Arizona Bike 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
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What Are Bicycle Accident Lawsuit Loans in Arizona?
A bicycle accident lawsuit loan in Arizona is a type of funding provided to plaintiffs who suffered an injury in a bike accident. While you wait for your lawsuit case to reach a conclusion, you may face financial hardship due to medical bills and lost wages. A bicycle accident lawsuit loan can alleviate this financial stress, giving you much-needed funds. The loan provides a pre-settlement cash advance based on the potential settlement amount from your injury claim.
One of the most critical points to highlight about these loans is that they are non-recourse advances. This means that if you don’t win your case, you don’t need to repay the loan. The repayment depends solely on the outcome of your case. Your future car accident settlement will cover the repayment. Thus, a bike accident lawsuit loan serves as insurance for clients while they focus on their case and recovery.
Apply today for a bicycle accident lawsuit loan and take the first step towards easing your financial burden.
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 Arizona
If you have been involved in a car accident in Arizona, obtaining a lawsuit loan can prove to be extremely beneficial. This source of funding is known to help plaintiffs meet their financial responsibilities as they await the resolution of their case. Here are some essential facts about car accident loans provided by LawsuitLoans.io in Arizona:
| Average car accident loan amount by LawsuitLoans.io in Arizona | $25,290.00 |
| Largest car accident loan by LawsuitLoans.io in Arizona | $44,940.00 |
| Average interest rate in Arizona | 18.1% |
| Median personal injury verdict in Arizona | $5,000 to $80,000 |
| Arizona statute of limitations | 2 Years; Arizona Revised Statutes Section 12-542 |
| Arizona fault laws | Arizona is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
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.
Am I Eligible for a Bicycle Accident Loan in Arizona?
When it comes to a bicycle accident lawsuit loan in Arizona, certain eligibility criteria need to be met. These loans are a form of pre-settlement funding, provided to plaintiffs during the legal proceedings of their case.
The primary eligibility criteria include:
- A valid legal claim: You need to have an ongoing personal injury case against an insurance company or a self-insured organization, which resulted from the bicycle accident.
- Hiring an attorney on contingency basis: It is essential that you have a lawyer handling your case who is paid on a result-based agreement. This means, they get paid if you win the case.
- Be at least 18 years old: The applicant must be at least 18 years of age to apply for a bicycle accident loan.
These three conditions generally form the foundation for eligibility, but more specific criteria may apply depending upon the nature and complications of your case.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Bike Accident Claims in Arizona
In the state of Arizona, bike accidents occur all too frequently. Here are a few examples and an explanation about their implications in the context of Arizona law.
1. Car-Door Accidents
These occur when a car’s door unexpectedly opens in the pathway of a cyclist. This situation often leaves the cyclist with limited options to avoid a collision. In Arizona, traffic laws state that motor vehicle operators should not open a door until it is safe to do so, which could strengthen a plaintiff’s claim in this scenario.
2. Right of Way Accidents
Right of way accidents happen when cars entering the roadway fail to yield to cyclists already on the road. The failure to respect the right-of-way rules can contribute to the liability of the driver in fault, improving the plaintiff’s chances of getting compensated.
3. Rear-end Accidents
Rear-end accidents involve a vehicle hitting a cyclist from the rear. Often this can be a result of distracted driving. Under Arizona’s fault laws, drivers are deemed responsible for maintaining a safe distance from cyclists; hence, the plaintiff has a high chance of success in these cases.
In conclusion, a comprehensive understanding of the nature of your bike accident and how Arizona fault laws apply to your case significantly influences the success of your lawsuit. For more information, or to apply for pre-settlement funding, visit LawsuitLoans.io or call us toll free at (800) 340-4973.
Get Started
Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Bike 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 share of the settlement if your case is still being resolved. For cases that have been settled, we can offer up to 50% of your expected share of the settlement.
Let’s consider an example of a plaintiff from Arizona involved in a bike accident case, with an estimated value of $750,000. The case isn’t settled yet and won’t be for a while. Typically, medical providers receive around one-third of the settlement, and the attorney gets another third. This leaves the plaintiff with about $250,000. In this scenario, we could advance approximately 25% of that amount, or $52,500.
Roadway Accident Cases we Fund in Arizona
We provide funding for almost any type of roadway accident in Arizona. Here are some of the cases we fund:
- Bicycle Accident Loans: If you’ve been injured in a bicycle accident, we can help with your case-related costs.
- Car Accident Loans: Car accident victims awaiting settlement can secure funds to manage expenses in the meantime.
- Commercial Vehicle Accident Loans: If you’re suing a commercial vehicle operator or company, we can fund your legal action.
- Government Vehicle Accident Loans: Legal actions against government entities have their unique challenges. We can fund these cases too.
- Motorcycle Accident Loans: Motorcycle accident victims can also benefit from our lawsuit loan services.
- Pedestrian Accident Loans: If you’ve been hit as a pedestrian, we can assist with case-related finances until your settlement comes through.
- Rideshare Accident Loans: We also provide funding for cases involving rideshare companies like Uber and Lyft.
- Semi-Truck Accident Loans: Those filing suits after semi-truck accidents can fund their legal expenses with our help.
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.
Other Cases we Fund in Arizona
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Arizona. Read more about the personal injury cases we fund in Arizona 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 Arizona here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in Arizona?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in Arizona.