If you need Tennessee Lawsuit Loan or Tennessee lawsuit funding, Direct Legal Funding can provide it. Direct Legal Funding is happy to assist plaintiffs with Tennessee loans on lawsuits if they need a hand in getting cash to pay bills, pay the rent, make vehicle repairs or cover other cost of living expenses.
Direct Legal Funding legal loans on lawsuits and lawsuit advances in Tennessee to plaintiffs with the following cases: Car Accidents, Jones Act, medical malpractice cases, personal injury claims, labor law cases, tractor trailer accidents , burn victims, verdicts on appeal, workers compensation, slip and fall cases, negligence cases, premise liability cases, auto accidents, settled cases and more.
While Direct Legal Funding provides cash advances on all types of cases, car accident injury advances are the most popular type of legal loan extended by Direct Legal Funding in Tennessee.
Law enforcement in Tennessee requires you to prove that you meet the minimum liability limits for auto insurance coverage. Therefore, you must carry proof of insurance in your vehicle while operating it. Currently, Tennessee state law requires minimum bodily liability limits of $25,000 per injured person up to a total of $50,000 per accident, and minimum property damage liability limit of $10,000. This is often listed as 25/50/10 coverage. These minimum insurance limits are in the upper middle range of insurance minimum in states throughout the United States.
Tennessee follows a 50% rule for negligence in an auto accident. In states such as TN, following a modified comparative fault 50% rule, an injured party can only recover if it is determined that his or her fault in causing the injury is 49% or less. If the injured party’s fault level reaches 50%, he or she cannot recover any damages resulting from the accident. As these laws are somewhat complex and constantly changing – please consult with a personal injury attorney to know your rights and obligations.
Tennessee law is built on a tort system which means in each vehicle accident a responsible party must be named and that person will be held accountable for the damages. Failure of that individual to pay for the damages will result in either heavy fines or jail time; either way, an appearance in front of a judge will be mandatory.
The person deemed at fault is responsible for all damages. Damages are usually handled through the at-fault person’s insurance company. Because Tennessee is a Tort state, most insurance companies recommend that driver’s consider carrying higher coverages than the state minimums.
Direct Legal Funding extends Legal Loans and Loans against Lawsuits across all of the US and Tennessee including Knoxville, Nashville, Memphis, Chattanooga, Clarksville, Murfreesboro, Jackson, Johnson City, Kingsport, Franklin and all other cities in the State of TN.