Massachusetts 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 Massachusetts

    For individuals involved in semi-truck accidents, the financial burden can be staggering. While awaiting a settlement or verdict in their case, they may face medical bills, lost wages, and other costs that add up quickly. That’s where semi-truck accident loans come in.

    A semi-truck accident loan is a form of lawsuit funding designed to provide plaintiffs with immediate financial relief in the face of mounting expenses. Unlike traditional loans, these are not subject to credit checks or employment verifications. Moreover, the most noteworthy feature of these loans is their “non-recourse” nature. This means, if for some reason, the plaintiff doesn’t win their case, they don’t have to repay the advance.

    Let’s consider a hypothetical situation. Meet Paul. He was involved in a semi-truck accident. As a result, injuries mean he can’t work and has substantial medical bills. His lawyer tells him his case is solid, but lawsuits take time. How will Paul cover his costs in the meantime?

    This is where LawsuitLoans.io could step in to help. Paul could apply for a semi-truck accident loan to draw from the expected settlement of his case. He could use the funds to cover his costs while waiting for the settlement and stay financially stable. And the best part? If Paul isn’t successful with his case, he wouldn’t need to return the advance. This is the very essence of non-recourse legal funding.

    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.

    Telephone Icon - Starting the process is easy, just apply online or call toll free

    Apply Online or Call Toll-Free

    Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.

    Review Icon - We quickly review your legal case.

    We Review Your Case

    Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.

    Money Bag Icon - Once we approve your case, you and your attorney sign the contract and you get cash the same day

    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 Massachusetts

    Semi-truck accidents can be devastating. They could occur due to various reasons such as driver fatigue, poor vehicle maintenance, or unsafe driving conditions. In Massachusetts, different types of semi-truck accident claims could be filed depending on the circumstances of the accident.

    Here are a few examples of semi-truck accidents:

    • Jackknife Accidents: These occurrences happen when the trailer of a truck folds inward toward the cab, forming a shape similar to a pocket knife. This usually occurs when a driver brakes hard and fast causing the truck to skid and lose control.
    • Rollovers: A rollover is when a truck tips over onto its side or roof, often caused by dangerous turns, sudden maneuvers, or instability of the load being carried.
    • Rear-end Collisions: Rear-end collisions occur when a truck crashes into the vehicle in front of it. This could happen due to distracted driving, tailgating, or failure to brake on time.

    The responsibility for the accident or ‘fault’ in Massachusetts depends on the state’s comparative fault rules. If you are found responsible for a portion of the accident, your compensation will be reduced by that percentage. For example, if you were found 20% at fault, your compensation would be decreased by 20%. Therefore, understanding your potential level of fault is critical for a successful lawsuit.

    In conclusion, victims of semi-truck accidents in Massachusetts may pursue legal claims against various parties. However, knowing how fault laws function can greatly affect your chances of success.

    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 Massachusetts?

    Semi-truck accident lawsuit loans are designed to provide financial support to plaintiffs involved in legal cases. But not everyone can apply for these loans. There are few basic rules that you must meet before applying.

    First, you should have a valid legal claim against an insurance company or a company that is self insured. This means you believe they owe you money because of an injury you suffered. If you have a lawsuit filed against such companies, you might be eligible for this loan.

    Second, you need to have an attorney working for you on your case on a contingency basis. This means, your lawyer charges a fee only if you recover compensation. If you do not win your case, you don’t owe anything to the attorney.

    Finally, you must be at least 18 years old. This age factor is a standard requirement in most financial matters.

    In short, if you are involved in a semi-truck accident lawsuit, have a hired attorney and are above 18 years old, you can consider applying for a loan from LawsuitLoans.io.

    Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

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    Roadway Accident Cases we Fund in Massachusetts

    At LawsuitLoans.io, we provide funding for various types of roadway accident cases in Massachusetts. Discover below the specific type of accident cases we fund:

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    Apply today and get funds in as little as 24 hours!

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    How Much Money Can I Get From my Semi-Truck Accident Pre-settlement Loan?

    Lawsuit loans from LawsuitLoans.io can range anywhere from $500 to over $1,000,000. During the course of a lawsuit, we are able to advance up to a maximum of 25% of your expected share of the settlement. If your lawsuit has already been settled, we can offer 50% of your expected share of the settlement.

    Let’s take an example of a plaintiff in Massachusetts who is involved in a semi-truck accident case with an estimated value of $60,000. The case is still ongoing and isn’t expected to settle for some time. Usually, medical providers would receive about 1/3 of the settlement, the attorney would get another 1/3 and the plaintiff would receive around $20,000. In this situation, LawsuitLoans.io could advance approximately 25% of the plaintiff’s expected share – which would be around $5,000.

    Cities we Service in Massachusetts

    LawsuitLoans.io provides funding throughout Massachusetts. See more about our funding in Massachusetts 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.

    Apply Now

    Other Cases we Fund in Massachusetts

    LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Massachusetts. Read more about the personal injury cases we fund in Massachusetts here:

    Read more about the roadway accident claims we fund in Massachusetts here:

    Apply now for a free consultation