Texas 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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Important Texas Lawsuit Loan Information
This section offers crucial information about lawsuit loans in Texas. It provides details like the average loan amount by LawsuitLoans.io, the largest loan amount, and average semi-annual rate, among other relevant data. Please peruse the table below:
| Average loan amount by LawsuitLoans.io in Texas | $10,473.47 |
| Largest loan by LawsuitLoans.io in Texas | $182,596.60 |
| Average semi-annual rate in Texas | 21.1% |
| Median personal injury verdict in Texas | $12,281.00 |
| Texas statute of limitations | 2 Years; Civ. Prac. & Rem Code Title 2 Ch. 16 Section 16.003 |
| Texas Fault laws | Texas is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
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.
How Much Money Can I Get From my Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io vary in amount, with a range of $500 to over $1,000,000. We are able to offer an advance up to a maximum of 25% of your expected part of the settlement if your case is still ongoing. If your case is already settled, we can potentially provide an advance up to 50% of your anticipated share of the settlement.
For example, take the case of a plaintiff from Texas involved in a car accident. The case has an estimated value of $100,000 and is yet to be settled. Upon settlement, medical providers typically receive around 1/3 of the settlement, while the attorney also gets about 1/3. The remaining roughly $33,000 goes to the plaintiff. With LawsuitLoans.io, the plaintiff can receive an advance of about 25% of that amount, equating to approximately $8,250.
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
Common Case Types We Fund in Texas
At LawsuitLoans.io, we provide funding for a variety of case types in Texas. The most common claims we fund include:
- Auto and Other Roadway Accidents: These are accidents that occur on the roadways, specifically those involving cars or other vehicles.
- Premises Liability: This type of claim occurs when an injury is caused by unsafe conditions on someone else’s property.
- Medical Malpractice: This claim comes to play when medical professionals fail to provide the standard of care expected, leading to injuries.
- Labor Law Claims: These are claims related to issues in the workplace, such as wage theft or unsafe work conditions.
- Employment Claims: These are claims that arise from unfair treatment at work, like discrimination or wrongful termination.
- Other Personal Injury Claims: These are claims for injuries caused by others’ neglect or intentional harmful actions.
To learn more about these types of claims and the funding options available, we encourage plaintiffs to visit our pages dedicated to Texas Personal Injury Loans and Texas Car Accident Loans.
Am I Eligible for a Lawsuit Loan in Texas?
If you are involved in a legal claim in Texas, you might be wondering whether you qualify for a lawsuit loan. There are a few key eligibility requirements that you need to meet.
The primary eligibility criteria for a lawsuit loan include the following:
- You must have a valid legal claim against an insurance company, a self insured company, or a large public entity.
- You must have an attorney. Working with a lawyer is important because they will play a crucial role in your case and funding process.
- You must be at least 18 years old, as this is a legally binding agreement.
In summary, if you have a legitimate legal case, have an attorney, and are of legal age, you may be eligible for a lawsuit loan in Texas. Visit LawsuitLoans.io for more information or call (800) 340-4973 to speak with a representative.
Get Started
Apply today and get funds in as little as 24 hours!
What Can I Use the Money From My Lawsuit Loan For?
If you are a plaintiff with a pending legal case and you obtain financial help through a lawsuit loan from LawsuitLoans.io, you might be wondering how you can use this money. Here’s the clear, straightforward answer: You can use the funds for pretty much anything, especially your basic living and medical expenses.
Many plaintiffs find it difficult to keep up with their daily bills and expenses while they wait for a settlement or verdict in their favor. This is where a lawsuit loan comes in handy.
You can use the funds to cover everyday expenses such as rent or mortgage payments, groceries, utilities, car payments, and other living costs. In addition, if you have incurred medical bills due to your personal injury, the money from the lawsuit loan can be used to help pay these off as well.
Examples include hospital stays, laboratory tests, physical therapy, prescription medications and more. So, whether it’s buying food for your family, keeping the lights on, paying your rent, affording much-needed medical treatments or simply ensuring that you can maintain your standard of living during this challenging time, a lawsuit loan from LawsuitLoans.io can significantly ease your financial burden.
The only thing you cannot use the funds for is to directly pay for litigation or legal case expenses. Remember, a lawsuit loan from LawsuitLoans.io is designed to assist you with your personal, not legal, expenses.
Texas Pre-Settlement Funding FAQs
When it comes to pre-settlement funding in Texas, several questions often arise. The most frequent inquiries involve the cost, qualification, and amount of funding. Let’s tackle these one-by-one below:
How much does it cost to get a lawsuit loan?
Pre-settlement funding, also known as a lawsuit loan, is not like a traditional loan. There are no monthly payments or upfront fees. The fee will depend on the specifics of your case and the amount you require. Once your case resolves successfully, you only need to pay from the settlement amount.
Do I qualify for a lawsuit loan?
To qualify for a lawsuit loan, you need an active legal case ongoing or pending. Your attorney should represent you, and your case ideally should be strong enough to result in a settlement or verdict in your favor.
How much funding can I get?
The amount of funding you can receive depends on the projected value of your eventual settlement. After reviewing your case details, the funding company decides on an amount that generally ranges from a few thousand dollars to even millions.
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.
Cities we Service in Texas
LawsuitLoans.io provides funding throughout Texas. See more about our funding in Texas by visiting the city pages below:
Cases we Fund in Texas
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Texas. Read more about the personal injury cases we fund in Texas 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 Texas here: