Massachusetts 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 Massachusetts
If you’ve been injured in a bike accident in Massachusetts, you may feel cornered by mounting medical bills, lost wages, and continuous living expenses. This stress can take a toll on your health and your ongoing legal case. This is where bicycle accident lawsuit loans come to the rescue.
Simply put, a bicycle accident lawsuit loan is not a “loan” in conventional terms. Instead, it’s a pre-settlement cash advance offered to plaintiffs in the midst of a legal proceeding linked to a bicycle accident. Unlike regular loans, these lawsuit loans are non-recourse. This means that if, for any reason, you do not win your case, you are under no obligation to repay the amount you received.
The cash advance is based on the expected settlement from your lawsuit. It provides immediate financial relief, enabling you to focus on recovery and your ongoing lawsuit without worrying about financial burdens.
To apply, visit LawsuitLoans.io funding application or call us at (800) 340-4973.
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 Massachusetts
Car accident loans in Massachusetts are designed to provide financial support to individuals navigating the legal process in the aftermath of an auto collision. Offering a quick, secure source of pre-settlement funding, LawsuitLoans.io ensures that plaintiffs in Massachusetts have the resources needed to pay their bills and maintain their quality of life, even as they seek compensation for their claims. The table below provides some important data on car accident loans in this state.
| Average car accident loan amount by LawsuitLoans.io in Massachusetts | $34,649.00 |
| Largest car accident loan by LawsuitLoans.io in Massachusetts | $134,795.00 |
| Average interest rate in Massachusetts | 18.5% |
| Median personal injury verdict in Massachusetts | $31,000.00 |
| Massachusetts statute of limitations | 3 years; Mass. Ann. Laws Ch. 260 Section 1 |
| Massachusetts fault laws | Massachusetts is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident. |
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 Massachusetts?
If you’ve experienced a bicycle accident in Massachusetts and are currently involved in a lawsuit, you may be wondering if you’re eligible for a pre-settlement loan. The criteria for eligibility is simple and straightforward. The following are the key requirements:
- You must have a valid legal claim against either an insurance company or a self-insured company related to your bicycle accident.
- You have hired a lawyer who is working with you on a contingency basis. This means that your lawyer’s fee is dependent on the successful outcome of the lawsuit.
- You must also be at least 18 years old to apply for a lawsuit loan.
If you meet these conditions, you’re likely eligible to apply for a bicycle accident loan to assist with your financial needs during this trying time.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Bike Accident Claims in Massachusetts
Bike accidents occur under a variety of circumstances, leading to different claim types. Here are a few examples:
Hit-and-runs
When a motorist hits a cyclist and leaves the scene, it’s a hit-and-run. In such cases, victims can file claims against their own insurance or a state fund, if reachable.
Right of way violations
These occur when motorists fail to yield to cyclists. If you’re injured because a car didn’t give way, you may have a claim.
Distracted driving
Distracted drivers are often liable for bicycle-vehicle collisions. If a driver wasn’t paying attention and hit you, there’s a strong chance of winning your case.
Understanding how fault laws in Massachusetts could impact plaintiffs is key. In Massachusetts, if a cyclist is found more than 50% at fault, they can’t recover damages. So, if your behavior contributed significantly to the accident, it might affect your lawsuit’s success.
Contact LawsuitLoans.io at (800) 340-4973 or complete an online funding application for help funding your bike accident claim in Massachusetts.
Get Started
Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Bike Accident Pre-settlement Loan?
LawsuitLoans.io offers pre-settlement fund amounts that can vary greatly, starting from as low as $500 to exceeding $1,000,000. The funding we extend can go up to 25% of your expected portion of the settlement while your case is ongoing. Once your case is settled, we have the capacity to offer up to half, or 50%, of what you expect to receive from the settlement.
Let’s demonstrate this with a practical example. Suppose we have a plaintiff from Massachusetts who figures in a bike accident lawsuit. Let’s say the estimated value of the case stands at $750,000 but it is not likely to settle anytime soon. Generally, the settlement payout is divided into thirds: one third goes to medical providers, one third to the attorney, leading the remaining third, or around $250,000, to the plaintiff.
With LawsuitLoans.io’s pre-settlement loan, we can advance about 25% of this amount, which in this scenario would be $62,500.
Roadway Accident Cases we Fund in Massachusetts
At LawsuitLoans.io, we fund almost any type of roadway accident claim in Massachusetts. Here are some examples of cases we cover:
- Bicycle Accident Loans – These are pre-settlement funds meant to assist victims of bicycle accidents while their lawsuits are still pending.
- Car Accident Loans – We provide funding for those involved in car accident lawsuits, helping them manage their expenses until they win their case.
- Commercial Vehicle Accident Loans – For those who have been in accidents involving commercial vehicles, we offer pre-settlement financing to ease financial burdens during the legal process.
- Government Vehicle Accident Loans – Legal cases against government entities can take time; our loans help plaintiffs handle financial pressures while they wait.
- Motorcycle Accident Loans – If you’re involved in a motorcycle accident lawsuit, we provide funding to deal with financial needs before your case is resolved.
- Pedestrian Accident Loans – Are you a pedestrian hurt in a roadway accident with a legal case pending? We can help with funding.
- Rideshare Accident Loans – If you’re suing a rideshare company due to an accident, our pre-settlement loans can help manage your expenses in the interim.
- Semi-Truck Accident Loans – Legal cases against semi-truck operators or owners take time. We provide loans to manage your living costs while you wait for justice.
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 Massachusetts
LawsuitLoans.io provides funding throughout Massachusetts. See more about our funding in Massachusetts by visiting the city pages below:
Other Cases we Fund in Massachusetts
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Massachusetts. Read more about the personal injury cases we fund in Massachusetts 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 Massachusetts here: