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New Jersey Legal Loan

New Jersey Lawsuit Loans

Do you need a lawsuit loan in New Jersey.   Direct Legal Funding can assist with a loan against lawsuit.  Direct Legal Funding provides this legal funding throughout New Jersey and can quickly and easily get your deal done and get cash to your hands in a very short period of time.

In New Jersey we extends legal loans on lawsuits and make lawsuit advances 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.

All of the above types of cases are eligible for Lawsuit Funding however car accidents are the most common type of case in New Jersey that qualify for legal loans on the lawsuit.

New Jersey operates under  a modified comparative fault 51% rule for auto accidents.  Consult with your personal injury attorney to know your rights and obligations as rules these rules are complex and often are changed.  Under this rule an injured party can only recover if it is determined that his or her fault does not reach 51%.  If the injured party was 50% or less at fault, he or she may still recover damages.  In other words, a plaintiff may have caused half of the accident and still recover damages from the court, but if it is found that the plaintiff’s fault was responsible for more than half of the accident, that plaintiff is no longer eligible to receive any damages determined by the court.  If the plaintiff qualifies in New Jersey, as in a pure comparative negligence state, a plaintiff’s recovery is reduced by the degree of his or her fault.

New Jersey Minimum Liability Coverage • Bodily Injury for One Person: $15,000 • Bodily Injury for All Injuries: $30,000 • Property Damage: $5,000

This means that for each individual occurrence a single plaintiff can draw on at least a minimum of a $15,000 policy.  However if there are multiple plaintiffs bringing case on the same accident they may all be drawing on a $30,000 policy to satisfy all of the claims. These limits are quite low and many insurance agents suggest getting an underinsured policy in case a driver carrying these low limits causes serious injury to you in an auto accident.

New Jersey also requires a minimum of $15,000 in personal injury protection. Personal injury protection car insurance simply provides a set amount (in this case $15,000) to be used towards the hospital bill of you and any passengers in your car at the time of the accident. New Jersey is considered a choice state when it comes to auto accidents.  Choice states allow drivers to choose between tort liability and no-fault car insurance policies. Drivers who effect tort liability policies have coverage which permits the policyholder to sue at-fault drivers in car accidents. Drivers who effect no-fault policies make first-party claims on their own insurance companies in the event of a car accident, and their ability to sue at-fault drivers is limited as in no-fault states. Drivers can switch between the tort liability and no-fault systems, by cancelling their policies and effecting new ones.

Direct Legal Funding extends Lawsuit Loans, legal loans and Lawsuit Funding throughout the US and New Jersey including Patterson, Newark, Trenton, Passaic, Clifton, East Orange, Union City, Jersey City, Camden, Elizabeth and all other cities in New Jersey.