Wisconsin Commercial Vehicle 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 Commercial Vehicle Accident Loans in Wisconsin?
Commercial vehicle accident loans, also known as pre-settlement funding or lawsuit loans, are funds made available to individuals who have pending legal cases. These loans are specifically designed for plaintiffs who have suffered injuries from a commercial vehicle accident in Wisconsin and are waiting for their settlement.
Where traditional loans need to be repaid regardless of the outcome, these fall into a non-recourse category. This simply means that you only repay if you win your case. So, if for any reason your lawsuit does not result in a settlement, you owe nothing back.
Here’s the basic premise of how it works: The plaintiff submits an application for funding; the lawsuit loan company reviews the merits of the case; if approved, the funds are made available to the plaintiff until the case resolves.
The concept of car accident loans is to offer immediate financial relief to plaintiffs struggling with expenses such as medical bills and living costs while they await their legal settlement. If you’re battling with a commercial vehicle accident lawsuit, this may be a helping hand you need.
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 Wisconsin
This section offers crucial information about car accident loans in Wisconsin. It provides you with a detailed review of the average loan amounts, largest loan issued, current interest rates, verdict medians, statute of limitations, and state’s specific at-fault laws. Please see the table below:
| Average car accident loan amount by LawsuitLoans.io in Wisconsin | $14,248.33 |
| Largest car accident loan by LawsuitLoans.io in Wisconsin | $71,825.00 |
| Average interest rate in Wisconsin | 21.7% |
| Median personal injury verdict in Wisconsin | $31,000.00 |
| Wisconsin statute of limitations | 3 Years; Chapter 893 Section 893.54 |
| Wisconsin fault laws | Wisconsin 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 Commercial Vehicle Accident Loan in Wisconsin?
If you are involved in a car accident and looking for a lawsuit loan, it’s crucial to understand the eligibility criteria. These criteria are straightforward. The most important aspect relates to the involvement of either a high insurance policy or a self-insured entity. This is a necessary requirement in every commercial vehicle accident claim.
Beyond this, two other requirements must also be met for eligibility. First, you need to have an attorney hired on a contingency basis, which means they get paid only if you win or settle the lawsuit. A lawyer working on a contingency basis shows that your case has a good chance of winning, which gives lenders confidence in your case’s prospects.
Secondly, you need to be at least 18 years old. This is a standard requirement across the board for entering into any legal contract, including lawsuit loans.
In summary, with a high insurance policy or self-insured entity involved, and if you have hired a lawyer on a contingency basis and are above 18 years old, you meet the eligibility criteria for a commercial vehicle accident loan in Wisconsin.
How Much Money Can I Get From my Commercial Vehicle Accident Pre-settlement Loan?
LawsuitLoans.io provides lawsuit loans that range from $500 to more than $1,000,000. If your case is currently ongoing, we can advance a maximum of 25% of your expected share from the settlement. For cases that have already been settled, we can offer up to 50% of your expected share from the settlement.
For instance, let’s consider a plaintiff in Wisconsin involved in a commercial vehicle accident. The estimated value of the claim is $500,000. The case is still ongoing and not expected to settle for some time.
As a general rule, medical providers get about one third of the settlement amount, which is approximately $170,000. The attorney also generally receives about another third. The plaintiff would therefore receive around $170,000. In this scenario, we can advance approximately 25% of the plaintiff’s estimated portion, or $42,500.
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Apply today and get funds in as little as 24 hours!
What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in Wisconsin?
When dealing with personal injury claims, we at LawsuitLoans.io encounter a variety of situations. One common category we fund involves commercial vehicles in Wisconsin. Each vehicle type has unique aspects that contribute to the dynamics of accident cases.
- Semi-trucks: Known as 18-wheelers or big rigs, these large vehicles transport goods long distances. Due to their size and weight, accidents involving semi-trucks can lead to serious injuries.
- Delivery trucks: Companies like UPS and FedEx use these vehicles extensively. While smaller than semi-trucks, they can still cause significant damage in accidents.
- School buses and city buses: Public transportation vehicles like these travel set paths regularly. Accidents can result in numerous injury claims due to the amount of passengers.
- Taxis and ride-sharing vehicles: Taxis and cars used by companies like Uber and Lyft are on the road constantly. This high usage can increase the chance of an accident.
- Construction vehicles: These include dump trucks, cement mixers, and other vehicles found on construction sites. They present unique hazards due to their design and operation.
While this list covers common types of commercial vehicles, it is not exhaustive. At LawsuitLoans.io, we fund car accident claims involving any kind of privately or commercially used vehicle nationwide. So even if your case does not involve a type of vehicle listed here, you could still qualify for funding.
Roadway Accident Cases we Fund in Wisconsin
In Wisconsin, we fund nearly any type of roadway accident. Let’s take a look at some examples:
- Bicycle Accident Loans – Assisting riders recover economically as they recover physically.
- Car Accident Loans – Helping victims cover expenses during the lengthy legal process.
- Commercial Vehicle Accident Loans – Supporting those hit by delivery trucks, taxis and other business vehicles.
- Semi Truck Accident Loans – Providing financial aid to people affected by big rig accidents.
- Government Vehicle Accident Loans – Offering funds to individuals who’ve been hit by government cars or trucks.
- Motorcycle Accident Loans – Assisting motorcyclists who are going through a legal case.
- Pedestrian Accident Loans – Helping pedestrians regain financial stability after a road accident.
- Rideshare Accident Loans – Supporting those who’ve been involved in accidents with rideshare vehicles like Uber or Lyft.
If you’ve been involved in any of these types of roadway accidents in Wisconsin, we’re here to help. Contact us at LawsuitLoans.io to start the process of obtaining your 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.
Other Cases we Fund in Wisconsin
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Wisconsin. Read more about the personal injury cases we fund in Wisconsin 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 Wisconsin here: