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Tennessee Lawsuit Loans
When you are in the middle of a long, drawn-out lawsuit, your bills and expenses often don’t wait for you to get the compensation you need. Luckily, you can get a lawsuit loan, otherwise known as legal funding, to cover these costs while your attorney works toward the settlement arrangement you are owed.
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Are Lawsuit Loans Legal in Tennessee?
Legal funding is regulated in Tennessee by the Tennessee Litigation Financing Consumer Protection Act. Among its requirements are that:

Lawsuit lenders must be registered in the state.

Lawsuit lenders must provide a $50,000 surety bond.

Lawsuit Loan is registered and is in good standing within Tennessee. In other words, it’s completely legal for you to get your funding from us. Whether you live in a small town or in some of the major cities like Knoxville, Chattanooga, Nashville, Memphis, or Clarksville, we can serve you. We can also offer settlement loans if you’re litigating an out-of-state case.
How Your Loan Amount Is Determined?

Our underwriters take all aspects of your case into account when analyzing your application. Since we only provide safe, risk-free non-recourse funding, your personal finances are never a source of repayment and are never part of what determines your amount. That also means NO credit check is required. Factors that influence how much we can provide include:

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Your expected settlement amount or jury award.

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The total of the damages for which you are suing.

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The expected duration of your lawsuit.

If we need additional information, we will contact your attorney or law firm.
Can You Get More than One Lawsuit Loan?
Usually, we try to calculate the best possible amount of pre-settlement funding we can provide you so that you are comfortable financially while your case settles. If something changes and you need additional funding, we may be able to restructure your agreement or approve another loan.
Repaying Your Legal Funding
Repayment is an easy and straightforward process. Once your attorney gets a check for the settlement amount, they will send us a check for the full repayment amount. This includes the amount you borrowed plus simple interest (rather than the compound interest many competitors use).
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NO touching your bank account or personal finances

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NO monthly payments to remember

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NO hassle

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NO repayment at all if you lose your lawsuit

Get Your Tennessee Lawsuit Loan Today

Ready to steady your financial ship while waiting for the compensation you deserve? Get pre-settlement funding now by applying with Lawsuit Loan. If you have questions or concerns about the funding or repayment process, or for help filling out the application form, please contact our office at (800) 000-0000.

Fill out the form below for a free consultation and quote.

Frequently Asked Questions
What is a Lawsuit Cash Advance?

A lawsuit cash advance can give you access to the money you expect to win from your settlement now when you need it most. You could wait months or years to receive money from your case. But if you’re like most people, you have bills that need to be paid now.

Legal funding carries many advantages over other types of financing, such as credit cards, a traditional personal loan, or even a second mortgage. However, it has some clear advantages that help to reduce your overall risk and allow you to take home more of your settlement.

What to Know When Shopping for Lawsuit Loans
A lawsuit loan is a type of non-recourse loan available to you if you are waiting on a settlement payout. Unlike other types of loans, these don’t require repayment from your personal assets. Your settlement itself is used as collateral for the loan and is the only source of repayment, which means if you lose your settlement, you don’t owe anything back.

If you find yourself in a lawsuit and need money, you may be thinking about taking out a lawsuit loan. Many bold advertisements will be sent to you encouraging you to get your hands on large settlements quickly. As inviting as these loans sound, be sure you take some precautionary steps to decide if this is the best course of action in your particular circumstance.

Do Lawsuit Loan Qualifications Differ by State?

Lawsuit loan qualifications are actually quite similar across states, but may differ somewhat by the provider you select. Reputable legal loan organizations will make the process quick and easy. Lawsuit Loan is focused on helping you meet your financial obligations during the lawsuit process.

Still Have Questions?
Call us toll-free at 800-000-0000 to speak with a friendly funding specialists today.
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