Louisiana Motorcycle Accident Loans

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  • Rates As Low As 2.5% Simple, Monthly
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    What Are Motorcycle Accident Lawsuit Loans in Louisiana?

    In Louisiana, motorcycle accident lawsuit loans offer financial support to plaintiffs. If you’ve been hurt in a motorbike accident and are pursuing a legal case, this type of loan can provide much-needed help. In essence, it’s an advance on your potential settlement. Rather than waiting for your case to conclude, you can access a portion of your likely settlement straight away.

    Motorcycle accident lawsuit loans are non-recourse advances. This means that you only need to repay the funds if you win your court case. Should your case not conclude in your favor, you won’t be liable for any repayment. That is a significant advantage, making the loan a low-risk financial solution while you wait for your case’s resolution.

    This financial tool can offer plaintiffs like you the security and relief you need after a traumatic incident like a motorcycle accident. It allows you to focus on your recovery and gives you peace of mind knowing that urgent expenses are covered.

    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.

    Telephone Icon - Starting the process is easy, just apply online or call toll free

    Apply Online or Call Toll-Free

    Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.

    Review Icon - We quickly review your legal case.

    We Review Your Case

    Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.

    Money Bag Icon - Once we approve your case, you and your attorney sign the contract and you get cash the same day

    You Receive Funds

    You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.

    Key Information About Car Accident Loans in Louisiana

    Louisiana has their unique laws concerning car accidents. LawsuitLoans.io provides car accident loans to plaintiffs involved in such cases. This funding helps victims manage their expenses as they wait for their lawsuit to resolve. In Louisiana, the typical amount provided as a car accident loan by LawsuitLoans.io averages at about $8,126.46, with the largest recorded loan amounting to $83,591.00. See the table below for more information.

    Average car accident loan amount by LawsuitLoans.io in Louisiana $8,126.46
    Largest car accident loan by LawsuitLoans.io in Louisiana $83,591.00
    Average interest rate in Louisiana 21.5%
    Median personal injury verdict in Louisiana $95,000.00
    Louisiana statute of limitations 1 Year; Louisiana Civil Code Section 3492
    Louisiana fault laws Louisiana is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages.

    Get up to $500,000 with rates as low as 2.5% simple, monthly

    Am I Eligible for a Motorcycle Accident Loan in Louisiana?

    If you’ve been involved in a motorcycle accident in Louisiana, you may be wondering if you’re eligible for a lawsuit loan. To be eligible for such a loan, there are certain requirements that need to be met.

    The primary eligibility criteria for a motorcycle accident lawsuit loan include the following:

    • Holding a valid legal claim against an insurance company or a self-insured company. This means you are pursuing a lawsuit due to injuries or damages you’ve suffered as the result of a motorcycle accident.
    • Having an attorney hired on a contingency basis. This means, your attorney only gets paid if you win your case.
    • Being at least 18 years old is another requirement as minors are not eligible to apply for such loans.

    These are the basics. If you meet these requirements, it’s possible that you could qualify for a motorcycle accident lawsuit loan in Louisiana. For more detailed information, you can complete an application here.

    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.

    Advance Amount:

    Months Until Settlement:

    $2,631

    Total Cost

    Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.

    $1,697

    Your Savings

    Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.

    39%

    Percent Savings

    Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.

    Motorcycle Accident Loan Process in Louisiana

    If you’ve suffered from a motorcycle accident in Louisiana, getting a lawsuit loan may seem like a daunting process. However, at LawsuitLoans.io, we’ve simplified the procedure into five straightforward steps:

    • Apply online: Using our useful online application located at LawsuitLoans.io funding application, you can quickly and easily apply for a loan.
    • We contact your law firm: After receiving your application, we reach out to your law firm to gather additional case details. This helps us fully understand your situation.
    • We review your case: Our team of legal experts will assess your case. This helps us determine the amount of funding you might qualify for.
    • You sign a contract: If your case is approved, you will be presented with a contract. It outlines the terms, conditions, and repayment schedule of your loan.
    • You get funds: Once you’ve signed your contract, you can expect to receive your funds within 24 hours. This process is fast and efficient.

    For instance, consider Bob, a motorcycle enthusiast who meets with an accident involving a pedestrian in Louisiana. He sustains serious injuries and decides to file a claim against the pedestrian. Meanwhile, he applies for a pre-settlement loan through LawsuitLoans.io. Shortly, his application is reviewed, approved, and he receives the funds to cover his living expenses as he awaits the settlement. This shows how efficient and hassle-free the lawsuit loan system at LawsuitLoans.io is.

    Get Started

    Apply today and get funds as soon as the same day you apply!

    Types of Motorcycle Accident Claims in Louisiana

    Motorcycle accidents occur frequently due to a variety of factors. Understanding the different types of accidents can be helpful if you’re making a claim after a motorcycle accident in Louisiana. It’s significant to mention few common types of motorcycle accidents.

    Head-On Collisions: This type of accident occurs when a vehicle strikes a motorcyclist head-on. They are usually severe and often fatal for the motorcyclist.

    Left Turn Accidents: These accidents happen when a vehicle turning left collides with an oncoming motorcycle. If the motorcyclist is going straight through an intersection, passing the car, or overtaking the car, this could happen.

    Speeding and Alcohol Use: Both are major causes of motorcycle accidents. Speeding decreases the motorcyclist’s chance of seeing and reacting to other vehicles in time to prevent a crash. Likewise, alcohol impairs the driver’s ability to operate their vehicle safely.

    It’s crucial to take note that Louisiana operates under comparative fault laws. This implies that each party involved in an accident could be held liable for a portion of the damages based on their level of fault. For instance, if a motorcyclist was found to be 20% at fault for the accident, they might only recover 80% of the damages. This can significantly impact the success of a lawsuit and the amount recovered.

    To ensure the best possible outcome for your case, reach out to a professional legal representative. You can also consider applying for pre-settlement funding. Contact LawsuitLoans.io at (866) 594-1343 or apply directly via our funding application.

    How Much Money Can I Get From my Motorcycle Accident Pre-settlement Loan?

    LawsuitLoans.io can provide lawsuit loans ranging from $500 to $1,000,000+. If your case is still in progress, we can advance at maximum, 25% of your expected portion of the settlement. If your case has settled, we can offer 50% of your expected portion of the settlement.

    Let’s consider a practical example of a Louisiana plaintiff involved in a motorcycle accident. Let’s assume that the estimated value of the case is $350,000 and that the case is still in progress without any prospects of an imminent settlement. Usually, medical providers would receive around one-third of the settlement and your attorney another third. This means, as a plaintiff, you could expect around $115,000 from the final settlement.

    In such a situation, what LawsuitLoans.io can do for you is advance approximately 25% of that amount. In real figures, this equates to a pre-settlement loan of around $29,000.

    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.

    Roadway Accident Cases we Fund in Louisiana

    At LawsuitLoans.io, we provide funding for almost any type of roadway accident in Louisiana. If you are stuck in a legal case and need funds now, we can help you. Here’s a quick overview of the types of cases we typically fund:

    Major Cities we Serve in Louisiana

    LawsuitLoans.io is proud to serve the entire United States, including all cities in Louisiana. Here are the largest populated cities within Louisiana where we cater our services:

    • New Orleans
    • Baton Rouge
    • Shreveport
    • Lafayette
    • Lake Charles
    • Bossier City
    • Kenner
    • Monroe
    • Alexandria
    • Houma

    If your city isn’t listed, don’t worry. We reach every corner of Louisiana and nationwide. Reach us today via our website LawsuitLoans.io or call us toll-free at (866) 594-1343. For instant application, visit LawsuitLoans.io funding application.

    Get up to $500,000 with rates as low as 2.5% simple, monthly

    Louisiana Motorcycle Accident Funding FAQs

    If you’re in Louisiana and have been involved in a motorcycle accident, you may have several questions about lawsuit loans. Below, we’ll address some of the most common questions we encounter.

    How much does it cost to get a motorcycle accident lawsuit loan?

    The cost of a lawsuit loan depends on the terms of your agreement with the funding company. However, at LawsuitLoans.io, we strive to provide our clients with competitive rates. To get a clear idea of your potential costs, you can contact us on our toll-free number (866) 594-1343 or make an application through LawsuitLoans.io funding application.

    Do I qualify for a lawsuit loan on my motorcycle accident case?

    Eligibility for a lawsuit loan mainly depends on the merits of your case. If you have a strong case and high chances of winning or settling, you are likely to qualify. It’s best to contact us so that we can evaluate your specific situation and inform you of any potential loan options.

    Can you get a loan on a motorcycle accident settlement?

    Yes, you can get a lawsuit loan against your expected settlement from a motorcycle accident case. This form of pre-settlement funding allows you to access the funds you need while waiting for your case to be resolved.

    Apply now for a free consultation