Oregon Lawsuit Loans

Can I get a lawsuit loan in Oregon?

Yes, you can obtain a lawsuit loan in Oregon to help cover your living expenses and legal costs while your lawsuit is pending. These loans, also known as pre-settlement funding, are designed to provide financial relief to individuals pursuing personal injury or other types of legal claims.

If you’re currently involved in a legal battle in Oregon, you may be wondering about the options available to you for obtaining financial assistance. Lawsuit loans, also known as pre-settlement funding, can provide a much-needed lifeline for plaintiffs facing financial strain due to their ongoing legal cases.

In Oregon, as in many other states, you have the opportunity to access these loans to help cover your living expenses, medical bills, and other costs while your lawsuit progresses.

Mayfair Legal Funding specializes in providing lawsuit loans to individuals in Oregon, allowing you to alleviate financial pressure and focus on pursuing a fair resolution to your legal matter. Whether you’re involved in a personal injury case, a product liability claim, or any other type of lawsuit, our team is dedicated to helping you secure the funding you need.

Oregon Lawsuit Loans FAQ's

At Mayfair Legal Funding, we understand that navigating the legal process can be challenging, and we’re here to make accessing lawsuit loans in Oregon as straightforward as possible.

Here’s a simplified overview of what you can expect when applying for a lawsuit loan with us:

  1. Initial Consultation. Contact us to discuss your case and financial needs. Our experienced team will evaluate your situation and determine if you qualify for a lawsuit loan in Oregon.
  2. Application. Fill out our simple online application form, providing essential details about your case and funding requirements.
  3. Case Review. Our team will carefully review your case, considering factors such as the strength of your claim, the expected settlement or judgment amount, and the potential timeline for resolution.
  4. Loan Approval. If approved, you’ll receive a loan offer outlining the terms and conditions, including the loan amount and applicable fees. You can choose to accept or decline the offer.
  5. Funds Disbursement. Upon acceptance, you’ll receive your lawsuit loan funds swiftly, often within 24 to 48 hours. These funds can be used to cover medical expenses, living costs, and legal fees.
  6. Repayment. Lawsuit loans in Oregon are non-recourse, meaning you only repay the loan if you win your case. If your case doesn’t result in a favorable outcome, you owe nothing.
  7. Case Resolution. Once your case is resolved, the settlement or judgment amount is used to repay the loan, and any remaining funds are yours to keep.
  8. Transparent Process. Throughout the entire process, we prioritize transparency, ensuring you fully understand the terms and conditions of the loan.

We pride ourselves on offering an easy and accessible lawsuit loan process in Oregon, allowing you to focus on pursuing your legal case with peace of mind.

When you receive a cash advance through our lawsuit funding services, you have the freedom to use the funds as needed to cover various everyday expenses, such as:

– Medical Bills

– Rent or Mortgage Payments

– Utility Bills (Electricity, Water, Gas)

– Groceries and Household Expenses

– Car Payments or Repairs

We understand that financial challenges can arise during the course of a legal case, and our cash advances are designed to help you maintain stability and focus on your legal matter.

Whether you need to cover medical treatments, housing costs, or other essential expenses, a cash advance, legal funding can provide the necessary relief and peace of mind while your case progresses.

Understanding how Oregon’s personal injury laws impact pre-settlement funding is crucial for both plaintiffs and funding providers. Oregon’s personal injury laws encompass several critical aspects that individuals should be aware of when seeking compensation for injuries resulting from accidents or incidents.

Here’s an informational overview of its key aspects:

Statute of Limitations

Oregon, like other states, imposes a statute of limitations. This legal deadline allows injured parties two years from the date of the injury to initiate a lawsuit. Failing to meet this deadline may result in the court dismissing the case. It’s crucial to grasp the significance of these limitations, understanding how they apply to your specific situation, and leaving ample time to address your injury claim, if necessary.

Statute of Limitations Extensions

Circumstances exist where the statute of limitations can be extended or temporarily paused. If the injured party was a minor at the time of the incident or had a “disabling mental condition,” they are entitled to an extra year to file a personal injury lawsuit once they come of age or are declared legally competent. The filing deadline is generally extended for no more than five years in these scenarios.

Modified Comparative Negligence

In situations where multiple parties share responsibility for an accident or injury, Oregon follows the “modified comparative negligence” rule. Under this rule, the amount of compensation an injured party receives is reduced in proportion to their percentage of fault.

If the injured party is found more than 50% responsible, they may not be entitled to any damages. To illustrate, if the injured party bears 10% of the fault for an accident and the other party is 90% at fault, the awarded damages will be reduced by 10%.

Damage Caps

Oregon places specific caps on non-economic damages, such as pain and suffering, but these limits only apply to wrongful death cases, capping such damages at $500,000.

In standard personal injury cases, there is no universal cap on non-economic damages. Importantly, Oregon’s appeals courts have deemed the previous cap law unconstitutional, further highlighting the evolving nature of these regulations.

Caps on Damages Under the Oregon Tort Injury Claims Act

Injury claims involving government entities are subject to distinct caps. The limitations depend on when the injury occurred and whether the claim pertains to the state government or a local municipality. These caps aim to ensure that government liability does not lead to excessive financial burdens.

Understanding the legal landscape in Oregon is crucial for both plaintiffs and pre-settlement funding providers. It ensures that the funding process aligns with the state’s laws and regulations and provides a clear understanding of the potential risks and benefits associated with pursuing a lawsuit loan.

What are Oregon Lawsuit Loans?

Lawsuit loans, a financial lifeline for individuals involved in legal battles, provide essential support during the often lengthy and arduous litigation process.

A lawsuit loan, sometimes referred to as pre-settlement funding or legal funding, is a financial tool designed to assist plaintiffs facing financial hardship while awaiting the resolution of their legal cases. This form of funding allows individuals involved in various types of lawsuits, including personal injury, product liability, or medical malpractice, to access a portion of their anticipated settlement or judgment before the case concludes.

The primary purpose of a lawsuit loan is to help plaintiffs cover essential expenses that may accrue during the legal process. This can include medical bills, rent or mortgage payments, utility bills, and daily living expenses.

Importantly, lawsuit loans are non-recourse, meaning that repayment is contingent upon the successful outcome of the lawsuit. If the case does not result in a favorable settlement or judgment, the plaintiff is not obligated to repay the borrowed funds.

Cities in Oregon Assisted by Mayfair Legal Funding

Whether you’re pursuing a personal injury claim, a product liability case, or any other legal matter, our lawsuit loans are available to residents of these cities and beyond. These funds can help individuals cover medical bills, living expenses, and other costs, ensuring that the pursuit of justice is not hindered by financial constraints.

We are dedicated to providing support to plaintiffs throughout Oregon, including those in its major cities, to help them navigate the legal process with confidence and financial stability:

  • Portland
  • Eugene
  • Salem
  • Gresham
  • Hillsboro
  • Beaverton
  • Bend
  • Medford
  • Springfield
  • Corvallis
  • Albany
  • Tigard
  • Lake Oswego
  • Keizer
  • Grants Pass
  • Oregon City
  • McMinnville
  • Redmond
  • Tualatin
  • West Linn
Types of Pre-Settlement Funding We Service

Our company understands that accidents and injuries can happen in various ways, and we’re here to offer financial support to plaintiffs during their legal journey.

We specialize in providing pre-settlement funding for a wide range of personal injury cases, such as the following:

Motor Vehicle Accidents

Slip and Fall Incidents

– Medical Malpractice Claims

Product Liability Lawsuits

Dog Bite Incidents

Workplace Injuries

Our goal is to assist individuals who have suffered injuries and are pursuing compensation for their losses in these and other types of personal injury cases. Pre-settlement funding can help plaintiffs cover their immediate financial needs while waiting for their cases to reach a resolution, ensuring that they can navigate the legal process without the added stress of financial hardship.

Oregon Lawsuit Funding Laws and Regulations

In Oregon, lawsuit funding is governed by specific laws and regulations designed to protect both consumers and lenders. Understanding these regulations is crucial for anyone seeking a lawsuit loan in the state.

In Oregon, pre-settlement funding functions within an unconventional legal framework, one that lacks dedicated state statutes to comprehensively oversee or control these financial agreements. It’s worth emphasizing that although there isn’t a specific set of regulations that directly address pre-settlement funding, Oregon maintains existing interest and usury laws, particularly ORS 82.010, which continue to be applicable in most loan-related transactions.

Despite this lack of statutory regulation, the courts typically honor and validate these agreements, making pre-settlement funding a widely accessible and prevalent option for individuals facing financial constraints during legal proceedings. This legal environment fosters a common and unhindered availability of pre-settlement funding, providing valuable financial support to plaintiffs in need.

These laws play a pivotal role in guiding and ensuring the fairness of financial arrangements in the absence of dedicated pre-settlement funding regulations.

Understanding these laws and regulations is essential for consumers looking to secure a lawsuit loan in Oregon. Mayfair adheres to all applicable state laws and regulations, ensuring a transparent and compliant lending process for plaintiffs throughout the state. Our commitment is to provide financial support while upholding the highest standards of fairness and legality.

Take Action Today with Mayfair Legal Funding

Ready to secure the financial support you need? Contact Mayfair Legal Funding now to explore your Oregon lawsuit loan options. Our experienced team is here to assist you every step of the way.

Top-Ranked Oregon Personal Injury Lawyers

Hiring the right personal injury attorney in Oregon is crucial for the success of your claim. Competent and experienced lawyers bring a wealth of knowledge, negotiation skills, and courtroom expertise to your case.

They understand the intricacies of Oregon’s personal injury laws, including the statute of limitations, comparative fault system, and other regulations that may impact your claim.

1. Patrick Angel, Angel Law, P.C.

385 1st Street Suite 215

Lake Oswego, OR 97034

503-862-8666

2. Jane Paulson, Paulson Coletti Trial Attorneys PC

1022 NW Marshall Street, Suite 450

Portland, OR 97209

(503) 226-6361

3. CJ Graves, Graves & Swanson, LLC

707 SW Washington St, Ste 600

Portland, Oregon 97205

(503) 406-2140

4. J. William Savage, Savage Law Firm

620 SW 5th Ave , Suite 1125

Portland OR 97204

(503) 536-1991

An experienced attorney can help you navigate the complexities of your case, gather evidence, negotiate with insurance companies, and represent your interests in court if necessary. They work tirelessly to ensure that you receive fair compensation for your injuries, medical expenses, lost wages, and pain and suffering.

Whether you’ve been injured in a car accident, a slip and fall incident, or any other type of personal injury, a skilled attorney can be your strongest ally in seeking the compensation you rightfully deserve.

Oregon Updated Auto Accident Statistics

According to the latest crash data report by the Oregon Department of Transportation, Oregon has experienced a concerning trend in traffic fatalities and accidents, which has raised alarm among residents and authorities. The latest data on auto accidents in Oregon reveals some troubling statistics.

Portland witnessed the highest number of traffic deaths in over three decades, with 63 fatalities recorded in the city last year. Shockingly, 27 of these fatalities were pedestrians, marking the highest number of pedestrian deaths in Portland in half a century.

The Portland Police also reported an even higher figure, with 67 traffic deaths, including circumstances like medical crises leading to accidents. This number also included 29 pedestrian fatalities.

The increase in fatalities extended beyond Portland, as Oregon as a whole saw 581 people lose their lives in car crashes in the last year, representing a 15% increase from the previous year.

Several factors contribute to this alarming trend, including the impact of the pandemic. With fewer cars on the road, some drivers have been engaging in reckless and high-speed driving, with reports of drivers exceeding 100 miles per hour. Police enforcement has also been hampered by staff shortages, making it challenging to address risky driving behaviors effectively.

The increase in traffic fatalities raises concerns about pedestrian safety and road design, with many streets not adequately designed to protect pedestrians. Efforts are underway to redesign roads with high crash rates and improve safety measures, such as adding bike lanes, sidewalks, and pedestrian-friendly infrastructure.

While these efforts are commendable, the rise in deaths, particularly among vulnerable communities, highlights the need for further action and equitable road safety initiatives. Experts emphasize the importance of reducing vehicle speeds, improving street visibility, and investing in a transportation system that prioritizes safety for all road users.

Addressing this issue requires collaborative efforts from public officials, experts, and communities alike to make Oregon’s roads safer for everyone and reduce traffic accidents and fatalities.

Quick Facts 2019 2020 2021 3-Year Trend
Traffic fatalities 640 654 762
Serious injuries (A only) 2225 2061 2094
Serious + minor injuries (A+B) 12305 10644 11619
Unrestrained occupant fatalities 208 227 259
% of occupant fatalities who were unrestrained 47.3% 49.7% 48.2%
Alcohol-related fatalities* 165 199 195

Don’t delay; call us at (888) 357-1338 to get started on your path to financial peace of mind with us.