Mississippi Lawsuit Loans Help Plaintiffs with Cash Prior to Settlement
Mississippi lawsuits loans are financial transactions which bridge the gap between filing the case in court and ultimate recovery. MS lawsuit loans offer immediate cash to plaintiffs to meet their everyday needs and offers them financial flexibility to refuse low-ball settlement offers and hold out for just compensation.
Mississippi plaintiffs file lawsuits for a variety of reasons. Car accidents, slip and fall injuries, discrimination, wrongful termination, workplace accidents, malpractice cases and more can be the basis of these lawsuits. The one common theme throughout these types of cases is they must all navigate through the judicial process. That is, they all must go through the court system. And going through the legal system takes time – often years.
Mississippi Lawsuits – Delays in the Legal Process
The time it takes to settle a Mississippi lawsuit depends on a multitude of factors, such as:
- The venue
- Your attorney
- Medical treatment
- Number of defendants
- Number of plaintiffs
- Available insurance coverage
- Each insurers claims processes
- And more . . .
Mississippi personal injury attorneys for example, compile the necessary medical records, evidence of liability, and other documents. They must also investigate the accident and uncover any available insurance coverage. They then usually contact said insurer to give them notice of the claim. In most instances, these tasks go on “behind the scenes” while the plaintiff obtains treatment for his/her injuries.
Unfortunately, plaintiffs are sometimes unable to earn the same amount of money as before their accident. Some cannot work at all. Expenses still must be paid however, so plaintiffs sometimes find themselves strapped for cash. Fair Rate Funding can help.
Mississippi plaintiffs can contract with lawsuit loan companies who provide Mississippi lawsuit funding for plaintiffs who need cash now, prior to settlement. If you live in Mississippi and are involved in a lawsuit in Mississippi , you may qualify for lawsuit funding.
What is Mississippi Lawsuit Funding?
Lawsuit Funding, also known as lawsuit loans or settlement loans, are financial transactions where a plaintiff sells a portion of the future proceeds of a lawsuit in exchange for an immediate sum of cash. Fair Rate Funding specializes in personal injury loans for Mississippi plaintiffs.
Although referred to as “loans”, Mississippi lawsuit loans are actually a sale of the future proceeds of the case. Because the transaction is the sale of a potential asset, lawsuit loans are not traditional loans which imply repayment at some point in the future.
Instead, settlement loans are non-recourse funding which means the lawsuit settlement is the sole method of repayment. The lawsuit funding company cannot pursue any of your assets for repayment. Nor can it sue you personally. The non-recourse nature of lawsuit loans also means that if you lose your case, repayment is NOT required. In this way, Mississippi lawsuit loans are a risk-free proposition for plaintiffs.
How are MS Lawsuit Loans Used?
Plaintiffs use Mississippi lawsuit loans for any number or expenses. Our clients typically use lawsuit cash advances for:
- medical treatment
- school tuition
- payments on existing debt
- business investments
- and more
Because you sold a portion of the case – the money is yours. So there are absolutely no restrictions on its use. That might seem weird if the money was a loan. But as we said before, lawsuit loans are not loans at all. It’s your money, do whatever you want to do with it.
How Can I Get a Lawsuit Loan?
Mississippi lawsuit loans offer the best contract terms in the business. We can have cash in your hands in as little as 24 hours. Obtaining lawsuit loans in Mississippi is straightforward. Simply contact us and start the lawsuit funding process. With your permission, we will contact your attorney and go over the details of the case. For more information about how we evaluate cases, visit the post about underwriting lawsuit loans.
Once approved, Fair Rate Funding will send you over a contract. Once we receive the executed agreement, we will send you your cash via wire or overnight carrier. For more information about how lawsuit funding works, click here.
In addition to Mississippi lawsuit loans, Fair Rate Funding provides lawsuit funding services in the following states:
Alabama, Alaska, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Maine, Massachusetts, Michigan, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Utah, Vermont, Virginia, Washington, Wyoming and the District of Columbia.
Call us now on 888-964-2224 or fill out the online form to start the process.