Rhode Island Semi Truck Accident Loans

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  • Rates as Low as 2.5% Simple, Monthly
  • Repay $0 if You Lose Your Case

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    What Are Semi-Truck Accident Loans in Rhode Island

    A semi-truck accident loan is a type of pre-settlement financial aid. It’s designed to provide immediate monetary help to individuals who have been involved in a semi-truck mishap and are in the process of a legal claim.

    In essence, these loans are non-recourse advances on a plaintiff’s future accident compensation. “Non-recourse” means that the repayment depends on the outcome of the lawsuit. If the plaintiff doesn’t win or settle the case, they owe nothing back. Therefore, there is no risk involved for the plaintiff in acquiring this loan.

    For instance, let’s consider Robert, a person who was involved in a semi-truck accident in Rhode Island. He decides to file a lawsuit against the responsible parties but realizes that legal procedures can often take years to conclude. Robert has hospital bills to pay and needs money for daily expenses whilst he can’t work. In such situations, semi-truck accident loans prove beneficial. Robert could apply and get approved for legal funding from LawsuitLoans.io. He could use this advance to support himself and his family during the pending litigation.

    Hence, a semi-truck accident loan may be a lifeline during uncertain times when the resolution of your legal case may seem far off.

    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.

    Telephone Icon - Starting the process is easy, just apply online or call toll free

    Apply Online or Call Toll-Free

    Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.

    Review Icon - We quickly review your legal case.

    We Review Your Case

    Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.

    Money Bag Icon - Once we approve your case, you and your attorney sign the contract and you get cash the same day

    You Receive Funds

    You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.

    Types of Semi-Truck Accident Claims in Rhode Island

    Semi-truck accidents can cause a great deal of damage. This is not just due to their size and weight, but also because of the speed at which they typically travel. In Rhode Island, there are several types of semi-truck accident claims that can be made. Understanding these types and how Rhode Island fault laws can impact a case is important for a plaintiff looking to pursue a claim.

    Rear-End Collisions

    These occur when a semi-truck hits the vehicle in front of it from behind. Common causes include distracted driving, speeding, or brake failure. Under Rhode Island law, the driver who hit the other vehicle from behind is often found at fault, which could strengthen a plaintiff’s case.

    Underride Accidents

    Underride accidents happen when a smaller vehicle slides under the trailer of a semi-truck. This can occur when the truck stops suddenly or if visibility is poor. These can be more complex cases, as fault may depend on both the truck driver’s actions and the condition of their equipment.

    Side-Impact Collisions

    Also known as T-bone accidents, they happen when a vehicle hits the side of a semi-truck. Usually, it’s the fault of the driver who did not yield the right of way. But sometimes, the truck driver may be found at fault if they failed to take proper precautions at intersections.

    Jackknife Accidents

    Jackknife accidents occur when the truck’s trailer swings out into a 90-degree angle from the cab. This is often due to improper braking, equipment failure, or adverse weather conditions. The fault can vary based on the causal factors, but Rhode Island laws favor those who can prove they were not at fault.

    In Rhode Island, the determination of fault plays a significant role in a semi-truck accident case. By understanding how certain types of accidents occur and how fault is traced, a plaintiff will better their chance of success in their lawsuit.

    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

    Apply Now

    Am I Eligible for a Semi-Truck Accident Loan in Rhode Island?

    It’s logical to wonder about your eligibility for a semi-truck accident lawsuit loan, especially if you have been involved in an accident in Rhode Island. While the specifics can vary, the primary eligibility criteria are quite clear and straightforward.

    Firstly, you must have a valid legal claim ongoing against a self-insured company or an insurance company. This legal claim should be concerned with the accident you have been part of. The basis of these lawsuits is often negligence, so your attorney’s task will be proving that the defendant’s negligence caused the accident and your subsequent injuries.

    Secondly, you should have an attorney who has been hired on a contingency basis. A contingency basis means that your lawyer gets paid if, and only if, you win your case. For this reason, attorneys only take on cases they consider strong, which in turn increases your chances of obtaining a lawsuit loan.

    Lastly, it is essential to note that you must be at least 18 years of age to apply for a lawsuit loan. Hence, if you meet all these parameters, you may very well qualify for a semi-truck accident loan in Rhode Island.

    Roadway Accident Cases we Fund in Rhode Island

    At LawsuitLoans.io, we are dedicated to providing assistance to plaintiffs involved in almost any type of roadway accident in Rhode Island. This includes, but is not limited to:

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    Apply today and get funds in as little as 24 hours!

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    How Much Money Can I Get From my Semi-Truck 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 take as an example a plaintiff in Rhode Island who is involved in a car accident case with an estimated value of $60,000. The case is still in progress and will not settle for some time. In most cases, medical providers get paid around 1/3 of the settlement, and the attorney takes another 1/3. Consequently, the plaintiff would receive around $20,000 from the settlement. We can advance approximately 25% of that amount, which equates to about $5,000.

    Cities we Service in Rhode Island

    LawsuitLoans.io provides funding throughout Rhode Island. See more about our funding in Rhode Island by visiting the city pages below:

    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.

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    Other Cases we Fund in Rhode Island

    LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Rhode Island. Read more about the personal injury cases we fund in Rhode Island here:

    Read more about the roadway accident claims we fund in Rhode Island here:

    Apply now for a free consultation