecourse loans,” meaning they are more like cash advances than a traditional loan.

If your opioid suit is successful, you will pay off your legal loan at a reasonable rate of interest.

If it’s not successful – if the court decides in favor of the defendant(s) – you will never have to pay anything. Hard as it may be to believe, you won’t owe a cent if the lawsuit doesn’t go in your favor.

A legal loan application can be approved within 24 hours. There is no required credit check. There are never any hidden costs: Legal funding serves as a cash advance on potential future settlements in your opioid court case. We provide the lowest rates in the industry. Call today to learn more!

Additional Resources:

  1. Hoffman, Jan. Opioid Lawsuits Are Headed to Trial. Here’s Why the Stakes Are Getting Uglier. New York Times. January 30, 2019.
  2. Mulvihill, Geoff. Babies born in withdrawal new complication in opioid cases. Medical Xpress. November 29, 2018.