Texas Lawsuit Loans

Finding a lawsuit settlement loan in Texas has never been easier. Here at Direct Legal Funding, we provide the pre-settlement funding you need to finance your case or everyday finances as quickly as possible.

We handle a wide variety of cases to assist with as many clients as possible whereas other firms only target certain claims. No matter your case, we’ve got your finances covered. No one should have to give up on their settlement because they can’t afford the expensive legal fees or even everyday expenses. With Direct Legal Funding lawsuit loans in Texas, you’ll receive the funding you need to carry on with your case.

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What is a Lawsuit Loan?

If you’ve been injured because of someone else’s negligence, you may be counting on a settlement to cover your medical bills, lost wages, and other expenses. What happens when you find out that your settlement could be months (and in some cases, years) to receive?

That’s where a lawsuit settlement loan comes in. While you’re waiting for your case to settle, you may be unable to work as you recover from your injuries. But that doesn’t mean that the expenses stop piling up. Rent still needs to be paid, you still have to feed your family, and creditors aren’t going to stop calling just because you’re injured.

A lawsuit advance can help you bridge the gap between your accident and when your settlement comes in. You’re likely already under an enormous amount of stress because of your accident—you don’t need the added burden of unpaid bills, persistent creditors, and an empty bank account.

Lawsuit settlement loans are also commonly known as “pre-settlement funding.” Essentially, this type of loan is a cash advance on the settlement you will eventually receive. We don’t ask how you will use the money or keep tabs on you; you can use the money for whatever you may need.

At this point, many people have the same question: what if my lawsuit doesn’t settle? The good news is that pre-settlement loans are non-recourse loans, which means that we can’t seek repayment if your settlement falls through. These things happen sometimes, and we take this risk on when we fund your loan.

Another question people often have: what if my credit is bad/I don’t earn very much money/I don’t have any assets?

It doesn’t matter. Remember, you aren’t paying back the loan from your current assets or your income. Your settlement loan is only repaid from your settlement money! Because of this, we don’t need to verify your income, run a credit check, or make sure that you have the assets needed to make good on your loan.

A pre-settlement loan in Texas can benefit you in a number of ways. First, it takes a huge burden off of your shoulders as you wait for your case to settle. Second, it gives you more flexibility in your settlement timeline. That could actually help you to significantly boost the value of your settlement.

How a Lawsuit Loan Can Keep You from Taking a Low Settlement

If you went back and reread that last line, you’re not alone. Many people ask us how a lawsuit advance could boost their settlement value and protect them from a low settlement.

To start, it has nothing to do with the value of your claim. Your claim is worth what it’s worth, much to the chagrin of the insurance company. However, they are very, very good at diminishing that value. Stalling is one of the techniques they use to accomplish this.

See, insurance adjusters are professionals who process claims week in and week out. They know that many people live paycheck-to-paycheck and simply don’t have the ability to wait around while their attorney negotiates a fair settlement.

Adjusters know that many people will cave early on and take whatever they can get from the insurance company so they can pay their bills. They seek to take advantage of this situation by delaying the process as much as possible, asking for more information and documentation than they’ll ever use, and refusing to budge on their lowball settlement offer.

Lawsuit funding gives you the bargaining power you need in this frustrating process. See, when you have cash on hand to get you through the claims process, it doesn’t matter if it takes your attorney a few more rounds of negotiations to get what your settlement is actually worth. You have the means to put food on the table, cover your kids’ activity expenses, and pay the mortgage. By taking away one of the insurance company’s most effective (and, let’s be honest, most unethical) tactics, you make it a lot easier for your attorney to do their job. Because of this, a Texas settlement loan can actually pay for itself several times over in some cases with the amount of added compensation the borrower ends up receiving

Lawsuit Loans in Texas

If you’re in need of a lawsuit advance in Texas, look no further than Direct Legal Funding. We provide Texas settlement loans to victims of a variety of cases. Direct Legal Funding assists with the following cases when legal loans are required for lawsuits:

Do I Need an Attorney?

You do need to be working with an attorney in order to get a lawsuit settlement loan. This protects everyone involved! It ensures us that your lawsuit is in the process of being settled or going to court, keeps us informed of where it is in the process and gives us a better understanding of what your claim is worth.

On your end, having an attorney protects the value of your claim. Insurance companies know how to take advantage of accident victims, and they use that knowledge to avoid paying them what they actually deserve.

When you work with an experienced personal injury attorney, you can feel confident that they are fighting for the full and fair compensation you rightfully deserve. For easier processing of your application, have your attorney’s contact information ready when you apply, and give them a heads up that you are applying for lawsuit funding.

Texas Auto Accident Lawsuit Loan Regulations

Most settlements that Direct Legal Funding has helped out with in the state of Texas are the result of auto accidents. Car insurance in Texas has certain requirements, and if you don’t have these minimum requirements you may end up in the middle of a lawsuit yourself. As of January 2011, Texas drivers need at least:

$30,000 liability per accident per person
$60,000 combined liability coverage per accident (all persons)
$25,000 in property damage liability insurance

Texas is a tort state with respect to auto accident liability. This means that Texas follows the “proportionate responsibility” rule. This states that the victim of a car accident in Texas cannot recover damages from the other party if he or she is 51% or more at fault for the accident.

Direct Legal Funding provides lawsuit loans and legal cash advances in the entire state of Texas including the cities of:

Dallas
Houston
San Antonio
Del Rio
Hondo
Corpus Cristi
Amarillo
Round Rock
Austin
Galveston
And all other cities in Texas

How You Can Use a Settlement Loan

As we talked about earlier, you can use your Texas settlement loan any way you choose. We know that every individual’s expenses are unique, and we want you to have the money you need to get through the settlement process. Our customers use their loans on expenses like:

Mortgage and rent—the average rent for a two-bedroom home in Texas is $1146 per month, but it’s much higher in our big cities!
Medical bills; while most providers are flexible with regard to payment for accident expenses, you don’t want your credit to be ruined if some providers demand immediate payment
Groceries, fuel, and everyday living expenses
Temporary income replacement
Debt payments
Repairs to your vehicle, home, or other property that may have been damaged
Counseling and other mental health services to deal with the trauma of your accident
School fees and other parenting-related expenses

This is a hard time, but you do not have to do it alone. With our help and the guidance of your attorney, you can cover your necessary expenses, enjoy some flexibility during the negotiation process, and hold the negligent party accountable. Call us today to start your lawsuit funding application.

Direct Legal Funding Texas Lawsuit Loans

Direct Legal Funding is your source for any lawsuit funding in the state of Texas. We work to provide you with the most affordable rates, so you can carry on with your settlement. With Direct Legal Funding Texas settlement loans, you’ll receive:

An eligibility assessment within 24 hours
Non-recourse cash advance lawsuit loans
Extremely low rates – as low as 2%!

Texas Lawsuit Loans

lowest rates

loans within 24 hours

no monthly payment

no credit check