Gilbert, AZ 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
What Are Lawsuit Loans in Gilbert, Arizona
Lawsuit loans, also known as legal financing or pre-settlement funding, provide a lifeline for injured plaintiffs waiting for their cases to settle. They are non-recourse cash advances on your future legal settlement. That means you only have to repay the loan if you win your case.
At LawsuitLoans.io, we fund claims throughout the entire state of Arizona. If you’re curious about our services in this area, feel free to visit our Arizona Lawsuit Loans page for more information.
Let’s imagine a situation where a woman named Joyce lives in Gilbert, Arizona. One day while driving home, she’s involved in a car accident due to someone else’s negligence. As a result, Joyce is left with massive medical bills and unable to work.
In need of financial relief, Joyce applies for a lawsuit loan through LawsuitLoans.io. She receives an advance on her future settlement to help cover living expenses and medical costs during her litigation process. Joyce doesn’t have to worry about making any repayments until her case is finally settled and she has received her award. In the unfortunate event that Joyce loses her case, she won’t owe anything back – this is the true meaning of a non-recourse lawsuit loan!
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.
Important Arizona Lawsuit Loan Information
This section provides useful lawsuit loan information for Arizona. The numbers below represent averages taken from actual cases that LawsuitLoans.io has handled in the state. This information can help you understand what to expect when applying for a lawsuit loan in Arizona.
Average loan amount by LawsuitLoans.io in Arizona | $19,847.00 |
Largest loan by LawsuitLoans.io in Arizona | $44,940.00 |
Average semi-annual rate in Arizona | 18.6% |
Median personal injury verdict in Arizona | $5,000 to $80,000 |
Arizona statute of limitations | 2 Years; Arizona Revised Statutes Section 12-542 |
Arizona fault laws | Arizona is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
Phoenix population, 2020 | 267,918 |
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Common Case Types We Fund in Gilbert
At LawsuitLoans.io, we support plaintiffs across a range of case types while they await the resolution of their legal matters. Here are some of the most common case types we fund:
Auto and Other Roadway Accidents
We provide funding for accidents involving automobiles and other vehicles on the road. This includes car crashes, motorcycle wrecks, truck accidents and pedestrian incidents.
Premises Liability
We supply funding to plaintiffs in premises liability cases. These cases involve an injury caused by unsafe or defective conditions on someone’s property. The violation of property safety standards fall under this category.
Medical Malpractice
We financially support medical malpractice claimants. These cases typically involve injuries caused by healthcare professionals’ negligence or misconduct, such as misdiagnosis, wrong treatment, surgical errors, and more.
Labor Law Claims
We also back those pursuing labor law cases, where violations of employment rights occur. These include unfair wages, wrongful termination, discrimination, and harassment on the job.
Employment Claims
Plaintiffs suing an employer for breaches of employment laws can also apply for our funding. These cases often deal with unlawful termination, refusal of rightful benefits or unpaid overtime.
Other Personal Injury Claims
Beyond these, we fund a variety of personal injury cases. If you have experienced personal injury from situations like animal attacks, slip and fall accidents, product malfunction accidents, or others, you can apply for our funding.
Don’t wait. Visit LawsuitLoans.io funding application or call us toll-free at (800) 340-4973 to get started.
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.
Am I Eligible for a Lawsuit Loan in Gilbert?
If you are currently involved in a lawsuit, you may be wondering if you are eligible to receive a lawsuit loan in Gilbert. Here at LawsuitLoans.io, we have a simple but important set of rules for eligibility.
The first requirement is that you must have a valid legal claim against an insurance company, self-insured entity, or large public company. We provide funding support for those who have been wronged and are waiting for a settlement or judgement.
Secondly, we require you to be represented by an attorney. Having legal counsel is crucial for us to work with you, as the process involves legal procedures and assessments that need professional handling.
Last but not least, you must be 18 years of age or older. This is a standard rule, as under-18s are generally not considered legally capable of entering into such agreements.
To sum up, if you meet these conditions – having a legal claim, being represented by an attorney, and being at least 18 years old – you are likely a good candidate for our lawsuit loans. If you meet these requirements, make sure to apply at LawsuitLoans.io funding application.
Get Started
Apply today and get funds in as little as 24 hours!
Our Gilbert Lawsuit Loan Process
At LawsuitLoans.io, we have streamlined our process to make it as straightforward as possible for plaintiffs seeking pre-settlement funding. It involves five simple steps:
- Apply online: Start by visiting the LawsuitLoans.io funding application on our website and fill out the required information. This is the first step towards receiving your lawsuit loan.
- We contact your law firm: Next, we will establish contact with your law firm to gather additional information about your case. This allows us to understand the merits of your case better and helps determine how much we can offer you.
- We review your case: Once we have all the necessary details, our team of experts will review your case thoroughly and fairly. Given that we specialize in pre-settlement funding, we can usually make a decision promptly.
- You sign a contract: If your case passes our review process, we then present you with a funding agreement to sign. This contract outlines the terms and conditions of the lawsuit loan, including how much you are receiving and our repayment terms.
- You get funds: The final step is the disbursement of your funds. As soon as you sign the contract, we will send the agreed amount directly to you. Now you can concentrate on your legal case without worrying about immediate financial pressures.
To illustrate, let’s say John, who was recently involved in a personal injury case, needs financial assistance while waiting for his lawsuit to resolve. He applies through our online form, after which we contact his law firm and review his case. Our team determines that John’s case is strong, so we offer him a pre-settlement funding agreement. After John signs the agreement, we transfer the funds to him immediately, alleviating his monetary stress and enabling him to focus on his legal battle.
How Much Money Can I Get From my Lawsuit Loan?
LawsuitLoans.io provides lawsuit loans ranging from $500 up to $1,000,000+. The amount we can advance depends on your specific situation and the expected outcome of your case. If your case has not yet been settled, we can often advance you up to 25% of your expected share of the eventual settlement.
For example, let’s consider a Gilbert plaintiff in a car accident case with an estimated value of $100,000. The case is still in progress and won’t be settling soon. Typically, Medical providers are paid about one third of the settlement, and the attorney receives another third. This leaves the plaintiff with an estimated $35,000. In this scenario, LawsuitLoans.io could advance around 25% of that $35,000, which would be $8,750.
In circumstances where the case has already been settled, we can potentially offer up to half your expected portion of the settlement. Our goal is to provide financial support while you wait for your legal case to resolve.
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.
How quickly can I get a pre-settlement lawsuit loan in Gilbert?
Getting a pre-settlement loan doesn’t need to be a long, drawn-out process. At LawsuitLoans.io, we understand the urgency behind your need for funds. That’s why we’ve streamlined our process to get you the funding you need, fast.
As a plaintiff awaiting the resolution of your case, the last thing you should worry about is how to make ends meet. This is where our pre-settlement lawsuit loans come in. Once your application is submitted and received, we immediately start to review your case. We work hard in assessing your needs, as well as examining the details surrounding your lawsuit.
We know time is of the essence. Our team of highly skilled professionals ensure decisions are made within 24 hours of receiving your application. So it means, you could have the funds you need in your account less than a day after you apply. No lengthy waiting periods, no unnecessarily complex steps — just quick, easy, and reliable funding solutions tailored to your situation.
For instance, suppose you’re a plaintiff involved in a personal injury case in Gilbert. After sending in your application, you can rest assured knowing that we are diligently working on your case. Within a mere 24 hours, you could have an answer and, if approved, your much-needed funds.
LawsuitLoans.io is committed to providing a seamless and efficient application process. Our simple application is available at LawsuitLoans.io funding application. For any questions or concerns, feel free to contact us at our toll-free phone number: (800) 340-4973, or visit our website at LawsuitLoans.io.
Pros and Cons of Pre-Settlement Funding in Gilbert, Arizona
Pre-settlement funding offers both benefits and setbacks. Knowing these can help you make an informed decision.
Benefits of Pre-Settlement Funding
The major advantage of pre-settlement funding lies in its financial relief. This allows you to get early access to funds while your legal case unfolds. This is beneficial since you can manage your daily living costs without worries. Also, with the money, you won’t feel the pressure to settle your case early, which you could do if you were financially strained.
Another key benefit is the non-recourse nature of lawsuit loans. This means even if you don’t win your case, you won’t be obliged to pay back the loan.
Costs of Pre-Settlement Funding
On the flip side, there are drawbacks. One setback of pre-settlement funding has relatively high-interest rates. This means you may end up owing a lot more than the money you initially borrowed.
Additionally, the industry is generally unregulated or under-regulated. This could lead to unethical practices. Lastly, to qualify for pre-settlement funding, your case must be well developed with an attorney working on a contingency basis. This could limit those who have yet to form their cases fully but are in dire need of financing.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Gilbert Pre-Settlement Funding FAQs
If you’re a resident of Gilbert, Arizona, you may have some questions about pre-settlement funding. Here are answers to some frequently asked questions:
How much does it cost to get a lawsuit loan?
The cost of a lawsuit loan or pre-settlement funding can vary. It largely depends on the details of your specific legal case and the company providing the funds. To get a clear estimate of the cost, it’s best to reach out directly to LawsuitLoans.io or dial their toll-free number (800) 340-4973 for information.
Do I qualify for a lawsuit loan?
Lawsuit loan qualification generally depends on a few factors, such as the type of case you’re involved in and its strengths. Most personal injury cases qualify. The best way to find out if you qualify is to fill out the LawsuitLoans.io funding application.
If you have bad credit, can you get pre-settlement funding in Arizona?
Yes, usually your credit score doesn’t affect your ability to secure pre-settlement funding. That’s because the funding decision is typically based more on the potential outcome of your case, not your personal credit history. But it’s always best to speak to the professionals at LawsuitLoans.io to understand all your options.
Get Started
Apply today and get funds in as little as 24 hours!
Gilbert, AZ Cases we Fund
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Gilbert. Read more about the personal injury cases we fund in Gilbert 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 Gilbert here:
Does LawsuitLoans.io Directly Fund Cases in Arizona?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in Arizona.