Oregon Legal Funding
Fast Pre-Settlement Loans in Oregon
Are you an Oregon resident with an upcoming personal injury lawsuit?
Being involved in a long-running personal injury legal case can leave you struggling to make ends meet, especially if the injuries sustained mean having to take considerable time off work. Lengthy court cases may even render you unable to afford everyday expenses like food, rent, and medical bills due to the time you need to devote to it your case.
At Nova Legal Funding, we provide lawsuit funding in Oregon to get claimants through their case without having to worry about these financial burdens which come with personal injury lawsuits. With insurance firms cottoning on to plaintiffs’ financial issues and purposely delaying payments to force clients into accepting a lower fee, our additional funding.
Our settlement funding in Oregon allows you to carry on as normal during your case, which could go on for months or even years before you receive any kind of compensation. We provide rapid responses to all applications and aim to have all money transferred to clients within 24 hours.
Here at Nova Legal Funding, we also work on a no win, no fee basis, so our service is entirely risk-free. Get in contact with us at any point during your case for quick and simple pre-settlement funding in Oregon.
Oregon Lawsuit Loan Requirements
To apply for pre-settlement funding in Oregon, you simply need your name, phone number, and your attorney’s contact information.
- 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 Oregon
Important Oregon Legal Information
|Avg. Funding per case from Nova Legal Funding||$18,903
Nova can fund anywhere from $500 up to $2,500,000 depending on case value.
|Fault Laws||Modified Comparative
Fault – 51% Bar
With his own negligence, plaintiff’s recovery will not be barred, but it may diminish his right to damages.
Or. Rev. Stat. Ann. § 31.600.
|Statute of Limitations||2 years Ch. 12, Sec. 12.110|
|Minimum policy limits for bodily injury & property damage||$25,000 bodily injury liability per person
$50,000 bodily injury liability per accident
$20,000 property damage liability per accident
|Minimum UIM auto insurance limits||Liability: 25/50/20
UM BI: 25/50
|Workers compensation eligibility||Eligible|
Getting lawsuit funding in Oregon is perfectly legal, with all types of cases eligible for this. This must not breach champerty laws, however, which concern “the support of litigation by a stranger without just cause”. According to Brown v. Bigne, the doctrine cannot be applied when somebody invests in a well-founded legal claim—regulations with which our funding comply.
Like other states, the laws on pre-settlement funding in Oregon require claimants to file for a lien if they have already received funding from a separate source. Consequently, you will need to notify us if this is the case so that this lien can be paid off.
Oregon Personal Injury Law: How Does it Affect Legal Funding?
Oregon’s statute of limitations gives claimants two years from the date of their injury to file a lawsuit against the at-fault party. Claims made after this period are unlikely to be considered by the courts. If your grievance is against an employee or agency of the Oregon government, you have only 180 days to file your claim.
As is the case in other states, Oregon follows the “modified comparative negligence rule” for personal injuries. This stipulates that your compensation will be reduced in line with the percentage by which you are deemed to blame for your injuries. So, if the courts held you to be 10% responsible for an accident, you’d lose 10% of your compensation. However, if you’re deemed to be over 50% at-fault, you lose your right to compensation entirely.
Oregon also places a cap on certain types of damages, with the Oregon Tort Claims Act capping the amount of compensation and injured individual is entitled to. The size of the cap depends on when they were injured—for instance, injuries sustained between July 2012 and July 2013 are capped at $1.8 million, while those that occur between July 2014 and July 2015 have a cap of $4 million. For a full overview, refer to Ore. Rev. Stat. section 30.271.
With regard to dog attacks, Oregon applies what is known as the “one bite” rule. This means that dog owners will be deemed responsible for injuries caused by their dog if the claimant can demonstrate the owner “should have known” that their animal was dangerous.
For motorist accidents, Oregon follows a fault-based doctrine. This means that the at-fault party is responsible for any resulting harm—up to their policy limits. Injured individuals in Oregon can proceed in three ways: by filing a claim with their own insurance policy, filing a claim directly with the at-fault motorist’s insurance carrier, or by filing a personal injury lawsuit in civil court against the driver.
Drivers must also have the following amounts of car insurance at all times:
- $25,000 liability coverage for bodily injury or death of one person in an accident caused by the owner/driver of the insured vehicle
- $50,000 liability coverage for total bodily injury or death liability in an accident caused by the owner/driver of the insured vehicle
- $25,000 liability coverage for property damage per accident caused by the owner/driver of the insured vehicle
- $15,000 in personal injury protection coverage, per person, and
- uninsured motorist coverage of $25,000 per person and $50,000 total per accident.
You may also want uninsured motorist coverage to cover you in the event of an at-fault driver having no insurance, or if you’re hurt in a hit and run accident. Personal injury protection coverage is also useful, as it covers medical expenses and various other out-of-pocket losses stemming from an accident.
Notable Personal Injury Lawyers in Oregon
Oregon has a vast number of lawyers who are willing to take on your case.
Sara L. Gabin
14523 Westlake Dr, Lake Oswego, OR 97035
Robert Kline Jr
121 SW Morrison Avenue, Suite 475, Portland, OR 97204
Robert Jesse Harris
165 SE 26th Ave, Hillsboro, OR 97123
Byron T. Farley
110 Madrona Ave SE, Salem, OR 97302
Ryan M. Johnson
388 State Street, Suite #940, Salem, OR 97301
Car Accident and Fatality Statistics in Oregon
Oregon has a relatively low number of traffic fatalities, with the latest figures showing that there were only 437 deaths in 400 fatal crashes in 2017, equating to 10.5 deaths per 100,000 of the population. Just over half (51%) of the drivers killed had high levels of alcohol in their systems, while 55% of fatally injured occupants weren’t wearing seatbelts.
Nova Legal Funding offers lawsuit funding for Oregon drivers involved in cases related to traffic accidents. Below are six of the most common causes:
- Pedestrian accident
- Car accident
- Tractor trailer accident (truck accident)
- Bus accident
- Bicycle accident
- Motorcycle accident
We have the skills and expertise to take charge of all lawsuit funding in Nevada. Contact our team today for a free case evaluation, and for more information about the benefits of a Nevada lawsuit loan.
How do I know if I qualify for lawsuit funding in Oregon?
You automatically qualify for lawsuit funding in Oregon if you were injured by another person or entity within the state.
Is it a lawsuit loan or cash advance?
While it is called a lawsuit loan, funding provided by Nova Legal Funding is in fact an advance against your eventual lawsuit settlement. Fortunately, this cash advance is non-recourse, meaning there is no obligation to pay back the money should you lose the case. We will only ask for repayments if you win your case or obtain a settlement.
Does it matter how I spend the lawsuit funding?
Lawsuit funding in Oregon is available to help those who need financial help during a prolonged legal case, and you are free to spend the money as you see fit. In the past, our clients have used the cash for reasons like paying off debts, covering rent payments, and helping with day-to-day expenses.
Apply For Lawsuit Funding in Oregon Now
Nova Legal Funding has the knowledge and experience to deliver an exceptional service to every one of our clients, and our expert team is available 24/7 to help with any questions or queries. Get in contact for a free case evaluation, and to learn more about how you could benefit from pre-settlement funding in Oregon.