Massachusetts 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 Massachusetts Lawsuit Loan Information
In this section, we will provide specific information about lawsuit loans in Massachusetts. This includes average loan amounts, the largest loan issued by LawsuitLoans.io, average semi-annual rates, median personal injury verdicts, and a brief overview of Massachusetts’ statute of limitations and fault laws.
| Average loan amount by LawsuitLoans.io in Massachusetts | $22,077.28 |
| Largest loan by LawsuitLoans.io in Massachusetts | $134,795.00 |
| Average semi-annual rate in Massachusetts | 19.4% |
| Median personal injury verdict in Massachusetts | $31,000.00 |
| Massachusetts statute of limitations | 3 years; Mass. Ann. Laws Ch. 260 Section 1 |
| Massachusetts fault laws | Massachusetts is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident. |
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 are capable of advancing up to a maximum of 25% of your predicted portion of the settlement if your case is still in progress. For settled cases, we can make an offer of 50% of your expected settlement share.
Let’s create a scenario for you to better understand how this works. Imagine a plaintiff from Massachusetts involved in a car accident case with an estimated value of $100,000. This case will not settle for some time. Once it does, medical providers are typically paid around 1/3 of the settlement, and the attorney gets another 1/3 of it. This leaves approximately $33,000 for the plaintiff.
In such a situation, we could advance about 25% of that amount, which equates to roughly $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 Massachusetts
At LawsuitLoans.io, we pride ourselves on funding a wide variety of case types. Some of the most common claims we support include auto and other roadway accidents, premises liability, medical malpractice, labor law claims, employment claims, and other personal injury claims. Each of these case types comes with its unique issues which we’ll briefly explain.
Auto and Other Roadway Accidents
We provide funding to plaintiffs who are caught in legal battles resulting from auto and other roadway accidents. This includes victims of road traffic accidents involving cars, trucks, bicycles, pedestrians, or motorcycles.
Premises Liability
This refers to situations where an individual is injured in another person’s property due to unsafe conditions. If you’ve been injured under these circumstances, you may be eligible for our funding services.
Medical Malpractice
Patients who have been harmed due to negligent or unprofessional behavior by healthcare providers can also receive funding from us until their case is resolved.
Labor Law Claims
Our funding assistance extends to those involved in labor law claims, which generally involve issues related to workplace violations such as unpaid overtime, discrimination, or wrongful termination.
Employment Claims
Employees who have suffered injustices like workplace harassment, unfair treatment, or safety violations also qualify for our financing services.
Other Personal Injury Cases
We extend our services to other personal injury cases not mentioned in the above classifications.
You can learn more about these case types and their specific funding processes by visiting our Massachusetts Personal Injury Loans and Massachusetts 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 Massachusetts?
If you’re currently involved in legal proceedings, you might be wondering whether you’re eligible for a lawsuit loan. In Massachusetts, the primary eligibility criteria are straightforward.
- Having a Valid Legal Claim: You must be a plaintiff with a legitimate legal claim against an insurance company, self-insured company, or large public entity. If there’s a reasonable chance you’ll win your case, then you could be eligible for a lawsuit loan.
- Representation by an Attorney: Another crucial requirement is that you must have an attorney. Your lawyer will not only provide legal advice but will also assist in the process of applying for a lawsuit loan.
- At Least 18 Years Old: Lastly, you need to be at least 18 years old to consider a lawsuit loan. This requirement is because you must have legal capacity to enter into an agreement such as a loan contract.
You can find additional details and apply for a lawsuit loan on LawsuitLoans.io or contact us on our toll-free number (800) 340-4973. We are committed to providing quick and straightforward pre-settlement funding to help plaintiffs like you.
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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 lawsuit, you might be wondering what you can use your lawsuit loan for. Well, thankfully, you have quite a bit of freedom when it comes to how you use these funds.
First and most commonly, you can use the money from your lawsuit loan to help with daily living expenses. This can include things like rent or mortgage payments, utilities, food, and transportation costs. With a lawsuit loan, you don’t have to stress about covering these costs while you wait for your case to resolve.
You can also use your legal funding to cover medical expenses related to your case. These can include doctor visits, medication costs, physical therapy sessions, or even surgery costs.
However, there’s one important exception to note. You cannot use the funds from your lawsuit loan for litigation or legal case expenses. This means things like attorney fees, court filing fees, and other legal costs are not covered.
In conclusion, a lawsuit loan from LawsuitLoans.io grants you the financial freedom to cover necessary life and medical expenses. But remember, it’s intended to help you live comfortably while your case is ongoing, not to fund the case itself.
Massachusetts Pre-Settlement Funding FAQs
In this section, we’ll answer some common questions Massachusetts residents often have about lawsuit loans.
How much does it cost to get a lawsuit loan?
The cost of a lawsuit loan can vary based on a range of factors. These include the amount of your expected settlement, how long until your case is resolved, and the specifics of your individual situation. Detailed information regarding the cost can be obtained by reaching out to us at LawsuitLoans.io or via our toll free number (800) 340-4973. It’s important to discuss your needs with us so that we can provide you with the most accurate estimate.
Do I qualify for a lawsuit loan?
Qualifying for a lawsuit loan largely depends on the nature of your legal case. We primarily fund personal injury claims and other cases where the plaintiff is expecting a cash settlement or award. For more precise information regarding eligibility, feel free to fill in our application form here.
How much funding can I get?
The amount of funding you can receive is generally based on the estimated value of your case. Again, you could reach out to us to discuss this in detail. Our experienced team can help you understand the potential loan amount you may be eligible for based on your unique circumstances.
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 Massachusetts
LawsuitLoans.io provides funding throughout Massachusetts. See more about our funding in Massachusetts by visiting the city pages below:
Cases we Fund in Massachusetts
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Massachusetts. Read more about the personal injury cases we fund in Massachusetts 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 Massachusetts here: