Post Settlement Funding – Advance Settlement FELA Cases
Post Settlement Funding FELA Cases. FELA, or the Federal Employers Liability Act, is a federal law that protects the rights and interests of all railroad workers. Many FELA cases conclude favorably for the plaintiff, but these cases are still complicated and can take years to reach a verdict or settlement.
A Brief History of FELA
Post Settlement Funding FELA Cases. Congress passed FELA in 1908 because railroad workers were frequently experiencing accidents on the rails, resulting in serious injuries or in death. Before the law was passed, railroad workers who were injured and family members of deceased workers were not entitled to any compensation, or even any response, from their employers.
However, FELA demanded that railroad employers be held accountable for any negligent actions that led to accidents, injuries, or death.
Thanks to an amendment to the bill that was passed in 1939, the modern version of FELA prevents employers from defending negligent actions by pointing out that railroad employees assume risk by agreeing to the terms of the job. Along with other more recent changes, this greatly improved the likelihood that a worker’s case would be fairly heard.
Potential Injuries Associated With Railroad Work
Post Settlement Funding FELA Cases. Railroad work is inherently risk, but FELA stipulates that it is the responsibility of railroad companies to ensure that the men and women employed to work on the rails can perform their responsibilities safely.
However, due to corporate oversights, out-of-date or malfunctioning equipment, or lax security and regulations, railroad employees still suffer numerous injuries and injuries on the job, including the following:
- Back & neck injuries
- Hearing Loss
- Exposure to toxins
- Loss of limb
- Burns
- Slip & fall injuries
- Loss of range of motion
- Electrocution
- Broken & fractured bones
- Loss of life
FELA Litigation
Post Settlement Funding FELA Cases. Though skilled attorneys are able to assist plaintiffs in taking FELA plaintiffs to court, these cases are often convoluted and long lasting. Both the plaintiff and the defendant must thoroughly investigate the incident in question and compare those investigation results to any official reports. In some cases, especially those that deal with manufacturing defects or collisions, multiple agencies will be involved in the litigation process.
Because of various systemic delays, affected railroad workers may wait years to receive a verdict or settlement that could cover back pay, medical benefits, or entitled protections.
Post-Settlement FELA Settlement Advances
Post Settlement Funding FELA Cases. If you are a railroad employee that has suffered as a result of your employer’s negligence, have undergone litigation and have been granted an award amount, but still have not received payout due to post-settlement delays, Balanced Bridge Funding can offer you help in the form of a post-settlement award advance.
To apply for legal funding, simply visit our quick form application at https://www.balancedbridge.com/apply. If you have any questions, comments, or concerns about our funding solutions, please give us a call at 267-457-4540 or get in touch with us through our contact page.
