Settlement Loans

Civil lawsuits are time-consuming. Although you will eventually see a return when you receive your settlement, chances are you’ll be low on cash during the process.

Settlement loans allow you to get funds that’ll keep you and your family afloat during this entire process. Lawsuit settlement loans are essentially funds you borrow to consolidate debts during the process of a civil lawsuit.

These funds can be used for whatever you like. And they are non-recourse pre-settlement loans; so, if you don’t win your settlement, you don’t have to pay back a dime.

Settlement loans can help you avoid bankruptcy, provide you with funds to improve your credit, or just simply help you move along with your life without the burden of large amounts of debt. Applying for a settlement loan is simple, especially with Direct Legal Funding.

Direct Legal Funding makes it easy to take out a settlement loan in all 50 states. With some of the most competitive rates in the industry, there’s barely any risk for you. We’ll speak with you and discuss your case at no cost to you. Just request a free evaluation today.

We provide settlement loans to people all across the U.S. In just 24 hours, you may be eligible to receive a pre-settlement loan that’ll help you pursue your civil lawsuit, help you pay medical bills, or just pay off some everyday living expenses.

Click on your region to find a Direct Legal Funding settlement loan in your area:

• West Coast
• East Coast
• Midwest
• South

What Types of Settlement Loans are Available?

At Direct Legal Funding, we provide lawsuit advances for a wide range of different types of civil actions. This includes but is not limited to:

• Car Accident Loans
• Truck Accident Loans
• Motorcycle Accident Loans
• Pedestrian Accident Loans
• Construction Accident Loans
• Premises Liability Loans
• Wrongful Death Loans

A settlement loan can provide advanced lawsuit funding to cover damages such as:

• Property Damage: Damage to personal property that was caused by the responsible person or party. This may include damage to your vehicle, home, or valuable personal items.
• Medical Expenses: These are expenses related to the injuries you may have suffered that you are seeking to recover through your civil lawsuit. Pre-settlement loans could be used to help cover expenses such as emergency room and/or hospitalization costs, costs for surgeries and other treatments, rehabilitation expenses, and the cost of ongoing medical care (in the case of a permanent and debilitating injury).
• Lost Wages: When someone suffers a moderate to severe injury, it is likely that they will miss a significant amount of work – several weeks or months in many cases. This can add up to thousands of dollars or more in lost wages which your lawyer will be seeking to recover. A lawsuit advance can get you some of that money right away to help tide you over during tough financial times.
• Lost Earning Capacity: If you have suffered a long-term debilitating injury, you may not be able to return to your previous job, or in the worst cases, you may not be able to participate in any gainful activity at all. When this is the case, those responsible for your injuries will need to provide a significant amount of compensation for lost earning capacity.
• Pain-And-Suffering: Some losses in a civil lawsuit are more intangible and difficult to quantify. Among the most common of these is the physical pain and suffering that an injury victim has to endure. Lawyers typically use a formula to calculate pain-and-suffering damages, and a settlement loan could allow you to obtain compensation for some of these damages in advance.
• Emotional Distress: Closely related to pain and suffering, personal injury victims often suffer emotional trauma from the event that caused their injury. For example, many car accident victims suffer from posttraumatic stress disorder (PTSD), sleepless nights, anxiety about the future, etc.
• Diminished Quality of Life: A permanent injury can leave a victim unable to participate in some of the activities that they were passionate about. For example, someone who used to be a marathon runner but is now paralyzed from the waist down is deprived of the quality of life they previously enjoyed. This is another type of compensation that your lawyer could be seeking in your case.
• Funeral and Burial Expenses: In the case of wrongful death, family members who are involved in a civil lawsuit will be seeking damages for funeral and burial costs for their deceased loved one.
• Punitive Damages: With cases in which the actions of the responsible party were especially egregious, punitive damages may be awarded. One of the most common examples of a case like this is when a drunk driver seriously injures or kills someone in a car crash.

When someone is involved in a personal injury lawsuit, they are usually dealing with the responsible party’s insurance company. During this process, the insurance company has the upper hand because they can deflect and delay payment, knowing that the plaintiff is most likely facing tough financial times as they wait for a settlement.

Lawsuit settlement loans help level the playing field for civil litigants. Pre-settlement funding allows litigants to receive a portion of their settlement upfront, so they no longer have to worry about the insurance company dragging things out.

PG&E California Wildfire Settlement Loans

During the past several years, there have been numerous wildfires throughout California, and many of them have been determined to be the fault of Pacific Gas and Electric (PG&E) – one of their local utilities. Wildfires that have been caused by PG&E have been responsible for burning millions of acres and causing billions of dollars in damages to California homeowners.

The extensive damage that PG&E caused because of the wildfires it was responsible for resulted in the utility filing for bankruptcy in 2019. But as part of the bankruptcy settlement, a Fire Victim Trust was set up to house the funds needed to pay those who have sustained damages because of the wildfires. The problem is that it is taking a long time to fully fund the Trust, and it is estimated that victims will not receive their entire settlement amounts for at least a couple of years.

Direct Legal Funding is pleased to be able to help PG&E California wildfire victims by providing them with a pre-settlement loan while they wait for the funds to become available to cover their losses. Apply with us today and get started on your pre-settlement funding application.

How Long Does It Take to Get a Settlement Loan?

While it can take months and in some cases years to recover compensation from your civil lawsuit, a lawsuit advance from Direct Legal Funding can be obtained in a matter of days. The timing for each pre-settlement loan will vary depending on the specifics of the case.

In particular, we will need to connect with your attorney to obtain information on the details of your lawsuit and verify that you have a solid case and you are likely to recover damages. Once you have completed the application, we have what we need from your attorney, and you have signed all of the required documents, your lawsuit settlement loan can be issued in as little as 24 hours.

Is It Safe to Get Legal Funding?

Obtaining pre-settlement funding is risk-free. This funding is not like other types of loans. If you don’t win the case, you Don’t Owe Us a Penny and walk free. Direct Legal Funding provides you funding at low interest rates.

You can fill out our APPLY NOW free application form to reach out to us. We will get back to you as soon as possible and provide you with the much-needed funds.

You can also contact us at 866-941-5588 if you have any questions. A professional from our expert team will guide you through the process.