A lawsuit can take years to work its way through the courts, but your bills won’t wait for that money to arrive. A Mississippi lawsuit loan can help you weather any financial difficulties you may face as your case progresses. Even better, you won’t have to pay anything back if you lose your case.
Mississippi lawsuit loans, or legal funding, allow you to tap into your expected payout from a future settlement. With this money, you can breathe easier as you fight for the maximum value of your payout. Find out how a lawsuit loan from Tribeca could help you and if it’s right for your needs.
Mississippi Lawsuit Loan Eligibility
Tribeca Lawsuit Loans provides lawsuit settlement loans in Mississippi for a wide range of lawsuits, including:
- Car Accidents
- Personal injury
- Commercial litigation
- Medical malpractice
- Employment law violations
- Product liability
- Sexual Abuse
- Civil rights
The list of cases we fund is ever-expanding. We also fund mass torts, so you can pay your bills and continue to fight for the compensation you deserve while defense attorneys and insurance companies play their delay game.
You, too, can get a settlement loan in Mississippi if you meet our simple eligibility requirements:
- Are you 18 years of age or older?
- Are you the plaintiff in an active lawsuit?
- Are you represented by an attorney?
We require that our clients have legal representation for your best interest and ours. Studies show that plaintiffs represented by a lawyer win a far higher percentage of their cases and larger settlements than do those who represent themselves.
What is a Lawsuit Loan?
Lawsuit loans in Mississippi differ from traditional loans because the IRS classifies them as a nonrecourse debt. Unlike with a traditional recourse loan, the lender has no recourse to pursue payment from any source other than the loan’s collateral. In the case of a Mississippi lawsuit loan, the collateral is your future settlement. So, if you lose your case — you don’t have to repay the loan!
Lawsuit loans carry no risk to borrowers. This is because you only need to repay your legal funding if you win your settlement. However, if you lose, you won’t be on the hook for the money you received. Your personal income, property, or assets cannot be used to repay the loan. The IRS treats legal funding as an investment, which means the lender for your lawsuit loan shoulders all of the risk.
What Expenses Do Mississippi Lawsuit Loans Cover?
The state of Mississippi sees hundreds of lawsuits every year. In many cases, the plaintiff may need to wait for months or even years to see their settlement money.
In these cases, the victims may face significant financial challenges if they have lost their job or needed to take a lower-skill job due to an injury. At the same time, they may be facing high medical bills and expensive repairs. The bills keep piling up, adding to your economic stress while your lawsuit drags on. The legal system is designed to help, but in many cases, settlement checks can take a long time to arrive.
With a Mississippi lawsuit loan, you can use the money to pay expenses like the following:
- Medical bills
- Property repairs
- Mortgage or rent payments
- Credit card debt
- Income replacement
- Food, gas, and other daily needs
Legal funding can be used to pay for these expenses or any others. The money is yours to use as you see fit.
How Pre-Settlement Loans in Mississippi Can Help Your Get a Better Settlement
Don’t you wish the defense or the insurance company would understand just how much their delays are creating an increasingly stressful situation for you? They do. In fact, that is the point of their stall tactics. They hope the wait becomes so painful that you have to accept a far smaller settlement offer than you deserve just to make it stop.
However cynical and distasteful this strategy is, it’s not illegal. And it is very effective.
When you take out a Mississippi accident loan, a malpractice settlement loan in Mississippi, or another form of legal funding, you blunt their weapon. You can pay your bills and relieve the economic stress, so your lawyer can continue to fight for the compensation they owe you. And, since Tribeca is invested in the successful outcome of your case, we may provide your attorney with case funding to pay for expert witnesses and other litigation expenses that can strengthen your case.
How Lawsuit Loans Work in Mississippi
Depending on your circumstances, a lawsuit cash advance may help relieve your financial burdens quickly. The application process is simple, fast, and free, and we hold our interest rates low. We want you to keep as much of your settlement for yourself as possible. Use the money to meet daily living expenses and financial debts that result from your injury or accident.
However, state law can impact how much legal funding you can obtain. Statute of limitations laws can limit your ability to file a lawsuit after you’ve been wronged. In Mississippi, you have up to three years to file a personal injury lawsuit but only 90 days if the responsible party is the state government.
Unfortunately, if you file your lawsuit after the statute of limitations has expired, we won’t be able to offer you legal funding. However, once your case is in motion, we can offer you lawsuit loans at any point of the process. If you filed your case and suddenly need part of your settlement, we’re here to help you.
Applying for Pre-Settlement Funding in Mississippi Is Free!
Tribeca can provide you with up to $2 million in 24 hours once all the documents are signed. Applying takes just a few minutes and can deliver you cash you can use for any upcoming expenses. We’ve served more than 2,500 clients in most states nationwide and have earned a customer rating of 4.5 stars out of 5, making us the right partner for your case no matter where you live.
Simply visit our Apply Now page to give us a bit of information about your case. We’ll let you know within 24 hours how much legal lending we can offer you.
Contact us or call us at (866) 388-2288 to find out how we can assist you in your fight for justice. Since we only look at the details of your case, you may qualify for more legal funding than you anticipated. Let us help you fight for every bit of justice you deserve.