Missouri Commercial Vehicle Accident Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
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What Are Commercial Vehicle Accident Loans in Missouri
A commercial vehicle accident loan, also known as a lawsuit loan or pre-settlement funding, is a cash advance given to plaintiffs involved in a car crash lawsuit. Missouri plaintiffs can apply for this financial aid while they wait for their legal case to resolve.
These loans are non-recourse, which means they are completely risk-free for the plaintiff. If the claimant wins their case, they repay the loan from the settlement amount. However, if the lawsuit doesn’t conclude in their favor, they owe nothing to the lending company. It’s a win-win situation for the victims suffering from both physical injuries and financial instability due to a commercial vehicle accident.
The process of getting pre-settlement funding in Missouri is quick and simple. An application needs to be filled out either online at LawsuitLoans.io funding application or over the phone at LawsuitLoans.io’s toll-free number (866) 594-1343. After assessing and approving the case, the funds can be transferred in as little as 24 hours.
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 Missouri
Car accident loans in Missouri are pre-settlement funding options provided by LawsuitLoans.io. If you’re a plaintiff involved in a car accident lawsuit in Missouri, these loans can offer needed funds as you wait for your legal case to resolve. Here are some critical data points related to car accident loans in Missouri:
|Average car accident loan amount by LawsuitLoans.io in Missouri||$6,470.93|
|Largest car accident loan by LawsuitLoans.io in Missouri||$19,637.60|
|Average interest rate in Missouri||18.1%|
|Median personal injury verdict in Missouri||$31,000.00|
|Missouri statute of limitations||5 Years; Mo. Rev. Stat. § 516.097|
|Missouri fault laws||Missouri 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 Commercial Vehicle Accident Loan in Missouri?
If you’ve been involved in a commercial vehicle accident in Missouri and you’re considering financial aid, you may be wondering about your eligibility for a lawsuit loan. At its most basic level, getting a lawsuit loan with LawsuitLoans.io is typically dependent on two key factors.
Firstly, it’s important to understand that every commercial vehicle accident claim involves either a high insurance policy or a self-insured entity. What this means is that there is always a significant amount of money at stake, making the prospect of obtaining pre-settlement funding more likely.
The second crucial factor is having an attorney hired on a contingency basis. This essentially means that your attorney only gets paid if you win your case. Lawsuit loans are structured in such a way that the loan repayment is made from the settlement amount.
Finally, to be eligible for a lawsuit loan, you must also be over 18 years old. This is a legal requirement, regardless of the specifics of your legal case.
Remember, if you meet these criteria and need help funding your commercial vehicle accident claim, don’t hesitate to apply through our online application at LawsuitLoans.io funding application or to call us toll-free at (866) 594-1343.
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.
Commercial Vehicle Accident Loan Process in Missouri
If you are involved in a commercial vehicle accident and are facing legal proceedings, you may be eligible for a lawsuit loan. This is a helpful financial bridge that LawsuitLoans.io can provide. The process is simple and can be broken down into five steps.
1. Apply Online
First, consider filling out an application on the LawsuitLoans.io funding application.
2. We Contact Your Law Firm
After receiving your application, we will communicate with your legal representative to discuss the facts of the case.
3. We Review Your Case
Next is the evaluation stage, where our specialists look at your case’s strengths and potential settlement value.
4. Sign a Contract
If your application is approved, we will send a contract detailing the terms of your lawsuit loan. You, along with your attorney, must sign this agreement.
5. Get Funds
Once the contract is confirmed, you’ll receive funds directly in your chosen method of payment.
Consider the example of John, a plaintiff injured in a commercial vehicle accident in Missouri. John was unable to work due to his injuries and was mounting medical bills. After applying online, LawsuitLoans.io contacted his law firm, reviewed his case, and approved his loan request. John signed the loan contract, and shortly after, funds were delivered to him. He was able to pay his bills without stress. This is but one example of how the lawsuit loan process works through LawsuitLoans.io.
Apply today and get funds as soon as the same day you apply!
How Much Money Can I Get From my Commercial Vehicle Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.
Let’s illustrate this with an example: Assume a plaintiff in Missouri who was involved in a commercial vehicle accident has a claim with an estimated value of $500,000. Let’s say the case is ongoing and will not settle for some time. By typical division, medical providers would receive around 1/3 of the settlement, and the attorney another 1/3. This leaves the plaintiff with an expected portion of around $170,000. In this situation, LawsuitLoans.io could advance approximately 25% of that amount, or $42,500.
What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in Missouri?
The state of Missouri, like many other states across the country, has a high volume of commercial vehicle traffic. These vehicles are often involved in cases that we fund. This section will guide you through the different types of commercial vehicles commonly seen on Missouri roads and appearing in our claims.
- 18-Wheelers: Also known as big rigs or semi-trucks, 18-wheelers are large, hefty vehicles often made for long-haul transport of goods. Due to their size and weight, accidents involving these vehicles can result in serious injury.
- Delivery Vans: These vehicles are commonly used by courier companies like UPS or FedEx. They’re smaller than 18-wheelers but can still cause significant damage in a collision.
- Taxis and Rideshare Cars: These vehicles are constantly on the move, ferrying passengers around urban and suburban areas. Therefore, they’re frequently involved in traffic incidents.
- Company Cars: Many businesses provide employees with company cars. Accidents involving these vehicles often fall under commercial claims.
- Construction Vehicles: From cement mixers to cranes, construction vehicles are part of this category. Their presence at worksites and on roads often leads to accident claims.
While these are the most common commercial vehicles we see in our Missouri cases, it’s important to note that LawsuitLoans.io funds car accident claims involving any kind of privately or commercially used vehicle, not just these examples.
If you’ve been involved in an accident with any type of vehicle and are pursuing legal action, connect with us to learn how we can help tide you over financially while your case is being resolved. The easiest way to start the process is through our LawsuitLoans.io funding application.
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 Missouri
At LawsuitLoans.io, we proudly serve residents from all cities across Missouri. This includes the top 10 largest cities by population numbers, but is not limited to them alone. Here are the 10 most populated cities in Missouri:
- Kansas City
- St. Louis
- Lee’s Summit
- St. Joseph
- St. Charles
- St. Peters
Even if your city is not listed above, rest assured we offer financial assistance to all Missouri residents. For more details, you can reach us on our toll-free number (866) 594-1343 or complete our online application at LawsuitLoans.io funding application.
Roadway Accident Cases we Fund in Missouri
We provide funding for almost any type of roadway accident in Missouri. Check out the list below:
- Bicycle Accident Loans: We offer financial support to individuals who are hurt in bike accidents and are awaiting the final outcome of their legal claim.
- Car Accident Loans: If you’re involved in a car accident and seeking settlement, our loans can help ease your financial burden.
- Commercial Vehicle Accident Loans: Commercial vehicle accidents can cause serious injuries. We lend financial aid while you wait for your settlement.
- Semi Truck Accident Loans: Semi truck accidents often result in major damages. We’re here to provide funds while your legal case settles.
- Government Vehicle Accident Loans: Accidents involving government vehicles can take longer to settle. Our loans can offer financial cushioning for such cases.
- Motorcycle Accident Loans: We extend financial assistance to motorcycle accident victims waiting for their claim settlement.
- Pedestrian Accident Loans: Pedestrians involved in an accident can turn to us for funding while their legal case is pending.
- Rideshare Accident Loans: If you’re a victim of a rideshare accident, we offer loans to assist financially as you wait out your case.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Missouri Commercial Vehicle Accident Funding FAQs
Understanding the lawsuit loan process for commercial vehicle accident cases in Missouri can seem challenging. But, with these Frequently Asked Questions (FAQs), we aim to simplify it for you.
How much does it cost to get a commercial vehicle accident lawsuit loan?
The cost of a lawsuit loan depends on various factors. The nature and validity of your case, the future payout expected, and the duration until the settlement can influence the amount. Please contact us at LawsuitLoans.io or call us at (866) 594-1343 for a more precise estimate based on your situation.
Do I qualify for a lawsuit loan on my commercial vehicle accident case?
If you have a pending or settled lawsuit related to a commercial vehicle accident and have hired an attorney, chances are high that you qualify for a lawsuit loan. Yet, each case is unique. To ensure your eligibility, apply online through our funding application.
Can you get a loan on a commercial vehicle accident settlement?
Yes, getting a loan on a commercial vehicle accident settlement is possible. LawsuitLoans.io offers pre-settlement funding to plaintiffs waiting for their settlement. Keep in mind that this isn’t a conventional loan – it’s essentially a cash advance on your future settlement. It’s risk-free because if you don’t win your case, you don’t pay us back!
Does LawsuitLoans.io Directly Fund Cases in Missouri?
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 Missouri.