New Jersey Semi Truck 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 Semi-Truck Accident Loans in New Jersey
Semi-truck accident loans, also known as lawsuit loans or pre-settlement funding, are funds provided to plaintiffs involved in semi-truck accidents in New Jersey. These funds assist individuals as they await the resolution of their legal case. The critical aspect to know is that these loans are non-recourse advances. In simpler terms, you only pay back if you win your case.
Considering an everyday scenario will make this clearer. Nicholas, a truck driver, gets involved in an accident which wasn’t his fault. Due to injuries, he cannot work and thus, has no earning. However, the expenses related to recovery, regular living costs do not stop. This is where a semi-truck accident loan comes to the rescue.
When Nicholas files a lawsuit seeking compensation for his accident, it would consume quite some time to resolve due to the complexity of the legal process. During this period, LawsuitLoans.io can provide him with a semi-truck accident loan so he can maintain financial stability. The money he receives as a loan isn’t subject to repayment unless he wins the lawsuit and gains a settlement. If for some reason, he doesn’t win the case, he owes nothing to the company.
The sole aim of the semi-truck accident loan by LawsuitLoans.io is to provide support to plaintiffs like Nicholas financially during trying times. It’s a relief knowing that one can focus on recovery without worrying about immediate financial constraints.
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 New Jersey
Semi-truck accidents often lead to devastating consequences due to the sheer size and weight of these vehicles. When it comes to such accidents in New Jersey, there are several types of claims that could arise. Here, we will outline a few examples along with an explanation of how they occur.
Firstly, there is the jackknife accident. This occurs when the semi-truck folds in on itself at the pivot point, creating a shape similar to a jackknife. Factors like poor weather conditions, sudden braking, or even equipment failure can cause these accidents.
Secondly, you might find cases of underride accidents. These happen when a smaller vehicle slides under the rear or side of the semi-truck, often resulting in significant damage. Misjudgment of distance, failure to signal, or slippery roads could lead to such accidents.
Last, there are rollover accidents where the truck tips over due to reasons like high speed or load shifting.
New Jersey follows the comparative negligence law, which means the fault may not rest entirely on one party. If it’s found that the plaintiff was partly responsible for the accident, their compensation might be reduced proportionally. Therefore, the circumstances of your accident significantly affect the success of your lawsuit.
For help with your semi-truck accident claim, consider reaching out to LawsuitLoans.io. Our team can provide funding while you wait for your case to resolve, ensuring that financial stress doesn’t derail your pursuit of justice.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Semi-Truck Accident Loan in New Jersey?
If you’re wondering whether you qualify for a semi-truck accident lawsuit loan in New Jersey, we have some key factors to consider. Primarily, there are three main criteria for eligibility.
Firstly, you should have a valid legal claim. This means that you must have a lawsuit against an insurance company or a self-insured company in relation to your semi-truck accident. It’s important to demonstrate that your claim has substantial grounds.
Secondly, you need to have hired an attorney on a contingency basis. In other words, your attorney will only be paid if they win your case. Having an attorney secured confirms the validity and seriousness of your claim.
Finally, you must be at least 18 years old. As per legal regulations, minors are not eligible to apply for semi-truck accident lawsuit loans.
Meeting these fundamental criteria increases your chances of securing a lawsuit loan 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 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.
Semi-Truck Accident Loan Process in New Jersey
Auto accident loans are simple and straightforward tools designed to aid plaintiffs. They are usually utilized by those who have been injured in incidents like semi-truck accidents and are awaiting the resolution of their lawsuit. The steps for acquiring an auto accident loan are easy to follow and can be summed up in five main stages:
- Apply online: You can start your loan process through the online platform. Once there, you’ll submit a brief application detailing your case.
- We contact your law firm: After receiving your application, our team will get in touch with your attorney for more information about your case.
- We review your case: We’ll conduct an exhaustive review of your case to make sure you qualify for the pre-settlement funding.
- You sign a contract: If your case qualifies, we’ll send you a fair and transparent contract for you to sign.
- You get funds: Upon signing, the funds are electronically transferred to your account immediately.
To better illustrate this process, let’s consider an example of a plaintiff, say John, who was involved in a semi-truck accident in New Jersey. John sustained serious injuries due to the negligence of the truck driver and decided to file a lawsuit, but the legal process seemed to take forever. In the meantime, John was out of work and had medical expenses piling up.
John learned about LawsuitLoans.io and filed an application online. Our team contacted his attorney promptly to understand more about the case. After a thorough review, we concluded that John qualified for an auto accident loan. We then sent him the contract which he signed and in no time his funding was sent to him, empowering John’s journey to justice.
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Apply today and get funds in as little as 24 hours!
Roadway Accident Cases we Fund in New Jersey
We fund a wide variety of roadway accidents in New Jersey. Below you’ll find some of the more common types we provide support for:
- Bicycle Accident Loans: Seeking help after a bike accident? Our loans can help you stay financially stable during your legal proceedings.
- Car Accident Loans: Car accident cases can be lengthy and expensive. Our loans can ease that financial burden.
- Commercial Vehicle Accident Loans: If you’re in a legal battle due to a commercial vehicle accident, our loans can offer the financial help you need while you wait for a resolution.
- Government Vehicle Accident Loans: Government vehicle accident cases can be especially complex. Our loans can provide some financial relief during this challenging time.
- Motorcycle Accident Loans: Motorcycle accidents can have serious consequences. Our funding can help cover your expenses during your case.
- Pedestrian Accident Loans: Pedestrian accident cases can take time to resolve. Our loans can help maintain your financial stability while you wait.
- Rideshare Accident Loans: If you’ve been involved in a rideshare accident, our funding can provide financial support during your court case.
- Semi-Truck Accident Loans: Semi-truck accidents can lead to complex legal cases. Our loans can offer the financial aid you need during this stressful period.
How Much Money Can I Get From my Semi-Truck Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $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 use an example to clarify our approach: Consider a plaintiff from New Jersey involved in a car accident case with an estimated value of $60,000. The case is still in progress and will not settle for some time. As a general rule of thumb, medical providers get paid around 1/3 of the settlement, the attorney gets another 1/3 of the settlement, leaving the plaintiff with roughly $20,000. In such a case, we can advance approximately 25% of that amount, which is $5,000.
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 New Jersey
At LawsuitLoans.io, we proudly serve plaintiffs across the United States, including those residing in New Jersey’s top cities. The popular cities within the state where we’ve extended our funding services based on population size are:
- Newark
- Jersey City
- Paterson
- Elizabeth
- Edison
- Woodbridge Township
- Lakewood Township
- Toms River
- Hamilton Township
- Trenton
Nevertheless, our funding assistance is not confined to these cities. We extend our helping hand to residents from all cities in New Jersey and also nationwide. Visit our website LawsuitLoans.io or call us toll free at (800) 340-4973 for more information. To begin the application process, click here.
New Jersey Semi-Truck Accident Funding FAQs
If you’re a resident of New Jersey and have been involved in a semi-truck accident, you may have several important questions about obtaining a lawsuit loan. We will address the most frequently asked questions here.
How much does it cost to get a semi-truck accident lawsuit loan?
The exact cost to obtain a lawsuit loan can vary based on many factors. However, at LawsuitLoans.io, we pride ourselves on having competitive rates. For a specific quote, please click here or call us at (800) 340-4973.
Do I qualify for a lawsuit loan on my semi-truck accident case?
If you have a pending semi-truck accident case with an attorney, and you were severely injured due to someone else’s negligence, you’re likely eligible for a lawsuit loan. However, each case is unique, so we encourage you to apply online here for a free assessment.
Can you get a loan on a semi-truck accident settlement?
Yes, you can! If your semi-truck accident case has reached a settlement phase, but you’re still waiting for your payout, LawsuitLoans.io can help you get an advance on your forthcoming settlement.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Cities we Service in New Jersey
LawsuitLoans.io provides funding throughout New Jersey. See more about our funding in New Jersey by visiting the city pages below:
Other Cases we Fund in New Jersey
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in New Jersey. Read more about the personal injury cases we fund in New Jersey 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 New Jersey here:
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Apply today and get funds in as little as 24 hours!