A truck accident can lead to debilitating injuries and time off work. If youāve been hurt in a crash with a semi, truck accident pre-settlement funding can help you pay your bills until your claim is settled.
A personal injury claim can drag on for months. If youāve been in a truck accident that resulted in serious injuries or property damage, you may be dealing with a variety of unexpected bills.
Pegasus Legal Capital has provided legal funding to more than 15,000 clients. If youāre struggling to get by while awaiting a truck accident settlement, North Dakota truck accident pre-settlement funding can provide the support you need.
What Is Pre-Settlement Funding?
Pre-settlement funding is a cash advance given to plaintiffs with active legal claims. Itās designed to help you cover essential expenses while waiting for your settlement or court award. Once your case settles, you repay the advance using the money youāve won.
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How Is Pre-Settlement Funding Different From a Loan?
Pre-settlement funding differs from a traditional loan in several ways, including:
- No credit check: Funding decisions are based on the strength of your legal caseānot your credit history or income.
- No monthly payments: You donāt make any payments while your case is pending. Instead, you repay the advance using money from your settlement.
- No risk: If you lose your case, you donāt owe anything.
Since personal injury pre-settlement funding is non-recourse (meaning repayment is contingent on winning your case), itās far safer than taking out a personal loan or running up credit cards.
Who Is Eligible for Legal Funding in North Dakota?
You may qualify for North Dakota truck accident legal funding if:
- You were injured in a truck accident caused by another driverās negligence.
- Youāve filed a personal injury claim against the at-fault party.
- Youāve hired a licensed attorney whoās working on a contingency fee basis.
To determine your eligibility, Pegasus will assess factors like liability, damages, and the estimated value of your case. The stronger your claim, the more likely you are to be approved for funding, and the larger your potential advance.
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How Do I Apply for Truck Accident Pre-Settlement Funding in North Dakota?
The application process for truck accident pre-settlement funding in North Dakota involves these steps:
- Apply online: Youāll provide information about your accident and your lawyer.
- Case review: Pegasus will contact your attorney to review case details, evidence, and potential settlement value.
- Approval and contract: If approved, youāll receive an offer outlining the funding amount, terms, and repayment structure.
- Receive your funds: Once you sign the agreement, the money will be deposited into your bank account.
Your pre-settlement funding consultation is free ā contact us today!
Can I Get Pre-Settlement Funding With Bad Credit?
Even if you have poor credit, you can still qualify for pre–settlement funding in North Dakota. When reviewing your application, Pegasus evaluates your claimās potential payout and your likelihood of successānot your financial history.
Can My Lawyer Stop Me From Getting Pre-Settlement Funding?
Your lawyer canāt forbid you from seeking pre-settlement funding, but they do play an important role in the process. Funding companies like Pegasus need to communicate with your attorney to review your case and ensure repayment when your settlement comes through.
For this reason, itās important to speak to your attorney before applying for a lawsuit cash advance.
How Fast Can I Get Pre-Settlement Funding?
The Pegasus legal funding process is designed to get you the funds you need as quickly as possible. Once approved, many applicants in North Dakota receive their advances within 24 to 48 hours. However, if your case is complex or your attorney is slow to provide documentation, you may have to wait longer.
How Can I Spend My Funds?
Once you receive your pre-settlement advance, you can spend it however you wish. Most truck accident victims use the money to cover essential expenses, such as:
- Medical bills: You can use the funds to pay for doctor visits, physical therapy, or prescription medications.
- Rent or mortgage payments: You can use the funds to stay up to date on housing payments and avoid eviction or foreclosure.
- Utilities and household expenses: You can use the money to pay for utilities, groceries, and other day-to-day bills while waiting for your settlement.
- Transportation costs: You can pay for car repairs, statewide transit, or rideshare services.
Above all, pre-settlement funding is meant to provide financial stability while your lawyer fights for the compensation you deserve.
Submit an Application Today
If youāre waiting on a truck accident settlement in North Dakota, you may be struggling to make ends meet. Fortunately, you donāt need perfect credit to qualify for legal fundingājust a strong case.
The process of obtaining North Dakota truck accident lawsuit funding through Pegasus Legal Capital is fast, simple, and completely risk-free. Apply today to get the cash you need while your lawyer works to win your case.
Your pre-settlement funding consultation is free ā contact us today!