Georgia Lawsuit Loans
Uplift Legal Funding provides non-recourse lawsuit loans in Georgia. With a population of 10,214,860, Georgia is the 8th largest state in the United States, and ranks 27th for per capita fatal injuries (D.C. included).
Uplift developed a funding-ease scale for plaintiffs. This scale helps plaintiffs understand what part their state plays in lawsuit loan decisions. On a scale of 0 to 10, Georgia scores a 10.0. This means that we consider it very easy for plaintiffs to get lawsuit loans in Georgia. Read more information below about the legal funding environment in Georgia.
Accident Injury in Georgia
Georgia’s yearly injury death rate of 58.0 per 100,000 places it -3.3% lower than the national average of 60.1.
Georgia residents drive an estimated total of 118 billion miles yearly. That means the average Georgia resident drives about of 11,562 miles per year. That figure is 20.1% higher than the U.S. national average of 9,630 miles per year.
Aside from miles driven, local seatbelt and drinking and driving habits play a large part in the auto accident death rate. Georgia residents are pretty good when it comes to buckling up, reporting a 92.0% use rate.
The drinking rate in Georgia, or the percent of people who report drinking too much before driving at least once in the prior month is 1.4%, which is 24.3% lower than the national average of 1.8%.
In part due to these factors, the car accident fatality rate in Georgia is 14.0. This compares unfavorably to the US national average of 10.9, and costs the state $1,630 million yearly. In the Greater Atlanta Area alone there were 14,373 car accident injuries.
Georgia Legal Funding Cheat Sheet
According to Sec. 9-3-33; the civil statute of limitations in Georgia is 2 years. This means that you may lose the right to sue for negligence if you do not file your lawsuit within the limit. The degree to which plaintiff negligence impacts the liability claim varies from state-to-state. Georgia’s guideline is modified comparative fault with a 50% threshold.
Essentially, this means that if plaintiff is less than 50% at fault, plaintiff fault offsets potential recovery – O.C.G.A. §§ 51-11-7 and 51-12-33. Its important to keep in mind that if you request car accident lawsuit loans early-on in your claim, legal funding underwriters must assume Georgia state minimum policy limits of:
- $20,000 bodily injury liability per person
- $40,000 bodily injury liability per accident
- $10,000 property damage liability per accident
- $10,000 personal injury protection
Regulation of Lawsuit Loans in Georgia
Lawsuit loans in Georgia remain largely unregulated and most legal funding companies provide funding in the state.
Despite lack of regulation, reputable companies follow basic best-practice disclosure guidelines for legal funding contracts. Lawsuit lenders nationwide should display rates, fees and repayment terms prominently.