lowest rates

loans within 24 hours

no monthly payment

no credit check

Personal injury cases in Des Moines can be long and complex, involving complications like lost wages and mounting bills while waiting for a settlement. Unless you are financially strong, filing a lawsuit and then waiting for a settlement (especially when you are recovering from injuries or physically unable to go to work) can cause serious financial and emotional stress.

That’s why, at Direct Legal Funding, we have made lawsuit funding fast and more affordable for Des Moines residents. Pre-settlement Lawsuit funding or a “lawsuit loan” is a cash advance you can get against your future settlement reward. You can use this money to make purchases, pay your bills or anything you need the money for. It’s your money! You don’t have to settle for an unfairly low offer from the insurance company just because you’re drowning in debt. 

Unlike car loans or home loans, a cash advance lawsuit settlement loan is not dependent on your credit score so the process to obtain the funding can be fast and hassle-free. We look at the merits of your case, and after speaking with your attorney, provide you with the money you need.

The Steps to Obtain Low-Interest Pre-Settlement Loans in Des Moines, Iowa

The process to get a lawsuit cash advance in Iowa is not only quick, but also easy:

  • Step 1: Choose a lender, preferably Direct Legal Funding and fill out our online application form or call our toll-free number.
  • Step 2: We will discuss your case with you and contact your attorney to get the necessary documents to get your loan approved.
  • Step 3: Your case will be reviewed, and we will determine how much money you are eligible to receive.  You will likely receive an answer very quickly about your loan approval.
  • Step 4: Once approved we will send you your money within 24 hours.

State Law Regarding Settlement Loans in Iowa

Settlement loans in Iowa are still largely unregulated so you have to be careful while choosing a pre-settlement loans company to work with. It is best to check their reviews and make sure you work with a reputable and trustworthy name, otherwise you might fall victim to the trap of “hidden fees” and incredibly high-interest rates.  

At Direct Legal Funding, we practice a 100% transparent, full-disclosure policy for our lawsuit funding contracts. This means if you choose to get a loan from us, you will know the interest rates and repayment terms prior to signing the contract. There won’t be any unwelcome surprises later on.

According to the American Bar Association, attorneys in Iowa are not allowed to fund their clients. That is why Direct Legal Funding provides this needed service, to individuals faced with financial difficulties caused by a car accident or injury. But you do need your attorney’s consent to obtain a settlement loan.

Statistics on Car Accidents and Injuries in Iowa

Deaths caused by car accidents in Iowa hit a five-year high in 2021. A total of 353 people died in vehicle collisions last year, which led to the formation of the Iowa Traffic Fatality Reduction Task Force by the governor.

In 2020, almost 36% of fatalities tested positive for either drugs or alcohol. Data shows that impaired driving accident cases in Iowa increased by 9% from 2019. 

It is estimated that Iowa residents drive about 33 billion miles per year. This means an average Iowa resident drives 10.2% more than the national average. When you are on the road that much, the risk of being in an accident only gets higher. 

Average time it takes to a lawsuit cash advance in Des Moines, IA

Assuming that you have retained an attorney (on a contingent-fee basis) and you’ve filled out the application form, it usually takes 48 hours to get your application approved or rejected. This is how it works for the majority of cases at Direct Legal Funding.  But there are also exceptions when the case is much more complex and processing the application may take several days.

What can Delay the lawsuit Loan Approval Process in Des Moines, IA?

If you have decided to bring a personal injury lawsuit against someone in Iowa, technically you can represent yourself in court. Based on this, you can’t be eligible for a lawsuit loan unless you are represented by an attorney. So, if you haven’t hired one before filling out your application, your application won’t go through. 

If you do have an attorney, inform them about your plan to get a loan so they have all the documents ready to be submitted.

How can I Expedite the lawsuit Loan Approval Process in Des Moines, IA?

To process your application, the lending firm will ask for documents such as your medical records showing injury, police or incident report, ambulance report, name of the insurance company & policy limits of the defendant, photos/videos of the incident, copy of your legal complaint or lawsuit filed, etc. Make sure you have all this information handy.

What is the Average Cost of Healthcare in Iowa?

Gone are the days when healthcare costs in Iowa used to be lower than the national average. In the post-pandemic world, Iowa residents are paying over $440 on average per month (per person) for the cheapest insurance plans. These costs are even higher if you need prescription medications and rehabilitation on an ongoing basis.

Previous Personal Injury Cases in Des Moines, IA

A 24-year-old woman suffered multiple pelvic fractures and a head injury after being hit by a DART (Des Moines Area Regional Transit Authority) bus. She received $2.74 million to compensate for her lost wages, current and future medical expenses, and pain and suffering.

In another case, a man received $1.67 million in a settlement after sustaining soft tissue injuries and spinal fractures in a single-car rollover. He filed a lawsuit against the at-fault driver as well as the Iowa County Highway Department that was found to be negligent in maintaining the gravel road where the accident took place.

Dangerous Intersections in Des Moines, Iowa

According to the Iowa Department of Transportation, the majority of accidents in the city occur at the following intersections:

  • E. University Avenue and E. 30th Street
  • E. Army Post Road and S.E. Fifth Street
  • Day Street and 6th Avenue
  • S.W. Oralabor Road and S.W. State Street
  • E. Euclid Avenue and E. 14th Street
  • S.E. 5th Street and Indianola Avenue and S.E. 6th Street

Leading Hospitals and Medical Centers in Des Moines, Iowa

If you have sustained injuries due to someone’s negligence, it is best to get yourself examined by a medical professional right away. Car accidents and fall injuries often lead to internal damage, which is not immediately apparent but can lead to severe health consequences if left untreated. In case of serious injuries, go to the ER or dial 911.

The following are some of the top medical centers in Des Moines providing quality care to injured victims:

  • UnityPoint Health – Iowa Lutheran Hospital
  • Select Specialty Hospital – Des Moines
  • UnityPoint Health – Methodist West Hospital
  • MercyOne Des Moines Medical Center
  • Broadlawns Medical Center
  • VA Central Iowa Health Care System
  • UnityPoint Health – Iowa Methodist Medical Center

Get a No-Risk Settlement Loan or Lawsuit Cash Advance in Iowa within 24 Hours

At Direct Legal Funding, we have made it extremely easy for Des Moines residents to get legal funding. No proof of employment, no collateral, no application fee, and no rising interest rates – you know exactly what you are going to pay back from day one.

We offer highly competitive interest rates in the city along with borrower-friendly terms. Apply online today or call us at 866-941-5588 to learn more.