You get hurt at work in January. You file your workers’ compensation claim in February. Your employer’s insurance company accepts liability in March but disputes the extent of your injuries. Independent medical examinations drag through April and May.
Your attorney files for a hearing in June. The hearing is scheduled for September. Meanwhile, your savings run dry, your credit cards max out, and your bills pile higher every month. Pegasus Legal Capital understands that bills don’t waitāand neither should you. Our New Mexico personal injury pre-settlement funding provides non-recourse cash advances.
With our funding system, if your case doesn’t result in a settlement, you owe us nothing. That’s the power of risk-free legal funding when your compensation comes slower than your bills arrive. See if your case qualifies for New Mexico workplace injury pre-settlement funding now.
Why Workers’ Compensation Claims Take So Long
After reporting your workplace injury, your employer has specific timeframes to investigate and file paperwork with their insurance carrier. The insurance company then evaluates whether to accept or deny your claim, a process that can take weeks or months depending on case complexity.
Even when claims are accepted, disputes over medical treatment frequently extend timelines. Insurance adjusters may require multiple medical opinions before approving surgeries, specialist referrals, or ongoing therapy. Each disagreement adds weeks to your case while medical bills continue accumulating.
Instead of waiting months or years for your workers’ compensation settlement, you can access New Mexico pre-settlement funding now based on your case’s expected value. The funding helps you maintain financial stability while the legal process unfolds at its own pace.
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How New Mexico Workplace Injury Non-Recourse Funding Removes Your Financial Risk
Traditional loans create obligations regardless of outcomes. You borrow money, you repay itāwhether your income situation improves or not. Legal funding through Pegasus Legal Capital works completely differently because it’s based on your lawsuit outcome, not your personal finances.
When we provide a non-recourse cash advance for your workplace injury case, we’re investing in your legal claim. If your case succeeds and you receive a settlement, we’re repaid from those proceeds. If your case fails or you receive nothing, you keep the money and owe us nothing. We assume all the risk.
This structure matters enormously for injured workers who’ve already lost income due to workplace injuries. You’re not adding debt that could haunt you for years. You’re not risking your home, car, or other assets as collateral. You’re simply accessing a portion of your expected settlement early, with repayment contingent on your case’s success.
Common New Mexico Workplace Injuries Eligible for Funding
Construction accidents dominate workplace injury claims in New Mexico. Falls from scaffolding, ladder accidents, and injuries from defective equipment create serious trauma requiring extended recovery periods. These cases often involve disputes over permanent impairment ratings that delay final settlements.
Oil and gas industry workers face unique occupational hazards. Explosions, chemical exposure, vehicle accidents on remote job sites, and equipment malfunctions cause catastrophic injuries. The complexity of these casesāoften involving multiple parties and extensive investigationāextends claim timelines significantly.
Here are additional workplace injuries that commonly qualify for pre-settlement funding:
- Back and spine injuries from lifting, repetitive motion, or fall accidents
- Traumatic brain injuries from construction falls or struck-by accidents
- Burn injuries from electrical work, welding, or chemical exposure
- Crushing injuries from heavy machinery or equipment failures
- Respiratory conditions from prolonged dust or chemical exposure
- Amputation injuries requiring prosthetics and extensive rehabilitation
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The Application Process for New Mexico Workers
Applying for workplace injury pre-settlement funding in New Mexico requires minimal paperwork and no credit checks. You don’t need current employment, perfect credit, or extensive financial documentation. The application focuses entirely on your legal case strength and expected settlement value.
Contact Pegasus Legal Capital by phone or complete our online application to start. We collect basic information about your workplace accident, current medical treatment, and your attorney’s contact details. Our team then coordinates with your attorney to review case specifics and documentation.
What Your Attorney Provides
Your attorney plays a key role in the funding process. We need confirmation of your legal representation, case details including liability and damages, expected settlement range and timeline, and any existing liens or obligations.
Most attorneys readily cooperate because pre-settlement funding benefits their clients by removing financial pressure to settle prematurely.
Here’s what you need to apply:
- Active workers’ compensation claim or third-party lawsuit with attorney representation
- Details about your workplace accident and resulting injuries
- Information about your medical treatment and work restrictions
- Your attorney’s name and contact information
After Approval
If your application is approved, you choose your funding delivery method. Direct deposit or check options are available. Funding amounts typically range from $500 to thousands of dollars, depending on your case’s expected settlement value.
Your pre-settlement funding consultation is free ā contact us today!
About Pegasus Legal Capital
Pegasus Legal Capital has served as America’s trusted legal funding partner for over 15 years. Since 2007, we’ve provided more than $500 million in pre-settlement funding to over 15,000 clients nationwide. Our experience evaluating workplace injury cases helps us understand which claims have strong settlement potential.
As direct funders rather than brokers, you work with us throughout the entire process. This eliminates unnecessary middleman fees and simplifies communication. Our membership in the American Legal Finance Association demonstrates our commitment to industry standards and ethical business practices.
Serving New Mexico’s Diverse Communities
Our bilingual staff serves both English and Spanish-speaking clients throughout New Mexico. We understand the state’s diverse workforce and provide culturally competent service regardless of language barriers. Our 24/7 availability ensures you can reach us when financial emergencies arise.
Get Financial Relief While Your Case Proceeds
Your workplace injury has already disrupted your income and created medical expenses. Waiting months or years for workers’ compensation settlement shouldn’t force you into a financial crisis.
New Mexico workplace injury pre-settlement funding provides the bridge between your accident and your eventual compensation, letting you maintain stability while your attorney works toward the settlement you deserve.
Contact Pegasus Legal Capital today for your free case review and discover how non-recourse legal funding can support you through your workers’ compensation claim.
Your pre-settlement funding consultation is free ā contact us today!