Get a Fast Pre-Settlement Lawsuit Loan in Wisconsin

Wisconsin Lawsuit Loans | WI Presettlement Funding

Are you involved in a lawsuit and need financial assistance while waiting for your settlement? Can you not afford loans that require month-to-month payments? Legal battles can take months or even years to resolve, leaving you in a tough spot financially. Fortunately, Wisconsin lawsuit loans can provide you with the fast cash you need to cover your expenses during this time. Lawsuit Loans were made to help you, the plaintiff, during this difficult and draining time. Legal-Bay Lawsuit Funding is a trusted and praised lawsuit loaning company that takes its clients and your, best interest to heart. Legal-Bay has a simple a quick application process: all you need to do is visit our “Apply Now Page” to apply online or call (877) 571-0405 to apply over the phone. Use your settlement money now and receive that cash advance you desperately need!

This guide will walk you through how these loans work, what to expect, and how Legal-Bay can help you secure the financial support you need.

What We Offer at Legal-Bay

We understand the challenges plaintiffs face during a lengthy legal process. Therefore, we offer fast lawsuit funding solutions tailored to your needs. Whether you are dealing with a personal injury, product liability, or any other type of lawsuit, we can provide a cash advance against your pending settlement. In this way, we help you cover your bills and manage your financial needs effectively.

What is a Lawsuit Loan?

A lawsuit loan is a financial advance that we provide to plaintiffs waiting for a settlement or judgment in their legal case. Unlike traditional loans, we design lawsuit loans specifically for individuals involved in personal injury, product liability, or other types of litigation. You can use these funds to cover essential costs such as medical bills, living expenses, or legal fees, easing the financial strain of waiting for a settlement.

Our process is straightforward: after you apply, we evaluate your case based on its merits and potential outcome, not on your credit score or financial history. If we approve your application, we give you a cash advance that you can use as needed. Importantly, lawsuit loans are non-recourse, meaning you only repay the loan if you win your case or reach a settlement. If your case is unsuccessful, you are not obligated to repay the advance.

Three Steps to Your Cash Advance

Getting financial help doesn’t have to be complicated. We’ve made the process of securing a lawsuit loan in Wisconsin as straightforward as possible. Here’s how it works:

Step 1: Apply Now for Lawsuit Funding in Wisconsin Now

The first step is to fill out a simple online application. We’ll need basic information about your case, such as the type of lawsuit you’re involved in and information surrounding your case. Types of information that you will be asked once you start an application include:

• Your contact information (Name, Email, Phone Number, State)
• Information about your case (Case type, How much are you requesting? Any Prior Funding?)
• Information about your law firm (Name of Law Firm, Attorney Information, Case Manager/Paralegal Information)

Step 2: Review

Once you submit your application, we will send a request for documentation to your law firm. Make sure your attorney is aware that you are working with Legal-Bay so they can respond promptly. After we receive all necessary documents, we will review your case and coordinate with your attorney. Because we understand you need cash quickly, we work efficiently and aim to provide a decision within 24 to 48 hours.

Step 3: Funding

Once approved, you’ll receive your cash advance fast. There are no credit checks or monthly payments required. You’ll repay the loan only after your case settles, making it a risk-free option.

Wisconsin | WA Loan Eligibility

In order to qualify for a lawsuit loan, you would need to live in a state that is funded, have a funded case type, and have an attorney representing you. Several other factors determine your approval, but for your case to enter into our free case evaluation, you need to be eligible.

State: Wisconsin

Legal-Bay Lawsuit Funding does happily assist those in a lawsuit in Wisconsin.

Case Type

A variety of case types are considered and funded throughout Wisconsin. Some of the cases that are funded in this state include, but are not limited to:

• Personal Injury
• Car / Truck Accidents | MVA
• Product Liability: including J&J Talcum Powder, Hernia Mesh, Round-Up, and more
• Sexual Abuse
• Medical Malpractice
• Wrongful Imprisonment | Police Brutality | Prison Injury
• Dog Bite
• Wrongful Death

Unsure if we fund your case type? Give us a call at (877) 571-0405 and a helpful representative will answer any question you may have.

Workers Compensation Eligibility

Unfortunately, Legal-Bay does not fund workers’ compensation in Wisconsin. This is due to some state laws and regulations. If you have a third-party workers’ compensation, please give us a call at (877) 571-0405 as we could potentially help you in your case.

Attorney Representation

Having an attorney is crucial when you are involved in a lawsuit for several reasons. First, attorneys possess specialized knowledge of the law and legal procedures, which can be complex and overwhelming without formal training. Their expertise ensures effective navigation of your case, from filing initial paperwork to presenting evidence and arguing on your behalf. An attorney also provides strategic guidance, helping you understand the strengths and weaknesses of your case and advising you on the best course of action. This strategic insight proves essential for negotiating settlements or preparing for trial.

Moreover, you need an attorney to secure a Wisconsin lawsuit loan. Your funding company relies on your attorney to provide a clear picture of your lawsuit and to submit all necessary documentation. Additionally, if you are approved for funding, your attorney must sign off on the contract.

Wisconsin Lawsuit Funding Info to Know

It’s essential to understand how the legal landscape in Wisconsin impacts your ability to secure fast lawsuit funding. Here are a few key legal considerations:

Comparative Fault Rule

Wisconsin follows a comparative fault law, so if you are found partially at fault for your injuries, we will reduce your awarded amount. For example, if you are deemed 20% at fault, they will decrease your potential settlement by that percentage. Consequently, this reduction in your settlement can impact the amount of funding you are eligible for when applying for pre-settlement funding. Therefore, it is important to consider how comparative fault might affect your overall compensation and funding options.

Statute of Limitations

The statute of limitations in Wisconsin may change depending on the case type. It is best that you check with your attorney to ensure you are within the Wisconsin statute of limitations for your case. If you file your lawsuit outside of this timeframe, you may not be eligible for a settlement advance.

• Personal Injury SOL: Within 3 years
• Medical Malpractice SOL: Within 3 years
• Product Liability SOL: within 3 years

Insurance Policy Limits

Insurance companies often have policy limits that may cap the amount of your settlement. It’s important to understand how these limits could affect the value of your claim. For example, in Wisconsin, the minimum policy limit for bodily injury liability per person is $25,000.

Auto Insurance Limits

If your lawsuit involves a car accident, Wisconsin’s mandatory auto insurance coverage includes a minimum of $25,000 for bodily injury per person and $50,000 per accident. These limits can impact how much cash you can get from your lawsuit.

Legal Funding Agreement Disclosure

Wisconsin law requires transparency in legal funding agreements, ensuring that plaintiffs fully understand the terms of their lawsuit loan. This protects you from unfair lending practices.

Am I Eligible to Get a Lawsuit Loan in Wisconsin?

Eligibility for a lawsuit loan in Wisconsin primarily depends on the merits of your case. If you have a pending lawsuit with a strong chance of success, you’re likely eligible for a cash advance. It doesn’t matter if your credit is bad or if you’re unemployed—your case’s value is the only factor we consider.

How Much Money Can I Get?

The amount you can borrow depends on the expected value of your settlement. We typically provide advances ranging from a few thousand dollars to much larger sums, depending on your case’s specifics. Our team will work with your attorney to completely gain an understanding of your case. Once that occurs, we will consider your requested amount and try our best to provide you with that amount.

Can I Use My Lawsuit Loan Proceeds For Whatever I Want?

Yes, you can use your lawsuit loan proceeds however you choose. Whether you need to pay medical bills, cover rent, or manage everyday expenses, the cash is yours to spend as you see fit. In contrast to some other types of loans that restrict how you use the funds, lawsuit loans offer you flexibility. Therefore, you can allocate your loan to various areas, including but not limited to:

• Rent
• Food
• Car maintenance
• Legal fees
• Home Improvement

Apply Today for FREE to Get Your Wisconsin Lawsuit Cash Advance / Loan

There’s no cost to apply for a lawsuit loan in Wisconsin, and the process is quick and easy. Simply fill out our application under our “Apply Now” page to see if you qualify. Remember, this is a risk-free advance, so you won’t owe anything unless you win your case.

Locations Served

We serve and assist all cities in Wisconsin. For example, we help cities such as, but not limited to:

Wisconsin Lawsuit Funding FAQs

Am I eligible for a lawsuit loan in Wisconsin?

If you are involved in a pending lawsuit with the potential for a settlement, you will likely qualify for funding. However, you should consider a few important factors, such as the type of case and whether you have an attorney representing you. For example, we provide funding for cases involving personal injury, product liability, sexual abuse, and car accidents. We base eligibility solely on the strength of your case, not on your credit score.

What is a lawsuit loan or cash advance?

A lawsuit loan, also called a settlement cash advance, is not like a traditional loan. It’s non-recourse funding, meaning you only repay it if you win your case.

Does it matter how the lawsuit funding is spent?

No. You can spend the money however you need to, whether it’s for medical bills, rent, or other personal expenses.

Can I get a loan if I have a class action lawsuit?

Legal-Bay does fund some class action lawsuits. Some of the types of class actions that we fund include hernia mesh, round-up, and J&J talcum powder. If you are unsure of your class action, please give us a call at (877) 571-0405.

Do I need an attorney or lawyer for a lawsuit loan?

Yes, at Legal-Bay Lawsuit Funding, you must have an attorney to qualify for funding. Attorneys play a crucial role in your case because their expertise often helps secure a larger settlement. They provide us with all the necessary documents to review your case. Furthermore, after we approve your application and send out the contract, your attorney needs to sign it as well. Consequently, having your attorney involved is vital throughout the process.

Can I get a loan from my attorney? Can my lawyer advance me money?

In Wisconsin, you generally cannot borrow money directly from your attorney due to ethical and professional conduct rules. The Wisconsin Rules of Professional Conduct prohibit lawyers from lending money to clients for litigation purposes. This rule aims to prevent conflicts of interest and uphold the integrity of the attorney-client relationship.

Nevertheless, attorneys can assist you in other ways. For example, they can help you explore alternative funding options, such as lawsuit loans or pre-settlement funding. These financial products, offered by third-party companies, are not linked to your attorney’s practice.

If you face financial difficulties while involved in a lawsuit, discuss your situation with your attorney. They can offer guidance on managing your case and suggest suitable financial resources or strategies to help you through the legal process. Always ensure that any financial arrangement remains transparent and adheres to the legal and ethical standards established by the state bar.

What happens if I lose my case?

If you lose your case, you do not have to repay your lawsuit loan. Lawsuit loans, also known as pre-settlement funding, function as non-recourse loans. Consequently, you do not have to repay the cash advance if you lose your case.

Here’s how it works: When you take out a lawsuit loan, the funding company provides you with money based on the expected outcome of your case. If you win or settle, you must repay the loan along with any agreed-upon fees or interest. However, if your case does not end favorably, you do not need to repay the loan. In this situation, the funding company assumes the risk since repayment depends on the success of your legal action. Thus, you benefit from the safety net provided by the non-recourse nature of the loan.

Therefore, carefully review the terms of your lawsuit loan agreement before accepting the advance. By doing so, you ensure that you fully understand all the conditions and potential financial implications. This way, you can prepare for any outcome, even if your case does not go as planned.

Contact Us

If you still have questions or want to learn more about lawsuit loans in Wisconsin, don’t hesitate to reach out. We’re here to help you every step of the way.

How Legal-Bay Can Help

At Legal-Bay Lawsuit Funding we are known and beloved by our clients. We specialize in helping plaintiffs in need of financial support during a lawsuit. We understand how stressful it can be to wait for a settlement, especially when bills are piling up. With our fast, hassle-free lawsuit funding, you can get the cash you need now and repay it only after you win your case.

Ready to take the next step? Contact us today to apply for a Wisconsin lawsuit loan and get the financial relief you need while waiting for your settlement. Don’t let the legal process overwhelm you—Legal-Bay is here to help.