While the United States justice system allows accident victims to seek compensation for their losses through personal injury cases, the litigation process can take a toll on the plaintiff. While pursuing monetary recovery for their injuries, it’s possible for financial trouble to arise. Unfortunately, companies won’t put bills on hold for someone who’s dealing with a lawsuit. If you’re struggling to pay your bills while taking legal action with the help of a lawyer, Preferred Capital Funding can provide you with Mississippi lawsuit funding.
Lawsuit funding is different than traditional lending sources. The process is entirely risk-free to you. In the state of Mississippi, if you lose your case, you don’t have to pay us back. In conjunction with your lawyer, we take on the risk so that you don’t have to worry about money while you’re focusing on proving that you were wrongfully injured.
Types of Personal Injury Cases We Fund
There are a number of ways a person can be wrongfully injured, but many accidents begin with the negligent actions of another. We fund a variety of personal injury cases, in order to help as many people as we can. In Mississippi, some of the most common cases we provide funding for include the following:
- Car Crashes
- Truck Accidents
- Motorcycle Wrecks
- Medical Malpractice
- Workers’ Compensation
As you can see, many of the plaintiffs we fund are dealing with traffic accidents. Mississippi is one of the deadliest places to drive a vehicle. According to the Centers for Disease Control and Prevention, in 2016 there were 26.27 motor vehicle deaths per 100,000 people in Mississippi. The national average is only 13.42 fatalities per 100,000 people. As a result of the daily traffic crashes that take place, the total cost of crash-related deaths in Mississippi annually is $861 million. Broken down, $7 million goes toward medical expenses and $854 million is lost in work costs.
The financial impact a single vehicular wreck can have on a family is tremendous. If you’re struggling to pay your bills and keep food on the table, you can apply for pre-settlement funding in Mississippi.
How Legal Funding Works for Mississippi Residents
As a Mississippi resident in the midst of a personal injury claim, you are able to apply for lawsuit funding. We won’t need to look into your personal, professional, or financial history. We only take the strength of your case into consideration.
There are state laws that could impact your eligibility for Mississippi lawsuit funding. Like every other state, Mississippi has a statute of limitations on personal injury cases. This limits the amount of time a person has to file a lawsuit in civil court after sustaining an injury they believe was caused by someone else. Mississippi residents have three years from the date of the accident to file a claim. If that date passes and they have not taken legal action, they will likely forfeit their right to compensation.
Meeting the statute of limitations deadline is incredibly important if you are considering applying for funds. If you miss the deadline, you will not be eligible for funding through us because you won’t have an active personal injury lawsuit in the works. We will work with your lawyer to ensure all deadlines are met, so you can get your life back in order as quickly as possible.
Apply with Preferred Capital Funding Today
The application process for Mississippi legal funding is simple. You can apply online or by phone with one of our pre-settlement funding specialists. All you will need to do is provide us with your contact information, details about your case, and how much money you’re requesting. So long as your legal team is willing to work with us, we’ll review your claim and determine the strength of your lawsuit. If approved, you could have your lawsuit funds in as little as 24 hours. If you’re ready to apply, fill out our online application form or call us with any questions you may have.