Surprise, 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 Surprise, Arizona
A lawsuit loan is a type of financial aid provided to plaintiffs involved in a legal claim. If you’ve been injured due to someone else’s negligence, you may find yourself caught up in a lawsuit. Waiting for your case to resolve could take months or even years. During this time, bills pile up, and many plaintiffs face financial distress. That’s where lawsuit loans come in.
Lawsuit loans are non-recourse advances on your future legal settlement. This means that if you lose your case, you’re not required to pay back the loan. It’s a risk-free way to ensure you have the funds you need while waiting for your case to settle.
Let’s consider a plaintiff named Emma who lives in Surprise, Arizona. Emma was injured in a slip and fall accident and is currently involved in a personal injury case. As she waits for her case to be resolved, she struggles financially. She applies for a lawsuit loan through LawsuitLoans.io. Once approved, she can use the loan to cover her living expenses until her case is resolved. If she wins her case, she pays back the loan from her settlement. If she loses, she owes nothing.
At LawsuitLoans.io, we fund claims throughout Arizona. For more details, you can visit our main Arizona Lawsuit Loans page.
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 important data about lawsuit loans in Arizona. LawsuitLoans.io has aided many applicants from this state, offering financial assistance during challenging times. Here’s a look at some of our funding statistics and relevant local laws.
| 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 | 143,148 |
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Common Case Types We Fund in Surprise
At LawsuitLoans.io, we offer funds to plaintiffs of various legal case types while they wait for their legal case to resolve. Here are the most common case types we fund:
Auto and Other Roadway Accidents
We provide funding for cases involving accidents that occur on roads and highways. These often involve cars, motorcycles, trucks, and pedestrians. If a plaintiff was injured due to another’s negligence on the road, we can assist with pre-settlement funds.
Premises Liability
When a person is injured on someone else’s property, whether it’s a slip, trip, or fall, or even an animal attack, we step in to provide financial assistance. The claimant must prove that their injury resulted from the property owner’s negligence.
Medical Malpractice
Illness or injury that is the result of a healthcare professional’s negligence falls into this category. Examples include surgical errors, incorrect diagnosis or treatment, or a lack of informed consent.
Labor Law Claims
We support workers who have experienced violations of labor laws. This often relates to issues with wage and hour disputes, occupational safety and health, and workers’ compensation claims.
Employment Claims
Plaintiffs who are victims of workplace harassment, discrimination, wrongful termination, or breach of contract, among others, can rely on our pre-settlement funding.
Other Personal Injury Claims
We accommodate other personal injury claims as well, including but not limited to defective products, assault and battery, and libel or slander. In these cases, individuals may apply for funding while they await resolution.
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?
Many clients often ask, “Am I eligible for a lawsuit loan?” The answer to that largely depends on certain factors. Today, we will discuss the main things that make you suitable for a lawsuit loan.
To qualify for a lawsuit loan, firstly, you must have a valid legal claim against an insurance company, a self-insured company, or a large public entity. In easier words, someone should be responsible for your damages, and that party should have the ability to pay.
Secondly, you should have an attorney representing your case. LawsuitLoan.io only gives funding to clients working with lawyers. We need to collaborate with your lawyer to estimate your case’s worth. It assists us to identify how much we can lend you.
The final criteria for eligibility is that you must be at least 18 years old. As a minor under law, you can’t consent to a contract. Therefore, you need to be a legal adult to apply for a loan.
In conclusion, if you fulfill these primary criteria, then you are eligible for a lawsuit loan through LawsuitLoans.io. Feel free to reach out to us at LawsuitLoans.io or call our toll-free phone number (800) 340-4973 to learn more about the application process or to apply directly, visit our online application at LawsuitLoans.io funding application
Get Started
Apply today and get funds in as little as 24 hours!
Our Surprise Lawsuit Loan Process
A lawsuit loan is a way to get funds while waiting for your legal case to resolve. LawsuitLoans.io makes the process easy and understandable in just five main steps.
- Apply online: Initially, you fill out our application form located at LawsuitLoans.io funding application. This step begins the process of acquiring necessary information to consider your eligibility.
- We contact your law firm: Once you’ve applied, we reach out to your law firm to gather more details related to your case.
- We review your case: Our team examines the specifics of your case, such as the potential outcome and the amount of compensation you may receive.
- You sign a contract: If you’re approved for a loan, we formulate a contract detailing the terms of the loan including repayment conditions, fees, and the loan amount.
- You get funds: After the contract is signed, you receive your lawsuit loan. These funds can be used as you see fit while awaiting the settlement of your case.
For instance, let’s take an example of a plaintiff named John with a personal injury claim. John applies online at LawsuitLoans.io. We then contact John’s law firm to learn about his case specifics, including potential compensation. We determine John is eligible for a lawsuit loan. We then send him a contract outlining his loan terms. Once John signs this contract, he receives the pre-settlement funds. He can now manage his financial needs while he waits for his case to resolve.
How Much Money Can I Get From my Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to more than $1,000,000. If your case is still in progress, we can advance up to a maximum of 25% of the portion of the settlement you are expected to receive. For cases that have already been settled, we can offer 50% of your expected portion of the settlement.
Let’s consider a real-world example: Suppose you’re a plaintiff in a car accident case in Surprise. You’re still awaiting settlement, and your case is estimated to be worth $100,000. The typical distribution of settlement funds means medical providers would get around a third of the settlement, your attorney would get another third, and you’d be left with about $35,000. In such a scenario, LawsuitLoans.io could advance approximately 25% of your portion — or $8,750.
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 Surprise?
Applying for a pre-settlement lawsuit loan does not have to be a lengthy process. With LawsuitLoans.io, you can receive funds as soon as your application is submitted and approved. Here’s how it works:
Once your application has been received, the team at LawsuitLoans.io immediately reviews your case. We understand the financial pressures that plaintiffs face while waiting for their legal case to resolve. That’s why we work to make a decision within 24 hours of receiving an application.
When your application is approved, funds can be released swiftly. This means you don’t have to wait long to gain financial relief while you wait for your legal claim to resolve. For instance, if you submit your application on a Monday and it gets approved, you could receive the funds by Tuesday or Wednesday of the same week—providing necessary financial support when you need it most.
To start the process, simply visit our website at LawsuitLoans.io or call us on our toll-free number (800) 340-4973. Our team stands ready to help you navigate this journey.
Pros and Cons of Pre-Settlement Funding in Surprise, Arizona
The process of a lawsuit can be long and testing. During such times, pre-settlement funding could provide financial relief to plaintiffs and help them navigate the course of their legal case in a more manageable way. LawsuitLoans.io offers this much-needed assistance to plaintiffs who are in financial distress. Let’s look at the benefits and costs.
Benefits of Pre-Settlement Funding
There are several advantages to obtaining pre-settlement funding. These include:
- Financial Relief: Lawsuits often cause a financial strain due to mounting bills, loss of wages, and medical costs. A pre-settlement loan may bring some financial comfort during such trying times.
- Early Access to Funds: It allows plaintiffs to access funds before winning their lawsuits. This early access can help with immediate needs and living expenses.
- Avoiding Early Settlement Pressure: Facing economic pressure, plaintiffs may feel forced into settling cases prematurely. Pre-settlement funding helps you withstand the pressure and prevent any rush to settle.
- Non-Recourse Nature of lawsuit Loans: The loans are non-recourse, meaning if the plaintiff loses, they need not pay back the loan amount.
Costs of Pre-Settlement Funding
Despite their benefits, it’s crucial to understand the potential downsides:
- Relatively High Interest Rates: Pre-settlement loans often carry higher interest rates than traditional loans.
- Under-Regulated Industry:The industry is generally under-regulated, leading to occasional misuse and unethical practices.
- The Need to Have a Developed Case: Pre-settlement funding requires the plaintiff to have a well-developed case, and legal representation who works on a contingency basis. The lack of a concrete case or attorney can make obtaining funding difficult.
At LawsuitLoans.io, we believe in transparency and aim to work in our client’s best interests. Potential clients should consider both the pros and cons before applying for pre-settlement funding.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Surprise Pre-Settlement Funding FAQs
If you’re a resident of Surprise, Arizona, you might have some doubts about applying for pre-settlement funding. Let us help clear the air by answering the most common queries:
How Much does it Cost to Get a Lawsuit Loan?
The cost to get a lawsuit loan varies based on your case’s strength and its future value if you win or settle it. The fees also vary amongst different pre-settlement funding companies. To ensure transparency, LawsuitLoans.io provides a clear breakdown of all fees before you sign any agreement.
Do I Qualify for a Lawsuit Loan?
Eligibility for lawsuit loans depends on various parameters. At LawsuitLoans.io, our primary criteria include having a valid legal claim, hiring an attorney, and be involved in a civil or compensatory action. Not all cases qualify for lawsuit loans, so it is best to contact our team for a free case assessment.
Can You Get Pre-Settlement Funding in Arizona if you have Bad Credit?
Yes, with LawsuitLoans.io your credit history will not affect your eligibility for a lawsuit loan. Our pre-settlement funding approval is based on the merits of your case and not your credit score. Even if you have bad credit, you can still get pre-settlement funding in Arizona.
Get Started
Apply today and get funds in as little as 24 hours!
Surprise, AZ Cases we Fund
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Surprise. Read more about the personal injury cases we fund in Surprise 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 Surprise 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.