State rules
Funders activeCase Equity in Ohio.
ClaimAngel funders are active in Ohio. One set rate: 27.8% simple, 2x cap at 46 months. If you don't win, you owe nothing back.
The industry calls this pre-settlement funding, legal funding, or a lawsuit loan. We call it Case Equity.
The short version
You can get funding in Ohio. Today you get five days to cancel. A new law this fall makes it ten and adds state oversight.
The facts
What Ohio law says.
As of July 14, 2026
Ohio's funding law is in transition. R.C. 1349.55, in force since 2008, governs today: disclosures, a five-business-day cancellation right, and attorney acknowledgment. On July 7, 2026, Governor DeWine signed HB 105, which repeals it and enacts a new Chapter 1357 effective this fall: registration with the Attorney General, a 7% ceiling on one-time service fees, a ten-day cancellation right, and an unusual requirement that funding agreements be disclosed to the Attorney General at case resolution and published, redacted, on a public website.
R.C. 1349.55 (current); R.C. Chapter 1357 (from fall 2026)
Non-recourse civil litigation advance contracts (2008); Sub. H.B. 105 (signed July 7, 2026)
Read the statute →The law today
R.C. 1349.55 (since 2008): front-page bold disclosures including repayment amounts at six-month intervals over 36 months, a five-business-day cancellation right without penalty, and attorney acknowledgment.
What HB 105 changes
Signed July 7, 2026; effective 90 days after filing, in the fall of 2026. It repeals 1349.55 and enacts Chapter 1357: registration with the Attorney General for both consumer funding companies and commercial financiers, a ban on prepayment penalties, a one-time service fee capped at 7% of the funded amount, and a ten-business-day cancellation right. No rate cap.
The disclosure twist
Under HB 105, the consumer's attorney must disclose the funding agreement to the Ohio Attorney General within 14 days of the claim resolving, and the AG publishes agreements on a public website with consumer-identifying information redacted. Contract clauses limiting discovery of the agreement are void.
Conduct rules
No funder control of litigation or settlement, no referral fees, and funders may not pay court costs, filing fees, or attorney's fees. Agreements with entities not domiciled in the United States are banned. Violations are consumer-protection offenses with a private right of action.
The backdrop
Rancman v. Interim Settlement Funding (Ohio 2003) voided a non-recourse advance as champerty, which produced the 2008 statute. HB 105 cites Rancman by name and preserves Ohio's policy against champerty outside the regulated lane.
For plaintiffs
- Today you have five business days to cancel; under HB 105 this fall it becomes ten.
- Under the new law your funding agreement will be filed with the Attorney General when your case resolves and published in redacted form. Assume the terms become public.
For law firms
- HB 105 puts a new obligation on counsel: disclose the funding agreement to the AG within 14 days of resolution.
- Registration opens roughly January 2027. Funders active in Ohio must register before doing business; check status before intake.
Sources
- R.C. 1349.55, Ohio Revised Code (accessed July 14, 2026)
- Sub. H.B. 105 (136th General Assembly), Ohio Legislature (accessed July 14, 2026)
For educational purposes only, not legal advice. Laws change and courts reinterpret them. Check the dated sources on this page, and talk to a lawyer licensed in your state about your own case.
The questions
Ohio funding, asked plainly.
Is pre-settlement funding legal in Ohio?
Yes. You can get funding in Ohio. Today you get five days to cancel. A new law this fall makes it ten and adds state oversight. On ClaimAngel it is offered as Case Equity: one set rate, a hard cap, and nothing owed if you lose.
Can I get a lawsuit loan in Ohio?
What the industry calls a lawsuit loan is not a loan: a loan bills you monthly and follows you if you lose, and this does neither. The accurate name for the modern product is Case Equity, money drawn from the value your case already holds. You can draw on your Ohio case through ClaimAngel today, with no credit check and nothing owed if you lose.
How much does legal funding cost in Ohio?
Ohio does not set a state-specific price cap. On ClaimAngel the rate is public and the same everywhere we serve: 27.8% simple annual interest, never compounding, with a hard cap at 2x the draw plus financed fees. The calculator shows the exact payoff for your numbers, to the penny.
Is pre-settlement funding a loan?
No. A loan follows you if you lose and bills you along the way. Case Equity is non-recourse: money from the value of your case, repaid only out of a winning settlement. Lose the case, keep the money, owe nothing back.
What happens if I lose my case?
You owe nothing back. Non-recourse is the product, not fine print: the draw is repaid only from a settlement or judgment in your favor.
Ready when you are. Same set rate for every Ohio case, and nothing owed if you don't win.