Jobs in the construction industry can be dangerous, which is why one in 10 construction workers is injured on the job each year, according to the Occupational Safety and Health Administration. What's more startling is that over the course of an average career in construction, workers have a one in 200 chance of succumbing to a fatal injury, such as a fall, which is the biggest cause of fatalities in construction. If you are an injured construction worker awaiting a settlement from worker's comp or insurance, then you may be tired of the wait – and construction accident litigation funding can help. This type of funding provides a cash advance against your settlement, so you can access money you need now, while you recuperate.
The so-called "Fatal Four" in the construction sector – including falls, electrocutions, and workers being struck by or caught between objects – aren't always fatal, but they can wreak massive damage on your body and leave you in horrific physical shape. An average of 3.6 workers out of every 100 are involved in construction accidents each year, according to the Bureau of Labor Statistics. Many workers find that spinal cord injuries, brain injuries, and back injuries leave them unable to earn a living as they move between multiple surgeries and months or more of physical rehab. Accident funding lessens the fallout caused by your lack of work.
Financial problems often arise while you are unable to hold down a job, and some families find their homes in foreclosure or are forced into bankruptcy due to the loss of income. Accident litigation funding provides an advance of a portion of your proposed settlement prior to reaching a settlement agreement with worker's comp. This non-recourse advance is not a loan; you do not repay the advance until you receive your payout – and there are no payments to make in the interim. Regardless of your credit, this settlement advance is possible, even without a job. Approval is based solely on the merits of your case. If the funding underwriters believe that your case is winnable, your approval is likely.
For workers injured on the job while doing construction, recuperation can be difficult and lengthy. With construction accident litigation funding, there's no need to strain your finances due to your injury. A simple application requiring details about your injury puts you on your way to funding. An underwriter reviews your information and makes a determination of your funding eligibility. Once your case is approved, your money is quickly delivered, so you can piece your life back together more quickly than waiting for a settlement payout. This non-recourse funding is not a loan, so you only repay the money extended to you if you win your case. Find out more by contacting Buckeye Legal Funding for a review of your case now.