Michigan Slip and Fall 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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Michigan Personal Injury Lawsuit Loan Information
If you’re in Michigan and involved in a personal injury case, you may be considering a lawsuit loan. This is a cash advance given to plaintiffs waiting for their case to resolve. The following table provides useful information relating to premises liability loans in Michigan.
| Average premises liability funding by LawsuitLoans.io in Michigan | $2,670.00 |
| Largest premises liability loan by LawsuitLoans.io in Michigan | $3,050.00 |
| LawsuitLoans.io average semi-annual rate for premises liability lawsuit loans in Michigan | 20.0% |
| Median personal injury verdict in Michigan | $99,506.00 |
| 2020 fall deaths in Michigan | 1510 |
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.
Am I Eligible for a Slip and Fall Lawsuit Loan in Michigan?
If you’re involved in a personal injury case, you might be wondering if you’re eligible for a lawsuit loan. In particular, if you’ve had a slip and fall in Michigan, you may qualify for financial help while you wait for your case outcome.
Eligibility for personal injury loans, including those for slip and fall incidents, generally requires meeting several criteria. The fundamentals include:
- A valid legal claim: You must prove that you have a pending legal action or lawsuit against an insurance company, a self-insured company, or a large public entity. Your legal claim should be established and recognized by the law.
- An attorney: To be eligible, you must engage a practicing attorney who is handling your case. Without legal representation, it becomes significantly difficult to prove your rights to a claim and convert that into financial aid.
- Legal age: Like most legal actions, you must be at least 18 years old to apply for a personal injury loan.
Contact us today or visit our online application form to find out if you are eligible for a lawsuit loan.
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.
How Much Money Can I Get From my Slip and Fall Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io on slip and fall claims can vary widely. The range typically falls between $500 and over $1,000,000. How much you can receive depends on where your case is in the legal process.
If your case is still ongoing, we can advance up to a maximum of 25% of your expected portion of the settlement. If your personal injury case has been settled, we can offer you an advance of 50% of your expected portion of the settlement.
Let’s look at a specific example: Consider a plaintiff from Michigan who is pursuing a slip and fall claim valued at around $250,000. This plaintiff is still receiving treatment for their injuries and it might take at least another year before the case is resolved. Generally speaking, medical providers will receive about 1/3 of the settlement and the attorney will receive another third. This leaves an estimated $80,000 for the plaintiff. In such a scenario, LawsuitLoans.io could be able to provide an advance of up to 25% of that $80,000 – which equates to $20,000.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
How Can I Use the Money From my Slip and Fall Lawsuit Loan in Michigan?
Facing a lawsuit can put a strain on your finances. The good news is that a slip and fall lawsuit loan from LawsuitLoans.io helps to offer some relief. But what exactly can you use this money for?
The funds acquired from your lawsuit loan are primarily meant to assist with your daily living expenses and medical costs. These are matters that cannot be left pending as you wait for your legal case to resolve. Let’s dive deeper into what these might entail.
Living expenses cover several different needs that must be met for your everyday survival. It could be for rent, mortgage payments, utility bills, and groceries. Those with children may also use it for school fees or childcare expenses. Remember, just because you have a lawsuit doesn’t mean life stops, it must go on and these expenses need to be sorted.
On the other hand, medical costs may include hospital bills, medication, physiotherapy, and other post-accident treatments that are associated with the slip and fall incident. Medical care is important for your recovery process, and hence, should not be ignored.
However, it’s crucial to note that there is one particular restriction. Lawsuit loan funds cannot be used to finance litigation or any other legal case expenses. This means you can’t use the money to pay your attorney fees or for any expenses directly related to the court proceedings.
In conclusion, while waiting for your lawsuit’s outcome, LawsuitLoans.io can provide the financial assistance you need to alleviate the pressure of living and medical expenses.
Get Started
Apply today and get funds in as little as 24 hours!
Why Choose LawsuitLoans.io for Legal Funding on Slip and Fall Claims
If you’re dealing with a slip and fall claim, getting adequate funding can be a challenge. That’s where LawsuitLoans.io comes in. Here are a few reasons why we are the best choice for your legal funding needs:
- Low, Simple Rates: Our rates start at just 2.5% per month. Compared to many other legal funding providers, our rates are highly competitive.
- Fast Approval: There’s no need to wait around for approval. In most cases, we can approve your application the same day you submit it.
- Capped Repayment Terms: With LawsuitLoans.io, you won’t have to worry about interest piling up indefinitely. Our repayment terms are capped, which means that after a certain date, the interest stops accumulating.
- Client-First Approach: We put our clients’ needs first. We know dealing with a legal claim can be stressful, so we strive to make the legal funding process as easy and straightforward as possible.
Ready to start your journey with us? Apply now at LawsuitLoans.io funding application or call us toll free at (800) 340-4973.
Cities we Service in Michigan
LawsuitLoans.io provides funding throughout Michigan. See more about our funding in Michigan by visiting the city pages below:
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.
Other Cases we Fund in Michigan
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Michigan. Read more about the personal injury cases we fund in Michigan here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Michigan here: