Louisiana 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 Louisiana?
In Louisiana, motorcycle accident lawsuit loans offer financial support to plaintiffs. If you’ve been hurt in a motorbike accident and are pursuing a legal case, this type of loan can provide much-needed help. In essence, it’s an advance on your potential settlement. Rather than waiting for your case to conclude, you can access a portion of your likely settlement straight away.
Motorcycle accident lawsuit loans are non-recourse advances. This means that you only need to repay the funds if you win your court case. Should your case not conclude in your favor, you won’t be liable for any repayment. That is a significant advantage, making the loan a low-risk financial solution while you wait for your case’s resolution.
This financial tool can offer plaintiffs like you the security and relief you need after a traumatic incident like a motorcycle accident. It allows you to focus on your recovery and gives you peace of mind knowing that urgent expenses are covered.
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
Louisiana has their unique laws concerning car accidents. LawsuitLoans.io provides car accident loans to plaintiffs involved in such cases. This funding helps victims manage their expenses as they wait for their lawsuit to resolve. In Louisiana, the typical amount provided as a car accident loan by LawsuitLoans.io averages at about $8,126.46, with the largest recorded loan amounting to $83,591.00. See the table below for more information.
| 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 Motorcycle Accident Loan in Louisiana?
If you’ve been involved in a motorcycle accident in Louisiana, you may be wondering if you’re eligible for a lawsuit loan. To be eligible for such a loan, there are certain requirements that need to be met.
The primary eligibility criteria for a motorcycle accident lawsuit loan include the following:
- Holding a valid legal claim against an insurance company or a self-insured company. This means you are pursuing a lawsuit due to injuries or damages you’ve suffered as the result of a motorcycle accident.
- Having an attorney hired on a contingency basis. This means, your attorney only gets paid if you win your case.
- Being at least 18 years old is another requirement as minors are not eligible to apply for such loans.
These are the basics. If you meet these requirements, it’s possible that you could qualify for a motorcycle accident lawsuit loan in Louisiana. For more detailed information, you can complete an application here.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Motorcycle Accident Claims in Louisiana
Motorcycle accidents occur frequently due to a variety of factors. Understanding the different types of accidents can be helpful if you’re making a claim after a motorcycle accident in Louisiana. It’s significant to mention few common types of motorcycle accidents.
Head-On Collisions: This type of accident occurs when a vehicle strikes a motorcyclist head-on. They are usually severe and often fatal for the motorcyclist.
Left Turn Accidents: These accidents happen when a vehicle turning left collides with an oncoming motorcycle. If the motorcyclist is going straight through an intersection, passing the car, or overtaking the car, this could happen.
Speeding and Alcohol Use: Both are major causes of motorcycle accidents. Speeding decreases the motorcyclist’s chance of seeing and reacting to other vehicles in time to prevent a crash. Likewise, alcohol impairs the driver’s ability to operate their vehicle safely.
It’s crucial to take note that Louisiana operates under comparative fault laws. This implies that each party involved in an accident could be held liable for a portion of the damages based on their level of fault. For instance, if a motorcyclist was found to be 20% at fault for the accident, they might only recover 80% of the damages. This can significantly impact the success of a lawsuit and the amount recovered.
To ensure the best possible outcome for your case, reach out to a professional legal representative. You can also consider applying for pre-settlement funding. Contact LawsuitLoans.io at (800) 340-4973 or apply directly via our funding application.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Motorcycle Accident Pre-settlement Loan?
LawsuitLoans.io can provide lawsuit loans ranging from $500 to $1,000,000+. If your case is still in progress, we can advance at maximum, 25% of your expected portion of the settlement. If your case has settled, we can offer 50% of your expected portion of the settlement.
Let’s consider a practical example of a Louisiana plaintiff involved in a motorcycle accident. Let’s assume that the estimated value of the case is $350,000 and that the case is still in progress without any prospects of an imminent settlement. Usually, medical providers would receive around one-third of the settlement and your attorney another third. This means, as a plaintiff, you could expect around $115,000 from the final settlement.
In such a situation, what LawsuitLoans.io can do for you is advance approximately 25% of that amount. In real figures, this equates to a pre-settlement loan of around $29,000.
Roadway Accident Cases we Fund in Louisiana
At LawsuitLoans.io, we’re committed to supporting you as you wait for your legal case to be resolved. We fund almost any type of roadway accident case in Louisiana. Here are some of the specific cases we assist with:
- Bicycle Accident Loans: We offer funding for bicycle accidents across Louisiana. If you’re involved in such a case, get in touch.
- Car Accident Loans: We provide pre-settlement aid for car accidents. Reach out to us if you need assistance.
- Commercial Vehicle Accident Loans: If you’re part of a commercial vehicle accident case, we can assist with funds.
- Government Vehicle Accident Loans: For government vehicle accident cases, LawsuitLoans.io has got your back.
- Motorcycle Accident Loans: We can help with funding for motorcycle accident cases across Louisiana.
- Pedestrian Accident Loans: If you’re a pedestrian involved in an accident case, we’re here to help.
- Rideshare Accident Loans: We aid in rideshare accident cases by providing funds as you await your settlement.
- Semi-Truck Accident Loans: Involved in a semi-truck accident case? Contact us for financial assistance as your case progresses.
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 Louisiana
LawsuitLoans.io provides funding throughout Louisiana. See more about our funding in Louisiana by visiting the city pages below:
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: