Lawsuit loans in Iowa can be fast to obtain. Similarly, legal funding for your lawsuit can be obtained within 24 hours of your application’s approval by our underwriters. For this reason, lawsuit funding is as effective as a lawsuit cash advance or settlement loan. Not to mention, there is no risk on our clients when working with a reputable legal funding company like High Rise Financial.
Personal Injury Law in Iowa
The court’s apply a comparative fault rule when analyzing the parties’ liability in the state of Iowa. This means that if you the plaintiff are found to be 50% or more at fault, you could be barred from collecting any monetary settlement or recovery in connection to your case. If you are 49% or less at fault, you may be able to collect some compensation.
The statute of limitations in Iowa is two years to file a claim in court for your personal injury lawsuit. The clock typically starts to run at the time of the injury causing accident. Failure to comply with the statute of limitations (sol) could forfeit your legal claim, based on this procedural rule.
Plaintiffs in Iowa can choose to file their lawsuit or claim in court or against the insurance company directly since Iowa is a “fault” or “at-fault” state. Also, there is no cap on econommic or non-economic money damages in Iowa for personal injury cases.
Legal Personal Injury Claims that Qualify for Pre-Settlement Loans or Funding
High Rise Financial offers lawsuit funding to cases that stem from a personal injury accident. Such accidents range from vehicular and auto to more complex questions of liability involving claims of slip and falls, medical malpractice, nursing home negligence and more. Dog bite attacks are also a case type that qualifies for legal funding. Pre-settlement loans and lawsuit cash advances may be advertised as being the easy fix and resource to personal injury plaintiffs. However, lawsuit loans carries a risk that legal funding does not. This is why our clients opt to work for High Rise Financial, a reputable lawsuit funding company that carries 100% of the risk when funding your case.