Missouri (MO) Lawsuit Loans

Updated on 6/5/2024

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

Lawsuit loan companies serving Missouri

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

Recommended lawsuit loan companies funding Missouri residents

We recommend the following companies for plaintiffs residing in Missouri.

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

See our full list of recommended companies here.

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

Missouri does not have any laws directly regulating lawsuit loan companies serving residents of the state. Missouri case law has upheld the common law prohibition of maintenance and champerty. Despite this, some funding companies still provide funding to MO residents.

Legal funding case law in Missouri

Missouri common law prohibits both champerty and maintenance. The most recent decision citing champerty is Macke Laundry Serv. L.P. v. Jetz Serv. Co. While the court agreed that lawsuits relating to champerty and maintenance are rare, champerty and maintenance doctrines remain in-force in Missouri.
Source: Macke Laundry Serv. L.P. v. Jetz Serv. Co.

Can a lawyer lend money to a client in Missouri?

A lawyer may advance only court costs and litigation expenses. Lawyers may not advance living expenses.
Source: Missouri Bar Administration Formal Opinion #119

Can attorneys help clients receive lawsuit loans in Missouri?

The committee came to the conclusion that legal funding may be champerous and therefore illegal.
Source: Missouri Litigation Loans Resources

Lawsuit loan alternatives in Missouri

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

  • Temporary Assistance for Needy Families (TA) – TA is a monthly assistance program that helps families in need pay for necessities for their children, like clothing and utilities. Most people who use the TA program will also need to get employment and training services through the Missouri Work Assistance (MWA) Program.
  • Low Income Home Energy Assistance – Missouri residents eligible for LIHEAP can use federally funded state programs like Energy Assistance (EA) and the Energy Crisis Intervention Program (ECIP).
  • Subsidized Apartments and Public Housing – Missouri residents can use this website to explore their options for rent relief, guidance on eviction protections, and public housing voucher programs. Qualifications vary by program.
  • Help With Utilities – a site that lists a variety of options, public and private, aimed at helping low-income Missouri residents understand and pay their utility bills. Eligibility requirements vary by program.