California 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 California Lawsuit Loan Information
Are you a personal injury plaintiff in California, awaiting your legal case to resolve? You may benefit from a lawsuit loan. It’s essentially pre-settlement funding for plaintiffs like you. Have a look at these important statistics about lawsuit loans in California:
| Average loan amount by LawsuitLoans.io in California | $13,562.61 |
| Largest loan by LawsuitLoans.io in California | $224,295.00 |
| Average semi-annual rate in California | 20.4% |
| Median personal injury verdict in California | $114,305.00 |
| California statute of limitations | 2 Years; California Code of Civil Procedure Section 312 |
| California fault laws | California is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
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.
How Much Money Can I Get From my Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io offer financial relief while you are waiting for your legal case to resolve. The funds we provide can range substantially from as little as $500 to over $1,000,000.
If your legal case is ongoing, we are able to advance up to a quarter (25%) of the sum you are projected to receive from the settlement. Conversely, in instances where your case has been settled, we are potentially able to offer as much as half (50%) of your expected part of the settlement.
Consider, for example, an individual in California involved in a car accident lawsuit. This plaintiff is pursuing a case estimated to be worth $100,000 but it won’t be settling any time soon. In general, medical providers tend to claim about one-third (33%) of the settlement and the attorney fees amount to around another third. Therefore, the plaintiff (you) would be expected to receive approximately $33,000.
In this scenario, LawsuitLoans.io could advance about 25% of this $33,000. This comes to roughly $8,250. It’s worth mentioning that calculations may vary based on specific case details and expenses.
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.
Common Case Types We Fund in California
At LawsuitLoans.io, we fund a variety of case types in California. Here are the most common categories:
- Auto and other roadway accidents: Whether it’s car, truck, motorcycle or other roadway accidents, we provide funds to keep you afloat during your lawsuit.
- Premises liability: If you’ve been injured on another’s property due to negligence, we’re here to help with the financial burden while you wait for your claim to settle.
- Medical malpractice: Lawsuits involving errors by health professionals can take time. Our funding can ease the strain while your legal proceedings progress.
- Labor law claims: If you’re claiming for unlawful workplace practices, our lawsuit loans can assist you financially until your case is resolved.
- Employment claims: From wrongful termination to discrimination claims, we support workers standing up for their rights with lawsuit funding.
- Other personal injury claims: Whatever your personal injury claim entails, from slip and falls to product defects, we can fund your case before it settles.
Want to learn more? Visit our pages: California Personal Injury Loans and California Car Accident Loans to gain further insight into the cases we fund.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Lawsuit Loan in California?
In most instances, qualifying for a lawsuit loan in California is straightforward. There are three primary requirements you must fulfill in order to be eligible. These are:
- Have a Valid Legal Claim: Firstly, you must have an ongoing personal injury or other legal claim against an insurance company, a self-insured corporation, or a large public entity. This ensures that there is a means of recouping the lawsuit loan upon the successful resolution of your case.
- Have an Attorney: It’s essential that you are represented by an attorney. The attorney provides pertinent details about the lawsuit necessary for the application process and liaises on your behalf with the lawsuit funding company.
- Be At Least 18 Years Old: Lastly, per California state law, you must be at least 18 years old to enter into a contract for a lawsuit loan.
In conclusion, if you meet these criteria, your chances of qualifying for a lawsuit loan from LawsuitLoans.io increases substantially. Gather your supporting documents and use our online application form to initiate the process.
Get Started
Apply today and get funds in as little as 24 hours!
What Can I Use the Money From My Lawsuit Loan For?
When you secure a lawsuit loan from LawsuitLoans.io, you gain financial support to manage your personal and medical expenses. This allows you to tackle the stress of a legal dispute without the added anxiety of financial hardship.
The money you receive from a lawsuit loan can be used for a wide range of expenses. The most common among these are daily living costs. These funds come in handy when covering essential bills such as rent or mortgage payments, utilities, groceries, and more. Therefore, while you wait for your legal case to resolve, you don’t have to worry about how to afford these necessities.
Funds from a lawsuit loan also offer significant help when it comes to medical expenses. If you’re dealing with an injury claim, for example, post-settlement money can cover your doctor’s visits, therapy sessions, medication, or even surgical costs.
However, there is one aspect where the use of lawsuit loan funds is limited. It’s vital to understand that you cannot use these funds for expenses related directly to the litigation process or your legal case. That includes attorneys’ fees, court costs, or payments to expert witnesses. These limitations are put in place to ensure that the loan serves its purpose as a lifeline, not as a way to fund your lawsuit.
In conclusion, a lawsuit loan from LawsuitLoans.io ensures you can keep your life stable as you navigate legal challenges. By covering essential living and medical expenses, you can focus on what’s most important–your legal fight and healing process.
California Pre-Settlement Funding FAQs
As a resident of California with an ongoing legal case, you may have some questions about pre-settlement funding. Here are some frequently asked questions (FAQs) we often receive and our straightforward answers for you:
How much does it cost to get a lawsuit loan?
The exact cost of a lawsuit loan varies. Factors that determine the cost include your individual case details and the repayment terms of your agreement. To learn more about specific costs, start by completing our Funding application or call us on our toll-free number (800) 340-4973.
Do I qualify for a lawsuit loan?
If you have an active personal injury or other legal case, you may meet the qualifications for a lawsuit loan. However, an in-depth review of your case by our case managers is necessary to confirm your eligibility.
How much funding can I get?
The amount of funding you can get depends on your case specifics. After examining your case details and the possible outcome, we will provide an estimate of what we might be able to fund. Remember, every case is unique. Therefore, the funding is personalized to meet your needs.
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.
Cities we Service in California
LawsuitLoans.io provides funding throughout California. See more about our funding in California by visiting the city pages below:
Cases we Fund in California
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in California. Read more about the personal injury cases we fund in California 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 California here: