Louisiana 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 Louisiana Lawsuit Loan Information
If you are involved in a personal injury case or another type of legal claim in Louisiana, you may be considering a lawsuit loan. This financial assistance can help you manage your expenses while you wait for your case to resolve. The following table provides some key details about our lawsuit loans in this state.
| Average loan amount by LawsuitLoans.io in Louisiana | $8,368.62 |
| Largest loan by LawsuitLoans.io in Louisiana | $83,591.00 |
| Average semi-annual rate in Louisiana | 21.4% |
| Median personal injury verdict in Louisiana | $95,000.00 |
| Louisiana statute of limitations | 1 Year; Louisiana Civil Code Section 3492 |
| Louisiana fault laws | Louisiana 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 anywhere from $500 to over $1,000,000. The amount we can advance depends on the expected value of your lawsuit settlement.
If your case is still in progress, we can offer up to a maximum of 25% of what you’re expected to receive from the settlement. Once your case has been settled, it’s possible for us to provide you with an advance of up to 50% of your expected portion from the settlement.
Let’s look at an example to understand this better. Assume that you are from Louisiana, have been in a car accident, and your lawsuit has an estimated value of $100,000. You anticipate that the case will take some time to settle. Typically, the medical providers involved in treating your injuries get paid around a third of the settlement, your attorney receives another third, leaving about $33,000 for you. Given this scenario, we can advance approximately 25% of your portion, which equates to around $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 Louisiana
At LawsuitLoans.io, we provide pre-settlement funding for a variety of legal claim types. Keep reading to learn about the most common cases types we fund in Louisiana.
Auto and Other Roadway Accidents
We fund cases involving auto accidents and other roadway incidents. Whether you’re a driver, passenger, or pedestrian involved in an accident, we can provide the financial aid you need as you wait for your case to resolve.
Premises Liability
Premises liability is another common type of case we fund. If you have been injured on someone else’s property due to the owner’s negligence, we can help with pre-settlement funding.
Medical Malpractice
If you have been harmed due to a healthcare professional’s negligence or failure to provide adequate care, our funding can assist you while your medical malpractice claim is underway.
Labor Law Claims
You may be eligible for pre-settlement funding if you have a claim related to workers’ compensation, workplace safety violations, or any other labor law matter.
Employment Claims
We fund cases related to unlawful job termination, discrimination, harassment, and other workplace issues. You don’t need to stress about finances while pursuing justice.
Other Personal Injury Claims
We also cover many other personal injury cases. If you have been harmed through no fault of your own, we can provide the financial lifeline you need.
For more detailed information, visit our Louisiana Personal Injury Loans and Louisiana 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 Louisiana?
If you’re involved in a legal case, you may be wondering if you qualify for a lawsuit loan in Louisiana. The good news is that the eligibility requirements are straightforward.
Fundamentally, to be eligible for a lawsuit loan, you need to fulfill three primary criteria:
- You must have a valid legal claim against an insurance company, self-insured company or large public entity. Your claim should have a strong likelihood of success.
- You must have an engaged attorney representing you in your claim. LawsuitLoans.io partners with attorneys to ensure that funds are used appropriately and follow the progress of the legal case.
- Last but not least, you have to be of legal age—18 years or older—in order to apply for a lawsuit loan.
Lawsuit loans aim to help plaintiffs make ends meet while they wait for the outcome of their legal case. If you meet these basic conditions, you can potentially secure pre-settlement financing and ease your financial burden.
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’re a plaintiff in a legal case, receiving a lawsuit loan from LawsuitLoans.io can offer valuable financial help during the often lengthy resolution process. But what purposes can these funds be used for?
Primarily, the money you receive from a lawsuit loan is meant to assist with living and medical expenses. This provides the essential support needed to maintain your standard of living. If you’re unable to work due to injuries sustained, the funding can help cover daily costs like rent, groceries, utilities and car payments, ensuring you and your family aren’t left in a lurch.
Moreover, if you have ongoing medical costs that aren’t covered by insurance, such as rehabilitation or physical therapy, this pre-settlement loan can prove beneficial. It can help manage these costs effectively, eliminating any added stress related to medical bills.
However, there’s one distinct restriction to note. The funds received from a lawsuit loan cannot be used for litigation or legal case expenses. While this might sound limiting, remember that the primary objective of a lawsuit loan is to provide personal financial relief during challenging times, not to directly finance your legal battle.
In essence, a lawsuit loan offers flexibility by providing financial assistance when you need it most, enabling you to focus on your recovery while awaiting your lawsuit’s resolution. For more information about lawsuit loans, visit LawsuitLoans.io or contact us at (800) 340-4973.
Louisiana Pre-Settlement Funding FAQs
If you’re a Louisiana resident seeking a lawsuit loan, you may have several questions. We at LawsuitLoans.io have compiled some frequently asked questions below to assist you.
How much does it cost to get a lawsuit loan?
The cost of a lawsuit loan varies depending on the specifics of your case. When you apply for a loan with LawsuitLoans.io, we evaluate your case free of charge to give you an estimate. Remember, you only pay back the loan if you win your case.
Do I qualify for a lawsuit loan?
To qualify for a lawsuit loan, you need to have a personal injury or other legal claim and be represented by an attorney. The fact that your case is ongoing and you are waiting for a settlement is what typically makes you eligible.
How much funding can I get?
The amount of funding you can get depends on the particulars of your case. The funding amount is typically a percentage of your expected settlement. To find out more, apply online at LawsuitLoans.io funding application or give us a call at (800) 340-4973.
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 Louisiana
LawsuitLoans.io provides funding throughout Louisiana. See more about our funding in Louisiana by visiting the city pages below:
Cases we Fund in Louisiana
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Louisiana. Read more about the personal injury cases we fund in Louisiana 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 Louisiana here: