Georgia Commercial Vehicle Accident Loans

What Are Commercial Vehicle Accident Loans in Georgia

Commercial vehicle accident loans in Georgia are special forms of funding provided to plaintiffs involved in personal injury cases that stem from car accidents. These types of funding, often referred to as car accident loans, are mechanisms which can provide financial relief to victims who are awaiting settlement payouts from their legal cases.

Car accident loans are non-recourse advances on a plaintiff’s future car accident settlement. The term “non-recourse” in this context refers to the fact that the borrowed funds only have to be repaid if the plaintiff wins their case or gains a settlement. If the legal claim fails, the borrower is not required to repay the loan.

This type of funding removes the burden of stress that typically accompanies waiting for a legal case to resolve, and it enables the victim to sustain their daily living costs, pay outstanding bills, medical expenses, or any other costs, while they await the final outcome of their case.

Key Information About Car Accident Loans in Georgia

In Georgia, a car accident loan can provide crucial financial aid to plaintiffs dealing with the aftermath of a traffic collision. As they’re waiting for their case to resolve, LawsuitLoans.io helps to ease their monetary burdens. Here is some pivotal information summarized in the following table:

Am I Eligible for a Commercial Vehicle Accident Loan in Georgia?

If you have been involved in a commercial vehicle accident and want to know if you are eligible for a lawsuit loan in Georgia, there is some important criteria to understand. It’s not a lengthy list, but important nonetheless.

First, as in any commercial vehicle accident claim, there must be a high insurance policy or self-insured entity clearly involved. This is often the biggest factor in determining your eligibility for a lawsuit loan.

The second criteria for eligibility is having an attorney hired on a contingency basis. With this type of arrangement, your attorney only gets paid if you win your claim. It’s an assurance that your case will be looked after with the due attention it deserves.

Last but not least, the final criteria is your age. In Georgia and most states, you need to be at least 18 years old to apply for a lawsuit loan. If you meet all these conditions, chances are good that you might qualify for a lawsuit loan for your commercial vehicle accident claim.

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

LawsuitLoans.io provides pre-settlement loans that vary anywhere from $500 to over $1,000,000. If your case is in the process of being settled, we can advance you a maximum of 25% of your anticipated share of the settlement. Alternatively, if your case has already been settled, we can offer up to 50% of your expected share of the settlement.

Let’s look at an example. There is a plaintiff in Georgia who has been involved in a commercial vehicle accident and has a claim estimated at $500,000. The case is still ongoing and will not be settled for a while. Commonly, medical providers receive approximately one third of the settlement and another third goes to the attorney, leaving the plaintiff with around $170,000. In such a case, we can provide a funding advance approximately 25% of that amount, which would be around $42,500.

What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in Georgia?

Several types of commercial vehicles operate on Georgia roads. Many of these vehicles have been involved in the various cases that LawsuitLoans.io funds nationwide. Regardless, we provide funding for car accident claims involving any privately or commercially used vehicle. Here’s a brief overview of common commercial vehicles in Georgia:

• Tractor-trailers: These are large trucks that can carry heavy loads. They are common on major highways and often involved in severe accidents due to their size.
• Buses: Public transit buses, coach travel buses, and school buses are all frequently seen in Georgia. When accidents occur, they can affect many passengers and other road users.
• Delivery vans: Delivery services use these vehicles to deliver goods to businesses and residences. Delivery van accidents can occur due to tight schedules and rushed deliveries.
• Taxis and ride-share vehicles: These vehicles are ubiquitous in urban areas. Unfortunately, they can get into accidents just like any other vehicle.

While these vehicles are commonly involved, remember that any type of vehicle can be part of an accident claim. Whether you’ve been injured in an accident involving these commercial vehicles or any other kind of vehicle, LawsuitLoans.io is here to support you financially through your lawsuit.

Roadway Accident Cases we Fund in Georgia

At LawsuitLoans.io, we offer funding for a broad array of roadway accident cases in Georgia. Regardless of the type of accident you’ve been involved in, we’re here to help. Here are just a few of the situations we specialize in:

• Bicycle Accident Loans: We provide loans to victims of bicycle accidents while they await settlement.
• Car Accident Loans: Car accident claims can take time. Our loans can support you financially during this period.
• Commercial Vehicle Accident Loans: If you were in an accident involving a commercial vehicle, we can support you with a loan.
• Semi Truck Accident Loans: Semi truck accidents can cause significant injuries. Our loans can help to ease financial pressure as you seek compensation.
• Government Vehicle Accident Loans: Suing a government entity can take time. Our loans can help you continue your fight for justice.
• Motorcycle Accident Loans: As a victim of a motorcycle accident, we can provide the funds you need while waiting for your case to be settled.
• Pedestrian Accident Loans: If you were hit by a car as a pedestrian, our loans can ease your financial burden during your legal claim.
• Rideshare Accident Loans: If you were a passenger or driver in a rideshare accident, our loans can be of assistance while you await compensation.

Cities we Service in Georgia

LawsuitLoans.io provides funding throughout Georgia. See more about our funding in Georgia by visiting the city pages below:

• Atlanta
• Columbus
• Augusta
• Macon
• Savannah
• Athens
• Sandy Springs
• South Fulton

Other Cases we Fund in Georgia

LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Georgia. Read more about the personal injury cases we fund in Georgia 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 Georgia here:

• Car Accident Loans
• Rideshare Accident Loans
• Pedestrian Accident Loans
• Motorcycle Accident Loans
• Bike Accident Loans
• Semi Truck Accident Loans
• Government Vehicle Accident Loans