Pre-Settlement Lawsuit Loans (Cash Advances) in Indiana

Lawsuit funding in Indiana is perfectly legal. That said, companies must follow regulations stipulated in the House Enrolled Act 112, which Noval Legal Funding makes sure to do. For instance, repayment of litigation funding is only required if the plaintiff wins their case—we already work on this basis, meaning our service is entirely risk-free.

It is also imperative that you inform us should you have already received funding for your case. This is because a repayment must be arranged on the lien before we can start assisting you.

Residents of Indiana have two years from the date of an injury to file a personal injury lawsuit under the state’s statute of limitations. If the injured party fails to do so in this time, they are unlikely to get their case heard and forfeit their right to compensation.

Indiana jurisdiction follows a comparative fault doctrine, which reduces compensation in accordance with the percentage a plaintiff is deemed to be at fault for their injuries. If, for example, you’re held to be 20% responsible, you’d lose 20% of your compensation. However, if a claimant is found to be 50% or more to blame for their injuries, they cannot collect any money.

Like some other states, Indiana has capped non-economic damages for medical malpractice cases. This currently caps damages at $1.8m for most cases, though judges have flouted these regulations in recent times to award higher damages. Indiana law also caps compensation paid by the government for any medical malpractice accident at $5m.

For dog attacks, the Ind. Code 15-20-1-3 makes dog owners strictly liable for injuries caused by their animal, regardless of the dog’s past behavior.

With regard to motorist accidents, Indiana follows a fault-based system. This means that the driver held responsible for a car accident is also responsible for any resulting harm, as far as their policy limits allow. An injured party can, therefore, proceed in one of three different ways. They can either file a claim using their own insurance, file a third-party claim directly using the responsible driver’s insurance, or file a personal injury lawsuit against them. Under this, drivers must have the following insurance coverage at all times:

• $25,000 for bodily injury or death of one person in an accident caused by the driver of the insured vehicle
• $50,000 for total bodily injury or death liability in an accident caused by the driver of the insured vehicle, and
• $25,000 for property damage per accident caused by the driver of the insured vehicle.

All drivers in Indiana must also have uninsured motorist coverage equivalent to the figures outlined above, as well as $50,000 in underinsured motorist coverage for bodily injuries.