Michigan Pre Settlement Loans

Get a lawsuit loan in Michigan from Rapid Lawsuit Funding to help you care for your family as you wait for a settlement from the courts or your insurer. Don’t take low compensation because you are broke.


  • Qualify quickly
  • Payback $0 if you lose
  • Receive cash within 24 hours
  • Payback at super low rates

Are you struggling financially with a pending personal injury lawsuit in Michigan?

You are not alone. Victims of personal injuries usually file lawsuits in courts, hoping to receive enough compensation to offset the damage caused by accident. But in many cases, they end up incurring even more costs as the lawsuit goes on.
By their nature, personal injury lawsuits in Michigan tend to stretch on for a while as both sides try to argue their cases. For plaintiffs like you, that can mean weeks and weeks of waiting, which usually coincides with ballooning living costs. Some plaintiffs find themselves out of work due to the personal injury, while others find themselves running out of cash.
Even when the lawsuit is own, and a settlement is set aside, it can take weeks before a plaintiff can see the money. In cases that involve insurance companies, such as personal injuries from auto accidents, the wait is even longer since insurance companies tend to stall their negotiations on purpose. At the end of the day, you end up accepting a much lower payout than you deserve.
Rapid Lawsuit Funding tries to offset that problem. With its pre-settlement loan, personal injury victims like you in Michigan can afford to wait out any negotiations without asking for early but low payouts. Our lawsuit loan helps you take care of your family, and other immediate needs such as medical costs as your lawsuit are deliberated.
We have made our loan very easy to get; you receive cash in under 24 hours. You can apply any stage of your personal injury lawsuit in Michigan, and we will help you. Get the justice you deserve without settling for less.

Talk to one of our experts at (800) 581-7202 to get started.


Pre Settlement Funding Requirements for Michigan

For residents of the state of Michigan, all we require is the name of the plaintiff, the plaintiff’s contact information, and their attorney’s contact information.

  1. No Background Credit Checks
    • Rapid Lawsuit Funding does not look into your credit history or consider it in order to offer you a cash advance.
  2. Simple Application Process
    • Our application process takes mere minutes, and all we need is a conversation with you to fill out the paperwork.
  3. Only Pay Back When You Win
    • Rapid Lawsuit Funding’s pre settlement loans are non-recourse, which means that if you lose your lawsuit, you don’t have to pay back our cash advance.


> Lawsuit Funding Regulations in Michigan

Summarized Legal Information on Michigan Lawsuit Funding
Average Funding per case from Rapid Lawsuit Funding in Michigan: $4,102 We can offer loans between $500 and $2,500,000 depending on the analyzed case value.
Fault Laws: Modified Comparative Fault – 51% Bar Plaintiff’s recovery may be reduced by the percentage of loss attributable to him, and at 51% fault, the plaintiff’s economic damages are reduced, and non-economic damages are barred. M.C.L.A § 600.2959
Statute of Limitations: 3 years Chapter 600, Act 236, Ch. 58, Sec. 600.5805, number 9
Minimum policy limits for bodily injury & property damage: $20,000 bodily injury liability per person, $40,000 bodily injury liability per accident, $10,000 property damage liability per accident Personal injury protection (unlimited) $1 million property protection
Minimum UIM auto insurance limits: Liability: 20/40/10 PIP: Medical and work loss PPI: $1,000,000
Workers compensation eligibility: Not Eligible
Lawsuit Funding is entirely legal in the state of Michigan, and lawyers are allowed to advise clients to seek it if the need arises. Third-party funders are partly self-regulated in Michigan, so you have to make well-researched personal choices. Rapid Lawsuit Funding is one of the best legally recognized lawsuit backers in the state, so you are in safe hands with us.
Within the state of Michigan, we are not allowed to fund personal injury lawsuits seeking workers compensation. That is because Michigan law requires victims of work-related personal injuries to seek compensation from their employers, who are expected to have workers compensation insurance on hand. As a result, we cannot give out a pre-settlement loan to anyone seeking worker’s compensation. In the case that an employer has no workers compensation insurance plan laid out, they are fined by the state.
Rapid Lawsuit Funding is also not eligible to provide settlement loans in Michigan for soft tissue damage cases.
If you have already received funding from another lawsuit funder in Minnesota, you are still allowed to get additional funding for the same case. At Rapid Lawsuit Funding, our only requirement is that you disclose your prior funding sources to us so that we can prepare lien repayment first.

See What Our Clients Are Saying

We have already funded over $25m+ of personal injury lawsuits country wide!

Michigan Personal Injury Law and Its Effect on Lawsuit Funding

The statute of limitations in the state of Michigan for filing a personal injury lawsuit claim is three years. This is estimated starting from the day you received the injury. If the date is hard to determine, then it can be calculated starting from the day the first signs of injury appeared. Beyond the three years, one cannot make any claim in court seeking compensation.
For those seeking to sue the government of Michigan at any of its levels, such as city or county or state, the statute of limitations gets winnowed down to just six months. During those six months after sustaining an injury caused by the government, an individual is expected to file both a claim and a suit in the state’s courts of law. If the months pass by without any action, the case will most likely never be heard unless in particular circumstances.
In Michigan courts, a fault is assigned using the modified comparative fault doctrine. This means that if the plaintiff is found by the jury or judge to be in any way responsible for their personal injury, they are assigned some of the blame/responsibility. This translates to reduced blame for the defendant, and subsequently, lower damages. The modified comparative fault principle would ensure that a plaintiff’s compensation is deducted by 20% if they are found 20% responsible for their accident. The defendant, therefore, pays for only 80% of said charges. The principle also caps the plaintiff’s fault at 50%, after which he/she cannot receive any compensation owing too much to blame.
As regards damages, Michigan computes both economic and non-economic damages for personal injury lawsuits. The state does not put caps on economic damages such as losses and bills because they are easier to compute. Non-economic losses, however, such as pain and suffering, are capped. Non-economic damages in medical malpractice cases are capped at $445,500, while damages in cases that result in death or severe disability are capped at $795,500.

Top Personal Injury Lawyers in Michigan

One of Michigan’s best-kept secrets is the number of talented personal injury lawyers it has. Some of the top names include:

William Payne Webster
6100 Stadium Drive, Suite 2
Kalamazoo, MI 49009
Angelle M. Rothis
20750 Mack Avenue
Grosse Pointe Woods, MI 48236
Nicholas Leydorf
909 N Washington Ave
Lansing, MI 48906
Eric Steinberg
717 S Grand Traverse St, Suite 2
Flint, MI 48502
Kelly M. Neumann Esq.
250 Monroe Ave, NW #400
Grand Rapids, MI 49503
Daniel T. Geherin
760 W Eisenhower Parkway #305
Ann Arbor, MI 48103

Car Accident and Fatality Statistics in Michigan

Michigan has rather high figures for traffic accidents. In 2017 alone, the state recorded 1,030 deaths from 939 fatal accidents, 57% of which were associated with vehicles driven by alcohol-impaired drivers. Over 51% of the recorded accidents involved more than one car.
If you find yourself injured in a Michigan accident, you can seek compensation from either an insurance company or the courts of law. Either way, you will need funding for your lawsuit, and we offer you the best of the best state-wide.
We deal with lawsuits stemming from the accident varieties below:

  • Pedestrian accident
  • Car accident
  • Tractor-trailer accident (truck accident)
  • Bus accident
  • Bicycle accident
  • Motorcycle accident

Talk to one of our experts at (800) 581-7202 to get started on your loan today!

Ready to get some justice? Let us help you.


Michigan Lawsuit Funding FAQs

How do I qualify for a pre-settlement loan in Michigan?

To qualify for a pre-settlement loan in Michigan at Rapid Lawsuit Funding, all you need is to be a victim of a personal injury caused by a third party. Anyone that has been injured can effectively sue in Michigan courts of law, and we are more than willing to back your lawsuit if we find your case valuable. Loan applications are free for everyone to take.

What is the difference between the lawsuit loan and the cash advance that you provide?

There is no significant difference between a lawsuit loan and a cash advance from Rapid Lawsuit Funding because they are the same. We call it a lawsuit loan in the formal sense, but it is a cash advance in the most basic sense. We give you cash to help you pay your bills, and then you can pay us back when you win your lawsuit.

Do you have specific rules I must follow when using the cash advance?

No, we do not impose any specific rules on how to spend the cash advance. Our hope is that the cash advance helps you pay your current bills as you wait out the negotiations on your verdict. Some plaintiffs use their advances to pay off regular bills like rent and utilities. Others use the money to cater to medical costs from the personal injury. You can go either way or spend it completely differently.

What if I lose my lawsuit? How do I pay you back?

It’s a common fear that one may lose their lawsuit after getting funding from a third party. At Rapid Lawsuit Funding, we understand that completely. That’s why our loans are non-recourse, which means that you don’t have to pay us back if you lose your lawsuit. We only get paid if you win, because that’s the right thing to do.

Can I get a lawsuit loan in Michigan without my lawyer’s knowledge?

Yes, you can. It’s easy to apply for and obtain a loan without your lawyer’s knowledge. But at Rapid Lawsuit Funding, we prefer that your lawyer is kept in the loop. It’s mandatory for us to inform your lawyers because we need them to sign some of the documents in person. It might feel better to get a loan without your lawyer’s knowledge, but it is always safer if they know about it.

Apply for lawsuit funding in Michigan today!

At Rapid Lawsuit Funding, we are ready to make your lawsuit happen the way you want it. We’ve got the experience and the funds to guide your lawsuit to success. Make your justice possible by partnering with us for your lawsuit’s funding today.
Talk to one of our experts at (800) 581-7202 to get started.

If you still have questions?

Talk to one of our experts directly 24/7 at (800) 581-7202 to get any answers you want.