Dayton, OH 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 Dayton, Ohio
When you’re involved in a legal case, you may run into financial difficulties. A lawsuit loan is a specific kind of financial assistance designed for this situation.
A lawsuit loan is essentially an advance on the compensation you expect to receive from your pending legal case. The critical factor about lawsuit loans is they are non-recourse advances. This means that you only repay the loan if your lawsuit is successful. If you do not win your case, you won’t have to repay the loan.
We at LawsuitLoans.io offer funds to plaintiffs engaged in various legal cases across Ohio. For more details, you can visit our main Ohio Lawsuit Loans page here.
Let’s consider a hypothetical scenario – Judy, a resident of Dayton, Ohio, was injured in a car accident. It was not her fault, and she has filed a personal injury claim. While waiting for her case to settle, she struggles to manage her financial obligations due to hefty medical bills and loss of income. She approaches LawsuitLoans.io and applies for a lawsuit loan using our funding application. Once approved, she receives her funds even before her case settles. If Judy wins her case, she then repays the loan. Otherwise, there is no obligation for her to pay it back.
This is the relief a lawsuit loan can provide. Thanks to LawsuitLoans.io, plaintiffs like Judy in Ohio do not need to compromise on their litigation just because of financial hardship.
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 Ohio Lawsuit Loan Information
Lawsuit loans provide an essential financial lifeline for plaintiffs who can’t afford to wait for their court case to resolve. In Ohio, the details of these loans can vary widely, but we’ve provided some general numbers below for your convenience.
| Average loan amount by LawsuitLoans.io in Ohio | $4,253.55 |
| Largest loan by LawsuitLoans.io in Ohio | $33,350.00 |
| Average semi-annual rate in Ohio | 20.6% |
| Median personal injury verdict in Ohio | $13,000.00 |
| Ohio statute of limitations | 2 Years; Title 23 Ch. 5 Section 2305.10 |
| Ohio fault laws | Ohio is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
| Columbus population, 2020 | 137,644 |
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Common Case Types We Fund in Dayton
At LawsuitLoans.io, we focus on making sure you get the financial support you need while your case is being resolved. Here’s a rundown of some of the most common cases we fund:
Auto and Other Roadway Accidents
These include car accidents, truck accidents, motorcycle accidents, and others. We fund these since they are often lengthy cases with substantial potential settlements.
Premises Liability
This refers to accidents that occur due to negligent upkeep of a property. Examples include slip and fall incidents or hazards causing injury.
Medical Malpractice
When a patient suffers due to a healthcare professional’s negligence, it falls under medical malpractice. We provide funding for these cases given their complicated nature and lengthy trial time.
Labor Law Claims
This pertains to any violations of labor regulations. These could involve unfair wages, exploitative working conditions, or improper dismissals.
Employment Claims
Any situation where an employee has been legally wronged by their employer comes under this category. This includes cases involving workplace discrimination, harassment, or wrongful termination.
Other Personal Injury Claims
We also fund a variety of other personal injury claims. These can encapsulate a broad range of incidents causing physical or emotional harm.
If your case falls under any of these categories and you’re in need of financial assistance, feel free to reach out via our LawsuitLoans.io funding application or call us at (800) 340-4973.
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 in Dayton?
Are you wondering whether you can get a lawsuit loan in Dayton? Well, the first thing to note is there are some key eligibility criteria to meet. First, you must have a valid legal claim. This could be against an insurance company, a self insured company, or a large public entity.
Secondly, having an attorney is also a requirement. An attorney not only serves as a guide through your legal battle but also proves crucial in communicating with a lawsuit loan company like LawsuitLoans.io.
Lastly, you need to be at least 18 years old. If you meet these three basic criteria, you may be on your way to securing a lawsuit loan. But remember, every case is unique, and additional criteria might apply depending on the specific nature of your lawsuit.
Get Started
Apply today and get funds in as little as 24 hours!
Our Dayton Lawsuit Loan Process
If you are part of an ongoing lawsuit and need monetary help, a lawsuit loan can be useful. So, how do we, at LawsuitLoans.io, help you with the legal funding? It’s simple and quick, and the process consists of five steps which include:
- Apply online: You start by filling out an application form on our< a href="https://www.lawsuitloans.io/apply/"> LawsuitLoans.io funding application.
- We contact your law firm: After submitting the application, our team initiates contact with your law firm to gather basic case details.
- We review your case: With these case details in hand, we then evaluate your lawsuit to determine the potential outcomes and how much we can fund you.
- You sign a contract: If your case qualifies for a lawsuit loan, you will need to sign a contract stating the terms and conditions of the legal funding.
- You get funds: Finally, once the paperwork is done, the funds you’re approved for are transferred straight into your account for immediate use.
For instance, let’s say you’re a plaintiff in a personal injury lawsuit. You applied for a loan, we contacted your attorney, reviewed your case and established that it suits our criteria. Once you sign the agreement, you receive the funds, which we recover only if you win the case or reach a settlement.
How Much Money Can I Get From my Lawsuit Loan?
LawsuitLoans.io provides lawsuit loans that can vary greatly in amount, ranging from as low as $500 to over $1 million. The amount we can advance is largely determined by the current status and potential value of your legal claim.
If your case is still underway, we can advance up to a maximum of 25% of your expected share from the settlement. For cases that have already been settled, we can offer up to 50% of your expected settlement portion.
To give a clearer picture, let’s take a look at an example. Suppose you are a plaintiff from Dayton involved in a car accident lawsuit. The estimated value of your case is $100,000, but it will not settle for some time. Following standard protocol, medical providers will receive around one-third of the settlement, which leaves two-thirds between your attorney and you. After the attorney’s fees, you’re expected to receive around $35,000. In this scenario, LawsuitLoans.io can potentially advance 25% of your expected portion of the settlement, which would be approximately $8,250.
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 Dayton?
If you’ve ever asked yourself this question, you’re not alone. As someone involved in a legal case, it’s normal to have concerns about your financial stability. Luckily, accessing a pre-settlement lawsuit loan in Dayton is quicker than you might think.
At LawsuitLoans.io, speed and efficiency are part of our service. We understand that you need funds as soon as possible. That’s why our team works diligently to review your case and provide a decision within 24 hours after application submission.
Let’s paint a clearer picture with an example. Imagine you are a plaintiff in a personal injury case. You fill the LawsuitLoans.io funding application today. Our team will immediately start reviewing your application. Within just 24 hours, we make a decision. If your application is approved, you will receive your funds very quickly!
This swift turnaround time makes LawsuitLoans.io a reliable choice for plaintiffs in need of immediate financial assistance.
Pros and Cons of Pre-Settlement Funding in Dayton, Ohio
Pre-settlement funding offers several advantages for plaintiffs. From immediate financial relief to early access to needed funds, these loans are designed to provide support during challenging times. They also help you avoid the pressure of settling your case prematurely due to financial strain. One of the key benefits of lawsuit loans like those from LawsuitLoans.io is their non-recourse nature. This means you only pay back the loan if you win your case.
Despite these benefits, pre-settlement funding comes with certain costs. The interest rates can be quite high when compared to traditional loans. Moreover, the pre-settlement funding industry remains largely unregulated, or at best, under-regulated. This can lead to potential exploitation of vulnerable clients. Another consideration is the requirement for a well-developed case. To qualify for these loans, you need an attorney diligently working on your case on a contingency basis.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Dayton Pre-Settlement Funding FAQs
We have put together a list of frequently asked questions by Dayton residents about pre-settlement funding. These include:
How much does it cost to get a lawsuit loan?
The cost of obtaining a lawsuit loan depends on a variety of factors including the amount of money you need, the risk associated with your case, and how long your litigation process takes. It’s important you understand all fees and costs before accepting a loan.
Do I qualify for a lawsuit loan?
To qualify for a lawsuit loan with LawsuitLoans.io, you must be a plaintiff in an ongoing legal case, have a lawyer representing you, and your case should fall under eligible case types. Your eligibility is not based on employment history or credit score.
If you have bad credit, can you get pre-settlement funding in Ohio?
Yes, you can. At LawsuitLoans.io, our main concern is not your credit history but rather the merits of your case. If your case is strong, then you have a good chance of qualifying for pre-settlement funding despite a poor credit score.
Other Cities we Service in Ohio
LawsuitLoans.io provides funding throughout Ohio. See more about our funding in other key Ohio cities by visiting the pages below:
Get Started
Apply today and get funds in as little as 24 hours!
Dayton, OH Cases we Fund
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Dayton. Read more about the personal injury cases we fund in Dayton 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 Dayton here: