Construction accident lawsuit loans can help control four finances during ongoing litigation
A construction accident lawsuit can take months or even years to resolve., This can put you under financial stress while you’re waiting on the settlement or verdict to be handed down by the court.
In the meantime, you need money to pay your rent, eat, and continue living your life without any interruptions.
Construction accident lawsuit loans help plaintiffs just like you control their finances during ongoing litigation by providing immediate cash so you can keep taking care of yourself and your family during this difficult time in your life.
What are construction accident lawsuit loans?
Construction accident lawsuit loans, also called construction legal funding, give plaintiffs and their families access to money during protracted litigation.
Facing a long, drawn-out case can be financially draining for anyone. If you’re fighting a construction accident or other injury claim, you might need temporary access to cash.
Construction legal funding is designed to help cover everyday expenses so that your family doesn’t suffer during your fight for fair compensation.
Remember, lawsuits take time, and there’s no way to know when—or if—you’ll reach a settlement or verdict.
Even in successful cases, it can take months of negotiating before reaching an agreement with an insurance company on how much they’ll payout.
Construction workplace safety is everyone’s responsibility.
Construction workers and construction accident victims alike have a lot on their plates.
Between following safety protocols, ensuring that your worksite is as safe as possible, and paying off medical bills from your injuries, you may find yourself stressed about finances.
The last thing you need to worry about is keeping up with your bills while you continue to undergo medical treatments for your injuries; fortunately, there are options available to make sure that doesn’t happen.
Construction accident lawsuit loans can help take the financial pressure off workers and their families who have been injured during construction accidents so they can focus on recovering without worrying about what will happen if they do not recover sufficiently or at all.
Common construction injuries
According to the US Bureau of Labor Statistics, nearly 2.7 million workplace injuries were reported in 2020, with almost one-third occurring in construction and extraction industries.
From falls and slips to run-ins with heavy machinery, various dangerous scenarios can arise on construction sites.
In fact, falls are responsible for roughly 17% of all workplace fatalities each year. If you or someone you know was injured at work as a result of another party’s negligence, it’s important to understand what your legal rights are.
Because of the dangerous conditions in which you work, construction hazards often lead to catastrophic injuries.
Our company provides legal funding if you or your loved one suffers from:
- Traumatic brain injury (TBI)
- Spinal cord injury
- Electric shock
- Painful trauma
- Injuries to hands and fingers
- A spinal cord fracture that requires surgery
- Reflex Sympathetic Dystrophy Syndrome (RSD)
- Wrongful death of a family member
Construction accident lawsuit loans and legal funding can help cover medical bills during ongoing litigation demanding compensation for your injury.
Call (800) 961-8924 for more information about how much money you could receive for your injury claim.
Role of attorney in construction injury claims
Construction accident claims are complex and can be emotionally and financially devastating for plaintiffs.
For example, an injury during construction work can require years of rehabilitation.
Additionally, each day spent recovering from a construction-related injury is another day without income.
In these instances, a construction accident settlement loan can provide much-needed cash to help control your finances during ongoing litigation.
But you only become eligible for pre-settlement funding when you have an attorney working on your case.
Further, the construction work attorney must work on a contingency basis and agrees to cooperate with our funding firm.
Know What Compensation to Expect After a Construction Injury Occurs
If you’re a construction worker or have been injured in a construction accident, it’s critical to know how your compensation claim will be structured and how much money you can expect to recover.
Most people suffering from a construction injury are often left wondering what their settlement value is after an injury due to there being multiple factors that influence settlement values, including:
- What part of your body was injured?
- How badly were you hurt?
- Are you willing to settle out of court?
- What is your medical condition, and will it improve or get worse with time?
The truth is that no two construction injury claims are exactly alike; as such, you must contact experienced legal counsel for assistance in determining your personal claim value.
How does compensation for construction injuries work?
Compensation for injuries during construction work generally comes in two forms: workers’ compensation and a personal injury lawsuit.
In states where it’s available, workers’ compensation is an insurance-based system that compensates employees for any job-related injuries they suffer.
The amount you’ll receive depends on your employer, your employment status, and how your claim is classified.
Personal injury lawsuits provide another avenue to seek compensation for injuries sustained at work—but unlike workers’ comp, they’re not mandatory and don’t guarantee payment.
Instead, you’ll negotiate with whoever is found liable (often either your employer or its insurer) over what you can expect to receive based on medical bills, lost wages, pain, suffering, etc.
Get urgent money through construction accident loans & take benefit from workers’ compensation
In some situations, a worker may have to file for workers’ compensation benefits to receive financial support while they recover from a work-related injury.
Unfortunately, these funds can be delayed and often do not cover all of an employee’s health care expenses.
Construction accident settlement loans can provide you with an option for receiving emergency cash without having to wait weeks or months for your workers’ compensation claim to be processed.
In some cases, legal funding could even be used towards paying back out-of-pocket medical bills or housing costs as you navigate your recovery from injuries caused by your employer.
How To Get Approved for Construction Accident Legal Lawsuit Funding
Submit your legal case details to our online application form-
It only takes a few minutes to get started, and you don’t have to provide any credit card details or other sensitive information to apply.
As soon as you click submit, we’ll review your details and try our best to find financing for your case. If we can’t help you with legal funding but feel confident about referring your case because it has potential, we’ll let you know that as well.
Wait for funding provider’s response-
We will reach out within 24 hours of applying with some lawsuit funding providers who can evaluate and fund your claim using their own money (not yours).
Get approval on your funding-
After evaluation, if we find your case eligible for loans, we will offer a lump sum for your pending lawsuit.
We will ask you and your attorney to agree to the terms of funding; after signing the agreement, we will immediately transfer money.