Nevada Lawsuit Loans
Lawsuit loans and pre-settlement funding is now available to plaintiffs with pending personal injury claims in the Silver State. Find out how a Nevada lawsuit loan can help eliminate financial challenges while you’re waiting for your case to settle.
Dealing with a personal or workplace injury suit involves pain and confusion. Just going through a rapid succession of lawyer meetings, court proceedings, and medical appointments is no small feat. And if you’re bedridden because of the accident, you have to wait to recuperate fully before filing a claim.
It doesn’t help that the legal process is conventionally slow. Or that you’re facing a loss of employment or reduced hours at work. Yet, somehow, you’re expected to be on top of your medical bills, mortgage and car loan repayments, co-pays, and living expenses every single time.
Facing all of these issues at once can take a toll not only on your physical recovery but also on your emotional, financial, and mental health.
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How Pre Settlement Loans in Nevada Can Help
You may feel like being sucked into a loop. It starts as soon as you’re taken to the emergency room and treated for your injuries. And once you file a liability claim, the insurance company can delay settlement negotiations until you’ve undergone the full course of treatment and recovery.
Courts are also notorious for following a ridiculously lengthy timeline.
Naturally, as a plaintiff stuck in this situation, your anxiety might be through the roof. Psychologists have a name for the litigation-related emotional injuries you’re experiencing: “critogenesis” or “litigation response syndrome.” Also, a protracted legal battle can prolong your healing process.
These conditions could aggravate the post-traumatic stress disorder (PTSD)-like symptoms you might already have due to the traffic accident. According to the American Academy of Family Physicians (AAFP), “it is estimated that 9 percent of survivors of serious accidents develop significant post-traumatic stress symptoms and that many other survivors have PTSD-like reactions.”
Add the fact that in this emotionally distressing time, you’ve also lost your source of income. For many plaintiffs, facing financial challenges in the middle of it all is plain inevitable.
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Falling behind bills is all too familiar among accident victims and their families as their lawsuit drags on.
For those who qualify, workers comp or short-term disability benefits can tide them over for a time. But these tend to run out fast, too. With savings wiped out, no job prospects, or reduced hours, there’s not much the injured plaintiff can do.
Medical bills make up a considerable part of the expenses. But spending on the basics like food, rent, utilities, car payments, and insurance can also add up.
When you’re strapped for cash while pursuing a civil case in Nevada, pre-settlement funding – sometimes called “lawsuit loans” or “settlement loans” – may be the risk-free, non-recourse option you need to start over. Most personal injury and employment-related cases, except workers’ compensation, are eligible.
Can You Get a Loan on a Car Accident Settlement?
Read on to learn more about this case type and how to obtain a car accident lawsuit loan.
Nevada Motor Vehicle Accident Fact Sheet
CarInsuranceComparison.com has ranked the worst drivers by state using data from the National Highway Traffic Safety Administration (NHTSA). Sadly, Nevada drivers have taken the 10th spot. The state itself has placed 6th on the worst ranking for careless driving.
Nevada also has room to improve when it comes to traffic deaths. In 2018, there were 330 killed in motor vehicle crashes in the state, an increase from the 311 fatalities the previous year.
Nevada Fatalities by Crash Type
|Total Fatalities (All Crashes)||311||330|
|Involving a Large Truck||37||24|
|Involving a Rollover||71||74|
|Involving a Roadway Departure||107||114|
|Involving an Intersection (or Intersection Related)||105||105|
If you’ve been involved in an injury-causing car crash, you can file a claim against the liable party. To recover your losses, you must prove that the defendant was negligent, and their actions led to the accident. You must also establish a direct link between your injuries and the collision.
Unfortunately, civil lawsuits can take a while because of the age-old delaying tactics of insurance firms. Couple that with the slowpoke justice system, and you might just reach the end of your rope before anything ever moves forward.
Plaintiffs can find themselves in a financial bind as they continue to get treated, work reduced hours or lose their job altogether, and cover the basic costs of living without a settlement or judgment in sight. This is why many rely on car accident lawsuit loans to keep going.
You can also apply for Nevada pre-settlement funding by filling out this form or calling us at (877) 932-2628.
Can You Get Settlement Loans in Nevada for Employment and Workplace Injury Lawsuits?
Individuals with employment discrimination and third-party workplace injury lawsuits can apply for pre-settlement cash advances in Nevada. Employment-related claims include workplace discrimination, sexual harassment, and workplace injury resulting from the actions of a third party.
Like in other states, Nevada employees are protected by the Equal Employment Opportunity Commission (EEOC). If you’ve experienced discrimination, harassment, or injury at work, you may file a complaint with the EEOC even without a lawyer. Take note that an EEOC complaint is different from a lawsuit, which the agency can file for you if your employer does not submit to its sanctions.
EEOC lawsuit funding is available for cash-strapped plaintiffs in Nevada.
Workers Comp Pre Settlement Loans
Unfortunately, workers comp loans are not available in Nevada.
However, you may be eligible for lawsuit loans if your injury involves a third-party liability claim, in addition to your workers comp claim.
Legal Funding on Third-Party Liability
This case type involves the plaintiff (the third party) claiming a payout from the insurer of the defendant (the liable party). Some of the common third-party liability claims are automobile accident lawsuits, negligence, premises liability lawsuits, and products liability lawsuits.
A worker filing a third-party liability claim may or may not be covered by workers’ comp. But they can apply for a settlement loan to help them recoup their losses before their case settles.
Lawsuit Loans on FELA Railroad Settlements in Nevada
While railroad workers are not covered by workers’ comp, they can sue their employers and claim damages under the Federal Employers’ Liability Act (FELA). This law seeks to protect railroaders who sustained an injury or illness due to the dangers they encountered at work.
Some of the conditions experienced by railroad workers are back injuries, brain injuries, burns, crush injuries, and disfigurement. The pain and suffering that come with any of these can derail the career, health, and finances of a railroad employee. A FELA-related lawsuit can help them recover.
But if settlement negotiations are going nowhere, you can buy some time to pursue the compensation you deserve through FELA lawsuit funding from TriMark.
Can You Get Medical Malpractice Lawsuit Funding?
If you suffered a disability or disease due to the negligence of a healthcare practitioner or entity, you can file a medical malpractice (med mal) claim. An unnecessary surgery or failed diagnosis can fall under med mal.
In the lawsuit process, you will be required to prove that the defendant breached the standard duty of care, and the breach directly caused your condition.
Usually, a medical malpractice suit can last in six months or less. But your chances of getting fair compensation or settlement is low. If you want to take your case to the finish line, you have to prepare for bureaucratic drudgery that averages 16.9 months. The waiting game will test your patience and resolve.
To help you handle out-of-pocket costs during hospital visits, daily expenses, and other mounting bills and debt, apply for a Nevada lawsuit loan today.
Can You Get Premises Liability Lawsuit Funding?
If you’re a victim of slip and fall, drowning in a pool, or a dog bite, you can sue the owner or manager of the property where the accident occurred provided they were negligent. A premise liability claim can help you recover the losses you suffered due to an injury.
Aside from proving standard of care was breached, you must also establish a causal link between the breach and the accident. Then, it’s time to enter into negotiation where the insurer of the land owner may attempt to delay the case or dangle a lowball offer to see if you’ll take the bait.
Meanwhile, bills are accumulating faster than it takes your lawsuit to resolve. As a backup plan, you should have ready cash to avoid paying more in interests and other fees. If you’re stuck in a financial limbo, a Nevada lawsuit loan may be worth considering.
Noteworthy Attorneys in Nevada
Each year, Super Lawyers recognizes the top lawyers in Nevada. This year, Nevada lawyers were recognized among others who are practicing in the Mountain States.
Boyer Law Group
|2||Dana A. Dwiggins|
Solomon Dwiggins & Freer, Ltd.
|3||Jean E. Faure|
Faure Holden Attorneys at Law, PC
|4||Dara J. Goldsmith|
Goldsmith & Guymon, PC
|5||Avece M. Higbee|
Marquis Aurbach Coffing
Wendy Holton — Attorney at Law
|7||Julie A. O’Halloran|
Geittmann Larson Swift, LLP
|8||Erika Pike Turner|
Garman Turner Gordon LLP
|9||Paola M. Armeni|
Clark Hill PLC
|10||Brett A. Axelrod|
Elsaesser Anderson, Chtd.
|2||J. Randall Jones|
Kemp Jones, LLP
|3||Richard D. Burbidge|
Burbidge | Mitchell
|4||Paul J. Hickey|
Hickey & Evans, LLP
|5||Dennis L. Kennedy|
Bailey Kennedy LLP
|6||John R. Lund|
Parsons Behle & Latimer
|7||Carey E. Matovich|
Matovich, Keller & Huso, P.C.
|8||Daniel F. Polsenberg|
Lewis Roca Rothgerber Christie LLP
|9||Alan L. Sullivan|
Snell & Wilmer L.L.P.
|10||Francis M. Wikstrom|
Parsons Behle & Latimer
Apply for Pre-Settlement Funding in Nevada
As laws and regulations have changed to allow lawsuit funding in the state, TriMark Legal Funding is among the first to enter the Nevada market starting in September 2020. We have more than 17 years of experience in providing pre-settlement funding, and we’re more than excited to extend this option to Nevadans with pending personal injury suits.
We offer a minimum funding amount of $25,000 to qualified individuals. Depending on the merits of your case, you can advance up to 20% of your settlement’s projected net value. If your lawsuit is already settled, you can take home up to 50% of your settlement value minus deductions.
We also have the lowest non-compounding rates in the state for both pre-settlement and post-settlement funding.
Take advantage of our quick and easy process, from application to review to approval!
Apply online or call us at (877) 932-2628, and one of our friendly representatives will be happy to take your application over the phone.