North Dakota Legal Funding
Fast Pre-Settlement Loans in North Dakota
Do you have a pending personal injury lawsuit in the state of North Dakota?
Personal injury cases in North Dakota can often be long and complicated, and court costs can often mean financial hardship for those dealing with the implications of their injury. Here at Nova Legal Funding, we provide customers in North Dakota with immediate financial support that can go towards rent, bills, and other living expenses.
Insurance companies are renowned for using stalling tactics in the hope that the plaintiff’s financial situation will pressure them into settling their personal injury lawsuit quickly, and for less than they deserve. This is why so many people awaiting a personal injury case require financial assistance until they settle, and typically turn to lawsuit loans. However, we offer plaintiffs in North Dakota a far better option.
With our wholly non-recourse cash advances, clients are not required to pay us back if they lose their personal injury case. This system eliminates any risk associated with legal funding in North Dakota.
Plaintiffs are free to apply for pre-settlement funding at any point throughout the personal injury case, and Nova Legal Funding will provide financial assistance in the first 24 hours.
North Dakota Lawsuit Loan Requirements
Applying for legal funding in the state of North Dakota couldn’t be easier—all you need is your name, phone number, and your attorney’s contact information.
- Credit Free – Nobody is required to examine your credit history at any point during your application.
- Easy Application – Rest easy knowing that the application process predominantly takes place between Nova Legal Funding and your attorney.
- Risk-Free Cash – Our pre-settlement funding is risk-free, and no customer will be asked to repay the funds if they lose their personal injury case.
Laws and Regulations of Pre-Settlement Funding in North Dakota
Important North Dakota Legal Information
|Avg. Funding per case from Nova Legal Funding||n/a|
|Fault Laws||Modified Comparative
Fault – 50% Bar
If plaintiff is negligent, the degree of fault will reduce his recovery, until it equals the fault of others, then
|Statute of Limitations||6 years; 2 years in wrongful death Title 28, Ch. 1, Secs. 28-01-16 and 28-01-18|
|Minimum policy limits for bodily injury & property damage||$25,000 bodily injury liability per person
$50,000 bodily injury liability per accident
$25,000 property damage liability per accident
|Minimum UIM auto insurance limits||Liability: 25/50/25
UM/UIM BI: 25/50
|Workers compensation eligibility||Eligible|
It is relatively easy to obtain a lawsuit loan in North Dakota. The majority of legal funding companies are able to provide financial assistance in the state. Even though litigation funding is largely unregulated in North Dakota, Nova Legal Funding will always follow best-practice disclosure guidelines in all of our contracts and agreements.
North Dakota Personal Injury Law: How Does it Affect Legal Funding?
The statute of limitations in North Dakota is six years after a personal injury, and two years after a wrongful death. Those wishing to file a claim against a responsible party must do so within these time constraints. If not, the courts will be unlikely to hear the case and they would be deprived of an opportunity to obtain compensation. This is different for people intending to file a claim against the government, for which notice must be given to North Dakota’s Risk Management Fund within 180 days of the accident.
Citizens of North Dakota cannot go to court following a car accident unless they meet the ‘serious injury’ threshold. Instead, these claims must be settled through the relevant insurance companies.
Dog owners in the state could be taken to court if their pet causes injury to another person. This is provided that the injured party can demonstrate that the dog’s dangerous behavior was previously known to its owner.
Compensation is divided according to the modified comparative fault rule in North Dakota. The court will assign a percentage of responsibility to each party and this corresponds to how the total damages will be divided. For instance, this doctrine would mean that the party deemed 70% at fault would pay 70% of the compensation owed to the plaintiff.
However, if the plaintiff is considered to bear some responsibility for their own injuries, they will stand to lose part of their payout. According to the modified comparative fault rule, if an injured party is found to be 40% at fault, they would have 40% deducted from their total damages. If they are found to be at least 50% responsible, they are unable to claim any compensation for their injuries at all.
There are some instances in which a cap is applied to ]damages received in medical malpractice cases. Non-economic damages, such as pain and suffering, are capped at $500,000, while economic damages over $250,000 will be subject to court review in order to determine whether the sum is ‘reasonable’.
Notable Personal Injury Lawyers in North Dakota
There are plenty of talented personal injury lawyers who would be delighted to take on your case in North Dakota:
4627 44th Ave S #108, Fargo, ND 58104
David S. Maring
1661 Capitol Way, Suite 103 LL, Bismarck, ND 58501
Robert G. Akre
1809 S Broadway Plaza Ste. N & O, Minot, ND 58701
Robert J. LaBine
600 Demers Ave, Suite 202, Grand Forks, ND 58201
William A. Sand
340 N. Main St., Suite 209, PO Box 1933, Watford City, ND 58854
Car Accident and Fatality Statistics in North Dakota
In 2017, a motor vehicle crash occurred every 34 minutes in North Dakota, according to the findings from the state’s Department of Transportation (DOT). The findings also showed that one person died every three days as a result of a crash.
The United States DOT’s Fatality Analysis Reporting System reported 105 fatal crashes resulting in the deaths of 115 people in the state. 84% of those that died were North Dakota residents and 78% were in a passenger vehicle at the time of the crash.
The DOT also noted that more people died in crashes during the warmer months of the year, where 17 were killed in August and 15 in July compared to 6 in February and November. The most recent figures showed that most of the victims (30) were between the ages of 25 and 34, while four-times more men died in car crashes than women. Furthermore, alcohol was a factor in 49% of the fatal crashes where drivers’ blood alcohol concentration levels were tested.
We provide pre-settlement funding for North Dakota drivers involved in traffic cases, most commonly in the following areas:
- Pedestrian accident
- Car accident
- Tractor trailer accident (truck accident)
- Bus accident
- Bicycle accident
- Motorcycle accident
Contact a member of the Nova Legal Funding team today for a free case evaluation and to learn more about our lawsuit funding in North Dakota.
How do I know if I qualify for a lawsuit loan in North Dakota?
North Dakota personal injury plaintiffs are entitled to a free and speedy pre-settlement funding application. As long as they have sustained an injury in the state as a result of another person or entity, they qualify for financial support with Nova Legal Funding.
Will I receive a lawsuit loan or cash advance?
We provide our customers with cash advances against their eventual case settlement, though these are commonly referred to as lawsuit loans. Our wholly non-recourse advances only need to be repaid by those who win their case or obtain a settlement. Those who lose their case will never be asked to return the funding.
What should I spend the pre-settlement loan on?
There are no restrictions in place regarding how pre-settlement funding is spent, but many personal injury plaintiffs choose to put the funding towards mortgage payments, costs of medical bills, and living expenses in general.
Apply For Lawsuit Funding in North Dakota Now
We have helped many personal injury plaintiffs in North Dakota with our pre-settlement funding. Contact a member of our team to learn more about how we can support you during your case.