North Dakota Lawsuit Loans

Can I Obtain a Lawsuit Loan in North Dakota?

Yes, plaintiffs in North Dakota can obtain lawsuit loans to help alleviate financial burdens while awaiting the resolution of their legal cases. These loans, often referred to as pre-settlement funding or lawsuit cash advances, provide monetary assistance to individuals involved in lawsuits, enabling them to cover various expenses during the legal process.  

Lawsuits can be financially draining, with legal fees, medical bills, and other expenses piling up. Fortunately, in North Dakota, individuals pursuing legal action have the option to secure lawsuit loans, offering them crucial financial support while their cases progress. 

North Dakota Lawsuit Loans FAQ's

At Mayfair Legal Funding, we strive to make the lawsuit loan process in North Dakota as straightforward and accessible as possible. We understand the challenges you may face during legal proceedings, and we’re here to provide you with financial support when you need it most.

Here’s a glimpse of how our process works:

  1. Application. Getting started is easy. Simply fill out our online application form, providing essential details about your case.
  2. Review. Our team will carefully review your application and assess the merits of your lawsuit. We prioritize transparency and efficiency, so you can expect a prompt response.
  3. Funding Approval. Upon approval, we’ll work with you to determine the loan amount that suits your needs. We offer competitive rates and flexible terms to accommodate your unique circumstances.
  4. Agreement. You’ll receive a clear and concise funding agreement that outlines the terms of the loan. Review it carefully, and if you have any questions, our team is here to assist you.
  5. Funds Disbursement. Once you’ve signed the agreement, we’ll promptly disburse the funds to your preferred method, providing you with the financial relief you need to cover expenses related to your lawsuit.
  6. Repayment. Importantly, repayment is contingent upon the successful resolution of your case. If you win your lawsuit, the agreed-upon amount, along with fees and interest, will be deducted from your settlement or judgment.
  7. No Repayment if You Lose. If your case doesn’t result in a favorable outcome, you won’t be required to repay the loan. We share in the risk, ensuring that you’re not burdened with additional financial stress in case of an adverse verdict.

Our goal is to be your trusted partner in navigating the legal process in North Dakota. We understand the importance of financial stability during this challenging time, and our streamlined process is designed to provide you with peace of mind and the support you need to pursue justice.

Our lawsuit cash advances can be used to cover various everyday expenses, providing you with the flexibility and peace of mind you need.

You can use your cash advance for:

– Medical Bills

– Rent or Mortgage Payments

– Utility Bills

– Groceries and Household Expenses

– Car Payments and Repairs

Our aim is to empower you to manage your finances effectively while your legal case progresses, ensuring that you can focus on your recovery and the pursuit of justice.

Understanding North Dakota’s personal injury laws is crucial for both plaintiffs and legal funding providers operating within the state. These laws shape the legal landscape and have implications for pre-settlement funding.

Below, we’ll discuss key aspects of North Dakota personal injury law and their influence on lending policies:

Statue of Limitations

North Dakota has established statutes of limitations for personal injury cases. For general personal injury cases, such as accidents or injuries, there is a six-year time limit to file a lawsuit. However, if the case involves wrongful death, the statute of limitations is two years.

These time limits usually begin to run from the date of the injury or accident. It’s crucial to be aware of and adhere to these deadlines, as missing them could result in the court refusing to hear your case, thereby preventing you from seeking compensation for your injuries.

Shared Fault Rule

North Dakota applies a “modified comparative fault” rule when fault is shared between parties in a personal injury case. This rule affects the amount of damages a plaintiff can recover.

If the plaintiff is found to be less than 50% at fault for the accident, their damages will be reduced proportionally to their percentage of fault. For instance, if a plaintiff is 20% at fault and has total damages of $1,000, they can collect $800. However, if the plaintiff is assigned 50% or more of the fault, North Dakota’s modified comparative fault rule bars them from collecting any damages at all.

No-Fault Rules

North Dakota follows a no-fault system for car accidents, which means that in most cases, individuals are required to make a personal injury claim with their own insurance company, regardless of who was at fault for the accident.

To pursue a lawsuit against the at-fault party, the plaintiff’s injuries must meet a “serious injury” threshold, which is a legal standard determining the severity of injuries that allow a lawsuit against the responsible party.

Caps on Damages

Like several other states, North Dakota has damage caps in place, limiting the amount of compensation that can be awarded in personal injury cases.

In North Dakota, non-economic damages, which include “pain and suffering” damages, are capped at $500,000 specifically in medical malpractice cases. Additionally, any economic damages exceeding $250,000 may be reviewed by the court to ensure they are “reasonable.” It’s important to note that these caps apply only to medical malpractice cases and not to all personal injury cases.

Dog Owner Liability

North Dakota doesn’t have a specific statute addressing personal injury liability for dog bites. Instead, dog owners may be held liable if the injured party can demonstrate that the owner “should have known” that the dog was dangerous. This principle is often referred to as the “one bite” rule.

It’s essential to note that legal funding providers operating in North Dakota must adhere to these state-specific laws and regulations. As the legal landscape may evolve, it’s advisable for both plaintiffs and legal funding companies to consult with legal professionals who are knowledgeable about North Dakota’s personal injury laws to ensure full compliance and informed decision-making throughout the pre-settlement funding process.

What are North Dakota Lawsuit Loans?

Lawsuit loans, often referred to as pre-settlement funding or lawsuit cash advances, are financial instruments designed to provide assistance to individuals involved in legal battles. These loans serve as a vital financial lifeline for plaintiffs, helping them navigate the often lengthy and financially challenging legal process.

Lawsuit loans work by offering plaintiffs a portion of their expected settlement or court award in advance. Unlike traditional loans, they are non-recourse, meaning that repayment is contingent upon the successful outcome of the lawsuit.

If the plaintiff prevails in their case, the loan, along with agreed-upon fees and interest, is repaid from the awarded settlement amount. However, if the case is unsuccessful, the plaintiff typically owes nothing.

These loans can be a valuable resource for individuals facing mounting expenses related to their legal battles, such as medical bills, and everyday living costs. By providing access to much-needed funds, lawsuit loans aim to level the playing field for plaintiffs, ensuring they have the financial means to pursue their cases vigorously.

Mayfair Legal Funding Across North Dakota's Major Cities

Mayfair Legal Funding is dedicated to aiding plaintiffs across the state of North Dakota. Whether you reside in one of North Dakota’s thriving urban centers or a smaller town, our unwavering commitment to supporting those seeking justice remains unchanged. Here’s a compilation of the prominent cities in North Dakota where we offer our assistance:

  • Fargo
  • Bismarck
  • Grand Forks
  • Minot
  • West Fargo
  • Mandan
  • Dickinson
  • Jamestown
  • Williston
  • Wahpeton
  • Devils Lake
  • Valley City
  • Grafton
  • Beulah
  • Rugby
  • Horace
  • Casselton
  • Hazen
  • Bottineau
  • Lisbon
Types of Pre-Settlement Funding We Service

At Mayfair Legal Funding, we offer pre-settlement funding for a wide range of personal injury cases. Our goal is to provide financial support to plaintiffs during their legal journeys.

Below are some examples of personal injury cases for which we offer funding:

Car Accidents

Slip and Fall Incidents

Medical Malpractice Claims

Wrongful Death

Workplace Injuries

No matter the nature of your personal injury case, our team is dedicated to helping you secure the financial assistance you need to cover immediate expenses while awaiting the resolution of your lawsuit.

North Dakota Lawsuit Funding Laws and Regulations

In North Dakota, the landscape of lawsuit funding remains predominantly unregulated, allowing numerous legal funding companies to offer their services within the state.

While the lack of strict regulation might raise some concerns, North Dakota has interest rates and usury laws in place, with the state’s Department of Financial Institutions as the main government enforcing body. The Department of Financial Institutions regularly publishes the usury rates for the upcoming month, indicating that these rates can change over time, and lenders must stay updated on the current limits.

In North Dakota, the usury rate is calculated based on the average rate of interest on U.S. Treasury Bills maturing within six months, with an additional 5.5% added to that average rate. However, it is important to note that the usury rate cannot fall below a minimum of 7%.

Furthermore, many reputable companies also voluntarily adhere to fundamental best-practice principles, especially concerning disclosure in legal funding contracts.

These guidelines are designed to ensure transparency and fairness in the legal funding process, even in the absence of comprehensive regulations. This approach aims to protect the interests of individuals seeking financial support while engaged in legal proceedings, promoting ethical and responsible practices in the industry.

It’s important to note that laws and regulations may evolve, so it’s advisable to consult with a legal professional or a reputable lawsuit funding provider in North Dakota to get the most up-to-date information and guidance regarding the legal aspects of lawsuit loans in the state.

Take Control of Your Legal Journey with Mayfair Legal Funding

When facing the financial strain of a legal battle in North Dakota, remember that Mayfair Legal Funding is here to support you. Our mission is to provide you with the financial resources you need to pursue justice without added stress.

Top-Ranked North Dakota Personal Injury Lawyers:

1. Drew Epperly, Nicolet Law Accident & Injury Lawyers

21 Main Street S Suite 205

Minot, ND 58701

(701) 425-0984

2. Rick Sand, Sand Law North Dakota

340 Main St N #209

Watford City, ND 58854


3. Chad Rory McCabe, McCabe Law Firm

419 Riverwood Dr. Suite 104

Bismarck, ND 58504


4. Mark V. Larson, Larson Law Firm P.C.

1020 North Broadway

Minot, North Dakota 58703


Hiring a competent and experienced licensed personal injury attorney in North Dakota can significantly impact the outcome of your injury claim. Here’s why their expertise matters:

  • A seasoned attorney is well-versed in North Dakota’s personal injury laws, statutes of limitations, and regulations, ensuring that your case is handled in compliance with state legal requirements.
  • Personal injury cases often involve negotiations with insurance companies and opposing parties. An experienced attorney knows how to navigate these negotiations to secure the best possible settlement for you.
  • They have the resources and expertise to gather crucial evidence, including medical records, witness statements, and expert testimony, to strengthen your case.
  • In the event that your case goes to trial, an attorney with trial experience can represent your interests effectively in court and present a compelling case before a judge and jury.
  • Their goal is to ensure you receive fair compensation for your injuries, medical expenses, lost wages, and pain and suffering, helping you rebuild your life after an accident.

When it comes to personal injury claims in North Dakota, the choice of legal representation can make a significant difference. It’s crucial to research and select an attorney with a proven track record of success in handling cases similar to yours to ensure the best possible outcome.

North Dakota Updated Auto Accident Statistics

In a recent release by the North Dakota Department of Transportation (NDDOT) Highway Safety Division, the state has achieved a significant milestone in road safety. The latest crash data for 2022 reveals a remarkable decline in motor vehicle fatalities, marking the lowest fatality count in North Dakota in two decades.

Below are the key highlights from the 2022 auto accident statistics in North Dakota by NDDOT:

Category 2022 2021
Fatalities (Total) 98
Unbelted Fatalities 46 37
Alcohol-Related Fatalities 35 35
Speed-Related Fatalities 25 29
Motorcyclist Fatalities 21 8
Pedestrian Fatalities 6 10
Lane-Departure Fatalities 50 46
Commercial Vehicle Fatalities 21 8

The most notable achievement is the reduction in total fatalities, with 98 lives lost in 2022 compared to 97 in 2002, marking the lowest count in 20 years. However, there is still work to be done to improve seat belt usage, as nearly 67% of the 2022 fatalities were unbelted even when seat belts were present in the vehicle.

Furthermore, it’s essential to address alcohol-related fatalities, which remained consistent year-over-year, as well as motorcyclist and pedestrian fatalities, which saw increases in 2022. Speed-related fatalities decreased, but lane-departure fatalities and those involving commercial motor vehicles saw increases.

It’s worth noting that 2023 has seen a slight uptick in motor vehicle fatalities compared to the same period in 2022. All North Dakotans are encouraged to actively participate in Vision Zero, taking personal responsibility for road safety by wearing seat belts, following speed limits, driving sober, and avoiding distractions. These efforts are crucial in maintaining the positive trend of reduced auto accident fatalities in the state.

Don’t wait; contact us today at (888) 357-1338 and let us help you navigate the complexities of your lawsuit with confidence.