Car accidents can be scary and stressful. Unfortunately, car accidents are common in the United States. Last year in Mississippi, there were 27,000 serious injuries reported from motor vehicle accidents. Waiting a year for an injury settlement is simply not an option for most people. Thankfully, Bridgeway Legal Funding can provide a cash advance on your car accident lawsuit, insuring that your medical bills, living expenses and other costs associated with your accident are paid as soon as possible. This kind of legal finance, also known as a “lawsuit loan”, is a risk-free option.
Life After an Accident
While the immediate fallout of an accident can be incredibly trying, the stress surrounding an ongoing injury lawsuit can be just as overwhelming. The average injury claim takes about 18 months from when the incident occurs to the date when the settlement money arrives. Insurance companies are usually not quick to settle injury claims, often dragging out the process in hopes an accident victim agrees to accept less then the full value out of necessity.
Those injured in a car accident are often forced to miss work for significant periods of time. Some are unable to return to work at all. The added stress of being unable to earn a living only compounds the stress related to the accident and court case. Pre-settlement funding allows accident victims to pay their bills while giving your attorney the time they need to fight for just compensation.
Mississippi Lawsuit Funding
Pre-settlement funding is a non-recourse advance on the money you expect to receive from your car accident lawsuit. That means the money advanced to you only needs to be paid back if your lawsuit is successful and you receive a settlement. Should you lose your case and receive no settlement, the money advanced doesn't need to be repaid. Funding for Mississippians is available within 24 hours of applying. No credit or background check is required, nor is any kind of payment owed until the case is resolved.
Applying is easy. Simply fill out an application or give us a call at (800) 531-4066. After receiving your application, our underwriters will conduct a brief interview with you to understand how your accident occurred. They may also request documentation from your attorney before letting you know exactly how much of an advance you can be approved for.
Loans for Accidents
A settlement advance can make life easier as you recuperate from such a life-changing collision. The Bridgeway Legal Funding team can help you understand how much your case is worth. We look at many factors, including the minimum insurance policy value required in Mississippi. Drivers must have a policy worth $25,000/$50,000 for their vehicle. The $25,000 is the maximum insurance policy per injured occupant. The $50,000 refers to the total policy for all occupants injured in the wreck.
These policy limits are an important factor in car accident lawsuits because they establish the amount of money a person can possibly receive in their settlement. The 25/50 policy might be the state minimum, but drivers frequently opt for a higher policy limit. Understanding the policy limits associated with your lawsuit can give you a better idea of how much your settlement may be worth.
Get Help Now
Finding your allies after a wreck is important. While it may feel as though your accident has forced you between a rock and a hard place, Bridgeway Legal Funding can help make life a little easier. Get funding for car accident lawsuits throughout Mississippi including Hinds county, Harrison county, DeSoto county, Rankin county, Jackson county, Madison county, Lee county, Lauderdale county, Forrest county, Jones county, Lowndes county, Pearl River county, Lamar county, Washington county and Warren county.
If a Pre-settlement advance would be helpful to you, please contact Bridgeway today by calling (800) 531-4066.