Maine Legal Funding

Fast Pre-Settlement Loans in Maine

Qualify in minutes

Repay $0 if you lose

Get cash in 24 hours

Low rate guaranteed

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Are you a resident of Maine currently awaiting a personal injury lawsuit?

Unfortunately, it is all too common for personal injury plaintiffs to experience financial hardship throughout their case. Often these lengthy legal battles can leave injured parties struggling to pay rent, bills, or expensive medical bills. However, Nova Legal Funding is on hand to provide customers with pre-settlement funding, giving customers the immediate financial support they need.

In the state of Maine, personal injury lawsuits tend to be particularly complex. The nature of these cases can leave plaintiffs waiting months or even years before they obtain a payout for their injuries. This is far from ideal for those facing financial struggles, which is why insurance companies often delay proceedings in the hope that plaintiffs will be forced to accept a reduced settlement.

It’s no surprise that so many personal injury plaintiffs look to lawsuit loans for help, but at Nova Legal Funding, we provide our Maine customers with a better alternative.

Our non-recourse cash advances only need to be repaid by clients who win their personal injury lawsuit or obtain a settlement. If you lose your case, you don’t need to repay the funding. This eliminates the risk of applying for lawsuit funding in Maine.

You can apply for a pre-settlement loan at any point during your lawsuit, and a member of the Nova Legal Funding team will transfer the funds within 24 hours.

Call us toll-free at (800) 760-0704 to speak with a friendly funding specialists today.

Maine Pre-Settlement Funding Requirements

Apply for legal funding in Maine by providing us with your name, phone number, and your attorney’s contact information.

No Credit Checks

No Nova Legal Funding specialists are required to examine your credit history.

Easy Application

Your part in the application process is very simple. Most of the application takes place between Nova Legal Funding and your attorney, ensuring you are free from any additional stress.

Funding Without Risk

Rest easy knowing that Nova Legal Funding asks for no payment from customers that lose their personal injury case.

Laws and Regulations of Pre-settlement Funding in Maine

Important Maine Legal Information

Avg. Funding per case from Nova Legal Funding n/a
Fault Laws Modified Comparative Fault – 50% Bar Damages attributed to defendants will be reduced by plaintiff’s negligence. 14 M.R.S.A. § 156.
Statute of Limitations 6 years Title 14,Part 2, Ch. 205, Sub. 1, Sec. 752
Minimum policy limits for bodily injury & property damage $50,000 bodily injury liability per person $100,000 bodily injury liability per accident $25,000 property damage liability per accident $2,000 medical payments coverage
Minimum UIM auto insurance limits Liability: 50/100/25 UM/UIM BI: 50/100 Medical payments: $2,000
Workers compensation eligibility Not Eligible

According to the Maine Consumer Credit Code Legal Funding Practices, all contracts must be written in a clear and coherent manner and detail all fees and repayments, giving the customer five business days from receiving funding to cancel the agreement. All contacts must also be accompanied by an acknowledgement from the client’s attorney, confirming they have reviewed the contract.

Maine requires all third-party funders to register with the state. Nova Legal Funding is an authorized organization able to provide plaintiffs in Maine with pre-settlement funding.

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What Our Clients Say

Our team funded $25M+ to thousands of accident victims nationwide!

Notable Personal Injury Lawyers in Maine

There are plenty of experienced personal injury lawyers in Maine ready to help you reach the settlement you deserve:

Peter Thompson
92 Exchange St, Portland, ME 04101

Steven J. Mogul
23 Water Street, Suite 400, Bangor, ME 04401

Walter McKee
133 State St, Augusta, ME 04330

Bill Hardy
186 Lisbon St, Lewiston, ME 04240

Timothy R. O’Donnell
112 Silver St, Waterville, ME 04901

Car Accident and Fatality Statistics in Maine

A total of 163 fatal auto crashes occurred in Maine in 2017, according to data obtained by the U.S. Department of Transportation’s Fatality Analysis Reporting System. These led to a total of 172 deaths that year—12.9 deaths per 100,000 population.

Approximately 37% of these fatalities were car occupants while 49% of fatal accidents involved multiple vehicles. The findings also revealed that 78% of deadly crashes occurred in rural locations, while the remainder took place in urban settings.

Nova Legal Funding offers pre-settlement funding for drivers in Maine involved in traffic cases regarding:

For more information on our lawsuit funding in Maine, contact a member of our friendly team today for a free case evaluation.

Ready to get started? We’ve got your back.

Maine Lawsuit Funding FAQs

Generally, anyone involved in an accident in Maine is eligible. If you sustained an injury in the state resulting from the actions of another person or entity, you automatically qualify for a free and speedy pre-settlement funding application.

Though we refer to the funding as lawsuit loan, we actually provide customers with a cash advance against their eventual case settlement. Importantly, this is a non-recourse cash advance, meaning plaintiffs will only have to pay us back if they successfully win their case and obtain a settlement.

As there are no restrictions in place in terms of spending, Nova Legal Funding customers are able to spend their lawsuit funding however they please. Though they are not limited, past customers have chosen to use the cash advance to pay off debts, cover their mortgage, and handle overall living expenses.

Apply For Lawsuit Funding in Maine Now

At Nova Legal Funding, we are committed to supporting all customers financially within 24 hours upon receiving their application. Contact the team today to start your pre-settlement funding application in Maine.

Call us toll-free at (213) 340-5082 to speak with a friendly funding specialists today.

Apply Online

Cases We Fund

Nova’s rates are as low as 1-3%. Our mission is to have some of the lowest rates in the industry. We’ll match or beat anyone’s rate.

Ready to get started? We’ve got your back.