Vermont 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 Vermont
A motorcycle accident lawsuit loan is a financial option available to plaintiffs who have been injured in a motorcycle accident. It provides funds to victims while they wait for their lawsuit to settle. These funds can be used for whatever the plaintiff needs, whether it’s medical bills, living expenses, or legal costs.
Lawsuit loans are classified as “non-recourse,” which means that repayment only happens if a successful settlement or verdict happens. If the plaintiff does not win the case, they don’t repay anything. To qualify, a plaintiff must have a lawyer representing them in an ongoing motor vehicle accident case.
In essence, a motorcycle accident lawsuit loan provides victims much-needed financial help without the risk associated with traditional loans. This is especially beneficial in Vermont, where personal injury claim proceedings can go on for years.
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 Vermont
In Vermont, car accident loans offer financial help to those grappling with personal injury lawsuits. These loans provide immediate cash required to handle the bills and expenses until a legal case resolution is achieved. Below is some crucial information about car accident loans per LawsuitLoans.io experience in Vermont:
| Average car accident loan amount by LawsuitLoans.io in Vermont | $11,725.62 |
| Largest car accident loan by LawsuitLoans.io in Vermont | $50,000.00 |
| Average interest rate in Vermont | 20.0% |
| Median personal injury verdict in Vermont | $31,000.00 |
| Vermont statute of limitations | 3 Years; Title 12 Ch. 23 Sub. 2 Section 512 |
| Vermont’s fault laws | Vermont 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 Vermont?
If you’ve been in a motorcycle accident in Vermont, you might be wondering whether you’re eligible to take out a loan against your lawsuit. The primary eligibility criteria for such loans revolve around three simple rules:
- You must have a valid legal claim against an insurance company or self-insured company. This means you must be pursuing a case due to negligence which has caused physical or emotional harm.
- You must have hired an attorney on a contingency basis. A contingency basis refers to an agreement where your attorney only gets paid if you win your case.
- You must be at least 18 years old.
These are the fundamental requirements you need to meet to apply for a motorcycle accident lawsuit loan in Vermont.
Types of Motorcycle Accident Claims in Vermont
Accidents involving motorcycles can happen in many ways, each one unique to the circumstances. Knowing the type of accident you were involved helps to make your lawsuit stronger, and here are a few examples:
Head-On Collisions: These are among the most dangerous types of motorcycle accidents and commonly occur when another vehicle crashes into a motorcyclist head-on.
Left-Turn Accidents: These often happen when a vehicle making a left turn collides with a motorcycle going straight through an intersection or trying to pass the car.
Hit and Runs: Sometimes, a motorcyclist is hit by a driver who leaves the scene without stopping or reporting the accident.
Lane-Splitting Accidents: These accidents happen when a motorcycle ride between rows of stopped or slow-moving traffic.
While understanding these accident types is essential, it’s also critical to comprehend how fault laws in Vermont could influence your lawsuit’s outcome. Vermont uses “modified comparative fault” law. If you are found to be more than 50% at fault for the accident, you cannot recover any damages. Even if you’re less at fault, your potential recovery will be reduced by your percentage of fault.
This means that your involvement in an accident, your actions, and circumstances all matter greatly in your lawsuit. Understanding this can help enhance your chances of success in your 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?
LawsuitLoans.io offers lawsuit loans that can range from $500 to over $1,000,000. During a case in progress, we typically advance up to a maximum of 25% of the amount you expect to receive from a settlement. If your case is already settled, we can offer up to 50% of your expected settlement portion.
Let’s consider an example: Imagine you’re a plaintiff from Vermont involved in a motorcycle accident case with an estimated value of $350,000. Your case is still ongoing and it will take some time before it gets settled. As a general rule, medical providers usually receive around 1/3 of the settlement amount, and attorneys receive another 1/3. Therefore, you as the plaintiff would likely receive around $115,000 from the settlement. In such a scenario, LawsuitLoans.io can advance approximately 25% of your expected portion, which equals about $29,000.
Roadway Accident Cases we Fund in Vermont
At LawsuitLoans.io, we provide funding for nearly any type of roadway accident case in Vermont. These include but are not limited to the following:
- Bicycle Accident Loans: We offer loans to plaintiffs involved in bicycle accidents.
- Car Accident Loans: You can apply for funding if you’ve been in a car accident.
- Commercial Vehicle Accident Loans: We cater to plaintiffs involved in commercial vehicle accidents as well.
- Government Vehicle Accident Loans: If your case involves a government vehicle accident, we can help.
- Motorcycle Accident Loans: Plaintiffs in motorcycle accidents can also apply for our funding.
- Pedestrian Accident Loans: For those injured as pedestrians, we provide the necessary assistance.
- Rideshare Accident Loans: We also fund cases involving rideshare accidents.
- Semi-Truck Accident Loans: If your claim is related to a semi-truck accident, we can provide 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 Vermont
LawsuitLoans.io provides funding throughout Vermont. See more about our funding in Vermont by visiting the city pages below:
Other Cases we Fund in Vermont
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Vermont. Read more about the personal injury cases we fund in Vermont 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 Vermont here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in Vermont?
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 Vermont.