Delaware Commercial 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 Commercial Vehicle Accident Loans in Delaware
Commercial Vehicle Accident Loans, often referred to as car accident loans, are a special type of pre-settlement funding. If you’ve been involved in a car accident and have filed a legal claim, you may qualify for one of these loans. But what does that mean and how does it work?
In simple terms, a car accident loan provides financial support to plaintiffs as they wait for their lawsuit to be resolved. The funds can help cover living expenses, medical bills, and any other costs associated with the accident. The money is essentially an “advance” on your potential settlement.
One significant aspect of car accident loans is that they are non-recourse. This means that you don’t have to repay the loan if you end up losing your case. Hence, the risk to the plaintiff is significantly reduced.
This financial tool offers a lifeline for individuals who otherwise might struggle to meet their needs while they await their settlement.
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
If you’re involved in a car accident in Delaware and are waiting on a legal settlement, you may be considering a car accident loan. The table below provides vital information about the average and largest loan amounts offered by LawsuitLoans.io, as well as average interest rates, typical personal injury verdict amounts, the statute of limitations, and the fault laws in Delaware.
| 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. |
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 Commercial Vehicle Accident Loan in Delaware?
Understanding the eligibility for car accident lawsuit loans is important. These loans are designed to help plaintiffs in personal injury cases manage their expenses while waiting for the conclusion of their case. Dealing with commercial vehicle accidents is especially stressful, but we are here to provide financial relief during this trying period.
There are two main criteria that need to be met to be eligible for a commercial vehicle accident loan in Delaware. Firstly, you must be 18 years old or more. This is a legal requirement in most jurisdictions, not only Delaware. Secondly, you must have an attorney hired on a contingency basis. This means that the attorney only gets paid when they win your case. It is an indication that your case has merit and there is a good chance of a settlement or an award.
Another special feature of these claims is that there is always a high insurance policy or a self-insured entity involved. This gives plaintiffs further assurance that they will receive their payout once their case resolves.
In summary, if you’re 18 or older, have a promising legal case, and have hired an attorney on a contingency basis, you may be eligible for a commercial vehicle accident loan in Delaware.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
How Much Money Can I Get From my Commercial Vehicle 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.
Let’s take an example to understand better. Consider a plaintiff in Delaware who was involved in a commercial vehicle accident and has a $500,000 estimated value claim. The case is in progress and will not settle for some time. As a general rule, medical providers get paid around 1/3 of the settlement, the attorney gets another 1/3 of the settlement, and as a result, the plaintiff would receive around $170,000. We, at LawsuitLoans.io, can advance approximately 25% of that amount, which would be $42,500.
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Apply today and get funds in as little as 24 hours!
What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in Delaware?
In Delaware, like the rest of the United States, several types of commercial vehicles often find themselves involved in legal disputes. Here, we will discuss the most common types and give a brief description of each:
- Trucks: Commercial trucks, such as 18-wheelers, tractor-trailers, and delivery trucks, dominate the commercial vehicle industry. They are used for transporting goods for long distances and are often involved in road accidents due to driver fatigue or vehicle malfunctioning.
- Buses: City, school, and charter buses as well as shuttles fall under this category. With their large size and capacity, accidents involving buses tend to have severe outcomes.
- Taxis: The taxi industry is an integral part of Delaware’s transportation infrastructure. Claims involving taxis usually stem from negligence or careless driving.
- Rideshares: With the popularity of services like Uber and Lyft, rideshare vehicles are now common. Accidents involving these vehicles can raise complex liability issues.
- Delivery vans: Delivery vans are extensively used by logistics companies. With the increase in online shopping, these vehicles are commonly on the road, increasing the chances of road mishaps.
While these vehicle types are most commonly involved in the cases we fund nationwide, LawsuitLoans.io provides funding for car accident claims involving any type of vehicle, whether privately or commercially used. This means if you or someone you know is involved in a car accident with a vehicle of any type, LawsuitLoans.io can provide the financial support needed while waiting for the legal case to resolve.
Roadway Accident Cases we Fund in Delaware
At LawsuitLoans.io, we provide funding for almost any type of roadway accident in Delaware. Here’s a brief list of specific accidents we can assist you with:
- Bicycle Accident Loans: If involved in a bicycle accident and pursuing legal action, we offer funds to cover your financial needs.
- Car Accident Loans: We provide financial support to individuals in legal battles related to car accidents.
- Commercial Vehicle Accident Loans: Our loans extend to cases involving commercial vehicles, aiding you in such complex incidents.
- Semi Truck Accident Loans: Crashes involving semi-trucks can be severe. LawsuitLoans.io funds you during this challenging time.
- Government Vehicle Accident Loans: Lawsuits against government entities are tricky. We offer funding to help plaintiffs manage these cases.
- Motorcycle Accident Loans: Lawsuits following motorcycle accidents can be costly. Our loans help ease financial burdens.
- Pedestrian Accident Loans: Pedestrian cases can take time to settle. Our funding supports plaintiffs economically.
- Rideshare Accident Loans: Rideshare legal cases can be complex. We provide financial help during this process.
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.
Cities we Service in Delaware
LawsuitLoans.io provides funding throughout Delaware. See more about our funding in Delaware by visiting the city pages below:
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: