State rules
Not availableCase Equity in Maine.
ClaimAngel funders are not currently active in Maine. 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 Maine law says.
As of July 14, 2026
Maine's Consumer Credit Code (Article 12, since 2008) requires registration with the Bureau of Consumer Credit Protection, front-page cost schedules through 42 months, and cuts fees off at 42 months. No percentage rate cap.
Verified against primary sources July 14, 2026. The full facts layer for Maine, 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
Maine funding, asked plainly.
Is pre-settlement funding legal in Maine?
Yes, funding is legal in Maine, but not through ClaimAngel today: our funders are not currently taking new Maine cases, and other funding companies do serve the state. Maine's Consumer Credit Code (Article 12, since 2008) requires registration with the Bureau of Consumer Credit Protection, front-page cost schedules through 42 months, and cuts fees off at 42 months. No percentage rate cap. One important nuance: these rules generally follow where you live, not where the accident happened. If your case is in Maine 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 Maine?
Yes, you can. Funding is legal in Maine and other funding companies serve Maine 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 Maine 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 Maine?
Maine does not set a state-specific price cap. On ClaimAngel the price 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