North Dakota (ND) Lawsuit Loans

Updated on 6/9/2021

This article helps plaintiffs and attorneys alike learn more about lawsuit loans in North Dakota. Below you will find the following information:

Lawsuit funding laws, regulation and relevant ethics opinions in North Dakota

There are no laws regulating pre-settlement financing in North Dakota and advances are not regulated as loans. North Dakota does uphold the champerty doctrine, but lawsuit funding contracts would likely be upheld so long as the lawsuit lending company does not interfere with the case. Most funding companies service the state.

Legal funding case law in North Dakota

In Interstate Collection Agency v. Kuntz, a trial court sided with Kuntz partially because of issues with champerty in the assignment of the claim against Kuntz to the collection agency. On appeal, this stance was reversed. The appellate court cited Rohan v. Johnson stating that case law did not support voiding a contract on the basis of champerty alone.
Source: Interstate Collection Agency v. Kuntz

Can a lawyer lend money to a client in North Dakota?

Depending on the situation, a lawyer may give a client a loan in order to reasonably withstand litigation. This is to avoid clients settling due to financial hardships. This is all detailed in North Dakota’s rules of professional conduct.
Source: North Dakota Rules of Professional Conduct Rule 1.8(e)

Lawsuit loan companies serving North Dakota

Recommended lawsuit loan companies funding North Dakota residents

US Claims Logo

US Claims offers some of the lowest, non-compounding rates in the industry. Many companies claim to offer “the lowest rates in the industry” – we recommend comparing them against an offer from US Claims. to see for yourself.

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Thrivest Link Legal Funding Logo

Thrivest Link Legal Funding offers fair terms with a fast, efficient funding process. Many companies claim to offer same-day or 24-hour lawsuit loans but Thrivest Link Legal Funding often actually makes it happen.

View Thrivest Link Legal Funding’s profile

Lawsuit loan companies located in North Dakota

Compare Lawsuit Loans does not currently cover any local lawsuit lending companies in North Dakota. Local funding companies interested in being included on this page may contact us at [email protected]

Other pre-settlement lawsuit loan companies serving North Dakota residents