Washington 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 Washington Lawsuit Loan Information
This section aims to provide vital information on lawsuit loans in Washington. We understand the complexities involved and strive to make it as comprehensible as possible. Here are key details you need to know when considering lawsuit loans from LawsuitLoans.io in Washington state:
| Average loan amount by LawsuitLoans.io in Washington | $10,756.05 |
| Largest loan by LawsuitLoans.io in Washington | $60,262.00 |
| Average semi-annual rate in Washington | 20.7% |
| Median personal injury verdict in Washington | $8,900 to $78,000 |
| Washington statute of limitations | 3 Years; Title 4 Ch. 16 Section 4.16.080 |
| Washington fault laws | Washington 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 can range from $500 – $1,000,000+. Our company can advance up to a maximum of 25% of your expected portion of the settlement while your case is still in progress. In the scenario where your case has already been settled, we have the ability to offer 50% of what you expect to get from the settlement.
Here is an example to give an idea about how it works:
Let’s consider a plaintiff based in Washington involved in a car accident case with the estimated value of settlement being $100,000. The case will not be settling for some time. In this case, the payout generally divides like this – medical providers receive around 1/3 of the settlement, leaving another third for the attorney and about $33,000 for the plaintiff. Based on this arrangement, we, at LawsuitLoans.io, can advance approximately 25% of the plaintiff’s portion, which turns out to be $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 Washington
At LawsuitLoans.io, we provide funds to plaintiffs awaiting resolution of different case types. Some of the most common cases we fund in Washington are:
- Auto and Other Roadway Accidents: This includes car, truck, motorcycle accidents, and other incidents that occur on the road. These cases often involve negligence from one or more parties leading to injury or property damage.
- Premises Liability: It involves accidents that occur due to unsafe conditions in a property, like inadequate maintenance, slip and fall accidents, etc.
- Medical Malpractice: We offer funds for cases where healthcare professionals failed to provide adequate care or treatment resulting in harm to the patient.
- Labor Law Claims: This involves cases where employers violate labor laws leading to harm or threats to the workers.
- Employment Claims: This includes situations related to wrongful termination, discrimination, harassment, and other workplace disputes.
- Other Personal Injury Claims: Apart from the above types, we also fund other personal injury claims based on the merits of the case.
You can learn more about how we support plaintiffs in each specific case type by visiting the following pages: Washington Personal Injury Loans and Washington Car Accident Loans.
Am I Eligible for a Lawsuit Loan in Washington?
When seeking a lawsuit loan in Washington, it is crucial to understand the eligibility criteria. The fundamental requirements essentially include three key points.
Firstly, the plaintiff must have an active legal claim against an insurance company, a company that is self insured, or a significant public entity. This is required as it is this claim that attracts the funding.
Secondly, having an attorney is a prime requirement. Your attorney plays a critical role in providing all the necessary legal documents and assisting in the application process.
Lastly, the age factor is important. Only individuals of at least 18 years of age are eligible to apply for a lawsuit loan.
In summary, if you satisfy these conditions – having a valid legal claim, having engaged an attorney and being 18 or above – you meet the primary eligibility criteria for a lawsuit loan in Washington.
Get Started
Apply today and get funds in as little as 24 hours!
What Can I Use the Money From My Lawsuit Loan For?
No restrictions exist on how you use your lawsuit loan funds. Many of our clients at LawsuitLoans.io find immense relief knowing they can cover living expenses while their case is ongoing. You could use the money for rent, food, utilities, or even car payments.
Medical bills are often a large burden for those with personal injury claims. Your loan can alleviate this stress by covering these expenses. This also includes rehabilitation costs, medications, or any aftercare you may need following the procedure/surgery.
However, one important detail to remember is that the funds received from a lawsuit loan cannot be used to cover actual litigation or legal case expenses. These funds are specifically designed to assist your daily life and healthcare needs while waiting for your case to be settled.
Washington Pre-Settlement Funding FAQs
We have compiled the most frequently asked questions by Washington residents interested in lawsuit loans. Let’s delve into them:
How much does it cost to get a lawsuit loan?
The cost of a lawsuit loan varies greatly and depends on the specifics of your individual case. It includes factor rate or interest rate, along with any possible fees. The team at LawsuitLoans.io works to ensure our rates are competitive and fair.
Do I qualify for a lawsuit loan?
In order to qualify for a lawsuit loan in Washington, you need to have a attorney representing you in your case. Also, the potential payout from your pending litigation must be substantial enough to justify a loan. The specialists at LawsuitLoans.io can determine your eligibility quickly by analyzing the facts of your case.
How much funding can I get?
The funding amount for a lawsuit loan can vary substantially from case to case. It is primarily determined based on the projected value of your lawsuit. If our team feels that your case is strong and likely to result in a substantial settlement or jury award, the potential lawsuit loan amount can be higher. To get a clearer idea, apply online via the LawsuitLoans.io funding application.
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.
Cases we Fund in Washington
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Washington. Read more about the personal injury cases we fund in Washington 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 Washington here: