Texas Car Accident Loans

Key Information About Car Accident Loans in Texas

This section gives an overview of some important stats about car accident loans in Texas. The details include the average loan amount provided, the highest loan disbursed by LawsuitLoans.io, and more relevant information.

Am I Eligible for a Car Accident Loan in Texas?

Getting involved in a car accident can be stressful and financially draining. But, did you know that if you’ve had a car accident in Texas, you might be eligible for a lawsuit loan? This loan is provided to plaintiffs who are awaiting the settlement of their cases.

There are several criteria you need to meet to be eligible for this kind of funding. The first is that you must have a valid legal claim. This claim could be against an insurance company or a self-insured company. In other words, someone else has to be at fault for the accident, and legally responsible for the damage caused.

The second main criterion is that you must have hired an attorney to represent you on a contingency basis. This means that your attorney agrees to be paid their fees only if they win the case for you. They take a percentage of your settlement or judgment as their fee.

Last but not least, you need to be 18 years old. This is because minors cannot legally enter into a contract under Texas law.

If you fit these criteria, then congratulations! You might be one step closer to securing a loan to cover your costs while waiting for your case to settle.

Car Accident Loan Process in Texas

If you are injured in a car accident in Texas and need funds while your legal case is still in process, then a lawsuit loan could be an ideal option. We at LawsuitLoans.io offer auto accident loans to help plaintiffs bear their expenses with ease. The process involved is simple and straightforward. Let’s take a look at the primary steps:

• Apply online: Visit our website and fill out the LawsuitLoans.io funding application. It’s a very simple form meant to gather basic details about you and your case.
• We contact your law firm: After receiving your application, our team will connect with your law firm to discuss additional details of your case.
• We review your case: Our underwriting team thoroughly reviews all provided materials to come to a decision on the funding amount.
• You sign a contract: Once approved, we will send you a contract to sign which outlines the loan terms and repayment details.
• You get funds: After the contract is agreed upon and signed, we disburse the funds directly to your account.

Here’s an example to better explain it. John, a resident of Texas, suffered injuries in a car accident. He applied for a lawsuit loan from LawsuitLoans.io to cover his medical and other expenses during the legal processing time. He filled out the online application, we contacted his law firm, reviewed the case, sent him a contract to sign after approval, and once we received back the signed contract, transferred the funds to his bank account. Using this lawsuit loan, John was able to comfortably manage his expenses while waiting for his legal proceedings to finalize.

So, victims of car accidents no longer have to worry about financial stress while they await their settlement. Our auto accident loan aims to help you stay financially stable throughout your lawsuit in Texas. If you have any more queries, please feel free to reach us at our toll-free phone number (866) 594-1343 or our website.

Roadway Accident Cases we Fund in Texas

Here at LawsuitLoans.io, we understand the stress and hardship that can come with any type of roadway accident. We’re here to provide financial assistance for almost any kind of roadway accident in Texas. Here are just a few examples:

• Bicycle Accident Loans: We fund cases involving bicycle accidents. You don’t have to struggle financially while recovering from such event.
• Car Accident Loans: Accidents involving cars can lead to severe injuries. We provide funding to help victims during the legal process.
• Commercial Vehicle Accident Loans: These involve accidents with vehicles used for business purposes. We can help you cope financially as your case unfolds.
• Government Vehicle Accident Loans: Accidents involving government vehicles can be complex. While you wait for your claim resolution, we can provide relief with funding.
• Motorcycle Accident Loans: Motorcycle accident victims may qualify for our pre-settlement funding. You can focus on healing while we handle the financial burden.
• Pedestrian Accident Loans: If you’re a pedestrian injured in an accident, we can fund your claim to ease your financial worries.
• Rideshare Accident Loans: Were you involved in a rideshare accident? Our funding solutions can help you manage financially during this tough time.
• Semi-Truck Accident Loans: Dealing with semi-truck accidents can be a long process. We offer funding options to help get through such cases.

How Much Money Can I Get From my Car Accident Pre-settlement Loan?

Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We are able to advance up to a maximum of 25% of your expected portion of the settlement if your case is currently in progress. For cases that have settled, we can offer 50% of your expected portion of the settlement.

Let’s look at an example. Consider a plaintiff residing in Texas who is involved in a car accident case with an estimated value of $50,000. The case is still progressing and won’t settle for a while. Generally, medical providers receive around 1/3 of the settlement, and the attorney gets another 1/3 of the settlement. As a result, the plaintiff would receive around $17,000. Based on our policy, we can advance approximately 25% of that amount which equates to $4,250.

Major Cities we Serve in Texas

At LawsuitLoans.io, we are proud to extend our services to clients nationwide. In the Lone Star State of Texas, we reach out to a multitude of cities, providing pre-settlement funding for personal injury and other legal claims. Here is a list of the top 10 cities we serve in Texas, ordered by population size:

1. Houston
2. San Antonio
3. Dallas
4. Austin
5. Fort Worth
6. El Paso
7. Arlington
8. Corpus Christi
9. Plano
10. Laredo

It’s important to note that these are just a few of the cities we serve. If you are a resident of Texas, or any other state, and need litigation funding, do not hesitate to reach out. Contact us at (866) 594-1343 or use our online funding application. We are here to support you through your legal journey.

Texas Car Accident Funding FAQs

We often receive a ton of questions from Texas residents interested in car accident lawsuit loans. Therefore, we’ve decided to provide answers to the most frequently asked ones below:

How much does it cost to get a car accident lawsuit loan?

The cost of obtaining a car accident lawsuit loan can vary based on several factors. These factors include the amount you’re requesting, the expected payout from your lawsuit, and the estimated time it will take for your case to be resolved. You can learn more details by visiting the LawsuitLoans.io website or contacting us at our toll free number, (866) 594-1343.

Do I qualify for a lawsuit loan on my car accident case?

Typically, in order to qualify for a lawsuit loan, you need to have a valid litigation or claim. In the case of car accidents, mostly, you should have a personal injury lawsuit. Furthermore, you should also have an attorney representing you. To check whether you meet the requirements for a lawsuit loan, you can fill up our application form located at LawsuitLoans.io funding application.

Can you get a loan on a car accident settlement?

Yes, it is possible to get a loan against your car accident settlement. LawsuitLoans.io provides pre-settlement funding to plaintiffs awaiting their legal cases to resolve. Essentially, we provide a cash advance based on the estimated settlement amount of your lawsuit. You can learn more by contacting us or visiting our website.