North 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 North Dakota Lawsuit Loan Information
In North Dakota, lawsuit loans can provide a critical lifeline for plaintiffs waiting for their legal case to resolve. These funds allow individuals to cover living costs and other expenses while they focus on their legal fight. Here’s some key information about how these loans work in North Dakota:
Average loan amount by LawsuitLoans.io in North Dakota | $4,000.00 |
Largest loan by LawsuitLoans.io in North Dakota | $75,000.00 |
Average semi-annual rate in North Dakota | 20.0% |
Median personal injury verdict in North Dakota | $31,000.00 |
North Dakota statute of limitations | 6 Years; Title 28 Ch. 1 Section 28-01-16 |
North Dakota fault laws | North Dakota is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident. |
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 LawsuitLoons.io can range from $500 to over $1,000,000. The amount we can provide depends on your case. For ongoing cases, we can advance you up to a maximum of 25% of your expected share of the settlement. In cases that have already settled, we can offer up to 50% of your projected share of the settlement.
Let’s give an example. Suppose you’re a plaintiff in North Dakota, involved in a car accident with an estimated case value of $100,000. This case is still in progress and won’t settle for some time. Usually, medical providers get paid around 1/3 of the settlement while the attorney collects another 1/3. This leaves you, the plaintiff, with around $33,000. In this scenario, we could advance you around 25% of that amount, which equates to $8,250.
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.
Common Case Types We Fund in North Dakota
We cater our funding options to a range of different case types. Here are some of the most common ones:
Auto and Other Roadway Accidents
These cases typically involve injuries from vehicle-related accidents. This could include car crashes, motorcycle accidents, or even pedestrian incidents.
Premises Liability
This usually involves incidents where a property owner is responsible for an accident occurring on their premises. Slip and fall accidents are an example of this type of claim.
Medical Malpractice
This involves situations where a healthcare provider has not provided the standard level of care, resulting in harm to the patient. This could be due to misdiagnosis, mistreatment, or other forms of medical negligence.
Labor Law Claims
If a worker’s rights have been violated in the workplace, they can file a labor law claim. This could be due to unfair pay, unsafe work conditions, or discrimination.
Employment Claims
These cases involve situations where an employee’s rights have been violated, such as wrongful termination, harassment, or discrimination at work.
Other Personal Injury Claims
Any other case where an individual has been physically or emotionally injured due to someone else’s negligence falls under this category.
To learn more about these specifics case types and how we can assist with funding, visit our North Dakota Personal Injury Loans and North Dakota Car Accident Loans pages.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Lawsuit Loan in North Dakota?
Applying for a lawsuit loan in North Dakota is simpler than you may think. To be eligible for legal funding from LawsuitLoans.io, you need to meet a few key criteria.
First, you should have a valid and ongoing legal claim. This claim should be against an insurance company, a self-insured company, or a large public entity. You cannot apply for a lawsuit loan if you don’t have an active case that’s still to be resolved.
Second, you’re required to have an attorney representing your case. This is a crucial requirement since your attorney plays an essential role in the lawsuit loan process.
Lastly, you must be at least 18 years old. Underage individuals are not legally permitted to enter into a contract with a lawsuit loan provider in North Dakota.
In summary, meeting these three eligibility criteria – having a valid legal claim, representation from an attorney, and being at least 18, makes you a potential candidate for a lawsuit loan from LawsuitLoans.io.
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Apply today and get funds in as little as 24 hours!
What Can I Use the Money From My Lawsuit Loan For?
One of the main benefits of a lawsuit loan is the flexibility it offers. Once you receive your funds from LawsuitLoans.io, you are free to use them as you see fit.
Most commonly, plaintiffs utilize their lawsuit loan funds for everyday living expenses and medical costs. Life does not stop when legal proceedings begin, bills still need to be paid, groceries still need to be bought, and if you have medical needs related to your case, these too will demand attention and may even require immediate payment.
For instance, you can use your pre-settlement funds to cover your rent or mortgage, utilities, transportation costs, groceries, clothing and needed medical treatments. This financial support can provide some much-needed relief during what is often a stressful time.
However, it’s essential to note one primary restriction on how these funds may be used. Plaintiffs cannot utilize the lawsuit loan funds to pay for litigation or legal case expenses directly. That includes things like attorney fees or paying experts to testify. The purpose of a lawsuit loan is to help you meet your daily life and medical expenses while you wait for your legal case to resolve.
North Dakota Pre-Settlement Funding FAQs
If you’re a resident of North Dakota and are considering a lawsuit loan, you might have some questions. Here are the answers to some frequently asked questions.
How much does it cost to get a lawsuit loan?
The cost of a lawsuit loan can vary based on several factors, including the amount of money you need and the details of your case. The best way to get an accurate estimate is to contact LawsuitLoans.io at (800) 340-4973 or apply online at LawsuitLoans.io funding application.
Do I qualify for a lawsuit loan?
To be eligible for a lawsuit loan, you must have a valid legal claim and be represented by an attorney. If you have a personal injury claim or any other type of lawsuit in progress, contact us to discuss your options.
How much funding can I get?
The amount of pre-settlement funding you can receive depends on the specifics of your case. At LawsuitLoans.io, we can provide you with an estimate based on your unique circumstances.
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:
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.