When someone applies for pre settlement lawsuit funding for a construction accident most people assume a worker was injured. While many lenders provide construction accident pre settlement funding to workers in the form of a workers compensation advances, some also provide funding for pedestrians as well.
In the legal financing industry the term construction accident is mostly referred to as a personal injury. When someone is injured due to the negligence of another person or company, legal ramifications may take place. Statistics show there are tens of thousands of accidents which occur on work sites that result in serious injury. These types of injuries oftentimes result in amputations, broken bones, head, neck and back injury.
Those individuals that have been injured in the workplace can file for workers compensation. This process oftentimes require the worker to contact an attorney to help file for compensation for their injury, also known as workers compensation. While most pre settlement funding companies provide cash advances for workers compensation cases the lender is limited to loaning money in certain states.
When a pedestrian is injured in a construction accident they may file a personal injury lawsuit. The lawsuit is filed by the attorney on the plaintiffs behalf. The plaintiff will seek compensation by the builder or construction company. It is important that when applying for construction accident pre settlement funding you understand which type of cash advance to apply for. While workers compensation pre settlement funding can only be applied in certain states, construction accidents that occur to pedestrian can be applied in most states.
There are many different options to consider prior to filing a personal injury claim. Depending upon the severity of the injury, you may want to seek legal representation for an attorney that has handled similar cases. The personal injury attorney will file a lawsuit on your behalf in go During this process your attorney will recommend their client to seek ongoing medical treatment prior to reaching a settlement. This is to assure that full compensation is paid out.
If you win your case you will pay a contingency fee to the attorney. This is typically a percentage of the proceeds. If the defense does not agree to the amount requested by the attorney, the case will be taken to court. Due to the amount of time these cases take the plaintiff can secure pre settlement funding to help pay for bills and expenses while waiting for the case to settle.
The amount of time it takes to secure pre settlement funding for a construction accident can take a few days. In some cases pre settlement funding can be approved in less than a 24 hour period.
If you are searching for construction accident lawsuit funding begin by applying online at LawLeaf. LawLeaf's lenders are ready to compete for your business.
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