Georgia Motorcycle 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 Motorcycle Accident Lawsuit Loans in Georgia
Lawsuit loans, also known as pre-settlement funding or legal funding, serve as a lifeline for plaintiffs who are waiting for their case to resolve. In the specific context of motorcycle accidents, these financial arrangements are known as motorcycle accident lawsuit loans.
A motorcycle accident loan in Georgia is not a traditional loan. It’s a form of cash advance provided to a plaintiff after an unfortunate motorcycle mishap before the finalization of their lawsuit. This form of advance helps victims to manage their expenses while they wait for their settlement money.
It’s noteworthy to mention that these motorcycle accident loans are non-recourse in nature. In simpler terms, it means that plaintiffs are obliged to repay only if they win their case or reach a settlement agreement. If the legal case doesn’t result in the plaintiff’s favor, then they owe nothing to the lender.
The funds obtained through motorcycle accident loans can be used without restrictions – for medical bills, daily living expenses, or legal costs associated with the lawsuit. It provides financial security and peace of mind, allowing plaintiffs to focus on their recovery and legal proceedings.
In conclusion, a motorcycle accident lawsuit loan acts as a bridge, helping a plaintiff to navigate through financial difficulties while their case is being resolved.
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 Georgia
Car accident loans are designed to help you launch a legal case or manage expenses after a car accident. LawsuitLoans.io can facilitate these loans, especially for plaintiffs residing in Georgia. Please have a look at the following key information that may prove useful for anyone considering a car accident, personal injury lawsuit loan in Georgia.
| Average car accident loan amount by LawsuitLoans.io in Georgia | $5,253.22 |
| Largest car accident loan by LawsuitLoans.io in Georgia | $76,954.50 |
| Average interest rate in Georgia | 22.2% |
| Median personal injury verdict in Georgia | $257,500.00 |
| Georgia statute of limitations | 2 Years; Code of Georgia Annotated Section 9-3-71 |
| Georgia fault laws | Georgia is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
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 Motorcycle Accident Loan in Georgia?
If you’ve been involved in a motorcycle accident in Georgia, you may be wondering if you’re eligible for a lawsuit loan. The good news is that the criteria are straightforward and clear. Here’s what you need to know:
First and foremost, you must have a valid legal claim following your motorcycle accident. This means that there must be a respected insurance company or a self-insured company implicated in your case.
Another critical factor is the engagement of an attorney on a contingency basis. In essence, you must have legal representation, with the agreement that fees will only be paid should you win your case or achieve a settlement.
Finally, to apply for a lawsuit loan, you must be 18 years of age or older. This is a common requirement across the financial services sector.
If you meet these core criteria, you may well be eligible for a motorcycle accident loan in Georgia. For more detailed information or to clarify any doubts, don’t hesitate to contact us at LawsuitLoans.io or call our toll free phone number (800) 340-4973. Our dedicated staff will be glad to assist you with your inquiries.
To apply for a loan, simply follow this link to our LawsuitLoans.io funding application.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Motorcycle Accident Claims in Georgia
In Georgia, there are several types of motorcycle accidents that can lead to legal claims. Some common examples include:
- Rear-End Collisions: This occurs when a car or another vehicle strikes the rear of a motorcycle, causing potential damage and injuries. These incidents often happen due to distracted driving or failure to maintain a safe following distance.
- Left-Turn Accidents: These happen when a driver making a left turn collides with a motorcycle going straight in the opposite direction. It usually occurs because the turner fails to see the motorcycle or misjudges its speed.
- Hit-and-Run Accidents: In these cases, an at-fault driver leaves the scene without stopping to identify themselves or offer help. These incidents can leave motorcyclists dealing with property damage, bodily injury, and psychological trauma alone.
In Georgia, fault laws have a large role in determining the success of a lawsuit stemming from a motorcycle accident. Under Georgia law, the party at fault for the accident is the one who must compensate the injured. Importantly, even if the motorcyclist was partially at fault, they can still pursue some compensation if their level of fault was less than 50%. However, any potential compensation would be reduced by the motorcyclist’s percentage of fault. Hence, the circumstances of the accident can greatly influence a plaintiff’s chance of success in a lawsuit.
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How Much Money Can I Get From my Motorcycle Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over a million dollars. The amount we can provide depends largely on the expected value of your settlement. When your case is ongoing, we can offer up to 25% of your anticipated share. Once the case is settled, we can give as much as half of your expected portion.
Let’s look at a real-life scenario. We’ll consider a plaintiff from Georgia who’s involved in a motorcycle accident. Their case has an estimated value of $350,000. However, the case hasn’t yet been resolved and it might take some time. Typically, medical providers receive around a third of the settlement, while another third goes to the lawyer. That leaves the plaintiff with approximately $115,000. In such a situation, LawsuitLoans.io can advance 25% of the plaintiff’s share — that’s about $29,000.
Roadway Accident Cases we Fund in Georgia
We provide funding for almost any type of roadway accident in Georgia. Below is a list of some specific cases we typically fund:
- Bicycle Accident Loans: Funds for claims related to accidents involving bicycles.
- Car Accident Loans: We provide loans for car accident claims.
- Commercial Vehicle Accident Loans: If your accident involved a commercial vehicle, we can help.
- Government Vehicle Accident Loans: Claims involving government vehicles are also eligible.
- Motorcycle Accident Loans: Get the assistance you need for your motorcycle accident claim.
- Pedestrian Accident Loans: We support pedestrian accident claims with our funding services.
- Rideshare Accident Loans: If you’ve been involved in a rideshare accident, we can provide financial assistance.
- Semi-Truck Accident Loans: We also fund semi-truck accident cases.
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 Georgia
LawsuitLoans.io provides funding throughout Georgia. See more about our funding in Georgia by visiting the city pages below:
Other Cases we Fund in Georgia
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Georgia. Read more about the personal injury cases we fund in Georgia 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 Georgia here: