Missouri Motorcycle 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 Motorcycle Accident Lawsuit Loans in Missouri?
If you’ve suffered an injury after a motorcycle accident in Missouri, you might be wondering how you’ll cover your medical bills, repair costs, and living expenses while waiting for your lawsuit to resolve. This is where motorcycle accident lawsuit loans step in. These loans are not like the typical ones you might think of. Instead, they’re non-resource loans provided by companies like LawsuitLoans.io to plaintiffs who need financial help before their legal cases are settled.
A non-recourse loan means that if you don’t win your case, you won’t have to pay back the loan. The loan amount depends on your specific case and the estimated settlement you’re likely to receive. Essentially, the loan is an advance payment from your predicted future car accident settlement. It’s designed to relieve plaintiffs of financial stress during the litigation process. So, you can focus more on your recovery, knowing that your primary expenses are covered.
Motorcycle accident loans by LawsuitLoans.io are easy to apply for. With a quick decision time-frame and hassle-free application process, it ensures you get the funding you need when you need it most.
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 designed to assist plaintiffs embroiled in legal cases arising from car accidents. This pre-settlement funding provides financial relief while they wait for their case to be resolved. Here are some key data points about car accident loans in Missouri:
|Average car accident loan amount by LawsuitLoans.io in Missouri
|Largest car accident loan by LawsuitLoans.io in Missouri
|Average interest rate in Missouri
|Median personal injury verdict in Missouri
|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 Motorcycle Accident Loan in Missouri?
If you’ve been involved in a motorcycle accident in Missouri and have opted to file a lawsuit, you may be wondering whether you’re eligible for a loan to tide over tough times. Here at LawsuitLoans.io, we want to guide you through the process.
The primary eligibility for motorcycle accident lawsuit loans include:
- Holding a valid legal claim against an insurance company or a self-insured company.
- Having hired an attorney who is working on a contingency basis. This means, your attorney is paid only if your lawsuit is successful or results in a settlement.
- And lastly, you must be 18 years old or older.
Remember, at LawsuitLoans.io, our mission is to aid plaintiffs with personal injury claims who are struggling financially while waiting for their case to resolve
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.
Motorcycle Accident Loan Process in Missouri
If you are a victim of a motorcycle accident and have sued the responsible party, you may be facing waiting months or even years until your case is resolved. During this time, financial stress can mount up due to medical bills, lost wages, and other expenses. This is where LawsuitLoans.io can help. We provide lawsuit loans to plaintiffs to tide them over until they receive their settlement.
A lawsuit loan, also known as pre-settlement funding or legal finance, is a cash advance provided against the expected settlement of your lawsuit. Here are the five main steps in our process:
- Apply online through our user-friendly application portal.
- We contact your law firm to gather more information about your case.
- We review all aspects of your case meticulously to determine if a loan makes sense for both parties.
- You sign a contract detailing the terms of the loan. This includes the loan amount, fees, and repayment terms.
- You get the funds, which can be used at your discretion to cover living expenses, medical bills, or any other needs you may have while your case is pending.
Here is an example: John, a resident of Missouri, was seriously injured in a motorcycle accident caused by a negligent driver. While he was recovering and unable to work, his bills were piling up. As part of his personal injury lawsuit, John decided to apply for a lawsuit loan from LawsuitLoans.io. He filled out our online application, and we reached out to his law firm for more details about his case. Upon reviewing these details, we determined that a loan was feasible. John signed our contract, and within 24 hours of approval, he had the funds he needed to survive his challenging financial situation until his case was settled.
Apply today and get funds as soon as the same day you apply!
Types of Motorcycle Accident Claims in Missouri
Motorcycle accidents fall within a broad range. These accidents are typically defined by the way they occur. Here are some of the most common
- Rear-end collisions: These occur when a car hits a motorcycle from behind. It usually happens when the vehicle driver fails to see the motorcyclist when switching lanes or at stop signs.
- Left-turn accidents: This happens when a car making a left turn hits a motorcyclist going straight through an intersection. These accidents account for a large percentage of motorcycle accidents.
- Lane splitting: Lane splitting is when a motorcycle drives between two lanes of stopped or slowly moving cars. This can lead to accidents and injuries.
In Missouri, understanding fault laws is crucial in motorcycle accident claims. The state follows a pure comparative negligence system. This means the value of a claim could decrease based on how much the courts see you as responsible for the accident. Say, for instance, if a judge decided that you were 30% responsible for the incident. Then, you can only get up to 70% of the total claim value. So, it’s important to clearly show the other party’s fault to maximize your chances of a successful lawsuit.
How Much Money Can I Get From my Motorcycle Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. While your case is still in progress, we can advance up to a maximum of 25% of your expected portion of the settlement. For settled cases, we can offer up to 50% of your expected portion of the settlement.
Consider an example where a plaintiff from Missouri involved in a motorcycle accident case is anticipating a settlement worth $350,000. Let’s assume that this case is still not settled and will continue for some time. Typically, medical care providers receive about one-third of the settlement, and the attorney gets another third. This leaves the plaintiff with around $115,000.
In such a scenario, we at LawsuitLoans.io could provide a pre-settlement loan of approximately 25% of that amount, or 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 Missouri
At LawsuitLoans.io, we fund almost any type of roadway accident in Missouri. Browse the following list to view and learn more about our different funding options:
Major Cities we Serve in Missouri
LawsuitLoans.io is proud to serve plaintiffs throughout the United States, including all cities in Missouri. Regardless of your location, our team is dedicated to helping you secure the pre-settlement funding you need. Below, we’re highlighting some of Missouri’s most populous cities where we often provide lawsuit loan funding:
- Kansas City
- St. Louis
- Lee’s Summit
- St. Joseph
- St. Charles
- St. Peters
If you live in any city in Missouri – even if it isn’t on this list – and have a pending personal injury case or other legal claim, don’t hesitate to reach out. We are ready to assess your situation and provide the financial bridging you need while waiting for your case to resolve. Visit our website or call us at (866) 594-1343 to initiate your funding application today.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Missouri Motorcycle Accident Funding FAQs
In this section, we will answer some frequently asked questions (FAQs) from Missouri residents on motorcycle accident funding. Understanding this information can help you make informed decisions regarding your legal financing.
How much does it cost to get a motorcycle accident lawsuit loan?
The cost of a motorcycle accident lawsuit loan varies based on several factors. These factors include the amount you need to borrow, the expected settlement value, and the duration of the loan. You should always ask the lending company for a clear breakdown of costs before accepting a loan.
Do I qualify for a lawsuit loan on my motorcycle accident case?
In most cases, if you are a plaintiff in a motorcycle accident lawsuit and are represented by an attorney, you should qualify for a loan. The exact criteria may depend on the specifics of your case and the policies of the lending company.
Can you get a loan on a motorcycle accident settlement?
Yes, you can. Many pre-settlement funding companies, including LawsuitLoans.io, offer loans based on the expected settlement of a motorcycle accident case. This can provide you with the funds you need while you wait for your case to be resolved.
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.