North Dakota (ND) Lawsuit Loans

Updated on 12/17/2021

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

Lawsuit loan alternatives in North Dakota

Lawsuit loans are expensive. Plaintiffs in North Dakota should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:

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.

View US Claims’ profile

Triumph Legal Funding Logo

Triumph Legal Funding offers competitive rates and fast, friendly service. Triumph favors rolling contracts with pre-approved monthly funding amounts to help clients budget and offer peace of mind throughout the course of their lawsuit.

View Triumph Legal Funding’s profile

Thrivest Link Legal Funding Logo

Thrivest Link Legal Funding offers reasonable funding terms often with simple, non-compounding rates. Their expert underwriting allows them to fund larger sums than many of their competitors. They frequently approve claims for funding within 24 hours.

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]

Regional pre-settlement funding companies that serve North Dakota residents

  • Mustang Litigation Funding – Mustang Litigation Funding is relatively new but quickly growing lawsuit funding company based in Minnesota. They have provided more than $50 million in funds to plaintiffs and attorneys since 2018.
  • Oasis Financial – Oasis Financial is one of the largest pre-settlement lawsuit loan companies in the United States. Oasis has provided funding to more than 250,000 plaintiffs since 2003.
  • Preferred Capital Funding – Preferred Capital claims to be the first pre-settlement funding provider in the US. They receive most of their business directly from referring attorneys.

Other pre-settlement lawsuit loan companies serving North Dakota residents