Texas Lawsuit Loans Made Easy

Texas Lawsuit Loans Overview

Our lawsuit settlement funding allows you to pay for whatever you need. We can provide lawsuit loans for cases such as medical malpractice, auto accidents, premises liability, and many more. Accidents and injuries can slow life down. Uplift’s pre-settlement loans can help get you back on track.

Am I Eligible For Pre-Settlement Funding in Texas?

Texas is one of the few states that allow a lawyer to directly lend money to their clients. However, a large majority of lawsuit loans are still administered by third-party lawsuit loan companies like Uplift Legal Funding.

You are likely eligible for lawsuit settlement funding if:

1. You were injured by a third party.
2. You have a pending settlement claim against an insurance company.
3. You have hired a law firm to represent you.

Unlike traditional loans, your credit score and employment history are not approval factors for pre-settlement lawsuit loans. A credit check is not performed on any advance request.

With lawsuit loans, approval depends on the strength of your case, not your financial situation.

Because there is little regulation for third-party legal loans, it’s important to do your homework and find a reputable lender with ethical lending practices.

How Much Does a Texas Settlement Loan Cost?

The cost to repay a lawsuit loan depends on the amount of money you borrow and the terms of your loan.

Not every pre-settlement loan company is the same, and some may charge higher interest rates than others. Look for companies that charge simple interest, which applies interest only to the principal amount, instead of companies that charge compound interest, which can significantly increase the amount you’ll have to repay.

Uplift Legal Funding provides no-win/no-pay pre-settlement lawsuit loans with simple, non-compounding rates and no upfront fees. Often, Uplift Legal Funding’s total charges are half those of our competitors. We disclose our terms upfront and in writing, and our client care team is happy to answer any questions you or your lawyer may have.

How Can I Get the Lowest Lawsuit Settlement Loan Rates in Texas?

Separating the best companies from the pack can be challenging. We have an in-depth guide to help you find the best settlement loan company right here.

There are a couple of key things to look for to help you find a reasonably priced lawsuit funding company.

When applying with a lawsuit settlement funding company, you should not have to pay any upfront fees. All reputable lawsuit loan companies provide a free case evaluation. Furthermore, you should not need to provide any case information to get a rate quote on what the settlement cash advance will cost.

So, what is the best way to find the lowest rate? Compare rates! Call a few companies that provide lawsuit settlement loans and ask for a quote (in writing) from each. Move forward with the two or three companies that offer the best terms by providing them with your law firm’s contact information.

Once you have a contract, make sure the terms of your loan are clearly stated in writing. Watch out for hidden fees, and ensure your lawsuit loan contract does not prohibit you from getting additional funding.

Always avoid companies that charge compound interest, as you will end up paying back significantly more than you would with a company that offers simple interest rates.

Uplift Legal Funding charges some of the lowest rates on pre-settlement loans in the industry. We never charge upfront fees or compound interest.

How Much Pre-Settlement Funding Am I Eligible For In Texas?

At Uplift Legal Funding, we typically cap our Texas settlement loan amounts at $250,000. However, not every one of our clients requires or is eligible to borrow that much. The amount we approve depends on the value of your case.

While each legal lending company has different terms, the ballpark is 25% of the demand amount for pre-settlement cases and 50% of the client’s net portion of the settlement award for post-settlement cases. The net portion is the gross settlement value minus lawyer fees and any other liens or fees associated with the case.

Uplift Legal Funding offers both pre-settlement and post-settlement lawsuit loans. Even after your case has been resolved, it can sometimes take months to receive your funds, and you could still be facing financial difficulties. Our post-settlement loans are administered similarly to pre-settlement funding, but we’re able to offer higher loan amounts and lower rates.

Sometimes, the other party may have a certain time frame to pay the plaintiffs, especially in a class-action suit. You could be left waiting months or even a year for your money, but you need the cash now.

When determining how much money to apply for, take a careful look at what you actually need versus what you want. Your lawyer can help you determine the right amount to borrow.

How Can I Use Pre-Settlement Funding?

Once you receive your pre-settlement loan, how you use the money is largely up to you. Most of our clients use the funds to help pay for living expenses and housing, as many have missed work because of their accidents.

For the most part, you can buy groceries, repair or replace your car if it was damaged in the accident, and pay your medical bills. However, your settlement loan can’t be used for lawyer fees. Fortunately, most personal injury lawyers work on contingency and will be paid at the conclusion of your case.

Can a Lawsuit Loan Strengthen My Case?

This is a somewhat complicated question. The short answer is no: obtaining a lawsuit loan won’t have any impact on your personal injury or accident case. However, lawsuit loans do frequently help accident victims secure a fair settlement.

Many people who have been hurt in an accident and are filing a lawsuit may have missed work, either right after the accident because of injuries and healing, or due to ongoing appointments for aftercare. Missing work often means smaller paychecks and thus financial struggles.

Insurance companies generally pay the damages on behalf of the at-fault party after an accident and prefer to settle cases quickly and for as little money as possible. Once the case is settled, the other party is no longer legally responsible for paying the plaintiff (you) for any additional medical care you need due to your injuries.

If you require, say, six months of physical therapy and you settle your case three months after the accident, the last three months of treatment are your financial responsibility.

When plaintiffs are in need of money, they tend to settle faster instead of pursuing the case to the end, which includes fully concluding medical treatment. If these plaintiffs have the funds to live on while their case is being litigated, they can rest easy during the process.

Essentially, a lawsuit cash advance can give you and your lawyer more time to negotiate a just settlement award.

Where in Texas can you get a lawsuit loan?

With Uplift, the cash advance process is quick, easy, and completely paperless! The entire process, from start to finish, is done without sending in paper forms. We do this by collecting e-signatures from both you and your attorney.

Uplift offers two paperless ways to receive your cash advance. The first is a direct wire transfer. The second option is via Western Union.

This means that while your claim may be in Texas, you can get funding from start to finish anywhere.

We provide lawsuit loans in all counties and cities in Texas, including:

• Austin, TX
• Dallas, TX
• El Paso, TX
• Fort Worth, TX
• Houston, TX
• San Antonio, TX

Why choose Uplift in Texas?

There are many benefits to choosing Uplift for Texas legal funding. Just a few of them are listed below:

Quick and Easy: We provide approval in as little as two minutes when you call one of our personal injury case managers. We can approve you for Texas pre-settlement funding in less time than it takes to go to a payday loan store, and at lower rates! You can complete an application for Uplift Legal Funding online, or you can call us at (800) 385-3660.

Safe: Applying for legal funding online can be tricky. We value your security, safety, and privacy. From the moment we receive your application until you receive funding, we handle your personal information safely and privately.

No win, no pay: If you do not win your case, you get to keep your funding without paying it back.

Better rates: Uplift offers legal funding in Texas with non-compounding rates. Non-compounding means we only charge rates based on the original amount of funding. This way, your rates stay low and manageable.

No monthly payments: When you borrow money from Uplift Legal Funding, there are no monthly payments. Your attorney repays the advance if and only if your case settles.

Will bad credit prevent me from getting funding?

Bad credit has no impact on your funding. We never run credit checks.

There are only three factors we consider for pre-settlement loans with Uplift:

1. Quality of your case (Is this a case we can fund?)
2. How long you have been on your case (What stage are you at in the case?)
3. How quickly your attorney gives us information (Has your attorney given us information in a timely manner?)

Again, your credit rating, financial history, and employment status do not impact your chance at lawsuit funding. Our funding is based exclusively on the merits of your case.

Texas personal injury claims we fund:

Uplift grants pre-settlement funding on most Texas personal injury cases. If you are in the midst of a case or have just reached a settlement, Uplift can help you. Uplift has composed a comprehensive guide on what we fund. A few examples include:

• Texas auto accident claims
• Medical malpractice claims
• Wrongful death claims
• Pedestrian accident claims
• Premises liability claims
• Workplace injury claims (FELA, Jones Act)

Lawsuit Loan Alternatives for Texas Plaintiffs

Lawsuit loans can be expensive, and not everyone is eligible for one. Texas has several social programs that can help needy families, including those whose primary wage earner is unable to work due to an accident.

• Families who may be vulnerable to eviction or who need help with housing can receive assistance from Texas Housing Assistance (Rent Assistance and Eviction Diversion, etc.). This agency offers rent assistance and helps families avoid eviction, as well as placement in low-income housing.
• Families who need urgent assistance with food may check the Texas Food Bank Network to find a food bank near them, as well as its hours and whether an ID or proof of residency is required.
• If you’re unable to work because of an injury and have lost your family health insurance, you may be eligible for Texas Medicaid.
• Temporary Assistance for Needy Families (TANF) can help families who are in dire financial straits and need cash quickly.
• Feeding Texas helps Texas families with healthy meal planning, nutrition, and engaging in more physical activity. Representatives can help people who receive SNAP food benefits maximize their benefits with smart meal planning.

Do I Need a Lawyer to Get a Lawsuit Loan in Texas?

Yes. While Uplift Legal Funding doesn’t require you to have filed your lawsuit before applying for a pre-settlement loan, we will need to speak with the licensed attorney representing your case. They are ultimately responsible for paying the loan back.

Your personal injury lawyer probably works on a contingency basis, which means they only get paid if they win your case. Their fee is a portion of the settlement money. Lawsuit loans are likewise repaid from your settlement award. If you lose your case, you don’t have to pay the settlement loan back.

If you’re having trouble finding a lawyer to represent you in a personal injury case, Uplift Legal Funding can help! We work with many reputable personal injury and accident lawyers in Texas, and we can help you locate one in your community. Our website has contact information for many lawyers with a rating of 4.5 out of 5 stars or above on Google Reviews.

Personal Injury Firms in Texas

Uplift can only provide legal funding after you have secured an attorney.

If you are having difficulty finding an attorney, we have compiled a list for you.

Each of the law firms below has a rating of at least 4.5 on Google:

Baumgartner Law Firm
6711 Cypress Creek Pkwy
Houston, Texas 77069
(281) 587-1111
Specialties: Dram shop liability, car accidents, construction accidents, pool accidents

Mullen and Mullen
8105 Rasor Blvd #237
Plano, Texas 75024
(972) 947-3370
Specialties: Slip and fall, traumatic brain injury, electrocution accidents, wrongful death

Krist Law Firm
17100 El Camino Real
Houston, TX 77058-2784
(281) 720-3630
Specialties: Maritime accidents, aviation accidents, product liability, railroad accidents

Turley Law Firm
6440 N Central Expy #1000
Dallas, TX 75206
(214) 691-4025
Specialties: Oil rig accidents, dangerous premises accidents, boating accidents, medical malpractice

Lawsuit Loans from Uplift Legal Funding

Uplift provides lawsuit cash advances to relieve the financial pressure associated with loss of work due to an injury. We care about our clients and aim to offer realistic lawsuit loans for every eligible case.

What’s Next

Uplift Legal Funding provides risk-free lawsuit settlement loans with low, non-compounding rates. Our goal is to get you the funding you need so your life isn’t put on hold.

We frequently complete funding requests in as little as 24 hours. Once approved, we can transfer cash directly to your bank account. If you don’t have a bank account, we can send the cash you need via Western Union or an overnight check.

Apply online or call us toll-free for a free consultation at (800) 385-3660. Our friendly funding specialists will be happy to help.