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
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 up to $500,000 With Rates as Low as 2.5% Simple, Monthly
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 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.
Government Vehicle Accident Loan Process in Mississippi
At LawsuitLoans.io, we understand that being involved in a government vehicle accident can be overwhelming. Additionally, the legal process can be long and exhausting, leaving you waiting for the settlement that you deserve. That’s where our lawsuit loans come in handy.
For those unfamiliar with the concept, a lawsuit loan provides you with immediate funds while you wait for your case to resolve. This is essentially a cash advance against the potential settlement you expect to receive from your lawsuit. Lawsuit loans can help cover your living costs as well as any unexpected expenses that may arise during the course of your litigation.
So, how does it work to get government vehicle vs. auto lawsuit loans? Let’s go through it step by step:
- Apply Online: You begin by filling out an application on our website. The online application is simple and quick to complete.
- We Contact Your Law Firm: After receiving your application, we will reach out to your attorney to learn more about your case.
- We Review Your Case: Once we have all the needed information, our team of experts will review your case to determine if you qualify for our lawsuit loan service.
- You Sign a Contract: If you qualify, we will send over a contract for you to sign. This contract outlines the terms of your loan agreement.
- You Get Funds: Upon signing the contract, you will receive the funds directly in your account or by check, depending on your preference.
Let’s consider an example to illustrate this process:
Alice is a resident of Mississippi who was injured in a government vehicle accident. She files a lawsuit and realizes that the process could potentially last for months. During this period, she struggles to cover her bills and medical expenses. Alice then applies online for a LawsuitLoans.io loan. We contact her law firm, review her case, and determine that she qualifies for our program. After signing a contract, Alice receives her funds, helping her to stay afloat financially while she awaits the resolution of her case.
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Apply today and get funds in as little as 24 hours!
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.
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.
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.
Major Cities we Serve in Mississippi
LawsuitLoans.io is a financing company that operates not only nationwide but also specially for the residents of Mississippi. We provide funding options to those waiting on their legal case to resolve. Here are the top 10 cities in Mississippi by population where our services are accessible:
- Jackson
- Gulfport
- Southaven
- Hattiesburg
- Biloxi
- Meridian
- Tupelo
- Greenville
- Olive Branch
- Horn Lake
Residents of these cities, as well as other areas in Mississippi and nationwide, can reach out to us for aid during their ongoing legal battles.
Check out our website at LawsuitLoans.io or call our toll-free number (800) 340-4973 to find out more about how we can assist you.
To apply for funding, simply fill out the application located at LawsuitLoans.io funding application.
Mississippi Government Vehicle Accident Funding FAQs
As a Mississippi resident, if you have been involved in a government vehicle accident, you likely have many questions concerning lawsuit loans. Here are some commonly asked questions:
How much does it cost to get a government vehicle accident lawsuit loan?
The cost of a government vehicle accident lawsuit loan can vary depending on strict aspects of your case. It’s critical to understand that lawsuit loans are non-recourse. This means that if you do not win your lawsuit, you do not pay back the loan.
Do I qualify for a lawsuit loan on my government vehicle accident case?
Qualification for a lawsuit loan largely depends on the validity of your case, the probability of winning, and the potential amount of payout. It is crucial to speak to one of our case managers at LawsuitLoans.io or call (800) 340-4973 for specifics about your situation.
Can you get a loan on a government vehicle accident settlement?
Yes, you can acquire a loan on a government vehicle accident settlement. The ability to acquire such a loan mainly relies on the strength of your case and the likely settlement amount. Connect with our team at LawsuitLoans.io funding application to learn more about the process.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Cities we Service in Mississippi
LawsuitLoans.io provides funding throughout Mississippi. See more about our funding in Mississippi by visiting the city pages below:
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:
Get Started
Apply today and get funds in as little as 24 hours!
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.