Updated on 3/26/2024
This article helps plaintiffs and attorneys alike learn more about lawsuit loans and alternatives in Montana. Below you will find the following information:
Lawsuit loan companies serving Montana
Below you will find a list of companies that provide funding in Montana. We highlight lawsuit loan companies we recommend, as well as local and regional funding companies where applicable.
Recommended lawsuit loan companies funding Montana residents
We recommend the following companies for plaintiffs residing in Montana.
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.
See our full list of recommended companies here.
Lawsuit funding laws, regulation, and relevant ethics opinions in Montana
Attorneys are prohibited by state law from purchasing stakes in claims but the same does not apply to non-attorneys. The Montana Bar has not issued any ethics opinions on the matter. Most settlement loan companies provide funding in the state.
Can a lawyer lend money to a client in Montana?
Lawyers can help clients by advancing the costs of litigation to the end of the trial or, if the client is impoverished, covering the costs of litigation. In Montana, attorneys however, cannot provide financial assistance beyond this.
Source: Montana Rules of Professional Conduct 1.8(e)
Lawsuit loan alternatives in Montana
Lawsuit loans are expensive. Plaintiffs in Montana should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:
- Montana’s SNAP (Supplemental Nutritional Assistance Program) – Montana’s version of SNAP helps low-income families afford healthier food options. The amount of benefits dispensed depends on income and household size.
- Montana Housing (Emergency Rental Assistance) – this page connects Montana residents in need with a variety of resources (public and private) that they can use to help pay rent, find affordable housing, and more.
- Low-Income Energy Assistance – the Low-Income Energy Assistance (LIEAP) program helps low-income Montana residents afford their heating costs between October 1 through April 30 of each year. Eligibility is based on income and resource limits
- Temporary Assistance for Needy Families (TANF) – this program offers temporary cash assistance to legal Montana residents with at least one dependent child and who earn under a specific income level.