Orlando, Florida 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 Orlando, Florida
A lawsuit loan, often known as a lawsuit cash advance or pre-settlement funding, is a type of non-recourse advance on a plaintiff’s future legal settlement. This option provides a lifeline for plaintiffs who are financially stressed while waiting for their legal case to resolve.
Here at LawsuitLoans.io, we offer lawsuit loans across the state of Florida, supporting plaintiffs as they navigate the challenging waters of legal disputes. Visit our main Florida Lawsuit Loans page for more information.
Let’s consider a hypothetical situation. Angela, a resident of Orlando, Florida, was injured in a car accident and found herself unable to work due to her injuries. She filed a personal injury lawsuit but her case could take several months, even years to settle. In the meantime, she’s struggling to meet her basic needs.
Angela decided to apply for a lawsuit loan through LawsuitLoans.io. Her application is reviewed and approved based on the strength of her case. The funds received from the lawsuit loan help Angela to meet her financial obligations without experiencing undue stress while she waits for her lawsuit to conclude.
If Angela wins her case, the loan repayment comes directly from her legal settlement. If, however, she loses the case, she’s under no obligation to pay back the loan, illustrating the non-recourse nature of lawsuit loans.
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 Florida Lawsuit Loan Information
A lawsuit loan is a cash advance given to plaintiffs who are waiting for their legal case to settle. These funds can be used to cover various expenses such as medical bills, living expenses, and attorney fees. Below, we’ve gathered important data related to lawsuit loans in Florida.
|Average loan amount by LawsuitLoans.io in Florida||$13,207.54|
|Largest loan by LawsuitLoans.io in Florida||$202,214.00|
|Average semi-annual rate in Florida||20.7%|
|Median personal injury verdict in Florida||$31,000.00|
|Florida statute of limitations||2 Years; Florida Statutes Section 95.11(4)(b)|
|Florida fault laws||Florida is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident.|
|Miami population, 2020||307,573|
Get up to $500,000 with rates as low as 2.5% simple, monthly
Common Case Types We Fund in Orlando
At LawsuitLoans.io, we provide essential funding for a wide range of case types. Below, we have listed some of the most common claims we support in Orlando:
- Auto and Other Roadway Accidents: Accidents on the road can be devastating. We help plaintiffs with these claims to secure their just compensation while they wait for the legal process.
- Premises Liability: This includes incidents like slips, trips, and falls that occur on another party’s property. It’s crucial for injury victims to know that help is available while they pursue adequate restitution.
- Medical Malpractice: We assist those claiming against professional healthcare providers. If you believe that incompetence or negligence played a part in your injury, a LawsuitLoan can ease financial pressure as your claim proceeds.
- Labor Law Claims: These are cases wherein employees might stand up against wrongful treatment. If you’re enforcing your rights against unlawful labor practices, we’re here to help finance your claim.
- Employment Claims: We support victims of workplace discrimination, harassment, and other forms of unfair treatment. As you fight for justice, our pre-settlement funding aims to provide financial support.
- Other Personal Injury Claims: Whether due to product defects, assault, or other harm suffered, LawsuitLoans.io offers funding to support damages resulting from personal injuries.
If any of these cases are similar to yours, feel free to apply for funding today. We aim to lift the financial burden off your shoulders, enabling you to concentrate on your lawsuit.
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 Orlando?
Qualifying for lawsuit loans involves certain requirements. The foremost criteria include having a valid legal claim against an insurance company, or a self-insured company, or a large public entity. It is a necessity to have an attorney representing you in the legal proceedings. Moreover, you must be at least 18 years old. These guidelines provide a broad overview of the eligibility requirements, although each case may vary.
Apply today and get funds as soon as the same day you apply!
Our Orlando Lawsuit Loan Process
Lawsuit loans, also known as pre-settlement funding, provide much-needed funds to plaintiffs waiting for their legal cases to resolve. This financial aid enables them to pay for everyday living expenses and legal fees without having to accept a low settlement offer. At LawsuitLoans.io, we have a simple, step-by-step process for providing lawsuit loans to plaintiffs.
Five Main Steps to Get Funds
- Apply online: Fill out our online application on LawsuitLoans.io funding application. This is the first step towards securing your loan.
- We contact your law firm: After receiving your application, our team will reach out to your law firm to gather more information about your case.
- We review your case: Our panel of experts will then review your case thoroughly to determine its strength and potential value.
- You sign a contract: If your case qualifies, we will send you a contract outlining the terms of the loan.
- You get funds: Once the contract is signed and returned, we will send you the funds. You can use these funds for anything you need while you wait for your case to resolve.
Now, let’s walk through an example to demonstrate how easy it is to secure a lawsuit loan from LawsuitLoans.io.
A Plaintiff’s Journey to Getting a Lawsuit Loan
For example, John, a plaintiff in an ongoing personal injury lawsuit in Orlando, was running out of money to cover his living expenses and medical bills due to the lengthy nature of court proceedings. He decided to apply for a lawsuit loan from LawsuitLoans.io to ease his financial strain.
John filled out the online application on our website, providing all necessary details concerning his case. After submission, our team contacted his law firm for additional details about his case. We reviewed the case thoroughly and found it to be strong with potential for a high settlement. Following this, we sent John a contract detailing the terms of the loan.
Once John signed and returned the contract, we disbursed his lawsuit loan. Today, John can peacefully cover his living expenses, medical bills, and legal fees, thanks to the loan from LawsuitLoans.io.
This is how straightforward and simple it is to get a lawsuit loan from LawsuitLoans.io. Don’t let financial constraints compromise your legal case. Apply today!
How Much Money Can I Get From my Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io can vary in amount enormously, starting as low as $500 and scaling up to over $1,000,000. If your case is currently unresolved, we have the capacity to advance you up to a quarter (25%) of your projected share of the settlement.
For cases that have already been settled, the amount we can offer increases. In these scenarios, it’s possible for us to provide as much as half (50%) of your expected portion of the settlement.
Let’s illustrate this with a practical example. Imagine you’re based in Orlando and you’re a plaintiff in an ongoing car accident case. The estimated value of the case stands at $100,000, but it’s not expected to settle for some time. Typically, medical providers receive around one third of the settlement, and your attorney would take another third. This would leave you, the plaintiff, with roughly $35,000.
At LawsuitLoans.io, we could advance you approximately 25% of this amount. This means you could receive a lawsuit loan of about $8,250 while waiting for your case to resolve.
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 Orlando?
If you are an Orlando resident involved in a legal case, you may need extra money to help cover costs before your case settles. Time is of the essence and LawsuitLoans.io understands this. After submitting a funding application to LawsuitLoans.io, you might be wondering: How quickly can I get my funds?
Here’s some good news for plaintiffs in need: LawsuitLoans.io is dedicated to reviewing every funding application and making a decision within 24 hours. If your application is approved, you will receive your funds shortly after that.
For example, if you applied on Monday morning, you’d likely have the funding decision by Tuesday morning. Then, if your application is successful, you could even receive your funds within a day of approval. That means you could potentially have access to money to support you during your lawsuit by Wednesday!
Remember, LawsuitLoans.io is here to help you during this challenging time. We work quickly and effectively to make sure you get the financial support you need, when you need it. And, we are just a click away or call our toll free at (866) 594-1343.
Pros and Cons of Pre-Settlement Funding in Orlando, Florida
Pre-settlement funding can provide a lifeline to plaintiffs in Orlando, Florida who are waiting for their legal cases to resolve. It comes with several benefits, as well as some potential drawbacks.
Benefits of Pre-Settlement Funding
- Financial Relief: With pre-settlement funding, you can cover living expenses and pay off urgent debts while you wait for your case to conclude.
- Early Access to Funds: Lawsuit loans grant you immediate access to funds even before your case is settled.
- Avoiding Early Settlement Pressure: They protect you from the pressure to accept an early, less favorable settlement just to ease financial pressures.
- Non-Recourse Nature: These loans are non-recourse, which means if you lose your case, you won’t be required to repay the loan.
Cons of Pre-Settlement Funding
- High Interest Rates: Pre-settlement funding generally comes with relatively high interest rates.
- Under-Regulated Industry: This industry does not have a lot of regulation, putting borrowers at risk of falling prey to capitalization practices.
- Case Development: You need to have a well-developed case, and an attorney working on a contingency basis for you to qualify.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Orlando Pre-Settlement Funding FAQs
Being a plaintiffs with legal claims in Orlando, you might have some questions about pre-settlement funding. Here, we’ve answered the most frequently asked questions.
How much does it get a lawsuit loan?
The cost of a lawsuit loan depends on the specifics of your case and the amount you’re looking to secure as loan. With a lawsuit loan from LawsuitLoans.io, there are no hidden costs or upfront fees. For more precise details relevant to your situation, feel free to contact us on our toll free number (866) 594-1343.
Do I qualify for a lawsuit loan?
Lawsuit loan approval is contingent upon the nature of your claim and the likelihood of a successful settlement. It’s unrelated to personal qualifications like employment status or credit history. If you’re involved in an active personal injury or other legal claim, there’s a good chance you could qualify.
If you have bad credit, can you get pre-settlement funding in Florida?
Yes, bad credit is not a barrier to securing pre-settlement funding in Florida. At LawsuitLoans.io, we understand that financial hardships can lead to poor credit. That’s why we focus on the merits of your case, not your credit history. For more information or to apply, visit our funding application.
Other Cities we Service in Florida
LawsuitLoans.io provides funding throughout Florida. See more about our funding in other key Florida cities by visiting the pages below:
Apply today and get funds as soon as the same day you apply!