North Carolina Legal Funding

Fast Pre-Settlement Loans in North Carolina

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Are you a resident of North Carolina currently facing a personal injury lawsuit?

Many personal injury plaintiffs in North Carolina struggle financially due to the long and complex nature of these cases. At Nova Legal Funding, we offer pre-settlement funding arrangements, providing our clients with immediate financial support.

The majority of injured parties in North Carolina will seek a pre-settlement loan. Suffering from a personal injury can prevent a plaintiff from attending work, which can lessen their wages. Financial legal costs, medical bills, and everyday living costs take up most, if not more, of an average income. Insurance companies are known to play on this and delay proceedings even further, in the hope that financial hardship will force plaintiffs into accepting a lower settlement than they deserve.

At Nova Legal Funding, our assistance gives you and your attorney that space to negotiate the best possible settlement. Our non-recourse cash advances are risk-free for North Carolina plaintiffs. We can get the money within your hands within 24 hours of approval of your application. Get in touch with our team at any time during your lawsuit for quick and easy funding.

North Carolina Lawsuit Loan Requirements

You can begin your application for lawsuit funding in North Carolina by providing your name, phone number, and your attorney’s contact information.

  • No Credit Check – Your credit history will not be inspected by a Nova Legal Funding specialist.
  • Hassle-Free ApplicationMost of your application process takes place between Nova Legal Funding and your attorney.
  • Risk-Free Funding – Our customers are not obliged to repay the funds if they lose their lawsuit.

Laws and Regulations of Pre-Settlement Funding in North Carolina

Important North Carolina 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 Pure Contributory
Plaintiff may not recover if his negligence proximately caused his injury. Smith v. Fiber Controls Corp., 268
S.E.2d 504 (N.C. 1980); N.C.G.S.A. § 99B-4(3) (Product Liability).
Statute of Limitations 3 years Title 1, Section 1-52
Minimum policy limits for bodily injury & property damage $30,000 bodily injury liability per person
$60,000 bodily injury liability per accident
$25,000 property damage liability per accident
Minimum UIM auto insurance limits Liability: 30/60/25
UM BI: 30/60
UMPD: $25,000
Workers compensation eligibility Not Eligible

Pre-settlement funding is legal in North Carolina, with the State Bar insisting that an attorney must believe any agreement to be in the client’s best interest, and will not receive any compensation of their own.

Lenders must be licensed to loan money, clearly lay out the terms in all contracts, and respect permissible interest rates.

North Carolina Personal Injury Law: How Does it Affect Legal Funding?

Under North Carolina’s statute of limitations, personal injury plaintiffs have 3 years in which they may file a claim against those responsible in court. It is unlikely an injured party will be eligible for any compensation if they attempt to begin a lawsuit after this period.

North Carolina organizes compensation based on the pure contributory negligence system. This takes the plaintiff’s role in their own injury into account, and can significantly impact how much money they receive in the final payout. For instance, if the courts believe the plaintiff is 40% responsible for their injury, they will then lose 40% of the total compensation. If they are said to be 50% or more at fault, they will receive no payout whatsoever. This system applies to every party involved in an accident, e.g. a person 60% responsible for causing the plaintiff’s injury will pay 60% of the damages.

There are no damage caps for personal injury lawsuits in North Carolina, except for some exceptions. Non-economic damages (pain and suffering), for example, are capped at $500,000 in medical malpractice cases. Punitive damages are rarely awarded in personal injury cases, but when this does occur the damages cannot exceed $250,000, or three times the amount of damages in compensation, whichever figure is greater.

In North Carolina, dog owners are ‘strictly liable’ for any injuries their pet causes to another person, regardless of the animal’s previous behavior.

Notable Personal Injury Lawyers in North Carolina

There are many talented personal injury lawyers who would be delighted to take on your case in North Carolina:

Matthew Fleishman
132 N McDowell St, Charlotte, NC 28204

Robert E. Whitley
3301 Benson Dr #120, Raleigh, NC 27609

Marcus Hayes
608 Pisgah Church Road, Suite 201, Greensboro, NC 27455

David D. Daggett
2140 Country Club Road, Winston-Salem, NC 27104

Lisa Lanier
1304 Fort Bragg Rd., Fayetteville, NC 28305

Ann M. David
1516 Dawson St, Wilmington, NC 28401

Car Accident and Fatality Statistics in North Carolina

As per the U.S. Department of Transportation’s Fatality Analysis Reporting System, North Carolina experienced 1,306 fatal crashes which claimed the lives of 1,412 people in 2017. Of those involved in deadly traffic accidents, 43% were car occupants while 54% of all crashes resulted from a single vehicle. The majority of fatal motor vehicle crashes (64%) occurred in rural areas of North Carolina, significantly above the U.S. average of 46%.

Nova Legal Funding provides pre-settlement loans to drivers in North Carolina who are currently involved in traffic cases. The most common cases we cover are:

At Nova Legal Funding, our team is happy to provide a free case evaluation to all personal injury plaintiffs. Contact us today to learn more about lawsuit funding in North Carolina.


Do I qualify for a lawsuit loan in North Carolina?

Personal injury plaintiffs living in North Carolina are eligible for pre-settlement funding provided they have sustained an injury within the state, as a result of another person or entity.

Does Nova Legal Funding offer a lawsuit loan or cash advance?

Though commonly referred to as a lawsuit loan, we actually provide customers with a cash advance against their eventual lawsuit settlement. This is a wholly non-recourse payment which plaintiffs only pay back if they win the case or obtain a settlement.

Does it matter how the lawsuit funding is spent?

Pre-settlement loans are commonly used to pay off debts, cover the mortgage, and take care of general living expenses, however, there is no limitation on how you spend this cash advance.

Apply For Lawsuit Funding in North Carolina Now

Here at Nova Legal Funding, we have the skills and experience to take charge of legal funding in North Carolina. We are proud to provide our customers with immediate financial support within 24 hours of application approval. Contact our team today to find out more about our pre-settlement funding in North Carolina.

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(800) 760-0704