Waht is FELA
FELA, which stands for the Federal Employers Liability Act, is a United States federal law enacted in 1908 to protect and compensate railroad workers injured while on the job. The railroad worker has to prove that the railroad was at least partly negligent in causing the injury.
FELA was created as a response to the high number of injuries and deaths in the late 19th century and early 20th century when the railroad industry expanded to six times its size in a short period of time. As railroad workers are not covered by traditional workers’ compensation laws, FELA allows these individuals to sue companies over their injury claims allowing monetary payouts for pain and suffering. These payout are decided by juries based on comparative negligence rather than pursuant to a pre-determined benefits schedule under a traditional workers’ compensation structure.
FELA accident injury settlements can be quite large and as such, the lawsuit process can become quite complex. If you or someone you know is involved in a FELA accident injury lawsuit and you need money now to pay bills, put food on the table or pay rent, fill out our quick application and a Thrivest Specialist will get back to you as soon as possible.
FELA Accident Causes & Injuries
According to an Office of Safety Analysis by the Federal Railroad Administration, the most common causes of railroad accidents are collisions, highway-rail & trespassing incidents, and derailments. Nearly 63 percent of all railroad accidents derive from track defects and human error with an additional 17% from equipment defects. Human errors include:
- inadequate braking
- improper loading of cargo
- maintaining unsafe speeds
- substance abuse
- failure to follow legally mandated safety regulations
- conductor or crew member negligence
- failure to sound the horn or be properly approaching train crossings
About FELA Worker Accident Injuries
Railroad employees are subjected to additional dangers and injuries, some of which occur in the short term, while others occur in the long term. These dangers and injuries can include asbestosis, benzene, inhaling diesel fumes, carpal tunnel syndrome, mesothelioma and other lung diseases, creosote, silicosis, exposure to chemical solvent, hearing loss, vision loss and general injuries to the back, feet, ankles, legs and spinal cord.
FELA Accident Pre-settlement Funding?
Thrivest Legal Funding, LLC understands that life doesn’t slow down when you’re involved in a lawsuit. Day-to-day living expenses still need to be met without the worry of “how” or “where.” When you need money, we’ll make our best effort to provide you with financial options to ensure you receive the optimal result for your construction accident lawsuit without having to settle for less because of financial pressure. Is legal funding right for you? Before you make a decision, download our Legal Funding Guide and utilize our Legal Funding Calculator.
Thrivest Legal Funding
The legal funding application and underwriting process is quite simple but the speed is entirely dependent on the availability of your attorney. First, you simply fill out our quick form or our full application.
From here, a Thrivest Legal Funding Specialist will reach out to your attorney and gather any necessary paperwork related to your case.
Third, after the paperwork is gathered the file will be analyzed by our underwriting department and if approved Thrivest will create a contract that must be signed by both the plaintiff and attorney. And finally, once the signed contract is returned, Thrivest can send the pre-settlement advance via check, debit card, or wire.
Legal Funding Benefits
The financial strain that comes along with a FELA accident injury claim often times forces a plaintiff to settle for much less than the case is worth. Thrivest alleviates that strain by providing quick, easy and affordable access to non-recourse funding for everyday living expenses. Unlike may competitors, funding decisions take hours, not days. And, you can use the money however you choose.
- If you lose, you don’t owe anything
- No invasive credit check
- Faster than a typical bank loan
- Simple streamlined administrative process
- No monthly payments
- No affect on credit score
- Competitive rates
- No risk
The Thrivest Difference
At Thrivest Legal Funding, we provide flexible financial options to help you meet your cash flow needs. Our friendly staff of funding experts guides each client from beginning to solution. We adhere to the principles of Quality, Honesty, Community, and Creativity. If you think our pre-settlement FELA accident injury legal funding solutions could be the right fit for you, please call one of our funding specialists at 888-697-7352. Or to apply online, simply Click Here and legal advance specialist will get back to you as soon as possible.