If you were prescribed a fluoroquinolone antibiotic such as Cipro, Levaquin, or Avelox and suffered a heart injury or damage to nerves and tendons, you already know that you can seek compensation for the expenses and quality-of-life impacts of your injury. What you might not have realized when your claim was filed, however, was how cases like these can take to settle. How should you pay your bills and deal with the other expenses while you wait for your settlement?
Fluoroquinolones lawsuit loans from Silver Dollar Financial are a fast way to receive the money you need without undergoing the extensive financial verification and credit-check process of a traditional loan.
What Are Fluoroquinolones Lawsuit Loans?
Pre-settlement funding is a type of fluoroquinolones lawsuit loan that you can obtain through Silver Dollar Financial. Unlike other types of personal loans, pre-settlement funding is repaid when you receive your settlement, removing the need for:
- Credit checks
- Proof of income
- Payment plans
- The risk of damaging your credit if your circumstances change and you are unable to make your payments
The Criteria for Obtaining Pre-Settlement Funding
In order to obtain pre-settlement funding, you need only to show that you have filed a fluoroquinolone lawsuit, you have attorney representation, and your case is in settlement negotiations with a high likelihood of resulting in a favorable outcome. You must also provide to Silver Dollar Financial the following information:
- Basic information about yourself and your case
- The name and contact information of your attorney
- How much money you need – you can request up to $100,000
Does It Matter Who the Defendant Is in My Case?
According to Drugwatch, the manufacturers of fluoroquinolone antibiotics such as Cipro, Levaquin, and Avelox have been the subject of most of the lawsuits regarding these drugs. These manufacturers include Bayer, Johnson & Johnson, and Merck & Co. Distributors of these antibiotics, including McKesson Corporation and Schering Corporation. While these are generally the names associated with this type of action, if your case is against another manufacturer or distributor, we will consider the information about the merits of your case as provided by you and your attorney.
The Process of Applying for Pre-Settlement Funding
The application process for obtaining pre-settlement funding from Silver Dollar Financial consists of the following steps:
- Apply for funding through our fast, easy, and free online application process.
- We review your application and speak with your attorney about your claim.
- We notify you about our decision on your funding, generally within 24 hours.
What Can the Money be Used for?
What you use your pre-settlement funding for is completely up to you, and Silver Dollar Financial will not require you to provide receipts or other proof of what the funds were used for. In fact, you don’t even have to spend the money at all — many people obtain pre-settlement funds “just in case” and put the money in their bank account to use if a need arises.
Other common uses of pre-settlement funds include:
- Living expenses, such as rent and utilities
- Unexpected expenses, such as vehicle repair
- Covering the costs of going back to school
- Medical expenses
- Household improvements that are necessary in order to accommodate your injury
The Benefits of Pre-Settlement Funding Over Traditional Loans
According to Experian, personal loans can usually be obtained within a matter of days from banks and credit unions. However, your ability to obtain the loan depends on your credit score, as well as your ability to prove that you have a source of income that will allow you the ability to repay the loan. Pre-settlement funding from Silver Dollar Financial does not require a credit check or proof of current income.
Additionally, because pre-settlement funding is repaid from your settlement, you do not have to worry about the impact that making monthly loan payments for many months or years will have on your future finances. Further, legal funding is considered non-recourse. What this means is that, if your settlement fails to materialize, the IRS does not consider you liable for repaying the funds.
Borrowing Forward Instead of Backward
Pre-settlement funding for fluoroquinolone lawsuits is more like a cash advance on the settlement you are going to receive in the future, rather than a loan based on your financial situation at the particular time in which the loan was received. With traditional loans, borrowers often have to put up collateral and are judged based on their past financial history rather than on money they will likely receive in the future.
Partnering with Attorneys
Attorneys often face a complicated situation when negotiating settlements: they want to spend the time it takes in the process to obtain the highest amount of compensation for their client as possible while also understanding that the client has expenses to deal with and is limited on the length of time they can wait until those needs start creating additional problems for them. We not only help the plaintiffs in lawsuits to obtain the money they need, but we also partner with those plaintiffs’ attorneys to ultimately assist them in obtaining a larger payout for their clients by removing the pressure of time.
No upfront fee and no repayment required if the settlement falls through makes our pre-settlement funding an important option to discuss with the client. Our online attorney portal makes verifying your plaintiff’s application and submitting associated documentation to us simple. Removing the time advantage that the defendant’s attorney has in the process is helpful for you.
Don’t Wait for Your Fluoroquinolone Settlement – Contact Silver Dollar Financial Today
Settlements can take years, particularly in mass litigation actions such as the fluoroquinolones lawsuits. Unfortunately, this amount of time leaves people who have already suffered a loss in a position of needing funding that can be difficult to come by, particularly if your credit or income prevents you from obtaining a personal loan through a bank or credit union.
Silver Dollar Financial allows you to obtain the money you need today and repay it with the settlement you receive in the future. For more information or to start your fast, easy, and free application for pre-settlement funding, contact us via our online form.