When someone’s negligence leads to you being injured, you can take legal action against them. You’re seeking compensation that you’ll likely use to afford the bills you’ve incurred for past and future medical care. But when due dates start to creep up, you may find that your case is taking longer to resolve than you thought. If you’re in this situation, there’s no need to worry. You can seek financial options from Preferred Capital Funding. We offer Texas lawsuit funding for those currently in personal injury lawsuits.
How Does State Law Affect Texas Lawsuit Funding?
For you to be eligible for lawsuit funding, you have to be in compliance with Texas state laws. Your personal injury claim will need to be valid. One of the most important components of a personal injury claim is the timing. The time limit they have is called the statute of limitations. In Texas, people have two years to file their claim. Failing to meet this constraint could make the claim invalid and the plaintiff will not be able to pursue legal funding.
There are also some requirements that we need to verify in order for you to get funding. Your lawyer will have to agree to work with us. We need to be able to speak with them about your case to make sure you were wrongfully injured and have a strong chance of getting compensation. In the state of Texas, we take on the risk, so you do not have to pay us back if your claim falls through and you do not receive a settlement. Your attorney must also be willing to work with us.
If your lawyer is ready to work with us, it’s imperative that you discuss how much you will be requesting. Our funding ranges from $500 to $500,000. Your lawyer will be able to help you determine the appropriate amount that will allow you to take care of your expenses but will not lead you into financial trouble in the future. When it is time to pay us back, you’ll know the amount up front. Repayment is done in one payment, so you don’t have to worry about splitting it up over months in the future.
When you send us an application, you do not need to provide any financial or employment information. We only need your name, contact information, the amount requested, and the type of personal injury case you’re involved in.
What Personal Injury Cases Do We Deal With?
Preferred Capital Funding has given lawsuit funding to plenty of different personal injury cases. Here are some of the most common that we see:
- Car Accidents
- Truck Accidents
- Motorcycle Accidents
- Workers’ Compensation
- Wrongful Death
Motor vehicle accidents happen frequently and often result in devastating injuries. In 2017, there wasn’t one deathless day on Texas roads. Motor vehicle traffic fatalities totaled 3,721. There were slightly more fatalities on rural roads at 52.4% of traffic fatalities, which was 1,950. 254,853 people were injured in 2017 in motor vehicle crashes. 501 motorcyclists died, and 52% of those individuals were not wearing helmets. 1,024 people lost their lives in accidents involving a drunk driver.
When people are seeking compensation for their injuries or they’re seeking compensation on behalf of a loved one who has passed, they may not expect the process to take a long time. It’s important that they know they have funding options, so their case gets the time and focus it needs.
Seek Texas Pre-Settlement Funding from Preferred Capital Funding
After you submit your application, our legal underwriters will review it. If you’re approved, you could have the money you need in a day. You’ll be able to pay off your expenses and not have to worry about putting food on the table. You can submit your application online today. Questions or concerns can be directed to us—we’re here to help you.
