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Third Party Accident Lawsuit Funding

Third Party Lawsuit Funding

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Fair Rate Funding helps clients get third party accident lawsuit funding.

Third party accident lawsuit funding is often a necessary part of workers’ compensation cases. Workers’ compensation cases are the result of “third party” carelessness or in other words, another person/entity was the cause of the worker’s injury. In this situation, the worker can claim both workers’ compensation benefits and negligence against the “third party”.

In this case, the impending money award is not married to the applicable statute. This benefits the employer, the workers’ compensation insurance carrier, and the victim. The reason is because the money put out for benefits, which includes medical costs and/or the permanency award, must be at least partially paid back from the third party’s case proceeds.

With regard to these types of lawsuits, the workers’ compensation claim is normally prosecuted. To obtain the difference between what was received in the workers’ compensation claim and the “real” damages (which would be decided by a judge), the victim must file a lawsuit against the third party, leading to the necessity of third party accident lawsuit funding.

For example, a worker hurt while preforming a task associated with a normal workday, like driving a truck, must file a claim against his workers’ compensation carrier and an automobile accident lawsuit against the party at fault in the accident when that party is someone else. The party at fault is then responsible for giving the victim the amount of damages he/she is lawfully entitled to.

Although the above is true, these are civil litigation cases, which are subject to requiring a lot of time to be resolved and even more when severe injuries are sustained. As the case is processed, the costs add up quickly because the plaintiff needs to be paid as well. During this time, the victim is not bringing in money because said victim can no longer work as efficiently as before the accident. To resolve this financial difficulty, many claimants need a case loan or third party accident lawsuit funding while the legal process transpires to keep up with costs.

In cases like these, an advance on a loan can be acquired against the third party case. A legal funding company or third party accident lawsuit funding company can deliver a case loan at the present moment in anticipation of a large settlement when a conclusion in the lawsuit is reached. Many lawsuit advance corporations offer these (case) loans, which could be right for you.

Fair Rate Funding specializes in delivering the lowest rates for case loans before a conclusion is reached in workers’ compensation claims and third party cases. Fair Rate Funding delivers the lowest costs for lawsuit cash now against what is acquired from your case. We do not expect a loan repayment if you do not receive a settlement. The lender of the loan holds all the risk. The money is loaned out in advance to help you get your life back on track.

We realize you have a variety of lawsuit funding and third party accident lawsuit funding companies to choose from and are glad to assist you during your difficult time. We have attached a submission form on this page to help you get your case loan the fastest and simplest way. Once the form is submitted, one of our representatives will contact you immediately to begin the process. At that point in time, you are welcomed to relax and let Fair Rate Funding do its job. Once the paperwork is received from your attorney, we commonly process and deliver pre settlement cash loans within 24 hours.

These are the states we offer case loans to for third party incidents: 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, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.

We appreciate you choosing Fair Rate Funding for your third party accident lawsuit funding.

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A staffer at a Chelsea homeless shelter has filed suit against the city of New York and the shelter itself after being repeatedly harassed and finally groped by clients of the shelter.

Third Party Lawsuit Funding
Third Party Lawsuit Funding

Irene Spear, age 42, filed suit against NYC and BRC Shelter on West 25th after she claims to have been assaulted by clients while working for the shelter. Spear had been working for the shelter since 2011. Her job responsibilities included keeping track of about 50 male residents, escorting them to receive medication or to the cafeteria for meals. Spear claims that much of the time she was made to supervise the residents by herself, or else with the assistance of a single other female employee. Spear claims she was always concerned about the security of the shelter, and voiced her concerns to supervisors.

Spear’s suit comes after an incident in April of 2013, when 26 year old Jeorge Smith, a resident of the shelter, groped her butt and leg while she was putting away a chair in the shelter’s T.V. lounge. According the lawsuit, there were no security guards on the floor at the time, and Spear had to escort herself to the office to call the police while Smith followed, laughing the whole time.

This was not Spear’s first encounter with sexual assault while working for the shelter, either. Back in 2012, a male resident forcibly kissed her on her cheek while in an elevator. Spears reported the assault to her supervisor who, for unknown reasons, chose not to report the incident to the police.

Since the latest attack, Spear is unable to work and is undergoing therapy to cope with panic attacks. She claims to have fallen on financial hardship as a result of the lawsuit and is now homeless herself.

Sad as Spear’s story is, it exemplifies the extent to which a civil proceeding can affect a person’s finances. In cases like this, where the sheer financial burden of a court proceeding begins to negatively affect a plaintiff’s well-being, securing third party lawsuit funding could provide a plaintiff with the financial support they desperately need.

Third Party Lawsuit Funding Offers Financial Assistance to Plaintiffs

Third party lawsuit funding from Fair Rate Funding can be made available to plaintiffs in a variety of civil lawsuits. Settlement funding provides a cash advance; money that can be used to pay medical bills, legal fees, or any other expense. These funds do not have to be paid back unless the plaintiff wins their case.

Third party lawsuit funding, unlike a traditional loan, is awarded based on the strength of your suit, not your credit or employment history. The funds can be made available and accessed in as little as 24 hours and there no upfront fees required to secure settlement funding, which means that even cash strapped plaintiffs can turn to Fair Rate Funding for assistance.

For those involved in long and costly lawsuits, third party lawsuit funding could be the support you need to keep up your fight for a fair judgment or a better settlement. Don’t fold under pressure, let Fair Rate Funding help!

https://www.dnainfo.com/new-york/20141028/chelsea/worker-at-controversial-chelsea-mens-shelter-groped-harassed-suit

 

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