Updated on 2/29/2024
This article helps plaintiffs and attorneys alike learn more about lawsuit loans and alternatives in Nebraska. Below you will find the following information:
Lawsuit loan companies serving Nebraska
Below you will find a list of companies that provide funding in Nebraska. We highlight lawsuit loan companies we recommend, as well as local and regional funding companies where applicable.
Recommended lawsuit loan companies funding Nebraska residents
We recommend the following companies for plaintiffs residing in Nebraska.
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.
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.
Highly rated on Google
High Rise Financial is a California-based lawsuit loan company. They have the most five-star reviews of any funding company in the industry. In addition to pre-settlement funding, High Rise provides medical care scheduling and financing services.
Lawsuit loan companies located in Nebraska
Compare Lawsuit Loans does not currently cover any local lawsuit lending companies in Nebraska. Local funding companies interested in being included on this page may contact us at [email protected].
Regional pre-settlement funding companies that serve Nebraska residents
- Mustang Litigation Funding – Mustang Litigation Funding is a relatively new but quickly growing lawsuit funding company based in Minnesota. They have provided more than $50 million in funds to plaintiffs and attorneys since 2018.
- Oasis Financial – Oasis Financial is one of the largest pre-settlement lawsuit loan companies in the United States. Oasis Financial has provided funding to more than 250,000 plaintiffs since 2003.
- Preferred Capital Funding – Preferred Capital Funding claims to be the first pre-settlement funding provider in the US. They receive most of their business directly from referring attorneys.
Other pre-settlement lawsuit loan companies serving Nebraska residents
- 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.
- Nova Legal Funding – Nova Legal Funding is a direct funder and broker of lawsuit loans based in Los Angeles. They claim to have provided more than $70 million of pre-settlement funding to plaintiffs.
- 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 Funding has solid reviews on Google but a less impressive reputation on Yelp.
Lawsuit funding laws, regulation, and relevant ethics opinions in Nebraska
Nebraska regulates the lawsuit cash advance industry with The Nonrecourse Civil Litigation Act. See below for details. The Nebraska Bar Association tacitly approves of funding. They have issued an ethics advisory opinion indicating that attorneys may refer clients to lawsuit lending companies with certain restrictions.
Laws regarding lawsuit loans in Nebraska
The Nonrecourse Civil Litigation Act regulates civil litigation funding companies doing business in the state. Lawsuit funding companies must register in the state. There is no imposed interest rate cap on lawsuit loans in Nebraska. There are, however, various disclosure requirements for pre-settlement lawsuit loan contracts.
Source: The Nonrecourse Civil Litigation Act
Can a lawyer lend money to a client in Nebraska?
Nebraska Lawyers can advance the costs of litigation for a client, however, they cannot help pay for living for medical expenses.
Source: Nebraska Rules of Professional Conduct 1.8(e)
Can attorneys help clients receive lawsuit loans in Nebraska?
It is ethical for attorneys to refer clients to third party lending agencies, as long as the attorney has the client’s best interests in mind.
Source: Nebraska Ethics Advisory Opinion for Lawyers No. 00-2
Lawsuit loan alternatives in Nebraska
Lawsuit loans are expensive. Plaintiffs in Nebraska should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:
- Nebraska Housing and Rental Assistance Programs – these programs offer resources for low-income Nebraska residents, including locating rental counseling services, finding local Public Housing Agencies, and applying for Section 8 housing.
- Nebraska Medicaid – Nebraska Medicaid provides medical and dental insurance to qualifying low-income Nebraskans, as well as low-income seniors in need of long-term care.
- Supplemental Nutrition Assistance Program (SNAP) – SNAP provides financial assistance to Nebraskans with limited cash savings (under $2,250, or $3,500 for those with an elderly or disabled dependent) and monthly pre-tax income that falls below the state poverty thresholds.
- Energy Assistance (LIHEAP) – this program offers financial assistance to reduce the costs of heating and cooling for qualifying low-income Nebraska residents.
- Other Nebraska Assistance Programs – Additional support programs include Aid to Dependent Children (ADC), Women, Infants, and Children (WIC) nutritional assistance, and the Children’s Health Insurance Program (CHIP), a function of Nebraska Medicaid.