Getting injured at work can cause a handful of problems—including financial ones. If your work injury keeps you from your job and you live paycheck-to-paycheck, it might be hard to keep your finances on track until you can return.

The good news is workers’ compensation is meant to help fill the financial gap while you’re recovering from your injury. Typically, workers’ comp benefits in Missouri pay employees approximately two-thirds (66 2/3%) of their average weekly wage. Just be sure to report your work injury within 30 days of it happening. After 30 days, it becomes more difficult to receive workers’ comp benefits in Missouri.

Perhaps the only downside is the potential waiting period. Workers’ compensation benefits aren’t paid in Missouri for the first three business days or less if you can’t work. If your injury keeps you out of work for more than 14 days, you will be paid for those three days, however.

If you cannot afford to wait for your workers comp benefits, Bridgeway may be able to advance you a piece of your benefits today!  The application process is quick & easy and you only have to re-pay the money if you win your case.  A pre-settlement advance, commonly called a "lawsuit loan", is a risk free was to get a portion of your settlement money today

If you haven’t received your Missouri workers’ compensation benefits in a timely manner, Bridgeway Legal Funding can help. We understand that even though your work has stopped, your financial obligations like rent or mortgage payments, medical bills, car payment, etc. have not.

Bridgeway Legal Funding provides a financial lifeline for injured workers and advances them part of their expected workers’ comp settlement almost immediately. Let us help you get the money you need now to pay your bills, be able to make day-to-day purchases while your lawyer can secure the benefits you’re entitled to.

How long does the workers comp settlement advance process take?

Bridgeway Legal Funding can help you get a Missouri workers’ comp cash advance in three steps:

  1. Contact us and provide your injury details.
  2. Bridgeway Legal Funding will get in touch with your attorney to get more details about your case and determine its value.
  3. Once everything’s approved, we’ll send you a contract for you and your attorney to sign (electronically). Bridgeway Legal Funding will send the money immediately to you after the contract is signed.

How much money can Bridgeway advance me now?

Bridgeway Legal Funding typically advances about 10 to 20 percent of a workers compensation claim. Since Missouri workers’ comp claimants receive about two thirds of their average weekly wage, determining your claim’s value is pretty straightforward once it’s determined how long you’ll be out of work.

To learn more about how a pre-settlement advance on your workers comp claims, visit Bridgeway's Guide to Funding.

How much is my workers compensation claim worth in Louisiana?

Your Missouri workers’ compensation claim value will depend on the seriousness of your injury and how long you’ll be about of work. As previously mentioned, you’re looking at about two-thirds of your average weekly wage.

Here’s a breakdown of the standard Missouri workers’ comp benefits:

-Temporary Total Disability (TTD)

TTD is when your doctor says you can’t return to work because of your injuries or are recovering from surgery.  TTD benefits should continue until the doctor allows you to return to work or has determined you’ve reached maximum medical improvement (MMI). TTD benefits are 66 2/3% of your average weekly wage (pre-tax), not to exceed the maximum set by law.

-Temporary Partial Disability (TPD)

TPD benefits are paid when you can return to work at light or modified duty, but receive less than full pay. Benefits are 66 2/3% of the difference between your pre-injury average earnings and how much you’ll be paid during your disability period.

-Permanent Partial Disability (PPD)

Like with temporary partial disability, PPD means you can still work, but not in the same capacity due to your injury. The difference is your injury will prevent you from returning to your previous work status. PPD benefits are also calculated at 66 2/3 % of your average weekly earnings as of the date of your injury. You might also be eligible for a lump sum payment based on the nature and extent of your disability in the case of PPD.

-Permanent Total Disability (PTD)

PTD means you can no longer work at all. If your work injury permanently precludes you from working, you could receive weekly payments for life or a negotiated lump sum settlement. The weekly amount is again 66 2/3% of your average weekly earnings at time of your injury.

If your current work-related injury caused your PTD, you could be entitled to lifetime weekly payments from your employer and their insurer. Meanwhile, if your current work-related injury along with other disabilities caused your PTD, your employer and its insurer may only have to pay for your PPD benefits. In that case, you’d have to file a compensation claim against the Second Injury Fund to get any PTD payments.

A work injury should not interrupt your income stream. Get in touch with Bridgeway Legal Funding if a work-related injury has made it more difficult to make ends meet and you’re waiting for your Missouri workers’ comp benefits to be paid. We’ll do what we can to get much-needed cash into your hands within 24 to 48 hours.