Tennessee Lawsuit Loans

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    Tennessee Lawsuit Loans

    Get Funding Today in 3 Easy Steps

    Uplift Legal Funding is proud to offer funding as soon as the same day you apply. Here’s how we do it:

    Step 1 - apply online or call icon

    Apply or Call

    Apply online or give us a call. This step only takes a few minutes.

    Step 2 - we review your case icon

    We Review

    We contact your attorney and review your case. This only takes a few hours.

    Step 3 - get funding icon

    You Get Cash

    You and your lawyer review and sign our agreement. We send your funds the same day!

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    What Are Lawsuit Loans in Tennessee?

    Lawsuit loans, also known as legal funding, provide financial help when you wait for your court verdict or settlement. In Tennessee, the demand for these loans is rising because they offer multiple benefits. They can ease monetary pressures and help you avoid debts while awaiting the outcome of a long, drawn-out lawsuit.

    These loans aren’t exactly loans in the conventional sense. Unlike regular loans, you don’t need to repay them if you lose your case. Therefore, they pose less financial risk compared to ordinary loans. This feature makes them an appealing choice for plaintiffs who are having a tough time financially during their lawsuit.

    The process to apply for a lawsuit loan is straightforward and fast, and it involves minimal paperwork. No credit checks or employment verifications are performed. The primary criteria to approve such a loan is the strength of your case and its potential recovery amount.

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    Tennessee Personal Injury Statistics

    Tennessee has a yearly injury death rate of 78.4 per 100,000. This places Tennessee substantially higher than the national average of 60.1, by about 30.6%.

    Tennessee residents drive an estimated total of 77 billion miles yearly, which means that the average resident drives about 11,616 miles per year. To compare, that’s 20.6% higher than the national average of 9,630 miles per year. Aside from miles driven, local seatbelt use and drunk driving habits play a large part in the car accident death rate.

    In Tennessee, residents are about average when it comes to buckling up, reporting a usage rate of 84.0%.

    The drinking rate in Tennessee, measured as the percent of people who reported drinking too much before driving in the prior month, is 40.5% lower than the national average of 1.8% at 1.1%.

    Partly because of these factors, Tennessee’s car accident fatality rate is 14.5. This compares unfavorably to the US national average of 10.9 and costs the state $1,250 million yearly.

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    Tennessee Lawsuit Funding Cheat Sheet

    According to Title 28, Ch. 3, Sec. 28-3-104; the statute of limitations for personal injury cases in Tennessee is 1 year. This means that you may lose the right to sue if you do not file your legal claim within that time-frame. Different states follow slightly differing comparative negligence statutes. Tennessee follows a modified comparative fault with a 50% threshold guideline. Basically, this means that plaintiff’s negligence offsets the defendant’s liability. – McIntyre v. Balentine, 833 S.W.2d 52 (Tenn. 1992). Often, for legal funding requests early-on in a case, companies providing lawsuit loans in Tennessee must assume state minimum policy limits of:

    • $30,000 bodily injury liability per person
    • $60,000 bodily injury liability per accident
    • $25,000 property damage liability per accident

    Why Choose Uplift

    Clients love our low rates, fast funding, and attentive service.

    24 Hour Funding

    24 Hour Funding

    Get $500 to $250,000+ as soon as today

    Low Rates

    Low, Simple Rates

    Simple, non-compounding rates that save you money on legal funding

    No Monthly Payments

    No Monthly Payments

    Only pay at settlement – if you lose your case, you pay back nothing

    Trusted

    Trusted

    Get the legal funding you need with the service and transparency you deserve

    Regulation of Lawsuit Loans in Tennessee

    The Tennessee Litigation Financing Consumer Protection Act requires litigation financing firms to register with the state and post a bond in the amount of $50,000. This limits fees charged by lawsuit funding companies to a point at which legal funding is regarded as unprofitable. Most legal funding companies do not provide funding in Tennessee.

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    Lawsuit Loans from Uplift Legal Funding

    Uplift Legal Funding originates non-recourse lawsuit loans in Tennessee. If you have any questions or are interested in learning more about lawsuit loans, apply online or call us today at (800) 385-3660.

    Our Satisfied Customers

    Jeremy H testimonial avatar

    Jeremy H

    5 Star Customer Review

    While waiting on my settlement I found myself in a bind. A quick Google search and a couple minutes later I was on the phone with Holly from Uplift. Two days later I had the funds I needed. I’m so glad I chose Uplift for my funding needs.

    Nicole P testimonial avatar

    Nicole P

    5 Star Customer Review

    Uplift Legal Funding is true to its word about its process. It really is as easy as the three steps – apply, sign a contract, & get the money. They make sure you get the money YOU need. I recommend Uplift Legal Funding 100%.

    Jacob H testimonial avatar

    Jacob H

    5 Star Customer Review

    Uplift Legal Funding went above and beyond to ensure I didn’t lose everything. I was able to pay my bills and avoid the imminent threat of eviction. I wholeheartedly recommend Uplift Legal Funding. You have my eternal gratitude.

    These testimonials are from real, satisfied customers who posted positive reviews of Uplift Legal Funding online. They were compensated for the use of their name, likeness, and the honest reviews of our services that you see above.

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      Tennessee Funding Examples

      Tennessee Car Accident Claim

      $19,000

      Funded in 2018

      The defendant failed to yield during a left hand turn and collided with the plaintiff. As a result of the accident, the plaintiff required a lumbar fusion surgery.

      Tennessee Employment Claim

      $18,000

      Funded in 2021

      Plaintiff with a disability was denied accommodations under ADA and ultimately terminated. The plaintiff had a $35,000 per year lost wage claim and demanded more than $500,000 in damages.

      Tennessee Medical Malpractice Claim

      $20,000

      Funded in 2020

      Nurses at a hospital gave negligent care that resulted in the plaintiff’s infertility and birth defects to her daughter. In addition to providing the plaintiff with $10,000 in funds, Uplift Legal Funding helped refinance a prior advance of $10,000.

      Does Uplift Legal Funding Directly Fund Cases in Tennessee?

      Uplift Legal Funding operates as a direct funder in many states. However, in Tennessee, we act as a broker and originate funding requests to a select group of funding partners.

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