Fair Rate Funding specializes in settlement funding for pending lawsuits on Jones Act cases throughout the United States.
The Jones Act is codified in 46 U.S.C. § 30104 et seq. and essentially sets forth the protection of seamen from personal injury and/or death. This is a Federal Law and cases filed under these provisions usually are venued in the Federal Courts.
The premise of the Jones Act, is to financially protect the sea worker from the inherently hazardous environment in which he works. And although liability is based upon standard negligence law, a vessel owner is liable for even the slightest breach of his duty of care, and this is true even if the victim assumes the risk of injury by participating in this line of work.
Regardless of negligence, the sea worker on a vessel is entitled to "maintenance and cure" for injuries sustained while at sea. Maintenance entitles the victim to a small daily allowance similar to that he would have been entitled to on the ship. Cure refers to the providing of medical care, surgical procedures, rehabilitation and/or hospitalization. The Maintenance and Cure is exhausted when the victim reaches maximum medical improvement. That means that even if the worker cannot return to work, the benefits under this provision in the Jones Act will eventually cease.
Still, if the victim can prove negligence, the unseaworthiness of the vessel or the negligence of a third party, the sea worker can obtain a substantial award in Federal Court.
Because injuries in these legal proceedings are often severe, many plaintiffs undergo significant and time consuming treatment. Also, the complexity of these cases often results in settlement negotiations dragging on for long stretches of time. During that time however, the plaintiff still has to pay his/her bills, eat, and live. All the while, significantly less money is coming in because he/she can no longer work in the same capacity as before. As a result, many plaintiffs face financial difficulty and need cash now to keep up with the expenses.
In these instances, a lawsuit cash advance can be obtained against the case. The legal funding company can advance cash now in anticipation of a sizable settlement at the conclusion of the lawsuit. These loans are offered by various lawsuit advance outfits and may be right for you.
At Fair Rate Funding, we specialize in providing the lowest rates for settlement funding in the specialty niche of Jones Act cases. Fair Rate Funding provides the lowest rates for cash loans now against the proceeds of your Jones Act lawsuit. You do not have to pay us back if you do not recover a settlement. The risk of the lawsuit loan is on the lender. You get the money you need now and your lawyer can work on getting the maximum amount of money available to compensate you for your personal injury.
We know you have a choice of litigation finance companies and are happy to assist you in your time of need. To obtain a lawsuit loan in the quickest and easiest manner, please fill out the submission form on this page. One of our agents will contact you immediately and start the process. You can then simply sit back and allow Fair Rate Funding to do its job. We regularly process and provide lawsuit cash advances within 24 hours of receiving the paperwork from your attorney.
We provide settlement funding services for Jones Act lawsuits for the following states: Alabama, Alaska, Arizona, Arkansas, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.
Thank you for choosing Fair Rate Funding.