Alabama Semi Truck Accident Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
Apply in Seconds
What Are Semi-truck Accident Loans in Alabama
Semi-truck accident loans are a form of legal funding specifically designed for plaintiffs involved in semi-truck related accidents. If you’ve incurred injuries or losses due to a semi-truck accident, these loans can be essential for your financial stability during the pendency of your case.
Semi-truck accident loans are referred to as “non-recourse” advances. This means if your lawsuit wins, you repay the loan – but, if you do not win your case, you owe nothing back. In other words, the risk falls entirely on the lender, not you.
Let’s understand this with an example. Imagine yourself in an unfortunate incident, tangled with a semi-truck accident, and have filed a lawsuit for compensation. Legal processes are often time-consuming and financially draining. While you’re struggling to pay for medical bills and living expenses, a lawsuit loan can act as a financial lifeline, providing you with necessary funds on your pending settlement payments.
In summary, semi-truck accident loans in Alabama aim to offer a financial safety net, allowing you to fight your legal battle without the added stress of monetary burdens.
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
Types of Semi-truck Accident Claims in Alabama
In the state of Alabama, semi-truck accidents are sadly a common occurrence. These incidents can result from various causes. Let’s explore a few examples.
Rear-end Collision
A rear-end collision is when a truck hits the vehicle in front of it. This usually happens when the truck driver fails to apply the brakes in time, often due to distraction, fatigue or poor weather conditions.
Jackknife Accident
Another type of semi-truck accident is the jackknife accident, where the trailer of the truck swings out to form a 90-degree angle with the cab. This typically occurs due to abrupt braking or slippery roads.
Blind Spot Collision
Trucks have larger blind spots than regular vehicles. As a result, truck drivers may not see smaller cars when changing lanes or turning, leading to potential collisions.
When filing a lawsuit for any semi-truck accident, it’s important to understand Alabama’s fault laws. Unlike many states, Alabama operates under a “contributory negligence” rule. This means that if you’re found to be even slightly at fault for the accident, you may be barred from recovering any damages.
This can heavily impact a plaintiff’s chances of winning their lawsuit. Therefore, it’s crucial to seek legal advice immediately after a semi-truck accident. A lawyer can help prove you were not at fault and fight for your rightful claim.
If you’re in the midst of a personal injury lawsuit due to a semi-truck accident and need financial help, consider pre-settlement funding from LawsuitLoans.io. We provide funds to plaintiffs while they wait for their legal case to resolve. For further details or to apply, visit our funding application page or call us at (800) 340-4973.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible for a Semi-Truck Accident Loan in Alabama?
Understanding eligibility criteria for lawsuit loans is essential. If you’re involved in a semi-truck accident case in Alabama, you might be eligible to apply for this type of funding. The primary conditions that need to be met for eligibility are:
- You must have a valid legal claim against an insurance company or a self-insured company. This means you are currently involved in a legal case or lawsuit where you are the plaintiff.
- You have hired an attorney on a contingency basis. In this arrangement, your attorney agrees to represent you without upfront fees, getting paid only if you win the lawsuit.
- You must be at least 18 years old. Like many legal agreements, applying for a lawsuit loan requires that you are of legal age.
If you meet these criteria, you may be a good candidate for a semi-truck accident lawsuit loan from LawsuitLoans.io. If you’re not sure whether you qualify, don’t hesitate to reach out to us at (800) 340-4973 or fill out a funding application.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Roadway Accident Cases we Fund in Alabama
We fund virtually any type of roadway accident in Alabama. Below is a list of just a few examples:
- Bicycle Accident Loans – If you’ve been injured while biking, we may be able to help you cover your costs as you pursue legal action.
- Car Accident Loans – Car accidents are far too common, and we can help you get the funding you need while your case is being resolved.
- Commercial Vehicle Accident Loans – Accidents involving commercial vehicles can have serious consequences, and our funds can assist you in getting through this difficult time.
- Government Vehicle Accident Loans – Injuries from accidents involving government vehicles are also covered by our funding options.
- Motorcycle Accident Loans – Motorcycle accidents can have life-altering effects, and we believe you should have financial support while you await your case’s result.
- Pedestrian Accident Loans – Being injured as a pedestrian can be devastating. Our funding options can assist you during this challenging time.
- Rideshare Accident Loans – Rideshare accidents are becoming more common, and we’re here to help you finance your recovery while your claim is resolved.
Get Started
Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Semi-truck Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. In general terms, if your case is still in progress, we can advance up to a maximum of 25% of your expected part of the settlement. If your case has already been settled, we can offer as much as 50% of your expected portion of the settlement.
Let’s use an example for better understanding. Consider an Alabama plaintiff in a car accident case with an estimated value of $60,000. The case is ongoing and settlement will take some time. As usual, medical providers receive about 1/3 of the settlement and the attorney gets another 1/3. In this case, the plaintiff would end up with approximately $20,000. We would be able to advance roughly 25% of that amount or $5,000.
Cities we Service in Alabama
LawsuitLoans.io provides funding throughout Alabama. See more about our funding in Alabama by visiting the city pages below:
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.
Other Cases we Fund in Alabama
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Alabama. Read more about the personal injury cases we fund in Alabama here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Alabama here:
Does LawsuitLoans.io Directly Fund Cases in Alabama?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in Alabama.