Virginia 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 Virginia Lawsuit Loan Information
If you are involved in a lawsuit in Virginia and need financial aid, our lawsuit loans may be the perfect solution for you. These are some average values tied to our lawsuit loans along with crucial law data in Virginia:
| Average loan amount by LawsuitLoans.io in Virginia | $7,764.26 |
| Largest loan by LawsuitLoans.io in Virginia | $34,850.98 |
| Average semi-annual rate in Virginia | 20.6% |
| Median personal injury verdict in Virginia | $24,720.00 |
| Virginia statute of limitations | 2 Years; Title 8.01 Section 8.01-243 |
| Virginia fault laws | Virginia 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?
When you apply for a lawsuit loan with LawsuitLoans.io, the amount that you can receive varies. These loans can range from $500 to over $1,000,000, depending on the specifics of your case.
For ongoing cases, we are able to advance up to 25% of your predicted portion of the settlement. For those cases already settled, we may offer up to 50% of your expected share of the settlement.
To illustrate, let’s consider an example of a plaintiff from Virginia involved in a car accident case. This case is still in progress and features an estimated settlement value of $100,000. In this scenario, medical providers typically receive around one-third of the settlement, while the attorney receives another third. This leaves the plaintiff with approximately $33,000. In such a case, LawsuitLoans.io could provide an advance of about 25% of this amount, which equals 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 Virginia
We support plaintiffs in a variety of legal cases. The most common ones that we fund are listed below:
Auto and Other Roadway Accidents
If you’re involved in any sort of roadway accident, such as a car or motorcycle accident, we can provide pre-settlement funding. This helps you manage expenses while your case proceeds.
Premises Liability
Premises liability involves an injury caused by a dangerous condition on someone’s property. LawsuitLoans.io assists victims with these claims.
Medical Malpractice
If a healthcare provider fails in their duty of care, leading to injury or disease, we provide financial support while you pursue justice.
Labor Law Claims
Workplace injustices, such as unpaid wages or illegal terminations, are labor law claims we fund. Don’t endure the hardship on your own; we’re here to help.
Employment Claims
You have rights as an employee. If those have been violated through misconduct like discrimination or harassment, LawsuitLoans.io can offer financial help during your legal fight.
Other Personal Injury Claims
We also fund other personal injury claims which include but are not limited to slip and fall accidents, dog bites, and faulty product injuries.
To learn more about how we can assist you, visit our Virginia Personal Injury Loans and Virginia Car Accident Loans pages.
Am I Eligible for a Lawsuit Loan in Virginia?
Wondering if you are suitable to apply for a lawsuit loan in Virginia? Count yourself in if you hold the following eligibility markers. First, you should have an ongoing legal claim against an insurance company, a self insured company or a large public entity. Importantly, there should be a plausible probability of victory in your favor.
Secondly, you need to be represented by an attorney handling your case. It underscores the importance and seriousness of the lawsuit that you’ve embarked on. Your attorney will also play a crucial role in liaising with the LawsuitLoans.io setup, ensuring smooth coordination.
Lastly, the minimum age bar is 18 years. If you adhere to all these three principal eligibilities, you certainly fit the bill for a lawsuit loan in Virginia. Check out our LawsuitLoans.io funding application to start the process.
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’ve recently applied for a lawsuit loan, you may be wondering how you can utilize the funds. The beauty of lawsuit loans from LawsuitLoans.io lies in their versatility. Plaintiffs can use the money they receive for a variety of purposes. This includes essential living expenses and medical costs.
Living expenses may encompass things like rent or mortgage payments, utility bills, groceries, childcare, car payments, or any other day-to-day costs that allow you to maintain your lifestyle. In tough times, this type of financial aid can relieve the pressure, allowing you to focus more on your case and less on struggling to make ends meet.
Alternatively, you may decide to use your lawsuit loan for medical costs. This could cover anything from surgery fees and hospital bills to the cost of medication, rehabilitation, or in-home care. The main goal of a lawsuit loan is to provide financial peace of mind during a potentially stressful time – and healthcare costs often contribute largely to this stress.
While there are numerous ways in which you can utilize your lawsuit loan, there is one primary expenditure that these funds cannot cover – your litigation or legal case expenses. Your funding from LawsuitLoans.io is designed to provide personal relief and should not be used to directly finance the legal aspects of your case.
Virginia Pre-Settlement Funding FAQs
We understand that you may have some questions about our services. Here are the answers to the most frequently asked questions from our Virginia clients.
How much does it cost to get a lawsuit loan?
The cost of a lawsuit loan may vary based on many factors such as the nature of the lawsuit, the expected payout, and more. Remember, at LawsuitLoans.io we aim to offer competitive rates to all our clients.
Do I qualify for a lawsuit loan?
Eligibility for a lawsuit loan depends on the circumstances of your case. Generally, if you have a lawyer, a valid claim, and are in the process of a lawsuit, you could qualify for a pre-settlement loan.
How much funding can I get?
The amount of funding you may receive varies. It’s typically a percentage of your expected lawsuit settlement. Once we review your case, we will provide a more accurate estimation.
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 Virginia
LawsuitLoans.io provides funding throughout Virginia. See more about our funding in Virginia by visiting the city pages below:
Cases we Fund in Virginia
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Virginia. Read more about the personal injury cases we fund in Virginia 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 Virginia here: