Detroit, MI 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
Apply in Seconds
Important Michigan Lawsuit Loan Information
This section will provide concise information about lawsuit loans in Michigan. We will present crucial figures such as the average loan amount, largest loan offered, and typical semi-annual rate provided by our company, LawsuitLoans.io. Furthermore, we will give insights into Michigan’s legal landscape, including details about the average injury verdicts, statutory limitations, and fault laws. Lastly, we close off with some demographic data for context.
| Average loan amount by LawsuitLoans.io in Michigan | $14,419.51 |
| Largest loan by LawsuitLoans.io in Michigan | $100,700.00 |
| Average semi-annual rate in Michigan | 20.6% |
| Median personal injury verdict in Michigan | $99,506.00 |
| Michigan statute of limitations | 3 Years; Michigan Comp. Laws Section 600.5801 |
| Michigan fault laws | Michigan is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident. |
| Detroit population, 2020 | 639,111 |
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.
Common Case Types We Fund in Detroit
We fund a vast array of case types in Detroit. These are some of the most common cases we support:
- Auto and Other Roadway Accidents: These involve accidents occur on roads, highways, and even parking lots. Whether it’s a car, biking, or pedestrian accident, we offer funding.
- Premises Liability: If you’re injured on someone else’s property due to negligence, it falls under premises liability. Our funding can help cover medical bills, lost wages, and more.
- Medical Malpractice: This is when a healthcare provider causes injury to a patient through a negligent act or omission. Examples include errors in diagnosis, treatment, or health management.
- Labor Law Claims: These claims deal with the rights of workers. It could be unpaid wages, unfair treatment, unsafe work conditions, or other work-related issues.
- Employment Claims: These relate to situations where your employer may have violated employment law. This includes issues like harassment, wrongful termination, overworking without sufficient pay, etc.
- Other Personal Injury Claims: Other personal injuries can include anything from dog bites, slip and fall cases, product defects, etc. As long as there is a verifiable injury caused by someone else’s negligence, we offer support.
If any of these situations apply to you and you’re seeking legal redress, apply here for funding to support your case while it is being resolved.
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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Lawsuit Loan in Detroit?
Finding out your eligibility for a lawsuit loan in Detroit is fundamental. There are some specific requirements that you need to meet. Primarily, these eligibility criteria are targeted at ensuring that you have a solid legal claim or case.
An important condition for eligibility is having a valid legal claim against either an insurance company, a self-insured company, or a large public entity. Your claim should be strong and carry a reasonable likelihood of eventual success in court or settlement proceedings. This is crucial as the legal skirmishes could be protracted and the funding given to any plaintiff is recovered from the batting’s result.
You also need to have an attorney representing you in your case. This is non-negotiable. The presence of an attorney gives more credence to your claim and increases your chances of obtaining a lawsuit loan.
Finally, an eligibility standard is that you must be at least 18 years of age. This is a common age requirement for entering into contracts by law and it applies to lawsuit loans too.
To start exploring your options, simply connect with us via our website LawsuitLoans.io or by calling our toll-free phone number (800) 340-4973. You can also apply directly through the LawsuitLoans.io funding application.
How quickly can I get a pre-settlement lawsuit loan in Detroit?
At LawsuitLoans.io, we understand that many plaintiffs are facing financial stress while they wait for their legal cases to resolve. That’s why we work hard to make our process as fast and simple as possible. Once you submit your application, we endeavor to review your case promptly and make a decision within 24 hours.
This swift response means that if your application is successful, you could be receiving the funds you need faster than you might expect. So how does it work? Let’s say you’ve been injured in a car accident and have submitted a claim. Once your lawyer sends us the necessary paperwork, we immediately start reviewing your case.
We carefully examine the details, such as how the accident happened, the severity of your injuries, and the likely outcome of your case. If we deem the case to be strong, then we approve your application and transfer the funds straightaway. This process generally takes no more than 24 hours.
So if you’re based in Detroit and are in need of a pre-settlement lawsuit loan, we stand ready to assist. Our aim is to alleviate your financial pressure, enabling you to focus on what really matters – your recovery and your case.
Get Started
Apply today and get funds in as little as 24 hours!
Other Cities we Service in Michigan
LawsuitLoans.io provides funding throughout Michigan. See more about our funding in other key Michigan cities by visiting the pages below:
Detroit, MI Cases we Fund
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Detroit. Read more about the personal injury cases we fund in Detroit 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 Detroit here:
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.