pre-settlement funding in North Dakota include topics of the benefits of pre-settlement funding, comparative negligence, insurance limits for personal injury and auto accidents and who the some of the top attorneys in the state
are
Pre-Settlement Funding in North Dakota
North Dakota is home to a thriving legal system and the ability to receive pre-settlement funding for those seeking to pursue legal claims or those that have been faced with a lawful obstacle that warrants the need for a financial cushion. Pre-settlement funding, also known as lawsuit funding, gives those with a lawsuit the opportunity to receive a cash advance to help pay for bills and everyday life costs prior to the end resolution of their case.
Benefits of Pre-Settlement Funding
There are many benefits to pre-settlement funding in North Dakota, including the ability to alleviate the daily financial stresses of those involved in a lawsuit, while they await the outcome of their case. Pre-settlement funding offers the consumer the ability to pay bills, and still have an income to support himself/herself. Providing much-needed financial relief and allowing them to be able to fight for the resolution that is deserved. The consumer has no payments to make during the entirety of their pre-settlement funding—allowing them repayment of their lawsuit funding once the case is resolved and they win a settlement or court victory. Pre-settlement funding is an excellent way to stay up to date with regular bills, while they wait to attain the compensation they are seeking.
Comparative Negligence
It is important to note that unlike other states, North Dakota follows the Comparative Negligence Rule in personal injury cases—meaning that the award that a victim receives for their injury claim is not only contingent upon the court ruling in their favor, but also is contingent upon the determination of their level of fault. A party in a legal dispute may be found to be partially negligent, or up to fifty (50) percent liable for their own harm, which will lower the amount of the award in a situation.
Insurance Limits for Personal Injury and Auto Accidents
In the state of North Dakota, there is no limit on what a victim of an auto accident or personal injury may receive for their losses due to the negligence of another. The courts in the state allow a claimant to be reimbursed for any out-of-pocket expenses they incurred due to the repercussions of the accident, as well as any sort of lost wages or pain and suffering incurred.
Top Attorneys in the State
North Dakota has some of the most well-known and respected attorneys in the country, as well as many attorneys located in the state that specialize in personal injury and auto accident cases.
Some of the well-respected attorneys for personal injury in North Dakota include Lynn Boughey, Paul Venable, and Marsha Mansfield. Lynn Boughey has been practicing personal injury law since 1985 and has represented numerous clients in catastrophic injury cases, such as car and truck accidents, defective products, and medical malpractice. Paul Venable has been practicing personal injury law since 1997, representing clients in matters related to aviation accidents, truck accidents, medical negligence and marine accidents. Marsha Mansfield has been practicing law in North Dakota since 1981, helping her clients recover awards when they face the misfortune of being injured due to the negligence of others.
Overall, pre-settlement funding in North Dakota is a great way for those turning to a legal system to have the financial wiggle-room to wait for their judgement to be met. Understanding the Comparative Negligence Rule and the lack of personal injury or auto accident insurance limits, individuals can seek the award they deserve without having to worry about the impact their legal matters have upon their cost of living. With some of the most respected attorneys in the nation calling North Dakota home, those looking for a trusted legal expert to fight for their compensation have a multitude of options.
