Washington (WA) Lawsuit Loans

Updated on 12/17/2021

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

Lawsuit loan alternatives in Washington

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

Lawsuit funding laws, regulation and relevant ethics opinions in Washington

Washington does not have any statutory law that directly impacts pre-settlement funding. Washington common law illustrates that pre-settlement funding is allowed in the state. Various cases including those that follow involving assignment of claims have made the court’s position clear. Unless a contract is contrary to public policy it would likely be upheld. Most companies provide funding to residents of WA.

Legal funding case law in Washington

Per Giambattista v. Nat’l Bank of Commerce – “champerty is the intermeddling of a stranger in the litigation of another, for profit, and maintenance is the financing of such intermeddling.” The court’s opinion in this case shows that so long as a third-party does not intermeddle in the litigation, they are not prohibited from financing it.
Source: Giambattista v. Nat’l Bank of Commerce

Can a lawyer lend money to a client in Washington?

A lawyer may advance or guarantee litigation expenses on behalf of a client.
Source: Washington Rules of Professional Conduct Rule 1.8(e)

Can attorneys help clients receive lawsuit loans in Washington?

The Washington State Bar ethics committee indicated that rule 1.8(e) precludes a lawyer from lending money to a client. In the same opinion, the committee indicated that a lawyer may arrange financing for a client from a third-party.
Source: Washington State Bar Association Advisory Opinion: 1691

Lawsuit loan companies serving Washington

Recommended lawsuit loan companies funding Washington 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

Triumph Legal Funding Logo

Triumph Legal Funding offers competitive rates and fast, friendly service. Triumph favors rolling contracts with pre-approved monthly funding amounts to help clients budget and offer peace of mind throughout the course of their lawsuit.

View Triumph Legal Funding’s profile

Thrivest Link Legal Funding Logo

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.

View Thrivest Link Legal Funding’s profile

Lawsuit loan companies located in Washington

Compare Lawsuit Loans does not currently cover any local lawsuit lending companies in Washington. Local funding companies interested in being included on this page may contact us at [email protected]

Regional pre-settlement funding companies that serve Washington residents

  • High Rise Financial – Founded in 2016, High Rise Financial is an extremely well reviewed legal funding company. In addition to pre-settlement funding, High Rise provides medical care scheduling and financing services.
  • 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 $25 million of pre-settlement funding to plaintiffs.

Other pre-settlement lawsuit loan companies serving Washington residents