No-Risk Loan for Pending Workers Compensation Insurance
Settlement!
Most of workers involved in Workers Compensation claim or
lawsuit do not realize they can get workers compensation
funding or worker comp loans before their case settles. If
you are a plaintiff, involved in a Workmans comp case or
lawsuit and represented by an attorney, you may be eligible
for an easy cash advance on your pending workers comp
settlement.
This is also known as non- recourse Workers Compensation
lawsuit loan, Workers Comp funding, Workmans Compensation
loan or Workmans Comp funding.
What is Workers compensation or Workmans comp?
Workers compensation or Workmans comp is a state-mandated
insurance program that provides compensation to employees
who suffer job-related injuries and illnesses. This system
was originally known as Workmans compensation. Today, most
jurisdictions have adopted the term Workers compensation as
a gender-neutral alternative.
Federal government administers a worker comp insurance
program for federal and certain other types of employees.
Each state has its own workers compensation insurance laws.
The first workers comp insurance state law was passed in
Maryland in 1902, and the first law covering federal
workers was passed in 1906. By 1949, all states had enacted
some kind of workers compensation insurance program.
In many states, if your employer did not carry workers comp
insurance coverage, or your justified worker compensation
claim is denied by the workers compensation insurance
company, you may be able to file an insurance bad faith
civil lawsuit against the insurance company. To file that
you should hire an expert workers comp attorney.
When a person works for a living, a personal injury or
disability can have a serious impact on his or her life,
family, health, and finances. The road to recovery is
sometimes long and expensive, and a worker might well lose
his/her home, health and family waiting for relief.
You may have a strong Workers Compensation case or lawsuit
and a great attorney representing your case, but the
insurance companies can afford to wait. But you can not,
you need money now. Without a workers compensation funding,
you may have no choice except to settle your Workers
Compensation claim or lawsuit for whatever you can get.
But with a workers compensation funding or loan, you also
get the advantage of some deep financial pockets yourself.
A solid worker compensation funding company is always
backed by vast institutional funds. So you will not have to
accept too little too early from the insurance company that
provides your Workers Compensation (Workers Comp, Workmans
Comp or Workmans Compensation) coverage.
Workers compensation funding companies will not fund a
Workmans comp claim or lawsuit if the state statute
concerning direction of payments requires the claim to be
paid directly to the claimant and not first to the trust
account of attorney? These states are: AR, AK, CA, DC, HI,
KS, KY, MA, MD, MN, NC, NJ, NV, NY, OR, PA, TX, UT,VA, WA,
WI. But they provide workers compensation claim funding in
all other states.
Third Party Liability Lawsuit:
When an employee is injured in the course and scope of
employment as a result of a negligent third party, the
worker has the right to pursue a lawsuit against the third
party in addition to pursuing a workers compensation claim.
For example if a wire cable installer negligently hid a
wire that caused your trip and fall at your work place; you
may sue the cable company and also if work place injury is
caused by a faulty machine supplied by a vendor.
Third Party Lawsuit Loan Funding:
When you are involved in Third Party Liability lawsuit you
can get a lawsuit funding or a lawsuit loan on your pending
lawsuit in every state except in Ohio. This is also a
non-recourse loan, which you pay back only and if you win
or settle the case.
You can get your Workers Compensation Funding –
Workmans Comp Loan in 3 Easy and Simple Steps:
1st. Step - Submit the Easy and Simple Application.
2nd. Step – Your attorney faxes the required
documents to worker comp funding company. Approval for
Workmans comp loan is always fast. Mostly in 24 to 48 hours
(some times in 4-6 hours).
3rd Step - If approved for Workers comp loan, funds are
wired into your bank account, the same day. Of course, you
can take a bank check also.
Workers Compensation Claim and Lawsuit Funding Program
– Features and Benefits:
1. No application fee, no up-front fees: A good workers
comp funding company should not charge any application fee
or any upfront fees at all.
2. No credit requirements or employment history - To apply
for workers compensation funding, the credit score of
plaintiffs is never an issue.
3. No monthly payments- A good workers compensation funding
company would not charge any monthly payments.
4. No payment until the case is resolved- You need not to
pay back your workers comp loan until your case is resolved.
No settlement? No repayment – Once you get a workers
compensation loan, you pay back to workers compensation
funding company only and if you win or settle the workers
compensation claim or lawsuit. If you lose your case, you
do not owe the workers compensation funding company
anything. The workers comp loan advanced to you is yours to
keep.
The workers compensation funding or worker comp loan is the
totally safe, secure, no-risk solution. This protects your
family, assets and any needless jeopardy to your credit
history.
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About the Author:
Paul Sherman, The Lawsuit Money Man, is a Legal Funding
Consultant. He offers free, professional, and independent
advice to plaintiffs (incl. business owners) involved in
workers comp claims, lawsuits & Attorneys. To apply for
Workers Compensation Funding, Lawsuit loan, Commercial
Lawsuit funding, Law Firm loan, Attorney funding &
Structured Settlement funding please visit:
http://www.easylawsuitfunding.com
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