Updated on 8/7/2021
This article helps plaintiffs and attorneys alike learn more about lawsuit loans and alternatives in Idaho. Below you will find the following information:
Lawsuit loan alternatives in Idaho
Lawsuit loans are expensive. Plaintiffs in Idaho should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:
- Idaho Food Banks – find food banks that service your location. You may need to provide proof of your residency.
- Emergency Rent and Utilities Help – if you have experienced a financial emergency and are unable to pay your rent or utilities, this resource can help. You will need to provide basic information about your household and income. A copy of your current lease and proof of unpaid rent or a past-due utility bill are also required.
- Idaho 211 – if you or someone you know needs help, call and get information and answers on a number of human services programs located in your area. Get advice on which programs would benefit you the most, as well as how to apply.
- Other Idaho Rent Payment Help Organizations by Region – check this out for additional programs providing assistance for emergencies. Select a program based on your region to see more information and qualifying criteria.
Lawsuit funding laws, regulation and relevant ethics opinions in Idaho
Idaho does not have a statute regarding lawsuit loans in the state. Common law indicates that legal loan agreements are enforceable in the state as long as they do not pervert the legal process. Most lawsuit lending companies provide funding in Idaho.
Legal funding case law in Idaho
According Wolford v. Tankersley to Idaho does not recognize champerty or maintenance doctrines. Third-party lawsuit loan agreements are enforceable unless they constitute an “abuse of process or malicious prosecution of civil actions.”
Source: Wolford v. Tankersley
Can a lawyer lend money to a client in Idaho?
For residents in Idaho, an attorney cannot help their client out financially. The most they can do is advance the costs of litigation, or in some cases cover the costs of litigation.
Source: Idaho Rules of Professional Conduct 1.8(e)
Can attorneys help clients receive lawsuit loans in Idaho?
Lawsuit loan companies serving Idaho
Recommended lawsuit loan companies funding Idaho residents
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.
Thrivest Link Legal Funding offers fair terms with a fast, efficient funding process. Many companies claim to offer same-day or 24-hour lawsuit loans but Thrivest Link Legal Funding often actually makes it happen.
Lawsuit loan companies located in Idaho
Compare Lawsuit Loans does not currently cover any local lawsuit lending companies in Idaho. Local funding companies interested in being included on this page may contact us at [email protected]
Other pre-settlement lawsuit loan companies serving Idaho residents
- Oasis Financial
- Glofin Funding
- Nova Legal Funding
- Golden Pear Funding
- Prime Case Funding
- National Lawsuit Funding
- High Rise Financial
- The Legal Funding Group
- Necessity Funding
- Cherokee Funding
- Signal Funding
- Case Cash Funding
- Bridgeway Legal Funding
- Pegasus Legal Capital
- Baker Street Funding
- Baric Enterprises
- Tribeca Capital Group
- Capital Now Funding