Lawsuit Loans in Kansas
Uplift Legal Funding provides non-recourse lawsuit loans in Kansas. Kansas has a population of 2,911,641, making it the 3rd largest state in the United States. It ranks 5th for per-capita fatal injuries (D.C. included).
Legal funding is currently regulated on a state-by-state basis. Based on industry data, Uplift developed a scale to measure a state’s ‘legal funding ease’ quotient. On a scale of 0 to 10, Kansas scores a 5.8, which signfies that it is relatively tough for injured plaintiffs to access legal funding in Kansas. To learn more about injury statistics and legal funding in your state, read this brief guide to Kansas lawsuit loans
Accident Injury in Kansas
Kansas’s yearly injury death rate of 65.8 per 100,000 places it 9.6% higher than the national average of 60.1.
Kansas residents drive an estimated total of 31 billion miles yearly. That means the average Kansas resident drives about of 10,777 miles per year. That figure is 11.9% higher than the U.S. national average of 9,630 miles per year.
Aside from miles driven, local seatbelt and drinking and driving habits play a large part in the auto accident death rate. Kansas residents are fairly bad when it comes to buckling up, reporting a 80.0% use rate.
The drinking rate in Kansas, or the percent of people who report drinking too much before driving at least once in the prior month is 2.1%, which is 13.6% higher than the national average of 1.8%.
In part due to these factors, the car accident fatality rate in Kansas is 12.2. This compares unfavorably to the US national average of 10.9, and costs the state $449 million yearly.
Kansas Lawsuit Funding Cheat Sheet
According to Chapter 60, Art 5, Sec. 60-513; the statute of limitations for personal injury cases in Kansas is 2 years. This means that you may lose the right to sue if you do not file your legal claim within that time-frame. Different states follow slightly differing comparative negligence statutes.
In Kansas, the guideline is modified comparative fault with a 50% threshold. Basically, this means that plaintiff’s share of fault offsets defendant’s liability – K.S.A. § 60-258a(a). Often, for legal funding requests early-on in a case, companies providing lawsuit loans in Kansas must assume state minimum policy limits of:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $10,000 property damage liability per accident
- $10,000 personal injury protection
Regulation of Lawsuit Loans in Kansas
Litigation funding legislation was proposed, but did not pass. This means that the status of legal funding in Kansas is in question for some funders that fear negative regulation. However, a large amount of funding companies can still assist with legal funding in Kansas.
Lawsuit Loans from Uplift Legal Funding
Uplift Legal Funding provides non-recourse lawsuit loans on personal injury claims in most states. If you have any questions, or are interested in legal funding, apply online or give us a call at (800) 385-3660.