Chandler, Arizona Lawsuit Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
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What Are Lawsuit Loans in Chandler, Arizona?
If you are injured in an accident and file a legal case, the time until resolution can be long. During this period, you might face financial issues. That’s where lawsuit loans come into play. They are non-recourse advances on future legal settlements – a special kind of help for plaintiffs, like you. It is not a typical loan. If your case doesn’t win, you won’t owe us anything.
Consider Cynthia from Chandler, Arizona. She was in a car accident and faced unexpected medical bills. While waiting for her personal injury case to settle, she found herself in dire need of money. After exploring her options, Cynthia applied for a lawsuit loan. This gave her the urgent financial aid that she needed to pay for her utilities, rent, and medical payments. She could then focus on her recovery, knowing her finances were secure. The record-breaking verdict landed in her favor and she repaid the advance from this award. Remember, there was no risk for Cynthia. If her case went the other way, she wouldn’t have owed us anything.
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.
Important Arizona Lawsuit Loan Information
Lawsuit loans are a unique financial option for those involved in legal cases, particularly personal injury claims. It provides immediate funds to plaintiffs while they await the resolution of their case. Here are some key statistics and information about lawsuit loans in Arizona.
|Average loan amount by LawsuitLoans.io in Arizona||$19,847.00|
|Largest loan by LawsuitLoans.io in Arizona||$44,940.00|
|Average semi-annual rate in Arizona||18.6%|
|Median personal injury verdict in Arizona||$5,000 to $80,000|
|Arizona statute of limitations||2 Years; Arizona Revised Statutes Section 12-542|
|Arizona fault laws||Arizona is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages.|
|Phoenix population, 2020||275,987|
Get up to $500,000 with rates as low as 2.5% simple, monthly
Common Case Types We Fund in Chandler
At LawsuitLoans.io, we support various case types through our funding options. Here, we share the most common types of cases that we fund in Chandler. These include:
Auto and Other Roadway Accidents
If you’ve been involved in an auto accident or other roadway incidents, you could be eligible for our lawsuit loans. These include cases arising from car, motorcycle, and truck accidents, pedestrian injuries, and other roadway incidents.
We also provide funds for premises liability claims. If you’ve been injured on someone else’s property due to their negligence, it can result in a premises liability claim. Examples include slip and fall accidents and insufficient security.
Victims of medical negligence can also benefit from our lawsuit loans. Cases can range from surgical errors to misdiagnosis, and failure to treat promptly.
Labor Law Claims
We fund labor law claims as well. This covers instances where rights under employment law are violated, including failure to pay wages or overtime, unsafe work conditions, and wrongful termination.
Discrimination, harassment, wrongful termination, wage theft — if you’re facing any of these issues at your workplace, your case could be eligible for our funding options.
Other Personal Injury Claims
Besides these, we fund other types of personal injury claims as well. Any injury caused by someone else’s negligence falls under this category.
No matter the type of legal battle you’re fighting, LawsuitLoans.io is here to help ease your financial stress while you seek justice. Visit our funding application to get started.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your savings and cost when you choose LawsuitLoans.io. While we sometimes offer interest rates as low as 2.5%, our calculator assumes an interest rate of 2.9%. This calculator is illustrative – please contact us for an instant, written quote for your request.
Months Until Settlement:
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible for a Lawsuit Loan in Chandler?
Obtaining a lawsuit loan in Chandler can greatly mitigate financial stress as you wait for your court case to resolve. But who actually qualifies for lawsuit loans? Let’s take a look at the eligibility criteria.
The morning essential criterion for being eligible is that you must have a valid legal claim. This claim should be filed against an insurance company, a self-insured company, or a large public entity. Simply put, anyone with a strong legal case can apply for a lawsuit loan.
Another key requirement is that you need to be represented by an attorney. This is important because it adds credibility to your claim. Having a legal representative also assures us that there is someone qualified and dedicated to fight for your rights and handle the complexities of your case.
Lastly, all applicants must be 18 years of age or older. This is a standard requirement as per the law, which states that contracts (such as a lawsuit loan agreement) can only be entered into by adults.
In summary, if you have a valid legal claim, you are represented by an attorney, and you are 18 or older, you may be eligible for a lawsuit loan in Chandler.
Apply today and get funds as soon as the same day you apply!
Our Chandler Lawsuit Loan Process
At LawsuitLoans.io, we work hard to ensure that the process of getting a lawsuit loan is quick and straightforward. Here’s how it works:
- Apply Online: Start your application process by visiting our LawsuitLoans.io funding application. Enter all required details accurately.
- We Contact Your Law Firm: After receiving your application, we reach out to your law firm to get more information about your case.
- We Review Your Case: Our team will thoroughly review your case based on the details provided by you and your law firm.
- You Sign a Contract: If the review is successful, we offer you a contract to sign. This contract outlines all the terms of the lawsuit loan including repayment terms and interest rates.
- You Get Funds: Once you sign and return the contract, we transfer funds directly to your bank account or send you a check according to your preference.
That’s it! The process is that simple. For example, let’s say John has a personal injury claim and is waiting for the lawsuit to settle. Instead of worrying about his bills, he decides to apply for a lawsuit loan from us. He completes the online application providing required information about himself and his case. Once we receive this, we contact John’s law firm to understand the claim better. After evaluating John’s case, we decide to offer him a lawsuit loan and send him a contract. John signs the contract, and within 24 hours, his much-needed funds are in his hands. That’s how easy getting a lawsuit loan can be with LawsuitLoans.io.
How Much Money Can I Get From my Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. If your case is still in progress, we can provide up to a maximum of 25% of your expected portion of the settlement. For settled cases, we can offer up to 50% of your expected share of the settlement.
Let’s consider an example to understand better. Suppose you are a plaintiff from Chandler involved in a car accident case. The estimated value of the case is $100,000. However, the case is still active and will not be settled for some time. Usually, the amount is divided in such a way that medical providers receive about one-third of the settlement, the attorney another third, leaving roughly $35,000 for you, the plaintiff. In such cases, LawsuitLoans.io can advance around 25% of your share, which in this illustration equals $8,250.
Get $500 – $100,000 as soon as today
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 day you apply with us.
How quickly can I get a pre-settlement lawsuit loan in Chandler?
If you are a plaintiff in the midst of a legal claim, you may wonder how quickly you can access pre-settlement funds. With LawsuitLoans.io, answers come faster than you might think.
Following your application submission, our team promptly reviews your case details. We understand the urgency of your need and aim to make a decision within 24 hours. Once approved, funds can be on their way to you in no time.
Let’s say, for example, you are involved in a personal injury case. You apply to LawsuitLoans.io today and our expert review team evaluates your case by tomorrow. If applications are approved, you could see your funds shortly after – all of this could occur within just days of your original application submission!
This efficient process is designed to support you when you most need it, reducing stress and uncertainty while you wait for your lawsuit to resolve.
Pros and Cons of Pre-Settlement Funding in Chandler, Arizona
Pre-settlement funding offers many benefits, making it a popular option for many individuals involved in lawsuits. Some of the key advantages include:
- Financial Relief: One of the primary benefits of pre-settlement funding is that it provides financial relief during tough times, reducing stress and allowing claimants to focus on their case.
- Early Access to Funds: Waiting for a lawsuit to settle can take months or even years. Pre-settlement funding provides clients with the money upfront, which can greatly assist with living expenses and legal costs while waiting for a verdict or settlement.
- Avoiding Early Settlement Pressure: Having financial support from lawsuit loans can prevent the need to accept an early, less favorable settlement due to financial strain.
- Non-Recourse Nature: If you lose your case, you are not required to pay back the loan. This safety measure is a major benefit of pre-settlement funding.
Despite these advantages, there are also drawbacks that need consideration:
- Relatively High Interest Rates: The interest rates on lawsuit loans can be high compared to traditional lenders. The exact rate varies depending on the company and the details of your case.
- Unregulated or Under-regulated Industry: The industry of pre-settlement funding is mostly unregulated, or under-regulated. This could potentially expose customers to unethical practices.
- Need for Well Developed Case with Contingency Agreement: To qualify for a lawsuit loan, you generally need to have a solid case with an attorney who agrees to work on a contingency basis. This means that your lawyer believes in your case and agrees to be paid once your lawsuit is settled successfully.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Chandler Pre-Settlement Funding FAQs
In the following section, we probe into some of the most common queries belonging to Chandler residents about pre-settlement funding.
How much does it cost to get a lawsuit loan?
The cost of getting a lawsuit loan varies widely, depending on your case and the loan amount. At LawsuitLoans.io, we pride ourselves on our transparent pricing. Get in touch with us for an accurate quote.
Do I qualify for a lawsuit loan?
Qualifying for a lawsuit loan depends on your case specifics such as the nature of your claim and its merit. Our team at LawsuitLoans.io reviews each application carefully and we do not require credit or employment checks.
If you have bad credit, can you get pre-settlement funding in Arizona?
Yes, you certainly can. At LawsuitLoans.io, we focus more on the merits of your case than your financial history. Even if you have bad credit, do not hesitate to apply for a loan. We’re here to support you during this difficult time.
Apply today and get funds as soon as the same day you apply!
Does LawsuitLoans.io Directly Fund Cases in Arizona?
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 Arizona.