Workplace Accident Pre-Settlement Funding Solutions
Legal cash advance for workplace injury cases
If you were involved in a workplace accident, suffered serious on-the-job injuries, and have a pending workers’ compensation case, you may be faced with mounting bills and insufficient income. Fortunately, a pre-settlement cash advance against your workplace injury claim can help you access a portion of the settlement money you expect to receive after your case has settled.
Workers compensation legal funding companies understand the financial challenges employees experience during the settlement process. Work-related injury claims can take a long time to settle. Injured workers often have to wait years to get the proceeds from a workers' compensation settlement. Workplace accident cases that drag on can be financially detrimental for clients. Legal financing solutions help to alleviate the financial impact of a workplace accident.
Workplace injury pre-settlement loans can help you get back on your feet after a devastating on-the-job accident. This highly specialized pre-settlement funding program has saved clients from accepting low insurance settlements and financial disaster. The majority of injured accident victims use the cash advance on pending workers' comp claims to pay for living expenses, vehicle repairs, utility payments, auto loan payments, and the rent.
You can take out a loan on your workers compensation case during any phase of your workplace injury claim. While you wait for your workers’ compensation settlement, you still need funds to provide for yourself and your family. Workers Compensation Settlement Loans put cash in your hand in as little as 24 hours.
Work injury pre-settlement funding is not a loan. When you borrow against workers' comp settlement, you receive a cash advance based on the current estimated value of your workers' comp claim. That’s what makes pre-settlement funding on workers compensation case different from traditional bank loans. There's no credit check, zero upfront fees, no-out-pocket costs, and you don't have to make any monthly payments. You pay back the legal cash advance only if you settle the case or win a legal settlement. But, pay nothing back if you lose.
The legal funding team is here to help if you find yourself in need of an advance on your workers comp settlement. If an unexpected emergency arises or if your bills are piling up faster that you pay them, you can get financial assistance for injured workers to tide you over until you receive the settlement money. To help, call to speak with a pre-settlement funding specialist or fill out the online application.
Work Accident Pre-Settlement Loan Requirements: How to qualify for cash funding
The facts and circumstances of your workplace accident case are examined by the legal funding underwriter to determine if you qualify for a work accident pre-settlement loan. Your income, credit score, and employment status are not taken into consideration during the underwriting process. Take a look at the eligibility criteria to qualify for loans before settlement on workmans' comp:
- You are 18 years of age or older
- You were involved in an accident at work
- Suffering from a job-related injury or illness
- You hired a workers' compensation attorney to pursue compensation for a workplace accident claim
- You expect to receive financial compensation from the insurance company or employer
If you meet the general requirements to determine if you’re eligible for a loan against your worker case, you can apply right now for a free and confidential pre-settlement funding review. Call or apply online by taking 1 minute to complete the short-form application.
Pre-Settlement Cash Advance for the Most Common Types of Accidents in the Workplace
The workplace can be dangerous. Accidents that result in serious bodily injuries and workplace death can happen anywhere and at any time. Workers Compensation Settlements Loans provides pre-settlement cash advances for all types of accident at work cases. Numerous factors can cause on-the-job accidents, ranging from toppling objects to machine entanglement. The following are the most common causes of accidents in the workplace:
- Falling object injury
- Auto accident
- Trip and fall injuries at work
- Workplace violence
- Slip and fall accidental injuries
- Construction accidents
- Hazardous materials
- Occupational diseases
- Falling from heights
- Repetitive motion injuries
- Wrongful death
- Machine entanglement
- Overexertion injuries
- Semi-trailer truck accident
- Industrial accidents
- Machine and equipment malfunction
- Fatal work accidents
Workers Comp Funding for the Most Common Workplace Injuries & Illness
There were approximately 2.9 million nonfatal workplace injuries and illnesses reported by private industry employers in 2016. Nearly one-third of nonfatal occupational injuries and illnesses were of a more serious nature and resulted in days away from work. Workers comp funding is a cash financial lifeline for injured workers who need assistance after a devasting on-the job injury.
No matter how attentive you are about observing health and safety rules on the job, the potential for workplace injuries is ever-present. These injuries put employees at risk of hospitalization and even death. Workplace injury pre-settlement cash advances are available for the most job-related injuries including:
- 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 get a workplace injury pre settlement loans
When an accidental injury has turned your life upside down, the bills are piling up, and you have less income because of the on-the-job accident injuries, a pre-settlement loan on your workplace injury case may be the best legal financing solution to acquire the cash you need fast while you wait for your workers' compensation claim to settle.
If you hired a workplace accident injury lawyer to fight for your right and you need a no credit check pre-settlement loan to tide you over until you receive the settlement money, call and speak with a legal funding specialist who can advise you of your accident loan options.
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