North Dakota Pedestrian Accident 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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What Are Pedestrian Accident Loans in North Dakota
Pedestrian accident loans in North Dakota are a specific type of funding geared towards plaintiffs who are part of an ongoing personal injury lawsuit. These individuals have been victims of traffic accidents as pedestrians. While waiting for their case resolution, these plaintiffs can apply for and receive financial aid from companies like LawsuitLoans.io.
Essentially, a pedestrian accident loan is not a true loan. In reality, it’s an advance on a potential settlement that the plaintiff might receive at the conclusion of their court case. This type of funding is usually non-recourse. This means if a plaintiff doesn’t win their case, they don’t have to pay back the funds. It provides those injured in accidents with the means to cover expenses such as medical bills, rent, utilities, and more. The amount advanced depends on the specifics of the case.
The pedestrian accident loan application process at LawsuitLoans.io is simple and straightforward. After applying, our funding specialists will review your case details. Once approved, the advance can be used without restrictions until case resolution.
To obtain a pedestrian accident loan in North Dakota, visit LawsuitLoans.io funding application or call us at (800) 340-4973.
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.
Key Information About Car Accident Loans in North Dakota
Car accident loans prove to be valuable financial aids for individuals waiting for their legal settlements in North Dakota. Though we do not have sufficient data available for certain specifics regarding car accident loans provided by LawsuitLoans.io, basic state-related details are displayed in the following table for your understanding:
| Average car accident loan amount by LawsuitLoans.io in North Dakota | Not enough data available |
| Largest car accident loan by LawsuitLoans.io in North Dakota | Not enough data available |
| Average interest rate in North Dakota | Not enough data available |
| Median personal injury verdict in North Dakota | $31,000.00 |
| North Dakota’s statute of limitations | 6 Years; Title 28 Ch. 1 Section 28-01-16 |
| North Dakota’s fault laws | North Dakota is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident. |
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.
Am I Eligible for a Pedestrian Accident Loan in North Dakota?
Understanding if you meet the criteria for a pedestrian accident loan in North Dakota is crucial. The main conditions for eligibility are quite clear. First, you should have a legitimate legal claim. This might usually involve an insurance company or a self-insured company. Second, you should be engaged with an attorney who is working under a contingency setup. Lastly, you need to be at least 18 years old.
If these basic criteria are met, you are on the right track to qualify for a pedestrian accident lawsuit loan. Remember, these loans exist to assist individuals who might be facing financial strain while they wait for their legal cases to conclude.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Pedestrian Accident Claims in North Dakota
In North Dakota, pedestrian accidents can occur in various forms. Some common examples include:
- Car accidents where a driver hits a pedestrian crossing the street or walking on the sidewalk.
- Bicycle collisions involving a pedestrian who may be walking on a bike path or crossing.
- Motorcycle accidents which can result in severe injuries to pedestrians.
- Commercial truck accidents that involve large vehicles striking individuals on foot.
These incidents often occur due to impaired driving, distracted driving, speeding, and failure to yield right-of-way to pedestrians and other factors. Irrespective of how they occur, these accidents can cause severe damage, both physically and emotionally to the victims.
North Dakota follows a ‘fault’ system when it comes to determining who is responsible for paying damages in an accident. This means that the party who caused the accident is held financially responsible. As such, if a pedestrian is hit by a vehicle, and the driver is at fault, the driver (or their insurance company) would typically be required to pay for the pedestrian’s damages.
However, North Dakota’s modified comparative negligence law could potentially affect a pedestrian’s chance of recovering damages. The law states that if a plaintiff is found to be 50% or more at fault for the accident, they can’t recover any damages. Consequently, if the pedestrian was partly at fault – for instance, they were crossing the street against the light or outside a crosswalk – this could impact their chances of success in their lawsuit.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Pedestrian Accident Pre-settlement Loan?
When you apply for a lawsuit loan from LawsuitLoans.io, the amount you can receive can range widely. It can be as little as $500 or as much as a million dollars, $1,000,000+. We take into account the estimated sum of the settlement you are expecting from your case.
If your case is still ongoing, we can advance up to 25% of your expected part of the settlement. However, if your case has settled, we can offer you up to half, or 50%, of your expected portion of the settlement. This means that our loan offers are flexible depending on the specific situation that surrounds your case.
To give you a practical example, let’s consider a plaintiff in North Dakota. He’s involved in a pedestrian accident case with an estimated value of $300,000. The legal proceedings are still underway and the case will not be settling anytime soon. Here’s how it would work:
The medical providers are typically paid around one third, or 1/3, of the settlement amount. In this case, that would be $100,000.
The attorney handling the case receives another 1/3 of the settlement. That comes out to another $100,000.
Consequently, the plaintiff is entitled to the remaining $100,000 from the settlement.
Given these facts, we at LawsuitLoans.io can advance approximately 25% of the plaintiff’s portion. That works out to a pre-settlement loan amount of $25,000. As a company committed to supporting plaintiffs through their legal battles, we provide flexible solutions that are designed to meet your needs.
Roadway Accident Cases we Fund in North Dakota
We provide funding for almost any type of roadway accident in North Dakota. If you’re involved in a lawsuit due to a traffic incident, consider one of our loan options:
- Bicycle Accident Loans: Providing financial assistance to bicycle accident victims while awaiting their court settlement.
- Car Accident Loans: We offer funds to car accident plaintiffs to keep them financially secure during the legal process.
- Commercial Vehicle Accident Loans: We help victims of commercial vehicle accidents by providing early settlement funding.
- Government Vehicle Accident Loans: We offer assistance to plaintiffs of government vehicle accidents during the pending litigation period.
- Motorcycle Accident Loans: If you’re injured due to a motorcycle accident, we can help cover your expenses while your case is resolved.
- Pedestrian Accident Loans: We support victims of pedestrian accidents with the financial help they need during their legal claim.
- Rideshare Accident Loans: Offering pre-settlement funding for those injured in accidents involving rideshare vehicles.
- Semi-Truck Accident Loans: We provide funding options to individuals involved in semi-truck accidents while they await their settlement.
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 North Dakota
LawsuitLoans.io provides funding throughout North Dakota. See more about our funding in North Dakota by visiting the city pages below:
Other Cases we Fund in North Dakota
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in North Dakota. Read more about the personal injury cases we fund in North 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 North Dakota here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in North 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 North Dakota.