What is Back Wages Lawsuit Funding?
The ideal of the good American always incorporates some facet of their ability to be a hard worker. Most individuals living in the United States will spend a significant portion of their lives laboring in the work force, and they work hard to bring home their paycheck to support themselves and the ones they love. Because of this, not receiving wages for hours worked or services provided can be frustrating and even dangerous. Remedies exist for people in situations like this, and attorneys are out there who can help those people through these scary situations.
What Can Be Done About Back Wages Being Owed?
The simplest definition of back wages is the difference between what an employer paid an employee versus what that employer should have paid that employee. The Fair Labor Standards Act dictates four different methods by which back wages may be secured. They are as follows:
- The Wage and Hour Division may supervise payment of back wages.
- The Secretary of Labor may bring suit for back wages and an equal amount as liquidated damages.
- An employee may file a private suit for back pay and an equal amount as liquidated damages, plus attorney's fees and court costs.
- The Secretary of Labor may obtain an injunction to restrain any person from violating the FLSA, including the unlawful withholding of proper minimum wage and overtime pay.
As is evidenced from the information above, back wage lawsuits are a big deal. Many attorneys base their entire practices around dealing with back wage claims. The FLSA is a bill of enormous complexity and length, and its nature necessitates attorneys who are well versed in employment law.
What Should I Do If I Have A Back Wages Claim?
If you feel that you have been compensated in an unfair fashion, you should know that you are entitled to the money that you work for. As mentioned above, many law
firms exist solely for the purpose of aiding Plaintiffs in securing judgments of back wages, oftentimes with prejudgment interest awarded. Contact one of these
attorneys with your information so that you can begin the process of getting back the money that is rightfully yours.
If you are hurting for money during the process of your lawsuit settling, however, you should not hesitate to contact the experts at CaseFunding. Our team of professionals works in the field of legal funding, and we extend aid to Plaintiffs in need who are strapped for cash during the processing of their back wages claims.
How can Case Funding help me or my attorney?
We help level the playing field by providing lawsuit funding for you or your attorney to compete effectively against insurance companies, large corporations,
and other deep-pocketed defendants.
How is Case Funding different for Plaintiffs?
Non-recourse funding is different than a lawsuit loan. Unlike loans, advances don't require you to put up collateral; you don't need good credit; and if you lose your case, you pay nothing and owe us nothing! We give you money based only on the strength of your lawsuit, because our lawsuit funding is repaid only if you win money from your case. While your case is pending, you do not owe any installment or interest payments. You pay nothing until your lawsuit resolves.
A Leader in Lawsuit Funding
Case Funding is a leading direct provider of innovative non-recourse funding solutions for plaintiffs and attorneys who have pending lawsuits and pressing financial needs. For attorneys, our capital enables you to invest in your cases, expand your case load or even pay everyday operating expenses.
Our Services
Case Funding's programs provide plaintiffs and litigation attorneys with short-term financing by advancing money against the future proceeds of lawsuits. Case Funding minimizes financial pressures on plaintiffs until a fair settlement can be reached. For plaintiffs, CaseFunding provides non-recourse cash advances on pending lawsuits. Case Funding works with attorneys to create a financial package that meets their law firm's cash flow needs, whether in the form of full-recourse loans, or line-of-credit facilities.