Mass Torts
About Mass Torts
A mass tort is a case where many individuals are wrongfully harmed by a product in a similar way. More often than not, it’s by a medical device, defective product or drug. A recent example would be Invokana, a diabetic drug that in certain cases caused individuals severe side effects, amputations or even death.
Mass Tort Funds can advance funds to plaintiffs whose cases have been settled but have yet to receive their distributed funds. Waiting for the settlement payout can be lengthy, and plaintiffs often find themselves having important cash needs in the interim. By getting an advance on the settlement you’ll be able to fill in those gaps, and get in the place you need to be.
How Does Funding Work?
Mass Tort Funds gets you the cash you need – and deserve – fast so you can get back to living and not waiting.
- Call Mass Tort Funds
You’ll be assigned a dedicated Mass Tort Funds representative, and they will work with you from A-Z, to ensure you get the best service. - Mass Tort Funds will process your request
The Mass Tort Funds team will handle all the paperwork and official procedures while working alongside you and your attorney to get your funding. - Funding
You get your cash. Most times, within 24 hours of approval. Mass Tort Funds offers three methods of receiving your funds; check, wire transfer or overnight delivery service.
FAQs
How Mass Torts Differ From Other Personal Injury Lawsuits
How Mass Torts Differ From Other Personal Injury Lawsuits
Mass torts are different from common personal injury lawsuits because;
- Multiple plaintiffs are involved in Mass tort litigation.
- Beyond having the same defendant, the plaintiffs must show equivalence in the manner they were injured.
- Due to the fact that the manner of the injuries must be equivalent, the settlement amount must also be the same amount among all plaintiffs.
What is Mass Tort Funding?
Mass tort funding is a cash advance provided to a person who is part of a successful mass tort case. The cash advance is provided after the case has been settled but before the funds have been disbursed by the court. If approved, we at Mass Tort Funds will provide clients with immediate access to their money so that they can cover any needed expenses.
Is Mass Tort Funding Same as a Traditional Loan?
No, this is not a loan. We can provide clients funding regardless of whether they have good credit, bad credit or no credit at all.
Mass Tort Funds is a non-recourse funding company that provides cash advances to plaintiffs who are represented by an attorney or firm for lawsuits, in return for an interest in any recovery. What non-recourse simply means; if you lose your case, you owe us nothing. We only get paid back if you recover money from your lawsuit.
Am I Eligible for Mass Tort Funding?
If you’re 18 years or older, part of a successful mass tort case, represented by an attorney, and awaiting payment, you are eligible to apply for mass tort funding. If you are unsure, or have questions, please contact Mass Tort Funding by phone at (888) 715-8242, or email us at info@masstortfunds.com. At that time we’ll discuss your situation and figure out if you’re eligible for funding.
Do I Need an Attorney to Apply?
Yes, you will need an attorney before applying for funding.
How Much Money Can I Get?
Mass Tort Funding can provide anywhere from $1,000 to upwards of $250,000, which is our maximum. The amount of funding you receive is based on the specifics of your case and situation. After we receive your completed application, our team of underwriters will work with you, your attorney, and the third-party administrator to calculate the amount of money you qualify for.
How Soon Will I Get My Money?
Upon approval of your application, most times you can receive your money within 24-hours via check, wire transfer or overnight delivery service.
What Happens if I Run Out of Money?
Just contact us if you’re in need of further funding. The process is even easier the second time around since we will already have your completed application. Simply call us at (888) 715-8242