The lawsuit process for a Federal Employers' Liability Act (FELA) case takes time. These proceedings seem even longer for someone injured or otherwise harmed in a railroad incident.
If you're waiting on a resolution or settlement for your case, turn to Pegasus Legal Capital, LLC for pre- or post-settlement financing. We can get a portion of the settlement amount to you within 48 hours.
The Essentials of FELA Funding
FELA protects railroad workers injured on the job due to employer negligence. Because of this law, railroad workers can seek legal compensation for the injuries they've endured. While you have a legal right to file a lawsuit, gaining access to the money may take time.
FELA pre-settlement funding supports those undergoing the lawsuit process for a railroad injury. It gives you a cash advance on part of the amount you expect to gain through the legal system. Pegasus offers this financial option with non-recourse advances, meaning you only pay us back if you win. We also provide some of the lowest rates in the industry, as low as 1.67% per month.
Distinctions Between Loans and Lawsuit Funding
Lawsuit advances are a specialized form of support given to those going through the legal process. Our financing has several differences from a typical loan:
- Approval: You can get approved based on your case details instead of a credit check or employment history review.
- Interest: Regular loans include compound interest. Our cash advances have a set monthly interest to lessen the impact on your settlement amount.
- Liability: You only pay us back if you win the case. If you lose, you keep the cash advance amount.
- Repayment: Instead of making monthly payments, you can leave repayment to your lawyer. They will take the advance amount from your settlement.
Categories of FELA Claims We Cover
Our legal funding applies to numerous FELA claims, such as negligent train collisions or derailments. You could also seek an advance for a slip and fall on the tracks or a repeated injury, such as sprains or strains from heavy lifting. Our coverage applies to significant cases like the death of a loved one, crush injuries and explosions.
Are You Eligible for FELA Lawsuit Settlement Funding?
You can apply for this financing if you or a loved one was injured while working for a railroad, have filed a FELA claim and work with a lawyer. Once you apply, the severity of your case will determine the financial support received.
How Plaintiffs Benefit From Pre-Settlement Funding
Here are a few ways that pre-settlement cash advances improve your life:
- Covering medical bills: A cash advance can cover everything from a hospital stay to rehabilitation.
- Paying for legal aid: Get the funds for high-quality legal coverage for better case outcomes.
- Supporting living expenses: Apply for a cash advance to buy groceries, pay your mortgage or make up for lost income.
Why Trust Us for FELA Funding for Lawsuits?
We are a reputable funding company with over 15 years in the lawsuit financing industry. Throughout our time in this sector, we have provided advances for numerous cases, including FELA lawsuits. Besides our extensive expertise, we genuinely care for those seeking support. Our team willingly provides any details you need and walks you through the process so you always have someone by your side.
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Toll Free: 1-855-FUND-YOU
Toll Free: 1-855-386-3968
Email: info@mylawfunds.com
Address:
800 Fairway Drive Suite 440
Deerfield Beach, FL 33441
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