Louisiana Government 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 Government Vehicle Accident Loans in Louisiana
A car accident loan, often referred to as a lawsuit loan or pre-settlement funding, is essentially a cash advance that plaintiffs can obtain while their legal case is in progress. Particularly, for individuals injured due to a government vehicle in Louisiana, these advances can provide needed financial flexibility. It’s important to note that this concept might be a bit of a misnomer – it’s not really a loan, but an advance against the potential settlement from your lawsuit.
It works as a lifeline for individuals who have filed a claim and are waiting for the claim to settle. With government vehicle accident loans, plaintiffs can receive funding equal to a portion of their future expected settlement.
One crucial characteristic of government vehicle accident loans in Louisiana is their non-recourse nature. What does this mean? Simply put, if you do not win your case or get a settlement, you owe nothing back to LawsuitLoans.io since they assume the risk of your case.
Thus, if you’re a plaintiff with a pending case involving a government vehicle accident, take advantage of these pre-settlement funding services offered by LawsuitLoans.io. Not only can this equip you with the resources needed for medical bills, living expenses and more, but it also enables you to wait patiently for a fair settlement instead of feeling pressure to accept a lower amount quickly.
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 Louisiana
If you’re involved in a car accident case in Louisiana, you may be facing injury, loss of income, and other hardships. A car accident lawsuit loan can help. LawsuitLoans.io provides pre-settlement funding for plaintiffs in need. Below is a brief overview of the loan specifics in Louisiana:
| Average car accident loan amount by LawsuitLoans.io in Louisiana | $8,126.46 |
| Largest car accident loan by LawsuitLoans.io in Louisiana | $83,591.00 |
| Average interest rate in Louisiana | 21.5% |
| Median personal injury verdict in Louisiana | $95,000.00 |
| Louisiana statute of limitations | 1 Year; Louisiana Civil Code Section 3492 |
| Louisiana fault laws | Louisiana 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 Government Vehicle Accident Loan in Louisiana?
If you have been involved in a car accident, you may be wondering if you’re eligible for a lawsuit loan. When it comes to accidents involving a government vehicle, the criteria for eligibility might be slightly different from other cases. Here is a simple breakdown of the criteria.
The unique nature of cases involving government vehicles implies that dealings will be with a self-insured entity, or one that has substantial insurance cover. As a result, having hired an attorney to represent you on a contingency basis becomes a primary requirement for your eligibility.
In addition to this, you must be 18 years old or older. This is a standard requirement across the board for any legal claims or financial transactions. So, regardless of if it’s a government vehicle accident case or not, you must be at least 18.
In conclusion, if you are involved in a government vehicle accident in Louisiana and you have hired an attorney on a contingency basis, and you’re 18 years old or older, then you might be eligible for a lawsuit loan from LawsuitLoans.io.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Government Vehicle Accident Claims in Louisiana
There are several different types of government vehicles that might be involved in an accident in Louisiana. Let’s take a closer look at a few examples.
Police Vehicles
Police vehicles can be involved in accidents while responding to emergencies, participating in high-speed chases, or during routine patrols. Despite their training and the protections afforded to them under the law, police officers can still be held accountable when they cause an accident due to negligence or recklessness.
Postal Service Trucks
The U.S. Postal Service operates a large fleet of trucks. Accidents involving postal trucks can occur for a variety of reasons, including driver fatigue, vehicle malfunction, or bad weather conditions. In these situations, injured parties may file a claim against the federal government for compensation.
Public Transit Buses
Buses operated by government agencies provide a valuable service to the public, but when an accident occurs, it can have severe consequences due to the size and weight of a bus. Such accidents can be caused by numerous factors, including driver error, poor vehicle maintenance, or hazardous road conditions.
City Garbage Trucks
Garbage trucks are a common sight on city streets. Due to their size and design, they present unique dangers when involved in an accident. Accidents with garbage trucks can be caused by faulty equipment, driver error, or lack of visibility.
Victims of these accidents have the right to seek compensation for injuries and losses. However, such situations can be complex as they involve filing a claim against a government entity. If you find yourself in such a situation, consider seeking legal assistance.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Government Vehicle Accident Pre-settlement Loan?
LawsuitLoans.io offers lawsuit loans that can vary greatly in amount, ranging from as little as $500 to well over $1,000,000. The amount we can advance to you is contingent on the expected value of your settlement. If your case is still ongoing, we can provide an advance of up to 25% of what you’re expected to receive once the case is resolved.
In situations where your case has already been settled, the amount we can offer increases to 50% of your expected portion of the settlement. To make this clearer, let’s consider an example. Imagine you are a plaintiff in Louisiana involved in a car accident case. The estimated value of your case is $300,000 and the settlement won’t be reached for quite some time.
Often, medical providers take approximately 1/3 of the settlement. Your attorney takes another 1/3. This leaves around $100,000 for you, the plaintiff. In such a case, LawsuitLoans.io could provide an advance of around 25% of your portion, which would be $25,000 in this scenario.
Cities we Service in Louisiana
LawsuitLoans.io provides funding throughout Louisiana. See more about our funding in Louisiana 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 Louisiana
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Louisiana. Read more about the personal injury cases we fund in Louisiana 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 Louisiana here: