South Portland, ME Lawsuit 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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Important Maine Lawsuit Loan Information
Lawsuit Loans are crucial aids for plaintiffs involved in long-drawn legal proceedings. LawsuitLoans.io is proud to provide such aid in the state of Maine. Below is a brief overview of important lawsuit loan statistics in Maine.
| Average loan amount by LawsuitLoans.io in Maine | $130,067.00 |
| Largest loan by LawsuitLoans.io in Maine | $130,067.00 |
| Average semi-annual rate in Maine | 20.0% |
| Median personal injury verdict in Maine | $27,000 to $113,500 |
| Maine statute of limitations | 6 years; Maine Revised Statute Title 14 Section 751 |
| Maine fault laws | Maine is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
| Portland population, 2020 | 26,498 |
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.
Common Case Types We Fund in South Portland
LawsuitLoans.io provides funding for various types of cases in South Portland. The most common funded case types include the following.
Auto and Other Roadway Accidents
We fund cases that involve car and other roadway accidents. These cases often relate to victims sustaining injuries due to the negligence of another driver or road user.
Premises Liability
Cases where an individual gets hurt on someone else’s property fall under premises liability. Such cases could arise from slip-and-fall incidents, poor maintenance, or hazardous conditions on the property.
Medical Malpractice
When healthcare professionals fail to provide the standard level of care, resulting in harm to the patient, medical malpractice occurs. This could involve errors in diagnosis, treatment, aftercare, or health management.
Labor Law Claims
We also fund cases relating to labor law claims. These include but are not limited to, wage theft, discrimination, and unsafe work environments.
Employment Claims
Cases involving issues like wrongful termination, harassment, or discrimination in the workplace fall under employment claims.
Other Personal Injury Claims
Aside from the categories mentioned, we also fund other personal injury claims. These may range from product liability cases to assault and battery incidents.
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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Lawsuit Loan in South Portland?
Lawsuit loans, also known as legal funding or pre-settlement funding, can provide much-needed financial support to plaintiffs awaiting the resolution of their legal claims. But who exactly is eligible for these loans in South Portland? Let’s delve into the primary eligibility criteria.
The first factor for eligibility is having a valid legal claim. This could be against an insurance company, a self-insured company, or a large public entity. If you’re involved in a legal dispute with any such party, you might qualify for a lawsuit loan.
Another essential criterion is representation by an attorney. LawsuitLoans.io requires that you have legal representation when applying for funding. This ensures a more streamlined legal process and allows us to liaise directly with your attorney about your case. It’s important for potential loan recipients to understand that a lawsuit loan is not like a regular bank loan. Instead, it’s a form of cash advance against the expected settlement of your legal claim. Therefore, the outcome of your case plays a significant role in determining your eligibility.
Fulfilling age-related criteria is also crucial. You must be at least 18 years old to access a lawsuit loan. LawsuitLoans.io provides pre-settlement funding to eligible adults involved in various types of personal injury and other legal claims.
To conclude, while each application for a lawsuit loan is assessed on its own merits, a valid legal claim, legal representation, and being over 18 years are generally required.
How quickly can I get a pre-settlement lawsuit loan in South Portland?
Plaintiffs in South Portland seeking pre-settlement lawsuit loans can receive funds quite quickly. Once you, the plaintiff, have submitted your application, our team at LawsuitLoans.io swings into action immediately. Our goal is to provide prompt and efficient services to our clients.
This process is simple and straightforward. After you submit your application, we review your case meticulously. We understand that legal procedures are often lengthy and stressful, which is why we aim to provide decisions within 24 hours after your application has been submitted.
Let’s take an example to explain this better. Suppose John Doe, residing in South Portland, submits an application for a pre-settlement loan at 9 am on a Monday. Our team at LawsuitLoans.io will immediately start reviewing his case. In most scenarios, John should expect a decision related to his application by 9 am the following day, Tuesday. Once approved, the funds are dispatched precipitously.
Therefore, the waiting period for a decision on your pre-settlement lawsuit loan is typically 24 hours. Note that the actual disbursement of funds may vary based on individual bank policies or other procedural factors.
We at LawsuitLoans.io strive to make the pre-settlement funding process as swift and smooth as possible, ensuring you have one less thing to worry about while navigating your legal proceedings.
Get Started
Apply today and get funds in as little as 24 hours!
South Portland, ME Cases we Fund
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in South Portland. Read more about the personal injury cases we fund in South Portland 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 South Portland here:
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.
Does LawsuitLoans.io Directly Fund Cases in Maine?
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 Maine.