New Jersey 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 New Jersey
Motorcycle accident lawsuit loans, also known as pre-settlement funds, are financial support provided to plaintiffs that were injured in motorcycle accidents in New Jersey. These loans are non-recourse advances. This means they are based on the potential settlement the plaintiff might win from their lawsuit.
Lawsuit loans provide a lifeline to plaintiffs while they wait for their case to be settled or tried in court. It’s important to understand that these advances are not traditional loans. Instead, they are a type of financial agreement grounded on the anticipated payout from a legal claim.
Legal proceedings can take a long time and might put financial stress on the plaintiff. Motorcycle accident loans are designed to ease this burden. Once you receive your loan, it can be used for any purpose, whether you need money for medical bills, rent, or other living expenses.
If you’re a victim of a motorcycle accident dealing with the pressures of mounting bills and a prolonged court case, a motorcycle accident loan might just offer the financial relief you need.
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 New Jersey
Car accident loans or better known as pre-settlement funding in New Jersey, are a lifeline for those waiting for their personal injury lawsuits to settle. If you find yourself struggling financially, LawsuitLoans.io can provide the funds you need to make ends meet. Below is a brief look at some key data about car accident loans in this state.
| Average car accident loan amount by LawsuitLoans.io in New Jersey | $12,465.75 |
| Largest car accident loan by LawsuitLoans.io in New Jersey | $108,649.00 |
| Average interest rate in New Jersey | 21.7% |
| Median personal injury verdict in New Jersey | $31,000.00 |
| New Jersey statute of limitations | 2 Years; N.J. Stat. Ann. § 2a:14-1 |
| New Jersey fault laws | New Jersey is a “choice no-fault” state, allowing drivers to choose between a “no-fault” policy and a traditional “at-fault” policy. |
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 New Jersey?
Are you involved in a motorcycle accident legal case in New Jersey? If yes, you might be wondering if you are eligible for a lawsuit loan. The eligibility criteria for these loans are straightforward.
The primary conditions for being eligible are:
- You must have a valid legal claim against an insurance company or a self-insured company. This means you must be involved in an ongoing legal case following the accident.
- You should have an attorney representing your case on a contingency basis. Having such an attorney shows that your case has merit.
- You must be at least 18 years old. As per law, only adults can enter into a financial agreement.
If you meet these criteria, you may be eligible to receive a loan from LawsuitLoans.io. To apply, visit LawsuitLoans.io funding application or call at our toll-free number (800) 340-4973.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Motorcycle Accident Claims in New Jersey
In New Jersey, motorcycle accidents vary widely. They can range from simple ones like single-vehicle crashes to more complex ones like multi-vehicle collisions.
Single-vehicle accident happens when a motorcycle hits a stationary object such as garbage cans, trees, or parked vehicles. This could occur because of the rider’s negligence or unforeseen circumstances such as poor road conditions or obstructed views.
Multi-vehicle accidents are more complex since they involve more than one vehicle. They usually result from a driver’s failure to see a motorcyclist or misjudgment of the motorcyclist’s speed and distance. These include front-end, rear-end, and side crashes.
Now, you might ask, how do fault laws in New Jersey impact plaintiffs’ chances of success? New Jersey is a ‘modified comparative negligence’ state. This means, if the plaintiff is found to be more than 50% at fault for the accident, they cannot recover any damages. Therefore, it is vital for plaintiffs to prove the other party was primarily at fault for the accident to be successful in their lawsuit.
Understanding the type of accident and the liability involved is crucial to your lawsuit. LawsuitLoans.io is here to assist by providing funding while you navigate through your legal woes.
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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 offers lawsuit loans that can range from $500 to over $1,000,000. The amount we can advance is dependent on the estimated value of your settlement. For ongoing cases, we can advance up to 25% of your expected portion of the settlement. If your case has already settled, we are able to offer up to 50% of your anticipated portion.
For example, let’s consider a plaintiff in New Jersey who had a motorcycle accident. The estimated value of this case is $350,000. But it is still in progress and won’t be settling anytime soon. Typically, medical providers receive about one-third of the settlement, while another third goes to the attorney. This means the plaintiff is expected to receive around $115,000 from the settlement.
In this scenario, LawsuitLoans.io can advance approximately 25% of this expected plaintiff’s portion. That’s around $29,000. Remember, each case will vary, but this gives you an idea of what could be possible with a lawsuit loan from LawsuitLoans.io.
Roadway Accident Cases we Fund in New Jersey
At LawsuitLoans.io, we provide funding for nearly any type of roadway accident in New Jersey. A brief description of the cases we fund is as follows:
- Bicycle Accident Loans: We fund lawsuits related to bicycle accidents in New Jersey.
- Car Accident Loans: Funding is available for car accident-related lawsuits in New Jersey.
- Commercial Vehicle Accident Loans: Work related vehicle accidents have their unique legal issues. We can help with that.
- Government Vehicle Accident Loans: Lawsuits against government vehicles are complex, but we fund them too!
- Motorcycle Accident Loans: Motorcycle accidents often involve severe injuries. Get the funding you need today.
- Pedestrian Accident Loans: We offer loans for pedestrian accident lawsuits.
- Rideshare Accident Loans: Rideshare accidents have their own set of legal challenges. We fund these as well.
- Semi-Truck Accident Loans: Accidents involving semi-trucks can lead to devastating damages. We’re here to help.
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 New Jersey
LawsuitLoans.io provides funding throughout New Jersey. See more about our funding in New Jersey by visiting the city pages below:
Other Cases we Fund in New Jersey
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in New Jersey. Read more about the personal injury cases we fund in New Jersey 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 New Jersey here: