Lawsuit loans and pre-settlement funding in Minnesota
Pre-settlement funding for plaintiffs in Minnesota.
Baker Street Funding makes it fast and easy to get pre-settlement funding in Minnesota so you can focus on what matters: winning your litigation. Apply for lawsuit funding in minutes, and our team of legal funding experts will get you started right away. And if you need to refinance a previous advance, save money by funding your claim with us. Our loans in Minnesota range from $1,500 to $10,000,000+ and our rates are fixed starting at 18% a year for attorneys and 28% year for plaintiffs.
- Low rates
- Quick cash
- No risk
Take charge of your finances by funding your Minnesota lawsuit today.
If you lost your job due to your accident you might need a loan. If you need to pay your medical bills you might need a loan. And if you decide you’d rather settle your case and not think about all that, then you’ll definitely need a loan. Whatever the reason, Baker Street Funding in Minnesota can set you up with a lawsuit loan to fit your immediate needs. We provide fast cash advances to lawsuit victims in Minnesota that are delivered without delay, and our rates are non-compounding meaning you can save up to 22% a year if you fund your case with us. We provide our services in all 87 counties and cities in Minnesota including Minneapolis, Duluth, Woodbury, St. Paul, Brooklyn Park, St. Cloud, Rochester, Plymouth, Eagan, Bloomington, Maple Grove, and more. Apply for a quick plaintiff loan with Baker Street Funding or contact us at 888-711-3599 to learn more.
If you lost your job due to your accident you might need a loan. If you need to pay your medical bills you might need a loan. And if you decide you’d rather settle your case and not think about all that, then you’ll definitely need a loan. Whatever the reason, Baker Street Funding in Minnesota can set you up with a lawsuit loan to fit your immediate needs. We provide fast cash advances to lawsuit victims in Minnesota that are delivered without delay, and our rates are non-compounding meaning you can save up to 22% a year if you fund your case with us. We provide our services in all 87 counties and cities in Minnesota including Minneapolis, Duluth, Woodbury, St. Paul, Brooklyn Park, St. Cloud, Rochester, Plymouth, Eagan, Bloomington, Maple Grove, and more. Apply for a quick plaintiff loan with Baker Street Funding or contact us at 888-711-3599 to learn more.
How do lawsuit loans help plaintiffs in Minnesota?
Lawsuit loans are not loans in the traditional sense of the word. A loan on your lawsuit is what is best described as a pre-settlement advance—which is an agreed cash advance as a percentage of your potential settlement proceeds. These types of loans are called non-recourse. That means that you only pay us back if you successfully resolve your legal battle. You can get approved for a legal loan for your lawsuit at any stage— and at no risk to you. And, depending on when your lawsuit will be settled and paid in full, you won’t be paying monthly interest rates like traditional loans nor the capital of the borrowed funds. Only pay after you win your case.
How does the Minnesota lawsuit funding process work?
The lawsuit loan process from Baker Street Funding is simple. All you have to do is take a minute to fill out our application form online. If your attorney responds to our requests on time, you can get approval within 24 hours, and your cash advance will be paid without hesitation.
Apply
Fill out our easy and fast online application, and our legal funding team will be contacting you to finalize your M.N. claim qualification.
Review
Our attorney will then contact your attorney to speak further about your case details, documentation, and liability. Your attorney will make every other submission to our underwriters as they request.
Approval
Once underwriting is satisfied with your case and checks all the boxes, we will formulate a lawsuit funding contract specifically for Minnesota plaintiffs for you and your attorney to sign.
Money
You can expect to get your cash advance within hours from dually the funding agreement— it's that simple. Get your settlement funds hours later.
See the benefits of our lawsuit cash advances in Minnesota.
Our lending experts are people that understand the laws in the Land of 10,000 Lakes and decisions about your pre=settlement advances are made fast. With years of funding experience and a strong commitment to the community, we will help you find an advance to meet your specific needs and circumstances, so you can concentrate on winning your case.
Price match
Get a lawsuit loan option in Minnesota state from a top lender with prices that other lenders can't match. If they offer you a contract, we will beat theirs.
No hidden fees. No fuss
Unlike other legal funding companies serving Minnesota, we don't burden our clients with any hidden shady fees. What you see is what you get.
Capped rate protection
Our contracts are flexible as we provide capped rates to protect you if your case takes longer than 2 to 3 years to resolve. By capping the rate, the interest ends after that term, or before, if you receive your settlement proceeds then. You could save from exorbitant interest charges by financing your legal claim with Baker Street Funding.
Next day funding
Most victims involved in lawsuits need quick feedback on whether their applications are accepted. When you apply with Baker Street Funding, your case will be looked at as soon as you apply. Upon approval, funds will be available the day after your attorney sends us your case file.
Baker Street Funding recommends only use the money on emergency financial demands — we have no business deciding what you choose to do with your money. Still, we cannot approve pre-settlement funds if they will be used on non-essential matters.
Settlement funding helps you move forward with your claim.
A non-recourse legal loan could help you buy your attorney enough time to build a strong case and fight for reasonable compensation while you are able to pay your daily expenses. If you are looking to get a flexible lawsuit cash advance against the proceeds of your settlement in the state of Minnesota, reach out to us at 888-711-3599 to get started today and get funded in as little as the next business day.
Pre-settlement loans don't require credit or job checks.
Often, Minnesota plaintiffs hesitate to apply for settlement funding because they are scared of their application being turned down because of either bad credit scores or being unemployed. Most legal funding companies are not concerned about your employment or credit status while assessing your application. At Baker Street Funding, we don’t dig up your credit history or jobs before offering you a Minnesota lawsuit loan. This process makes it easy for plaintiffs seeking instant financial relief to get help right when they need it. Our lawsuit settlement loans in Minnesota are available to everyone that qualifies.
Helping injured victims choose better legal funding in Minnesota.
Baker Street Funding offers a great local pre-settlement funding in Minnesota service and we are known for our reliable funding services providing the most reasonable rates for MN settlement loans. Get from $1,500 to $2,000,000+ against the proceeds of your Minnesota claim to help you take care of bills and other financial needs like mortgage payments and utility bills. If you have a no-fault case, have had surgery, have no previous funding, and the defendant is well-insured, you could get approved within 24 hours from speaking to your attorney and receiving your case file.
Apply for pre-settlement funding in just 2 minutes.
Find out today if you could qualify for a settlement loan against your pending lawsuit settlement in Minnesota. If you or a loved one were injured or you’re involved in corporate litigation or arbitration, contact Baker Street Funding today for a risk-free case evaluation. Take advantage of our free consultation with the Baker Street Funding family who understand Minnesota’s laws and discuss all your questions with us. You don’t have to worry about bottlenecks—receive smooth communication with our expert team of pre-settlement legal funding experts today and find out how we can help.
See some of our funding products.
FAQ.
What type of interest rates and contracts do you offer?
Baker Street Funding offers comprehensive funding services in Minnesota. We provide legal funding at a non-compounding interest rate (simple interest) depending on the risk of the case.
My Minnesota case is settled. Can I still get an advance?
It’s not unusual for both Minnesota plaintiffs and attorneys to be in financial distress even after the case is won. Payments also take a while to be made in full, and it may take weeks or months, depending on the ruling of the court. The good news is you don’t have to allow the settlement delay to define your financial future.
Plaintiffs
While you await your award’s payment, you can apply for a quick lawsuit cash advance of up to 50% of the settlement value at Baker Street Funding.
Attorneys
Post settlement funding is especially helpful to attorneys working on contingency since their payment is dependent on the outcome of the case. They only get paid when their client gets compensation.
Learn more about legal funding for attorneys here.
How fast are your settlement funding services in Minnesota?
Baker Street Funding takes no more than 24 hours after your lawyer has sent your full case file to provide you with a legal funding decision.
More on Baker Street Funding
The following table depicts Baker Street Funding’s approximate funding amounts and costs in the Sunshine State:
Interest | Non-compounding starting at 24% p/year |
Caps | 2-3 year cap |
Funding time | 24-48 hours |
Funding amounts | $1,500 up to $2mm |
Other states we fund
*We provide funding for personal injury, employment/labor, and civil rights lawsuits in the following states:
Arizona, Alabama, Alaska, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, Nevada, New York, New Jersey, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming.
- We currently fund Colorado at a minimum of $75,000. Case value must be at least $750,000+.
- We currently fund North Carolina at a minimum of $25,000. Case value must be at least $250,000+.
- We currently fund South Carolina at a minimum of $100,000. Case value must be at least $1,000,000+.
- We currently fund in Nevada at a minimum of $20,000. Case value must be at least $200,000+.
- We currently fund in Illinois at a maximum of $40,000. Case value must be at least $400,000+.
- We currently fund in Tennessee at a minimum of $10,000. Case value must be at least $100,000+.
- We currently fund in Arizona at a minimum of $20,000. Case value must be at least $200,000+.
*Litigants with corporate disputes are eligible to receive funding in every state in the United States (and eligible countries).
*Funding for attorneys is provided in most states. Please get in touch with us to find out if your state is eligible.
*Worker’s compensation claims are funding only in the following states: Alaska, Connecticut, Florida, Iowa, Louisiana, Montana, Rhode Island, Washington, and Wyoming.
Eligible claims in the state of Minnesota
- Assault and battery
- Asbestos
- Carbon monoxide poisoning
- Chemical fire accidents
- Cruise ship accidents
- Electrical accidents
- Expected/intended harm
- Hospital negligence
- Libel and defamation suits
- Nursing home negligence
- Negligent security
- Medical malpractice
- Mesothelioma
- Misdiagnosis
- Product liability
- Premises liability
- Roundup lawsuits
- Slip and fall
- Sports Injuries
- Subway accidents
- Sexual abuse of any kind
- Surgical error
- Swimming pool accidents
- Toxic mold
- Veteran Affairs Military Lawsuits
- Wet pavements
- Work related accidents
- Wrongful death
Motor vehicle and car accident loans
- Ambulance accidents
- Aviation accidents
- Bicycle accidents
- Boating accidents
- Bus accidents
- Commercial vehicle accidents
- Firetruck accidents
- Forklift accidents
- Golf Cart Accidents
- Hit and Runs
- Head-on accidents
- Helicopter accidents
- Limousine accidents
- Motorcycle accidents
- Multiple-vehicle Accidents
- Pedestrian accident
- Police car accidents
- Parking lot accidents
- Racing car accidents
- Rear-end accident claims
- RV accidents
- Semi-truck 18 wheeler accidents
- Side-impacts
- Taxicab accidents
- Uber, Lyft accidents
- Train accidents
Employment and labor lawsuit funding
- Construction accidents
- Employment discrimination
- FELA
- Jones Act
- Sexual harassment
- Wage law violation
- Wrongful termination
- Patent Litigation Funding
- Securities and Shareholder
- Qui Tam Whistle Blower
- International Arbitration
- Commercial Litigation
- Monetization
- Competition and Anti Trust
- DIP Chapter 11 Bankruptcy
- Veteran Affairs Settlements
- All settled mass torts
Minnesota’s personal injury laws, accident rates, and liability minimums.
Learn more about Minnesota laws, your litigation, the insurance, and your case. You can’t and shouldn’t have to fight this battle alone. At Baker Street Funding, our litigation funding team understands the hardships a victim suffers either from injuries or institutional litigations. We are committed to providing Minnesota plaintiffs the financial assistance they need quickly. To learn more about your legal funding options in Minnesota, contact us today at (888) 711-3599 or fill out our no-obligation application today.
Car accidents statistics and facts in Minnesota
With an increasing population of over five million, Minnesota has its fair share of crimes and accidents. In cases of car accidents, Minnesota is a “No-fault state”; This means that your insurance company will bear the cost of any damage or injury to an extent — regardless of who is at fault.
You can file a car accident claim in Minnesota if you meet the following criteria:
•If you have incurred more than $4,000 in reasonable medical expenses.
•If you have suffered permanent injury, permanent disfigurement, or suffered disability for at least 60 days.
If you were involved in an auto accident and need an accident loan right away, apply for a car accident loan now, and get the funding process started today.
Worker's comp accidents
Regarding workers’ compensation in Minnesota, every worker is expected to have a worker’s compensation insurance.
This insurance covers accidents that may arise in the course of employees discharging their duties. If an employer fails to provide insurance for his or her workers, they will be made to pay a fine of $1000 per employee for the duration they operated without insurance. In cases where the employee is owed compensation from an employer who failed to provide workers insurance, the Minnesota Special Compensation Fund will aid and pay the benefits.
Unfortunately, Baker Street Funding does not provide worker compensation loans in Minnesota
Personal injury lawsuits and how it affects Minnesota victims
In Minnesota, cases are decided based on comparative law. This means that you can recover some losses if you are little at fault in an accident.
In essence, if you are responsible for up to 50% of the accident, you can recover damages. However, you will lose out on damages if you are responsible for 50% and more of the accident.
If you are battling a personal injury case in Minnesota, you can apply for a personal injury loan to help you cope with living expenses until your case is settled. Don’t wait until you run out of time before you file your lawsuit.
Exceptions to the statue of limitations
Exceptions to the Statute of Limitations:
The statute of limitations for personal injury cases is two years in Minnesota, and you will lose out on any compensation if this time elapses.
In other words, you must understand that you will lose the credibility to file your lawsuit and sue for damages when the statute of limitations is exceeded.
However, there are very few occasions when the time is extended, and that will be determined by the Discovery Rule — which takes into consideration how long it took before the injury or damage was reasonably discovered.
Your Minnesota personal injury attorney is in the best position to evaluate your case and advise you on the right course of action. His or her decision will be determined by the nature of the case and the claims involved.
Overview of personal injury laws in Minnesota
The legal framework is unique in the United States, and it is applied differently as you move from one state to another. The statute of limitations is a time frame within which victims of injury or crimes are expected to file their claims.
If you don’t file your lawsuit within the time limit prescribed by the law, your case won’t make it to the judge’s desk, and your claim will be dismissed. The plaintiff will also lose any chance of getting compensation damages.
The statute of limitations is put in place to ensure fairness and preservation of evidence (including physical evidence and the integrity of witness testimony).
The statute of limitations also prevents the indefinite threat of a lawsuit by a party. Like we mentioned earlier, the statute of limitations varies from state to state and differs with different claims such as medical malpractice, car accidents, and personal injury, among others.
The statute of limitations in Minnesota range between two (2) years to ten years (10) years. Cases of professional malpractice, injury to a person, and slander/libel has a duration of two years each.
Cases of fraud, injury to property, Trespass, collection of rents, and contracts (either written or oral) are allotted six (6) years. Judgment can take up to ten (10) years.
The insurance company
Litigations can drag on for months and even years in the state of Minnesota. Protracted legal battles often leave plaintiffs struggling with their finances. When accidents happen, plaintiffs usually face lots of bills including medical bills, rent payments, tuition, and other living expenses to contend with—especially medical bills. Whenever victims hit a financial challenge, they tend to buckle to the defense attorneys’ pressure or insurance to settle early and take low compensation.
Settling for less is denying yourself justice.
The legal funding company
Rather than accepting undervalued offers from defense attorneys, Baker Street Funding is a renowned legal funding company that could provide you with lawsuit loans in Minnesota and other states across the U.S. in as little as 24 hours so you can proceed with your lawsuit, take care of your financial situation and give your attorney more time to work on taking a better settlement.
Minnesota locations we typically fund in
MN cities we typically fund:
- Champlin
- North Mankate
- Falcon Heights
- Waverly
- Mahtomedi
- Gem Lake
- Circle Pines
- Shorewood
- New Prague
- Elk River
- Chaska
- Eden Prairie
- Kasson
- Arden Hills
- Stillwater
- Apple Valley
- White Bear Lake
- Savage
- Marshall
- Woodbury
- Osseo
- Andover
- Albertville
- Belle Plaine
- Minneapolis
- St. Paul
- Rochester
- Duluth
- Bloomington
- Brooklyn Park
- Plymouth
- Maple Grove
- St. Cloud
- Woodbury
- Eagan
- Eden Prairie
- Coon Rapids
- Blaine
- Burnsville
- Lakeville
- Minnetonka
- Apple Valley
- Edina
- St. Louis Park
- Moorhead
- Mankato
- Maplewood
- Shakopee
MN counties we funded:
- Hennepin County
- Ramsey County
- Dakota County
- Anoka County
- Washington County
- St. Louis County
- Stearns County
- Olmsted County
- Scott County
- Wright County
- Carver County
- Sherburne County
- Blue Earth County
- Rice County
- Crow Wing County