Arizona Semi Truck Accident Loans
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- Rates As Low As 2.5% Simple, Monthly
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What Are Semi-Truck Accident Loans in Arizona
Semi-truck accident loans are a type of legal funding. This loan provides financial relief to victims of semi-truck accidents. It is an advance on a future accident settlement expected by the plaintiff (the person who was injured).
What sets it apart from traditional loans, is its non-recourse nature. Non-recourse means that if you don’t win your case, you don’t have to repay the amount you borrowed. The lender takes on the risk, not the borrower.
Let’s consider a hypothetical scenario about Aaron. Aaron has been involved in an unfortunate semi-truck accident in Arizona. While he’s waiting for his lawsuit to settle, bills are piling up and he’s under a lot of financial stress. This is where a semi-truck accident loan comes in handy.
Aaron applies for and secures a loan from LawsuitLoans.io. With this financial help, he can cover his living expenses or manage medical bills. Aaron only needs to pay back the loan if he wins his case. If he doesn’t, LawsuitLoans.io writes off the debt completely. That’s how semi-truck accident loans work.
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 Arizona
If you’ve been involved in a semi-truck accident in Arizona, understanding the different types of claims that you can make could be vital to your case. In this article, we will cover a few examples of semi-truck accidents, explore how they occur, and delve into how Arizona’s fault laws could impact your chances of success in your lawsuit.
Firstly, jackknife accidents are common occurrences. They happen when the driver loses control of their vehicle causing it to fold like a pocket knife. The semi-truck often ends up blocking multiple lanes leading to a potentially high-contributory factor in multi-vehicle accidents.
Rollover accidents are another type where the gravity shifts too far to one side resulting in the truck flipping onto its side or even completely upside down. Negligence from the truck driver, such as speeding or improper loading, often causes these accidents.
A third example includes under-ride and over-ride accidents. These happen when a smaller vehicle either goes under the back or side of the truck (under-ride) or is run over by the truck (over-ride).
Arizona operates under a “fault” system for automobile accidents. This means the law requires that the person responsible for causing the accident is also responsible for any resultant damages. If you are deemed less at fault than the truck driver, you could have a higher chance of winning your claim and receiving compensation.
This is where LawsuitLoans.io can assist. As a pre-settlement funding company, we provide funds to plaintiffs with personal injury and other legal claims while they wait for their legal case to resolve. To understand more about how we can assist you, check out our LawsuitLoans.io funding application or call us on our toll-free number (866) 594-1343.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Am I Eligible for a Semi-Truck Accident Loan in Arizona?
Semi-truck accident lawsuit loans are a financial help option for people who are waiting for their personal injury legal case to resolve. But, not everyone qualifies for this type of loan. There are some key eligibility criteria to meet.
The primary eligibility criteria for a semi-truck accident lawsuit loan in Arizona are as follows:
- First, you must have a valid legal claim related to semi-truck accidents against an insurance company or self-insured company. This means that your attorney has to file a legal case and believes it has merit.
- Second, you must have hired an attorney on a contingency basis. This shows that your attorney believes in the strength of your case. An attorney hired on contingency only gets paid if they win the case or reach a settlement.
- Lastly, you must be at least 18 years old to apply for a lawsuit loan. This is a legal requirement. If you are under 18, you will need to have a guardian or parent apply on your behalf.
If you meet these requirements, you might be eligible for a semi-truck accident lawsuit loan in Arizona from LawsuitLoans.io.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your savings and cost when you choose LawsuitLoans.io. While we sometimes offer interest rates as low as 2.5%, our calculator assumes an interest rate of 2.9%. This calculator is illustrative – please contact us for an instant, written quote for your request.
Months Until Settlement:
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Semi-Truck Accident Loan Process in Arizona
If you’ve been injured in a semi-truck accident in Arizona, you might be facing mounting bills and financial pressure. One solution could be applying for an auto accident loan – a specific type of lawsuit loan provided by LawsuitLoans.io. The process is simple and straightforward, and consists of five key steps:
- Apply Online: Initiate your application simply by visiting LawsuitLoans.io funding application.
- We Contact Your Law Firm: Once your application is received, we will reach out to your law firm to obtain some more details about your case.
- We Review Your Case: Our legal professionals will study your case details to make an informed decision.
- You Sign a Contract: Once we decide to proceed, we will send over a contract for you to sign, formalizing our agreement.
- You Get Funds: With all paperwork complete, we disburse the funds directly to you. You can then use these funds as you see fit, from covering medical bills to handling day-to-day expenses.
Now, let’s consider the scenario of John, a plaintiff in Arizona. John was seriously injured in a semi-truck accident. He filed a lawsuit against the truck driver and his employer, but quickly realised that the legal proceedings would take time. Meanwhile, his medical expenses were piling up. That’s when he decided to apply for a lawsuit loan with LawsuitLoans.io, thereby easing his financial burden until his lawsuit could be resolved.
In John’s case, as with all applicants, we closely worked with his law firm, reviewing the details of his incident and conducting a thorough risk analysis based on those details. Upon approval, John signed the contract formalising the loan agreement. We then released the funds directly to him, allowing him to cover his ongoing medical expenses and other cost of living expenses. Thus, the lawsuit loan from LawsuitLoans.io helped John bridge the financial gap while he waited for his semi-truck accident settlement.
Apply today and get funds as soon as the same day you apply!
Roadway Accident Cases we Fund in Arizona
At LawsuitLoans.io, we fund almost any type of roadway accident in Arizona. Here is a list of some accident cases we commonly fund:
- Bicycle Accident Loans: If you’ve been injured in a bicycle accident and are waiting for your lawsuit to resolve, we can provide you with the funds you need.
- Car Accident Loans: If you’re involved in a car accident lawsuit, we can help finance your legal case while you wait for settlement.
- Commercial Vehicle Accident Loans: For individuals involved in accidents with commercial vehicles, we offer loan options to assist while awaiting legal resolution.
- Government Vehicle Accident Loans: If you’re in the midst of a government vehicle accident lawsuit, you can apply for funding through us.
- Motorcycle Accident Loans: Motorcycle accident lawsuits can be lengthy – our loan service can provide the funds you need to get through this period.
- Pedestrian Accident Loans: Pedestrian accident lawsuits can be particularly tough. Apply for a lawsuit loan to help you cope financially as your case progresses.
- Rideshare Accident Loans: We provide funding for people involved in rideshare accident cases, to assist while you wait for your lawsuit to settle.
- Semi-Truck Accident Loans: If you’re suing due to a semi-truck accident, we offer lawsuit loans to help with expenses during the pending duration of your case.
How Much Money Can I Get From my Semi-Truck Accident Pre-settlement Loan?
Lawsuit loans offered by LawsuitLoans.io can significantly vary in their amounts. You can expect anywhere between $500 to over $1,000,000. While your case is still pending, we are able to advance up to a maximum of 25% of the anticipated portion of your settlement. Once your case has been settled, we can provide up to half – 50% – of your expected settlement share.
Consider an example: a plaintiff from Arizona is embroiled in a car accident lawsuit with an estimated value of $60,000. However, the case would not reach a settlement for some time. Usually, about 1/3 of a settlement goes towards medical providers, and another 1/3 is claimed by the attorney. Consequently, the plaintiff could potentially receive around $20,000. Given these figures, LawsuitLoans.io would be able to advance approximately 25% of that sum – in this case, $5,000.
Get $500 – $100,000 as soon as today
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 day you apply with us.
Major Cities we Serve in Arizona
At LawsuitLoans.io, we are proud to offer pre-settlement funding to residents across the state of Arizona. This includes individuals residing in the top 10 cities by population, which are listed below:
Note that we are not limited to these locations. We provide funding for residents in all cities in Arizona as well as nationwide. If you are involved in a personal injury or other legal claim, apply for a lawsuit loan today. We’re here to assist you during this challenging time.
Arizona Semi-Truck Accident Funding FAQs
Recovering from a semi-truck accident can be tough. While dealing with injuries, plaintiffs often have to manage hefty medical bills and legal fees. At LawsuitLoans.io, we understand your predicament and aim to provide you with financial relief so you can focus on recovering. Here are some commonly asked questions by Arizona residents related to our semi-truck accident lawsuit funding:
How much does it cost to get a semi-truck accident lawsuit loan?
The cost of a semi-truck accident lawsuit loan varies on the specifics of your case. Fees typically include an application fee, origination fee, and interest rates. For a detailed cost estimate, please apply online at our funding application page.
Do I qualify for a lawsuit loan on my semi-truck accident case?
The criteria for qualification greatly depend on the strength and validity of your case. If you have a legitimate claim against a defendant who caused the accident, and a lawyer representing you, you most likely qualify. More details about eligibility can be found on our website.
Can you get a loan on a semi-truck accident settlement?
Yes, you can. After successfully applying and being approved for funding, you can get a loan based on the estimated settlement amount in your case. Bear in mind, this is a non-recourse loan, which means if you lose your case, you owe us nothing.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Does LawsuitLoans.io Directly Fund Cases in Arizona?
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 Arizona.