Wrongful Termination Can Be Funded
Being fired is a stressful experience. It’s not only the humiliation you feel but the anxiety of how you’ll support your family while trying to land another job. It is all the more stressful if you were fired without valid reasons and were a victim of wrongful termination. If so, you can file for a wrongful termination claim.
Have You Been Wrongfully Terminated?
In simplest terms, wrongful termination means that you were discharged from work for an illegal reason. However, proving that you’re a victim of such is often difficult since the burden of proof is on your side.
You need to show evidence of wrongful termination when employers often chalk it to poor performance, workplace misconduct, or absenteeism. Thus, hiring an experienced employment lawyer may be necessary to help you build your case and look for evidence of an illegal and wrongful discharge.
To apply for free, call (877) 735-0016
Financial Stress Due to Wrongful Termination
Unlawful termination impacts a person’s well-being. The financial stress due to loss of income can affect your mental and emotional disposition. What will you financially lose when you’re terminated? Here are some examples:
You will lose your income when you’re terminated. Along with that comes loss of overtime, unpaid wages, and other compensations that are no longer given to you. Furthermore, getting hired for the same wage you had may be difficult. People who were terminated from previous jobs are often re-hired at a lower rate of pay.
Another vital aspect you’ll lose are benefits. This includes your medical and dental insurance, 401(k) plans, commissions, stock options, and other things the company offers. All these losses cause financial stress.
Do You Have a Case?
The laws surrounding wrongful termination are specific. You need to be fired for an illegal reason. Below are several types of wrongful termination claims. If you were fired for one of these reasons, then you have a case you need to fight for.
Firing anyone due to their color, race, gender, religion, disability or ethnicity is illegal. If you were fired for any of these reasons, contact a lawyer immediately. As per the Equal Employment Opportunity Commission (EEOC), you cannot sue your employer for a wrongful termination claim without filing a complaint with a federal agency.
Employers are also illegal to fire employees for reporting criminal activities at work. It is referred to as whistleblower protection.
Another common reason for wrongful termination is one’s genetic information. The Genetic Information Nondiscrimination Act (GINA) states that employers cannot use genetic information in hiring or firing employees. This means firing people with more significant or increasing risks of developing diseases.
How Long Does a Wrongful Termination Lawsuit Take?
You must file a charge to the EEOC (U.S Equal Employment Opportunity Commission). The EEOC investigates, and if no violations are found, you have the option to bring your case to federal court. In most cases, the EEOC process takes about six months. Therefore, your lawsuit typically takes at least six months or more to start your lawsuit.
However, if your case goes to federal court, it may take about a year or more before your case is settled. Only very few cases go to trial. Often, wrongful termination cases are settled before the deposition begins. That’s three to five months after filing your case in federal court.
Research shows that only 5-25% of wrongful termination cases win in court. However, over 90% of these cases are settled, and plaintiffs get a considerable amount of money. Therefore, you do not need to win a trial since most cases such as these are settled even before being heard before a jury.
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Apply for Pre-Settlement Funding for Wrongful Termination
The United States has an employment-at-will law, which means employers have the right to hire and dismiss employees anytime. However, the law does not stipulate that they could do so for illegal reasons.
Don’t delay your case because of financial constraints; pre-settlement funding is your solution. Some states have a three-year statutory limit for wrongful termination. Thus, you need to file your case before time runs out. Take advantage of lawsuit funding to support your family while waiting for your compensation.
A wrongful termination lawsuit loan is legal funding that doesn’t require collateral. Instead, the legal firm evaluates your case, your case merits, and the chances of winning the lawsuit. Everyone with a wrongful termination case is eligible for lawsuit funding, provided they have a contingency-based legal representative.
The process is relatively easy. You only need to provide the necessary information about your case, the damages sustained, and your attorney’s contact details. The firm reviews your case and decides whether you’re approved for a wrongful termination lawsuit loan. Unlike a bank loan, an unlawful termination loan is non-recourse.
High Rise Legal Funding
Apply for a lawsuit loan if you are in a financial bind due to wrongful termination. Win or lose; you can get legal funding. The money can help you provide for your family, pay your bills, and much more while your case is going on and while you’re still looking for another job. However, you’re only required to pay back the loan if you receive compensation.
High Rise Financial offers legal funding for up to $1 million. You are notified of your loan within hours and get financing afterward. We understand that time is critical. Our firm has helped wrongfully terminated employees get the cash they need to focus their attention on getting a fair trial. Apply for a lawsuit loan with us today!