Motorcycle Accident Lawsuit Funding
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A motorcycle accident can turn a fun ride into a painful nightmare. Depending on the circumstances surrounding the accident and the specific cause of the injury, another party may be found negligent.
If a negligent party was the cause of your injuries, you might pursue a motorcycle accident lawsuit to get compensation for your injuries and suffering. However, cases like this can take months or even years to resolve, potentially putting you in a bad financial position.
That’s where pre-settlement funding comes in. With USClaims, you can get funds in as little as 24 business hours* and you won’t have to worry about a credit check or monthly payments. Plus, you don’t have to repay us if you don’t win your case.
Key Takeaways
- Tens of thousands of motorcyclists get injured in accidents every year.
- If you’re injured in a motorcycle accident through no fault of your own, you may be able to receive compensation by suing the negligent party.
- Unfortunately, motorcycle accident lawsuits can take months or years to resolve, potentially leading to financial hardship.
- Motorcycle accident lawsuit funding can help you cover your expenses and avoid debt while you wait for your case to end.
Common Motorcycle Accidents We Fund
The National Safety Council reported that there were nearly 83,000 injuries caused by motorcycle accidents in 2023. More than 6,300 motorcyclists died as a result of those crashes.
There are several causes of motorcycle accidents, with many incidents occurring due to negligent drivers. Some of the common types of motorcycle accidents that result in injuries and claims that may be eligible for compensation include:
- Excessive speed
- Rear-end
- Lane splitting
- Left-turn collisions
- Hit and run
- Dangerous road conditions
- Driving under the influence
- Distracted driving
There are also several cases of single-vehicle accidents. However, depending on the circumstances surrounding the accident and the specific cause of the injury, another party may still be found negligent.
For example, if defective safety gear, such as a faulty motorcycle helmet, is found to be the direct cause of a motorcyclist’s serious injury in what would have otherwise been a minor accident, the helmet manufacturer could be found negligent.
When It Makes Sense to Look into Motorcycle Accident Lawsuit Funding
When you become injured in a motorcycle accident through no fault of your own, you deserve to be compensated for your pain and suffering and financial loss. The days after your accident may be filled with extensive medical treatment and many meetings with your attorney.
However, the legal process can take a long time, and your bills may pile up due to your inability to work. You can’t wait months or even years for your motorcycle accident injury settlement case to end. Your creditors want to get paid now.
Motorcycle accident lawsuit funding may be the solution. You can use the cash advance however you need, whether that’s to pay your bills on time or cover life’s other expenses. With USClaims, you can get up to $1,000,000 without a credit check and only need to repay the advance if you win your case.
Motorcycle Lawsuit Funding Process
The pre-settlement funding process is straightforward and involves these steps:
- Hire an attorney. Make sure your lawyer knows how to and is willing to handle a case involving pre-settlement funding.
- File a personal injury case. Your lawyer will take charge of your case and tell you the steps of the legal process. The lawyer will also deal with the insurance company on your behalf and make sure that you are not bullied or deceived.
- Apply for pre-settlement funding. USClaims will work with your lawyer to evaluate your case and determine if you qualify for the cash advance.
Sign the agreement (if approved). Review the agreement carefully before signing so you know how much money you’ll receive, how much you’ll need to repay, and other important details. - Use the cash advance as needed. You could get your money in as little as 24 business hours and can use the funds for any purpose without restrictions.
- Wait for the outcome of your case. Your lawyer may negotiate with the at-fault party to try to reach a settlement without having to go to court. Or, you may need to go to trial if you and the other party cannot agree on a fair settlement amount.
If you win your case or settle, your lawyer will use a portion of your settlement (never more than twice the advanced amount) to repay us. If you lose your case, you pay us nothing.
Qualifications for a Motorcycle Accident Lawsuit Loan
Getting a motorcycle accident lawsuit loan may be easier than you think. Since the funding you receive isn’t a traditional loan but rather an advance of an expected lawsuit settlement, we don’t consider the strength of your credit profile when deciding whether to advance the funds.
All that matters is the strength of your case. If you have a valid personal injury claim and hired a personal injury attorney, you may be eligible to receive funding.
Think You Have a Case?
Call us toll-free at (877) USClaims to speak with a friendly funding specialist today.
Benefits of Getting a Motorcycle Accident Settlement Loan
A motorcycle accident settlement loan has a lot of perks. Some of the most significant benefits include:
Stay Out of Debt
The bills will keep coming in even if you’re hurt and unable to work. As your savings account balance shrinks, you might be tempted to borrow against your retirement account or home equity or open new credit card accounts. Doing these things can help you stay afloat today, but they’ll also make tomorrow a lot harder.
Pre-settlement funding gives you the cash you need to pay your bills on time and keep your creditors happy – without taking on new debt. With USClaims, motorcycle accident lawsuit funding amounts range from $500 to $1,000,000.
Cover Medical Expenses
A motorcycle accident can cause major damage to your body even if you wear protective gear. Some of the common injuries that motorcyclists can sustain in an accident include, but are not limited to:
- Traumatic brain injuries
- Spinal cord injuries
- Road rash
- Nerve damage
- Bone fractures
- Loss of limb(s)
- Burns
- Paralysis
- Disfigurement
A motorcycle accident can also impact your mental health, potentially leading to depression, anxiety, post-traumatic stress disorder, and other concerns.
A motorcycle lawsuit loan can help cover the costs of past, ongoing, and future medical treatments for your physical and mental health.
Gives You More Time to Wait for a Fair Settlement
Motorcycle accident lawsuits can take a long time to resolve. As the weeks and months go by, your budget may get tighter and tighter. You might be tempted to accept a subpar settlement deal just to get back on track.
Pre-settlement funding gives you the money you need to cover your expenses, so you won’t need to worry about falling behind on bills or taking on debt while you wait for your case to end. With financial stress off the table, you can focus on getting well and wait for the compensation amount you deserve.
No Risk if You Lose Your Case
Many people think that pre-settlement funding is a loan that you eventually need to pay back. That is incorrect. Instead of lending you money, the pre-settlement funding company gives you a cash advance in exchange for a part of the proceeds of your case. In other words, the funding provider receives a portion of your settlement (if you get one).
Litigation funding is nonrecourse funding. Instead of having to repay the money no matter what, you only have to pay if you are successful in your case, meaning that you have either settled or won the case at trial.
No Restrictions on How Funds Are Used
You can use the cash from your motorcycle accident lawsuit funding any way you want. USClaims doesn’t restrict you, and you would never need to submit expense statements or itemized spreadsheets showing how you spent the money. Once your funding goes through, that is entirely your business.
Many people use their cash advance to cover their:
- Rent or mortgage
- Utility bills
- Car payments
- Credit card bills and other debt payments
- Groceries
- Medical expenses
- Insurance premiums
No Monthly Payments
Since pre-settlement funding isn’t a traditional loan, you don’t have to worry about making monthly payments. If you win your case, your attorney will send the correct portion of your settlement amount as a lump sum to repay your cash advance. After that, you are completely done repaying us and can move on with your life.
See How a Motorcycle Accident Lawsuit Loan Has Helped People Like You
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with USC in the past. USC does not control the content of such reviews.
with USC in the past. USC does not control the content of such reviews.
Where USClaims Provides Funding
USClaims provides funding in most states. However, due to current state laws, we’re unfortunately unable to help plaintiffs in Arkansas, Kentucky, Maryland, Montana, West Virginia, or Washington, D.C.
Motorcycle Accident Lawsuit FAQs
How long does a motorcycle accident lawsuit take?
A motorcycle accident lawsuit could take months or years to resolve. The duration depends on the extent of your injuries, the complexity of the case, and other factors. Your attorney can give you an idea of how long your specific lawsuit will take to finalize.
How much is a good settlement for a motorcycle accident?
We cannot answer this question for you. Instead, we can tell you that the best settlement is one that fully and fairly compensates you for your injuries without having to wait too long for your money.
Ideally, the settlement would put you in the same position as if the accident never happened. Your medical bills would be paid, you’d recover any lost wages (past, present, and future), and you’d get reimbursed for any related expenses. You could also receive compensation for pain and suffering, whether it is physical discomfort or emotional stress.
There are cases in which the insurance company simply will not make a settlement offer that adequately compensates victims for their injuries. If this happens to you, there is a good chance that your case is going to trial. In most motorcycle accident cases, however, both sides are eager to avoid going to trial, which is why most cases settle before a trial takes place.
Have Questions?
Our pre-settlement funding experts will walk you through our entire process.
Disclaimer: Throughout this website, the term “loan” may be used for convenience to describe pre-settlement funding. However, such transactions are not loans in the legal sense. Repayment is strictly contingent upon the successful resolution of your case. If your case is unsuccessful, no repayment is required. Common terms like “lawsuit loan” are used colloquially but misrepresent the nonrecourse nature of pre-settlement funding.
