Iowa Semi Truck 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 Semi-Truck Accident Loans in Iowa?
Semi-truck accident loans refer to the funds given to plaintiffs who have been involved in heavy vehicle accidents and are awaiting the resolution of their legal cases. The semi-truck accident loan is a special type of pre-settlement funding where funds are offered to the plaintiffs as a non-recourse advance on their future accident settlements.
Unlike traditional loans, semi-truck accident loans do not need to be repaid if the plaintiff does not win their case. It acts as a safety net for those involved in lawsuits, cushioning them against financial hardships during their trial period.
To imagine this better, let’s take a hypothetical example. Consider a woman named Cynthia, who was involved in a semi-truck accident in Iowa. As she waits for her lawsuit to resolve, she can avail herself of a semi-truck accident loan. These funds can support Cynthia financially while she deals with medical treatments, loss of work, and the overall stress of her case. Plus, if Cynthia does not win her lawsuit, she is not obligated to repay the loan.
So, in essence, semi-truck accident loans in Iowa provide an important lifeline for plaintiffs like Cynthia, helping them navigate the challenging times without worry 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.
Types of Semi-Truck Accident Claims in Iowa
A semi-truck accident can have massive impacts on an individual’s life. In Iowa, there are several types of semi-truck accident claims people may file. Below are few examples:
- Jackknifing Accidents: These accidents occur when a semi-truck folds inwards, creating a shape that resembles a pocket knife. The driver loses control of the truck, often resulting in a road crash.
- Rollover Accidents: This occurs when the weight of the truck shifts too quickly, causing the truck to tip over. This can be due to abrupt maneuvers, unsuitable road conditions, or improper cargo securing.
- Rear-End Collisions: These crashes usually happen when a semi-truck fails to stop in time and hits the vehicle in front.
The cause of the accident plays a key role in determining fault, which in turn impacts the plaintiff’s chances of success in their lawsuit. In Iowa, the principle of “comparative fault” is applied. This means if the plaintiff is found to be partly at fault for the accident, their compensation may be reduced proportional to their share of the blame. Therefore, it’s essential for a plaintiff to establish clear liability for the accident from the responsible party or parties in order to maximize their potential lawsuit win.
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 Semi-Truck Accident Loan in Iowa?
If you’ve been involved in a semi-truck accident in Iowa, you may be wondering if you’re eligible for a lawsuit loan. Lawsuit loans provide financial support to plaintiffs waiting for their legal case to resolve.
The eligibility criteria for these loans are quite straightforward. Here are the main conditions:
- You must have a valid legal claim: This implies that you’re involved in a legitimate lawsuit against an insurance company or a self-insured company. You’re in the process of seeking compensation for damages and injuries sustained in the accident.
- You have hired an attorney on a contingency basis: This means that your attorney has agreed to take payment only when you win your lawsuit or secure a settlement. This shows commitment to your case, making you more likely to be considered for a loan.
- You must be at least 18 years old: This condition is rather self-explanatory, you must be the legal age to apply and receive a lawsuit loan.
If you meet these three conditions, you stand a good chance of getting a semi-truck accident loan in Iowa.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Roadway Accident Cases we Fund in Iowa
We fund almost any type of roadway accident in Iowa. Here are some of the specific cases we handle:
- Bicycle Accident Loans – We provide funds for bicycle accident lawsuits.
- Car Accident Loans – Car accident claims are among the cases we manage.
- Commercial Vehicle Accident Loans – If you have a claim involving a commercial vehicle, we’ve got you covered.
- Government Vehicle Accident Loans – Claims involving government vehicles also fall within our scope.
- Motorcycle Accident Loans – Assistance for motorcycle accident lawsuits are available too.
- Pedestrian Accident Loans – We support pedestrians affected by roadside accidents.
- Rideshare Accident Loans – If your claim involves a rideshare vehicle, we can help.
- Semi-Truck Accident Loans – Claims arising from semi-truck accidents can find financial support here.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Semi-Truck Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. For ongoing cases, we can advance up to 25% of the expected portion of your settlement. That percentage goes up to 50% for settled cases.
Let’s take an example of an ongoing car accident case in Iowa. If the estimated value of the case is $60,000, expectation would be that medical providers, and the attorney, would get about a third each of the settlement. This would leave around $20,000 for the plaintiff — you. In this scenario, LawsuitLoans.io could provide you with a loan of approximately 25% of your expected amount. That would equal a pre-settlement loan of around $5,000.
Cities we Service in Iowa
LawsuitLoans.io provides funding throughout Iowa. See more about our funding in Iowa 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 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: