If you have a pending products liability lawsuit and need immediate financial assistance, pre-settlement funding can help.
Americans spend nearly $13 trillion on consumer products every year. Although we purchase these goods with the expectation that they are safe and will function as the manufacturer and seller intended, unfortunately this is not always the case and thousands of consumers are injured every year as a result.
A product liability claim can be brought against a person or entity responsible for making, distributing, or selling a product that caused injury to a consumer. This could be a household appliance, tool, medical device or pharmaceutical, car part, or virtually any other consumer good that is sold for consumption.
Common types of product liability lawsuits include:
A consumer bringing a product liability claim typically needs to show that the product was defective and that the defect caused the injuries. Damages can often compensate the injured person for lost income, medical bills, and pain and suffering related to the injuries.
Financial strain in these situations can add to the stress as many injured people struggle to make ends meet and keep up with bills. If you have a pending products liability lawsuit and need immediate financial assistance, pre-settlement funding can help.