Levalera
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Compliance

Our Commitment to Compliance

Levalera operates with full transparency, adhering to every state and federal regulation governing pre-settlement funding to protect consumers and maintain the highest ethical standards.

Our Approach

Regulatory Compliance at Every Step

Pre-settlement funding is governed by a growing body of state-specific legislation. As more states enact consumer litigation funding laws, Levalera stays ahead of every requirement — from registration and licensing to fee caps, disclosure obligations, and cancellation rights.

We believe that strong regulation benefits everyone: consumers receive clear, enforceable protections, attorneys can recommend funding with confidence, and ethical funders are distinguished from those who cut corners. Below you will find a detailed overview of the states that regulate pre-settlement funding and the consumer protections we uphold in every transaction.

State Oversight

Regulated States

The following states have enacted specific consumer litigation funding legislation. Levalera complies with all applicable registration, disclosure, and fee requirements in each.

California

California Consumer Legal Funding Act (AB 931)

Effective Date
January 1, 2026
Fee Cap
No rate cap, but charges cannot accrue beyond 36 months from funding date
Registration
No registration/licensing currently required (State Bar has enforcement authority over attorneys)

Georgia

Georgia Courts Access and Consumer Protection Act (Senate Bill 69)

Effective Date
Registration: January 1, 2026; Discovery provisions: April 21, 2025
Registration
Registration with Georgia Department of Banking and Finance required

Illinois

Consumer Legal Funding Act (815 ILCS 121)

Effective Date
2022
Fee Cap
Not more than 18% of funded amount per six-month period; no charges beyond 42 months
Registration
Full licensing required through IL Dept of Financial and Professional Regulation

Indiana

Civil Proceeding Advance Payments Act (IC 24-12)

Effective Date
2016 (amended 2024)
Fee Cap
36% annual fee cap plus 7% annual service charge; one-time documentation fees $200-$500
Registration
License required for companies with 15+ transactions/year; surety bond required

Maine

Maine Consumer Credit Code Legal Funding Practices (Me. Rev. Stat. Title 9-A, 12-101 to 12-107)

Effective Date
2008
Registration
Registration with Maine Bureau of Consumer Credit Protection required

Missouri

Consumer Legal Funding Act (Senate Bill 103)

Effective Date
July 6, 2023
Registration
License required through Division of Finance

Montana

Litigation Financing Transparency and Consumer Protection Act (SB 269 / SB 511)

Effective Date
January 1, 2024
Fee Cap
25% cap on amount funder may recover from judgment, settlement, or verdict
Registration
Registration with Montana Secretary of State required

Nebraska

Nebraska Revised Statutes Sections 25-3301 to 25-3309

Effective Date
2010
Fee Cap
No rate cap; fees cannot accrue beyond 3 years; semi-annual compounding max
Registration
Registration with Nebraska Secretary of State required

Nevada

NRS Chapter 604C (Consumer Litigation Funding)

Effective Date
2019
Fee Cap
Maximum 40% annual interest rate; one-time fee capped at $500
Registration
License required from Commissioner of Financial Institutions; surety bond up to $50,000

New York

Consumer Litigation Funding Act (A804-C / S1104A)

Effective Date
June 17, 2026
Fee Cap
Maximum charges cannot exceed 25% of the gross amount recovered
Registration
Must register with NY Department of Financial Services (DFS) and post a surety bond

Ohio

Ohio Revised Code Section 1349.55

Effective Date
August 27, 2008

Oklahoma

Consumer Litigation Funding Agreements (Okla. Stat. Title 14A, 3-801 to 3-817)

Effective Date
2013
Registration
License required; registration with Oklahoma Department of Consumer Credit

Tennessee

Litigation Financing Consumer Protection Act (Tenn. Code 47-16-101 to 47-16-110)

Effective Date
2014
Fee Cap
Maximum ~36% annual ($360 per $1,000 of unpaid principal per year); 3-year max term
Registration
Registration required with $50,000 surety bond

Utah

Litigation Funding Practices Act (Title 13, Chapter 57)

Effective Date
2021
Registration
Registration with the state required

Vermont

Vermont Statutes Title 8, Chapter 74, Sections 2251-2260

Effective Date
2016
Fee Cap
No cap (rate cap sections repealed in 2019)
Registration
Registration with Department of Financial Regulation + $50,000 surety bond

West Virginia

Consumer Litigation Financing (W.Va. Code 46A-6N-1 et seq.)

Effective Date
2019 (amended by SB 850)
Registration
Registration and surety bond required
Your Rights

Consumer Protections

Every Levalera transaction includes these core safeguards, regardless of your state.

Non-Recourse

All funding is non-recourse. If your case does not result in a recovery, you owe absolutely nothing. The funding company absorbs the full financial risk.

No Hidden Fees

Every charge is disclosed upfront in plain language before you sign. There are no application fees, no processing fees, and no surprise costs at settlement.

Right to Cancel

You have the right to cancel your funding agreement within the statutory period (typically 5 to 10 business days) without any penalty or obligation.

Attorney Involvement

We require that every applicant has legal representation. Your attorney reviews the funding agreement and we never interfere with litigation strategy or settlement decisions.

No Referral Fees

We do not pay commissions or referral fees to attorneys, medical providers, or chiropractors. Our funding decisions are based solely on the merits of your case.

Data Encryption

All personal and financial data is encrypted using AES-256-GCM at rest and TLS 1.3 in transit. We follow industry best practices for information security and access control.

Have Questions About Compliance?

Our legal team is available to answer questions about state regulations, licensing, or our compliance practices.

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