Case Loans for
Third Party Accident Cases

Most states have laws covering the injury of persons while at work. These workers' compensation cases are often the due to the negligence of what is termed a "third party" meaning that another person/entity was the reason why the worker was injured. When this occurs, the injured worker not only has a claim for workers' compensation benefits, but also a claim in negligence against the negligent "third party".

This is good news for both the employer (workers' compensation insurance carrier) and also the injured victim as well. The reason is because the potential money award in the case no longer is bound to the applicable statute. This is great for the employer because any money spent for benefits, including medical expenses and/or the permanency award, must at least partially be paid back from the proceeds of the third party case.

In these types of lawsuits, the workers' compensation claim is prosecuted as normal. The victim then files a lawsuit against the third party for the difference between what was received in the workers' compensation claim and what the 'true' damages are (as would be determined by a jury or judge).

By way of example, if a worker is injured while driving a truck in the normal course of his/her employment and someone else is at fault, the victim files a claim against his workers' compensation carrier and also files an automobile accident lawsuit against the party at fault in the accident. He/she can then expect to recover the amount of damages that he/she is rightfully entitled from the party at fault.

Of course, these cases are still civil litigation lawsuits and as such take a great deal of time to reach a conclusion, especially if injuries are severe. While this is going on, the bills keep coming because the plaintiff still must eat and live. All the while, significantly less money is coming in because the victim can no longer work in the same capacity as before. Many claimants face financial difficulty and need a case loan in advance of the settlement just to keep up with the expenses.

In these instances, a loan advance can be obtained against the third party case. The legal funding company can provide a case loan now in anticipation of a sizable settlement at the conclusion of the lawsuit. These (case) loans are offered by various lawsuit advance companies and may be right for you.

At Fair Rate Funding, we specialize in providing the lowest rates for case loans prior to settlement of workers' compensation claims and third party cases. Fair Rate Funding provides the lowest rates for lawsuit cash now against the proceeds of your case. 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 in advance, so that you can focus on the important things.

We know you have a choice of lawsuit funding companies and are happy to assist you in your time of need. To obtain a case 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 pre settlement cash advances within 24 hours of receiving the paperwork from your attorney.

We provide case loans for third party cases 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, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.

Thank you for choosing Fair Rate Funding.