New Mexico Dog Bite Lawsuit Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
What is a Dog Bite Lawsuit Loan and How Does it Work in New Mexico
A lawsuit loan, also known as pre-settlement funding, is an advance on the potential settlement that a plaintiff might win in their legal case. It’s a financial tool designed to help plaintiffs cover their living expenses while they wait for their case to resolve. Lawsuit Loans are available for many types of lawsuits, including personal injury lawsuits like dog bite cases.
In New Mexico, if you file a dog bite lawsuit and justice isn’t swift, you might find yourself needing financial assistance before you receive your settlement. This is where a dog bite lawsuit loan comes in. You can apply for a loan through LawsuitLoans.io and if approved, receive funds to cover your expenses while you await the resolution of your case.
The process is simple and straightforward. First, you’ll need to fill out the LawsuitLoans.io funding application. You provide some basic information about yourself and your case, then the team at LawsuitLoans.io reviews your application, discusses it with your attorney if necessary, and makes a decision based on the likely outcome of your case. If approved, you could receive your funds within 24 hours.
One important point to remember is that a lawsuit loan is considered non-recourse funding. This means if you do not win your case, you owe nothing back to LawsuitLoans.io. This makes it a risk-free option for many plaintiffs struggling with finances during their lawsuit process.
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
How Much Funding Can I Get From my Premises Liability Lawsuit Advance?
Lawsuit loans on slip and fall claims from LawsuitLoans.io can range from $500 up to over $1,000,000. If your case is ongoing, we can advance up to a maximum of 25% of your expected share of the settlement. If your personal injury case has been settled, we can offer up to 50% of your expected share of the settlement.
Let’s give an example for better understanding. Suppose a plaintiff in New Mexico has been attacked by a dog while walking on the road near their apartment. They are currently seeking claims for their injuries and the case is estimated to be worth $200,000. As they are still receiving treatment for their injuries, it may take another year for the case to resolve.
The general distribution rule of the settlement is as follows: medical providers get around 1/3, the attorney gets another 1/3 and as a result, the plaintiff would receive about $65,000 from their lawsuit. From LawsuitLoans.io, we can advance around 25% of that amount or approximately $16,000.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Steps to Take After a Dog Bite Injury
Thousands of people experience dog bites each year. After suffering from a dog bite injury, there are vital steps you need to take. We provide a list below, and detail each step for better understanding.
1. Seek Medical Attention
The first and most important step after a dog bite is to seek medical attention. You may not think your injuries are severe, but dog bites can carry harmful bacteria that could lead to infections. It’s important to have a healthcare professional assess and treat your injury.
2. Report the Incident to Animal Control
Once you’ve received medical care, your next step should be to report the incident to your local animal control agency. This will help track incidents in your area and potentially prevent future bites from the same dog.
3. Document Your Injuries
Take pictures of your injuries as soon as possible and continue to document the healing process. This can be key evidence if you decide to pursue a legal claim.
4. Contact Competent Local Legal Counsel
Depending on the severity of your injuries, you might have a valid personal injury claim. Consult with an experienced local lawyer who specializes in dog bite cases to discuss your options.
Remember, LawsuitLoans.io can provide financial assistance to plaintiffs with personal injury claims as they wait for their case to resolve. Contact us at (800) 340-4973 or apply online using our easy funding application.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible for a Lawsuit Loan on my New Mexico Dog Bite Claim?
If you are wondering about your eligibility for a lawsuit loan, knowing the basic requirements is key. These criteria apply to dog bite claims in New Mexico and other personal injury cases.
The primary eligibility aspects consider three main factors:
- Having a genuine legal claim against another party who has insurance coverage
- Working with an attorney on a contingency basis, meaning they only get paid if you win your case
- Being at least 18 years old, which is the minimum age required to enter into a contract
If these conditions match your current situation, you could potentially qualify for funding from LawsuitLoans.io while awaiting the resolution of your case.
Get Started
Apply today and get funds in as little as 24 hours!
What are the Dog Bite Injury Laws in New Mexico?
In the state of New Mexico, dog bite injury legal claims work on the basis of negligence. This means that to win your case, you must prove that the owner of the dog was careless and this carelessness led to your injury. Different situations can impact the outcome of these cases.
For example, if a dog bite happens when you are trespassing or provoking the dog, the owner might not be held liable. But if you are bitten while lawfully on the property and not provoking the dog, you stand a higher chance of winning your claim.
New Mexico follows the ‘One bite rule’. This means that an owner can only be held responsible for a dog bite if they knew the dog had a tendency to bite. This can make dog bite cases more complex and harder to win without prior instances of aggression.
However, despite this rule, owners have a duty to control their dogs and can still be held liable if proven negligent. It is always best to consult with a lawyer for legal advice tailored to your specific situation.
+LawsuitLoans.io’s Dog Bite Injury Loan Process
Have you been harmed in a dog attack and filed a lawsuit against the pet’s owner? If yes, you may find the legal process to take longer than expected. But there’s good news: LawsuitLoans.io can help with a dog bite lawsuit loan.
A dog bite lawsuit loan is a specific type of pre-settlement funding that we provide to plaintiffs like you. This concept might sound complex, but it’s straightforward when broken down into five main steps:
- Apply online: You kick off the process by filling out our application that can be found here.
- We contact your law firm: Our team gets in touch with your law firm for more information about your case.
- We review your case: Once we have all the necessary details, we review your case to determine if you are eligible for a lawsuit loan.
- You sign a contract: After approval, you will receive an agreement to sign. This agreement stipulates the terms of the lawsuit loan.
- You get funds: Once the contract is signed, you will receive the agreed-upon funds. These funds are yours to use as you see fit.
For instance, consider “Jane”. Jane was bitten by a dog and had to undergo medical treatment. She hired a lawyer and sued the dog’s owner. While waiting for the case to conclude, she applied online for a dog bite injury loan from LawsuitLoans.io. We contacted her law firm, reviewed her case, and approved her for a loan. Jane then signed a contract with us and received her funds soon after. Now Jane could use this loan to cover her medical bills and other expenses while she waited for her lawsuit to conclude.
Above all, our user-friendly process aims to relieve some of the financial burdens you may face while pursuing legal justice. If you are involved in a dog bite lawsuit and need funding, apply at LawsuitLoans.io today.
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.
What Can I Use the Money From My Lawsuit Loan For?
If you’ve gotten a lawsuit loan from LawsuitLoans.io, you may be wondering what you can use this money for. The answer is quite simple: you can use these funds to cover your daily living expenses and medical costs.
Everyday living expenses can range widely depending on your lifestyle. These could include rent or mortgage payments, utilities, groceries, transportation costs, school fees, and much more. Unforeseen expenses due to unexpected circumstances could also be covered by these funds. You can rest easy knowing that your necessary expenses are covered while your legal case runs its course.
In addition, if you incurred any medical bills due to your personal injury, this loan can help cover those as well. It is vital for your health and wellbeing that you have the means to pay your medical expenses and afford the required care. The funds given can essentially alleviate the financial stress and allow you to focus on recovery and your court case.
However, there are limitations on what you can use the funding from a lawsuit loan for. LawsuitLoans.io funds cannot be used for litigation or legal case expenses. The purpose of these loans is to provide you with the financial relief to support your life’s necessities during this challenging time. While it can’t directly fund your legal battle, it contributes indirectly by enabling you to sustain your lifestyle and health.
Why Choose LawsuitLoans.io for Legal Funding on Your Dog Bite Injury Legal Claim?
If you’re seeking pre-settlement funding for your dog bite injury claim, look no further than LawsuitLoans.io. We stand apart from our competitors with our client-first approach and transparent terms. Here are a few of the highlights of what we offer:
- Low, Simple Rates: Our rates start at just 2.5% per month. This low rate makes it easy for you to plan for repayment and eliminates the stress of unexpected costs.
- Fast Approval: We understand that when you’re dealing with a legal claim, timing is everything. That’s why we strive to provide approval as soon as the same day you apply.
- Capped Repayment Terms: With LawsuitLoans.io, your interest stops accruing after a certain date. This ensures that you won’t be stuck paying indefinitely and can move forward with certainty once your case is resolved.
- Client-First Approach: At LawsuitLoans.io, we put our clients first. We work to ensure your needs are met, answering any questions you may have, and providing guidance through every step of the process.
Choose LawsuitLoans.io for reliable, fair, and prompt legal funding.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
New Mexico Pre-settlement Funding FAQs
Understanding the legal landscape when pursuing a lawsuit is essential, and seeking pre-settlement funding is no exception. For New Mexico residents, here are answers to some of your frequently asked questions:
How much compensation can you get for a dog bite in New Mexico?
The amount of compensation for a dog bite in New Mexico largely depends on the severity of the injury. Other factors considered include medical costs, lost wages, and even emotional distress. Each case is unique, so it’s important to consult with a personal injury attorney to understand your options.
How long does a dog bite injury settlement take in New Mexico?
The duration of a dog bite lawsuit can vary widely. It depends on factors like how long your medical treatment takes, whether fault is clear-cut, and the willingness of insurers to pay out. Lawsuits can range from several months to a few years. Luckily, pre-settlement funding companies such as LawsuitLoans.io exist to support you during this period.
Does New Mexico have the one-bite rule?
No, New Mexico does not have the “one-bite” rule. Instead, it applies strict liability in dog bite cases. This means the owner is held responsible for their dog’s actions, regardless if the dog has bitten someone before or not.
Cities we Service in New Mexico
LawsuitLoans.io provides funding throughout New Mexico. See more about our funding in New Mexico by visiting the city pages below:
Get Started
Apply today and get funds in as little as 24 hours!
Other Cases we Fund in New Mexico
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in New Mexico. Read more about the personal injury cases we fund in New Mexico here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in New Mexico here:
Does LawsuitLoans.io Directly Fund Cases in New Mexico?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in New Mexico.