Electrical Accident Lawsuit Loans Help Injured Plaintiffs
Electrical accident lawsuit loans provide immediate financial support to injured plaintiffs in need of cash to meet financial obligations.
Electrical Accidents – Rare But Often Serious
According to a report from the Census of Fatal Occupational Injuries (CFOI), 126 workers died from electrocution. Although this number is down from previous years, almost 2 out of 5 injuries were caused by direct exposure to electricity.
The most frequent type of accidental electrical exposure injuries include:
- Fatal electrocution
- Severe Burn Injury
- Electric shock
- Falls caused by contact with electrical energy
Although many electrical accidents are not fatal, most result in severe, painful and often permanent injuries.
Fortunately, electrical accident victims have some remedies available to them. If the accident occurred while working, which many are, then these victims can seek compensation through various worker protection statutes legislated through the years. One example might be state workers’ compensation laws.
Other victims can seek compensation in the various state and federal courts by filing a negligence lawsuit, if applicable. For example, a contractor which failed to provide adequate protection to construction workers in a hazardous area. If these lack of safeguards are deviated from what is adequate for that type of workspace, an injured worker could seek compensation against that contractor for damages. These might include:
- lost wages
- lost earning capacity
- medical bills
- future medical treatment
- pain and suffering
- and more. . .
While nothing can undo the harm caused to these unfortunate individuals, electrical accident lawsuits can at least make the attempt with monetary compensation.
Electrical Accident Lawsuits – The Bad News
While compensation is available, relief is not always immediate. Lawsuits take time as the wheels of justice turn slowly. As time ticks away, injured victims can find themselves in financial trouble, especially if they are unable to earn as much as they could prior to the accident.
Meanwhile, bills keep piling up and many plaintiffs succumb to the financial pressure by accepting less than otherwise would be available to them if they were able to endure the long, drawn out legal process. By accepting “low ball” settlement offers, plaintiffs ease their immediate financial pain only to face hardship down the road if conditions do not improve.
In response to this unfortunate scenario, electrical accident lawsuit loans are used to bridge the gap between filing a lawsuit and its ultimate conclusion.
Electrical Accident Lawsuit Loans Offer a Solution
Electrical accident lawsuit loans are financial transactions where a plaintiff sells a portion of the future recovery in a lawsuit. In return, a lawsuit funding company advances cash directly to the plaintiff. In this way, the plaintiff can meet obligations and avoid accepting “low-ball” settlement offers as described above.
Electrical accident loans offer flexibility and immediate support. Lawsuit loan clients use electrical accident lawsuit loans to pay for:
- outstanding debts
- rent or mortgage payments
- medical treatment
- past medical bills and co-payments
- car or transportation
- tuition or student loans
- daily living expenses such as groceries, utilities, cable television, etc.
If You Have Any Questions, Call 888-964-2224
WE ARE HERE TO HELP YOU!
How to Qualify for Electrical Accident Lawsuit Loans
If you have an electrical accident lawsuit pending, you are eligible to apply for lawsuit funding from Fair Rate Funding. To apply for electrical accident lawsuit loans:
- You must have a valid and pending claim.
- You must have an attorney.
- Your attorney must be representing you on a contingency fee basis.
Getting Started with Lawsuit Loans
The process of obtaining a pre-settlement loan is easy.
- Fill out the Quick Application on this web page or give us a call at 888-964-2224.
- We contact you the same day to discuss your case.
- With your permission, we discuss your case with your lawyer.
- Once approved, we prepare a document for your signature.
- Once received, we deliver your funds via overnight courier or electronic bank transfer.
It’s really that simple! If you have any questions regarding electrical accident lawsuit loans or lawsuit funding in general, please do not hesitate to ask. We are here to help and are at your service.