Ohio 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 Ohio
A semi-truck accident loan is a form of pre-settlement funding designed specifically for plaintiffs involved in semi-truck accidents. These loans offer a financial solution to plaintiffs pursuing legal action who may need immediate funds to cover life expenses while they wait for their case to resolve.
Semi-truck accident loans are characterized as non-recourse advances on a plaintiff’s forthcoming accident settlement. This means that if you receive a semi-truck accident loan and do not win your case, you owe nothing back to the lender. The risk lies solely with the funding company, making these type of loans a safer option for plaintiffs in need.
To help visualize this, let’s consider a hypothetical example of a plaintiff named Catherine. Catherine was involved in a semi-truck accident and due to her injuries, she’s been unable to work while her case goes through court or negotiates a settlement. Through a semi-truck accident loan, a company like LawsuitLoans.io could provide Catherine with financial assistance to cover her bills, rent, and necessary life expenses as her case progresses. This allows her to focus on her recovery and legal fight, rather than wrestle with finances.
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 Ohio
Semi-truck accidents can occur in many ways and can lead to serious injuries. Let’s examine a few examples to understand better.
Jackknifing Accidents
These are incidents where a semi-truck folds itself into an acute angle, like a pocket knife. This usually happens when the driver brakes suddenly, causing the trailer to slide towards the cab.
Rollover Accidents
A rollover happens when a truck rolls over onto its side or roof. This could be due to sharp turns at high speeds, sudden braking, or driving on uneven surfaces.
Blind Spot Accidents
Semi-trucks have larger blind spots than regular vehicles. If other road users are not visible in these blind spots, it can cause severe accidents.
Underride Accidents
This type of accident occurs when a smaller vehicle slides underneath a semi-truck’s trailer. It often results from sudden deceleration of the truck or the failure of the other vehicle to maintain a safe distance.
Ohio follows the “modified comparative negligence” rule. This can have a significant impact on the outcome of your lawsuit. Under this rule, if you were at fault for 50% or more, you would not be able to recover any damages. If you are less than 50% at fault, you can recover, but your compensation will be reduced by your percentage of fault.
It’s critical to gather all necessary evidence to build a strong case and accurately establish fault. Reach out to LawsuitLoans.io or call (800) 340-4973 for help with your lawsuit funding needs as you navigate your legal case.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Semi-Truck Accident Loan in Ohio?
Are you a victim of a semi-truck accident in Ohio and considering getting a lawsuit loan to help manage your expenses? You’ve come to the right place. Here, we’ll provide a brief overview of the eligibility criteria for semi-truck accident lawsuit loans.
The primary eligibility criteria for a lawsuit loan are as follows: Firstly, you must have a valid legal claim against an insurance company or a self-insured entity. This means if you can prove that your injuries and damages were caused by the other party’s negligence, you are likely eligible for a lawsuit loan.
Secondly, you need to have an attorney representing you. Your attorney should be hired on a contingency basis. This means they only get paid if you win or settle your case. Having an attorney represents a serious engagement with your case, which is necessary when applying for a lawsuit loan.
Lastly, you must be at least 18 years old. Lawsuit loans are reserved for adults as minors cannot legally enter into contracts in most jurisdictions.
If these criteria apply to you, then you may be eligible for a semi-truck accident lawsuit loan in Ohio. Feel free to reach out to us at LawsuitLoans.io or call us at (800) 340-4973. You can also fill out our funding application located at LawsuitLoans.io funding application.
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 Ohio
If you’ve been in a semi-truck accident in Ohio and are seeking financial relief, lawsuit loans may be the solution for you. Lawsuit loans are also known as auto accident loans. They work by providing funds to plaintiffs while they wait for their legal case to resolve. The process is straight-forward and consists of five key steps:
- Apply online: Visit LawsuitLoans.io Funding Application and complete the form.
- We contact your law firm: After evaluating your application, we get in touch with your lawyer to learn more about your personal injury claim.
- We review your case: Our team of experts assesses the strength of your case and makes a decision on how much pre-settlement funding can be granted to you.
- You sign a contract: If approved, you sign a funding agreement detailing the terms of your lawsuit loan.
- You get funds: Once everything is signed and approved, the funds are transferred directly to your bank account. You can use these funds however you see fit.
Let’s look at an example. John, a truck driver, gets injured in a semi-truck accident in Ohio. While waiting for his lawsuit to settle, he realizes he needs financial support due to his inability to work and mounting medical bills. John applies for a lawsuit loan from LawsuitLoans.io. After completing the online application, our team contacts his law firm to gather more information about the case. Once everything has been reviewed and approved, a contract is signed. Shortly after, John receives the funds directly in his bank account. Thanks to the lawsuit loan, he is now able to take care of his financial needs while waiting for his lawsuit to resolve.
Get Started
Apply today and get funds in as little as 24 hours!
Roadway Accident Cases we Fund in Ohio
At LawsuitLoans.io, we fund almost any type of roadway accident that occurs on Ohio roads. Here’s a brief overview of the kinds of accidents we cover:
- Bicycle Accident Loans: For plaintiffs involved in bicycle accident lawsuits, we offer financial support as they pursue their case.
- Car Accident Loans: We provide funds in advance to individuals waiting for the resolution of their car accident cases.
- Commercial Vehicle Accident Loans: Our funding assists plaintiffs with legal claims arising from commercial vehicle accidents.
- Government Vehicle Accident Loans: Lawsuits involving government vehicles can be complex and lengthy. Financial backing is available for those navigating these types of claims.
- Motorcycle Accident Loans: For motorcyclists who are victims of negligence or road accidents, we offer pre-settlement funding to support their legal battles.
- Pedestrian Accident Loans: Pedestrians injured due to someone else’s negligence can access financial help while they await the outcome of their lawsuit.
- Rideshare Accident Loans: We provide funding for lawsuit victims involved in accidents with rideshare vehicles such as Uber or Lyft.
- Semi-Truck Accident Loans: If you’re involved in a semi-truck accident case, our pre-settlement loan can provide financial relief during the litigation process.
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. If your case is still in progress, we can advance up to a maximum of 25% of your expected share of the settlement. For settled cases, we can offer 50% of your expected portion of the settlement.
Take for instance, an Ohio plaintiff involved in a semi-truck accident case with a $60,000 estimated value. The case is still underway and won’t be settled for some time. As a general rule, medical providers receive about 1/3 of the settlement, while the attorney takes another 1/3. The plaintiff is therefore left with approximately $20,000. In this situation, we could advance around 25% of that figure, equivalent to $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 Ohio
LawsuitLoans.io is proud to serve clients all across the state of Ohio and beyond. Below are the top 10 cities in Ohio by population where we frequently provide our services:
- Columbus
- Cleveland
- Cincinnati
- Toledo
- Akron
- Dayton
- Parma
- Canton
- Youngstown
- Lorain
Ohio Semi-Truck Accident Funding FAQs
We often get numerous inquiries from Ohio residents about semi-truck accident funding. Here are answers to some of your common questions:
How much does it cost to get a semi-truck accident lawsuit loan?
The cost of a lawsuit loan can vary based on several factors. These can include the estimated value of your case, the length of time until settlement, and the amount of money you request. Getting a specific quote is as easy as contacting us at (800) 340-4973 or filling out our LawsuitLoans.io funding application.
Do I qualify for a lawsuit loan on my semi-truck accident case?
Qualifying for a lawsuit loan depends on the circumstances of your case. If you have a valid personal injury claim following a semi-truck accident, it’s likely you could qualify. Discussing your case with us will provide a clearer answer.
Can you get a loan on a semi-truck accident settlement?
Yes, you can get a loan on a semi-truck accident settlement. This kind of funding, known as post-settlement funding, helps if your settlement takes time to be paid out. It allows you to access some of your settlement funds early so you don’t have to wait.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Other Cases we Fund in Ohio
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Ohio. Read more about the personal injury cases we fund in Ohio 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 Ohio here:
Get Started
Apply today and get funds in as little as 24 hours!