When you’re pursuing a personal injury claim and struggling to pay bills while your case proceeds, you might search for North Dakota lawsuit loans to help you through this difficult time.
Pegasus Legal Capital provides a safer option than traditional loans. We offer non–recourse pre–settlement funding, which means you only repay us if you win your case. Unlike a normal lawsuit loan, if your lawsuit doesn’t result in a recovery, you owe nothing and keep the money we advanced.
Insurance companies know that struggling plaintiffs will settle for less money just to get cash immediately. When you have funding to cover your expenses, you can reject inadequate offers and wait for fair compensation.
Our process is fast and simple, with most decisions delivered within 4-6 hours and funding typically arriving in 24-48 hours after approval.
Coordinating Funding with Your Attorney
When you apply for funding, we immediately reach out to your attorney to verify your case details. Your attorney provides essential information we need to evaluate your case, including facts about the accident or incident, details about liability and who’s at fault, how much your case could be worth, and how long they think it will take.
Your attorney reviews the funding agreement before you sign it. They ensure you understand the repayment terms and that the advance amount is reasonable compared to your expected settlement. Good attorneys protect their clients by reviewing funding agreements carefully and raising concerns if terms seem unfavorable.
Settlement proceeds typically go to your attorney’s trust account first. Your attorney then distributes the funds according to the settlement agreement, paying off any liens, repaying the pre-settlement funding company, taking their fee, and giving you the remaining balance.
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Eligibility Requirements and Case Types
Your lawyer must be willing to work with us and give us the information we need about your case. Beyond that, we need little information to qualify your case for pre-settlement funding. This is different from North Dakota lawsuit loans, which often need credit scores or income verification.
We give pre-settlement funding for many case types, like:
- North Dakota personal injury lawsuits: We offer non-recourse legal funding for motor vehicle accident cases, slip and falls, and other personal injury claims. This is the most common type of case we fund.
- North Dakota labor law lawsuits: In some states, we can offer pre-settlement funding for labor law settlements, especially in industries with special workers’ compensation laws. Our cash advances help workers who are waiting on settlements under state labor laws.
- North Dakota FELA lawsuits: If you’re a railroad worker pursuing a FELA claim, Pegasus can provide fast, risk-free legal funding while your case progresses.
- North Dakota wrongful death lawsuits: If you have lost a loved one and the insurance company is dragging its feet, don’t suffer further. Pegasus Legal Capital can help you cover expenses while you pursue compensation.
- North Dakota medical malpractice lawsuits: Medical malpractice claims can take years to resolve. You need money now, and we can provide it upfront. You only need to repay it if you win.
Paying Medical Bills While Awaiting Settlement
Injuries from accidents often require immediate emergency treatment, surgeries, hospital stays, physical therapy, and ongoing medical care. These services are expensive, and medical providers expect payment. Even with health insurance, you face deductibles, copays, and services that insurance doesn’t cover.
Many medical providers agree to treat personal injury patients on a lien basis, meaning they wait for payment until your case settles. However, not all providers offer this option, and those that do often still send bills and collection notices. Collection agencies may contact you repeatedly, damaging your credit and adding stress to an already difficult situation.
Pre-settlement funding gives you money to pay medical bills and stop collection efforts. Having money early protects your credit score from damage that occurs when medical bills go to collections. It also helps maintain good relationships with healthcare providers who might still be treating your injuries.
Early Money Helps Strengthen Your Case
Paying medical bills during litigation can also strengthen your case. When you continue receiving recommended treatment rather than delaying care due to cost concerns, you document your injuries more thoroughly.
Complete medical records showing consistent treatment help prove the severity and duration of your injuries. Insurance companies have a harder time arguing that your injuries weren’t serious when your medical records show months of treatment.
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About Pegasus Legal Capital
Pegasus Legal Capital has provided pre-settlement funding solutions since 2008, serving over 15,000 clients nationwide. We’ve funded more than $500 million in advances to personal injury plaintiffs who needed financial support while their cases progressed through the legal system.
We offer funding amounts from $500 to $6 million, depending on your case’s expected value. Whether you need help with one month’s rent or substantial funds to cover extensive medical treatment, we can cover your costs. Our bilingual staff provides service in English and Spanish.
Working with Pegasus Legal Capital is risk-free. You only repay us from your settlement proceeds, and only if you win. If your case doesn’t result in a recovery, you keep the money we advanced and owe us nothing.
Your pre-settlement funding consultation is free ā contact us today!
How to Choose a Reputable Funding Company
Look for membership in the American Legal Finance Association. ALFA members agree to follow ethical guidelines and industry standards. This membership signals that a company is committed to transparency and fair dealing. Pegasus Legal Capital is an ALFA member, which means we follow these important standards.
Check whether the company is a direct funder or a broker. Direct funders like Pegasus Legal Capital provide the money themselves and work with you throughout the process.
Brokers act as intermediaries who find funding from other sources and charge fees for their services. Working directly with the funder usually results in better terms and faster processing.
Ask about fee structures and get everything in writing. Reputable companies clearly explain their fees and provide written agreements that detail all costs.
You should understand exactly what you’ll repay under different settlement scenarios. Be wary of companies that are vague about fees or reluctant to provide written documentation.
Get The Funding You Need Without a North Dakota Lawsuit Loan
If you‘re searching for North Dakota lawsuit loans but want the protection of non–recourse funding, contact Pegasus Legal Capital for a free consultation. Don’t let financial pressure force you into an unfair settlement when risk-free funding is available.
We’ll explain how our cash advances work, what amount you might qualify for, and answer all your questions about the process. Call now to learn your financial options.
Your pre-settlement funding consultation is free ā contact us today!