When you have piling bills and expenses while you’re waiting for a settlement to come in from a personal injury claim, you may find that you’re going to have to pay those bills sooner rather than later. The due dates aren’t related to when your case settles. This could cause financial stress, but you have options for relief. Preferred Capital Funding offers Wisconsin lawsuit funding to those who need it.
Applying takes minutes and there are only a few items you need to check off. You must be involved in a Wisconsin personal injury case. Your lawyer has to be willing to work with us, as we need to know that there’s a strong chance of you getting compensation for your injuries. The application is non-invasive. We do not ask for information about your credit, employment status, or personal history. We’re here to help those who are in a difficult financial situation.
What Personal Injury Cases Can We Provide Lawsuit Funding For?
At Preferred Capital Funding, we receive many requests from all types of cases. Some of the most common are for motor vehicle accidents. This includes cars, trucks, and motorcycles. In 2016, Wisconsin had 129,051 total crashes. 524 of those collisions were fatal and 31,066 caused injuries. The main contributors to these accidents were alcohol and speeding. Alcohol was involved in 5,153 crashes and speeding was a factor in 19,540 crashes. Large trucks were part of 7,461 crashes and there were 2,250 motorcycle crashes.
All these accidents have the potential to cause devastating injuries. While the person who was injured can file a claim to hold the person responsible for their accident liable, this doesn’t mean the legal process will move swiftly. The other party could try and put some of the blame on you when you weren’t at fault. An insurance company fighting a settlement could try to extend the lawsuit, which could cause financial issues. This could make you want to settle your case early so you can use the money to pay off your bills, but it’s likely that this settlement will be less than what you’re owed.
This is where we come in. Lawsuit funding can help you get through your financial matters while you’re still waiting for your case to conclude. Before applying, you should know more about Wisconsin law and how it applies to lawsuit funding.
Laws Affecting Wisconsin Lawsuit Funding
In Wisconsin, you have three years to come forward with a claim if you’ve been wrongfully injured. Missing this window, called the statute of limitations, means that you could be barred from compensation. If you don’t file your claim in time, you will also be ineligible for lawsuit funding in Wisconsin.
There are also laws about disclosing information. Wisconsin Act 235 states that litigants will provide other parties involved with the information if there are third-party funders that will be entitled to share in earnings from a settlement. This information will need to be given regardless of a discovery request. Lawyer contingency fees are excluded.
Get Peace of Mind Today
When figuring out how much you should request, make sure to discuss this with your lawyer. We offer amounts from $500 to $500,000. You’ll need to take enough to help out your current financial situation, but not too much so you’re not overwhelmed when it’s time to pay us back. Once you have an amount figured out, you can fill out your application online. We only need to know your name, contact information, and a little bit about your personal injury case.
Our legal underwriters will get to work on reviewing your application. You could have your money within three to five business days, but some applications could be approved in as little as 24 hours. Within a few days at most, you could get the financial funding you need to get control of your expenses and focus your efforts on your case.
NOTICE TO MARRIED APPLICANTS: No provision of a marital property agreement, a unilateral statement under s. 766.59 or a court decree under s. 766.70 adversely affects the interest of the creditor unless the creditor, prior to the time credit is granted, is furnished a copy of the agreement, statement or decree or has actual knowledge of the adverse provision when the obligation to the creditor is incurred.