It doesn’t matter how you look at it, filing a lawsuit isn’t the easiest thing to do.
You need to find the right lawyer, deal with the uncertainty of not knowing when your case will end or settle, and figure out what settlement offer is acceptable for you.
The uncertainty surrounding the timing of your lawsuit is particularly difficult. You may find yourself unable to work, but you still have bills to pay and food to put on the family table.
None of this is ideal for your finances, let alone your health, but what else can you do? One way to alleviate some of the uncertainty surrounding your lawsuit is to take out a lawsuit loan through Injury Wallet.
At Injury Wallet, we help our clients find peace of mind every day by connecting them with the best lawsuit loan rates in New Jersey. Give us a call to see what we can do for you today!
How Lawsuit Funding in New Jersey Can Help Your Case
A New Jersey lawsuit loan will allow you to see your case through to the end. Powerful parties often try to pressure individuals into settling for less than their claim is worth.
When they pressure you to settle quickly, they bet that you need money now, so you will be more willing to accept whatever they offer. If this happens, you are left trying to decide between two undesirable options.
Either paying bills now and not recovering all of the damages you deserve or waiting for the right settlement offer but allowing bills to pile up in the meantime.
With a New Jersey lawsuit loan, you can both wait for the settlement offer you deserve and take care of your financial needs in the meantime.
Keep More of Your Money with New Jersey Settlement Loans
At Injury Wallet, we offer our clients a unique service that alleviates the stress and uncertainty that accompanies the personal injury claim process.
To fulfill our end of the bargain and help you as much as we can, our goals at Injury Wallet are threefold:
- Helping you save money and relieving the financial stress that often accompanies filing a lawsuit;
- Finding you the best possible interest rate on your lawsuit loan in New Jersey; and
- Saving you time, effort, and potential uncertainty that inevitably comes with shopping around for the best deal.
Ultimately, we aim to ensure that when your lawsuit settles, you get the settlement you deserve. The more of your settlement that goes toward interest payments, the less of it you can use to right the harm done to you.
You can have money in your pocket in as little as 72 hours, so don’t wait. Get started with Injury Wallet today!
Questions and Answers (Q & A)
At Injury Wallet we understand that lawsuit loans in NJ are a relatively new type of financial instrument. As a result, you probably have a few more questions for us than you might have when taking out a typical loan from the bank.
To help our clients make an educated decision on whether to seek pre-settlement funding in New Jersey, we took stock of some of the most common questions we get about our lawsuit loans.
If you don’t see your question listed below, give us a call and we will see what we can do to help.
How Does Injury Wallet Get the Best Rates on Lawsuit Loans in New Jersey?
Injury Wallet is able to provide the best rates on lawsuit loans in New Jersey by maintaining working relationships with the nation’s top lawsuit lenders.
Because we have a working relationship with these lenders, we get the best interest rate offers that our partners have.
Furthermore, our loan experts know how to spot surprise fees, interest rates, and other additional expenses. With our experts vetting every loan offer, you can borrow with confidence.
How Much Can I Borrow?
The amount of money that you can borrow depends on two factors:
- The value of your claim and
- Your claim’s chances of success.
You can never borrow more than your settlement’s projected value. Thus, that is the typical ceiling for any pre-settlement funding.
Your case’s chances of success also impact both your interest rate and maximum loan amount. Essentially, the more likely you are to win your case, the more you can borrow.
Can I Take Out a Second Loan?
If you haven’t already borrowed the maximum amount allowable on a given claim, you can always take out a second lawsuit loan. That said, the total sum of the two (or three) loans that you borrow cannot exceed your settlement’s projected value.
What Car Insurance Minimums Does New Jersey Impose?
New Jersey imposes both a minimum and maximum threshold on the amount of liability insurance a driver must carry.
These numbers are important to keep in mind, as the higher your damage value, the more likely it is that you will have to file a lawsuit. You can find both the minimum and maximum amounts here.
When push comes to shove, if the damages in your claim exceed $15,000 or $25,000, the chance that you will have to sue to recover those damages goes up. It is best to speak with your attorney about whether a lawsuit is necessary as soon as possible.
How Long Do I Have to File a Lawsuit in New Jersey?
In New Jersey, you need to file your civil claim within the statute of limitations. For personal injury damage in New Jersey, you have two years from the date of the injury to file your lawsuit.
For property damage, the limit is six years from the date of the damage. If you were in a car accident and need to file a lawsuit, it is crucial that you keep both statutes of limitations in mind. Once they expire, they expire.