If you were injured in Oklahoma and you’re seeking compensation, the process may be taking longer than you’d imagined. For many people, this puts them in a difficult situation. You may have medical bills and other expenses that you need to pay now, along with costs of living like rent, car payments, and groceries. When you have bills, those companies do not care if you’re waiting to get compensation. If you have expenses that you need to pay now, you have options. Preferred Capital Funding can provide you with Oklahoma lawsuit funding, so you can cross those payments off your list and wait for your fair settlement from your case.
What Types of Personal Injury Cases Are Common in Oklahoma?
Lawsuit funding can be a confusing concept to those who haven’t heard about it before. We provide the funds you need now so you don’t run into financial difficulties. Those who apply for legal funding are usually involved in a civil lawsuit where they were harmed by the negligence of someone else. Common personal injury cases that we see include motor vehicle accidents and workers’ compensation.
When an employee is injured on the job, they should be able to use their workers’ compensation to cover the cost of their injuries. Specifically, workers’ compensation in Oklahoma covers the following:
- Medical care for work-related injuries and illnesses
- Payment for lost wages, this also includes for temporary total disability situations
- Compensation if the person is permanently disabled from the accident
- Wrongful death benefits for the family
- Job placement and retraining if the worker cannot return to their previous job
It’s important to know the types of injuries that workers’ compensation will not cover. If an employee sustains injuries in their work parking lot or an area near their work, then they will not be able to seek workers’ compensation. Pre-existing conditions, drugs or alcohol, and social activity-related injuries won’t be applicable, either. An employee work break that is authorized by a supervisor and takes place inside the place of business will be covered, but work breaks generally are not. Sometimes, your physical injury can cause mental injuries as well. This will be covered unless the injury was caused by violent crime.
When you do have a workers’ compensation claim and you pursue legal action, you may need lawsuit funding. Let’s examine the qualifications that Preferred Capital Funding looks for.
What Are the Qualifications for Oklahoma Pre-Settlement Funding?
You have to be involved in a personal injury case where there is strong evidence that you will get compensation for what happened. We, along with your lawyer, take on the risk in giving you funding. If your case is unsuccessful, you do not have to pay us back in the state of Oklahoma.
Your legal representative also needs to be willing to work with us. We cannot approve your request otherwise.
You need to provide your name and contact information. We do not look into your employment history, financial history, or credit score. All we need to know is that you were wrongfully injured and are currently in the legal process of getting compensation.
Then, you need to decide on a requested amount. This should be done with your lawyer so you can calculate a reasonable request. You’ll need funding that can help you with your current financial situation, but you’ll want to avoid taking too much to prevent running into issues when it’s time to pay back the funding. Preferred Capital Funding offers amounts of $500 to $500,000.
Preferred Capital Funding Can Help Oklahoma Citizens
Our application process can be done online and only takes minutes. We simplify the process so you can get us the necessary information and we can approve your funding as quickly as possible. While some approvals can take a few business days, you could have the funding you need within a day. You can apply here.
Don’t let the legal process overwhelm you. With our help, you can get the breathing space you need to pay off your current expenses and give your case the time it needs.