Oklahoma Workers' Compensation Pre-Settlement Loans
Workers comp legal cash advances in Oklahoma
Do you have a pending workers compensation case in Oklahoma state? If you got hurt in an accident at work, suffered on-the job injuries, and need a fast cash advance, Workers Compensation Settlement Loans can qualify you for the Oklahoma workers compensation pre-settlement funding program option to settlement.
Workers compensation loan advances are a cash financial lifeline for injured workers who are drowning in bills and experiencing unexpected financial hardship. 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 Oklahoma can take a long time to settle. Clients who are pursuing work accident cases often wait years to receive fair monetary compensation from workers’ compensation insurance company of their employer. 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 to receive proceeds from a workers’ compensation settlement in Oklahoma. If waiting years for your case to settle is not an option, and you need cash advance solutions today, this legal funding program can help you access a portion of your future settlement money to take care of the bills and unexpected expenses.
What is Oklahoma workers compensation pre-settlement Funding?
Oklahoma workers’ compensation pre settlement loans is a financial solution for injured workers who want to borrow money against a workers’ comp settlement or award. This funding is popular among clients who have suffered serious on-the-job injuries and incurred lost income. When you get a non-recourse settlement loan against a pending workers comp case in Oklahoma, you receive an cash advance on a portion of your potential legal settlement.
For example: If the current value of your workers' comp case is $20,000, you can borrow up to $4,000.
Is borrowing against workers comp settlements similar to personal loans?
Borrowing against a workers' comp case is the hassle-free and fast financial solution for injured accident victims with active on-the-job injury claims. The transaction is not classified or structured as a bank loan or personal loan. Rather, when you borrow against a work-related injury case, you get a no-risk cash advance on workers comp settlement that is based on the legal funding underwriter’s estimated value of your workers comp claim.
Banks, credit unions, and traditional lenders rely on your credit score and income to determine whether to lend to you and at what rate. In contrast, with the best workers compensation pre-settlement funding companies, there's no credit check, zero upfront fees, never any out-of-pocket costs, and you do not make any monthly payments. Since legal financing is not a personal loan, pay nothing if you lose. You pay back the advance only if the case is settled or you win a monetary award.
Do I qualify for a workers comp loan advance?
Oklahoma pre-settlement funding companies that specialize in workers compensation cash advances make it easy for injured workers to get assistance prior to settlement if they meet the basic eligibility requirements for workman's comp loan advances.
You qualify for a workers’ comp advance loan consultation if you have a valid workers comp claim, suffered personal injuries on-the-job, live in Oklahoma or have a case pending is Oklahoma, and hired a workmans’ compensation attorney to pursue monetary recovery from the insurance company of your employer.
In Oklahoma, workers compensation claimants can start the pre-settlement loan process at any stage of the case.
Does my occupation matter?
Your occupation is not a factor that contributes to the decision-making process about qualifying for an advance on your workers compensation settlement.
Injured workers across all industries have benefited from workers compensation settlement cash advances. We are proud to have provided financial help to airline employees, construction workers, restaurant staff, factory workers, industrial workers, bus drivers, retailer workers, transit employees, hospital staff, security guard, warehouse employees, nurses, and many others.
Common causes of workplace accidents in Oklahoma
Accidents at work can happen anywhere, at any time, and for a variety of different reasons. In order to receive workers' compensation insurance benefits for an on-the-job injury, injured employees do not have to prove that another person is responsible for causing the accidental injury. Workers’ compensation insurance does not take an employee’s personal negligence or fault in account. Settlement loans for workers’ comp are available for a wide range of workplace accidents. Take a look at the some of the most common causes of accidents at work that qualify for work accident loans:
- Falling object injury
- Auto accident
- Trip and fall injuries at work
- Workplace violence
- Slip and fall accident
- Construction accident
- Hazardous materials
- Occupational diseases
- Semi-trailer truck crash
- Falling from heights
- Repetitive motion injuries
- Machine entanglement
- Overexertion injuries
- Industrial accidents
- Machine and equipment malfunction
- Fatal work accidents
Is my work injury claim eligible for workers comp funding?
Accidents at work can result in disability and financial devastation for accident victims and their family members. Settlement loans on workers compensation claims help to alleviate the financial burden during the lengthy insurance claim process. The type of job related injury you have suffered and the type of medical treatment that you are receiving are factors that will determine how much money you can borrow against your OK workers comp case.
Our legal funding underwriters have significant experiencing underwriting all types of work injury claims for loans before settlement on workmans’ comp. Whether you have suffered a soft-tissue injury, broken bone fracture, traumatic brain injury, or underwent a surgical procedure, you can apply now to get the financial support you deserve before you case is settled. These are some of the most common types of injuries employees suffer while on-the-job:
- 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 Oklahoma?
Workers Compensation Settlement Loans has a fast and simple pre-settlement funding application process for injured workers seeking loans for workers' compensation claims.
To get started now, all you have to do is submit your application for a cash advance 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 professional who can take your application right over the phone. You can also apply by taking 1 minute to fill out the short online application for faster processing.
Workers Compensation Settlement Loans is a national workers compensation funding company that offers low cost advance settlement funding and fast legal cash advances for injured workers who have pending workers compensation cases in the following states: 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.