In recent days, the use of electronic cigarettes is becoming common. Mostly, the young generation is very attracted to the use of e-cigarettes or vape pens. Several instances came into the limelight that these e-cigarettes are using very harmful chemicals that are damaging the health of their users. If you have an ongoing JUUL lawsuit and need urgent cash to fund your case, you can get JUUL lawsuit loans.
Similar to any product liability lawsuit, many people who suffered illness because of the use of vape are filing lawsuits against JUUL. These lawsuits are costly and time-consuming. You may have to wait for a year to settle. Big companies often keep dragging cases so you are left with no money to continue with court proceedings. But now, with the risk-free financial tool in the form of pre-settlement funding, you can get cash advances, which you can use with no obligation and need to repay only if you win.
E-cigarette Lawsuit Overview
Initially, electronic cigarette brands marketed their product as a safe alternative to traditional cigarettes. As people started using it widely, they faced long-term illness. Further, these e-cigarettes have started becoming popular among minors because of their addictive flavor.
E-cigarettes brand keep on marketing their products as safe ignorantly, which further lead to widespread issues among their user. Now, these users and the people affected by it are filing lawsuits. The sad truth is that many people have been scammed by these companies since then and lost their good health because of vaping and electronic cigarettes. However, JUUL wasn’t their only problem. Several other companies were shut down or forced into severe overhauls thanks to federal investigations and countless lawsuits from people like you.
How Does JUUL Lawsuit Funding Work?
Anyone with a pending case against the brand of e-cigarette for the damage they face because of its use can get JUUL lawsuit funding. These cash advances are not like a traditional loan. You get these findings only if you have a pending court case and an attorney representing your case.
You need to apply with a pre-settlement financing company to get a cash advance. They will examine your case and contact your attorney to understand its merits. Further, they will analyze your case based on the expected settlement value and the time it will take to resolve. Based on the evaluation, they will determine the loan you can get. Once you agree to the terms of funding, you can receive cash in less than 24 hours, depending on the company’s working process.
The use of JUUL lawsuit funding totally depends on the plaintiff. They can use it the way they want. You can use it to pay for litigation expenses, get medical care, or pay for regular expenses. The best part of the litigation financing against your JUUL lawsuit is that you only repay if you win.
Benefits Of Taking JUUL Lawsuit Loans
It is common for lawsuits to keep dragging, which is valid with JUUL lawsuits. Since big companies have tons of money to continue the legal battles, an individual who has already suffered illness may not have enough funds to pay for attorney and other legal expenses. JUUL lawsuit funding is the quickest and easiest way to raise money when you need it the most. Also, these cash advances can be used to strengthen your case. You can use the funds to get expert advice and have more control over your case.
Further, these funds help you not to fall for the low-ball tactics played by the defendant, since you have the financial backup you can wait for the case to resolve. Big companies try to use your financial condition against you if you don’t have money to continue with the case. Now, with the option of JUUL pre-settlement loans, you can reject any lowball offer you receive and get fairly compensated.
JUUL lawsuit funding is also risk-free since the lender gives you cash against your lawsuit so that the lawsuit will act as collateral. And if you lose the case, you don’t have to repay, and the lender will suffer the loss. But if you win, you have to repay it as per the agreed terms. The only disadvantage of a JUUL lawsuit loan will be its high interest rate. Instead, its risk-free option makes it considerable. Since you don’t have to repay now, only pay once you win the case. So if you urgently need funds and have a pending JUUL lawsuit, considering a cash advance seems to be a good option. Even attorneys handling such cases can get attorney funding if they have a pending court case and the settlement is yet to come.