Missouri Lawsuit Loans
Get up to $ 500,000 in 24 Hours
Low Interest Rate Lawsuit Loan
Pay Only If You Win The Case
Is lawsuit loan legal in Missouri?
Lawsuit loans are not available in every state, but they are available in Missouri. In Missouri, a lawsuit loan company must be licensed by the Missouri Division of Finance. The company must also comply with the state’s usury laws, which limit the amount of interest that can be charged on a loan.
Who can apply for lawsuit funding in Missouri?
Lawsuit loans are not available to everybody. First, the plaintiff must have a pending lawsuit in Missouri that is likely to result in a monetary award. A plaintiff can’t just borrow money without having this realistic possibility of receiving an award and repaying the cash advance company for any borrowed funds. If they lose their case, there’s no way they can repay the cash advance.
Who can provide lawsuit loans in Missouri?
In addition, not every company that makes lawsuit loans has a license from the state to do so. A plaintiff should only work with a licensed lender if they want to avoid taking a big risk. Since there are no credit checks involved in getting a lawsuit loan, an unlicensed company can take advantage of a plaintiff if they do not have the necessary licensing.
What types of cases are eligible for settlement funding in Missouri?
In Missouri, ECO pre-settlement funding provides lawsuit cash advances to the plaintiffs of almost every personal injury claim. Here are a few cases which can easily get lawsuit loans
- Car accident claims
- Medical malpractice lawsuit
- Employment discrimination lawsuit
- Slip and fall claims
Further, you can check some of the recent case funding we provided in Missouri
Labor Law Lawsuits
Whether you have not been given fair lunch breaks or your salaries are always delayed or your boss treats you like dirt, anything that breaks the Labor Law can be filed as a lawsuit. If your social security benefits have been taken away from you, you can also file a case against your employer. If you have a hard time providing the amount needed to file the case, what you can do is contact our pre-settlement funding company.
A lot of women who have had vaginal mesh, commonly used to treat pelvic organ prolapse, have been experiencing very serious side effects as they have had to undergo multiple revisions that require surgeries. Almost $20 million of compensation have been given to victims. If you are one of them and would like to file a transvaginal mesh lawsuit, be sure to get enough proof to prove your case.
Tractor Tailor Accidents
Tractors are prone to accidents because most drivers have to work for long hours as they travel long distances. If you have been in an accident involving tractors and trailers and you believe it was due to negligence, you may apply for pre-settlement loans in Missouri.
Car accidents can be a big pain, especially to the victims. There are a lot of angles to look at, which is why it is harder to win a case. Who was wrong, who violated the law? All these questions have to be answered and proven in court. Cases without clear proof could take up a lot of time and money. If you feel like you would not be able to sustain the case financially, it will be convenient to consider pre-settlement funding.
If your loved one has suffered from cerebral palsy due to medical errors and negligence, you need to fight for the compensation that you deserve. Children, who are the normal victims here, may need full-time attention and could require a big budget. Our low-interest rate lawsuit funding can help you out.
Talk with your attorney and apply with us
A plaintiff doesn’t usually attend a meeting with a pre-settlement cash advance company alone. They likely meet with an attorney first, and then that attorney often helps them submit their information to one or more companies that provide this type of loan. If the case goes to trial and the plaintiff wins, then they owe nothing to the cash advance company. If the case does not go to trial or if it is lost by the plaintiff, then they will probably be required to repay some or all of the loan along with any interest that accrued during that time.
Only Missouri residents can apply for lawsuit loans in their home state, but some companies will do business with out-of-state plaintiffs if they have a pending case in Missouri. The terms of the loan and the interest rate may be different, though, depending on where the company is located.
Lawsuit loans can be a helpful way for plaintiffs to get through a difficult time financially. However, it’s important to understand the risks involved before applying for a loan. A plaintiff should only borrow money from a licensed company to ensure they are protected in case of any problems. You can apply with us as we are a licensed pre-settlement funding company; that offers the lowest interest rate lawsuit loans in Missouri.