Virginia 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 Virginia
Semi-truck accident loans are not actually loans in the traditional sense. Rather, they are a type of financial aid known as non-recourse legal funding. Non-recourse means that these “loans” don’t have to be paid back unless the plaintiff wins their case. What this does is offer a safety net for those involved in semi-truck accidents where their legal case is still pending.
Let’s take a hypothetical plaintiff named Sandra. She was involved in a semi-truck accident in Virginia and has initiated a lawsuit against the responsible parties. Her injuries have left her unable to work, leading to financial strain. Her attorney is confident about her case, but the legal process could take months or even years. During this time, Sandra has bills to pay and may struggle financially.
This is where a company like LawsuitLoans.io can help. Sandra can apply for a semi-truck accident loan, a type of pre-settlement funding. If approved, she’ll receive a cash advance on her future potential settlement. She can use this money to cover living expenses, medical bills, or other costs. But the best part? If she loses her case, she will owe nothing back. This is the security and peace of mind brought by semi-truck accident loans.
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 Virginia
In Virginia, semi-truck accidents can lead to serious injuries and significant legal claims. These accidents might happen in different ways and influence the results of a lawsuit differently. Here are some common examples.
Rear-End Collisions
Rear-end collisions occur when a semi-truck hits another vehicle from behind. This can happen due to truck driver’s negligence, distracted driving, or poor vehicle maintenance. In Virginia, it might be easier for a plaintiff to establish the semi-truck driver’s fault in these situations.
Jackknife Accidents
This type of accident happens when a semi-truck folds at the hinge point and forms a 90-degree angle. It often happens due to abrupt braking or steering, which can be because of a careless driver or a poorly maintained truck. A plaintiff’s lawsuit might face challenges if they contributed to the event.
Blind Spot Accidents
Semi-trucks have large blind spots where other vehicles aren’t visible. When a driver doesn’t check these spots while changing lanes or turning, it can lead to an accident. Virginia’s contributory negligence law could make it hard for plaintiffs who were in these blind spots without safeguarding themselves.
In Virginia, the fault laws might significantly impact a plaintiff’s chance of winning their lawsuit. To be successful, they must prove that the other driver was fully at fault and they didn’t contribute to the accident. Understanding these accidents and how they might affect legal outcomes can be crucial for anyone involved in a semi-truck accident case.
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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Semi-Truck Accident Loan in Virginia?
If you’ve been involved in a semi-truck accident in Virginia, you may be wondering whether you’re eligible for a lawsuit loan. In essence, eligibility for such loans primarily hinges on three key criteria.
The first requirement is having a valid legal claim against an insurance company or a self-insured company. This means you are pursuing legal action due to damages suffered from the accident and you’re fighting for a settlement. This legal claim must be deemed valid by the court system.
Secondly, you need to have hired an attorney on a contingency basis. A contingency basis means that your attorney receives payment only if your case wins. They secure their fee from a portion of your settlement or award. If you don’t win your case, you don’t owe any fees.
Finally, the last requirement is being at least 18 years old. Lawsuit funding isn’t available for minors due to legal restrictions. Therefore, you must be an adult under Virginia law to qualify.
If you meet these crucial standards, you could be a good candidate for a semi-truck accident lawsuit loan in Virginia. If you’re unsure about your eligibility, consider reaching out to
LawsuitLoans.iofor further assistance.
Roadway Accident Cases we Fund in Virginia
At LawsuitLoans.io, we fund almost any type of roadway accident cases in Virginia. Below are some typical types of cases that we regularly support:
- Bicycle Accident Loans: We offer loans to plaintiffs involved in bicycle accidents. These loans can be utilised for legal costs or personal expenses.
- Car Accident Loans: Providing financial assistance to individuals involved in car accidents in Virginia.
- Commercial Vehicle Accident Loans: Pre-settlement funding available to victims of commercial vehicle collisions.
- Government Vehicle Accident Loans: When involved in an accident with a government vehicle, our loans can ease financial stress while waiting for the case resolution.
- Motorcycle Accident Loans: Lawsuit loans tailored for those recovering from injuries due to motorcycle accidents.
- Pedestrian Accident Loans: Whether you’re not at fault in a pedestrian accident, we provide the necessary funds to handle associated legal fees.
- Rideshare Accident Loans: Financial assistance in cases involving rideshare services like Uber or Lyft.
- Semi-Truck Accident Loans: Support for individuals involved in accidents with semi-trucks, ensuring they can meet their financial needs while their legal case resolves.
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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 – $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.
As an example, let’s consider a Virginia plaintiff involved in a car accident case with an estimated value of $60,000. The case is still in progress and may take some time to reach a final settlement. Typically, medical providers receive around 1/3 of the settlement, and the attorney takes another 1/3 of the settlement. As a result, the plaintiff would potentially receive around $20,000 from this settlement. In this scenario, LawsuitLoans.io could advance approximately 25% of that amount or $5,000.
Cities we Service in Virginia
LawsuitLoans.io provides funding throughout Virginia. See more about our funding in Virginia 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 Virginia
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Virginia. Read more about the personal injury cases we fund in Virginia 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 Virginia here: