State rules
Not availableCase Equity in West Virginia.
ClaimAngel funders are not currently active in West Virginia. The state's rules are below.
The industry calls this pre-settlement funding, legal funding, or a lawsuit loan. We call it Case Equity.
The facts
What West Virginia law says.
As of July 14, 2026
W. Va. Code § 46A-6N (amended 2024): Secretary of State registration with a $50,000 bond, an 18% annual fee cap on the funded amount, no fees beyond 42 months, and five business days to cancel.
Rate cap on record: 18% annually, 42-month max
Verified against primary sources July 14, 2026. The full facts layer for West Virginia, with statute citations and sources, is being written; the summary above is current.
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
West Virginia funding, asked plainly.
Is pre-settlement funding legal in West Virginia?
Yes, funding is legal in West Virginia, but not through ClaimAngel today: our funders are not currently taking new West Virginia cases, and other funding companies do serve the state. W. Va. Code § 46A-6N (amended 2024): Secretary of State registration with a $50,000 bond, an 18% annual fee cap on the funded amount, no fees beyond 42 months, and five business days to cancel. One important nuance: these rules generally follow where you live, not where the accident happened. If your case is in West Virginia but you live in another state, your home state's rules usually apply, and ClaimAngel may still be able to fund you.
Can I get a lawsuit loan in West Virginia?
Yes, you can. Funding is legal in West Virginia and other funding companies serve West Virginia cases; ClaimAngel funders are just not taking new cases there right now. And if you live in another state, your home state's rules usually apply to you, so ClaimAngel may still be able to fund your West Virginia case. 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.
How much does legal funding cost in West Virginia?
West Virginia law caps what funding can charge: 18% annually, 42-month max. 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.
ClaimAngel funders are active in most states. See where.
Every state