Ohio 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 Ohio
Government vehicle accident loans in Ohio refer to funds given upfront to plaintiffs injured in car accidents involving a government vehicle. These loans are kind of pre-settlement financial support, helping the injured cover medical treatment costs, living expenses, and other urgent spendings during the legal case period.
This is how it works: when a plaintiff applies for a loan, LawsuitLoans.io assesses the potential worth of their future settlement and provides them with a percentage of that anticipated amount. This means the money received from the loan is a fund taken from your yet-to-be-received case settlement.
The most distinguishing feature about these loans is that they are non-recourse. This means that if you don’t win your case, you won’t have to pay the loan back. The repayment only happens if and when you win your lawsuit, utilizing the settlement money.
In conclusion, government vehicle accident loans are a financial lifeline for those affected by such accidents, providing them with funding support until they reach a favorable legal outcome.
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 Ohio
If you are currently involved in a personal injury case following a car accident in Ohio and chasing funds while your legal case is yet to be resolved, LawsuitLoans.io can help. We offer pre-settlement funding, also referred to as car accident loans, to victims just like you. The following table includes important data regarding such loans in Ohio:
| Average car accident loan amount by LawsuitLoans.io in Ohio | $3,743.32 |
| Largest car accident loan by LawsuitLoans.io in Ohio | $32,286.88 |
| Average interest rate in Ohio | 20.7% |
| Median personal injury verdict in Ohio | $13,000.00 |
| Ohio statute of limitations | 2 Years; Title 23 Ch. 5 Section 2305.10 |
| Ohio fault laws | Ohio 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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Government Vehicle Accident Loan in Ohio?
If you’ve had an accident with a government vehicle in Ohio, you might wonder if you’re eligible for a lawsuit loan. A lawsuit loan is a way to get funds while you wait for your case to resolve. You can use these funds for anything you need, like bills, rent, or medical expenses. However, not everyone qualifies for a lawsuit loan. So, let’s look at who can get one.
First, it’s essential to know that claims involving government vehicles often deal with entities that either insure themselves or have substantial insurance. That’s why, in such cases, having a lawyer employed on a no-win-no-fee basis (contingency) is likely required. It ensures your case is taken seriously and handled professionally. Applying for a lawsuit loan without an attorney may not be possible under most circumstances.
Second, you must be at least 18 years old to apply for a lawsuit loan. This requirement is standard across the board, not just for claims involving government vehicles. If you’re younger than 18 or still under your parents or guardians’ care, they’ll have to process any legal matters for you.
In conclusion, if you’re at least 18 years old and have appointed an attorney on a contingency basis, you are eligible to apply for a government vehicle accident loan following an accident in Ohio.
Types of Government Vehicle Accident Claims in Ohio
In Ohio, there are several types of government vehicle accident claims. Different vehicles are used by various departments, and each can potentially be involved in an accident. Understanding the types of government vehicle may clarify the process when filing a claim.
Police Vehicles
These are cars or motorcycles used by the police department. When a police vehicle is involved in an accident, the legal circumstances surrounding the claim can be complex due to the nature of their duty.
Fire Vehicles
Fire trucks or SUVs utilized by the fire department are another type of government vehicle. These large vehicles can cause severe accidents, and since they usually move at high speed during emergencies, the risk level can increase.
Public Transportation Vehicles
Buses, trams, and other public transit vehicles owned by the government also fall into this category. Given their size and the number of passengers they carry, accidents involving public transportation can lead to numerous injury claims.
Maintenance Vehicles
The government operates many other vehicles for maintenance purposes such as garbage trucks or snowplows. Accidents involving these vehicles may result in a unique set of challenges when lodging the claim.
Overall, understanding what type of government vehicle was involved in an accident can assist in determining the possible outcomes of your claim. LawsuitLoans.io can provide funds during this often lengthy process, giving you additional financial support while you wait for your case to resolve.
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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?
Lawsuit loans provided by LawsuitLoans.io can come in a wide range, from as little as $500 right up to over $1,000,000. If your case is still ongoing, we are able to advance up to 25% of what you’re expected to receive once the settlement concludes. For cases that have already been settled, we’re able to offer up to 50% of your expected share of the settlement.
Let’s use an example of a plaintiff from Ohio involved in a car accident lawsuit, where the estimated value of the case is $300,000. The case is still ongoing and isn’t expected to be settled anytime soon. Generally, medical providers usually receive around one-third of the settlement amount. Similarly, the attorney also gets about one-third. As a result, the plaintiff is likely to receive approximately $100,000. In such a case, LawsuitLoans.io could potentially advance 25% of this sum—equating to a pre-settlement loan of around $25,000.
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 Ohio
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Ohio. Read more about the personal injury cases we fund in Ohio 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 Ohio here: