Minnesota Slip and Fall 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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Minnesota Personal Injury Lawsuit Loan Information
If you are an individual in Minnesota dealing with a personal injury lawsuit, you may need additional financial support. One way to meet your needs is by applying for a personal injury loan from LawsuitLoans.io. Here is some key data about personal injury lawsuit loans in Minnesota:
Average premises liability funding by LawsuitLoans.io in Minnesota | $1,998.75 |
Largest premises liability loan by LawsuitLoans.io in Minnesota | $1,998.75 |
LawsuitLoans.io average semi-annual rate for premises liability lawsuit loans in Minnesota | 25.0% |
Median personal injury verdict in Minnesota | $30,000.00 |
2020 fall deaths in Minnesota | 1272 |
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.
Am I Eligible for a Slip and Fall Lawsuit Loan in Minnesota?
If you’ve suffered a personal injury such as a slip and fall, you might be wondering whether you fit the bill to get a lawsuit loan. In Minnesota, there are specific criteria to meet to be eligible for this kind of financial assistance.
First and foremost, to be eligible for a personal injury loan, you must have a valid legal claim. This means that you must have a recognized legal issue against an insurance company, self-insured company, or a large public entity. This implies that someone else was at fault for your injury and that entity is financially accountable.
Secondly, having an attorney to represent your case is a requirement. The reason for having a lawyer is they can provide sound legal advice and have the capacity to negotiate your case effectively. It builds your case’s credibility and makes it easier for pre-settlement funding companies like LawsuitLoans.io to process your application.
Lastly, you need to be at least 18 years old as this is the legal age to enter into a contract in Minnesota. This ensures that any agreement you enter will be legally binding.
In summary, if you are over 18, have a valid injury claim against an insured entity, and you are working with a legal professional, you could be eligible for a slip and fall lawsuit loan in Minnesota.
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.
How Much Money Can I Get From my Slip and Fall Lawsuit Loan?
Lawsuit loans on slip and fall claims from LawsuitLoans.io can range from $500 to over $1,000,000. We are capable of advancing up to a maximum of 25% of your expected share of the settlement if your case is ongoing. For cases where personal injury settlements have already been decided, we can offer 50% of your expected share of the money awarded.
Let’s consider a situation in Minnesota. Suppose a plaintiff is pursuing a slip and fall claim with an estimated value of $250,000. The person is still receiving treatment for their injuries, and the lawsuit might need another year to conclude. Typically, medical providers receive around one-third of the settlement amount, and another third goes to the attorney. This would leave the plaintiff with an estimate of $80,000.
In such a case, LawsuitLoans.io can advance around 25% of that amount, which equals to about $20,000.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
How Can I Use the Money From my Slip and Fall Lawsuit Loan in Minnesota?
After you’ve received a lawsuit loan, it’s important to know how to effectively use these funds. Typically, plaintiffs use the money from lawsuit loans for living and medical expenses that might pile up while waiting for a case to settle. Unlike other forms of loans, there are minimal restrictions with lawsuit loans.
Living expenses that you can cover using the funds include your rent or mortgage, utilities, groceries, and car payments. The reality is, life doesn’t stop when you’re involved in a lawsuit and having funds to cover basic needs is crucial. These loans can help take the financial burden off your shoulders, allowing you to focus on your recovery and legal battle.
This loan also comes in handy for covering medical bills related to your slip and fall accident. Treatments, medication, therapy, and medical equipment could all be covered. This means, you’ll not be overwhelmed by healthcare costs as you await settlement.
However, one restriction to be aware of is that you cannot use the funds to pay for litigation or legal case expenses directly. These loans are designed to help bridge the gap between an incident and a settlement payout, providing relief for urgent personal costs, rather than funding the legal proceedings.
Get Started
Apply today and get funds in as little as 24 hours!
Why Choose LawsuitLoans.io for Legal Funding on Slip and Fall Claims
When you face a legal claim due to a slip and fall incident, there emerges a need for a reliable and trustworthy funding partner. LawsuitLoans.io is that partner. We offer comprehensive pre-settlement financing solutions to assist you during the trial.
Here are some of the reasons why you should choose LawsuitLoans.io:
- Low, Simple Rates: We pride ourselves on our transparency in dealings. With us, you get access to low, simple rates starting at just 2.5% per month. This affordability ensures that your financial burden does not add to your stress.
- Fast Approval: In times of crisis, time means everything. At LawsuitLoans.io, we understand this. Hence, we ensure fast approval, offering appraisal as soon as the same day in some cases. This way, you can count on us when you need it the most.
- Capped Repayment Terms: We do not believe in indefinite liabilities. Our repayment terms are capped, meaning interest stops accruing after a certain date, ensuring your debts don’t pile up uncontrollably.
- Client-First Approach: We prioritize our clients’ needs above all else. Our empathetic, client-first approach to legal funding allows us to customize solutions to suit your individual circumstances. In doing so, we aim to contribute positively to your litigation process.
Explore our convenient and swift funding options now by visiting LawsuitLoans.io or contacting us at (800) 340-4973. For a quick and easy funding application, click here.
Cities we Service in Minnesota
LawsuitLoans.io provides funding throughout Minnesota. See more about our funding in Minnesota by visiting the city pages below:
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.
Other Cases we Fund in Minnesota
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Minnesota. Read more about the personal injury cases we fund in Minnesota here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Minnesota here: