Wisconsin 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 Wisconsin?
Commercial vehicle accident loans, also known as pre-settlement funding or lawsuit loans, are funds made available to individuals who have pending legal cases. These loans are specifically designed for plaintiffs who have suffered injuries from a commercial vehicle accident in Wisconsin and are waiting for their settlement.
Where traditional loans need to be repaid regardless of the outcome, these fall into a non-recourse category. This simply means that you only repay if you win your case. So, if for any reason your lawsuit does not result in a settlement, you owe nothing back.
Here’s the basic premise of how it works: The plaintiff submits an application for funding; the lawsuit loan company reviews the merits of the case; if approved, the funds are made available to the plaintiff until the case resolves.
The concept of car accident loans is to offer immediate financial relief to plaintiffs struggling with expenses such as medical bills and living costs while they await their legal settlement. If you’re battling with a commercial vehicle accident lawsuit, this may be a helping hand you need.
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 Wisconsin
This section offers crucial information about car accident loans in Wisconsin. It provides you with a detailed review of the average loan amounts, largest loan issued, current interest rates, verdict medians, statute of limitations, and state’s specific at-fault laws. Please see the table below:
|Average car accident loan amount by LawsuitLoans.io in Wisconsin||$14,248.33|
|Largest car accident loan by LawsuitLoans.io in Wisconsin||$71,825.00|
|Average interest rate in Wisconsin||21.7%|
|Median personal injury verdict in Wisconsin||$31,000.00|
|Wisconsin statute of limitations||3 Years; Chapter 893 Section 893.54|
|Wisconsin fault laws||Wisconsin 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 Wisconsin?
If you are involved in a car accident and looking for a lawsuit loan, it’s crucial to understand the eligibility criteria. These criteria are straightforward. The most important aspect relates to the involvement of either a high insurance policy or a self-insured entity. This is a necessary requirement in every commercial vehicle accident claim.
Beyond this, two other requirements must also be met for eligibility. First, you need to have an attorney hired on a contingency basis, which means they get paid only if you win or settle the lawsuit. A lawyer working on a contingency basis shows that your case has a good chance of winning, which gives lenders confidence in your case’s prospects.
Secondly, you need to be at least 18 years old. This is a standard requirement across the board for entering into any legal contract, including lawsuit loans.
In summary, with a high insurance policy or self-insured entity involved, and if you have hired a lawyer on a contingency basis and are above 18 years old, you meet the eligibility criteria for a commercial vehicle accident loan in Wisconsin.
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 Wisconsin
Commercial vehicle accident loans provide plaintiffs with necessary funds while they wait for their legal case to resolve. If you’re a victim of a commercial vehicle accident in Wisconsin and have filed a legal claim, you can apply for a lawsuit loan from LawsuitLoans.io. The process is simple and straightforward, comprising five main steps:
- Apply Online: Fill our easy-to-use application on the LawsuitLoans.io funding application page.
- We Contact your Law Firm: After receiving your application, we will reach out to your law firm to gather necessary information about your case.
- We Review your Case: We scrutinize the details and evaluate the potential outcome of your legal claim. This process is swift and efficient because your wait time is as important to us as it is to you.
- You Sign a Contract: If your case qualifies, we’ll send you a contract outlining your lawsuit loan details. To finalize the process, you need to sign and return this contract.
- You Get Funds: Once the contract is received, you get your funds. These funds can be used for medical bills, living expenses, or other immediate needs while you wait for your legal case to resolve.
Let’s consider an example. John, a Wisconsinite, was injured in a commercial vehicle accident and decided to file a legal claim. He applied for a lawsuit loan from LawsuitLoans.io. After his application was reviewed and approved, he signed the contract and received funding to pay his medical bills and general living expenses as he waited for his case to reach a favorable resolution. The funding provided him with a financial lifeline that saw him through his recovery period without the added stress of medical debts or daily expenditures.
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?
LawsuitLoans.io provides lawsuit loans that range from $500 to more than $1,000,000. If your case is currently ongoing, we can advance a maximum of 25% of your expected share from the settlement. For cases that have already been settled, we can offer up to 50% of your expected share from the settlement.
For instance, let’s consider a plaintiff in Wisconsin involved in a commercial vehicle accident. The estimated value of the claim is $500,000. The case is still ongoing and not expected to settle for some time.
As a general rule, medical providers get about one third of the settlement amount, which is approximately $170,000. The attorney also generally receives about another third. The plaintiff would therefore receive around $170,000. In this scenario, we can advance approximately 25% of the plaintiff’s estimated portion, or $42,500.
What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in Wisconsin?
When dealing with personal injury claims, we at LawsuitLoans.io encounter a variety of situations. One common category we fund involves commercial vehicles in Wisconsin. Each vehicle type has unique aspects that contribute to the dynamics of accident cases.
- Semi-trucks: Known as 18-wheelers or big rigs, these large vehicles transport goods long distances. Due to their size and weight, accidents involving semi-trucks can lead to serious injuries.
- Delivery trucks: Companies like UPS and FedEx use these vehicles extensively. While smaller than semi-trucks, they can still cause significant damage in accidents.
- School buses and city buses: Public transportation vehicles like these travel set paths regularly. Accidents can result in numerous injury claims due to the amount of passengers.
- Taxis and ride-sharing vehicles: Taxis and cars used by companies like Uber and Lyft are on the road constantly. This high usage can increase the chance of an accident.
- Construction vehicles: These include dump trucks, cement mixers, and other vehicles found on construction sites. They present unique hazards due to their design and operation.
While this list covers common types of commercial vehicles, it is not exhaustive. At LawsuitLoans.io, we fund car accident claims involving any kind of privately or commercially used vehicle nationwide. So even if your case does not involve a type of vehicle listed here, you could still qualify for funding.
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 Wisconsin
We at LawsuitLoans.io proudly offer legal funding solutions to residents across Wisconsin. Below are the top 10 cities in Wisconsin that we frequently serve:
- Green Bay
- Eau Claire
This list, however, is by no means limited. We extend assistance to all cities and towns in Wisconsin. Should you wish to learn more about our services or start your funding application, feel free to click here.
You may also call us directly for any queries on our toll-free number: (866) 594-1343. We’re here to assist you nationwide, ensuring fair and timely support for your legal proceedings.
Roadway Accident Cases we Fund in Wisconsin
At LawsuitLoans.io, we fund nearly any type of roadway accident in the state of Wisconsin. Here is a list of specific cases we handle:
- Bicycle Accident Loans: These are loans provided to victims of bicycle accidents while they wait for their legal claim to settle.
- Car Accident Loans: We help car accident victims through their financial struggles by offering them lawsuit loans as they pursue justice.
- Commercial Vehicle Accident Loans: If you’re a victim of a commercial vehicle accident, you can rely on us for pre-settlement funding.
- Government Vehicle Accident Loans: We offer lawsuit loans to individuals who have been harmed in accidents involving government vehicles.
- Motorcycle Accident Loans: Motorcycle accident victims can apply for our lawsuit loans while they work on getting a favorable settlement.
- Pedestrian Accident Loans: Pedestrians injured in accidents should not stress over finances. We are here to help with lawsuit loans.
- Rideshare Accident Loans: We provide financial support through lawsuit loans to people hit by rideshare vehicles.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Wisconsin Commercial Vehicle Accident Funding FAQs
In Wisconsin, plaintiffs involved in commercial vehicle accident litigation often have questions about pre-settlement funding. Some common inquiries include:
How much does it cost to get a commercial vehicle accident lawsuit loan?
The cost of a lawsuit loan on a commercial vehicle accident case varies. There are several factors that influence the cost, such as the strength of your case, any potential damages and the estimated time until settlement. We at LawsuitLoans.io aim to provide cost-effective solutions for our clients.
Do I qualify for a lawsuit loan on my commercial vehicle accident case?
To qualify for a lawsuit loan from LawsuitLoans.io, you must be involved in a pending commercial vehicle accident case with a clear liability against a self-insured corporation or insured party.
Can you get a loan on a commercial vehicle accident settlement?
Yes, plaintiffs awaiting settlement from a commercial vehicle accident case can apply for pre-settlement funding through LawsuitLoans.io funding application. This funding helps plaintiffs handle their financial needs while waiting for the resolution of their claim.