What are Texas lawsuit loans?
Lawsuit loans in Texas, also known as pre-settlement funding or legal financing, are a form of financial assistance available to individuals involved in civil lawsuits in Texas. These loans provide upfront cash to cover your expenses while a lawsuit is pending. Unlike traditional loans, pre-settlement funding in Texas operates as a non-recourse debt. That means that the lender only gets repaid if you win or settle the lawsuit after you receive your financial compensation. You’re not personally responsible for repaying the funds if you lose your case, and your credit score won’t be affected.
* Lawsuit loan rates vary and can be higher than traditional loans due to the inherent risks involved on the lender. At Baker Street Funding, we are committed to responsible lending practices and offer competitive rates with transparent terms. Before making a borrowing decision, we encourage you to explore all your financing options, including traditional loans, borrowing from friends and family, and consulting with your attorney.
When to consider pre-settlement funding in Texas—financial relief during your lawsuit.
Litigation in Texas can be a long and costly process. Injury cases often lead to unexpected medical bills, loss of income, and other financial burdens. If you’re facing urgent financial challenges like debt collection, eviction notices, foreclosure, or repossession, pre-settlement legal funding can provide a crucial remedy.
These funds can help cover essential living expenses, including:
- Rent or mortgage payments
- Groceries and utilities
- Transportation costs
- Medical expenses
Since repayment is contingent on winning your case, and approval is based solely on the merits of your case, pre-settlement funding is an excellent option if you:
- Need financial support but can’t qualify for traditional loans due to poor credit, lack of collateral, or low income.
- Have a claim that’s delaying your financial recovery, and you’re out of work.
- Are involved in a complex case with multiple injuries or claims, particularly those involving third-party negligence, which can significantly extend the claims process under Texas Civil Practice and Remedies Code Section 33.001.
Beyond financial relief, a pre-settlement cash advance also provides peace of mind (Research on financial difficulties and mental health *¹). Funding lets you focus on your recovery and legal fight, not your bills. Feel less stressed, boost your mental well-being, and gain the confidence to make smart choices about your legal battle, whether that is mediation, negotiations, or even trial.
Disclosure: Lawsuit loans for personal injury plaintiffs are not intended to pay for legal expenses. Always discuss your financial situation with your attorney and carefully consider the terms and costs of any loan offer.
Ready to ease the financial strain of your Texas lawsuit? We are here to assist you on your road to recovery—Apply now for a lawsuit loan and start your journey toward financial stability today.
How to apply for a lawsuit loan: get cash quickly and easily.
With Baker Street Funding, you can get money from your Texas lawsuit quickly—often in as little as 24 hours. No credit checks or employment verification required. Our application process is simple, fast, and hassle-free, so you can take care of any urgent bills or expenses right away.
Apply for Funds
Kickstart the lawsuit loan application process by applying online or giving us a call at (888) 711-3599.
Expert Review
You'll hear back from us with a decision as soon as your attorney responds with the details of your case.
Funding Approval
Once you're approved, you and your attorney will receive the lawsuit loan agreement to sign.
Receive Cash
Contract signed? Great! We’ll get the funds directly to your bank account within just 2 hours or by check as early as the next day.
Need settlement cash now? That’s exactly why Baker Street Funding’s pre-settlement loans exist—because we know, when you’re in a tough spot, every minute counts. (The average legal funding customer in Texas receives their settlement funds in less than 4 hours post-approval).
No Upfront Fees | No Credit Checks | No Risk | Fast Cash Approval
After you get your funds, the loan is collateralized by your anticipated settlement, meaning the legal funding company purchases a portion of your future recovery. Should the lawsuit end in your favor, the loan is settled out of the recovery. If you don’t win, you are not obligated to repay us in any way—no strings attached.
How Texas Personal Injury Laws and Insurance Regulations Impact The Funding Evaluation and Approval Amounts.
Texas lawsuit loans and legal compliance: transparency, Ethical Standards and consumer protection.
The Texas advantage: a local funding company.
At Baker Street Funding, we have a deep understanding of Texas personal injury law and local procedures, which means we can make funding decisions quickly and accurately. Our underwriters uphold the highest standards of professionalism and constantly demonstrate integrity, independence, and personal dignity in accordance with the Texas Bar Association. Our strong connections with attorneys across Texas helps us simplify the communication and approval process.
- Same-Day Pre-Settlement Loans in Texas. Access the money you need as early as two hours after you and your attorney accept the terms of your loan.
- Personalized Assistance. Work with a dedicated funding expert who understands and responds to your needs every step of the way.
- Generous Funding Amounts. Whether you need $1,000 or $500,000, you can claim up to 20% of your anticipated settlement in Texas. Choose between ongoing monthly advances or a lump-sum payment.
Lawsuit Loans in Texas—simple, fixed rates from 2.95% monthly.
- Looking for a low-rate settlement loan in Texas? Baker Street Funding keeps it low by offering simple, fixed interest rates starting at 2.95% monthly. No compound interest rates, no complex math.
- Worried about your lawsuit dragging on? Our rates are capped for up to three years to protect your future settlement from indefinite accrual beyond that cap.
Remember to borrow only what is necessary to cover your basic needs. Borrowing wisely can minimize interest accumulation and maximize your financial recovery.
* Stronger cases with a high likelihood of winning often qualify for lower rates.
No Upfront Fees | No Penalties | No Hidden Costs
Non-recourse pre-settlement funding—no risk, no credit checks.
- Lose your case? You owe us nothing. That’s the Baker Street Funding guarantee. Our non-recourse loans in Texas mean you only repay if you win and Baker Street Funding bears the risk.
- No credit checks, no problem. We don’t care about your credit score. Need cash now? We look at your case, not your credit history.
- Your assets are safe. Your home, your car, your belongings – they’re all protected, regardless of your case outcome.
Get the funds you need today and breathe easy knowing you’re protected with Baker Street Funding.
The best lawsuit loan companies in Texas? Our reviews speak for themselves.
Choosing Baker Street Legal Funding means you’re choosing a reputable lawsuit loan company that’s dedicated to your settlement success firsthand. Be part of the thousands in Texas and throughout the country who have transformed their lives during the lawsuit process with Baker Street Funding. Our 5-star reviews and our Texas track record can speak for itself.
“I am so thankful I got courteous help, I was guided through the litigation loan financial process and this company convinced me to take less money and take out funds only as needed. These people actually care about you and as far as the rates go they were non-compound.”
Ms. Rivera
“The interest rate was better than I thought it would be. I would recommend them to everyone looking for fast pre settlement loans!”
Ms. Rifino
“I had previously gone with a lending company who were all about money and not about clients. Baker Street came in and bought out my loan with the previous lender and gave me a really great opportunity to have it consolidated at a much lower lending rate.”
Mr. Lucas
“My attorney sent me to Baker Street Funding. I am more than happy to have funded my case with you guys and you have my personal recommendation.”
Ms. Dara
Leading provider of customized lawsuit funding solutions at different stages of your Texas case.
Providing Texas plaintiffs with a variety of financing options.
Avoid Delaying Critical Medical Treatment
Our medical lien legal funding solutions offer direct funding to medical providers so you can get the care you need right away.
Switch & Save with Loan Buyouts
Is another lender charging you a high rate? Use our lawsuit funding buyout program to consolidate your current loan into a single contract at a lower rate.
Texas Financing Available After Your Win
Post-settlement funding in Texas gives you the flexibility to borrow money from your pending settlement check after you have won your case, but the insurance payment is delayed.
Need Additional Funding Down the Line?
No Problem. With Baker Street Funding, you can apply for multiple settlement advances as your case evolves.
Attorney Funding for Complex Litigation in Texas.
Handling complex cases like medical malpractice, mass tort, class action, or product liability? Our case cost funding helps Texas attorneys secure the financial resources needed for these demanding cases.
Plaintiff Funding for Your TX Clients
Our plaintiff funding solutions in Texas offer attorneys the ability to secure discounted rates for their clients. These funds can help cover essential living expenses, medical bills, and other necessities at a reduced cost.
Apply for a lawsuit loan now—financial relief is within reach.
Don’t let financial difficulties slow you down in your legal battle. Apply for a Texas settlement loan now and obtain your cash advance the day you get approved. We stand by our promise: you repay only if you win.No Upfront Fees | No Credit Checks | No Risk | Fast Approval
Texas lawsuit loans: your questions answered.
Do you have questions about pre-settlement lawsuit loans? We’ve got answers. Our FAQ section covers a wide range of topics, including eligibility requirements, costs, repayment terms, and more.
What is pre-settlement funding in Texas?
A lawsuit loan, also known as a pre-settlement loan or legal funding, is a type of financing that allows a person to borrow money against their expected settlement from a lawsuit. These loans can be used to cover living expenses or other costs while waiting for a case to settle.
How do lawsuit loans work?
The process is simple. After reviewing your case and eligibility, we’ll offer a funding amount. Once you and your attorney complete the non-recourse funding agreement, you’ll receive the funds upfront. If you win your lawsuit, your attorney will deduct the agreed-upon amount from your settlement or award before you receive the rest. If you lose, you owe us nothing.
How much money can I borrow from my lawsuit?
Loan amounts typically range from $1,500 to over $2,500,000 for various claims, including civil rights and personal injury cases. For corporate plaintiffs, we offer funding up to $20,000,000. However, our maximum funding is generally limited to 10% of the estimated case value
How long does the lawsuit loan process take?
In most cases, Baker Street Funding approves loans within 24 hours. The exact timeframe can vary depending on factors like the timeliness of document submission. For instance, if your personal injury attorney sends your case documents by 9 am ET, you can often get a same-day funding decision. Once approved, funds are typically available within hours.
Is pre-settlement funding even legal in Texas? I heard something about "champerty."
Yes, pre-settlement funding is legal in Texas. While Texas used to have laws against champerty (third parties profiting from lawsuits), those laws were relaxed, and court cases (like Anglo Dutch Petroleum International Inc. v. Haskell) have confirmed the legality of pre-settlement funding.
Can my Texas lawyer advance me money?
Texas regulations restrict attorneys from financially investing in their clients’ lawsuits. However, under specific conditions, they may provide advances for essential case-related expenses or living expenses only, without charging interest.
Can I get funding in Texas if I have a lawsuit settlement loan from another funding company?
Yes, you can potentially borrow more money and switch lenders by applying for a pre-settlement loan with Baker Street Funding. After approval, we’ll purchase your previous advance and combine it into a single loan with a reduced interest rate.
Can I get a lawsuit loan for an oilfield accident?
Yes, pre-settlement legal funding is available for various personal injury cases in Texas, including those related to oil field accidents.
Are there any upfront fees or hidden costs associated with Texas lawsuit loans?
No, there are absolutely no upfront fees or hidden costs associated with our Texas lawsuit loans.
Will Texas legal funding in Texas affect my case?
No, our pre-settlement loans do not influence your legal strategy or settlement negotiations. Our role is strictly as a financial supporter; we respect the independence of your legal process.
How do lawsuit loan interest rates work in Texas?
Baker Street Funding is committed to providing low and capped pre-settlement funding interest rates. However, your exact cost will depend on factors like the loan amount, case duration, and potential settlement value.
| Interest | Non-compounding starting at 2.95% p/month |
| Loan protection | 2-3 year cap |
| Funding time | 24 hours |
| Average loan amounts in Texas | $11,800 |
| Funding amounts | $1,500 up to $2.5mm |
| Type of loan | Non-recourse |
| Workers’ comp eligibility | No |
| Personal injury claim eligibility | Yes |
| Civil rights case eligibility | Yes |
Pre-Settlement Funding Across Texas: Where We Serve & Personal Injury Trends.
Texas Counties Where We Provide Pre-Settlement Cash Advances.
At Baker Street Funding, we provide pre-settlement loans across a wide range of Texas counties, offering financial support to plaintiffs facing personal injury claims. Some of the counties we serve include:
Starr, Sterling, Travis, Trinity, Tyler, Uvalde, Val Verde, Victoria, Zavala, Jackson, Harris, Dallas, Tarrant, Collin, El Paso, Hidalgo, Denton, Austin, and more.
Cities We Serve
We are proud to support residents across major Texas cities. Whether you’re dealing with medical bills, lost wages, or other expenses, we provide pre-settlement loans in cities including:
Abilene, Allen, Amarillo, Arlington, Austin, Brownsville, Bryan, Cedar Hill, College Station, Corpus Christi, Dallas, El Paso, Fort Worth, Galveston, Houston, San Antonio, and more.
Personal Injury Trends and Statistics in Texas.
Personal injury claims are common in Texas. Understanding injury trends can help you make informed decisions about lawsuit funding. According to the Texas Department of State Health Services:
- From 2018 to 2020, non-fatal injury rates remained steady.
- The most common causes of injuries were unintentional accidents, with falls being the leading cause, especially among adults aged 65 and older.
- Car accidents were the most frequent source of injury among young adults (ages 15-24).
- In 2018, Texas experienced 3,185 fatal injuries, highlighting the state’s significant public health concerns.
Car Accident Statistics in Texas
Auto accidents continue to be a major concern for Texas residents. Here’s a closer look at some important statistics:
- Fatalities: In 2022, the fatality rate on Texas roadways was 1.55 deaths per hundred million vehicle miles traveled, with a slight decrease in total deaths compared to 2021.
- Serious Injuries: There were 15,299 serious injury crashes, resulting in 18,880 people sustaining severe injuries in 2022.
- DUI and Distracted Driving: In 2022, DUI accidents claimed 1,163 lives, while distracted driving led to 484 fatalities.
If you or a loved one has been injured in an accident in Texas, pre-settlement legal funding may be available to help you through this difficult time. Contact Baker Street Funding today at (888) 711-3599 or apply now (button) to learn more about how we can assist you.
Texas lawsuit loan resources: empower yourself with knowledge.
Make informed decisions about lawsuit loans with our in-depth resources. Our guides cover everything you need to know, from eligibility requirements to costs and repayment terms.
Apply for a lawsuit loan today.
Personal injury lawsuits in Texas can bring all kinds of financial challenges, especially in times of personal hardship. At Baker Street Funding, we understand what you’re going through, which is why we provide non-recourse lawsuit loans that deliver quick relief when it matters most. Start the legal funding process now and experience financial peace as soon as the same day you are approved.