North Dakota Commercial Vehicle Accident 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
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What Are Commercial Vehicle Accident Loans in North Dakota
A commercial vehicle accident loan in North Dakota is a pre-settlement funding option available to plaintiffs with active legal claims related to car accidents. So, what exactly is this loan? Well, it’s not exactly a loan as in traditional sense, but more closely resembles an advance on a plaintiff’s future settlement funds.
When you suffer injuries from a car accident due to another party’s negligence, you might open a legal claim against them and seek compensation. But legal fights can often lead to lengthy court cases, and while your case progresses, financial pressures continue to mount. This is where a car accident loan enters the picture by providing the needed financial support.
The beauty of these loans is that they are non-recourse. This means that if you don’t win your case, you don’t have to pay back the loan. In other words, the lending company takes on the risk. Thus, effectively, the funding is contingent on your case’s success. This way, the lawsuit loan protects your financial well-being as you focus on winning your legal battle.
To apply for a car accident loan, visit LawsuitLoans.io funding application or call on (800) 340-4973.
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.
Key Information About Car Accident Loans in North Dakota
If you’ve been involved in a car accident in North Dakota and you have filed a lawsuit, you could be eligible for a car accident loan from LawsuitLoans.io. This is pre-settlement funding which can help you manage expenses while you wait for your case to resolve. Information specific for North Dakota has been compiled below:
| Average car accident loan amount by LawsuitLoans.io in North Dakota | Not enough data available |
| Largest car accident loan by LawsuitLoans.io in North Dakota | Not enough data available |
| Average interest rate in North Dakota | Not enough data available |
| Median personal injury verdict in North Dakota | $31,000.00 |
| North Dakota statute of limitations | 6 Years; Title 28 Ch. 1 Section 28-01-16 |
| North Dakota fault laws | North Dakota is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident. |
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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Commercial Vehicle Accident Loan in North Dakota?
Understanding the eligibility criteria for car accident lawsuit loans is crucial. Indeed, such a claim always involves a high insurance policy or self-insured entity. Hence, the remaining qualifying factors are quite straightforward. Firstly, you must have an attorney hired on a contingency basis. This approach means that your lawyer will only get paid if they win your case. Secondly, it’s a legal requirement for applicants to be at least 18 years old.
How Much Money Can I Get From my Commercial Vehicle Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. We can advance up to a maximum of 25% of the expected value of your settlement if your case is still in progress. For cases that have already settled, we can offer up to 50% of your expected portion of the settlement.
Let’s give an example for better understanding. Imagine a plaintiff in North Dakota who was involved in a commercial vehicle accident. The estimated value of their claim is $500,000. The case will not settle for some time. It’s normal that medical providers get paid around 1/3 of the settlement amount and the attorney also gets about 1/3. As a result, the plaintiff would receive around $170,000. In such a scenario, we at LawsuitLoans.io can advance approximately 25% of that amount, which amounts to $42,500.
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Apply today and get funds in as little as 24 hours!
What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in North Dakota?
In North Dakota, several types of commercial vehicles are commonly involved in personal injury claims. These include:
Semi-Trucks
Also known as 18-wheelers or big rigs, these large trucks can cause severe damage and injuries in accidents due to their size and weight.
Delivery Trucks
Vehicles like UPS or FedEx delivery trucks often travel throughout the day, increasing the potential for accidents.
Taxis and Rideshares
Public transportation vehicles, including taxis and rideshare vehicles such as Uber and Lyft, are involved in many accidents each year.
Construction Vehicles
Construction vehicles like dump trucks or cement mixers can be involved in accidents, especially in work zones.
While many of the cases we fund nationwide involve these types of vehicles, at LawsuitLoans.io we also fund car accident claims involving any kind of privately or commercially used vehicle. No matter what type of vehicle is involved in your claim, you can apply for funding through our website or by calling our toll free number (800) 340-4973.
Roadway Accident Cases we Fund in North Dakota
When dealing with lawsuits arising from road accidents in North Dakota, we support almost any type. Here is a quick outline as to how our funding can help you depending on the case particulars.
- Bicycle Accident Loans: Support while you seek justice for injuries suffered while cycling.
- Car Accident Loans: Help when dealing with financial hardships connected to car accidents.
- Commercial Vehicle Accident Loans: Aid while you’re engaged in lawsuits related to commercial vehicle accidents.
- Semi Truck Accident Loans: Funding for cases involving semi-truck collisions and their often catastrophic consequences.
- Government Vehicle Accident Loans: Assistance when government vehicles are at fault for your injuries.
- Motorcycle Accident Loans: A lifeline for motorcyclists hurt due to others’ negligence.
- Pedestrian Accident Loans: Support during your pedestrian accident case.
- Rideshare Accident Loans: Financial aid for cases involving rideshare services like Uber or Lyft.
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.
Cities we Service in North Dakota
LawsuitLoans.io provides funding throughout North Dakota. See more about our funding in North Dakota by visiting the city pages below:
Other Cases we Fund in North Dakota
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in North Dakota. Read more about the personal injury cases we fund in North Dakota here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in North Dakota here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in North Dakota?
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 North Dakota.