Workplace accidents are still a big problem in the United States. Each year, more than 800,000 American workers are forced to leave work due to a workplace injury or illness, according to the Bureau of Labor Statistics (BLS).
The injured worker and their family may face severe financial hardship due to a significant industrial accident. In addition to medical expenses, a worker may be forced to miss earnings for an extended period.
Workers’ compensation insurance provides much-needed financial stability, but the claims process may be lengthy at times. Compensation for employees Pre-settlement loans are convenient to get money when you need it the most.
You may find financing options available at GreenDay Online`s website, and you may apply for a loan for if you need money right now to meet your expenses while you wait for your workers’ compensation claim.
Our company is committed to providing wounded workers with better, faster, and less costly cash advances.
Please do not hesitate to contact one of our lending specialists for more information on your workers’ compensation financing options.
Workers’ compensation loans are not accessible in every state.
Our firm may be able to supply personal injury and automobile accident loans in practically every area in the United States.
Workers’ compensation settlement loans, on the other hand, are unavailable in the majority of states throughout the country.
Injured workers in the following states are eligible for pre-settlement money, subject to adjustment and verification:
- North Dakota
- Rhode Island
- South Dakota
- West Virginia
Because laws and regulations vary, you should check with one of our representatives to see whether we can offer financing in your state.
Please contact one of our legal finance experts as soon as possible to check your position.
We’d be happy to help you find answers to any questions you may have about the application process or your eligibility.
Workplace Injuries for Which a Workers’ Compensation Loan Might Be Available:
- Bones have been fractured.
- Accidental injury as a consequence of faulty equipment
- Injuries to the back or shoulders are common.
- An injury to the neck or head is a common occurrence.
- On-the-job-site mishaps
- Blindness or hearing loss
To assist you in paying your costs now is the time to apply for a Workers’ Compensation Loan
Employees’ compensation insurance guarantees that injured workers get financial compensation sooner after a significant accident.
This allows injured workers to pay for their medical bills and support their families.
Unfortunately, the workers’ compensation claims process is not always speedy in practice.
On the contrary, it may take months or even years for an injured worker to get the total amount of compensation to which they are entitled.
If you were hurt at work and haven’t received your workers’ compensation check yet, you may use your pre-settlement loan to:
- You must pay for your medical treatment.
- Make timely rent or mortgage payments;
- Ascertain that you have sufficient funds to meet your living expenses; and
- You should account for a portion of your unaccounted-for revenue.
Regardless of how much assistance you are entitled to, we always advise you to take just what you need to pay your bills and support your family.
What Is a Worker’s Compensation Settlement Loan and How Do I Get One?
The strength of the underlying legal case determines the number of settlement loans for workers’ compensation.
To determine if you are eligible for this kind of loan, our loan specialists will speak with your workers’ compensation attorney to determine your odds of getting future payments from workers’ compensation.
If your legal case is more substantial, if you are more likely to achieve a workers’ compensation settlement or continuing workers’ compensation payments in the future, your application for pre-settlement money is more likely to be approved.
To be clear, there are no expenses associated with obtaining a loan. Furthermore, neither your credit nor your employment history will be scrutinized.
You do not need a bank account to receive money. You can only get a litigation loan if you have a legitimate workers’ compensation claim.
No-Risk Workers’ Compensation Loan – You have to pay only if you win.
Workers’ compensation loans are non-recourse loans provided to persons who have been injured on the job. A potential workers’ compensation claim finances this kind of loan.
What if you fulfill all of the criteria for a loan but your application is denied?
There is no risk if you are approved for a workers’ compensation pre-settlement loan.
If your workers’ compensation claim is subsequently denied, you will keep the money you received and will never have to make any payments. We will only be compensated if you win your workers’ compensation case. Period.
Are you ready to apply for a Pre-Settlement Loan for Workers’ Compensation? Please contact us as soon as possible.
Our customer service representatives have made the lawsuit funding process as simple as possible, and you might be approved for cash in as little as 24 hours.
Please contact us to speak with a knowledgeable worker’s compensation settlement financing specialist.