Short on cash as you await a lawsuit settlement in New Jersey?

You are not alone. Nova Legal Funding provides lawsuit funding in NJ for anyone engaged in an unexpected legal struggle.

We offer fast pre-settlement cash advances for plaintiffs in New Jersey, allowing them to carry on with their lives in the face of any personal injury suit, which can be prolonged for years before any compensation is agreed upon.

Apply for a lawsuit loan online or call us anytime, 24/7 at 800-760-0704. Our team will address all of your concerns, and help you get approved for a lawsuit loan against your New Jersey lawsuit.

We understand that extended litigation can be a major drain on your time and finances, particularly if you need to take time off from work to appear in court. This might mean that you lose a portion of your salary, leaving you unable to pay bills, rent or mortgage, and your general cost of living. Insurance companies are all too aware of this and often drag out the process to encourage clients to take a lower fee for their injuries.

Nova Legal Funding offers a superior alternative to lawsuit loans as our cash advances are considered non-recourse. We offer a no win no fee guarantee, meaning New Jersey personal injury plaintiffs are not required to pay anything back if they lose their case.

You can apply for legal funding with us at any point during your lawsuit, with cash available in as little as 24 hours after application.

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

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

Laws and Regulations of Lawsuit Funding in New Jersey

Important New Jersey Legal Information

Avg. Funding per case from Nova Legal Funding$12,680 Nova can fund anywhere from $500 up to $2,500,000 depending on case value.
Fault LawsModified Comparative Fault – 51% Bar If the plaintiff’s negligence is not greater than that of the defendant, the plaintiff can recover but will find his damages proportionately reduced. N.J.S.A. § 2A:15-5.1.
Statute of Limitations2 years Title 2A, Ch. 14, Sec. 2A:14-2
Minimum policy limits for bodily injury & property damageBasic policy: $10,000 total limit for bodily injury per accident $5,000 property damage liability per accident Standard policy: $15,000 bodily injury liability per person $30,000 bodily injury liability per accident $5,000 property damage liability per accident
Minimum UIM auto insurance limitsLiability: 15/30/5 (standard policy) UM/UIM BI: 15/30 UMPD: $5,000 PIP: $15,000
Workers compensation eligibilityNot Eligible

According to state legislation, settlement loans in New Jersey cannot cover workers’ compensation cases, nor any supplementary funding for cases which exclusively related to soft tissue injuries. You are also ineligible to receive a pre-settlement loan from Nova Legal Funding if you have previously applied elsewhere for financial support to help with the same case.

It is important to note that your attorney-client privilege may be impacted, as a result of information you may need to share with Nova Legal Funding as part of your loan application.

New Jersey Personal Injury Laws: How Does It Impact Legal Funding?

According to the New Jersey statute of limitations, a claimant has two years after an incident that leads to an injury to take the responsible party to court. This regulation is relatively inflexible and, barring any significant exception, it is unlikely that your case will be heard beyond this period.

Personal injury cases in the state of New Jersey are bound to the rule of modified comparative negligence, with a bar of 51%. This means that, in situations where the plaintiff is found to be as—or more—responsible for the incident which led to the injury in question, they will not be able to recover any damages. The less culpable a plaintiff is found, the greater the settlement they are likely to be rewarded by the court in the event of winning the case.

New Jersey personal injury lawsuits are not broadly given a capped level of compensation. However, the New Jersey Revised Statutes section 2A:15-5.14 specifies that punitive damages must not exceed whichever is greater between $350,000 or 500% of any compensatory damages awarded.

One piece of legislation specific to the Garden State is its statute on dog attacks. In most states, owners are not legally culpable for any isolated or first-time incidents that their pet bites another human. In New Jersey, however, the Revised Statutes section 4:19-16 renders a dog owner “strictly liable” for any harm caused by their pet to another party, whether or not that dog had ever previously behaved harmfully to others.

In the case of car accidents, New Jersey follows a system known as “choice no-fault”. This means that, when purchasing car insurance, a driver has the choice between including fault or no-fault clauses, the latter of which is most common as part of a basic policy, or standard policy with limited right to sue.

A no-fault insurance policy entitles an injury claimant to make their claim via their own personal injury protection (PIP) coverage within the policy. PIP will consequently cover the majority of losses, excluding any emotional damages. Those with a no-fault policy can only sue an at-fault driver in the event of serious injuries, such as a displaced fracture, scarring, and disfigurement, or dismemberment.

Notable Personal Injury Lawyers in New Jersey

New Jersey has a huge number of experienced personal injury lawyers who can approach your case with expertise and skill:

Robert J. DeGroot
60 Park Pl Suite 105, Newark, NJ 07102

Peter Briskin
22-01 Broadway, Fair Lawn, NJ 07410

Howard Leopold
3 University Plaza Dr, #410, Hackensack, NJ 07601

Martin L. Mintz
3 University Plaza Dr, #410, Hackensack, NJ 07601

Richard J. Levinson
2 Lincoln Highway, Edison, NJ 08820

New Jersey Car Accident and Fatality Statistics

With Interstate 95 running through much of the state—including the famed New Jersey Turnpike—there is a constant influx of traffic which can all too frequently lead to car accidents. The most recent reports account for traffic incidents in 2017, and make for sobering reading, as fatalities have increased year on year since 2013.

The New Jersey Department of Transportation recorded a total of 270,231 crashes in the state during 2017, resulting in 61,753 total injuries. The Insurance Institute for Highway Safety reported 591 fatal crashes resulting in 624 deaths in New Jersey that year—a 3,7% rise on the previous year, compared with the 1.8% nationwide decrease. A staggering 253 of these fatalities befell drunk drivers.

Nova Legal Funding offers pre-settlement funding for New Jersey drivers who have been involved in traffic cases. These are six of the most common:

No matter the incident, we provide a quick turnaround on any settlement loans in New Jersey. Contact us today, and we’ll examine your case for free.

New Jersey Lawsuit Funding FAQs

How do I know if I qualify for lawsuit funding in New Jersey?

Any personal injuries caused by another person or entity automatically qualify for lawsuit funding. As a general rule, if your accident occurred within New Jersey and you sustained significant injuries, you automatically qualify for a free and quick application.

Is it a lawsuit loan or cash advance?

Although often referred to as a lawsuit loan, the funding is actually an advance against your eventual lawsuit settlement. Importantly, the cash advance 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?

Lawsuit funding is available to help those who need financial support during an ongoing personal lawsuit injury. However, there is no restriction on how you spend your lawsuit cash advance. Some of our plaintiffs in New Jersey 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 Lawsuit Funding in New Jersey Now

At Nova Legal Funding, we have the skills and experience to take charge of all lawsuit funding in New Jersey. Our funding specialists are on hand 24/7 to serve personal injury plaintiffs. Get in touch with our team today for a free case evaluation, and for more information about the benefits of a New Jersey lawsuit loan.

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