Iowa Motorcycle 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 Motorcycle Accident Lawsuit Loans in Iowa?
Motorcycle Accident Lawsuit Loans are financing solutions designed to help plaintiffs involved in motorcycle accidents in Iowa. These loans provide financial relief as plaintiffs await the resolution of their legal claims. The funds provided through these loans can be used at the plaintiff’s discretion to cover all sorts of expenses, from medical bills to everyday living costs.
The uniqueness of Motorcycle Accident Lawsuit Loans lies in their structure; they are non-recourse advances on a future car accident settlement. This means that these funds are essentially an advance on the potential settlements that the plaintiffs are likely to receive at the end of their lawsuits. Thus, only when the claim is successfully resolved in favor of the plaintiff do they need to repay the loan.
One key thing to note about these loans is that if the case doesn’t settle in the plaintiff’s favor, the advanced funds do not have to be repaid. This aspect reflects the non-recourse nature of these loans, offering much-needed financial security to plaintiffs amidst their ongoing lawsuits.
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 Iowa
If you’ve been involved in a car accident in Iowa and are seeking financial help, LawsuitLoans.io can assist you. Car accident loans are beneficial funds provided while you wait for the resolution of your legal case. The following table gives a snapshot of key data relating to car accident loans in Iowa.
| Average car accident loan amount by LawsuitLoans.io in Iowa | $17,308.60 |
| Largest car accident loan by LawsuitLoans.io in Iowa | $76,993.00 |
| Average interest rate in Iowa | 21.5% |
| Median personal injury verdict in Iowa | $36,513.00 |
| Iowa statute of limitations | 2 years; Iowa Code Ann. Section 614.1 |
| Iowa fault laws | Iowa 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 Motorcycle Accident Loan in Iowa?
If you’ve been involved in a motorcycle accident in Iowa and are currently pursuing a lawsuit against an insurance company or a self-insured entity, you might be wondering if you are eligible for a motorcycle accident loan. This kind of loan often plays a key role in helping plaintiffs who are under financial strain as they wait for the resolution of their case.
Here are some key eligibility criteria to consider. First, you must have a valid legal claim against an insurance or self-insured company. This usually means you are the victim of an accident in which another party is at fault. Second, you should have an attorney hired on a contingency basis. This signifies that your attorney believes in the merits of your case, as they are willing to get paid only if you win or settle the case. Finally, but certainly not least, you must be at least 18 years old.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Motorcycle Accident Claims in Iowa
Motorcycle accidents could happen in various ways, each with its possible consequences. This section provides some common examples of motorcycle accidents, the likely causes, and how Iowa’s fault laws might impact a plaintiff’s chances of winning their lawsuit due to the circumstances of their accident.
Rear-End Accidents
These occur when another vehicle hits a motorcycle from behind. It usually happens due to the failure of the other driver to keep a safe following distance. In such cases, Iowa’s fault laws are typically favorable to motorcyclists, as the rear driver is commonly at fault.
Left-Turn Accidents
A left-turn accident occurs when a motorcycle is hit by a car making a left turn. These accidents often result from driver negligence or misjudgment of the motorcycle’s speed. Under Iowa’s fault laws, the turning driver is reasonably found to be at fault unless exceptional circumstances prevail.
Collisions with Parked Motorcycles
A parked motorcycle is sometimes hit by a moving vehicle. Drivers who collide with stationary objects like parked motorcycles are frequently found at fault under Iowa’s fault laws, possibly increasing the motorcycle owner’s chances of lawsuit success.
Remember, it’s paramount to have good legal representation when dealing with accidents. They can assist in understanding the law better, paving the way for a successful claim. For additional help, reach out to LawsuitLoans.io, a pre-settlement funding company that provides funds to plaintiffs awaiting a legal case resolution.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Motorcycle Accident Pre-settlement Loan?
LawsuitLoans.io makes lawsuit loans that span from $500 up to over $1,000,000. If your case is currently in progress, we can lend you up to a quarter – 25% – of the settlement you expect to receive. If your case has been settled already, we can lend you half – 50% – of your expected settlement amount.
To illustrate, let’s say you’re a plaintiff in Iowa dealing with a motorcycle accident case. The estimated value of your settlement could be $350,000. However, the case is still ongoing and won’t be settled for a considerable length of time. Normally, medical providers receive about one-third of the settlement amount, while another third goes to the attorney. This leaves you with roughly $115,000.
Given these conditions, LawsuitLoans.io may be able to advance you approximately 25% of your portion of the settlement, which comes out to roughly $29,000.
Roadway Accident Cases We Fund in Iowa
We offer funding for almost any type of roadway accident taking place in Iowa. Here are some examples:
- Bicycle Accident Loans: If your bicycle accident is due to another party’s negligence, we can provide you with the funds you need while waiting for your case outcome.
- Car Accident Loans: Car crash injuries can cause significant financial stress. Our car accident loans can help mitigate that stress as you await your lawsuit resolution.
- Commercial Vehicle Accident Loans: Commercial vehicle accidents can lead to extensive damages. We can help bridge the financial gap while you’re waiting for your settlement.
- Government Vehicle Accident Loans: Claims against government entities can take a long time to resolve. Our funding can offer financial comfort during this lengthy process.
- Motorcycle Accident Loans: If you’re injured in a motorcycle accident due to someone else’s fault, we can provide financial support through our loan program as your case progresses.
- Pedestrian Accident Loans: Pedestrian accidents can result in severe injuries with high medical costs. Our pedestrian accident loans can help you weather this difficult time.
- Rideshare Accident Loans: If you’ve been injured in a rideshare accident, our lawsuit funding can provide financial relief as you await your lawsuit outsome.
- Semi-Truck Accident Loans: Semi-truck accidents can cause significant damages and personal injuries. Our loans can provide financial breathing space while you wait for your settlement.
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 Iowa
LawsuitLoans.io provides funding throughout Iowa. See more about our funding in Iowa by visiting the city pages below:
Other Cases we Fund in Iowa
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Iowa. Read more about the personal injury cases we fund in Iowa 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 Iowa here: