Alabama Pre-Settlement Loans Workers' Compensation
Workers comp legal funding in Alabama
Do you have a pending workers compensation case in Alabama? If you got hurt in an accident at work, suffered on-the job injuries, & need a cash advance, Workers Compensation Settlement Loans can qualify you for the Alabama workers compensation pre-settlement funding program prior to the work injury lawsuit settlement.
Workers compensation loan advances are a cash financial lifeline for injured workers who are drowning in bills or experiencing unexpected financial emergencies. Cash-strapped employees in the process of a workers’ compensation settlement use legal cash advances for the purposes of paying bills, living expenses, and obligations.
Workers compensation claims in the state of Alabama can take a long time to settle. Clients who are pursuing work accident cases can wait years to receive adequate monetary compensation from their employer or workers’ compensation insurance company. When the bills start to become overwhelming or the income can’t stretch any further, claimants seek financial assistance for injured workers to help alleviate the pressure and prevent a financial disaster before they settle the workers comp case.
Pre-settlement loans workers compensation are designed to provide instant cash relief for injured workers waiting for a workers’ compensation settlement in Alabama. If waiting years for your case to settle is not an option, and you need a cash advance today, legal funding can help you access money to take care of the bills and unexpected expenses.
What is Alabama workers compensation pre-settlement funding?
With the Alabama workers’ compensation pre settlement funding program, injured workers borrow money against the workers’ comp settlement or award they expect to get from a settled workplace accident case. This financial option is popular among clients who suffered serious on-the-job injuries and incurred significant lost income.
Is borrowing against workers comp settlements similar to bank loans?
Clients that borrow money against workers’ comp settlements receive an advance on workers compensation case prior to settlement. Banks and credit unions provide personal loans based on the borrower’s credit score, income, and employment status. In contrast, the best pre-settlement funding companies advance settlement loans based on the facts and circumstance of a case and the strong likelihood the client will receive adequate compensation. When you get a cash advance on a portion of your future legal settlement, the funding is based on the legal funding underwriter’s estimate value of the workers comp claim.
There is no credit check, zero upfront fees, never any out-of-pocket costs, and you do not make any monthly payments. Since funding against your case is not a loan, pay nothing if you lose. You are only obligated to pay back the advance if the case is settled or you win a monetary award.
Do I qualify for a workers' comp loan advance?
The legal funding underwriting requirement for a workers’ comp loan advance is simple. You qualify to apply for a workers’ comp advance loan if you have a valid workplace accident claim, suffered job-related injuries, reside in Alabama or have a case pending is Alabama, and hired a workmans’ compensation attorney.
Workers’ compensation claimants in AL can take out a settlement loan during any stage of their workers’ compensation case.
Does my occupation matter?
Workers compensation pre-settlement funding is based on the current estimated value of your workers’ compensation claim. Your occupation, profession, or industry has no influence on whether or not you can get a workers comp settlement advance and how much you can borrow against the workers comp settlement.
Injured workers across all industries have benefited from loans against workers’ comp settlements. We are proud to have provided financial help to airline employees, construction workers, factory workers, bus drivers, retailer workers, transit employees, nurses, security guard, warehouse employees, and many others.
Common causes of workplace accidents in Alabama
Workplace accidents can happen anywhere, at any time, and for a variety of different reasons. Workers compensation insurance does not take an employee’s personal negligence or fault in account. Injured employees need not prove an injury was someone else's fault in order to receive workers' compensation benefits for an on-the-job injury. Take a look at the common causes of accidents at work that qualify for accident loans:
- Falling object injury
- Auto accident
- Trip and fall injuries at work
- Workplace violence
- Slip and fall accidents at work
- Construction accident
- Hazardous materials
- Occupational diseases
- Falling from heights
- Semi-trailer truck accident
- Repetitive motion injuries
- Machine entanglement
- Overexertion injuries
- Slip and fall accidental injuries
- Industrial accidents
- Machine and equipment malfunction
- Fatal work accidents
Does my work-related injury claim qualify for workers comp funding?
You are eligible to apply to get workers comp funding on your future legal settlement if you got injured while on the job or suffered injury or illness in the course of your employment. The underwriters advance settlement funding for injured workers who have suffered the most common workplace injuries. All types of work-related injuries qualify for workers comp funding. Whether you have suffered soft-tissue injuries, a fracture, traumatic brain injury, or underwent a surgical procedure, you can apply now to get the financial support you deserve. Here is a list of job-related injuries that warrant legal funding reviews:
- Broken bones
- Crushed limbs
- Eye injury
- Herniated disc injury
- Knee injury
- Meniscal tear
- Repetitive stress injuries
- Shoulder injury
- Skull and facial fractures
- Spinal cord injuries
- Soft tissue injuries
- Traumatic brain injury
- Whiplash injury
- Wrongful death
How to apply for workers compensation pre-settlement funding in Alabama?
Workers Compensation Settlement Loans has a fast and simple pre-settlement funding process for injured workers seeking loans on workers' compensation claims.
To get loans on workers comp case while you are waiting to receive money from a settlement, all you have to do is put in your request and a legal funding underwriter will take care of the rest.
Remember, there's no credit check, zero upfront fees, lower interest rates, and never any upfront costs. Call now to speak with a friendly and experienced legal funding specialist who can take your application right over the phone or take 1 minute and fill out the short online application.
Workers Compensation Settlement Loans is a national workers compensation funding company that provides low cost legal cash advances and fast workers compensation pre-settlement funding services for workers compensation cases all throughout the United States of America including Alaska, Arizona, Connecticut, Delaware, Florida, Georgia, Indiana, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Montana, Nevada, North Dakota, Oklahoma, Rhode Island, South Dakota, Washington, West Virginia, and Wyoming.