Pennsylvania (PA) Lawsuit Loans

Updated on 6/14/2021

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

Lawsuit funding laws, regulation and relevant ethics opinions in Pennsylvania

Common law in PA illustrates that third party litigation funding is legal. Communications with a third-party funder are also protected by attorney-client privilege. Most lawsuit funding companies provide advances to PA residents.

Legal funding case law in Pennsylvania

After what they thought to be an inadequate award, a plaintiff sought litigation funding to pursue an appeal. The defendant filed a motion for summary judgement as a result of this financing. The court decided that the agreement to finance the appeal was champertous and therefore invalid.
Source: WFIC, LLC v. LaBarr et. al.

Can a lawyer lend money to a client in Pennsylvania?

As stated in the Pennsylvania Bar Association, lawyers cannot grant funding to clients while representing them. Lawyers can advance court related costs, with contingent repayment based on the success of the case.
Source: Pennsylvania Rules of Professional Conduct Rule 1.8(e)

Can attorneys help clients receive lawsuit loans in Pennsylvania?

Provided that an attorney explains certain advantages and disadvantages of the lawsuit loan and associated review process to a client, they may assist clients with lawsuit lending arrangements.
Source: Philadelphia Bar Association Opinion 99-8

Lawsuit loan companies serving Pennsylvania

Recommended lawsuit loan companies funding Pennsylvania residents

US Claims Logo

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.

View US Claims’ profile

Thrivest Link Legal Funding Logo

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.

View Thrivest Link Legal Funding’s profile

Lawsuit loan companies located in Pennsylvania

Other pre-settlement lawsuit loan companies serving Pennsylvania residents