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Top lawsuit funding statistics acts for 2022
Pre Settlement Funding in North Dakota
Do you have a pending personal injury lawsuit in the state of North Dakota? Personal injury lawsuits can take many months to settle, leaving you without money to pay medical bills, your mortgage, car payments, groceries, and other living expenses.
North Dakota Lawsuit Cash Advance
Alliance Claim Funding can provide you with a lawsuit cash advance. Sometimes referred to as a lawsuit loan, this “loan” is actually an advance against your eventual lawsuit settlement. A Cash Advance is quite different from a loan. Because a cash advance is considered non-recourse it means that if you lose your case, the money is yours to keep with no strings attached. We only collect if you win your case or obtain a settlement.
Lawsuit Funding in North Dakota
We Provide Lawsuit Funding In 39 States
We make reliable lawsuit funding solutions for plaintiffs that address your urgent financial needs.
- There are No employment or credit checks required
The lawsuit advance is based only on your lawsuit.
- You will not have monthly payments
While you wait for your settlement.
- No out of pocket expenses
All fees are recovered in your settlement.
If you don’t find your answer, feel free to give us a call 888-732-3389
Lawsuit loans are cash advances against an expected lawsuit settlement or judgment. They are also known as pre-settlement funding, and they are offered by many lenders throughout the country, including North Dakota. These types of loans offer several benefits over traditional loans because they require no credit checks or job verifications. Additionally, you only have to pay back the loan if your case is successful—if it is not, then you owe nothing at all.
The process of obtaining a lawsuit loan is fairly straightforward. First, you will need to contact a lender and provide them with information about your case and its potential settlement value. Once the lender has determined that there is enough potential money in the settlement for the loan to be repaid, they will make an offer for a lump sum payment based on an agreed-upon percentage of the expected settlement amount. This amount can range from 5% to 15%. If both parties agree on this amount, then the funds will be released into your bank account within 24 hours.
Lawsuit loans offer many advantages over standard loans from banks or other lending institutions because they do not require any credit checks or job verifications—and best of all, if your case is unsuccessful, you won’t have to pay anything back at all! Additionally, unlike most traditional lenders who often require collateral before providing a loan, lawsuit loan lenders typically don’t ask for any kind of security upfront—which means that even if you don’t have any assets to pledge against a loan repayment plan with traditional lenders, you may still qualify for a lawsuit loan in North Dakota!
Lawsuits can take years to resolve, and making it through the court process often requires money that many individuals simply don’t have. Lawsuit loans provide quick access to cash without requiring any monthly payments until the case is resolved. That way, you can focus on what really matters—the outcome of your case—without worrying about how you will pay your bills or cover other expenses in the interim.
No Credit Checks Required
When applying for a traditional loan from a bank or credit union, credit checks are typically required as part of the application process. This isn’t necessary when applying for a lawsuit loan because these types of loans do not rely on credit scores or histories for approval. Instead, if approved for a lawsuit loan, repayment is based on whether or not your case is successful and allows you to receive money right away regardless of your credit score or history.
Competitive Rates and Fees
At Alliance Claim Funding, we offer competitive rates and fees so that our clients get the best value possible when they apply for their lawsuit loan. We understand that filing lawsuits can already be expensive enough without having to worry about high interest rates and fees associated with obtaining additional funds during litigation proceedings. That’s why we strive to ensure our customers are able to access the money they need at rates they can afford.