More than eleven years have passed since September 11th, 2001 and families are still feeling the pain. It has been a long, hard fight for many of the first responders and their families. Many of them have had to deal with delays in funding which has meant in many cases worsening health. The hospital bills, doctor’s appointments, and medical prescriptions have been piling up while these heroes wait for their checks.
After a push by Congress to finally establish a fund and recognizing the different kinds of cancers the responders have been afflicted with, the checks have finally started to roll out. January 2013 is when the first payments from the 9/11 Victim Compensation Fund started going out. According to the Huffington Post, payments range from $10,000 to $1.5 million. It was reported by The Wall Street Journal that 14 firefighters and 1 New York State corrections officer will be the first to receive funding.
The way the VCF is structured, first payments comprise only about 10% of the total award amount. The larger of the two payments will not be distributed until 2016. This provides a cash flow challenge for many first responders who have expenses beyond what the first payment covers. For first responders with this predicament, RD Legal Funding can help with our Zadroga Bill Settlement Funding program.
Once you receive your award letter giving you finalization of your award amount, RD Legal can advance you a portion of your second payment immediately so you don’t have to wait years to receive your award. For more information about our Zadroga Settlement Funding program, please contact a legal funding specialist at 1-800-565-5177.