Pre-Settlement Lawsuit Loans (Cash Advances) in Minnesota

At Nova Legal Funding we supply pre-settlement cash advances for plaintiffs throughout Minnesota. Maximize your eventual settlement amount by giving your attorney more time to work for the highest value.

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Are you in need of funds to make ends meet while you wait for your Minnesota lawsuit settlement?

You are in good company. Lengthy legal battles in the state of Minnesota often leave plaintiffs struggling financially, unable to afford medical bills, mortgage payments, and other living expenses.

At Nova Legal Funding, we’re here to provide immediate financial support within 24 hours. We encourage you to apply for lawsuit funding online or call us anytime, 24/7 at (800) 760-0704. There is no obligation or risk. Our expert team will address all of your questions, and help you get approved for a cash advance against your Minnesota lawsuit.

MINNESOTA pre settlement lawsuit loans

The complex nature of personal injury lawsuits means that it can take months, or even years, before you receive any compensation for your injury. Unfortunately, insurance companies are all too aware of this and will, therefore, use stalling tactics to delay the process as much as possible. This can force you to accept a lower settlement than you could be owed, in order to end the lawsuit sooner rather than later and ease any financial strain.

Many plaintiffs with a personal injury lawsuit pending in Minnesota rely on pre-settlement funding in order to cover living expenses during the case duration.

Nova Legal Funding provides a superior alternative to lawsuit loans, as our cash advances are wholly non-recourse. Minnesota personal injury plaintiffs are not required to pay anything back in the event that they lose the case, which means applying for lawsuit funding is risk-free.

You can start the pre-settlement funding with Nova Legal Funding at any time during your lawsuit. Our financial experts are on hand to provide fast and simple pre-settlement loans, giving you the space to negotiate your settlement with your attorney.

Want to learn more about how lawsuit loans in Minnesota work? We encourage you to watch the short video below for a explanation of the process:


Want more to know more before you contact us? We invite you to browse these additional resources:

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

Minnesota Pre-Settlement Funding Requirements

To apply for pre-settlement loans in Minnesota, all you need is your name and the contact information for both you and your attorney.

No Credit Necessary

Your credit history will not be inspected by a Nova Legal Funding specialist.

Hassle-Free Application

The bulk of your application process will take place between Nova Legal Funding and your attorney.

Risk-Free Cash

You are only required to pay back the funds if you win a settlement. If you lose the lawsuit, you will owe nothing to Nova Legal Funding.

Laws and Regulations of Lawsuit Funding in Minnesota

Important Minnesota Legal Information

Avg. Funding per case from Nova Legal Funding $5,000 Nova can fund anywhere from $500 up to $2,500,000 depending on case value.
Fault Laws Modified Comparative Fault – 51% Bar Defendant’s liability will be reduced in proportion to plaintiff’s fault, as long as plaintiff’s fault is less than defendant’s fault. If plaintiff is 50% at fault, and there are multiple defendants, each less than 50% liable, plaintiff is barred from recovery. M.S.A. § 604.01(1).
Statute of Limitations 2 years Ch. 541, Sec 541.05, 541.07
Minimum policy limits for bodily injury & property damage $30,000 bodily injury liability per person $60,000 bodily injury liability per accident $10,000 property damage liability per accident $25,000 uninsured/underinsured motorist coverage per person $50,000 uninsured/underinsured motorist coverage per accident $40,000 personal injury protection
Minimum UIM auto insurance limits Liability: 30/60/10 UM/UIM BI: 25/50 PIP: $40,000
Workers compensation eligibility Not Eligible

Workers compensation cases are not eligible for lawsuit funding in Minnesota, as employees must have workers compensation insurance. In the event that a plaintiff is injured on the job, this insurance will pay for the compensation owed by the business. However, in cases where the employer does not have this insurance, they must pay a $1,000 fine per employee for each week the business operated without insurance.

If a plaintiff is owed compensation from an employer without insurance, the Minnesota Special Compensation Fund may pay the benefits instead, ensuring they are not left out of pocket.

You will be ineligible for a pre-settlement loan from Nova Legal Funding if you have applied for a loan elsewhere for the same case.

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What Our Clients Say

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

Notable Personal Injury Lawyers in Minnesota

There are a number of experienced personal injury lawyers based in Minnesota who would be delighted to take on your case:

Fay & Associates, LLC
619 S 10th St, Minneapolis, MN 55404

Sand Law, LLC
332 Minnesota St, Ste W2402, Saint Paul, MN 55101

Suk Law Firm
5 E Center St #200, Rochester, MN 55904

SiebenCarey Personal Injury Law
11 E Superior St #240, Duluth, MN 55802

J D Haas and Associates, PLLC
9801 Dunpont Ave S #430, Bloomington, MN 55431

Schneider, Baudler & Abbott, PC
8525 Edinbrook Crossing #208, Brooklyn Park, MN 55443

Dovolas & Vande Vegte Attorneys at Law
12800 Industrial Park Blvd, Plymouth, MN 55441

Car Accident and Fatality Statistics in Minnesota

The most recent car accident statistics currently available for Minnesota show that in 2017, there were 78,465 traffic crashes reported to the Minnesota Department of Public Safety. Of these crashes, 145,168 motor vehicles and 175,115 people were involved, causing 358 fatalities and 29,412 injuries. This brought an estimated cost of $1,799,084,000 to the state.

On average, there were 215 crashes, 1 death, and 81 injuries in Minnesota, costing an average of $4,928,997 to the state.

Here at Nova Legal Funding, we offer pre-settlement loans for residents of Minnesota to help ease any financial strain of being involved in a car accident case. The most common cases we cover are:

We have the skills and experience to take on the lawsuit funding of your personal injury case in Minnesota. Get in touch with our team for a free evaluation of your case and to find out more about the benefits of a Minnesota lawsuit loan.

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

Minnesota Lawsuit Funding FAQs

Personal injuries caused by another party automatically qualify for lawsuit funding. In general, if the accident occurred within Minnesota and you sustained significant injuries, you qualify for a quick and free application.

While it is often referred to as a lawsuit loan, the funding we provide at Nova Legal Funding is actually an advance against the lawsuit settlement you will eventually be granted. This is considered to be non-recourse, which means that if you lose the case, you are under no obligation to pay back the loan. We only collect repayment if you win the case or obtain a settlement.

We provide pre-settlement funding to those who need financial support during a personal injury lawsuit. However, there are no rules on how this cash advance should be spent. Our plaintiffs in Minnesota may use the money to pay off debts, cover the payments of their rent or mortgage, afford medical bills, or simply use the money for daily living expenditure.

Apply For Lawsuit Funding in Minnesota Now

At Nova Legal Funding, we have the skills and experience to take charge of pre-settlement funding in Minnesota. Our funding specialists are available 24/7 to serve plaintiffs who are facing a personal injury lawsuit. Get in touch with our team today for a free case evaluation, and for more information about the benefits of a Minnesota lawsuit loan.

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

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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.