Since 2007, millions of dollars have been awarded to victims of Zyprexa’s adverse side effects.

Zyprexa (olzanapine) is an antipsychotic medication most commonly used to treat schizophrenia and bipolar disorder. Made by pharmaceutical giant Eli Lilly, the drug was first released in 1996 and is currently associated with serious side effects including diabetes and obesity.

Victims claim that Zyprexa has increased their risk for diabetes, heart attack, death and additional ailments. Eli Lilly is paying out more than $1.2 billion to the nearly 30,000 victims of Zyprexa’s side effects who are now suing Eli Lilly for adverse effects suffered from taking Zyprexa. One law firm in Los Angeles is helping these victims. Read more here.

Rapid Legal FInance offers cash advances to plaintiffs who have suffered from Zyprexa’s side effects. The process is very simple and once approved, the plaintiff typically receives their cash the following day. ]]> http://www.rapidlegalfinance.com/lawsuit-cash-advance-qualifications/plaintiffs-with-zyprexa-cases-may-be-eligible-for-a-lawsuit-cash-advance/feed/ http://www.rapidlegalfinance.com/lawsuit-cash-advance-qualifications/rapid-legal-finance-offers-cash-advances-on-astrazenecaseroquel-cases/ http://www.rapidlegalfinance.com/lawsuit-cash-advance-qualifications/rapid-legal-finance-offers-cash-advances-on-astrazenecaseroquel-cases/#comments Mon, 05 Oct 2009 18:07:50 +0000 Tina http://www.rapidlegalfinance.com/?p=249 Today, for many people, psychiatric drugs have become a popular solution to what ails them emotionally. Stress is at an all-time high, and these drugs seem to be a workable answer to handling it. Sadly, when misdiagnosed, the drugs don’t actually solve the underlying problem for the patient; they only cover it up by deadening the mind’s perceptions and in many cases causing  a new set of health problems for the patient.

But the FDA has chimed and set some recent regulations that may help. For example, in early 2009 then ruled that AstraZeneca cannot market Seroquel for depression.

AstraZeneca faces personal-injury claims from about 15,000 people who took Seroquel and say it caused diabetes. They allege the company failed to adequately warn patients about Seroquel side effects like severe weight gain, diabetes and pancreatitis. Read more of the story here.

Rapid Legal Finance offers lawsuit cash advances to plaintiffs who have been misdiagnosed and prescribed Seroquel and other psychiatric drugs.

If you have yet to hire an attorney, you may consider asking friends and people you know. A personal recommendation speaks volumes. Or you can contact your local Bar Association. Or you can visit Martindale.com and use their lawyer locator tool. If you still need help, we have access to a reputable network of attorneys. Send us an email with the type of case you have and the city and state where you’re located and we will help!

After you find an attorney, you will want to make sure the attorney will be right for you. First, ask the attorney upfront what education and experience they have that qualifies them to solve your situationt. Be specific: Years of divorce-court experience don’t matter if you need an expert in estate planning. More…

After you hire the attorney who will represent you, we here to help you get a lawsuit cash advance should you need cash while you are waiting for your lawsuit to settle.

In addition, a funding source may have many options of where to spend investors’ money, with a certain amount of cash available to advance. So given 8 motor vehicle case cash requests for $10K and 2 “other” requests for $50K, the funding source is likely to prioritize the motor vehicle case requests. It is simpler for them to simply accept these cases (as they are sound investments) in order to keep their rates low.

So what does the plaintiff who has the “other” type of case do? He should first ask the question, “Does your company handle my type of case?” If the company does, he should be prepared for a possible rejection, given the above information, and if approved, he should be prepared for a higher-than-advertised rate, as the risk for the funding source/investor will be higher. Above all, he should not take any rejections as indications that he has a “bad” case.

I came across this acrticle today and thought it presented personal injury loans very simply, as well as other types of cases that may qualify for lawsuit loans. Joel McLaughlin of OfficialWire writes, “The most frequent cause of personal injury is automobile accidents. Whether the person was driving under the influence, texting on a cell phone, or ran a stop sign does not matter. If they caused the accident because of negligence, you may suffer serious injury. Claims of this type are very common, and many plaintiffs apply for pre-settlement funding so that they won’t suffer financially while waiting for the case to settle.” Read the full article here.

In addition to personal injury cases, we help plaintiffs who have many other types of cases. If you are unsure whether you qualify, just email us with your question. Regardless of your case type, and given the fact that this lawsuit loan is non-recourse, your case needs to be fully evaluated by an underwriter at a funding source before you will be approved for a cash advance. Once we have the adequate paperwork from your attorney, we usually know within a couple days if you qualify for a lawsuit loan.

The story goes: Erin Brockovich is an unemployed single mother, desperate to find a job, but is having no luck. This losing streak even extends to a failed lawsuit against a doctor in a car accident she was in. With no alternative, she successfully browbeats her lawyer to give her a job in compensation for the loss. While no one takes her seriously, with her trashy clothes and earthy manners, that soon changes when she begins to investigate a suspicious real estate case involving the Pacific Gas & Electric Company. What she discovers is that the company is trying quietly to buy land that was contaminated by hexavalent chromium, a deadly toxic waste that the company is improperly and illegally dumping and, in turn, poisoning the residents in the area. As she digs deeper, Erin finds herself leading point in a series of events that would involve her lawfirm in one of the biggest class action lawsuits in American history against a multi-billion dollar corporation (source: imdb).

The reason this story caught my attention this time is the fact that Brockovich’s attorney was quite stressed in a few of the scenes. In fact, he doubted his firm’s ability to handle the number of cases they would eventually take on. This attorney could have used an attorney loan! It would have relieved some stress, in addition to providing much-needed resources to handle that case load.

Rapid Legal Finance provides attorney loans to attorneys who need financial support while they are working on discovery for their portfolio of cases. While banks and traditional lending institutions consider such factors as credit worthiness and the cash flow of a law firm, we use the expected fees from pre-settlement or settled cases to determine financing. Because of our expertise in valuing contingency fee cases, our attorney funding programs are able to advance significantly higher amounts of capital than traditional institutions. And we do so in less time with little or no risk to the personal assets or credit of the attorney or firm. Read more here.

Typically the victim has been injured and therefore cannot work, so from the start, they are losing income. Add this loss of wages to medical bills that may not be readily covered by insurance and you have a financial strain on the victim. How serious this financial strain is depends in part on how long the victim’s recovery period is. If he/she has had surgery, it could be months. This can lead to unpaid bills (utilities turned off, car reposessed, house foreclosed, etc.).

To solve this financial strain, the victim may start using his/her own credit cards. Soon these bills come in, though, and they usually are not set up for deferred payments. Next he/she may turn to family and friends for some money. Nowadays many of us are strained by the overall economic climate so that is not typically a viable option.

For a victim of a motor vehicle accident, a cash advance on his/her lawsuit is an option that may alleviate a lot of stress. Bills can be paid and the victim can buy some time until he/she gets back to work. As an added benefit, it can afford the victim’s attorney to take the time to get the full value of the case, instead of accepting a lowball offer due to the victim’s financial desperation.

a lawsuit in progress. A plaintiff must have an attorney on retainer who is working on his behalf.

Once that qualification is met, there are a few things that are needed in order to evaluate the case. They are:

1. Complaint. This summarizes your grievance and is prepared by the attorney handling the case.
2. Evidence damages sustained by the plaintiff. For a motor vehicle accident, this would include medical records that depict the injury. If the plaintiff had surgery, the surgical reports should be included.
3. Evidence of liability of the defendant. This would include any documentation that showed the defendant is the one at fault and should therefore be the one taking responsibility. For a slip-and-fall case, this may include an accident report, photos of the accident site, a witness that saw the accident, etc.
4. Proof of the defendant’s ability to pay (insurance). A insurance policy declaration page usually is enough.

Sometimes additional documentation is needed for certain cases, but the above list includes the basics. Once these documents are supplied to a funder, the funder is able to evaluate the case and determine its merit. In short, a funder wants to have a strong expectation that the case will settle in the plaintiff’s favor, because if it does not, the plaintiff does not have to repay the money that is advanced to him/her.

As a broker whose primary interest is to help plaintiffs in need of a cash advance, I occasionally come across an attorney who does not want to cooperate with the process of getting a cash advance.

What is needed for the advance is documentation on the case to substantiate the merit, i.e. damages sustained by the plaintiff, liability of the defendant, and proof of the defendant’s ability to pay (insurance). Then when the cash advance is approved, the attorney’s signature is needed on the agreement as a commitment to pay back the funding source out of the case’s proceeds.

When these things become difficult to acquire, it usually means one of 4 things. The attorney:

1. has some misinformation (or no information) on the cash advance industry, i.e. he does not think it is legal
2. is too busy to do the above
3. thinks getting a cash advance is too expensive
4. does not want to help his client

First, getting a cash advance before one’s lawsuit settles is completely legal. Some attorneys may frown upon lawsuit loans, but a cash advance is not really a loan - it is non-recourse, which means it does not have to be paid back if the case does not settle to the client’s advantage.

Rapid Legal Finance provides cash advances to clients who have lawsuits in progress. We do not provide loans, which by definition are recourse (along with the loan comes a responsibility to repay). If the attorney needs more information on the cash advance process, we are ready to supply that to him/her.

Second, most attorneys are very busy. This is why we, Rapid Legal Finance, make sure that while the attorney is completely aware of the cash advance his client is seeking, we are in communication with the paralegal or assistant to get the documentation we need. Sometimes follow-up calls are needed to get these documents, but we are happy to do that for our clients.

Sometimes an attorney will not want his/her client to get a cash advance because it is “too expensive”. What is important here is that the attorney understands the financial situation their client is in. It is therefore up to the plaintiff to explain to the attorney what is going on and how their lawsuit (medical bills, missed work, etc.) is causing a strain on their finances.

It is extremely rare that an attorney does not want to help his/her client. If the attorney understands that getting  a lawsuit cash advance is legal and necessary to solve the client’s financial strain, he/she typically wants to help and will do just that.

In all cases, when dealing with matters pertaining to your lawsuit, it is important to keep in mind that since the attorney was hired by the client, his purpose is to help and service that client.

And Rapid Legal Finance is here to assist when a lawsuit cash advance is needed. We are here to help.

Apply now!

]]> http://www.rapidlegalfinance.com/ethics-of-a-lawsuit-cash-advance/are-lawsuit-cash-advances-legal/feed/ http://www.rapidlegalfinance.com/ethics-of-a-lawsuit-cash-advance/are-lawsuit-cash-advances-expensive/ http://www.rapidlegalfinance.com/ethics-of-a-lawsuit-cash-advance/are-lawsuit-cash-advances-expensive/#comments Thu, 16 Apr 2009 18:00:59 +0000 Tina http://www.rapidlegalfinance.com/?p=101 People sometimes ask what I do, in social conversation, and I explain to them how I help people who are in the middle of litigation use the expected value of their lawsuit to get a cash advance.

This usually takes a minute to digest while the person tries to understand how that is done exactly. They have questions like: “Who lends the money?”, “What kinds of cases do you take”,”When does the money have to be paid back?” and “How much does something like that cost?”.

After answering these questions, the person is able to grasp what I do and usually thinks it is pretty remarkable that there is yet another means in our society to get immediate cash - beyond the typical route of going to a bank and/or using credit cards. They are right that it IS remarkable, because a cash advance can really help a person with no (or low) income stream get the cash they need for survival with repayment of that advance deferred. While it is remarkable, though, it does not come without a fee - it is also expensive. The interest rate on a lawsuit cash advance correlates to the risk of loss to the funder. Because plaintiffs are not required to pay back the money they are advanced if they lose a case, funding sources must account for this in their fee structures. Typically a lawsuit cash advance will cost a plaintiff upwards of 2% monthly compound interest or a flat interest rate if the case settles within a certain time frame.

So yes, lawsuit cash advances are expensive. But since everything is relative, we can ask: “Expensive compared to what?” Compared to having a car reposessed? Compared to losing a house? Compared to taking on another credit card with fear of being able to make the monthly minimum payment? The bottom line is that a cash advance is only considered too expensive by someone who does not need the money.

A good broker will make sure the plaintiff understands these fees so the plaintiff can make the right decision for himself/herself and there are no surprises when the case settles and it is time to repay the advance.