Train Accident Lawsuit Funding

The first common carrier railroad in the United States, was chartered in Baltimore and presumed the name B&O. That same year railroad workers begin the construction of what becomes one of the most popular railroad in the world. While the laws have drastically changed, injuries are still common place for those people that work and travel on our railroads. If you have been injured due to a train accident and are seeking a lawsuit cash advance, you may qualify depending upon the strength of your case.

There are millions of people who travel on trains each day. The number of passengers has recently increased due to high gas prices and populated roadways. The Federal Highway Administration (FHA) reports that a train accident occurs almost every 2 hours.

The most common accidents occur due to:

  • derailment of the train,
  • collisions with motor vehicles & other trains
  • mechanical problems
  • lack of security
  • slip & falls
  • conductor negligence

Although never expected, when a train accident occurs the results are often catastrophic and oftentimes passengers and workers are killed. The Federal Railroad Administration reports 1000 people lose their lives as a result of a railroad & train accident. The laws surrounding a train accident are very complicated and oftentimes can take years before settlements are reached.

Worker related Accidents –
Federal Employers Liability Act (FELA)

If you are a worker on the railroad you may have been injured due the negligence of your employer or another worker. As a worker your employer must adhere to certain rules and regulations that are put in place to assure safe conditions. While many railroad & train companies comply with these regulations, there are cases in which a company acts in a negligent manner. Many of the injuries happen because of:

  • poor working conditions
  • safety hazardous & defective equipment
  • exposure to asbestos (older railroad stations)
  • exposure to diesel fuel & toxic materials
  • lack of safety equipment
  • lack of adequate training on the job

If you have been injured on a job you should immediately seek medical attention. You may also want to report your injury to your company. It is always a good idea to document the incident, gather names of witnesses and take pictures. By doing so, it gives you a better chance of getting fair compensation for your injury.

When someone is seeking lawsuit funding for a railroad injury or train accident they typically don’t have the time to wait for there case to settle. Lawsuit funding for a train accident is typically a pre settlement loan issued by a lender. The lawsuit loan should come as non recourse meaning you don’t pay back the loan if you’re not successful in winning compensation for your case. Settlement advances for train accidents are common for those families that need help paying medical expenses and living costs.

If you currently have legal representation from an attorney you may qualify for lawsuit funding.

Content Provided by LawLeaf

LawLeaf, an online lawsuit funding service helps plaintiffs and victims of accidents secure pre settlement advances. If you are currenly looking for additional information on train accident lawsuit funding visit LawLeaf today.

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