SECAUCUS, NJ, March 25, 2015 /24-7PressRelease/ -- Atlas Legal Funding (www.AtlasLegalFunding.com), a provider of no-risk legal funding, today announced that the enrollment deadline for the Stryker hip lawsuit settlement has been moved from March 16th to March 30th. Enrollment forms must be received by the Claims Processor by 5 p.m. EST on March 30th. Enrollment Claim Forms can be accessed here. Please note: Registration with the Claims Processor does not mean that you are enrolled in the Settlement Program. To enroll in the Settlement Program, you will need to complete and submit an Enrollment form for the Settlement Program by clicking here.
A Stryker recall was issued in July 2012, when it was determined that the Stryker Rejuvenate and ABG II implant products pose an unreasonable risk of fretting, corroding and ultimately failing as the metal parts rub against each other. There are currently about 5,000 Stryker Rejuvenate and ABG II hip lawsuits filed in state and federal courts nationwide; before the recall was issued, approximately 20,000 Rejuvenate and ABG II implants were sold.
First Funding Disbursement of $1.4 Billion Settlement Anticipated for Late Summer or Early Fall 2015
"There is still some time before Stryker hip claimants will actually receive settlement funding," said Atlas Legal Funding Managing Partner, Jeff Kahn. "Early estimates state that the first payments from the settlement will happen sometime during late summer or early fall, 2015. And individuals that qualify for enhanced payments under the settlement agreement will not receive payment until the end of 2015 or early 2016."
This $1.4 billion settlement is expected to result in a base payment of $300,000 for individuals who received a Stryker Rejuvenate or ABG II implant and underwent revision surgery on or before November 2, 2014. Individuals who suffered catastrophic injuries will be able to pursue additional compensation under the settlement if they meet several eligibility requirements for "enhancements".
No-Risk Legal Funding Can Bridge the Financial Gap
If settlement funds are needed now, Stryker hip lawsuit settlement plaintiffs can receive a no-risk legal funding advance through Atlas Legal Funding. "No-risk" legal funding means that you will not need to repay the funds that you receive. Atlas will work with your attorney to advance settlement payments to you in as little as 48 hours; the application process is quick and easy.
Atlas provides legal cash advances to Stryker hip claimants to help make financial ends meet. To start the funding process, simply fill out a form here. Or for more information, contact Atlas Legal Funding by visiting www.atlaslegalfunding.com, or call to speak with a representative at (877) 635-4037.
About Atlas Legal Funding
Atlas Legal Funding is a lawsuit funding company located in Secaucus, New Jersey. We are an attorney- and plaintiff-friendly firm; we provide non-recourse legal funding for both pre- and post-settlement cases to plaintiffs for some of the lowest rates in the industry.
Benefits of Working with Atlas:
- Our process is quick and streamlined; we usually only need a few minutes to discuss a case and limited documentation is required.
- Average wait time to receive funds is 48 hours.
- We have some of the lowest rates in the legal funding industry.
Currently, we're focused on providing funding for the cases below, which fall into both pre- and post-settlement funding categories:
- NFL Concussion Cases
- Trans-vaginal / Pelvic Mesh
- Stryker Hip Replacement and DePuy Hip Replacement
- Medical Malpractice
- Avandia
- Motor Vehicle (MVA) Cases
- Multiple personal injury cases
Keep in mind, repayment on non-recourse legal funding is only required if the case is won or settled out of court. Should a client lose a case, repayment is not required.
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