Delaware 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 Delaware
Government vehicle accident loans are financial tools for people who have suffered injuries due to an accident with a government vehicle. This could involve police cars, fire trucks, postal vehicles, military vehicles, or other government-operated equipment. When someone has been hurt in such an accident in Delaware, they may apply for these loans to help manage their expenses while they wait for their legal claim to be resolved.
A car accident loan is actually a type of cash advance against a potential future settlement. They are non-recourse, which means the plaintiff only repays the loan if they win their case or reach a settlement. If the lawsuit is not successful, the plaintiff owes nothing. This makes them a risk-free solution for those awaiting a car accident settlement.
After the accident, the plaintiff would typically hire a lawyer to file a claim, either against the government body that operates the vehicle, the operator of the vehicle, or both. It can take a long time to resolve these cases—from several months to even years. During this period, they may apply for a government vehicle accident loan from LawsuitLoans.io.
Once approved and completed, the loan proceeds are used to cover living expenses and other costs while waiting for the lawsuit to complete. This ensures that plaintiffs have the resources to get through this difficult period and focus on their recovery.
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
Are you residing in Delaware and entangled in a car accident lawsuit? Do you need funds while waiting for your legal case to resolve? Look no further. At LawsuitLoans.io, we provide pre-settlement funding facilities also called car accident loans. These loans can help pay immediate expenses, like medical bills, while you await the result of your claim. Below is a brief overview of car accident loans in Delaware and key figures associated with them.
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. |
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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 Delaware?
If you have been involved in a car accident with a government vehicle, you might be wondering if you are eligible for a lawsuit loan. The good news is, you probably can apply, but there are specific criteria that apply.
Firstly, it’s important to understand that government vehicles are typically self-insured or substantially insured. This means that any claim involving such a vehicle is generally more solid than other claims, increasing your chances of being approved for a loan.
The two main conditions for applying for a government vehicle accident loan are quite simple. Firstly, you must have an attorney hired on a contingency basis. This attorney is essentially working on your case for free, until a successful outcome is reached. This contingency-based approach indicates the confidence of your attorney in your case, which in turn increases the chance of loan approval.
The second condition is that you must be at least 18 years old. This is a legal requirement and cannot be avoided.
So, if you have had an accident with a government vehicle, have hired an attorney on a contingency basis, and you’re over the age of 18, you are very likely eligible to apply for a lawsuit loan from LawsuitLoans.io.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Government Vehicle Accident Claims in Delaware
In Delaware, a diverse range of government vehicles can be involved in accidents resulting in personal injury claims. These involve city, county, state, or federal operated vehicles and the rules for filing a claim can be different for each. Here are a few examples:
Police Cars
Involved in high-speed pursuits and emergency responses, police cars pose a unique risk on the road. Accidents involving police vehicles can be complex because of the protections that law enforcement officials have.
Ambulances and Fire Trucks
These emergency vehicles often travel at high speeds during urgent situations, which could lead to accidents. Filing a claim following an accident with this type of vehicle involves addressing issues like right of way and use of sirens and lights.
School and Public Buses
Both school buses and public transport buses fall under government vehicle accident claims. Accidents may occur due to negligence on the part of the driver or failure in vehicle maintenance.
Post Office Vehicles
The United States Postal Service vehicles deliver mail daily and are frequently on the road. Hence, these vehicles can also cause accidents due to various reasons from negligent driving to improper vehicle maintenance.
Remember, if you’re involved in an accident with a government vehicle, it’s important to seek legal counsel to help navigate the complexities of your claim process. While you wait for your case to resolve, LawsuitLoans.io can provide necessary funds to manage your expenses.
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How Much Money Can I Get From my Government Vehicle Accident Pre-settlement Loan?
LawsuitLoans.io is equipped to provide lawsuit loans ranging from $500 to in excess of $1,000,000. We have a system in place that can offer up to 25% of the expected settlement portion for cases still in progress. If a case has been settled already, we can furnish up to 50% of the settlement amount.
Consider this scenario: A delaware-based plaintiff is involved in a motor vehicle accident and has a case estimated at a value of $300,000 currently in progress. Given that the case won’t be settled in the foreseeable future, a simple breakdown of how funds get distributed includes:
- Medical providers receive approximately one-third (33%) of the settlement, which equates to about $100,000.
- The attorney is also paid an identical sum of about $100,000, representing another third of the settlement.
- Consequently, the plaintiff is set to receive the remaining third of this amount, which is around $100,000.
Keeping these figures in mind, LawsuitLoans.io is able to advance roughly 25% of the plaintiff’s expected share of the settlement. This amounts to approximately $25,000.
Cities we Service in Delaware
LawsuitLoans.io provides funding throughout Delaware. See more about our funding in Delaware 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 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: