Pre-settlement Funding for Jones Act and Maritime Lawsuits
The Jones Act, formally known as the Merchant Marine Act of 1920, is a pivotal federal law that safeguards the rights of “seamen” by enabling them to seek compensation for injuries resulting from employer negligence or unsafe working conditions.
This legislation is crucial for maritime workers, including seamen and longshoremen, who often encounter significant challenges following an injury while on a boat or ship. These challenges include financial strain due to lost income and mounting medical expenses.
That’s why Express Legal Funding offers Jones Act lawsuit funding as a financial lifeline for these injured workers, helping them manage their expenses during protracted legal battles.
⚓ 💸 Contact us today at (888) 232-9223 or Apply Online to secure the cash relief you need for your Jones Act and maritime injury lawsuit.
What Is the Jones Act?
- Definition and Purpose: The Jones Act is a federal statute that protects seamen injured due to employer negligence, allowing them to file claims for damages.
- Eligibility: To qualify for a Jones Act claim, an individual must be considered a “seaman,” which entails:
- A significant employment-related connection to a vessel (ship or boat) in navigable waters.
- Spending a substantial portion of working time on that vessel.
- Performing duties that directly contribute to the vessel’s function or mission.
- Essentially, a substantial connection to the vessel and vital work to its operation is required.
While the Jones Act only applies to seamen, related laws like the Longshore and Harbor Workers’ Compensation Act (LHWCA) extend protections to workers such as harbor employees and dockhands who may not meet the seaman criteria but are involved in maritime industry operations.
Types of Maritime Injury Claims
- Negligence Claims: Filed when an employer’s negligence results in a worker’s injury.
- Unseaworthiness Claims: Pertains to unsafe vessel conditions, such as defective equipment or inadequate crew training.
- Maintenance and Cure Claims: Covers basic living expenses and medical care during recovery.
Challenges Faced by Maritime Workers After an Injury
- Loss of Income: Long recovery periods can lead to significant income loss due to missed work.
- High Medical Bills: Injuries often necessitate costly medical treatments and rehabilitation.
- Lengthy Legal Battles: Pursuing compensation under the Jones Act can be a prolonged process.
What Is Jones Act and Maritime Lawsuit Funding?
Jones Act and maritime lawsuit funding is a specialized financial assistance designed to help injured maritime workers manage their expenses while pursuing compensation for their injuries.
Workers covered under the Jones Act, and others in related maritime industries, often face financial hardship due to lost wages, mounting medical bills, and the lengthy nature of legal proceedings.
Lawsuit funding provides a practical solution by offering non-recourse cash advances to support injured workers during this challenging time.
How Is Jones Act Lawsuit Funding Different from a Loan?
- Non-Recourse Funding: Unlike traditional loans, this funding is non-recourse, meaning you only repay the amount if you win your case. If your claim is unsuccessful, you owe nothing.
- Based on Case Value: The amount of funding you can receive is determined by the strength and potential value of your legal claim.
- Quick and Simple Process: After applying, the funding company works directly with your attorney to evaluate your case and, if approved, disburses funds in as little as 24 hours.
Purpose of Jones Act and Maritime Injury Lawsuit Funding
The primary goal of this funding is to alleviate financial pressure, enabling injured workers to focus on their recovery and legal battles without the added stress of daily living expenses. It serves as a financial bridge to cover essential costs until a settlement or verdict is reached.
What Expenses Can Jones Act Funding Cover?
Pre-settlement funding for Jones Act and maritime lawsuits can help injured seamen with:
- Rent or mortgage payments.
- Medical expenses, including surgeries, therapies, and medication.
- Utilities and household bills.
- Groceries and other basic living needs.
- Childcare or educational costs.
- Transportation for medical appointments or court appearances.
Who Benefits From Maritime Accident Funding?
The following individuals can benefit the most by obtaining a pre-settlement advance on their maritime accident claim:
- Injured maritime workers covered under the Jones Act, including seamen, deckhands, engineers, and offshore workers.
- Dockworkers, harbor employees, and other maritime industry workers covered by related laws.
- Families pursuing wrongful death claims for loved ones lost in maritime accidents.
Why Is Lawsuit Funding Necessary for Injured Maritime Workers?
Maritime injury cases often take months or even years to resolve, leaving workers without income during their recovery. Many injured workers are unable to wait for their settlement due to the urgent need to pay bills, buy food, or cover medical costs.
Jones Act and maritime lawsuit funding ensures these workers don’t have to settle for less compensation than they deserve simply because of financial strain.
How to Get Jones Act Funding?
- Application: Submit an application online or by phone.
- Attorney Collaboration: The funding company contacts your attorney to evaluate the case.
- Approval and Disbursement: Receive funding within 24 hours after approval.
Advantages of Jones Act and Maritime Lawsuit Funding
- Financial Relief: Covers living expenses, medical bills, and other costs.
- No Risk: Repayment is only required if you recover money from your case.
- Focus on Recovery: Reduces financial stress, allowing you to concentrate on healing.
Common Misconceptions About Maritime Lawsuit Funding
- Myth: It’s a loan with high interest.
- Reality: Non-recourse funding is not a loan and has no repayment obligation if the case is lost.
Why Choose Express Legal Funding for Pre-settlement Cash Advances on Jones Act Cases?
- Expertise and Experience: Specializes in pre-settlement funding for all types of injury claims, including maritime injury cases.
- Transparent Pricing: Offers low rates with no hidden fees.
- Fast Application Process: Direct funding with no intermediaries.
Apply for Lawsuit Funding on Your Jones Act Claim Today!
FAQs About Jones Act and Maritime Lawsuit Funding
Read this section to get answers to the most common questions asked by people wanting to understand how non-recourse Jones Act lawsuit funding works:
What types of expenses can legal funding cover?
Legal funding can cover a wide range of essential expenses, including rent or mortgage payments, medical bills, utilities, groceries, childcare, and transportation costs. This financial support ensures you can manage your daily living expenses while waiting for your settlement.
How much funding can I receive for my maritime injury settlement?
The amount of funding you can be approved for depends on the strength and value of your case, as well as your specific financial needs. Express Legal Funding provides flexible funding amounts tailored to each case.
How does non-recourse funding work for Jones Act Claims?
Non-recourse funding means you do not have to repay the advance if you lose your case. Unlike traditional loans, it does not require credit checks, collateral, or employment verification.
The approved funding is based solely on the strength and potential value of your Jones Act lawsuit with repayment contingent upon the existence of there being proceeds from the claim.
Will my attorney need to approve the maritime accident lawsuit funding?
Yes, your attorney plays a vital role in the funding process. The funding company works closely with your attorney to evaluate the case, ensuring that the funding terms align with your legal interests. Your attorneys will also need to sign their acknowledgment of your instructions (within your irrevocable letter of direction) to repay the funding at the time of the settlement check disbursement.
How long does the funding process take for a Jones Act case?
The funding process is designed to be quick and efficient. Once you submit an application, the funding company contacts your attorney to review the case. In most instances, approvals are granted within 24 hours of your attorney communicating with the legal funding company, and funds are disbursed shortly after.
Take the First Step Toward Financial Relief Today!
Don’t let financial stress derail your recovery or your pursuit of justice. Apply for Jones Act and maritime lawsuit funding now and secure the support you need to stay focused on maximizing your claim.
- Apply Today: Fill out our quick and easy application online or call us now.
- Fast Approval: Most applications are reviewed within a couple of hours of us getting them.
- Risk-Free: Repay only if you settle or win your case.
Start your journey to financial stability now. 🟢 Apply for fast legal funding today, and let us help you navigate the road to justice!