New Hampshire Lawsuit Loans

What is a Lawsuit Loan and How Does it Work in New Hampshire?

A lawsuit loan, also known as legal funding or pre-settlement funding, is a cash advance given to plaintiffs who are waiting for their legal case to settle. This type of loan is non-recourse, meaning you don’t have to pay back the funds if you lose your case.

In New Hampshire, getting a lawsuit loan is simple. After you apply through the LawsuitLoans.io funding application, our team looks over your case. If approved, you can receive funds within 24 hours.

Funds from a lawsuit loan can be used for any personal expenses such as paying bills, rent, or medical expenses while you wait for your legal case to complete. You only pay back the loan if you win your case, providing you with financial peace of mind.

Important New Hampshire Lawsuit Loan Information

In the state of New Hampshire, lawsuit loans have been a valuable tool for plaintiffs who are waiting for the resolution of their personal injury or other legal cases. By providing funds upfront, they can help eliminate financial stress during an already challenging time. Here is some important data specific to New Hampshire that can give you a better idea of what to expect when considering a lawsuit loan.

Common Case Types We Fund in New Hampshire

At LawsuitLoans.io, we provide funds for several types of cases. The majority of these arise from various situations that constitute a personal injury claim. Below are the most common case types we fund.

Auto And Other Roadway Accidents

In these cases, individuals suffer injuries due to accidents on the road. This category includes car, truck, motorcycle, pedestrian, and bicycle accidents. Awards in these cases are primarily for medical bills, lost wages, and pain and suffering.

Premises Liability

Premises liability cases involve situations where an individual gets injured on another person’s property. Awards typically cover medical expenses, lost income, and any pain and suffering endured.

Medical Malpractice

When a healthcare professional’s negligence causes injury or harm, it falls under medical malpractice. Compensation generally includes cost of additional medical treatment, loss of earning capacity, pain and suffering, among others.

Labor Law Claims

These claims arise when workers suffer injuries on the job due to employer negligence, lack of training, or inadequate safety measures. Such claims often result in compensation for medical bills and lost wages.

Employment Claims

We also fund employment-related cases, such as those involving wrongful termination, discrimination, and harassment. Compensation can include lost wages, emotional distress, and punitive damages.

You can learn more about these common case types by visiting our pages: New Hampshire Personal Injury Loans and New Hampshire Car Accident Loans. Contact us at LawsuitLoans.io to apply for funding and get the financial support you need while you wait for your case to resolve.

Am I Eligible for a Lawsuit Loan in New Hampshire?

Obtaining a lawsuit loan in New Hampshire requires meeting specific eligibility criteria. To qualify, you must satisfy the following primary conditions:

• You should have a valid legal claim against an insurance company, a self-insured company, or large public entity.
• You must be represented by an attorney.
• You must be at least 18 years old.

Law firms and legal finance companies, such as LawsuitLoans.io, review these factors to determine your eligibility for a lawsuit loan. Visit the LawsuitLoans.io funding application page for more information, or give us a call at (866) 594-1343.

Our New Hampshire Lawsuit Loan Process

Understanding how lawsuit loans work can seem challenging at first. Don’t worry, we, at LawsuitLoans.io, will guide you through our simple five-step process. Here’s an overview:

1. Apply online – Your journey begins with a simple online application at our website LawsuitLoans.io funding application.
2. We contact your law firm – Once you apply, we’ll reach out to your law firm. This allows us to get information about your case.
3. We review your case – Our experienced team reviews your case carefully. We assess facts and estimate what’s a fair pre-settlement funding amount.
4. You sign a contract – If approved, we send you a contract. After you and your attorney review and sign it, the process moves forward.
5. You get funds – Upon receiving the signed contract, we expedite the funds to you. You now have the financial support needed to continue your case without stress.

Let’s provide an example of how this works with a hypothetical plaintiff, John:

John, a New Hampshire resident, has a pending personal injury lawsuit. He faces financial strain because he cannot work while healing. He visits our website and fills out the online application. Our team then contacts his law firm to gather information about his case. After reviewing his complete information, John is approved for a lawsuit loan. We send him a contract which he reviews with his attorney before signing. Once we receive his signed contract, we transfer funds to John. He now has the money needed to manage his expenses while his lawsuit is being resolved.

How Much Money Can I Get From my Lawsuit Loan?

Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For cases that have already been settled, we can offer 50% of your expected part of the settlement.

Let’s take an example. Assume there is a plaintiff in New Hampshire who is involved in a car accident case with an estimated value of $100,000. The case is still in progress and not expected to settle for some time. In this situation, medical providers typically get paid around 1/3 of the settlement, the attorney takes another 1/3, and the plaintiff receives around $33,000. With our services, we can advance around 25% of that amount or $8,250.

What Can I Use the Money From My Lawsuit Loan For?

If you receive a lawsuit loan from LawsuitLoans.io, you have the freedom to use your funds as you wish. Generally, plaintiffs use the money to cover essential living expenses and medical costs.

Living expenses can be wide-ranging. For example, you may use your funds to pay for utilities, rent, or mortgage payments. Groceries, car payments, and even childcare may also fall under this category. It’s crucial to keep your day-to-day life running, and a lawsuit loan can give you that financial cushion.

Regarding medical expenses, a lawsuit loan can help offset the high cost of healthcare. If you’ve been injured and are in the middle of a personal injury case, borrowing against your potential settlement can enable you to afford necessary treatments, surgeries, follow-up appointments, and medications.

However, there is one limitation to keep in mind. The borrowed funds cannot be directly used for litigation expenses or any costs relating directly to your ongoing legal case. This means you cannot use the loan to pay your attorney’s fees or court filing fees, which should be managed separately.

Pros and Cons of Pre-Settlement Funding in New Hampshire

There are both positive aspects and disadvantages to consider when exploring pre-settlement funding options. Some of the main benefits include providing financial relief, allowing early access to funds, avoiding pressure to settle a case early, and its non-recourse nature.

Financial relief is often a major advantage. Legal cases can take a long time to settle, leaving plaintiffs dealing with stressful financial situations. Pre-settlement funding assists by offering funds up-front while waiting for case resolution.

Pre-settlement funding provides plaintiffs the chance to access needed funds before their case is settled. This financial assistance may help cover immediate expenses such as rent, medical bills, and daily living costs.

Another benefit is the avoidance of premature settlement pressure. By significantly having access to funds, plaintiffs aren’t compelled to accept lowball settlement offers they might feel coerced into just to alleviate financial distress.

On top of these, the non-recourse nature of lawsuit loans entails that if you lose your case, you’re not obligated to repay the funds.

However, there are also drawbacks associated with pre-settlement funding. These include relatively high interest rates, general lack of thorough regulation in the industry, and the requirement to have a well-developed case with an attorney working on a contingency basis.

Interest rates for pre-settlement funding may be higher than traditional loan options. This might grow the overall pay back amount and could potentially consume a larger portion of your eventual settlement award.

Another con is this sector’s generally unregulated or under-regulated state. This fact highlights the importance of careful and informed decision-making when choosing a funding company.

The last noted disadvantage is the necessity to have a well developed case managed by an attorney functioning on a contingency basis. This requirement ensures the applicant holds a solid claim and that their attorney is prepared to successfully advocate for their cause.

Major Cities We Fund in New Hampshire

LawsuitLoans.io provides funding to plaintiffs across the United States, including those living in the diverse state of New Hampshire. We proudly support residents in the following top 10 cities based on population:

1. Manchester
2. Nashua
3. Concord
4. Derry
5. Dover
6. Rochester
7. Salem
8. Merrimack
9. Hudson
10. Londonderry

No matter where you live in New Hampshire or the nature of your lawsuit, LawsuitLoans.io is committed to providing you with the pre-settlement funding you need while you wait for your case to conclude.

Getting started is straightforward. Simply call our toll-free number at (866) 594-1343 or apply online using our secure funding application form.

New Hampshire Pre-Settlement Funding FAQs

Desiring to apply for a lawsuit loan in New Hampshire? Often, a lot of questions come up in your mind before going ahead. Below, we have answered some of the most commonly asked ones:

How much does it cost to get a lawsuit loan?

The cost of a lawsuit loan relies not only on your case but also on the amount you borrow. At LawsuitLoans.io, we always work to provide competitive interest rates. After discussing the details of your case with our team, we can give you a good idea of what your lawsuit loan may cost.

Do I qualify for a lawsuit loan?

Requirements for qualifying for a lawsuit loan typically include having a valid personal injury or other legal claim and being represented by an attorney. You will also need to provide us with the details of your case, so our team can review it and decide if you quality. For more specific information, contact us directly at (866) 594-1343 or check our application located at LawsuitLoans.io funding application.

How much funding can I get?

The amount you can receive for your lawsuit loan depends on the strength and value of your case. This is determined after our team reviews your case details. Remember, we are here to help you obtain the funds you need while your legal case resolves.

Cities we Service in New Hampshire

LawsuitLoans.io provides funding throughout New Hampshire. See more about our funding in New Hampshire by visiting the city pages below:

• Manchester
• Nashua
• Concord
• Derry
• Dover