Oregon 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 Oregon
Motorcycle accident lawsuit loans are a specific type of pre-settlement funding designed for plaintiffs who have been injured in motorcycle accidents. These financial solutions aim to provide immediate monetary assistance to those awaiting the resolution of their legal claims. They essentially allow you to receive a portion of your potential settlement in advance, helping you to manage any financial strains you may experience throughout the litigation process.
This type of loan is also known as non-recourse. This feature implies that if a plaintiff does not win their case, they do not need to repay the advanced funds. Hence, the risk resides entirely with the lawsuit loan company. Therefore, the company takes diligent efforts while reviewing each application to measure the strength and anticipated value of the pending case before granting a loan.
In summary, a motorcycle accident lawsuit loan can offer significant financial relief when facing legal battles. These loans offer flexibility and peace of mind during tough times, allowing the plaintiff to focus on healing and their case, rather than worrying about finances.
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 Oregon
If you’ve been involved in a car accident in Oregon, there’s a chance you may qualify for a car accident loan through LawsuitLoans.io. This type of funding can provide you with the financial support you need while your case is pending. Below is some essential information about Oregon’s car accident loans:
| Average car accident loan amount by LawsuitLoans.io in Oregon | $18,927.10 |
| Largest car accident loan by LawsuitLoans.io in Oregon | $123,059.00 |
| Average interest rate in Oregon | 20.4% |
| Median personal injury verdict in Oregon | $36,721.00 |
| Oregon statute of limitations | 2 Years; Chapter 12 Section 12.110 |
| Oregon fault laws | Oregon is a “no-fault” state for PIP (Personal Injury Protection) insurance, but also operates under “at-fault” rules for determining who pays for property damage and additional personal injury costs. |
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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Motorcycle Accident Loan in Oregon?
If you’ve been involved in a motorcycle accident and have a pending lawsuit in Oregon, you might wonder about your eligibility for a lawsuit loan. Here, we provide a brief overview of the primary eligibility criteria for motorcycle accident lawsuit loans.
First and foremost, you should have a valid legal claim against an insurance company or self-insured company. This means you’ve got legitimate grounds to file a lawsuit due to damages incurred from the accident. Whether it’s personal injury or other losses, the legal claim is a critical part of the process.
Secondly, you should have hired an attorney on a contingency basis. This essentially means that your attorney agrees to get paid only if they win the case for you. This arrangement illustrates the strength and credibility of your claim, which serves as a strong indicator for eligibility.
Lastly, to apply for a lawsuit loan in Oregon, you must be at least 18 years old. This is a standard requirement across all types of loans, including motorcycle accident lawsuit loans.
In conclusion, having a valid legal claim, hiring an attorney on contingency basis, and being of legal age are the main factors that contribute to your eligibility for a lawsuit loan after a motorcycle accident in Oregon.
Types of Motorcycle Accident Claims in Oregon
In the state of Oregon, there are several types of motorcycle accident claims that a plaintiff can file. These may be due to different reasons, which include:
- Rear-end collisions: This is where another vehicle hits a motorcycle from behind. It usually happens when the driver behind isn’t keeping a safe distance or isn’t paying attention on the road.
- Left-turn accidents: This occurs when a car making a left turn hits a motorcycle going straight through an intersection. This often happens due to a driver’s failure to yield right-of-way to the motorcyclist.
- Hit-and-run accidents: In these scenarios, the perpetrator leaves the scene without providing the necessary info or helping the injured party. This type of claim can be especially challenging as identifying the wrongdoer aims to achieve justice.
- Drunk driving accidents: If a driver under the influence of alcohol or drugs hits a motorcyclist, this is a clear case of negligence. This gives the victim a good chance of winning their lawsuit.
Oregon follows a modified comparative fault law, which means that the court will decrease the amount of compensation based on the plaintiff’s share of the blame. For example, if a plaintiff is found to be 10% at fault, they would only receive 90% of the damages awarded.
If you need monetary assistance while you’re waiting for your motorcycle accident legal lawsuit to resolve, consider LawsuitLoans.io. They can provide funds to plaintiffs with personal injury and other legal claims. You can reach LawsuitLoans.io at (800) 340-4973 or apply directly at their funding application page.
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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?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.
Let’s give an example: Say you’re an Oregon plaintiff in a motorcycle accident case with a $350,000 estimated value. The case is still in progress and will not settle for some time. As a general rule of thumb, medical providers get paid around 1/3 of the settlement, and the attorney gets another 1/3 of the settlement. As a result, you would receive around $115,000.
At LawsuitLoans.io, we can advance approximately 25% of that amount, or $29,000, to help you manage your expenses while your lawsuit proceeds.
Roadway Accident Cases we Fund in Oregon
At LawsuitLoans.io, we fund a variety of roadway accident cases in Oregon. From bicycle accidents to semi-truck crashes, our goal is to provide financial help to plaintiffs as they wait for their legal case resolution. Here are some examples of the types of roadway accident cases we fund:
- Bicycle Accident Loans: We offer financial support for those injured in bicycle accidents.
- Car Accident Loans: If you’re involved in a car accident case, we can provide the funding you need while waiting for a settlement or verdict.
- Commercial Vehicle Accident Loans: Commercial vehicle accidents can cause severe damage and injuries. We provide lending options for such cases.
- Government Vehicle Accident Loans: For those who have been in an accident with a government vehicle, we’re here with financial support.
- Motorcycle Accident Loans: If you’re dealing with a motorcycle accident lawsuit, we’ve got funds to help.
- Pedestrian Accident Loans: Pedestrian accidents can be devastating; we can provide funding during this difficult time.
- Rideshare Accident Loans: Involved in a rideshare accident? We can help with financial support.
- Semi-Truck Accident Loans: Semi-truck accidents often lead to extensive injuries. Our funding options can help you manage these costs while your legal case resolves.
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 Oregon
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Oregon. Read more about the personal injury cases we fund in Oregon 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 Oregon here: