Boston, MA 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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What Are Lawsuit Loans in Boston, Massachusetts

Lawsuit loans provide an essential financial lifeline during a difficult period. If you’re a plaintiff in a personal injury case and waiting for your legal settlement comes with financial strain, a lawsuit loan can help alleviate this pressure.

A lawsuit loan is a type of non-recourse advance against your future legal settlement. This means we only get paid if you win your case or settle out of court. Simply put, it’s a risk-free option.

At LawsuitLoans.io, we fund claims throughout Massachusetts. For more detailed information about our services in the state, please visit our Massachusetts Lawsuit Loans page.

Let’s look at an example: Meet Kathryn, a resident of Boston, Massachusetts. Kathryn was a pedestrian when she was involved in a motor vehicle accident. Due to her injuries, Kathryn had to stop working. The bills piled up. She needed a source of cash, so she turned to LawsuitLoans.io for a lawsuit loan.

After completing our easy application, Kathryn was approved for a lawsuit loan. The funds helped Kathryn pay her bills and maintain financial stability while she waited for her case to resolve. Her peace of mind returned, knowing she was able to weather the storm before her settlement came through.

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.

Telephone Icon - Starting the process is easy, just apply online or call toll free

Apply Online or Call Toll-Free

Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.

Review Icon - We quickly review your legal case.

We Review Your Case

Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.

Money Bag Icon - Once we approve your case, you and your attorney sign the contract and you get cash the same day

You Receive Funds

You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.

Important Massachusetts Lawsuit Loan Information

When it comes to lawsuit loans in Massachusetts, several key pieces of information are important to understand. Take into consideration the size of loans typically offered by LawsuitLoans.io as well as average rates and verdicts. This information can influence the amount and type of loan funding you may seek. We’ve provided detailed data below for your convenience.

Average loan amount by LawsuitLoans.io in Massachusetts $22,077.28
Largest loan by LawsuitLoans.io in Massachusetts $134,795.00
Average semi-annual rate in Massachusetts 19.4%
Median personal injury verdict in Massachusetts $31,000.00
Massachusetts statute of limitations 3 years; Mass. Ann. Laws Ch. 260 Section 1
Massachusetts fault laws Massachusetts is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident.
Boston population, 2020 675,647

Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

Common Case Types We Fund in Boston

We serve a wide variety of lawsuit types, providing funding to plaintiffs while they wait for their cases to settle. Here are some of the common lawsuit types we fund in Boston:

Auto and Other Roadway Accidents

Auto and other roadway accidents make up a large portion of the cases we fund. This can include car accidents, truck accidents, motorcycle accidents, pedestrian accidents, and bicycle accidents. In these cases, the plaintiff who has been injured in the accident seeks compensation for damages such as medical bills, loss of income, and pain and suffering.

Premises Liability Claims

A premises liability claim is when a person gets injured due to unsafe or defective conditions in or on someone else’s property. Common examples include slip and fall accidents at supermarkets, restaurants, and office buildings.

Medical Malpractice

Medical malpractice occurs when a healthcare professional deviates from the standard of care owed to the patient, leading to their injury. Examples include surgical errors, misdiagnosis, delayed diagnosis, childbirth injuries, and more.

Labor Law Claims

Labor law claims involve workplace rights issues such as wage theft, discrimination, wrongful termination, worker’s compensation, and more. If you are a worker whose rights have been violated, this category of claim may apply to you.

Employment Claims

Employment claims are closely related to labor law claims, but often deal with issues such as sexual harassment, retaliation, wrongfully denied benefits, and violation of employment agreements.

Other Personal Injury Claims

In addition to the above case types, we also provide funding for many other types of personal injury claims. If you have a personal injury claim not mentioned here, chances are we may still be able to help.

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.

Am I Eligible for a Lawsuit Loan in Boston?

If you’re considering a lawsuit loan, you may be wondering about the eligibility criteria. In essence, qualifying for pre-settlement funding through LawsuitLoans.io involves three main requirements:

  • Holding a valid legal claim: The basis for your lawsuit loan application is a legitimate legal claim against an insurance company, a self-insured company, or a large public entity. This means you should be the plaintiff in a pending legal case.
  • Representation by an attorney: Having an attorney to represent you in your lawsuit is crucial. They should be working on your case, ready to advise you, and help with the loan process.
  • Age requirement: Another important criterion is age. You must be at least 18 years old to apply for a lawsuit loan from LawsuitLoans.io.

If you meet these requirements, then you stand a good chance of being eligible for a lawsuit loan in Boston. Remember, each case is unique and the best way to determine eligibility is to apply directly through the LawsuitLoans.io funding application. Our team is here to help guide you through the process and answer any questions you may have.

Get Started

Apply today and get funds in as little as 24 hours!

Our Boston Lawsuit Loan Process

If you are a plaintiff eagerly waiting for your personal injury or other legal claims to resolve, a lawsuit loan can help tide you over financially until settlement. LawsuitLoans.io is a pre-settlement funding company offering this lifeline and we make the lawsuit loan process simple and straightforward in five steps:

  1. Apply online: Using our website, LawsuitLoans.io funding application, you can submit your application directly.
  2. We contact your law firm: Once your application is received, we will promptly reach out to your law firm for further details about your case.
  3. We review your case: Our team of experts will assess your case thoroughly, evaluate potential outcomes and decide if a lawsuit loan is feasible.
  4. You sign a contract: If your case qualifies for a lawsuit loan, you sign a contract outlining the terms, conditions, and funding amount.
  5. You get funds: After the contract is signed, the funds are directly transferred to your bank account quickly and hassle-free.

Let’s look at an example. Assume John Smith had a traffic accident and is currently litigating his personal injury claim. Facing mounting bills and financial pressure, John applied online for a lawsuit loan from LawsuitLoans.io. We reached out to his law firm, reviewed his case and agreed that a loan was suitable. After John signed the contract, we sent the agreed amount directly to John’s account. Hence, John got the monetary assistance he needed without having to stress over his pending litigation.

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 advance up to a maximum of 25% of your expected portion of the settlement. For cases that are already settled, we can offer up to 50% of your portion.

Let’s take an example: A plaintiff from Boston is involved in a car accident case with an estimated value of $100,000. The case will not settle for some time. Usually, medical providers would get about one third of the settlement, and the attorney would get another third. That leaves the plaintiff with around $35,000. In this situation, we could advance the plaintiff approximately 25% of their portion, which means around $8,250.

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.

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

Are you waiting for a legal case to resolve in Boston? If so, LawsuitLoans.io can help ease your financial burden with a swift and efficient pre-settlement loan process.

Once you have submitted your application, the team at LawsuitLoans.io begins to review your case immediately. We understand that time is of the essence when you’re dealing with legal matters, hence our aim to make a decision within one business day. This means you could potentially receive funds within 24 hours of applying.

This quick turn-around time is just one of the advantages that we offer. For instance, if you suffered a car accident, the compensation might take months, even years, to settle. But with LawsuitLoans.io, you don’t have to wait. We provide the funds you need to cover living expenses or medical bills while you wait for your claim to resolve.

The beauty of a pre-settlement loan is that it’s non-recourse. This means if you lose your case, you owe us nothing. Therefore, taking a lawsuit loan from LawsuitLoans.io is a risk-free solution to your financial woes while you focus on your legal battle.

Pros and Cons of Pre-Settlement Funding in Boston, Massachusetts

When dealing with personal injury or other legal claims, pre-settlement funding offers a viable solution. There are several advantages and disadvantages to consider when opting for this type of loan.

Benefits of Pre-Settlement Funding

  • Financial Relief: One of the significant benefits is immediate financial relief. Plaintiffs often face financial hardship while waiting for their case to resolve, and pre-settlement funding can alleviate this burden.
  • Early Access to Funds: This type of funding provides early access to funds, ensuring plaintiffs can meet their financial obligations without delay.
  • Avoid Early Settlement Pressure: With immediate access to funds, plaintiffs are less likely to be pressured into accepting an early settlement that may be less than they deserve.
  • Non-Recourse Loans: Lawsuit loans are non-recourse in nature, meaning if the plaintiff does not win the case, they do not have to repay the loan.

Costs or Cons of Pre-Settlement Funding

  • High Interest Rates: Despite the many benefits, pre-settlement funding generally comes with high interest rates compared to traditional loans.
  • Under-Regulated Industry: Pre-settlement funding is a generally unregulated or under-regulated industry. This lack of regulation can lead to issues with transparency and fair lending practices.
  • The Need for a Well Developed Case: To qualify for pre-settlement funding, one must have a well developed case with an attorney working on a contingency basis. Not all plaintiffs may meet these requirements.

You can learn more about pre-settlement funding or apply for a lawsuit loan by visiting our website LawsuitLoans.io or calling us at (800) 340-4973.

Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

Boston Pre-Settlement Funding FAQs

For Boston residents seeking pre-settlement funding, certain frequently asked questions could likely be on their minds. These include enquiries about the cost of a lawsuit loan, qualification requirements, and the likelihood of getting approved for funding if an individual has bad credit. Below, we aim to clarify these concerns.

How much does it get a lawsuit loan?

The cost of a lawsuit loan varies based on several factors. Such factors include the amount of money you need, your expected settlement, and the potential risk of the case. It’s crucial to talk with a legal financing professional to get an accurate estimate tailored to your unique situation.

Do I qualify for a lawsuit loan?

Qualifying for a lawsuit loan usually depends on the circumstances surrounding your lawsuit. If you have a valid personal injury claim or another legal claim, and are represented by an attorney, you may be eligible for a lawsuit loan from LawsuitLoans.io.

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

Yes, at LawsuitLoans.io, your credit score doesn’t determine the approval of your lawsuit loan. Our decision is based on the merits of your case. Thus, even if you have bad credit, you can get pre-settlement funding in Massachusetts.

Other Cities we Service in Massachusetts

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

Get Started

Apply today and get funds in as little as 24 hours!

Boston, MA Cases we Fund

LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Boston. Read more about the personal injury cases we fund in Boston here:

Read more about the roadway accident claims we fund in Boston here:

Apply now for a free consultation