Georgia (GA) Lawsuit Loans

Updated on 3/26/2024

This article helps plaintiffs and attorneys alike learn more about lawsuit loans and alternatives in Georgia. Below you will find the following information:

Lawsuit loan companies serving Georgia

Below you will find a list of companies that provide funding in Georgia. We highlight lawsuit loan companies we recommend, as well as local and regional funding companies where applicable.

Recommended lawsuit loan companies funding Georgia residents

We recommend the following companies for plaintiffs residing in Georgia.

Our pick for low rate lawsuit loans

USClaims offers some of the lowest, non-compounding rates in the industry. Many companies claim to offer “the lowest rates in the industry” – we recommend comparing them against an offer from USClaims to see for yourself.

View USClaims’ profile

Our pick for fast lawsuit settlement loans

Thrivest Link Legal Funding offers reasonable funding terms often with simple, non-compounding rates. Their expert underwriting allows them to fund larger sums than many of their competitors. They frequently approve claims for funding within 24 hours.

View Thrivest Link Legal Funding’s profile

See our full list of recommended companies here.

Lawsuit funding laws, regulation, and relevant ethics opinions in Georgia

Common law in GA holds that lawsuit lending agreements are not technically loans because they are non-recourse (repayment is contingent upon the success of the case). The Georgia Rules of Professional Conduct do not address the topic of lawsuit lending agreements. Nearly all lawsuit cash advance companies provide funding to residents of GA.

Legal funding case law in Georgia

In Cherokee Funding v. Ruth Georgia courts found that legal funding is not subject to the Georgia Industrial Loan Act, or the Payday Lending Act due to the fact that the advances are non-recourse. A subsequent case Davis v. Oasis Legal Fin. Operating Co. upheld this precedent.
Source: Cherokee Funding v. Ruth

Can a lawyer lend money to a client in Georgia?

In Georgia, a lawyer can advance the costs of litigation, or in some cases pay for the costs of litigation. However, a lawyer cannot help clients with living expenses.
Source: Georgia Rules of Professional Conduct 1.8(e)

Can attorneys help clients receive lawsuit loans in Georgia?

Attorneys are not allowed to guarantee loans to their clients. Typical funding agreements do not require a guarantee.
Source: Georgia Rules of Professional Conduct 1.8(e)

Lawsuit loan alternatives in Georgia

Lawsuit loans are expensive. Plaintiffs in Georgia should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:

  • Georgia Utility Assistance Programs – find more information on energy assistance programs that can help pay your utility bills. You may also qualify for weatherization services that complete needed home repairs to make your residence more energy-efficient.
  • Georgia Rent Payment Assistance – available for certain applicants receiving unemployment benefits or experiencing financial hardship. You must be under direct threat of homelessness due to the inability to pay your rent or utilities to qualify.
  • Georgia Food Bank Association – find your local food bank to get access to food at no cost. There are no eligibility requirements for this program.
  • Section 8 / Low Income Housing Program – get more information on how the Housing Choice Voucher Program can help you secure safe and affordable housing or offer a voucher for rental assistance in a participating residence of your choice.