South Dakota Semi Truck 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 Semi-Truck Accident Loans in South Dakota?
A semi-truck accident loan is a non-recourse advance that provides financial assistance to plaintiffs who are involved in semi-truck accidents and have a pending lawsuit. These loans are designed to assist individuals in meeting their financial obligations while they wait for their case to resolve. They are termed “non-recourse” advances because you only need to repay the advance if you win your case.
Let’s take a hypothetical example. Meet Lawrence, a South Dakota resident who was a victim of a semi-truck accident. The aftermath of the accident left him with mounting medical bills and lost wages from his inability to work, leading to financial hardship. As he struggles to get through each day, his attorney advises him to apply for a semi-truck accident loan.
With this pre-settlement funding from LawsuitLoans.io, Larry could manage his day-to-day expenses and medical costs without the stress of debt hanging over his head. By removing the pressure to settle his case quickly out of financial need, Larry can afford to wait for a more favorable settlement 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.
Types of Semi-Truck Accident Claims in South Dakota
In South Dakota, semi-truck accidents can occur due to various reasons. These incidents can be categorized into several types.
One common type is the Jackknife Accident. This happens when a truck driver loses control, causing the trailer to swing out and form an “L” or “V” shape with the cab, resembling a jackknife. It can cause severe damage and horrific injuries.
The Rollover Accident is another frequent occurrence. High speeds, sudden turns, or shifting cargo might tip over a semi-truck, becoming a destructive force on the road.
A Rear-End Accident occurs when a semi-truck hits a vehicle from behind. Because of the size and weight of semi-trucks, these accidents often lead to catastrophic outcomes.
Lastly, there’s the Blind Spot Accident. Trucks have large blind spots. If a motorist is in one of these “no-zones” and the trucker fails to notice, a devastating collision can occur.
In South Dakota, how these accidents happen plays a crucial role in determining fault and the possibility of compensation. The state follows a ‘modified comparative negligence’ system. Under this law, if a plaintiff is found to be partially at fault, their recovery amount reduces by their fault percentage. If the plaintiff is more than 50% responsible, they cannot recover damages.
This law impacts a plaintiff’s chance of success in their lawsuit. Therefore, understanding the nuances of each type of semi-truck accident is critical. Always consult with a knowledgeable attorney for guidance through the complexities.
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 Semi-Truck Accident Loan in South Dakota?
If you’ve been involved in a semi-truck accident in South Dakota, you may be wondering if you’re eligible for a lawsuit loan. LawsuitLoans.io provides lawsuit funding to plaintiffs waiting for their case to settle, and this includes semi-truck accident victims. But, there are certain criteria you must meet.
The primary eligibility criteria for a semi-truck accident lawsuit loan are:
- You must have a valid legal claim against an insurance company or a self-insured company. This means that you have filed a lawsuit and are awaiting settlement.
- You must have an attorney handling your case on a contingency basis. In other words, your lawyer agrees to get paid only if you win your case or settle out of court.
- Finally, you must be 18 years old or older. This is the legal age requirement for applying for a lawsuit loan in South Dakota.
Remember, LawsuitLoans.io provides pre-settlement funding, which means you can access funds while you wait for your case to resolve. If your case qualifies, you can use these funds to pay for living costs, medical bills, legal fees, or anything else you need. To apply, visit LawsuitLoans.io funding application.
Roadway Accident Cases we Fund in South Dakota
We fund almost any type of roadway accident in South Dakota. Here is a brief rundown of the types of accidents and the corresponding funding that we provide:
- Bicycle Accident Loans: We offer funding for plaintiffs involved in bicycle accidents. These funds can help cover immediate expenses while you wait for your lawsuit to settle.
- Car Accident Loans: LawsuitLoans.io provides finance to individuals who have been hurt in car accidents. Our loans can aid in covering medical bills, lost wages, and other costs related to the accident.
- Commercial Vehicle Accident Loans: If you have been involved in an accident with a commercial vehicle, we can provide the necessary funding to bridge your financial gap before the settlement comes through.
- Government Vehicle Accident Loans: Accidents involving government vehicles can result in complex lawsuits. We offer lawsuit loans that can help you handle your financial obligations while your case is being resolved.
- Motorcycle Accident Loans: Motorcycle accident plaintiffs can apply for funding from LawsuitLoans.io to assist them financially while they await their settlement.
- Pedestrian Accident Loans: For pedestrians injured in accidents, we offer lawsuit funding to ease financial stress during the lifesuite process.
- Rideshare Accident Loans: If you’ve been involved in a rideshare accident, LawsuitLoans.io can provide upfront financing to take care of necessities while your case is being settled.
- Semi-Truck Accident Loans: In semi-truck accident cases, we fund plaintiffs, helping them stay financially stable during the long lawsuit process.
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Apply today and get funds in as little as 24 hours!
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 consider an example: You’re a plaintiff in South Dakota dealing with a semi-truck accident case. Your case has an estimated value of $60,000 but is still ongoing and will not settle for some time. Medical providers generally get around 1/3 of the settlement, the attorney another 1/3, leaving you with approximately $20,000. In this scenario, we could advance around 25% of your prospective share, which equals to $5,000.
Cities we Service in South Dakota
LawsuitLoans.io provides funding throughout South Dakota. See more about our funding in South Dakota 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.
Other Cases we Fund in South Dakota
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in South Dakota. Read more about the personal injury cases we fund in South Dakota 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 South Dakota here:
Does LawsuitLoans.io Directly Fund Cases in South Dakota?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in South Dakota.