Atlanta, Georgia Lawsuit Loans

What Are Lawsuit Loans in Atlanta, Georgia

A lawsuit loan is a funding method which allows plaintiffs of personal injury and other legal cases to receive an advance on their future settlement. In essence, it’s a non-recourse cash advance that is given to a plaintiff before their legal case resolves. This acts as a lifeline for claim holders who need financial aid while waiting for their case to finalize itself in court.

LawsuitLoans.io provides this funding solution to claim holders throughout the state of Georgia. For more information regarding our services in the state of Georgia, please visit our Georgia Lawsuit Loans page.

For instance, let’s consider a hypothetical example of Alan, a resident of Atlanta, Georgia. Alan was injured in a car accident and subsequently filed a personal injury lawsuit. Due to his injuries, Alan is unable to work and earn a living while waiting for his case to settle. To alleviate his financial tribulations, Alan applies for a lawsuit loan from LawsuitLoans.io. With this financial bridge, Alan can comfortably support himself until he receives the legal settlement he is entitled to.

Important Georgia Lawsuit Loan Information

This section provides an overview of key facts relating to lawsuit loans in Georgia, courtesy of LawsuitLoans.io. We have collected data on loan amounts, semi-annual rates, personal injury verdicts, and more. Use this information to gain a better understanding of the lawsuit loan scenario in the state. Further details are outlined in the table below:

Common Case Types We Fund in Atlanta

At LawsuitLoans.io, we provide funding for a wide array of case types in the Atlanta area. Here are just a few of the most common cases we fund:

Auto and Other Roadway Accidents

These incidents often involve cars, motorcycles, bicycles, trucks, or pedestrians. They usually arise from someone’s negligence on the road and can result in severe injuries.

Premises Liability

This covers instances where an injury occurs due to unsafe conditions on someone else’s property. Examples include slips, trips, and falls, or injuries resulting from poorly maintained premises.

Medical Malpractice

These claims occur when a healthcare provider fails to meet an accepted standard of care, resulting in patient harm or injury.

Labor Law Claims

We also fund labor law claims. These cases involve violations of labor laws. Examples of such include unpaid wages, overtime claims, or violations of employment contracts.

Employment Claims

Such cases involve disputes between employees and their employers. Unlawful termination, discrimination, and harassment at work fall under this category.

Other Personal Injury Claims

Beyond the above categories, there are many other types of personal injury claims we fund. These can range from product liability cases to wrongful death claims.

Need help funding one of these case types? Visit our funding application page or call us toll free at (866) 594-1343.

Am I Eligible for a Lawsuit Loan in Atlanta?

If you’re involved in a legal battle and find yourself in need of financial aid, you might be wondering if you qualify for a lawsuit loan. The criteria for eligibility are fairly straightforward.

First and foremost, you must have a valid legal claim. This could be against an insurance company, a self-insured company, or a large public entity. It’s important to note that the case you’re involved in should possess merit, and your attorney is expected to affirm this.

Speaking of attorneys, having one is a crucial requirement for obtaining a lawsuit loan. Your attorney plays a vital role not only in your case but also in securing your funding. They are typically responsible for providing documentation and other evidence to the lender, which aids in determining whether or not you’re eligible.

Fulfilling these two conditions isn’t the end, though. You also need to be at least 18 years old to qualify. So, regardless of the strength of your lawsuit, if you are under the legal age, you won’t be able to secure a lawsuit loan.

If you meet these criteria, then you are likely eligible for a lawsuit loan in Atlanta. You can verify your eligibility by filling out our LawsuitLoans.io funding application. The process is simple, easy, and quick.

Our Atlanta Lawsuit Loan Process

Understanding the process of acquiring a lawsuit loan can eliminate any confusion and uncertainty. At LawsuitLoans.io, we have simplified the process into five straightforward steps. Let’s take a look.

Step 1: Apply Online
Start your lawsuit loan journey through our convenient online application located at LawsuitLoans.io funding application. You just need to provide some basic details about yourself and your case.

Step 2: We Contact Your Law Firm
After receiving your application, we contact your law firm to discuss the specifics of your case. This helps us get a more in-depth understanding of your legal claim.

Step 3: We Review Your Case
Based on the information provided, our team will assess the strength and value of your case. If it meets our criteria, we proceed to the next step.

Step 4: You Sign a Contract
Once your case is approved, we draft a funding agreement for you to sign. This document outlines our commitment to providing a pre-settlement fund and your agreement to pay it back once your case is resolved.

Step 5: You Get Funds
With the contract signed, we swiftly transfer the funds to you. You’re then free to use this financial support for whatever needs surface as your case proceeds.

Example of Getting a Lawsuit Loan

Imagine John, an Atlanta resident involved in a personal injury lawsuit. Faced with growing medical bills while waiting for his case to resolve, John applies for a lawsuit loan with LawsuitLoans.io. Through our five-step process, he provides case details, we contact his attorney, review his case, and upon approval draft a contract which John signs. Shortly after, John receives his funds and can now tackle his financial challenges without worry.

How Much Money Can I Get From my Lawsuit Loan?

Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can provide funding up to a maximum of 25% of your expected share of the settlement if your case is still in progress. For settled cases, we can offer you up to 50% of your anticipated settlement share.

Let’s illustrate this with an example. Suppose you are a plaintiff from Atlanta involved in a car accident case with an estimated value of $100,000. The case is ongoing and won’t settle for a while. When it does finally reach a settlement, medical providers usually receive about one-third of the sum, the attorney takes another third, and you, the plaintiff, get approximately $35,000. In such a situation, we can advance around 25% of your portion or $8,250.

How quickly can I get a pre-settlement lawsuit loan in Atlanta?

Getting funds after your application is submitted with LawsuitLoans.io is a simple and quick process. As a plaintiff, time is often critical and you need support as soon as possible. With LawsuitLoans.io, you don’t have to wait for long periods to get the assistance you require.

We understand the urgency and that’s why LawsuitLoans.io aims to review your case and make a decision within 24 hours of the application submission. This means if your application is approved, you could potentially receive the funds you need the next day. Let’s review an example to understand this process better:

Imagine that you’re a plaintiff in a personal injury case in Atlanta. You have bills piling up and you need support while you wait for your legal case to resolve. You apply for a pre-settlement lawsuit loan with LawsuitLoans.io on Monday morning. By Tuesday, your application has been reviewed and approved, and the funds are transferred to your account, ready to be utilized where needed.

In this way, LawsuitLoans.io helps provide immediate financial respite to plaintiffs when they need it the most. Waiting for your case to settle no longer means battling financial distress.

Pros and Cons of Pre-Settlement Funding in Atlanta, Georgia

Pre-settlement funding offers several benefits for those involved in a legal case. Among these are financial relief, early access to much-needed funds, the opportunity to avoid pressure to settle early, and the non-recourse nature of lawsuit loans. This simply means that if you lose your case, you won’t need to pay back the loan.

However, like any financial decision, pre-settlement funding also has its share of potential drawbacks. These include relatively high interest rates, an industry that is often inadequately regulated, and the requirement of having a well-developed case with an attorney willing to work on a contingency basis.

Atlanta Pre-Settlement Funding FAQs

There are several questions that most potential applicants ask about our pre-settlement funding services in Atlanta. Here, we provide direct and concise answers to some of the most frequently asked ones.

How much does it cost to get a lawsuit loan?

The price of acquiring a lawsuit loan varies. It mostly depends on the specifics of your case and the amount of money you require. For the exact numbers, you should always contact us directly or make an application through our website LawsuitLoans.io.

Do I qualify for a lawsuit loan?

Anyone involved in a personal injury or other types of legal claims, who is currently awaiting resolution of their case can qualify for a lawsuit loan. There are no upfront fees, and you only have to pay back if you win your case.

If you have bad credit, can you get pre-settlement funding in Georgia?

Yes, you can. Your credit history will not affect your eligibility for a lawsuit loan. At LawsuitLoans.io, we focus more on the merit of your case rather than your credit score. You can apply now at LawsuitLoans.io funding application.

Other Cities we Service in Georgia

LawsuitLoans.io provides funding throughout Georgia. See more about our funding in other key Georgia cities by visiting the pages below:

• Columbus
• Augusta
• Macon
• Savannah
• Athens
• Sandy Springs
• South Fulton