North Dakota Government Vehicle 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 Government Vehicle Accident Loans in North Dakota?
A car accident loan, also known as a government vehicle accident loan, is a type of financial aid specifically designed for plaintiffs who have been injured in an incident involving a government-owned vehicle. This type of loan provides these individuals with the monetary support they need to take care of their living expenses, medical bills, and other related costs while they wait for a settlement from their lawsuit.
Here’s how it works: once an individual applies for a car accident loan and their application is approved, they receive funds from the lawsuit loan company upfront. This is not actually a loan in the typical sense. Rather, it is an advance on a possible future settlement funding from their legal case. The amount received is usually a percentage of the expected settlement value.
What makes a government vehicle accident loan unique is its non-recourse nature. This means that if the plaintiff’s legal case fails to result in a favorable settlement, they are under no obligation to pay back the advanced funds. It’s a risk-free solution for those feeling uncertain about their legal prospects or burdened with immediate expenses. With a car accident loan, plaintiffs can focus more on their recovery rather than worrying about finances.
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, specifically those processed by LawsuitLoans.io, are a unique financial option available to plaintiffs residing in North Dakota. The following table gives an overview of these loans, including average amounts and interest rates. Also included is relevant state-specific legal data like the median personal injury verdict, statute of limitations, and fault laws for car accidents.
| 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 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. |
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 Government Vehicle Accident Loan in North Dakota?
If you have been involved in a car accident with a government vehicle in North Dakota, you may be eligible for a loan. There are a few key eligibility criteria that you need to meet before you can apply for a government vehicle accident loan through LawsuitLoans.io.
Given that an accident claim involving a government vehicle usually deals with a self-insured or heavily insured entity, there are not many hurdles to clear. The primary requirements are that you should have hired an attorney on a contingency basis and you need to be at least 18 years old.
So, if you meet these core eligibility requirements, why wait? Visit our LawsuitLoans.io funding application to get started with your application today!
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Government Vehicle Accident Claims in North Dakota
When we talk about vehicle accidents, it’s not just private cars or commercial trucks. Sometimes, accidents involve government vehicles. Here are a few examples common in North Dakota:
Police Vehicles
Police cars are always on move, responding to emergencies and patrolling areas. Accidents can occur due to high speeds or sudden movements.
City Buses
Public transportation like city buses often circulate in dense, urban areas. This increases the risk of collisions with other vehicles or incidents involving pedestrians.
Fire Trucks
Like police cars, fire trucks often have to move quickly, navigating through heavy traffic. The urgent nature of their job can sometimes result in accidents.
School Buses
School buses are another major type of government vehicle often involved in accidents. These commonly occur during busy morning and afternoon school run periods.
Each case involving a government vehicle has its own complexities. It’s important to understand these factors when filing an accident claim.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Government Vehicle Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range anywhere from $500 to even more than $1,000,000. In terms of pre-settlement loans for cases still in progress, we can provide up to a maximum of 25% of your anticipated part of the settlement. Conversely, for cases that have already been decided upon, we are able to offer 50% of the expected segment of the settlement.
Let’s take an example: A plaintiff from North Dakota is involved in a car accident lawsuit with an estimated value at $300,000. The case is still ongoing and isn’t expected to settle anytime soon. It is quite common for medical providers to receive around a third of the settlement, likewise, the attorney also gets about a third. This leaves the plaintiff with approximately $100,000. According to our guidelines, LawsuitLoans.io could advance roughly 25% of that share, which sums up to $25,000.
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:
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 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:
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.