Texas 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 Texas?
Motorcycle accident lawsuit loans are a financial resource designed for plaintiffs who have been injured in a motorcycle accident. These loans serve as a lifeline while you wait for your lawsuit to progress or waiting for your settlement. They provide fast cash that you can use to cover living costs, medical bills, and other immediate needs.
The unique aspect of these loans is that they are non-recourse advances. This means if you do not win your case or receive a settlement, you owe nothing back. The loan hinges entirely on the future outcome of your claim.
In simple terms, a motorcycle accident lawsuit loan is an advance on your future settlement. It’s important to note this is not a traditional loan. It’s an advance on the expected proceeds from your lawsuit settlement. Thus, your repayment relies on winning or settling your case. If your claim doesn’t succeed, you’re under no obligation to pay back the money.
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 Texas
If you have been involved in a car accident and are awaiting a legal settlement in Texas, LawsuitLoans.io provides pre-settlement funding. This table presents the key figures and information about car accident loans in Texas.
| Average car accident loan amount by LawsuitLoans.io in Texas | $9,400.29 |
| Largest car accident loan by LawsuitLoans.io in Texas | $100,500.00 |
| Average interest rate in Texas | 21.3% |
| Median personal injury verdict in Texas | $12,281.00 |
| Texas statute of limitations | 2 Years; Civ. Prac. & Rem Code Title 2 Ch. 16 Section 16.003 |
| Texas fault laws | Texas 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 Motorcycle Accident Loan in Texas?
If you’re wondering whether you’re eligible for a motorcycle accident lawsuit loan in Texas, there are a few key criteria to keep in mind. First and foremost, you must have a valid legal claim. This means you have a lawsuit against an insurance company or a self-insured company. You’re suing because of a motorcycle accident that wasn’t your fault.
Second, you must have an attorney who is working on your case on a contingency basis. This means your lawyer agrees to be paid only if you win your case. Your attorney’s commitment is a form of assurance to LawsuitLoans.io that your case has merit.
Lastly, you must be at least 18 years old. This age requirement is standard across the board when applying for any type of legal funding services.
To conclude, these are the primary eligibility requirements to get a motorcycle accident lawsuit loan from LawsuitLoans.io in Texas. You may apply if your situation matches these conditions.
Types of Motorcycle Accident Claims in Texas
Motorcycle accidents occur when a driver fails to see or acknowledge the motorcycle on the road. It often results from the negligence of other drivers, which can lead to serious injuries for the motorcyclist.
Hit-and-Run Accidents
In these instances, a vehicle hits a motorcycle and then leaves the scene without stopping. The victim often has limited information about the driver, making the case more challenging.
Left-turn Accidents
This type of accident happens when a car makes a left turn into a lane where a motorcycle is moving straight ahead. The driver might fail to notice the motorcycle, leading to a collision.
Head-on Collisions
Head-on collisions mostly occur when a car violates traffic rules and collides with an oncoming motorcycle. This is often the result of reckless driving or impaired judgment.
Texas Fault Laws and Motorcycle Accident Claims
In Texas, the law operates under a ‘proportional comparative fault’ system. This means that if a plaintiff is found to be at fault in any way, it could reduce their compensation. Moreover, if the plaintiff is more than 50% at fault, they will not receive any compensation. These fault laws make it even more critical for a plaintiff to have solid evidence to support their claims.
Overall, understanding the types of motorcycle accidents and Texas fault laws can greatly impact a plaintiff’s chances of success in their lawsuit. To successfully pursue a claim, a plaintiff should gather as much evidence as possible and seek legal representation. Apply for a lawsuit loan today and secure your legal fight!
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?
At LawsuitLoans.io, the amount you can receive from a pre-settlement loan largely depends on your anticipated settlement. Our lawsuit loans can range from $500 to over $1,000,000. If your case is still in progress, we can provide an advance of up to a maximum of 25% of your expected share of the settlement.
For cases that are already resolved, we can offer up to 50% of the portion of the settlement you’re expecting to receive. To illustrate, let’s consider an example: an individual in Texas involved in a motorcycle accident, with their case still ongoing. The estimated settlement value for this particular case is $350,000.
Typically, around one-third of the settlement is allocated to medical providers, and another third goes to the attorney. This leaves the plaintiff with an approximate final sum of $115,000. Given our terms, we could advance approximately 25% of this figure. That translates to a potential advance of $29,000 for this case.
Roadway Accident Cases we Fund in Texas
At LawsuitLoans.io, we fund almost any type of roadway accident in Texas. Below is a comprehensive list of such cases:
- Bicycle Accident Loans: We provide funds to plaintiffs involved in bicycle accidents while they wait for their lawsuit to resolve.
- Car Accident Loans: Car accident victims can apply for our loans as they await the settlement of their legal cases.
- Commercial Vehicle Accident Loans: If you’re a victim of a commercial vehicle accident, we offer financial assistance through our lawsuit loans.
- Government Vehicle Accident Loans: For those caught up in government vehicle accidents, our funding solutions can ease financial stress while your case progresses.
- Motorcycle Accident Loans: Motorcyclists who have suffered due to an accident can benefit from our pre-settlement funding options.
- Pedestrian Accident Loans: Pedestrians hit in accidents may apply for our lawsuit loans while they wait for their case to conclude.
- Rideshare Accident Loans: If you’ve been involved in an accident as a rideshare user, we offer funding as your case unfolds.
- Semi-Truck Accident Loans: Victims of semi-truck accidents can apply for our lawsuit loans as they wait for their legal cases to resolve.
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 Texas
LawsuitLoans.io provides funding throughout Texas. See more about our funding in Texas by visiting the city pages below:
Other Cases we Fund in Texas
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Texas. Read more about the personal injury cases we fund in Texas 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 Texas here: