Updated on 8/9/2021
This article helps plaintiffs and attorneys alike learn more about lawsuit loans and alternatives in New Hampshire. Below you will find the following information:
Lawsuit loan alternatives in New Hampshire
Lawsuit loans are expensive. Plaintiffs in New Hampshire should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:
- New Hampshire – Medicaid Program – Medicaid in New Hampshire provides health insurance to low-income residents who do not have alternative opportunities to obtain coverage and can’t afford traditional resources.
- Division of Family Assistance – this agency offers a wide range of benefits for residents, including financial assistance, food and nutritional access, child care resources, and emergency housing help.
- Fuel Assistance Program (FAP) – the FAP offers financial support to offset heating costs for low-income New Hampshire residents of between $158 to $1,575 annually, depending on income and home fuel costs.
- Food Stamp Program – this program provides Electronic Benefit Transfer resources to be used to purchase food from most grocery stores and alternative shopping, like farmers’ markets.
Lawsuit funding laws, regulation and relevant ethics opinions in New Hampshire
There are no state laws in New Hampshire that would impact lawsuit loans. Common law is supportive of lawsuit loans – champerty and maintenance doctrines do not apply in New Hampshire. Lawyers are forbidden from lending to clients. However, the New Hampshire Bar Association issued an ethics opinion indicating that lawyers may, with caution, ethically assist clients with funding requests from third-parties.
Legal funding case law in New Hampshire
In Markarian v. Bartis the court decided that champerty and maintenance doctrines are not in-force in New Hampshire. That means that lawsuit lending agreements are unlikely to be struck down on that basis.
Source: Markarian v. Bartis
Can a lawyer lend money to a client in New Hampshire?
In New Hampshire, attorneys can advance the the costs of litigation for a case, and in some instances cover them completely. However, attorneys cannot grant financial assistance to plaintiffs.
Source: New Hampshire Rules of Professional Conduct 1.8(e)
Can attorneys help clients receive lawsuit loans in New Hampshire?
It is not unethical for attorneys in New hampshire to help clients get funding. They must however be aware of any potential risks.
Source: New Hampshire Bar Association Ethics Committee Advisory Opinion #2004-05/01
Lawsuit loan companies serving New Hampshire
Recommended lawsuit loan companies funding New Hampshire 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 New Hampshire
Compare Lawsuit Loans does not currently cover any local lawsuit lending companies in New Hampshire. Local funding companies interested in being included on this page may contact us at [email protected]
Other pre-settlement lawsuit loan companies serving New Hampshire residents
- Oasis Financial
- Glofin Funding
- Nova Legal Funding
- Golden Pear Funding
- Prime Case Funding
- National Lawsuit Funding
- Momentum Funding
- 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