New Mexico 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
Apply in Seconds
New Mexico Personal Injury Lawsuit Loan Information
If you’re a plaintiff in a personal injury lawsuit in New Mexico, LawsuitLoans.io can provide funds while you wait for your legal case to resolve. Here is some key data about personal injury loans in this state:
Average premises liability funding by LawsuitLoans.io in New Mexico | Not enough data available |
Largest premises liability loan by LawsuitLoans.io in New Mexico | Not enough data available |
LawsuitLoans.io average semi-annual rate for premises liability lawsuit loans in New Mexico | Not enough data available |
Median personal injury verdict in New Mexico | $31,000.00 |
2020 fall deaths in New Mexico | 366 |
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 New Mexico?
Acquiring a lawsuit loan in New Mexico depends on certain key criteria. Firstly, you must have a valid legal claim against an insurance company, self-insured company, or a large public entity relating to personal injury. This implies that your claim should be connected to any form of harm or injury caused to you due to the negligence or intentional act of another party.
Furthermore, you must also engage the services of an attorney. This is crucial because your lawyer plays an instrumental role in the process, communicating with the lawsuit funding company and providing necessary documentation that helps enable the decision-making process.
Finally, you must be of legal age. That means you should be 18 years or older. This condition is set because disbursements to minors could be complicated, and it protects the firm from any potential issues that could arise.
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 from LawsuitLoans.io can help people in need. These can range from $500 – $1,000,000+. We can advance up to 25% of your expected share of the settlement if your case is still not settled. If your personal injury case is settled, we can offer 50% of your expected share of the settlement.
Let’s consider an example where a plaintiff from New Mexico is pursuing a slip and fall claim. The estimated value of their claim is $250,000. They are still receiving treatment for their injuries and it might take another year to resolve the case.
As a basic rule, medical service providers receive about one-third of any settlement, and the attorney takes another third. This means the plaintiff could receive around $80,000. In this scenario, we can advance about 25% of that amount, which amounts to $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 New Mexico?
Are you wondering about the various ways to utilize lawsuit loan proceeds? Rest assured, the money you receive as part of your slip and fall lawsuit loan in New Mexico can be used for several needs during this challenging period.
Majorly, plaintiffs utilize these funds to cover essential living expenses. This includes, but is not limited to, paying for rent or mortgage, buying groceries, settling utility bills, car payments, and even school fees for children. These are normal expenses you would have met comfortably if not for the financial drain caused by the unexpected legal situation.
Indeed, medical expenses are another common use for such funds. This is particularly applicable if your slip and fall incident resulted in substantial injuries requiring ongoing medical care and treatments. You can use this money for physical therapy, medications, doctor visits and regular check-ups, surgeries, and even psychological counseling necessitated by your ordeal.
However, there’s one specific aspect that these funds should not be allocated for—your litigation or legal case costs. Remember, lawsuit loans are meant to help you survive financially while waiting for the resolution of your case, not finance the very lawsuit that’s pending. Your attorney should handle legal expenses via other financial arrangements made between you.
In summary, a lawsuit loan can be a lifeline during a trying time, offering you financial sustenance when you need it most. It gives you considerable flexibility in managing your finances without succumbing to the pressure of settling your claims prematurely due to financial strain.
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
Selecting the right funding partner for your legal claims is crucial. LawsuitLoans.io offers several advantages that distinguish our services.
- Low, Simple Rates: Our rates begin at just 2.5% per month. This means you can manage the cost of your lawsuit effectively.
- Fast Approval: We understand waiting can be hard. Therefore, we endeavor to approve applications as swiftly as possible—sometimes within the same day of application submission.
- Capped Repayment Terms: We believe in fair play. To protect our clients from unforeseen financial burdens, we cap our repayment terms. The interest on your funding stops accruing after a certain date, ensuring manageable repayments.
- Client-First Approach: At LawsuitLoans.io, we prioritize our clients and strive to provide personalized and compassionate service throughout the process.
For more information or to apply, visit LawsuitLoans.io, or call us toll-free at (800) 340-4973. You can also find our funding application at LawsuitLoans.io Funding Application.
Cities we Service in New Mexico
LawsuitLoans.io provides funding throughout New Mexico. See more about our funding in New Mexico 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 New Mexico
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in New Mexico. Read more about the personal injury cases we fund in New Mexico 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 New Mexico here: