Paraquat has caused countless serious injuries to those that have been exposed to it. As a result, injured parties have begun to seek damages from Paraquat’s makers to compensate them for the injuries they suffered.
Often, people fear asserting their rights in lawsuits as they fear the costs of litigation are too high.
Another concern people have about filing lawsuits is that their settlement won’t truly compensate them for the damages they suffered.
After all, what good is a Paraquat settlement, or any other settlement for that matter, if it doesn’t cover the entirety of your damages and the costs of litigation? While these concerns are valid, at Injury Wallet, we have a solution: a Paraquat lawsuit loan.
If you have ever held these or similar concerns and are one of the people who has suffered an injury due to Paraquat, a lawsuit loan will help mitigate your concerns.
Get started today by filling out our short form.
What Is Paraquat?
Paraquat is an herbicide. Despite bans in dozens of countries around the world, it is perfectly legal in the United States.
Sold under many different brand names, particularly as Gramoxone SL 2.0, manufactured by Syngenta, the herbicide has widespread usage in American agriculture.
In fact, between 2006 and 2016, American farmers doubled their usage of the herbicide to protect their crops from weeds.
Unfortunately, recent studies have shown a link between Paraquat exposure and the development of Parkinson’s disease, a progressive nervous system disorder.
As a result of these studies, many individuals who developed Parkinson’s disease after repeated exposure to Paraquat have initiated litigation against various Paraquat manufacturers.
Most of the individuals affected are agricultural workers or those that live in agriculturally productive areas.
If you developed Parkinson’s disease after Paraquat exposure, you may have a claim for damages against Paraquat’s manufacturers.
The only way to see whether or not you have a valid Paraquat poisoning claim is to enlist the help of a skilled attorney.
How Can a Paraquat Lawsuit Loan Help Me?
Essentially, a lawsuit loan is a financial bridge that spans the time between when you file a lawsuit and when you settle your lawsuit.
Lawsuits can take a long time to litigate, particularly when the defendants are large corporations (which Paraquat’s manufacturers are).
If you’re suffering from Parkinson’s disease as a result of Paraquat exposure, this can pose a financial problem. You probably already have scores of medical bills, but now you may not be able to work, and you still have your normal expenses.
Knowing the often tenuous financial situation of injured plaintiffs, powerful defendants often make lowball settlement offers that do not fully compensate for damages suffered.
If you’re in that situation, what do you do? Do you accept the lowball offer, pay your bills, but fail to fully recover the damages you suffered? Or, do you continue to fight for every dollar that you deserve, and let your bills pile up, with interest, in the meantime?
Their bet is that you will take their lowball offer.
A lawsuit loan, however, can disarm this particular weapon. With a Paraquat pre-settlement loan in your pocket, you don’t have to choose between two bad options.
Instead, you can fight for every dollar you deserve and take care of your bills in the meantime.
How Do Lawsuit Loans Work?
A lawsuit loan is a type of non-recourse loan.
Recourse loans represent a “typical” loan. If you default on your debt, your lender can seek repayment through any of your assets.
With a non-recourse loan, however, this is not the case. You specify collateral in your loan agreement. Then, in the event of a default, your lender can seek repayment only through that specific collateral.
With a lawsuit loan, the collateral you put up is your eventual settlement.
This makes lawsuit loans relatively risk-free: if you lose your case or fail to settle out of court, you don’t have to repay a penny to your lender.
Find the Best Rate for Your Paraquat Lawsuit Loan
There are a lot of lawsuit loan companies in operation in the US.
Loans often come with complicated contracts, and the interest rates aren’t always clear, so shopping for any loan is a pain. Still, you want the best possible rate you can get: that’s where Injury Wallet comes in.
At Injury Wallet, we do the shopping for you. Instead of filling out countless applications and poring over various legal documents, you just have to fill out one application.
We take your application, submit it to the nation’s leading lawsuit lenders, and come back to you with the best rate that we can find. It’s as easy as one simple application, so don’t hesitate.
Get started with Injury Wallet today, and let us take care of the shopping for you!