Mississippi Government Vehicle Accident Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
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What Are Government Vehicle Accident Loans in Mississippi
A car accident loan, also referred to as pre-settlement funding or lawsuit loan, is a type of financial support provided to a plaintiff who is injured as a result of a vehicle accident involving a government vehicle. This aid comes in the form of an advance on a pending future car accident settlement.
Government vehicle accident loans are non-recourse, which means that they are not traditional loans. Instead, they are viewed as cash advances against the likely result of your legal claim. If you, as a plaintiff, win the case, the money advanced to you is repaid from the settlement amount. If you do not win, you owe nothing to the loan provider.
In essence, LawsuitLoans.io assumes the risk of the lawsuit’s outcome. It’s a helping hand to plaintiffs during a difficult period where medical bills and other expenses are piling up while awaiting the settlement from their lawsuit.
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
Key Information About Car Accident Loans in Mississippi
Are you a plaintiff in Mississippi with a pending personal injury claim resulting from a car accident? You might be eligible to receive a loan from LawsuitLoans.io while you wait for your case to settle. This short-term financing can help bridge the financial gap as you navigate the legal process. The table below provides key details about car accident loans provided by LawsuitLoans.io in Mississippi.
| Average car accident loan amount by LawsuitLoans.io in Mississippi | $3,888.58 |
| Largest car accident loan by LawsuitLoans.io in Mississippi | $11,530.43 |
| Average interest rate in Mississippi | 22.5% |
| Median personal injury verdict in Mississippi | $31,000.00 |
| Mississippi statute of limitations | 3 years; Mississippi Code Ann. Section 15-1-1 |
| Mississippi fault laws | Mississippi is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible for a Government Vehicle Accident Loan in Mississippi?
If you’ve been involved in a car accident involving a government vehicle in Mississippi, you might be wondering whether or not you’re eligible for a lawsuit loan. In essence, the eligibility criteria for such loans are quite straightforward.
Due to the nature of claims involving government vehicles, the entity in question is typically self-insured or substantially insured. This means they have their own funds set aside specifically to cover any liabilities from legal claims.
So, if you are pursuing a claim against a government entity following a vehicle accident, having an attorney hired on contingency – meaning they only get paid if you win your case – is a necessary criterion for eligibility. The assumption here is that your attorney believes your case has merit if they agree to represent you on this basis.
The only other requirement for eligibility is that you need to be at least 18 years old. This is pretty standard across most forms of financial agreement and applies to lawsuit loans too.
In summary, if you are over 18 and have an attorney retained on a contingency basis, you meet the primary eligibility criteria for a government vehicle accident loan in Mississippi.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Government Vehicle Accident Claims in Mississippi
Government vehicles are not exempted from traffic incidents, including those in Mississippi. These vehicles could range from police cruisers to buses, even official state cars. Let’s talk about a few examples.
Police Cars
Policemen are committed to keeping our communities safe. Despite their dedication to public safety, police car accidents can still occur. When an officer is involved in a crash while responding to an emergency or during a routine patrol, it may result in a personal injury claim.
Public Buses
Accidents involving public buses can lead to serious injuries because of the vehicle’s sheer size and weight. If a bus driver’s negligence causes an accident, those affected may have the right to compensation.
State-Owned Vehicles
Various other state-owned vehicles such as Department of Transportation trucks or Park Service SUVs can also be parties in an accident. Any claims would usually require close examination of the incident circumstances.
If you’ve been injured in an accident involving a government vehicle in Mississippi, you may be entitled to a legal settlement. The LawsuitLoans.io can provide financial relief while your legal case is ongoing. Apply here: LawsuitLoans.io funding application or call us on our toll free phone number (800) 340-4973 for more details.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Government Vehicle Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.
Let’s give an example to make it clearer. Imagine that you are a plaintiff in Mississippi with a car accident case. The estimated value of the case is $300,000 and it is not expected to settle for some time. As is often the case, medical providers might get paid around one-third or $100,000 of the settlement. Similarly, the attorney might receive another third. This leaves you, the plaintiff, with about $100,000.
In this case, LawsuitLoans.io could advance approximately 25% of your $100,000. That would be $25,000. This is money that could help you to cover your costs while you wait for the case to be resolved.
Cities we Service in Mississippi
LawsuitLoans.io provides funding throughout Mississippi. See more about our funding in Mississippi by visiting the city pages below:
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.
Other Cases we Fund in Mississippi
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Mississippi. Read more about the personal injury cases we fund in Mississippi here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Mississippi here:
Does LawsuitLoans.io Directly Fund Cases in Mississippi?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in Mississippi.