Idaho Bike 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 Bicycle Accident Lawsuit Loans in Idaho
Bicycle accident lawsuit loans are a specific type of legal funding. They provide financial assistance to plaintiffs who have been injured in bike accidents in Idaho. The funds are designed to support those going through a lawsuit, covering everyday expenses while they wait for their case to conclude.
Here’s the key point: these loans are non-recourse. That means they’re secured against your possible future settlement. If you win your case, you’ll repay the loan from your settlement money. But if your case isn’t successful, you don’t owe anything back. This is what sets lawsuit loans apart from traditional lending options.
The process is straightforward. Apply through LawsuitLoans.io or call (800) 340-4973 for more information. After submission, LawsuitLoans.io will review your application and make an offer based on your case’s potential value. Once you accept, the funds can be deposited into your account. You use them as you see fit until your case has been 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 Idaho
If you’re an Idaho resident facing a personal injury lawsuit from a car accident, you may find yourself needing financial assistance before your case concludes. A car accident loan from LawsuitLoans.io could be the remedy you need. Here are some key details to consider about car accident loans in Idaho:
Average car accident loan amount by LawsuitLoans.io in Idaho | $1,950.00 |
Largest car accident loan by LawsuitLoans.io in Idaho | $3,000.00 |
Average interest rate in Idaho | 25.0% |
Median personal injury verdict in Idaho | $45,000.00 |
Idaho statute of limitations | 2 Years; Idaho Code Section 5-201 |
Idaho fault laws | Idaho 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 Bicycle Accident Loan in Idaho?
If you’re an adult who’s 18 years or older and have suffered due to a bicycle accident, you might be wondering if you’re eligible for a lawsuit loan in Idaho. Here are the key criteria to consider:
- You have a valid legal claim related to the bicycle accident against an insurance company or a self-insured company.
- You have an attorney representing your case on a contingency basis. This means that your lawyer agrees to be paid only if you win your case, thus bearing the risk of the lawsuit alongside you.
- You are at least 18 years old, the legal age of majority in most jurisdictions, including Idaho.
Please note that these criteria are essential for qualifying for a bicycle accident lawsuit loan. If all these conditions align, then you might be an eligible candidate for this type of financing.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Bike Accident Claims in Idaho
Bike accidents can occur due to a number of different circumstances and each situation may result in a unique legal claim. Here are some examples of bike accidents:
- Hit by a Car: This is the most common type of bike accident. The cyclist might be struck by a car from behind or the side. This often happens when drivers fail to see cyclists or give them enough room on the road.
- Dooring: This type of accident happens when a driver opens their car door without checking for oncoming cyclists. A cyclist cannot always avoid the suddenly opened door and they collide with it.
- Road Hazards: Broken pavement, potholes, or unsafe construction can cause a cyclist to fall off their bike. In these cases, the responsibility may fall on the city or municipality for not maintaining safe road conditions.
In Idaho, ‘comparative fault’ laws could impact a plaintiff’s chance of success with their lawsuit. Under these laws, the court considers the negligence of both parties involved in the accident. If the cyclist is found at least 50% at fault, they might not be eligible for any compensation, regardless of the severity of their injuries.
Understanding the specifics of an accident can be crucial for the plaintiff’s case. It can significantly affect the possibility of obtaining a successful resolution from their lawsuit.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Bike 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 a maximum of 25% of your expected portion of the settlement. In situations where your case has settled, we can offer 50% of your expected portion of the settlement.
Let’s consider a practical example: Suppose you are an Idaho plaintiff involved in a bike accident case with an estimated value of $750,000. The case is still in progress and will not settle for some time. Typically, medical providers receive about 1/3rd of the settlement, and the attorney also gets around 1/3rd of the settlement. Consequently, you would receive around $250,000. In such a scenario, we could advance approximately 25% of that amount or $52,500.
Roadway Accident Cases we Fund in Idaho
We fund almost any type of roadway accident in Idaho. Here are some specific types of accidents we can assist with:
- Bicycle Accident Loans: If you’ve been injured in a bicycle collision, our funding can help you meet your financial needs while waiting for your settlement.
- Car Accident Loans: Car accidents can disrupt your life. Our loans aim to reduce this stress, allowing you time to focus on recovering and pursuing your legal case.
- Commercial Vehicle Accident Loans: Commercial vehicle accidents often result in major injuries. We provide funds so you can overcome financial hurdles while your case is pending.
- Government Vehicle Accident Loans: Cases against government entities often take longer to resolve. Obtain a loan to manage your finances during this period.
- Motorcycle Accident Loans: After a motorcycle accident, approaching us for financial aid lets you focus on your health and your legal claim.
- Pedestrian Accident Loans: Hit by a vehicle as a pedestrian? We fund to soothe your financial worry in your recovery journey.
- Rideshare Accident Loans: Rideshare accidents present unique challenges. We can provide funding while you wait for your claim to be resolved.
- Semi-Truck Accident Loans: Our loans offer financial support if injured by a semi-truck, meeting your needs until your case concludes.
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 Idaho
LawsuitLoans.io provides funding throughout Idaho. See more about our funding in Idaho by visiting the city pages below:
Other Cases we Fund in Idaho
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Idaho. Read more about the personal injury cases we fund in Idaho 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 Idaho here: