Lawsuit Loans: A Fast and risk-free Solution While Your Case is Pending

Get a quick and risk-free pre-settlement loan for your lawsuit.

When faced with a prolonged lawsuit settlement process, financial struggles can arise. Fortunately, lawsuit loan funding provides the solution to cover your bills and expenses while awaiting your settlement. Apply for a quick lawsuit loan online and get the lowest interest rates starting at 2.95% to 3.4% monthly (simple), with a 3-year cap in as little as 24 hours. Choosing a pre-settlement loan company with low rates will help you save money and regain financial stability.

PRE-SETTLEMENT LAWSUIT LOANS

Attorneys know that getting access to money quickly from a lawsuit loan company like Baker Street Funding is an effective way to make sure that you have enough money to pay your bills on time and maintain your standard of living until the dispute is resolved.

Baker Street Funding eliminates the financial hardship of your legal journey and allows you to focus on winning your case and getting back on your feet. As part of our commitment to providing you with financial support, we provide lawsuit loans to plaintiffs in 42 states. Our highly skilled lawyers carefully assess the most complex personal injury cases nationwide and make funding decisions within 24 hours. 

With our commitment to reducing costs, our team will tailor your loan to cover only what you need as often as you need to. Unlike other pre-settlement funding companies, we offer transparent and reliable services without hidden fees or surprises. During the evaluation process, we will work closely with your personal injury lawyer to maximize your loan benefits and secure a fair deal.

Once approved, you can have peace of mind knowing that we believe in your case and are committed to seeing it through to the end. 

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Loans on pending lawsuits

5 things to know about lawsuit loans.

How do lawsuit loans work?

A lawsuit loan is a financial option where a borrower receives a non-recourse cash advance against a potential settlement or court judgment of their case. This type of loan goes by several names, including pre-settlement funding, settlement loans, and cash advances. It is specifically designed to cater to injured plaintiffs who need funds to cover their daily expenses, medical bills, or other financial responsibilities until the case is resolved.

Repayment terms for a pre-settlement loan vary between lenders but are generally based on a predetermined percentage of the anticipated settlement or lawsuit award. These terms can include an interest rate and fees associated with the advance. Like any financial transaction, this type of funding comes with risks. One of the primary risks is that if you lose your case, you may be responsible for repaying the loan with some lenders.

However, funding companies like Baker Street Funding offer non-recourse lawsuit loans, and we do not require repayment if you don’t receive financial compensation. If your lawsuit is successful and you receive a settlement, the funding amount, along with accrued interest and fees, is repaid from the settlement proceeds.

In some states, lawsuit cash advances are regulated like conventional bank loans, where interest rates must adhere to state maximum caps, whereas in other states, there are no restrictions on rate charges. Regardless of where you fund your case, lawsuit settlement loans carry higher interest rates compared to financial institutions. This is due to the inherent risk associated with non-payment.

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Types of lawsuit loans available for plaintiffs.

A lawsuit loan, also known as a non-recourse advance, covers a wide range of cases. These include wrongful imprisonment, wrongful death, truck accidents, nursing home negligence, slip and fall, medical malpractice, motorcycle accidents, and more. No matter the type of case, legal funding provides financial assistance when you need it. You can cover immediate expenses like medical bills and day-to-day living costs.

The difference between traditional loans and pre-settlement loans.

Lawsuit loans offer a special option for accident victims seeking justice, setting them apart from traditional funding methods such as bank loans, personal loans or credit cards. Rather than following the standard loan structure, a lawsuit loan serves as an alternative source of financing during the legal process.

Access Financing without Repayment Obligations

Legal funding differs significantly from conventional loans. One key distinction is that if your case is unsuccessful, you are not obligated to repay the loan. There is no personal liability involved. This ensures that you won't risk losing your car, house, or any of your assets.

Access Financing without Repayment Obligations

Legal funding differs significantly from conventional loans. One key distinction is that if your case is unsuccessful, you are not obligated to repay the loan. There is no personal liability involved. This ensures that you won’t risk losing your car, house, or any of your assets.

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Easy Qualification—No Credit Check or Income Verification Needed

Lawsuit funding eligibility is not dependent on your credit report or job status. Unlike a traditional loan, a lawsuit loan is primarily based on the eventual settlement of your case, rather than your current financial situation.

Easy Qualification—No Credit Check or Income Verification Needed

Lawsuit funding eligibility is not dependent on your credit report or job status. Unlike a traditional loan, a lawsuit loan is primarily based on the eventual settlement of your case, rather than your current financial situation.

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Freedom from Monthly Payments—or Recurring Bills

With a lawsuit loan, not only will you be able to obtain funds without providing your financial profile, but you won't have to stress about paying it back on time, late fees, rising debt, or unexpected costs that come with traditional financing.

Freedom from Monthly Payments—A Lawsuit Loan To Relieve Financial Stress

With a lawsuit loan, not only will you be able to obtain funds without providing your financial profile, but you won’t have to stress about paying it back on time, late fees, rising debt, or unexpected costs that come with traditional financing.

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Lawsuit loan benefits.

Lawsuit loans offer several advantages that can help you during your legal battle. From providing quick access to cash to allowing you to cover living expenses and ensuring you can pursue a fair settlement, here’s how it can benefit you:

Faster Cash Availability than Banks.

A lawsuit loan provides a faster and less restrictive alternative to traditional loans. If you’re struggling financially due to your accident, lawsuit funding can help you get the cash you need promptly.

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Additional Funding Throughout Your Case.

As your case progresses, you can secure additional funding for the same lawsuit as long as the requested amount is less than 20% of your projected payout. This flexibility ensures you can borrow money whenever you need them.

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Flexible Use of Lawsuit Loan Funds

Lawsuit funding comes with minimal limitations on how you can use the funds. Whether it’s paying medical bills, covering living expenses, child support, utilities, transportation, or addressing other emergencies, you have the freedom to allocate the funds where they’re needed most.

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It Helps Pursue a Fair Settlement.

By providing financial assistance during your legal battle, a lawsuit loan allows you to avoid settling for less than you deserve due to financial strain. Having enough funds to support your case empowers you to seek the settlement you deserve.
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Faster Cash Availability than Banks.

A lawsuit loan provides a faster and less restrictive alternative to traditional loans. If you’re struggling financially due to your accident, lawsuit funding can help you get the cash you need promptly.

Additional Funding Throughout Your Case.

As your case progresses, you can secure more funding over time as long as the requested amount is less than 20% of your projected payout. This flexibility ensures you can borrow money whenever you need them.

Flexible Use of Lawsuit Loan Funds

Lawsuit funding come with minimal limitations on how you can use the funds. Whether it’s paying medical bills, covering living expenses, child support, utilities, transportation, or addressing other emergencies, you have the freedom to allocate the funds where they’re needed most.

It Helps Pursue a Fair Settlement.

By providing financial assistance during your legal battle, a lawsuit loan allows you to avoid settling for less than you deserve due to financial strain. Having enough funds to support your case empowers you to seek the settlement you deserve.

This is how the pre-settlement funding process works.

At Baker Street Funding, we understand the urgency of your financial needs while waiting for a pending lawsuit. Our pre-settlement funding process is designed to be simple, efficient, and fast, providing you with up to 20% of the estimated value of your case within 24 hours. Here’s how it works:

This is how the best lawsuit loan companies compare.

There are many reasons why you might need extra money when you are waiting on a lawsuit. You may be facing medical costs, unexpected expenses, or even the loss of income due to your injury. However, you do not want to make any important financial decisions and pay more than you should once your case is won.

Choose the best lawsuit loan company to steer clear of predatory lending practices. Since the federal government does not regulate lawsuit loans, some lenders can make a funding offer without having to follow certain industry-established standards and consumer protections. To get the best deal, read the loan contract carefully, seek guidance from your attorney, and ensure that interest rates are capped and non-compounding.

Remember, pre-settlement advances from the best lawsuit loan companies in the United States help avoid the pitfalls of funding your case with a predatory funding company. The best pre-settlement loan companies can close a transaction for you in as little as 24 hours. As a nationally recognized leader in the industry, Baker Street Funding prioritizes transparency so you can secure the right cash advance quickly. 

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Baker Street Funding Other lawsuit lenders
Funding amounts $1,500 - $2mm Up to $250,000
Cap 3 year cap No cap
Monthly rate 2.95% - 3.4% simple 2.95% - 5% compound interest
Underwriting time 24-48 hours 5 - 7 days
Contracts Costs as advertised Show another number on contract

Lawsuit loans with low-interest rates—a financial solution for plaintiffs.

The cost of the typical lawsuit loan company is high, and this can be frustrating for cash-strapped plaintiffs who shouldn’t have to bear this burden. Luckily, we can provide you with a risk-free lawsuit loan with a low-interest rate so you can cover living expenses without worrying about how much the loan will cost when your case resolves. At Baker Street Funding, we believe that all cash advances for civil lawsuits should be protected, which is why we offer a 2 to 3-year loan rate cap with simple interest. Your interest will cease after that cap is reached. Fund your case with Baker Street Funding and get the lowest rates available. Want an even lower rate? Have your attorney refer your case to us. Some of our clients have seen savings as high as 22% a year by working with us. We could help you save hundreds—or even thousands— of dollars on interest.

The cost of the typical lawsuit loan company is high, and this can be frustrating for cash-strapped plaintiffs who shouldn’t have to bear this burden. Luckily, we can provide you with a risk-free lawsuit loan with a low-interest rate so you can cover living expenses without worrying about how much the loan will cost when your case resolves. At Baker Street Funding, we believe that all cash advances for personal injury lawsuits should be protected, which is why we have simple rates capped in the second or third year of your loan. Your interest will cease after that cap is reached. Fund your case with Baker Street Funding and get the lowest rates available. Want an even lower rate? Have your attorney refer your case to us. Some of our clients have seen savings as high as 22% a year by working with us. We could help you save hundreds—or even thousands— of dollars on interest.

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Ready to apply?

Apply for a lawsuit loan with low rates and transparent terms through Baker Street lawsuit money lender. Call (888) 711-3599 and speak with a U.S.-based funding specialist. Unlike other legal funding companies, we only charge simple interest, and there are no hidden fees. Your application carries no commitment until a contract is signed. Our cash advances are risk-free, with no negative impact on your credit or personal finances, and no obligation to repay if you lose your lawsuit. Take the first step towards financial assistance by applying for funding today and experience fast approval.

FAQ.

Have questions? You can count on Baker Street Funding for personalized assistance, answers to your questions, and full financial support until your case settles.

Your rate will ultimately depend on the risks and complexity of your claim—stronger cases tend to unlock lower rates. On average, Baker Street Funding provides fixed interest rates, and they vary from 2.95% up to 3.4% per month.

A fixed interest rate on a lawsuit loan stays the same for the life of the loan. Plus, you will get a 2-3 year capped rate. Say, for instance, if your case takes longer than two or three years to settle or resolve, you won’t have to pay extra interest on the loan. A cap protects you from unreasonably high costs that can eat up your financial compensation when it is time for repayment.

Want to calculate how much funding will cost you? Check out our Pre-Settlement Loan Calculator.

Baker Street Funding can qualify you for funding if you’re 18+, have an attorney, and have an employment dispute, a civil rights case, or personal injury litigation, worth $50,000+ that has a high chance of winning. Additionally, your lawyer has to be willing to participate and sign off on the financing agreement.

In some cases, it may be possible to apply for a lawsuit loan even if you have already received funding from another pre-settlement funding company. However, this will depend on the specific circumstances and agreements involved. You should disclose any existing funding arrangements during the application process so that the lender can assess your eligibility.

A lawsuit loan can be used for all necessities, but it cannot be used for law firm fees, gambling, or illegal activities.

The repayment is handled by your attorney between 3 to 14 business days after receiving the settlement funds or judgment award, along with interest and charges deducted from the total amount.

You should always consult with your lawyer so that you have clarity on the repayment obligations and legal aspects of the loan.

You can get multiple cash advances based on the value of your case. Strong claims can qualify for additional funds when needed. While not all cases support multiple advances, 80% of claims at Baker Street Funding come back for more money.

Learn more: How Many Loans Can I Get For My Lawsuit Settlement?

Yes, you can still get a lawsuit loan if you have bad credit or even if you are currently employed. Employment status and credit are not determining factors for eligibility.

Additionally, there is no impact on your credit score. Baker Street Funding does not perform credit checks or report to credit bureaus. Our loans are secured by your potential compensation and not your credit history.

In most cases, you can get funding if you have already settled your case for $50,000 or more but have yet received your settlement money.

Filing for bankruptcy, owing money to the IRS, and owing child support may impact your eligibility for a lawsuit advance.

The reason for this is that these outstanding liens will automatically be collected from the monetary recovery of your case, and your attorney must pay them before they pay the lender.

Insurance companies often use tactics to delay settlements and discourage claimants from pursuing compensation. Lawsuit cash advances provide funds for major financial needs, allowing claimants to wait for the settlement they deserve. This financial security helps the negotiation process for a favorable settlement and gives the claimant’s attorney the time and resources needed. 

Baker Street Funding does not accept applications involving class action lawsuits. 

Rate Non-compounding starting at 2.95% p/month
Limit 2 – 3 year cap
Funding time 24 hours
Funding amounts $1,500 up to $2,000,000
Risks None

Learn about personal injury lawsuits, lawsuit funding regulations, and where to find help with money.

This is Tooltip!

Consumer legal funding (also known as lawsuit loans) is not regulated by the federal government and is not regulated in most states because it does not come under the category of bank loans or other financial institutions that provide loans.

Although people often refer to money advanced from a personal injury as a “loan” or lawsuit “loan,” this is incorrect. Legal funding is actually an investment made on a portion of your potential insurance proceeds and is essentially not a loan, as it does not require repayment in the event of a lost case.

Depending on the state’s legal system, liability is an important consideration in personal injury claims. In a fault-based system, you retain the right to seek compensation from the parties responsible for your injuries. Conversely, in a no-fault-based system, your PIP insurance covers the damages regardless of who is at fault. Joint liability can allow accident loans in some states, but it is generally not feasible in at-fault states.

Your damages act as a ceiling for the compensation you can receive through a settlement or lawsuit award. In certain states, there are limits on the amount of noneconomic damages that can be awarded in a personal injury lawsuit, which can affect the total compensation you receive.

At Baker Street Funding, we understand these factors and will collaborate with you and your personal injury attorney to assess the potential compensation you are eligible for when evaluating your application.

Contributory negligence refers to the allocation of responsibility for injuries sustained. In states that follow a pure contributory negligence system, people who share fault may be unable to obtain compensation through the court system. However, in states that adhere to pure comparative negligence or modified comparative negligence system, compensation may be diminished based on the proportion of fault.

Our skilled team will thoroughly examine the particulars of your case to establish the funding amount in compliance with the shared fault laws prevailing in your state.

It’s crucial to be aware of the statute of limitations, which is the limited time frame within which you can pursue a civil claim. If you don’t file your lawsuit before the statute of limitations expires, you will no longer have the opportunity to present your case in court and recover compensation. To avoid missing out on justice, start the legal process as soon as possible.

When essential expenses are too much to handle, it makes it impossible to keep your head above water and continue with your legal battle. While you may be entitled to compensation that can provide you with funds to cover your medical bills, lost wages, daily costs and more, it could take some time to receive your money. In the meantime, it’s important that you have access to cash in order to pay for daily expenses like food and rent. 

Your emotional health is just as important as your financial stability and legal fight, and Baker Street Legal Funding is here to lend a helping hand. We have compiled some programs that can help you for free in your time in need if you are not ready to take out a loan on your case yet:

Select a legal funding service to get started. 

Attorney Requests

Lawsuit Loans

Litigation Funding

Personal Injury Loans

Settled Case Loans

Surgery Funding

Or just call us at 888.711.3599 to apply.