Delaware 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 Delaware?
If you are a victim of a bike accident in Delaware, a bicycle accident lawsuit loan may be an option for you. This isn’t a loan like you’d get from a bank. Instead, it’s an advance on the settlement you hope to receive from your lawsuit.
Lawsuit loans, also known as pre-settlement funding, are designed to give plaintiffs financial help while their case is still pending. With this kind of loan, you can get the cash you need now, instead of waiting for your case to settle.
A key feature of these loans is that they are non-recourse. This means if you don’t win your case, you don’t have to pay back the money. The risk is all on the lender, not you.
To apply for a bicycle accident lawsuit loan, you can visit LawsuitLoans.io funding application, or call (800) 340-4973. At LawsuitLoans.io, we are committed to helping you manage your finances during this challenging time.
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 Delaware
In the state of Delaware, car accident loans offer a financial lifeline to those in the midst of a legal fight. They provide cash advances to plaintiffs who are awaiting settlement in their personal injury case. Here are some key facts and figures on car accident loans from LawsuitLoans.io in Delaware:
| Average car accident loan amount by LawsuitLoans.io in Delaware | $3,754.50 |
| Largest car accident loan by LawsuitLoans.io in Delaware | $8,425.00 |
| Average interest rate in Delaware | 20.6% |
| Median personal injury verdict in Delaware | $31,000.00 |
| Delaware statute of limitations | 2 Years; Title 18 Delaware Code Title 10 Section 8101 |
| Delaware fault laws | Delaware is a “no-fault” state, but also allows for “at-fault” claims, meaning your own insurance may cover your losses. |
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 Delaware?
Eligibility for a bicycle accident lawsuit loan depends on several factors. The first and foremost of these is an ongoing legal claim against an insurance company or a self-insured company. Without this, the basis for your lawsuit loan request falls through.
Secondly, you must have hired an attorney on a contingency basis. This means that your attorney will only get paid if you win your case or achieve a settlement. Your attorney’s willingness to work on this basis demonstrates to the funding company that your legal case is strong and has a good chance of success.
Lastly, you must be at least 18 years old. This is a legal requirement and one we cannot overlook.
In summary, if you are a Delaware resident and you are the victim of a bicycle accident with a valid legal claim, have an attorney willing to take on your case on a contingency basis, and are 18 years old, there’s a good chance you’ll be eligible for a lawsuit loan from LawsuitLoans.io.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Bike Accident Claims in Delaware
Bike accidents can present many varied scenarios that could lead to legal claims. Here, we explore some of the most common types and how Delaware’s fault laws may influence the outcome of your lawsuit.
Hit-and-Run Accidents
A hit-and-run accident refers to incidents where a vehicle collides with a bike and then flees the scene without stopping to help or report the accident. This behavior is not only unethical but also illegal. In Delaware, hit-and-run drivers are severely penalized, and victims have the right to seek compensation for their damages.
Collisions at Intersections
Bicycle accidents often occur at intersections where traffic coming from different directions merges. Fault typically falls on the driver who failed to yield right of way. However, if a cyclist didn’t follow traffic rules, Delaware’s comparative fault law could reduce their compensation.
Dooring Accidents
‘Dooring’ happens when a car door opens directly in front of a passing cyclist causing them to collide with it. Liability generally falls on the person who opened the door, however, the circumstances of each case may vary.
Failure to Share the Road
The failure of motor vehicle drivers to share the road makes biking dangerous. When drivers do not leave enough space when overtaking bikes or fail to recognize bikes in traffic, they can be held liable for collision-related damages.
Note: Under Delaware law, blame may be shared in an incident. If a court finds the cyclist partly responsible for their accident, any compensation may be reduced according to the cyclist’s share of the fault.
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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 anywhere between $500 to over $1,000,000. The exact amount we are prepared to advance depends significantly on the current stage and potential value of your lawsuit.
If your case is still in progress, we offer up to 25% of your expected settlement. For already settled cases, we’re in a position to provide as much as 50% of your anticipated portion of the settlement. This is to ensure that you have adequate funds while you’re waiting for your case to officially close.
To give an example: Consider you are a plaintiff in a Delaware bike accident case with an estimated value of $750,000. However, the case is still in progress and will not be settled for a while. Typically, medical providers and your attorney would each be entitled to roughly 1/3 of the settlement, leaving around $250,000 for you, the plaintiff. In such a situation, we could advance approximately 25% of that sum or $52,500.
The primary goal of LawsuitLoans.io is to give you financial stability during a challenging time. For more information or to start with the application process, please visit our funding application page.
Roadway Accident Cases we Fund in Delaware
At LawsuitLoans.io, we can provide funds for nearly any kind of roadway accident that happens in Delaware. Here are some specific types of cases we can support:
- Bicycle Accident Loans: If you’re a cyclist who has been injured on the road, we can provide financial support as your legal case progresses.
- Car Accident Loans: Injured in a car accident? We offer funds to help tide over your financial needs during the lawsuit process.
- Commercial Vehicle Accident Loans: Involved in an accident with a commercial vehicle? You might be eligible for funding to carry you through your lawsuit period.
- Government Vehicle Accident Loans: Cases involving government vehicles can take time to resolve. We provide financial assistance to help manage expenses during this time.
- Motorcycle Accident Loans: Motorcyclists often face severe injuries and long recovery periods. Our funding can help ease financial strain during your lawsuit.
- Pedestrian Accident Loans: If you were hit as a pedestrian, you might face costly medical bills. We offer lawsuit loans to support you financially during this challenging time.
- Rideshare Accident Loans: Got into an accident while using a rideshare service? You can apply for pre-settlement funding while your claim is settled in court.
- Semi-Truck Accident Loans: Accidents involving semi-trucks can lead to serious injuries and loss. Our lawsuit loans provide necessary funds until your claim is resolved.
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.
Cities we Service in Delaware
LawsuitLoans.io provides funding throughout Delaware. See more about our funding in Delaware by visiting the city pages below:
Other Cases we Fund in Delaware
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Delaware. Read more about the personal injury cases we fund in Delaware 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 Delaware here: