Iowa Lawsuit Loans Help Plaintiffs
Getting caught up in a legal battle can leave you facing financial difficulty. At Fair Rate Funding, we offer Iowa lawsuit loans for plaintiffs with pending personal injury or other lawsuits.
Lawsuits take time, usually between two and four years. Injury sometimes prevents plaintiffs from working and this can place tremendous strain on financial resources. Chances are a substantial award will be received. What’s unknown is how long the process will take.
While you wait, your bills keep piling up. Iowa lawsuit loans (also known as lawsuit funding loans or Iowa settlement funding) are contracts between a plaintiff in a lawsuit and a “lender” to provide immediate cash to the client, often within 24 hours.
The Need for Iowa Lawsuit Loans
Many personal injury plaintiffs in Iowa need financial assistance at some point during their case, especially if they need time time off work to recover from injuries. Iowa lawsuits can take several years and eat up most or all of an average monthly income. This leaves plaintiffs struggling to afford expenses such as:
- mortgage payments
- and other living expenses
Compounding the problem is that financially strong insurance companies intentionally prolong the legal process to encourage struggling plaintiffs to accept “low-ball” settlement offers. Fair Rate Funding can help.
What is an Iowa Lawsuit Loan?
An Iowa lawsuit loan is a specialty finance transaction in which a plaintiff sells a portion of the future proceeds of a lawsuit to a settlement funding company, like Fair Rate Funding. In return, the plaintiff receives immediate cash, prior to settlement. This way, plaintiffs get the financial relief they seek when they need it and their attorneys have the time to fight for justice.
If the case is successful, the lawsuit loan is repaid by plaintiff’s attorney. If the case is lost, the lawsuit “loan” is not repaid. This is called non-recourse funding and means lawsuit loans are not really loans at all.
How Will I Know if I Qualify?
If you’ve suffered a personal injury caused by another person or party, you automatically qualify for lawsuit funding. As a general rule to follow, if the accident occurred in Iowa and caused you significant injuries, you are eligible for a quick and free application.
Is an Iowa Lawsuit Loan an advance or a loan?
Often referred to as a lawsuit loan, Iowa lawsuit loans are not really loans at all. Traditional loans imply repayment at some point in the future. Lawsuit funding in Iowa is actually an advance against the settlement proceeds of your case. Again, lawsuit loans are non-recourse, which means the sole source or repayment is the settlement/award itself. Lawsuit loan companies in Iowa and throughout the United States CANNOT pursue repayment against a plaintiff personally under the contract. We only collect repayment if you win your case or obtain settlement money.
How Can I Spend the Money?
Lawsuit funding is available to those who need financial support during a personal injury lawsuit. However, there are no restrictions on how you spend the cash advance. Some plaintiffs in Iowa use the money to pay off previous debts, cover the cost of mortgage or rent, afford medical bills, or simply put towards general living expenses.
If You Have Any Questions, Call 888-964-2224
How Do I Apply for an Iowa Lawsuit Loan?
To begin the “funding process” simply click the Apply Now button at the bottom of this page or you can visit our submission form. Someone will contact you shortly so we can begin the process. You can also call 888-964-2224 and speak to a representative directly.
Why Choose Fair Rate Funding for Iowa Lawsuit Funding?
Fair Rate Funding offers the lowest rates Iowa lawsuit loans since 2007.
We specialize in providing the lowest rates for settlement funding in Iowa. Fair Rate Funding provides the lowest rates for lawsuit funding now against the proceeds of your case. If you are not successful in your case, the advance does not need to be repaid. We take the risk and you can focus on more important things.
We know you have a choice of lawsuit settlement funding companies and are happy to assist you. To obtain a lawsuit loan in the quickest and easiest manner, please fill out the quick application or call 888-964-2224. You can then relax and allow Fair Rate Funding to work for you. We routinely provide lawsuit cash advances within 24 hours of receiving the paperwork from your attorney.
What Part of Iowa Does Fair Rate Funding Service?
Fair Rate Funding provides Iowa lawsuit loans in the following metropolitan areas:
- Des Moines
- Cedar Rapids
- Sioux City
- Iowa City
- West Des Moines
- Council Bluffs
Iowa Lawsuit Loans are Risk Free!
If you have a lawsuit, live in Iowa and have a lawyer, you will likely qualify for Iowa lawsuit settlement funding from Fair Rate Funding. If you need cash now while waiting for your IOWA lawsuit to finish, we can provide settlement funding to help you while your case is litigated.
Lawsuit funding is risk free because you only repay the advance if you win your case. We are here to help so we share the risk of loss with you.
We provide settlement funding services in Iowa and in the following states: Alabama, Alaska, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin, Wyoming and the District of Columbia.
Thank you for choosing Fair Rate Funding.