Georgia (GA) Lawsuit Loans

Updated on 12/17/2021

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 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 have experienced a financial hardship or reduction in income. 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.

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 companies serving Georgia

Recommended lawsuit loan companies funding Georgia residents

US Claims Logo

US Claims 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 US Claims. to see for yourself.

View US Claims’ profile

Triumph Legal Funding Logo

Triumph Legal Funding offers competitive rates and fast, friendly service. Triumph favors rolling contracts with pre-approved monthly funding amounts to help clients budget and offer peace of mind throughout the course of their lawsuit.

View Triumph Legal Funding’s profile

Thrivest Link Legal Funding Logo

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

Lawsuit loan companies located in Georgia

  • Cherokee Funding – Georgia-based Cherokee Funding provides pre-settlement and post-settlement plaintiff and attorney funding. They claim to fund almost all types of legal cases, so long as there is solid liability, damages, and a defendant with the ability to pay.
  • The Legal Funding Group – Based in Savannah, Georgia, The Legal Funding Group provides lawsuit cash advances nationwide. On their website, they quote a rate of 36% every six months.

Regional pre-settlement funding companies that serve Georgia residents

  • Baric Enterprises – Florida-based Baric Enterprises, Inc. provides non-recourse personal injury loans as well as several kinds of insurance and retirement planning services.
  • Capital Now Funding – Capital Now Funding is a Kentucky-based settlement advance company founded in 2015. They claim to offer a fixed fee model with no interest. They claim that their fees vary from state to state.
  • Client Legal Funding – Florida-based Client Legal Funding was founded in 2011. They offer pre-settlement funding, post-settlement funding, medical funding and attorney funding services.
  • Glofin Funding – Founded in 2002, Glofin Funding is one of the longest standing providers of personal injury funding in the United States. They serve plaintiffs nationwide with a few exceptions.
  • Momentum Funding – Headquartered in Florida, Momentum Funding focuses on personal injury and workers’ compensation lawsuit advances.
  • Signal Funding – Florida-based Signal Funding claims to provide $500 to $500,000 in pre-settlement funding with same-day service. They provide funding to injured plaintiffs nationwide. Signal has solid reviews on Google but a less impressive reputation on Yelp.

Other pre-settlement lawsuit loan companies serving Georgia residents