Maine Government Vehicle 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
What Are Government Vehicle Accident Loans in Maine
A car accident loan is a type of pre-settlement funding. It’s designed to help plaintiffs who got injured in car accidents and are waiting for their legal cases to resolve. This kind of financial assistance can be especially helpful when the accident involves a government vehicle.
The main idea of a car accident loan is pretty simple. LawsuitLoans.io provides you with cash today based on your expected future car accident settlement. You use these funds to meet your day-to-day needs or cover medical bills while waiting for your lawsuit to conclude.
It’s important to point out that government vehicle accident loans are non-recourse. What does this mean? Well, it simply means if you don’t win your lawsuit, you owe nothing back to LawsuitLoans.io.
These loans are not like traditional bank loans which require credit checks and employment verification. Instead, they’re based solely on the facts of your case and the expected resolution. Thus, you won’t have to worry about repaying the amount should your lawsuit fall through.
In essence, government vehicle accident loans in Maine offer you peace of mind as you focus on your recovery and litigation, relieving you from the financial burdens that accidents often impose.
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.
Key Information About Car Accident Loans in Maine
In the state of Maine, car accident loans can assist plaintiffs in managing their financial needs during their legal case. This can help offset various expenses, such as medical bills, lost wages, and even general living costs. LawsuitLoans.io can provide these pre-settlement funds to those pursuing personal injury lawsuit cases.
| Average car accident loan amount by LawsuitLoans.io in Maine | Not enough data available |
| Largest car accident loan by LawsuitLoans.io in Maine | Not enough data available |
| Average interest rate in Maine | Not enough data available |
| Median personal injury verdict in Maine | $27,000 to $113,500 |
| Maine statute of limitations | 6 years; Maine Revised Statute Title 14 Section 751 |
| Maine fault laws | Maine 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 Government Vehicle Accident Loan in Maine?
If you’ve been in an accident involving a government vehicle in Maine, you might be wondering if you are eligible for a lawsuit loan. Eligibility for this type of funding often depends on the specifics of your case. However, there are certain basic requirements that should generally be met.
Firstly, these types of claims typically involve a self-insured or substantially insured entity. This means that there are usually more funds available to cover the cost of any damages. Therefore, if your lawyer believes that you have a strong case, it is usually easier for you to secure pre-settlement funding from companies like LawsuitLoans.io.
Secondly, you need to be legally represented. In fact, having an attorney hired on a contingency basis is one of the key eligibility criteria for obtaining a lawsuit loan. This means that your attorney agrees to represent you without you having to pay any upfront fees, and instead they receive a portion of any settlement or award that you may receive at the end of your case.
Lastly, you need to be at least 18 years old. As with most financial agreements, individuals under the age of 18 are generally not legally allowed to enter into such contracts in the State of Maine.
However, it’s always best to consult with a knowledgeable professional to understand your own eligibility for a government vehicle accident loan. For more information or help with your application, visit LawsuitLoans.io or contact us directly 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.
Government Vehicle Accident Loan Process in Maine
If you’re involved in a lawsuit due to a government vehicle accident in Maine, you might be eligible for a lawsuit loan. Here’s an easy step-by-step guide on how the process works for both government vehicle and auto lawsuit loans.
Five Main Steps:
- Apply Online: Fill out our online application at LawsuitLoans.io funding application.
- We Contact Your Law Firm: After you apply, we reach out to your lawyers to gather more details about your case.
- We Review Your Case: Our team will evaluate the information provided by your law firm.
- You Sign a Contract: Once your case is approved, we prepare a contract for you to sign.
- You Get Funds: After signing the contract, you receive the funds directly into your account.
An Example Scenario
Let’s say John, a resident of Maine, was injured in an accident involving a government vehicle. John sued the responsible party and while his lawsuit was ongoing, he found himself in a financial crunch. That’s when he decided to apply for a lawsuit loan from LawsuitLoans.io. He filled out the online application and we contacted his law firm to gather more details about his case. Our team evaluated the case and upon approval, prepared a contract for John to sign. Once the contract was signed, the funds were deposited directly into his account. This entire process helped John manage his finances while he awaited the judgment in his lawsuit.
Get Started
Apply today and get funds in as little as 24 hours!
Types of Government Vehicle Accident Claims in Maine
Government vehicles are not exempt from traffic accidents and traffic rules. These vehicles can range from police cars, fire trucks to school buses and city maintenance vans. If you are a resident of Maine and have been involved in an accident with a government vehicle, it is essential to understand the types of accident claims you can make.
Police Cars and Fire Trucks
These law enforcement and emergency utility vehicles are often involved in high-speed chases or rushing to respond to emergencies. Due to their urgency, accidents involving these vehicles can be severe. Claims against these vehicles often involve recklessness or negligence while responding to emergencies.
School Buses
School buses transport precious cargo every morning and afternoon – our children. Incidents with these vehicles could be due to technical issues, human error or negligence. Claims involving school buses often concern the safety measures taken by school authorities and the bus driver.
City Maintenance Vans
These vehicles can be involved in accidents during their service hours. Often, these incidents occur due to occupational hazards, negligence, or equipment malfunction. A claim against a city maintenance van typically involves standard negligence laws and labor standards.
How Much Money Can I Get From my Government Vehicle Accident Pre-settlement Loan?
LawsuitLoans.io pre-settlement funding offers a significant cash range. Financial help from us can vary between $500 and over $1,000,000. For ongoing claims, we can advance you up to 25% of what you expect from your part of the settlement.
As an example, assume you are a plaintiff in Maine. You’re involved in a car accident case with a projected value of $300,000. However, your case is still undergoing and won’t settle for some time. Usually, around one-third of the settlement goes to medical providers and another one-third to the attorney. This leaves you with an estimated $100,000.
LawsuitLoans.io can give you an advance of about 25% of your projected share of the settlement. In this case, you could get a lawsuit loan of around $25,000.
When your case gets resolved, we can offer you up to 50% of your expected part of the settlement.
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.
Major Cities we Serve in Maine
At LawsuitLoans.io, we serve clients all across the great state of Maine. We understand the unique needs of Mainers and are proud to offer our pre-settlement funding services here. Regardless of where you live, we work hard to ensure you obtain the financial aid you need during a difficult legal process.
While we provide funding for residents in all cities throughout Maine, here’s a list of the top 10 by population:
- Portland
- Lewiston
- Bangor
- South Portland
- Auburn
- Biddeford
- Sanford
- Brunswick
- Scarborough
- Saco
Remember, no matter your city, LawsuitLoans.io is here to help. We are just one application or call (800) 340-4973 away.
Maine Government Vehicle Accident Funding FAQs
These are some of the common questions Maine residents often ask about government vehicle accident lawsuit loans:
How much does it cost to get a government vehicle accident lawsuit loan?
The cost of a lawsuit loan depends on multiple factors. It is not a standardized price. The total cost usually includes the original amount borrowed and additional fees or interest that accrues over time. It’s very important to understand all the costs involved before deciding to get a lawsuit loan. Always consider speaking with a financial advisor or a lawyer to get a more personalized advice.
Do I qualify for a lawsuit loan on my government vehicle accident case?
Whether you qualify for a lawsuit loan or not, usually depends on the specific details of your case, the legal entity that is handling your case, and the lawsuit loan company’s assessment of the risk they are taking by funding your lawsuit. The major consideration is usually the likelihood of the case having a positive outcome. To determine if you qualify, we recommend that you contact a lawsuit loan provider like LawsuitLoans.io.
Can you get a loan on a government vehicle accident settlement?
Yes, it’s possible to get a loan on a government vehicle accident settlement. This kind of funding is considered as a “non-recourse” loan. This means, if you lose your case, you won’t be required to repay the loan. To get more specific information about your case, please use our LawsuitLoans.io funding application or call us at (800) 340-4973.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Cities we Service in Maine
LawsuitLoans.io provides funding throughout Maine. See more about our funding in Maine by visiting the city pages below:
Other Cases we Fund in Maine
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Maine. Read more about the personal injury cases we fund in Maine 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 Maine here:
Get Started
Apply today and get funds in as little as 24 hours!
Does LawsuitLoans.io Directly Fund Cases in Maine?
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 Maine.