Delaware Legal Funding
Fast Pre-Settlement Loans in Delaware
Are you looking for lawsuit funding in Delaware?
If you have found yourself in an unforeseen legal battle, Nova Legal Funding can provide you with fast pre-settlement funding in Delaware. It is well known that some personal injury suits can drag on for far longer than necessary—years in some cases—until a settlement is reached.
Consequently, our settlement loans for Delaware residents can allow citizens of the First state to go about their lives unimpeded by the financial constraints which personal injury suits can bring about. From missed days at work for court appearances to any missed rent or bill payments, Nova Legal Funding can ensure that our clients will be able to cover any expenses while going through costly legal struggles.
Our loans are available at any point during the lawsuit, and will often be transferred to your account within 24 hours of your request being approved. Our no win no fee guarantee also ensures that you won’t be saddled with further debt if the verdict does not come down in your favour.
Delaware Lawsuit Funding Requirements
Applying for lawsuit funding in Delaware simply requires you to provide your name, phone number and the contact details of your attorney.
- No Credit Necessary – Our team do not require access to your credit history when you apply for legal funding with us.
- Hassle-Free Application – Nova Legal Funding handles most of your application in collaboration with your attorney.
- Risk-Free Cash – Our no win no fee policy means that you will only need to return your pre-settlement loan if you win your lawsuit.
Laws and Regulations of Lawsuit Funding in Delaware
Important Delaware Legal Information
|Avg. Funding per case from Nova Legal Funding||Nova can fund anywhere from $500 up to $2,500,000 depending on case value.|
|Fault Laws||Modified Comparative Fault
If defendant’s conduct was plain negligence, and plaintiff is more than 50% at fault, plaintiff cannot
recover. 1 Del. C. § 8132; Brittingham v. Layfield, 962 A.2d 916 (Del. 2008).
|Statute of Limitations||2 years Title 10, Ch. 81, Sec. 8119|
|Minimum policy limits for bodily injury & property damage||$25,000 bodily injury liability per person
$50,000 bodily injury liability per accident
$10,000 property damage liability per accident
|Minimum UIM auto insurance limits||Liability: 25/50/10
|Workers compensation eligibility||Eligible|
As with many other states, the legislation on legal funding in Delaware prevents companies from offering financial support for any cases related to workers compensation, as well as filed as a result of soft tissue injury. In the event that you have previously applied for funding elsewhere for your case, Delaware law states that a lien will be filed, so this will need to be paid off.
Delaware Personal Injury Law: How Does it Affect Legal Funding?
The statute of limitations in Delaware gives a claimant 2 years from the day of the accident to take the responsible party to court following any incident which injures the claimant. There is little flexibility when it comes to extending this deadline.
The state of Delaware complies with the modified comparative negligence rule, and sets the maximum bar at 51%. Put simply, this is defined as a peak rate for responsibility, so if the plaintiff is deemed equally or more responsible, and the court finds the defendant negligent in their actions, the plaintiff will be unable to claim any damages. The rate of damages decreases by a corresponding rising percentage of fault, with only those below 50% allowing a plaintiff to collect a settlement.
Unlike some other states, Delaware does not have a cap on how much compensation a plaintiff can claim for. This means that damages of both an economic and emotional nature can be requested in a Delaware personal injury lawsuit, with no limit to how much can be requested.
Regarding dog attacks, Delaware law differs from a number of states. Rather than institute the so-called “one bite” rule, which exempts an owner from responsibility for an individual dog bite if the animal displayed no prior dangerous behavior, the state has a strict liability statute. This means that in all circumstances where a dog attacks a human, the dog’s owner is “liable in damages for any injury, death or loss to person or property” caused by the dog. The only exception is if the dog was acting in self defence, and the person being attacked was either “teasing, tormenting or abusing the dog” or in the process of committing damages to the owner’s property or to another person.
Any claimant involved in a car accident in Delaware should know that the state follows the fault system. This means that the individual responsible for the accident is legally responsible for paying any monetary damages to others involved in a collision or accident within their policy limits.
Notable Personal Injury Lawyers in Delaware
Delaware has a huge number of experienced personal injury lawyers who can approach your case with expertise and skill:
William R. Stewart III Esq.
305 N Union St, Wilmington, DE 19805
Keith E. Donovan
850 New Burton Road #101b, Dover, DE 19904
16 Polly Drummond Hill Rd, #200, Newark, DE 19711
Erin Kay Brignola
30 Fox Hunt Dr, Bear, DE 19701
750 Shipyard Drive Suite 200, Wilmington, DE 19801
Delaware Car Accident and Fatality Statistics
Delaware has a relatively low rate of traffic fatalities compared with the rest of the country. The most recent figures recorded only 119 deaths from 112 fatal crashes in 2017. These were also evenly split between 51% single vehicle incidents and 49% involving multiple vehicles. The rate of road accidents and casualties has also decreased year-on-year since the start of the decade.
Nova Legal Funding provides lawsuit funding for drivers in Delaware who have been involved in all forms of traffic litigation. These are six of the most common:
- Pedestrian accident
- Car accident
- Tractor trailer accident (truck accident)
- Bus accident
- Bicycle accident
- Motorcycle accident
At Nova Legal Funding, we can offer our clients a fast payment of pre-settlement funding in Delaware, and can offer a free examination of your case before you sign anything.
Do I qualify for lawsuit funding in Delaware?
As a general rule, any personal injuries caused by another person or entity automatically qualify for lawsuit funding in Delaware. If your accident occurred within the state and you sustained significant injuries, you automatically qualify for a free and quick application.
Is it a lawsuit loan or cash advance?
Nova Legal Funding provides cash advances to plaintiffs. Although often referred to as a lawsuit loan, this type of funding is considered non-recourse. This means that if you lose your case, there is no requirement to pay back the money. We only collect if you win your case or obtain a settlement.
Does it matter how I spend the lawsuit funding?
There are no rules on how you spend a pre-settlement cash advance. Lawsuit funding is available to help those who need financial support during an ongoing personal lawsuit injury. Some of our clients in Delaware used their money to pay off debts, cover their mortgage or rent payments, afford medical bills or simply to help with daily living expenses.
Apply For Pre-Settlement Funding in Delaware Now
At Nova Legal Funding, we have the skills and experience to take charge of all lawsuit funding in Delaware. Our funding specialists are on hand 24/7 to serve personal injury plaintiffs. So don’t hesitate. Get in touch with our team today for a free case evaluation.