Construction accidents are often catastrophic and can take a physical, emotional, and financial toll on the victims. It’s estimated that 1 in 4 workplace deaths in New York occurs on a construction site.
Workers’ Compensation and social security benefits may be available to the injured worker in Queens, NY, but personal injury litigation can also be pursued for additional compensation if a third party’s negligence contributed to your construction accident and injuries.
While a settlement can yield substantial monetary compensation, it is not easy to obtain. Workplace injury lawsuits as well as construction-related personal injury claims can take a long time to resolve as construction companies usually have vast resources at their disposal to mount a legal defense.
Fortunately, legal funding or a lawsuit loan can help you fight for the maximum settlement award in Queens, NY. You no longer have to worry about how you and your family are going to pay for the mounting bills or afford a drawn-out legal battle. You can borrow from your future settlement to pay for your current expenses.
Steps to Obtain Construction Accident Pre-Settlement Funding in Queens, NY
The wheels of the New York justice system turn slowly, which means several delays for injured workers waiting for their rightful compensation. Through a lawsuit loan, you can get money in the meantime to cover expenses like medical bills, mortgage/rent, property damage, utilities, groceries, loss of income, etc.
And the good news is that the online process of applying for and receiving this loan is an easy one:
- Fill Out the Application: Most reputable lawsuit funding providers will offer online applications on their websites, which only take a few minutes to fill out.
- Contact Your Attorney: After you submit the application, the company will contact your attorney to learn more about your case. Any details they gather will be kept strictly confidential.
- Receive Approval: Most applications are approved or denied within 48 hours.
- Sign the Contract: If your application is approved, the company will send over a contract for you and your attorney to sign (electronically).
- Get the Cash: Once approved, you will get the money within 24 hours via wire transfer, Western Union, or overnight check.
State Law Regarding Construction Lawsuit Loans in New York
Lawsuit loans are generally referred to as pre-settlement funding in New York. They are completely legal and are considered a non-recourse type of loan. This means the lender uses your potential future settlement as collateral instead of your personal financial situation, like employment status or credit history. If you don’t win the settlement, you don’t have to pay anything to the lawsuit loan provider.
The New York State Bar Association stipulates that lawyers are not allowed to provide a cash advance to the plaintiff directly. But they may help their clients to get a lawsuit loan from third parties.
New York also adheres to the pure comparative negligence statute. If you get injured on a construction site and even if you were 99% responsible for the accident, you will be allowed to seek compensation.
Pertaining to this, the total damages will be diminished by your fault percentage. So, if your damages come to around $30,000 and you were 50% responsible for the incident, you would receive $15,000.
Past Cases in New York Related to Construction Injury
In a recent case in the Bronx, NY, a construction worker sustained wrist injuries due to a faulty saw. The victim not only ended up with serious lacerations on the left hand but also a lifelong condition called Complex Regional Pain Syndrome (CRPS). They were awarded an $11,500,000 settlement.
Another case involved a worker who slipped and fell off a ladder of a dump truck and was impaled on an unsealed vertical bar. A New York jury awarded them $3,975,000 in compensation.
Statistics on Construction Accidents and Injuries in New York
Compared to the national average, the fatality rate from construction accidents is way higher in New York. In 2020 alone, 24% of all worker deaths happened on construction sites, according to the New York Committee for Occupational Safety and Health. Falls from roofs led to 11% of deaths, falls from ladders led to 16%, while falls from scaffolding contributed to 25% of fatalities.
Average Time It Takes to Get a Construction Lawsuit Cash Advance in Queens, NY
Once your application is approved, the lawsuit loan company can send you the wire transfer or a check within 24-48 hours. The process is so quick because technically speaking, lawsuit funding is not a loan. Think of it as borrowing money from your future settlement.
Factors That Could Cause Your Loan Approval to Take Longer Than Usual in Queens, NY
Usually, lawsuit funding may take anywhere from one to two days. However, in some cases, it can take longer. These include factors such as:
- Lack of Information: Getting information about a case quickly and efficiently is key to how promptly you can receive the funding. If you or your attorney fail to provide all of the relevant information, it can lead to delays.
- Complexity: Sometimes, in construction accidents, it can be hard to pinpoint the party responsible for the accident. It could be the property owner, the construction company, equipment manufacturers, or another 3rd party. This adds complexity to the case, which needs to be evaluated thoroughly by the loan company to make an accurate assessment.
Factors That Can Expedite the Construction Accident Lawsuit Funding Approval Process in Queens, NY
- Providing documents such as insurance information, medical reports, and incident reports is critical to quick approval.
- Providing all the essential documentation pertaining to the case ensures fast approval.
- Making your attorney aware of the lawsuit loan you’re applying for is also important; this will help them be ready for the brief phone interview with the lender.
Common Causes of Queens, NY Construction Accidents and Injuries
Putting work schedules and costs ahead of worker safety is a common phenomenon on construction sites. When employers push their workers to finish a job at the lowest possible cost and as fast as possible, critical safety precautions may fall by the wayside.
Some of the most common causes of construction site accidents include:
- Lack of protection for workers (and passersby) on the ground from falling objects
- Lack of protection for workers on elevated structures
- Tripping hazards from construction debris and materials
- Unsafe equipment
- Missing protections or guards on power tools
- Lack of protection for workers in trenches
- Lack of safety precautions when working near power lines
- Unsafe property conditions
Types of Construction Accidents & Injuries Eligible for Legal Funding in Queens, NY
Settlement loans can provide coverage for construction workers injured due to any type of construction site accident, including:
- Falling from a height
- Crane, bulldozer, or other construction equipment injury
- Hit by falling objects
- Scaffolding collapses
- Fires or explosions
- Mold inhalation
- Exposure to toxic fumes
- Electrocution by exposed wires
If you have sustained any of the following injuries in a construction accident, you will likely qualify for pre-settlement funding:
- Traumatic brain injuries (TBIs)
- Reflex sympathetic dystrophy syndrome (RSD)
- Spinal cord damage/ spinal disk rupture
- Electrical or chemical burns
- Blunt trauma
- Fractures and broken bones
- Severe lacerations
- Amputations
- Crush injuries to fingers, hands, feet, legs, etc.
- Wrongful death of a family member
Hospitals and Medical Centers in Queens, NY
If you have suffered an injury due to a construction accident, it’s important to seek medical attention right away. Even if you don’t feel any pain at the time, you need to be evaluated by a professional for not-so-obvious internal injuries. Major hospitals in Queens, New York include:
- Queens Hospital Center
- Mount Sinai Queens
- New York-Presbyterian Queens Hospital
- Flushing Hospital Medical Center
- Elmhurst Hospital Center
- Long Island City Health Center
- Jamaica Hospital Medical Center
- NYC Health + Hospitals/Gotham Health, Springfield
Get Construction Injury Lawsuit Cash Advance in As Little as 24 Hours in Queens, NY
Suing a Queens, NY construction company, contractor, or a third party often means going up against multi-million-dollar organizations that have enormous resources at their disposal. They know exactly how to delay legal proceedings, so they can pressure you to settle for less than you actually need to recover from the accident.
Instead of accepting the low settlement offer from your employer’s insurance company, contact Direct Legal Funding for a construction lawsuit loan in Queens, NY within 24 hours. Money can be deposited in your bank account within a day after you get approved.
Fill out the form on our website to start the process today for FREE. You can also call us at 866-941-5588 or contact us online to speak with a team member about your application.
