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Jones Act Legal Funding

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If you suffer an injury or accident while at sea and you're pursuing a lawsuit under the Jones Act or Maritime law, you may need financial assistance as you gather evidence for your case or seek medical treatment.

Don't get overwhelmed by your finances. At Pegasus Legal Capital, LLC, we help plaintiffs in lawsuits obtain the funds in advance of their anticipated settlement. Our financial solutions include lawsuit funding for maritime accidents under the Jones Act.

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What Is Jones Act Lawsuit Funding?

The Jones Act, also known as the Merchant Marine Act, is a federal law that regulates shipping between U.S. ports. A provision of the law allows maritime workers to sue their employers for damages for injuries they sustain due to negligence or unsafe conditions caused by the employer.

Because of the complex nature of these maritime lawsuits, the legal process often takes months or even years to reach a settlement, which can have financial consequences for the plaintiff.

At Pegasus, we offer cash advances to plaintiffs who are likely to win a settlement from a maritime lawsuit. Our pre- and post-settlement funding can help you keep your financial ship afloat as the legal process unfolds.

Are Jones Act Lawsuit Loans the Same as Traditional Loans?

Technically, our funding solutions are not maritime lawsuit loans. Instead, we offer non-recourse borrowing options for plaintiffs. This process relieves your personal liability — you don't have to repay the advance if you don't win your lawsuit. We only collect money from your settlement if you win your case. Additionally, you can receive the funds without collateral or monthly payments.

Types of Jones Act Lawsuits We Cover

At Pegasus, we cover a variety of personal injury cases that may fall under the Jones Act, such as:

  • Slipping and falling on a poorly maintained ship deck
  • Faulty onboard equipment
  • Collision due to improper navigation
  • Getting hurt because of fatigue from excessive work hours

How Pre-Settlement Fund Helps Jones Act Lawsuit Plaintiffs

With pre-settlement funding, qualifying applicants have immediate access to a cash advance based on the details of their case. This allows you to cover all your expenses while waiting for your settlement. Even if it takes a significant amount of time for your case to settle, you can cover costs like:

  • Rent
  • Living expenses
  • Medical bills

Legal funding can also relieve pressures to accept a low settlement, allowing you to negotiate for a better outcome from a position of security.

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Who Qualifies for Jones Act Pre-Settlement Funding?

Depending on the details of the case, Pegasus can provide maritime legal funding to seamen injured while working on many types of vessels, including ships, yachts, cruise ships, barges, tugboats and container ships. Workers on oil rigs and platforms or those who perform their duties along inland rivers or other waterways may also qualify.

Why Trust Us for Maritime Legal Funding?

Pegasus is proud to be one of the best lawsuit funding companies in the nation. For over 15 years, we've served personal injury victims with integrity. Our transparent practices ensure our clients understand the resources available to them and the steps they need to take to qualify for funding.

We provide a fast application and review process, informing plaintiffs of our decisions within a few hours. Plus, our funding qualifications are not based on income or credit history — we look at your case parameters to determine if you qualify and for how much. That's because we are uniquely committed to making a positive impact.

Apply for Legal Funding for Jones Act Lawsuits

Do you need financial assistance as you await the decision on your Jones Act lawsuit? You can access critical funding while you wait for a settlement by calling 855-386-3968 or completing our online application.

  • If Pegasus approves your application for a cash advance and another legal funding company sends you a written contract to advance the same amount at a lower total cost, we will beat that deal or pay you $250 Guaranteed!

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