Settlement Funding for Labor Law Cases
Fair Rate Funding helps clients obtain cash advances on their lawsuits.
Construction work is imminently dangerous especially during high elevation work using scaffolding, ladders or on top of roofs. A minor lapse in the worker’s concentration or focus could result in a fall or other serious accident.
Some states have implemented stringent requirements on property owners or other parties on construction sites for these reasons. For example, the State of New York enacted Sections 240 and 241 of the New York Labor Law Statutes and placed additional responsibilities on the property owner or general contractor for the safety of construction projects.
The following criteria for coverage under the statute set forth by the law:
- The accident must occur during the construction, demolition or repair of a building or structure and,
- The accident involves ladders, scaffolding, hoists, stays, slings, hangers, blocks, pulleys, braces, irons, ropes or similar devices and,
- The injury occurred because the device was not constructed or placed correctly or was not operated in a way which provided protection to the worker or where the employee should have been provided a device, but was not, and
- The accident was related to the elevation of the worker. In other words, the injury must have resulted from a fall from a working platform (ladder, scaffold, etc.) or something falling from a height while the victim was working at an elevation.
Labor laws provide compensation for the victim and help the prevention of accidents from happening in the first place. Although certain fact patterns may establish strict liability on the general contractor or property owner, the lengthy judicial process can be an obstacle for plaintiffs facing these types of lawsuits.
Injuries sustained are often severe and many plaintiffs will undergo significant treatment over an extended period of time. During the recovery process, the plaintiff still has to pay his/her bills, eat, and live.
With the significant cut in income because he/she is unable to work in the same capacity as before, many plaintiffs face financial difficulty and need cash now to keep up with daily living expenses. In instances like these, a settlement funding can be a great help.
Anticipating a large settlement at the end of your lawsuit, the settlement funding company can advance cash now. Various lawsuit advance companies offer these types of loans and may be what you need.
At Fair Rate Funding, we specialize in providing the lowest rates for settlement funding in construction accident cases.
Fair Rate Funding provides the lowest rates for lawsuit funding now against the proceeds of your case.
If you are not successful in your case, the advance does not need to be repaid. We take the risk and you can focus on more important things.
We know you have a choice of lawsuit settlement funding companies and are happy to assist you in your time of need.
To obtain settlement funding, please fill out the quick application form on this page. One of our agents will contact you to start the process. You can then simply sit back and allow Fair Rate Funding to work for you. We regularly process and provide lawsuit cash advances within 24 hours of receiving the paperwork from your attorney.
We provide settlement funding services for labor law lawsuits for the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, 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.