New Mexico Legal Funding
Quick Pre-Settlement Loans in New Mexico
- Cash in advance
- No-win, no-fee
- Qualify in minutes
- Rapid and easy process
Are you a resident in search for pre-settlement lawsuit loan funding in New Mexico?
Experiencing a lawsuit settlement is sure to bring you a great deal of stress and financial strain. Dealing such matters might leave you empty-handed for the entire process steals away half of an individual’s income and forces them to have a really tough time at work because of the excessive holidays to be present at court.
Therefore, Rapid Lawsuit Funding exists to make life easier for you and helps you get a loan for your lawsuit in New Mexico with just a few clicks! The efficient customer service at Rapid Lawsuit Funding will assist you with all your queries and make sure you have no doubts left regarding your approval for your pre-settlement loan.
Lawsuits regarding personal injuries are usually very complicated and the settlement takes either months or years depending on the complexity of the case. Here, the insurance companies play a very clever role and use their tactics to try and postpone the process as much as they can which results in the plaintiff giving up all their money and being forced to agree on an amount lower than their expectations.
With Rapid Lawsuit Funding by your side, you will not have to bother about anything at all. We are available to cover you up by granting you the settlement amount you really deserve. Turn the odds in your favour while competing with your opponent by opting for Rapid Lawsuit Funding. In short, if you are going through a personal injury lawsuit in New Mexico, we promise to have your back. To add in more information, Rapid Lawsuit Funding makes sure that their lawsuit findings do not involve any risks and in case you lose your case for whatever reasons, we would not charge a single dime from you which is simply amazing!
New Mexico Lawsuit Loan Requirements
The first step to file your application for lawsuit loan funding in New Mexico includes providing your name, valid contact number and your attorney’s details.
- No Background Credit Checks
- Rapid Lawsuit Funding does not look into your credit history or consider it in order to offer you a cash advance.
- Simple Application Process
- Our application process takes mere minutes, and all we need is a conversation with you to fill out the paperwork.
- Only Pay Back When You Win
- Rapid Lawsuit Funding’s pre settlement loans are non-recourse, which means that if you lose your lawsuit, you don’t have to pay back our cash advance.
Being our customer, there’s nothing to lose. You aren’t obliged to repay the advance upon losing your lawsuit.
Laws and Regulations of Lawsuit Funding in New Mexico
Important New Mexico Legal Information
Avg. Funding per case from Rapid Lawsuit Funding: Ranges between $500 to $2500000 depending on the intricacy of your case.
Fault Laws: Comparative Fault Plaintiff’s negligence would fall to recovery.
Statute of Limitations: 3 years
Minimum policy limits for bodily injury & property damage:In case of a personal bodily injury $25000 per plaintiff & in case of property damage $10000 per plaintiff
Minimum UIM auto insurance limits: Liability: 25/50/10
Workers compensation eligibility: Employees are not eligible to file a compensation claim
Businesses who have more than three or more employees working in their firm are bound to pay the compensation to any worker who experiences a personal injury on the job. Employers of New Mexico are supposed to carry the workers’ compensation insurance but there is an exception for those organizations and workers which are covered by federal programs such as the Federal Employees’ Compensation Act.
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New Mexico Personal Injury Law: How Does it Affect Legal Funding?
The judicial system of New Mexico revolves around a pure comparative fault rule which indicates that negligence from the plaintiff’s end would adversely affect the amount of compensation that is to be owed. According to New Mexico’s statute of limitations, you are free to file a case against your injury within three years. Just in case you fail to bring it to the court’s attention within the mentioned time period, the court might deny your chance to highlight your lawsuit which will result in you not being able to benefit from the compensation that you deserve. However, there are times when the symptoms of the injury appear much later so the time limit is usually started over again and exceeded. Lack of evidence proving that your symptoms started showing later and the fact that you do not plan to speak up within three years, the court would refuse to pay attention to your case.
The policy of cap limits for New Mexico is quite simple. Non-economic damages of personal injury of a complainant are capped or damages that occur in medical malpractice. The damages mentioned are capped in New Mexico at $600000 which do not include sky-high damages or costs for past and future medical care.
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Car Accident and Fatality Statistics in New Mexico
Lawsuits regarding car accidents in New Mexico are in terms of “fault” or “at-fault” state. In an event where you meet a car accident and the defendant is at fault, you can either sue the driver of the vehicle directly or file a petition at your insurance company if the driver does not have insurance or is underinsured.
When it comes to New Mexico, the number of accidents reported here are deadly. In 2017, fatal crashes numbered to be 591 while a total of 624 traffic-related deaths were reported the same year. Unfortunately, New Mexico has the highest pedestrian fatality rates in America. The research of the New Mexico Department of Transportation illustrated that there were over 80 pedestrian fatalities in 2018 which happened to be highest in the decades.
Rapid Lawsuit Funding happens to be a platform where your current condition is understood and taken in view which is why we offer pre-settlement lawsuit loan funding for people living in New Mexico. We cover legal funding for the following:
- Pedestrian accident
- Car accident
- Tractor trailer accident (truck accident)
- Bus accident
- Bicycle accident
- Motorcycle accident
Get in touch with our legal funding specialists today to get a Free Case Evaluation and find out how much lawsuit funding you could get!
Your Go-to Personal Injury Lawyers in New Mexico
Searching for long-serving skillful and certified lawyers in the state of New Mexico to handle your personal injury lawsuit? The list mentioned below entails the most qualified personal injury lawyers in New Mexico who would love to assist you throughout your lawsuit settlement.
- Ron Bell Injury Lawyers
- 610 7th St NW
- Alburquerque, NM 87102
- Goodwin Law Office
- 1201 Rio Rancho Blvd SE Suite D
- Rio Rancho, NM 87124
- Sanders Law Firm
- 5212, 701 W Country Club Rd
- Roswell, NM 88201
- Samuel I. Kane
- 1018 E Amador Ave
- Las Cruces, NM 88001
- Szantho Law Firm
- 210 Montezuma Ave #200
- Santa Fe, NM 87501
- Arlon L Stroker Atty
- 2713 E 20th St
- Farmington, NM 87402
New Mexico Lawsuit Funding FAQs
How do I know if I qualify for lawsuit funding in New Mexico?
All the complainants in New Mexico who suffer a personal injury for which they are not to be blamed are eligible for lawsuit funding. To be more specific, any individual who has gone through some sort of personal injury in New Mexico is simply subjected to a free and speedy application process.
Is it a lawsuit loan or cash advance?
The lawsuit loan is basically another name for a cash advance which is considered to be non-recourse. This amount is given to decrease the financial burden one has during this tough procedure before the settlement of your case is evaluated and is not to be paid back in case you fail at the hands of your case. Note that, once you receive your settlement amount, the team makes sure to obtain that particular loan amount back from their customers if they win the case.
Does it matter how I spend the lawsuit funding?
No, there are no restrictions and it does not matter either for the amount is in your hands now, therefore, you are required to spend it in whichever way you wish to. People in New Mexico use the lawsuit loan for a variety of purposes which include paying off debts, covering their utility or other important bills, spending on their leisure activities or just afford the day-to-day expenses they have.
Apply For Pre-Settlement Funding in New Mexico Today
At Rapid Lawsuit Funding, we offer legal expertise and unmatchable skills to deal with your pre-settlement loan funding in New Mexico. Our team of funding specialists is available 24/7 to serve each and every personal injury plaintiff. Reach out to us for a Free Case Evaluation and find out all the information you require regarding lawsuit loan funding.
Still have some questions unanswered?
Call us toll-free at (800) 581-7202 to have your questions answered by our panel of knowledgeable funding specialists now!