Worker’s Compensation Cases That Can Be Funded By Lawsuit Loans Information
When it comes to workers’ compensation, things can get complicated and expensive, thus getting a lawsuit loan from a reputable company can help make things easier. The process of workers’ compensation is usually simple, but if a court case needs to be brought against the employer by the injured or sick employee, things can become complex and can take a lot of time to be resolved. Getting a lawsuit loan while waiting for the settlement or even while waiting for the court case to get going can significantly help in paying your bills and reducing the related stress, and ultimately bringing a better case against the defendant.
What Is Worker’s Compensation
Workers’ compensation, often referred to as “workers’ comp” is an insurance that employers have to cover expenses when a worker gets injured or sick while performing the duties of their job.
Definition Of Workers’ Compensation
The above means that workers’ compensation covers everything that happens while working and nothing that happens outside of work hours. Different kinds of accidents and can be included here, but in general, if it happened at work and/or during work hours, there is a very high chance that it will be covered by workers’ compensation. If an employer refuses to take responsibility when a worker gets injured or sick because of their work, a court case or litigation may be brought against them by the victim. This is something that can take a while to get through as an investigation will take place and the entire process can take a long time.
Why Choose Delta Settlement Funding?
Relatively Low Risk
If you don’t win a successful judgment in court, you don’t need to pay us back – it’s as simple as that. No initial fees, recurring costs, or invasive credit checks. At Delta Settlement Funding, you only pay us back if you win.
Simple & Quick Response
You can get the financing you need in as little as 24 to 48 hours if your case is approved. After you fill out our questionnaire and hit “submit”, our team and your lawyer do the rest of the work to see if your lawsuit qualifies!
Competitive Interest Rates
Delta Settlement Funding is one of the best lawsuit loan companies in the country providing low-interest rates, no initial costs, or other hidden fees in the fine print. If you get approved with us, you can have your lawsuit loan in less than a day.
What Delta Settlement Funding Customers Are Saying
Trust the company that has brought over $20 million dollars in financing to thousands of injury plaintiffs all across America!
How You Can Receive Your Lawsuit Loan
- You Complete An Application
- Fill out our online application or call our toll-free number to speak with a client care technician.
- We Evaluate Your Application
- Delta Settlement Funding and your personal Legal Team assess your lawsuit.
- You Receive Funding!
- If your lawsuit qualifies for funding, we’ll transfer you your money in as soon as 24 hours! Get anywhere between $500 to $100,000 in lawsuit financing within 24 hours
Who Can Get Workers’ Compensation?
Any worker who is employed by a company covered by workers’ compensation can get their case covered. This implies that the company is usually the one paying and then workers’ compensation covers their expenses. If a worker is unable to get their company to cover them, a lawyer can help bring the employer to court.
Specifically, those covered are employees who have been injured on the job or have gotten seriously sick while at work. It also covers the death of employees on the job, but this is often covered by another form of employer-provided insurance which can pay the next of kin. That insurance oftentimes is the same that covers dismemberment on the job, but that can also fall under the umbrella of workers’ compensation.
What Does Workers’ Compensation Cover And Not Cover?
As mentioned above, workers’ compensation in general covers anything that happens to a worker while at work and/or during work hours depending on where they work and what they job entails. In some cases, the workplace is wherever the worker happens to be doing their job. For example, an electrician will be covered as long as they are doing work for their employer and within the company’s system. They may be in the field fixing something or visiting someone’s home to fix a problem, but as long as they are in the perimeter of their work, performing their assigned duties, they are covered by workers’ compensation. In some other cases, like for office work, workers’ compensation will only cover what happens during working hours at the office. Each situation is different and should be looked into with the specifics of its parameters to make sure everything is covered correctly.
What Makes A Workers’ Compensation Case?
Getting a case together for a workers’ compensation lawsuit requires a lot of documentation, and the expertise of a lawyer to take a look at the employment contract the employee signed at the time of hire. Many companies, if not most these days, have litigation clauses in their contracts that force all situations that would go to court to go to litigation instead. If there is such a clause in the victim’s contract, a lawyer can see if the contract is valid before giving in and going to litigation or they can go to litigation and see if things work well that way. Litigation may bring just as big a settlement as a court case and can take less time and be less costly in some cases. Anyway, if the employee contract suggests going to litigation instead of court, then this is a good way to start.
Once a case is in litigation or if it goes to court, all the relevant documentation will be brought into evidence. This includes medical documents that show that the person injured has been seen by professionals and that these professionals have judged that the issue stemmed from work. Once that is in place, a few more medical specialists may need to be brought in as well as workplace safety specialists. If the injury is severe, the local or national entity in charge of work safety may get involved which can additionally prolong the case. If there is no need for these specialists, the case may be over within a short time.
How Can You Get Help For A Workers’ Compensation Case?
The first step is to seek medical help where the injury will be put on file and all related medical documents will be attached so that the medical staff and the victim can have access to it at any time. There are forms to be filed to give others access to this information and these are covered under HIPAA.
The second step is usually to file out a report at the workplace to let them know of what happened. Sometimes, this can take place before the medical consultation if the issue is not too severe.
The third step is to try to get things resolved through right there at the workplace and possibly through their Human Resources department. If things aren’t resolved this way, a lawyer can get hired to start preparing a case.
The lawyer will set up a case, research what happened, and help the injured employee fight for the compensation they deserve.
How Much Can You Get For Your Case Settlement?
Once the case is in process, may it be in court or in litigation, an amount can be calculated for the settlement. This amount is usually calculated as weekly salary times the number of weeks missed, adding on top any medical bills not yet covered by the employer (a potential amount for pain and suffering and potentially an added amount for punitive damages). What is also considered is whether the situation could have been prevented or whether it had happened before to the same victim or someone else in their workplace. The settlement amount can become quite high, abut one should hope to get their wages and medical bills covered only, just in case to avoid disappointment.
Can You Get A Lawsuit Loan For Your Workers’ Compensation Case?
You can most definitely get a lawsuit loan, pre-settlement loan, or settlement loan with a workers’ compensation case. You can apply for a lawsuit loan through a lawsuit funding company with the help of your solicitor. The amount requested should be about 10% of the expected settlement amount, as calculated above. In general, that percentage is calculated on the total of the lost wages and medical bills to be covered. It is recommended that you ask for a lower amount so that it can be easily repaid when the settlement payment comes in. Of course, as medical costs change and new bills add up, a secondary loan can be requested to help cover these bills as they show up.
Examples Of Cases We Fund
- Slip and fall
- Burns and kitchen accidents
- Carbon monoxide poisoning and other toxic fume issues
- Accidents from negligence
- Accidents following lack of training
- Defective machinery accidents
Reasons Other Than Financial To Bring Up A Workers’ Compensation Case
The basic reason to sue over workers’ compensation is, of course, to get compensated and have medical bills covered as well as get lost wages replaced. There are other reasons to bring an employer to court over a workers’ compensation claim besides the financial one. These reasons are generally more altruistic and can be just as valid.
Having The Victim Proven Right
This can sound petty, but sometimes, just being proven right can help one feel better about what has happened to them and their current situation. Getting vindication is not always something that happens in monetary form.
Protecting Others By Changing Policies
Once the victim is well enough to get the process going, they may want to get things changed in their workplace such as the floor material in an area that gets wet regularly and on which the victim took a nasty fall if the employer doesn’t take steps to fix this. The reasoning here is as much self-protection as it is to protect others in their workplace. It can help prevent similar accidents in the future and protect all other employees.
Setting a precedent is extremely helpful as it can be used in other court cases to strengthen their case against the defendant. This kind of case can create a precedent and help others in similar situations bring their case to court and receive compensation. Creating a precedent can be part of getting a large settlement, but it can also just be to get a history of situations put on the books.
Getting A Workers’ Compensation Case Can Be Important
A workers’ compensation lawsuit can be initiated for the benefit of the victim as well as to avoid future accidents. Receiving a fair compensation can help the injured employee cover their bills, recover from the injury, and move on with their lives. Getting a settlement is something that should be easy to do with the right elements and sufficient proof of the incident. A case in workers’ compensation can help the injured worker get back on their feet with a bit of money and the feeling that they were right.
Do you have any questions about receiving a lawsuit loan?
Talk to one of our client service technicians by calling us today at (###) ###-### – we’d love to hear from you!