Product Liability Legal Funding
When you buy a product, you have every right to assume it is safe. Unfortunately, consumers are injured on a daily basis through no fault of their own by appliances, medical devices, medications, and other seemingly safe products. By filing a product liability lawsuit, you can get financial compensation, but the case can take years to settle, especially if the manufacturer denies fault. While you are waiting, you are still burdened with personal expenses, medical bills, and other costs. If you are unable to work due to your injury, you may need lawsuit settlement funding to keep your life in order until the case is finished.
Types of Product Liability Cases
FCA Legal Funding provides legal funding for a variety of product liability cases including:
Household products, electronics, power tools, and other consumer products may not be as safe as they appear. For example, many consumers have suffered severe burns and disfiguration from use of the NutriBullet kitchen blender.
Defective or improperly fitted car components such as brakes, pistons, and airbags can cause serious injury to the driver, passenger, other drivers, and pedestrians. FCA Legal Funding provides fast cash for automobile recall cases.
Industrial products include raw materials, machinery, support equipment, and tools. Manufacturers purchase industrial products to produce goods and provide services. Defective or poor quality products can cause injury to workers and consumers and result in financial loss. If your business has suffered losses from defective industrial products, you can avoid pre settlement loans and receive a cash advance for your claim.
Why Get Legal Settlement Funding?
As the legal cogs spin, life goes on, and that means bills. You may have to pay medical bills and litigation costs in addition to the usual personal expenses. If your injury has left you unable to work, the situation may seem dire. In short, you need funding. However, there are drastic differences between lawsuit settlement loans and a lawsuit cash advance.
According to California Civil Code § 1913:
“A borrower of money, unless there is an express contract to the contrary, must pay the amount due in such money as is current at the time when the loan becomes due, whether such money is worth more or less than the actual money lent.”
Personal injury lawsuit loans often carry predatory fees and require you to pay back the lawsuit loan, in monthly installments, even if you lose your settlement. Moreover, you will be subject credit check, require proof of income, and require sufficient assets to qualify for a loan. These steep qualifications are difficult to meet, since the injured party is typically not working, affecting their credit scores and income.
The last thing you want is to fall deeper into a financial pit. FCA Legal Funding offers a risk-free alternative in the form of pre settlement funding. Our cash advances are term based with no additional hidden fees, no upfront payments, and no out-of-pocket payments. If you qualify, you will receive cash within 24 hours. Most importantly, you’ll have peace of mind knowing that you only have to pay back your funding if you win your settlement, that’s our PROMISE!.
How to Qualify for Product Liability Lawsuit Funding
You may qualify for pre settlement funding for a product liability lawsuit if you meet the following criteria:
- You have suffered injury as a result of an accident involving a defective product.
- You have enlisted a personal injury attorney to file a product liability claim to recover financial compensation.
- You have applied for legal funding with FCA and provided details of your product liability claim. FCA Legal Funding will contact your lawyer for more information to determine how much legal funding to grant you.