Missouri Lawsuit Loans
Personal injury plaintiffs in Missouri often suffer from financial instability due to lengthy lawsuits. Unfortunately, this leaves them struggling to cover basic expenses while they recover, including rent, medical costs, and more.
At Ally Lawsuit Loans, we help plaintiffs regain their financial standing so they don’t have to wait for their settlement. Our lawsuit loans in Missouri make it easy to manage your expenses while your attorney fights for the compensation you deserve.
Missouri Statute of Limitations for Personal Injury Lawsuits
According to the Missouri statute of limitations, personal injury plaintiffs have five years to file a lawsuit against the responsible party. However, this doesn’t apply to personal injury cases against the state government, which must be filed with the Office of Administration’s Risk Management Division within 90 days of the injury. If you try to file a personal injury case outside of the Missouri statute of limitations, the court most likely won’t accept your case.
Fault Laws in Missouri
In addition to the statute of limitations, Missouri also follows a pure comparative fault statute. This means that if the plaintiff shares any responsibility for their own injuries, the court reduces the overall liability of the defendant. For instance, if the court determines the plaintiff 40% responsible for their injuries, they reduce the plaintiff’s entitled compensation by 40%.
Legal Funding Laws in Missouri
Missouri doesn’t have that many laws regulating lawsuit loans. The only exception is that attorneys in Missouri must fully disclose the terms of legal funding contracts to their clients. This includes informing the client about the loss of attorney-client privilege when the attorney discloses confidential case information to the lender for underwriting purposes.
How to Apply for Missouri Lawsuit Loans
It’s relatively simple to apply for Missouri lawsuit loans. First, fill out our pre-settlement funding application with your name, phone number, your attorney’s contact information, and your case type.
After completing your application, we contact your attorney to discuss your case files and decide if your claim qualifies for funding. While underwriting your application, we don’t require your credit history or income verification.
Finally, after we approve your application, we send you a cash advance within 24 hours. You may use your cash advance for almost any expense, including rent, mortgage payments, utilities, food, car repairs, medical costs, and more.
Consider Legal Funding from Ally Lawsuit Loans
If you need financial support while you recover from your injuries, consider applying for legal funding through Ally Lawsuit Loans.
Our Missouri lawsuit loans have the lowest interest rates in the industry, guaranteed. Our loans are also non-recourse, which means you don’t have to pay us back unless you reach a settlement or win your case.
To learn more about pre-settlement funding or to receive a free case evaluation, give us a call at 844-725-8619.