Yes, you can apply for legal funding. Workers’ compensation provides benefits like wage replacement and medical coverage, but insurers can delay, reduce, or dispute these claims. Over time, as unpaid benefits accumulate, especially in cases involving severe or permanent injuries, the value of the claim increases. This growing liability often leads insurers to negotiate a lump-sum settlement that reflects the total benefits owed, plus projected future costs.
Mustang Funding offers non-recourse pre-settlement lawsuit funding to plaintiffs with active litigation claims, including workers’ comp, as long as they are represented by an attorney. However, availability may vary by state, as some jurisdictions restrict pre-settlement funding for workers’ comp claims. Be sure to check your state’s regulations before applying.
How Workers’ Comp Claims Can Lead to Significant Settlements
If you’ve suffered a serious workplace injury, here’s how these claims can result in substantial settlements:
- Permanent Disability Increases Payouts. If your injury results in a permanent partial or total disability, the compensation you’re entitled to can be much greater. Settlements account for long-term wage loss and the lasting impact on your ability to work.
- Ongoing Medical Care Increases Value. Severe injuries that require surgeries, physical therapy, medications, or future treatments increase the cost of your claim. Insurers often agree to larger lump-sum settlements to avoid paying for future care indefinitely.
- Loss of Earning Capacity Is Compensable. If you can no longer return to your previous job or must work in a reduced capacity, you may receive compensation for diminished earning potential. This is especially true in cases involving skilled labor or specialized roles.
- Vocational Rehabilitation Adds to Settlement Value. Some workers’ comp settlements include funds for job retraining or education to help you transition to a new career. These benefits can raise the total settlement amount.
- Disputes Can Lead to Negotiated Payouts. If there’s disagreement over the extent of your injury, your ability to work, or the insurer’s liability, your attorney may negotiate a higher settlement to resolve the dispute without prolonged litigation.
- Lump-Sum Buyouts Can Maximize Value. Many insurers prefer to settle high-value claims with a lump-sum payout, which may include projected future benefits. This option provides immediate financial relief and avoids continued dealings with the insurance company.
Pre-settlement funding helps level the economic playing field against insurance companies. With adequate resources, you and your attorney are better equipped to pursue the workers’ comp claim to its full potential.
How It Works
Here is how pre-settlement funding works. Consult your lawyer to ensure it’s available in your state for workers’ comp. A lawsuit advance helps you address immediate financial needs, e.g., mortgage, rent, utilities, while you await settlement for your claim.
You receive funds upfront, and if your case is successful, we collect an agreed-upon return from your share of your settlement. Because it’s non-recourse, you owe nothing if your case isn’t successful. Essentially, we assume the risk.
The application process is simple and straightforward. Complete and submit a no-risk online application with Mustang Litigation Funding. There is no credit check for this type of legal financing. Instead, we contact your attorney to learn more about your case so we can prepare a proposal based on the likelihood of a good outcome.
Contact Mustang Funding Today
If you are waiting for a workers’ compensation settlement, you may be eligible for litigation funding. With personnel having 100+ years of combined investment experience and 50+ years in litigation finance, we’ve empowered 5,000+ civil litigants and 800 law firms. Learn more from our Ultimate Guide to Pre-Settlement Funding. Have questions? Contact us today.
About Mustang Funding
Mustang Funding, founded in 2018 and based in Wayzata, MN, is a litigation finance company dedicated to empowering individuals and law firms nationwide with transparent and innovative financial solutions. With over $170 million funded, 10,000+ checks issued, and more than 3,000 cases financed, Mustang provides plaintiff pre-settlement funding, law firm financing, and commercial funding to meet diverse client needs. Their commitment to transparency, integrity, and expertise sets them apart, offering tailored financial support to plaintiffs, businesses, and legal professionals. By bridging capital gaps and fostering access to justice, Mustang Funding continues to lead the legal asset investment industry with a strategic, inclusive, and forward-thinking approach.
