Motorcycle accidents are among the most severe motor vehicle accidents which can occur on the road today. They usually result in the very serious of injuries, including fatalities. Based on the US transportation authority, more than 4,500 motorcyclists were killed and other 86,000 injured on the highways and roads of America in the year 2005. More than 25% of motorcycle accidents are as a result of the high negligence of other drivers. Due to serious adverse injuries involved in these accidents, huge cash settlements are usually awarded. However, it may take many years to reach a settlement.
It may be very difficult to understand how do personal injury victims of the motorcycle accidents without any job provide for their families and even meet their living expenses. The lawsuit loan is often the only recourse to offer the right financial support to plaintiffs during the lengthy litigation process. The stability offered by lawsuit loans assists you to avoid being pushed to settle your case prematurely as a result of your immediate financial pressures.
Getting a pre-settlement motorcycle accident loan
For most people who are awaiting either verdict in their court proceedings or settlements in their personal injury cases, choosing a lawsuit funding firm will be one of the most significant decisions made during the time of such uncertainty.
Below are some of the top reasons to consider My Lawsuit Loans Company:
- Provide a quick and easy process
Getting through your own injury lawsuit while injured and without any job is costly and stressful. When applying for a lawsuit funding, the final thing you require is more red tape. My Lawsuit Loans Company can deliver your lawsuit funds within 24 hours of examining the facts of your case. Unlike any regular bank loan, approval for lawsuit funding fully depends on the type of your case.
This creates a more effective funding process than other traditional loans like a car title, payday, or signature loans.
- Clear terms
Lawsuit funding is a fairly easy process, but the contracts several companies use are anything but simple. You may consult with your attorney before signing anything. Fortunately, My Lawsuit Loans Company draft agreements with terms that are fair and easy to understand. Their representatives are so dedicated to ensure that all of their clients understand the agreement they are signing.
- Offer affordable rates
This is the most important factor to consider when looking for the right lawsuit funding firms. In case you get involved in any motorcycle accident, always seek help from My Lawsuit Loans Company since they have affordable rates and their rates change on a case-by-case basis.
Quick and easy funding for your cash advance
The level of risk in your case and the entire amount of interest rate must be directly correlated. The bigger the risk, the greater the rate. So, avoid carrying out any transactions with companies that charge a flat rate for all types of cases, since the rates are usually, much higher. Based on this factor, checking the interest is very essential in determining the amount you will pay back once your case is over. This pre-settlement funding company often charges you below 3.5%.
Once My Lawsuit Loans Company representatives are through with drafting of your case, they will always inform you about your monthly (or even fixed) rate prior to signing the agreement.
- No case interference
Injury victims who require lawsuit loans should seek help from My Lawsuit Loans Company they will never attempt to influence the handling of your case. Generally, individuals are advised to look into whether or not the Lawsuit Loans Firm has any kind of relationship or the financial interest associated with any of the defendants in your case. Luckily, this company does engage themselves in any case influential matters. They solely focus on your lawsuit funding. Such conflicts can be so challenging in the long-run, especially if a defendant files a counterclaim.
In case you are involved in a motorcycle accident lawsuit and require a cash advance before your case settles, My Lawsuit Loans can offer a lawsuit loan quickly and easily.