Iowa 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 Iowa Lawsuit Loan Information
Lawsuit loans are financial provisions provided by LawsuitLoans.io to help carry the financial burden of plaintiffs during their ongoing legal case. These loans are calculated based on the merits of their claims, allowing them to take care of urgent necessities without affecting their lawsuit. Here is some crucial data related to lawsuit loan services provided by LawsuitLoans.io in Iowa.
| Average loan amount by LawsuitLoans.io in Iowa | $15,611.33 |
| Largest loan by LawsuitLoans.io in Iowa | $76,993.00 |
| Average semi-annual rate in Iowa | 21.3% |
| Median personal injury verdict in Iowa | $36,513.00 |
| Iowa statute of limitations | 2 years; Iowa Code Ann. Section 614.1 |
| Iowa fault laws | Iowa 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?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.
Let’s consider an example. Suppose you are a plaintiff from Iowa involved in a car accident case with an estimated value of $100,000. The case is ongoing and won’t settle for some time. Typically, medical providers receive about 1/3 of the settlement, the attorney another 1/3, leaving you, the plaintiff, with approximately $33,000. In this scenario, we could advance around 25% of that amount, which equates to $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.
Common Case Types We Fund in Iowa
At LawsuitLoans.io, we provide funds for a variety of case types in Iowa. These include but are not limited to:
- Auto and Other Roadway Accidents: These involve accidents that happen on our roads, often involving cars, trucks, bikes, pedestrians, etc.
- Premises Liability: This happens when someone gets hurt on another person’s property due to negligence or unsafe conditions.
- Medical Malpractice: These claims arise when a healthcare provider fails to provide the standard level of care resulting in harm or injury.
- Labor Law Claims: This encompasses legislation related to workers’ rights and regulations in the workplace, including issues related to pay, safety or discrimination.
- Employment Claims: These cover a wide spectrum including workplace harassment, discrimination, wrongful termination, wage theft, and more.
- Other Personal Injury Claims: Broad variety of situations where a person suffered harm due to someone else’s negligence, such as dog bites, slip and falls, and others.
For more details about these case types and how we can assist with funding, visit our Iowa Personal Injury Loans and Iowa Car Accident Loans pages.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Lawsuit Loan in Iowa?
If you are grappling with the big question – Am I eligible for a lawsuit loan in Iowa? The answer is straightforward, and we’ll break it down for you.
The primary eligibility criteria for obtaining a lawsuit loan from LawsuitLoans.io revolve around three straightforward points:
- A valid legal claim:You must have a valid legal claim. This could be against an insurance company, a self-insured company, or a large public entity.
- An Attorney:You must have an attorney representing your case. At LawsuitLoans.io, we believe that having professional representation improves the chances of successfully resolving your case.
- Being of Legal Age:You need to be at least 18 years old. Since lawsuit loans are in essence financial transactions, standard practice dictates this age limit.
So if you fit under these categories, you may just be eligible for a lawsuit loan in Iowa. To start the process, fill out our online funding application located at LawsuitLoans.io funding application or give us a call at our toll free number (800) 340-4973.
Get Started
Apply today and get funds in as little as 24 hours!
What Can I Use the Money From My Lawsuit Loan For?
One of the most common questions we get at LawsuitLoans.io is, ‘What can I use my lawsuit loan money for?’ The answer is simple and straightforward. Plaintiffs can use the funds provided by a lawsuit loan for nearly any personal expenses while they wait for their case to conclude.
Often, plaintiffs struggling with financial pressure due to an ongoing legal case find solace in a lawsuit loan. It offers a lifeline to cover important costs such as living expenses, medical bills, rent, car payments, groceries, and more. To paint a clearer picture, let’s dive into some specific examples.
Living Expenses
Life goes on, even when you are in the midst of a legal battle. Basic needs such as food, utilities, rent, or mortgage payments do not pause because you are involved in a lawsuit. The financial aid from LawsuitLoans.io can provide the necessary resources to meet these crucial needs.
Medical Expenses
In cases of personal injury lawsuits, medical bills can quickly pile up. Whether it is hospital stays, medication, physical therapy, or any other treatment related to your personal injury claim, lawsuit loan funds can help cover these overwhelming costs.
However, it’s important to note that there is one major exception to how you can use the funds from LawsuitLoans.io – litigation or legal case expenses. Funds provided by LawsuitLoans.io cannot be used to fund the legal actions associated with your lawsuit, such as attorney fees.
This is because the focus of LawsuitLoans.io is to help plaintiffs meet their daily needs and maintain their quality of life during the litigation process, not to fund the litigation itself.
Iowa Pre-Settlement Funding FAQs
Q: How much does it cost to get a lawsuit loan?
A: The cost of a lawsuit loan can vary. It depends on your case and the amount you borrow from LawsuitLoans.io. We encourage you to connect with our team for specific details about your situation. Remember, we only charge if your case wins.
Q: Do I qualify for a lawsuit loan?
A: If you are a plaintiff in a personal injury or other legal case, you likely qualify for a lawsuit loan with LawsuitLoans.io. Factors like the strength of your case can also affect your eligibility. It’s best to reach out to us at (800) 340-4973 or Apply Online to see if you qualify.
Q: How much funding can I get?
A: The funding amount you can get also varies based on your individual case and needs. Our goal at LawsuitLoans.io is to provide the funds needed to support plaintiffs while they wait for their legal case to resolve. Contact us for a personalized estimate.
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 Iowa
LawsuitLoans.io provides funding throughout Iowa. See more about our funding in Iowa by visiting the city pages below:
Cases we Fund in Iowa
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Iowa. Read more about the personal injury cases we fund in Iowa 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 Iowa here: