San Bernardino, California Lawsuit Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
Apply in Seconds
What Are Lawsuit Loans in San Bernardino, California?
A lawsuit loan is a financial tool that promises relief for plaintiffs waiting for their legal claims to be settled. This type of funding, also known as pre-settlement funding, provides advance cash against a plaintiff’s expected legal settlement. It’s an avenue available to victims who find themselves in need of immediate financial help while pursuing their legal battle.
The great thing about lawsuit loans is their non-recourse nature. This simply means if you lose your case, you owe us nothing. It’s purely risk-free for the plaintiff.
At LawsuitLoans.io, we fund claims throughout California. For more information about our operations in California, you can visit our main California Lawsuit Loans page.
To understand how this works, let’s look at a hypothetical example. Meet Sandra, a resident of San Bernardino, California. She was involved in a slip and fall accident and injured herself severely. As she recovers, her bills are piling up, and her regular income has been disrupted due to her inability to work.
Sandra finally decides to pursue a legal case against the party at fault. However, the wheels of justice move slowly. While she waits for her case to resolve, Sandra finds herself in financial trouble. This is where LawsuitLoans.io comes in. She applies for a lawsuit loan and receives an advance on her future legal settlement to tide her over until the completion of her case. If Sandra wins the case, she repays the funds out of her settlement. If she loses, she owes us nothing.
This is the simplicity and peace of mind that LawsuitLoans.io offers to plaintiffs like Sandra. We understand the financial strain of waiting for a settlement, and we’re here to help.
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 California Lawsuit Loan Information
The process for obtaining a lawsuit loan in California can be made clearer with some relevant data. This brief overview will help you understand the legal lending landscape in the Golden State.
|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.|
|Los Angeles population, 2020||3,979,576|
Get up to $500,000 with rates as low as 2.5% simple, monthly
Common Case Types We Fund in San Bernardino
At LawsuitLoans.io, we specialize in pre-settlement funding for a variety of legal case types. Here are the most common cases we fund in San Bernardino:
Auto and Other Roadway Accidents
These refer to accidents that occur on the road – from car crashes, motorcycle incidents, to pedestrian accidents. These cases often involve parties disputing liability and damages incurred due to the accident.
Premises liability relates to accidents that occur on someone else’s property due to their negligence. This could include incidents such as slip and falls, dog bites, or swimming pool accidents.
Medical malpractice involves cases where a healthcare professional fails to provide the standard of care expected resulting in harm to the patient. These cases can be complex and result in serious injuries.
Labor Law Claims
Labor law claims arise when an employer does not adhere to labor laws. This might mean a worker isn’t paid fairly, is mistreated at work, or isn’t provided a safe environment to work in.
Employment claims often revolve around issues such as wrongful termination, discrimination, harassment or other violations of employment rights.
Other Personal Injury Claims
These involve any case resulting in injury to a person due to the negligence or intentional act of another. This could include products liability, assault and battery, defamation, and more.
To find out if your case type is eligible for funding, you can contact us through our website or by calling our toll-free number at (866) 594-1343. You can also apply for funding directly through our online application.
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 San Bernardino?
Inquire if you’re qualified for a lawsuit loan? The main condition includes having a valid legal dispute against an insurance company, a self-insured corporation, or a large public organization. There are three primary eligibility standards you must meet to qualify.
First off, you need to have a valid legal claim. Legal claims can be against any entity, including insurance companies, self insured businesses and large corporations. Regardless of the party you are up against, it is crucial to have a legitimate claim in order to be considered for a lawsuit loan.
Secondly, applicants must have an attorney. At LawsuitLoans.io, we work directly with your attorney to understand the depth of your case, ensuring the most accurate and fair funding assessment. We cannot provide funding to individuals who do not have a legal representative.
Last but not least, you must be at least 18 years old, as minors are not legally allowed to enter into a contract.
If you meet these criteria, feel free to apply through our simple online application process at LawsuitLoans.io funding application.
Apply today and get funds as soon as the same day you apply!
Our San Bernardino Lawsuit Loan Process
Here at LawsuitLoans.io, we aim to provide plaintiffs with an uncomplicated and efficient method to secure needed funds while waiting for their lawsuit to resolve. Our process is made up of five straightforward steps that we will discuss in depth.
- Apply online: The first step towards securing a lawsuit loan starts with an easy online application. Head over to our application page and fill out the necessary details. The application is relatively short and takes just a few minutes to complete.
- We contact your law firm: Upon receiving your loan application, our team will reach out to your law firm to understand more about your case. Your attorney will play a vital role in providing us with the necessary information to proceed.
- We review your case: Next, we will evaluate the details of your case carefully. It’s important to note that we aren’t merely concerned about winning or losing. We want to genuinely understand your circumstances. This step is crucial as it helps us determine the best possible pre-settlement funding amount.
- You sign a contract: If your case qualifies for a lawsuit loan, we will proceed to draft a contract detailing terms of the loan agreement. You are advised to read through this document carefully before signing, and we encourage clarification of any uncertainties with our representatives.
- You get funds: Once the contract is signed, you can expect to receive your funds quickly. The transfer can be done directly into your bank account, providing you with instant financial relief.
To visualize how this process works, let’s use an example. Assume John suffered an injury at work due to a safety lapse. He has filed a lawsuit but needs money to cover his medical bills while he waits for his legal case to resolve. He applies for a loan through LawsuitLoans.io and submits all essential details to us. We contact his attorney to understand more about his pending lawsuit. Based on the information provided by John’s attorney, if his case is deemed eligible, we will draft a contract which John signs off on. Afterwards, we are able to disburse the lawsuit loan funds directly into his account. This example, while hypothetical, can serve as a guideline on what you could expect with our lawsuit loan process.
How Much Money Can I Get From my Lawsuit Loan?
With LawsuitLoans.io, you could get an advance between $500 and $1,000,000. We can offer a lawsuit loan that equals up to 25% of what you expect to receive from your settlement. This is if your case is still pending. When your case is settled, we can give you an advance amounting to half of your expected settlement.
Let’s look at an example. Imagine you’re a plaintiff in a car accident case in San Bernardino. Your estimated settlement is $100,000. Tragically, the case will not settle for quite some time. First, medical providers will collect about 1/3 of the settlement. Then, your attorney will take another third. This leaves you with about $35,000.
Considering these conditions, LawsuitLoans.io is able to advance almost 25% of your expected portion or roughly $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 San Bernardino?
Many plaintiffs wondering about the speed of lawsuit loans will be pleasantly surprised. After you submit your application with us at LawsuitLoans.io, you won’t have to wait long. We understand that financial needs can be urgent during a lawsuit, so we move fast to help.
What does this mean in practice? Once your application is in our system, we promptly start reviewing it. Our team digs into the details of your case and makes a decision within 24 hours. Yes, you heard it right – just 24 hours!
To provide some context, imagine you’re involved in a personal injury lawsuit. You’re unable to work and bills are piling up. You apply for a pre-settlement lawsuit loan today. Tomorrow, you could have the financial assistance needed to navigate your situation with less worry. Now, isn’t that reassuring?
Once approved, funds are quickly dispatched to you. That’s how LawsuitLoans.io works – keeping processes efficient, convenient, and tailored for your urgent needs.
Experience it firsthand by starting your journey with us: LawsuitLoans.io funding application
Pros and Cons of Pre-Settlement Funding in San Bernardino, California
Pre-settlement funding can provide defendants with multiple benefits. For one, it offers a financial relief to those who are unable to afford their bills due to an on-going case. Pre-settlement funding also allows these individuals early access to funds they would otherwise have to wait for until the case is resolved.
Moreover, once defendants receive pre-settlement funding, they no longer have to deal with the immense pressure of settling early. This type of funding can ease financial stress and help defendants with significant legal costs. Lastly, lawsuit loans like those provided by LawsuitLoans.io carry a non-recourse feature. This means if your case is lost, you owe nothing back.
However, pre-settlement funding also carries its fair share of costs or cons. The process of trying to raise funds for a lawsuit can mean dealing with high interest rates. Unlike more traditional loans or financial assistance programs, pre-settlement funding typically carries more risk and hence, higher interest charges.
Moreover, the industry for pre-settlement funding is generally unregulated or under-regulated. This lack of oversight can spell trouble for plaintiffs in certain cases. To obtain a pre-settlement loan, it’s also necessary for a plaintiff to have a well-developed case alongside a lawyer working on contingency basis.
Get up to $500,000 with rates as low as 2.5% simple, monthly
San Bernardino Pre-Settlement Funding FAQs
We understand that you may have several questions about pre-settlement funding in San Bernardino. Here are some commonly asked questions:
How much does it cost to get a lawsuit loan?
The cost of a lawsuit loan can vary based on the specifics of your case. In general, the fee structure is straightforward and will be explained clearly at the outset. Please feel free to contact LawsuitLoans.io at (866) 594-1343 for more specific details.
Do I qualify for a lawsuit loan?
In order to qualify for a lawsuit loan, you need to have a pending personal injury claim or lawsuit. However, each case is unique and eligibility requirements may vary. The best way to determine your eligibility is to submit an application and our team will review your case.
If you have bad credit, can you get pre-settlement funding in California?
At LawsuitLoans.io, we understand that many people applying for pre-settlement funding may have credit issues. We focus primarily on the merits of your case, not your credit score. So even if your credit history is less than perfect, you can still apply for funding.
Other Cities we Service in California
LawsuitLoans.io provides funding throughout California. See more about our funding in other key California cities by visiting the pages below:
Apply today and get funds as soon as the same day you apply!