Pennsylvania 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 Pennsylvania?
A motorcycle accident lawsuit loan in Pennsylvania is a non-recourse financial advance provided to plaintiffs who have suffered personal injuries in a motorcycle accident. The loan is not a traditional one. Instead, it’s an advance on the potential settlement that the plaintiff might receive in the future when his or her legal case is finally resolved.
The process for obtaining this type of loan is simple. Firstly, you apply for the lawsuit loan by submitting your details and information regarding your legal case. Following this, LawsuitLoans.io works closely with your attorney to understand the specifics of your lawsuit. If your case qualifies, you will receive funds upfront. It’s important to note that these loans are non-recourse. This simply means that you owe nothing if you lose your case.
The main advantage of a motorcycle accident lawsuit loan is that it provides you with immediate access to funds while you wait for your legal case to be settled. This can assist you in managing your expenses like medical bills, rent, and other necessities. So, if you’re currently involved in a motorcycle accident lawsuit in Pennsylvania and have been grappling with financial challenges, consider lawsuit loans.
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
Car accident loans in Pennsylvania provide crucial financial support for plaintiffs involved in ongoing personal injury claims. These funds act as a bridge to alleviate financial stress while waiting for a lawsuit to resolve. Here are some key figures and laws to be aware of:
| 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 Motorcycle Accident Loan in Pennsylvania?
If you’re involved in a motorcycle accident, you might be eligible to apply for a lawsuit loan provided by LawsuitLoans.io. Getting funding can help ease the financial burden while you wait for your case to settle. However, there are a few key eligibility criteria you need to meet first.
The primary eligibility criteria for a motorcycle accident lawsuit loan in Pennsylvania are:
- Having a valid legal claim against an insurance company or self-insured transporter
- Having an attorney hired on a contingency fee basis
- Being 18 years old or older.
These criteria ensure individuals applying for lawsuit loans have a legitimate claim and stand to receive compensation they can use to pay back the funds.
Types of Motorcycle Accident Claims in Pennsylvania
In Pennsylvania, many motorbike accident cases arise each year. These accidents can happen in numerous ways such as head-on collisions, hit and run incidents, and accidents due to unsafe lane changing or speeding. Given the nature of these accidents, the plaintiff’s chance of success in their lawsuit can greatly vary.
Take head-on collisions for instance. These are frequently the result of a motorist’s negligence or reckless driving. If a plaintiff can convincingly prove this factor, their chances of securing compensation increases. However, the situation differs in hit and run incidents. The process might become more complex if the at-fault party cannot be identified, thus potentially reducing a plaintiff’s opportunity for compensation.
Similarly, the outcomes of lawsuits resulting from unsafe lane changing or speeding can be impacted by Pennsylvania’s fault laws. These rules state that the degree to which each party is at fault impacts the amount of compensation they receive. Therefore, even if a motorcycle operator partially contributed to the accident, they may still be eligible for compensation but at a reduced rate.
Therefore, understanding the conditions and circumstances associated with different types of motorcycle accidents can significantly influence the chances of success in a personal injury lawsuit. By leveraging expertise from experienced lawyers and pre-settlement funding from firms like LawsuitLoans.io, plaintiffs can make informed decisions about their claim.
Get Started
Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Motorcycle 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 imagine a scenario with a plaintiff in Pennsylvania. They have been in a motorcycle accident, and their case is ongoing but won’t settle for some time. The estimated value of their case is $350,000. Usually, the medical providers receive around 1/3 of the settlement, which equates to approximately $115,000. The attorney also gets 1/3. So, what’s left for the plaintiff is another $115,000.
At LawsuitsLoans.io, we could provide an advance on this settlement of approximately 25%. That means the plaintiff could receive a lawsuit loan of around $29,000 even before their case settles.
Roadway Accident Cases we Fund in Pennsylvania
At LawsuitLoans.io, we understand that accidents can occur anywhere and at any time. That’s why we offer support to almost any type of roadway accident in Pennsylvania. Here is a list of accident types we provide funding for:
- Bicycle Accident Loans: We support victims of bicycle accidents in their quest for justice and recovery.
- Car Accident Loans: Our loans aid car accident victims in their journey toward a fair settlement.
- Commercial Vehicle Accident Loans: We offer funds to those injured in commercial vehicle accidents.
- Government Vehicle Accident Loans: Injury from government vehicles is covered in our financial support program.
- Motorcycle Accident Loans: For motorcycle accident victims, we offer necessary financial assistance.
- Pedestrian Accident Loans: Our resources can help pedestrians cope with the aftermath of an accident.
- Rideshare Accident Loans: We also fund those affected by rideshare vehicle accidents.
- Semi-Truck Accident Loans: Semi-truck accident victims will find help with our pre-settlement funding.
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: