Alabama Government Vehicle 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 Government Vehicle Accident Loans in Alabama?
Car accident loans, also known as pre-settlement funding, pre-settlement loans, or lawsuit cash advances, are a type of financial help. They assist plaintiffs who have been injured in an accident involving a government vehicle. In this context, a “government vehicle” refers to any automobile operated by a state agency or department, including police cars, fire trucks, and school buses among others.
Getting into a car accident with a government vehicle can be a long and exhausting process. The plaintiff, or the person of concern, often has to deal with painful injuries, medical bills, and a drawn-out legal battle for compensation.
LawsuitLoans.io offers government vehicle accident loans as a possible solution to these issues. These are non-recourse advances that simply mean if you lose your case, you don’t have to pay us back. This might be a relief to someone under the pressure of mounting bills and living expenses.
The amount advanced to the plaintiff is based on the expected outcome or settlement of their legal claim. This type of loan allows the plaintiff to access a portion of their potential settlement funds before the case resolves. Then, once the case resolves successfully, the plaintiff’s attorney will repay the advance out of the proceeds of the settlement obtained.
If you have a pending claim and are struggling financially, a government vehicle accident loan might be the help you need. It provides the funding you need while waiting for your lawsuit to settle.
To learn more or to apply, visit LawsuitLoans.io website or give them a call at 800-340-4973
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 Alabama
In Alabama, car accident victims can apply for legal funding. It can help them while they wait for their lawsuits to settle. Below is some key data on car accident loans provided by LawsuitLoans.io in Alabama.
| Average car accident loan amount by LawsuitLoans.io in Alabama | $16,934.65 |
| Largest car accident loan by LawsuitLoans.io in Alabama | $59,145.00 |
| Average interest rate in Alabama | 19.2% |
| Median personal injury verdict in Alabama | $309,062.00 |
| Alabama statute of limitations | 2 Years; Code of Alabama Section 6-2-30 |
| Alabama fault laws | Alabama 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 Government Vehicle Accident Loan in Alabama?
If you’ve been involved in a car accident with a government vehicle in Alabama and you’re unsure of your eligibility for a lawsuit loan, this section is for you. The main eligibility criteria are straightforward. This type of loan is unique because it involves a self-insured or substantially insured entity – the government.
You must firstly ensure that you have hired an attorney on a contingency basis. This means that your attorney will only be paid if you win your case. It’s a safety net for you, and also for us. This requirement affirms the seriousness and legitimacy of your legal claim. It gives us confidence knowing that a trained legal professional has assessed your situation and taken the case, thus deeming it to have merit.
In addition to this essential legal representation, you must also be 18 years old or older. As it stands, these are the sole requirements for one’s eligibility. We place these conditions to ensure our clients are fully responsible individuals who understand what lawsuit loans entail.
If you meet both of these criteria, you’re well on your way to being eligible for a government vehicle accident loan through LawsuitLoans.io. This financial support can provide great relief while you wait for your case to resolve, helping manage any economic strain caused by the incident. And remember, if your case does not succeed, our loans operate on a non-recourse basis, meaning you won’t owe us anything.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Government Vehicle Accident Claims in Alabama
Any vehicle owned and operated by a government entity can be involved in an accident. These accidents can lead to lawsuits and personal injury claims. In Alabama, these government-owned vehicles might include school buses, police cars, fire trucks, and city maintenance vehicles.
School Bus Accidents
In Alabama, school buses transport children to and from school every day. If an accident occurs, the consequences can be severe because of the number of passengers and their age. The responsibility for these accidents may lie with the driver, the school district, or the state.
Police Vehicle Accidents
Police vehicles are often involved in high-speed chases and emergency responses. Unfortunately, this can lead to accidents. If a police vehicle is involved in an accident while on duty, the city or state may be held accountable.
Fire Truck Accidents
Similar to police vehicles, fire trucks respond to emergencies and may drive at high speeds. This can result in accidents with other road users. The local government is usually responsible when a fire truck is involved in an accident.
City Maintenance Vehicle Accidents
City maintenance vehicles serve an essential role in city operations. These vehicles, which may include garbage trucks and street sweepers, can also be involved in accidents. In such cases, the city may be responsible for any resulting damages.
In each example, a claim could be made against the government entity that owns and operates the vehicle. It’s important to understand your rights if ever involved in an accident with a government vehicle.
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How Much Money Can I Get From my Government Vehicle 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 illustrate with an example. Suppose you are an Alabama plaintiff in a car accident case with a $300,000 estimated value. The case is still in progress and will not settle for some time. As per industry norms, medical providers typically receive around 1/3 of the settlement amount and the attorney receives another 1/3rd of the settlement. As a result, you as the plaintiff would be likely to receive around $100,000.
In such a scenario, LawsuitLoans.io can advance approximately 25% of that amount or $25,000 while you wait for your case to resolve.
Cities we Service in Alabama
LawsuitLoans.io provides funding throughout Alabama. See more about our funding in Alabama by visiting the city pages below:
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 Alabama
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Alabama. Read more about the personal injury cases we fund in Alabama 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 Alabama here:
Does LawsuitLoans.io Directly Fund Cases in Alabama?
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 Alabama.