Pennsylvania 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 Pennsylvania
A semi-truck accident loan is a type of legal funding designed to assist plaintiffs who are involved in a legal case related to a semi-truck accident. These loans are non-recourse, meaning that they are advances on a future accident settlement. Essentially, it’s a way for a victim to receive some financial assistance while they wait for their case to resolve.
Let’s consider a hypothetical scenario: Scott, a victim involved in a semi-truck accident, files a claim against the defendant, alleging negligence leading to the accident. Funds from a semi-truck accident loan could be advanced to Scott, allowing him to manage his financial obligations such as bills, medical expenses, and other living costs, while he waits for his case to be resolved.
This alleviates financial stress and pressure during the tough times following a semi-truck accident. The great thing about such legal funding is that if Scott doesn’t win his lawsuit, he won’t need to repay the advanced funds. This is the essence of a 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.
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 Pennsylvania
Semi-truck accidents can be some of the most severe accidents on the road. The heavy weight and size of these trucks make them a significant risk to other vehicles. Understanding the different types of semi-truck accidents is vital for anyone involved in such an accident. In this section, we’ll cover a few common types of semi-truck accidents, reasons behind their occurrence, and how fault laws in Pennsylvania could affect a plaintiff’s lawsuit success.
Jackknife Accidents
One common type of semi-truck accident is known as a jackknife accident. This occurs when the trailer of the truck swings out to form an angle with the cab, resembling a folding pocket knife. Jackknife accidents happen due to abrupt braking, equipment failure, or slippery roads.
Rear-end Collisions
Rear-end collisions occur when a semi-truck hits the vehicle in front of it. These accidents are often due to distracted driving, speeding, or failing to maintain a safe distance from the vehicle ahead.
Rollover Accidents
A rollover accident happens when a semi-truck tips over on its side or roof. This can occur because of sharp turns, high speeds, or shifting cargo within the truck.
Pennsylvania Fault Laws
In Pennsylvania, the concept of “comparative negligence” is used to determine fault in a car accident. That means if you are partially at fault for the accident, any compensation you receive will be reduced by your percentage of fault. For example, if you are found to be 20% at fault, you’ll only receive 80% of the total damages awarded. It’s important to understand this principle as it could significantly impact your chance of success in a semi-truck accident lawsuit.
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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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Semi-Truck Accident Loan in Pennsylvania?
Understanding your eligibility for a semi-truck accident lawsuit loan is crucial. In general, the fundamental requirements include:
- Ownership of a legal claim against an insurance company or self-insured corporation. This means you are pursuing some form of personal injury case that relates to a semi-truck accident.
- Engagement of a lawyer on a contingency basis. This signifies that your lawyer only gets paid if and when they win the case.
- Be at least 18 years of age. This is a standard legal requirement for entering into contracts, including lawsuit loans.
These factors collectively play a pivotal role in determining your eligibility for a semi-truck accident lawsuit loan in Pennsylvania.
Roadway Accident Cases we Fund in Pennsylvania
At LawsuitLoans.io, we fund almost any type of roadway accident in Pennsylvania. Here are some of the accident types we cover:
- Bicycle Accident Loans – If you’ve been injured in a bicycle accident, we can help with funding to tide you over as your case progresses.
- Car Accident Loans – We provide funding for car accident cases, helping victims manage their financial needs while they await settlement.
- Commercial Vehicle Accident Loans – For those involved in commercial vehicle accidents, our loans can help cover immediate financial commitments.
- Government Vehicle Accident Loans – If you’re awaiting settlement from a government vehicle accident, we are able to offer lending to support you.
- Motorcycle Accident Loans – Motorcycle accident victims can also get financial help from us as they wait for their legal case to settle.
- Pedestrian Accident Loans – We offer financial support to pedestrians injured by traffic accidents awaiting their legal settlements.
- Rideshare Accident Loans – If you’ve been in a rideshare vehicle accident, we can help you face your financial challenges as your lawsuit proceeds.
- Semi-Truck Accident Loans – Victims of semi-truck accidents can apply for our loans as they await the resolution of their cases.
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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. If your case is still in progress, we can advance up to 25% of your expected portion of the settlement. For settled cases, however, we can offer 50% of your expected share of the settlement.
Let’s consider an example: you are a Pennsylvania plaintiff involved in a car accident case which is estimated for a $60,000 settlement but it’s still not resolved. As a general distribution rule, medical providers usually receive about 1/3 of the settlement, and the attorney gets another third. This leaves you with approximately $20,000. In this scenario, LawsuitLoans.io could advance up to 25% of your expected portion — which would equal $5,000.
Cities we Service in Pennsylvania
LawsuitLoans.io provides funding throughout Pennsylvania. See more about our funding in Pennsylvania 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 Pennsylvania
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Pennsylvania. Read more about the personal injury cases we fund in Pennsylvania 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 Pennsylvania here: