Pennsylvania 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 Pennsylvania?
A bicycle accident lawsuit loan is a financial tool designed for plaintiffs who have been injured in a bike accident. This type of loan aids those awaiting the settlement of their legal case. Rather than waiting long periods, sometimes even years, for their case to resolve, they can receive immediate funds to aid them during this period.
These bikes accident lawsuit loans, provided by LawsuitLoans.io, offer a unique advantage for the users. They are non-recourse advances. That means if a plaintiff’s legal case doesn’t turn out favorably, and they don’t receive a settlement, the plaintiff is not required to repay anything. These loans are structured such that repayment happens only when the plaintiff gets a settlement from their lawsuit.
Therefore, bicycle accident lawsuit loans serve as a cushion for those injured in bike accidents in Pennsylvania. It empowers them, financially speaking, to navigate through the time it takes for their legal case to be resolved. To learn more, contact a representative at (800) 340-4973 or complete an online application at LawsuitLoans.io.
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 Pennsylvania
If you’re involved in a car accident in Pennsylvania and awaiting legal resolution, you can depend on LawsuitLoans.io. We provide funds to keep you financially stable during the waiting period. The table below provides important stats about car accident loans in Pennsylvania.
| Average car accident loan amount by LawsuitLoans.io in Pennsylvania | $18,024.14 |
| Largest car accident loan by LawsuitLoans.io in Pennsylvania | $185,135.00 |
| Average interest rate in Pennsylvania | 20.2% |
| Median personal injury verdict in Pennsylvania | $15,000 to $45,000 |
| Pennsylvania statute of limitations | 2 Years; 42 Penn. Cons. Statutes Section 5524 |
| Pennsylvania fault laws | Pennsylvania 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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Bicycle Accident Loan in Pennsylvania?
If you’ve had a bicycle accident in Pennsylvania and are pursuing a lawsuit, you may be asking yourself, “Am I eligible for a lawsuit loan?” The eligibility requirements are simple. To qualify for a bicycle accident loan, the following criteria must be met:
- Firstly, have a valid legal claim against an insurance company or a company that is self-insured. This means your case is active or pending in court.
- Secondly, you have hired an attorney who is working on a “no-win, no-fee” basis. If you win, your attorney gets paid from the settlement and if you lose, they don’t charge anything.
- Lastly, you need to be at least 18 years old as minor settlements are typically handled differently.
Gaining pre-settlement funding can lift a huge financial burden off your shoulders while you wait for your lawsuit to resolve. If you meet these requirements, feel free to contact LawsuitLoans.io at (800) 340-4973 or fill out our funding application.
Types of Bike Accident Claims in Pennsylvania
In Pennsylvania, bike accidents can occur in several ways, each with its unique circumstances that could influence the outcome of a legal claim. As a cyclist, it’s essential to understand these scenarios for a better chance of success in your lawsuit.
Hit-and-Run Accidents: These accidents happen when a motorist collides with a cyclist and then leaves the scene without identifying themselves or offering assistance. Pennsylvania laws enforce serious penalties on offenders, making it more likely for a plaintiff to win their legal fight.
Intersection Accidents: Intersections are common locations for bike accidents due to their confusing nature and high traffic volume. If a driver fails to obey traffic control devices, resulting in an accident, they can be held liable under Pennsylvania law.
Dooring Accidents: These occur when a parked car’s door is suddenly opened into a bicyclist’s path, causing a collision. Responsibility lies with the door-opener if a claim is filed. In some cases, the driver’s vehicle insurance may also cover resultant damages.
Failure to signal, disregard for bike lanes, and drunk driving are other typical scenarios. Depending on the particular circumstances surrounding the accident, fault laws in Pennsylvania could heavily impact a plaintiff’s chance of success in their lawsuit. Understanding the ins and outs of the circumstances surrounding your accident might significantly improve your chances of winning.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Bike Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.
Let’s consider an example. Suppose you’re a Pennsylvania plaintiff involved in a bike accident case. Let’s say the case has an estimated value of $750,000. This case is still being resolved and won’t settle for quite some time. In most settlements like this, medical providers typically receive around 1/3 of the amount – that’s roughly $250,000 for your case. From this amount, we can advance approximately 25%, or $62,500.
Roadway Accident Cases We Fund in Pennsylvania
At LawsuitLoans.io, we offer funding for almost any type of roadway accident that has occurred in Pennsylvania. If you are involved in a lawsuit due to such an incident, we may be able to help you cover your expenses while your case is being resolved. Here are some specific types of accidents for which we provide loans:
- Bicycle Accident Loans: Loans for cases involving accidents between bicyclists and motor vehicles on Pennsylvania’s roads.
- Car Accident Loans: Funding for individuals dealing with the financial after-effects of car accidents in Pennsylvania.
- Commercial Vehicle Accident Loans: Assistance for plaintiffs entangled in lawsuits related to commercial vehicle accidents.
- Government Vehicle Accident Loans: If you’re battling a legal case against a government-owned vehicle accident, we can help ease the financial burden.
- Motorcycle Accident Loans: Support for motorcyclists who suffered injuries due to road accidents and are awaiting a resolve for their case.
- Pedestrian Accident Loans: We offer financial help to pedestrians who have been involved in an accident that resulted in a legal case.
- Rideshare Accident Loans: Providing funds to rideshare passengers, drivers or third-parties involved in a roadway collision while using rideshare services.
- Semi-Truck Accident Loans: Financial support for those involved in legal conflicts resulting from accidents involving semi-trucks.
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 Pennsylvania
LawsuitLoans.io provides funding throughout Pennsylvania. See more about our funding in Pennsylvania by visiting the city pages below:
Other Cases we Fund in Pennsylvania
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Pennsylvania. Read more about the personal injury cases we fund in Pennsylvania 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 Pennsylvania here: