Illinois Legal Funding

Fast Pre-Settlement Loans in Illinois

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Are you awaiting a pending personal injury lawsuit in the state of Illinois?

These lengthy legal battles could leave you under financial pressure, especially if you have mortgage or rent payments to make, as well as medical bills to pay. Luckily, Nova Legal Funding is here to provide Illinois plaintiffs with immediate support through lawsuit funding.

Many people waiting to settle a personal injury lawsuit in Illinois require financial assistance as the complex nature of these cases can leave them waiting months, or even years before they receive a payout. This is made worse by the fact that insurance companies are notorious for employing stalling tactics, hoping that financial strain will leave you with no choice but to accept a lower settlement.

Nova Legal Funding’s lawsuit cash advances help to cover all vital expenses and are considered completely non-recourse. This means that Illinois personal injury plaintiffs will not need to pay back the advance if they lose their case, and therefore take no risk in applying for lawsuit funding with us.

The pre-settlement funding process can begin at any point during your lawsuit and you will receive funding within 24 hours. With our fast and simple lawsuit funding, you and your attorney will have the freedom to negotiate the settlement you deserve.

Illinois Lawsuit Funding Requirements

Applying for pre-settlement funding in the state of Illinois is simple. All that’s required from you is your name, phone number, and attorney’s contact information.

  • No Credit ChecksAt Nova Legal Funding, we will not inspect your credit history during the application process.
  • Easy Application – Most details of the lawsuit loan application will result from conversations between Nova Legal Funding and your attorney.
  • Risk-Free Advance – Customers will only repay the pre-settlement loan if they win their personal injury lawsuit. Unsuccessful plaintiffs owe nothing to Nova Legal Funding.

Laws and Regulations of Lawsuit Funding in Illinois

Important Illinois Legal Information

Avg. Funding per case from Nova Legal Funding $12,096
Fault Laws Modified Comparative Fault
51% Bar Damages will be reduced pro-rata by amount of the plaintiff’s negligence. 735 I.L.C.S. § 5/2-1116.
Statute of Limitations 2 years Ch. 735, Act 5, Art 13, Sec. 13-202
Minimum policy limits for bodily injury & property damage $25,000 bodily injury liability per person
$50,000 bodily injury liability per accident
$20,000 property damage liability per accident
Minimum UIM auto insurance limits Liability: 25/50/20
UM BI: 25/50
Workers compensation eligibility Workers’ compensation covers job-related injuries, including injury caused by the repetitive use of a body part at work, strokes and heart attacks caused by work, as well as other physical problems or pre-existing conditions worsened by work.

However, injuries at company recreational events or accidents during a drug or alcohol rehab program are not covered.

Illinois personal injury cases must be represented by a law firm on a contingency basis. This means the law firm is paid if and when the claim wins. A personal injury lawsuit in Illinois must also involve substantial industry supported by medical records and treatment plans. Finally, plaintiffs should not have any prior pre-settlement funding for the case, and if they do it must not be excessive.

Illinois Personal Injury Law: How Does it Affect Legal Funding?

The statute of limitations for personal injury cases in the state of Illinois is two years. This means that parties have two years from the date they sustained the injury to file a lawsuit within Illinois’ civil court system, though in some circumstances the timer may instead begin from the date the injury was discovered. If Illinois residents attempt to file a lawsuit after the two-year window, it is unlikely that the courts will hear the case and all rights to compensation will be lost. The statute of limitations is also two years for parties wishing to sue the state, though a formal claim must be filed within one year.


The state of Illinois does not cap damages in any kind of personal injury case.


Illinois jurisdiction applies the comparative fault doctrine to personal injury cases, which works by assigning a percentage of fault to each party involved in the accident in question. If the plaintiff is in some way responsible for their own injuries, the courts use the state’s modified comparative fault rule to determine overall compensation. A party 90% responsible would have to pay 90% of damages accordingly, but the plaintiff would have 10% of the total deducted if they were found to be 10% at fault for the accident. However, if a plaintiff is at least 50% responsible, they will not be allowed to collect any compensation.


Injured parties do not need to take their case to court if they were involved in an auto accident, and are instead free to settle with the relevant insurance companies.

Unlike some states, Illinois dog owners are ‘strictly liable’ for any injuries caused by their animal. Regardless of the dog’s past behavior, “the owner of such dog or other animal is liable in civil damages to such person for the full amount of the injury proximately caused thereby.”

Notable Personal Injury Lawyers in Illinois

Illinois is home to plenty of talented personal injury attorneys who would be delighted to take on your case:

Jonathan Rosenfeld
225 W Wacker Dr #1760, Chicago, IL 60606

John W. Fisk
308 West State Street Suite 210, Rockford, IL 61101

Adam J. Zayed
195 Springfield Avenue, First Floor, Joliet, IL 60435

John Joseph Malm
1730 Park St #201, Naperville, IL 60563

Peter D. Cullotta
3535 E. New York Street Suite 215, Aurora, IL 60504

Frederick W. Nessler
536 N. Bruns Lane, Suite 1, Springfield, IL 62702

Harry Williams
414 Hamilton Blvd. Peoria, IL 61602

Car Accident and Fatality Statistics in Illinois

According to the Illinois Department of Transportation’s most recent and complete records, there were 952 fatal crashes in the year 2018. These resulted in a total of 1035 deaths. Of these fatal crashes, 150 drivers were found to be unlicensed at the time of the accident.

Nova Legal Funding offers lawsuit funding in Illinois to any plaintiffs involved in motor vehicle accidents. Here are examples of traffic accident cases we have handled in the past.

At Nova Legal Funding, our knowledge and experience make us well equipped to take charge of lawsuit funding in Illinois. Get in touch with our team today for a free case evaluation, and for more information about pre-settlement loans in Illinois.


Am I qualified for lawsuit funding in Illinois?

All personal injury plaintiffs who sustained injuries within the state of Illinois are eligible for a free and quick application for a lawsuit loan from Nova Legal Funding.

Will I receive a lawsuit loan or a cash advance?

Though commonly known as a lawsuit loan, Nova Legal Funding will provide a cash advance against your final lawsuit settlement. This advance is also non-recourse, so there will be no need for you to repay the money if you lose your case.

How do I spend the lawsuit funding?

Our pre-settlement loans help anyone in need of financial support amid an ongoing personal injury case. There are no restrictions in terms of how the cash advance is spent, but many Illinois plaintiffs typically use their lawsuit loan to cover mortgage and rent payments, pay medical bills and existing debts, or simply alleviate general living expenses.

Apply For Lawsuit Funding in Illinois Now

We are available to personal injury plaintiffs 24/7, always ready to assist our customers in any way we can. Please contact Nova Legal Funding today to see how our legal funding could help you.

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(800) 760-0704