South Dakota Lawsuit Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
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Important South Dakota Lawsuit Loan Information
Before we dig deeper into specifics, let’s get acquainted with some relevant information regarding lawsuit loans in South Dakota. The following table provides an overview of key figures like the average loan amount by LawsuitLoans.io in the state, South Dakota’s statute of limitations, and more.
| Average loan amount by LawsuitLoans.io in South Dakota | $27,089.67 |
| Largest loan by LawsuitLoans.io in South Dakota | $62,469.00 |
| Average semi-annual rate in South Dakota | 20.8% |
| Median personal injury verdict in South Dakota | $31,000.00 |
| South Dakota statute of limitations | 3 Years; Title 15 Ch. 2 Section 15-2-14 |
| South Dakota fault laws | South Dakota is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
How Much Money Can I Get From my Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io can vary greatly in their amounts. The sum you receive can range anywhere between $500 and over $1,000,000. The exact amount highly depends on the specifics of your situation. Mainly, it’s determined by your potential share of the settlement once the lawsuit concludes.
If your case is still ongoing, LawsuitLoans.io can provide up to 25% of what you’re estimated to receive from the settlement. For example, let’s consider a plaintiff from South Dakota. This person is involved in a car accident lawsuit where the estimated value is $100,000 but the case has not yet resolved.
From the resolution, the division of profits often looks as follows: One-third or around $33,333 gets paid to medical providers, another third goes to the attorney and around $33,333 remains with the plaintiff. In this scenario, LawsuitLoans.io can provide an advance of about 25% of the plaintiff’s total expected amount. That means the plaintiff could receive approximately $8,250 as a lawsuit loan.
However, when a case has already been settled, we offer as much as 50% of your expected portion of the settlement. So, the more promising your lawsuit outcome appears, the more money you can potentially receive through LawsuitLoans.io.
For more details and to start your funding application process immediately, visit LawsuitLoans.io funding application.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Common Case Types We Fund in South Dakota
At LawsuitLoans.io, we provide funding for a variety of case types in South Dakota. Our services extend to, but aren’t limited to, the following case types:
- Auto accident and other roadway accidents: These involve incidents on the road where someone is injured due to another party’s negligence.
- Premises liability cases: Usually, these are cases where an injury occurs on someone’s property due to hazardous conditions or owner’s negligence.
- Medical malpractice: These lawsuits arise when a healthcare provider fails in providing adequate treatment, resulting in harm to the patient.
- Labor law claims: These involve cases where an employer violates the rules set by labor laws, typically leading to unfair treatment of employees.
- Employment claims: These cases pertain to disputes between employers and employees regarding unfair dismissal, workplace discrimination, wage issues, etc.
- Other personal injury claims: This category includes several other situations where individuals are harmed due to others’ negligence or intentional actions.
We encourage plaintiffs to learn more by visiting these pages:
Am I Eligible for a Lawsuit Loan in South Dakota?
If you’re considering a lawsuit loan, it’s vital to understand the eligibility criteria. To qualify for a loan from LawsuitLoans.io, there are a few requirements you must meet.
First, you must have a valid legal claim. This means that you’re filing a lawsuit against an insurance company, self-insured company, or a large public entity. Our funding is designed to help plaintiffs who are waiting for their cases to resolve. These could be personal injury cases, workplace discrimination suits, malpractice claims, and many others.
Secondly, you must have an attorney representing your case. This helps us ensure that your case is legitimate and has a good chance of settling successfully.
Lastly, you must be at least 18 years old. As per law, minors cannot enter into financial agreements like lawsuit loans.
So if you’re in South Dakota and meet these criteria, do not hesitate to apply for a lawsuit loan today. It’s straightforward and quick, providing you with the financial help you need while your case is ongoing.
Get Started
Apply today and get funds in as little as 24 hours!
What Can I Use the Money From My Lawsuit Loan For?
If you’re a plaintiff who’s just gotten a lawsuit loan, you might be wondering how you can use those funds. With LawsuitLoans.io, the money you receive from your loan can be used for a variety of different personal needs.
One of the most common things people use this money for is living expenses. Whether it’s rent or mortgage, utility bills, groceries, transportation costs, and even child care expenses, lawsuit loans can help ease the burden of these necessary costs while you wait for your case to resolve.
Besides daily expenses, another significant way you can utilize your loan is for medical expenses. These could be expenses for treatments that are not covered by your insurance, costs for prescription medications, and even money for any therapy or rehabilitation services you may need due to your injury. The funds can offer an immediate financial remedy and ease the burden while dealing with your current situation.
The only thing you cannot use your lawsuit loan for is litigation or legal case expenses. Other than that restriction, the decision on where to use your funds lies in your hands. Remember, our goal at LawsuitLoans.io is to provide a funding solution that will help you stay financially stable while your case is being resolved.
South Dakota Pre-Settlement Funding FAQs
If you are a resident of South Dakota and planning to apply for pre-settlement funding, you likely have questions. We aim to provide the answers to some of your most pressing inquiries.
How much does it cost to get a lawsuit loan?
The cost of a lawsuit loan varies based on many factors, such as the amount you want to borrow and your case’s total valuation. For an exact answer, contact us at LawsuitLoans.io using our website or call us at (800) 340-4973.
Do I qualify for a lawsuit loan?
Eligibility for a lawsuit loan is primarily based on the merits of your legal case. If you have a valid personal injury or other legal claim and have hired an attorney, you may qualify for a lawsuit loan. However, each application is considered on a case-by-case basis. For reassurance about your specific circumstances, visit our application page.
How much funding can I get?
The amount of funding you can receive also depends on the specifics of your case. After reviewing the details of your legal claim, we can tailor an offer that fits within the scope and estimated value of your lawsuit. Again, for more particular information, please contact us directly.
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.
Cities we Service in South Dakota
LawsuitLoans.io provides funding throughout South Dakota. See more about our funding in South Dakota by visiting the city pages below:
Cases we Fund in South Dakota
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in South Dakota. Read more about the personal injury cases we fund in South Dakota here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in South Dakota here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in South Dakota?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in South Dakota.