When you are injured in a car accident, truck accident, or motorcycle accident, one of your biggest concerns is probably how to pay for the costs. Medical treatments are not cheap, even in a minor accident. Not to mention, if you have sustained serious injuries, you might be forced to take time off from work, and also go through prolonged pain and suffering.
To claim financial damages from the negligent party that caused your accident and injuries, you may have to hire an attorney to file a lawsuit. Getting a settlement in auto accidents is a lengthy process that can put a lot of financial pressure on you and your family. Overcoming a debilitating injury is hard enough; but dealing with money issues makes matters even worse.
A helpful solution comes in the form of pre-settlement or lawsuit loans. It’s technically a pre-settlement advance against the pending settlement proceeds from your car accident lawsuit.
Motor vehicle accident lawsuit loans in Tallahassee, FL are a type of non-recourse financing, which means you are not obligated to pay it back unless you win your case. You essentially apply for funding for your case at no risk, knowing that you won’t be responsible for repaying the loan in case you lose the legal battle.
Steps to Obtain a Car Accident Lawsuit Loan in Tallahassee, Florida
Here is the easy process of getting a settlement loan in Tallahassee, FL:
Step 1: Fill out the online application form
Step 2: The lender will then call you and your attorney to discuss your case in order to determine whether or not you qualify for the loan
Step 3: After a careful evaluation of your case and based on the estimated settlement amount that you’ll receive, the lender will determine the amount of loan to offer you
Step 4: You and your attorney will then review the offer agreement, sign it, and send it back
Step 5: You will finally receive the money within 24 hours of getting approved
State Law Regarding Settlement Loans in Florida
Florida is a no-fault state, i.e., each individual’s insurance pays for the damages and injuries in a vehicle crash, regardless of who caused it. Also, if you are found “at fault”, the amount of compensation you are eligible for will be reduced correspondingly.
You are also allowed to file a personal injury lawsuit after a vehicle accident if you or a loved one suffered serious harm, including a permanent injury, permanent/significant loss of a body function, permanent/significant disfigurement or scarring, or death.
How does this translate to lawsuit loans in Florida? It means that you cannot receive a lawsuit loan for soft tissue injuries sustained in a car crash. But the terms are open to interpretation, so it is up for negotiation as part of your claim whether your injuries are deemed “significant” by the law.
If you want a settlement loan after being in a vehicle collision accident, you are legally required to retain an attorney first to represent you in your personal injury lawsuit. It doesn’t matter if you have filed the lawsuit or not (yet), but you must have a lawyer to be approved for a lawsuit loan.
Under Florida’s statute of limitations, you have 4 years from the date of your accident to file a lawsuit in the civil court. If you don’t file a case within this time frame, the court will likely dismiss the lawsuit, and you won’t be granted any loan.
Statistics on Motor Vehicle Accidents in Florida
According to the Florida Department of Highway Safety and Motor Vehicles (FLHSMV), the number of car crashes in the state has increased in the past two years. The total number of car accidents in 2021 was 401,170 which was a significant spike from 341,399 crashes in 2020.
Considering over 1,000 accidents occur in Florida every day, the Sunshine State is among the most dangerous states for drivers in the nation. Fatal car accidents have been also on the rise. About 3,763 people died in these accidents in 2021 alone.
Average Time It Takes to Get Settlement Funding in Tallahassee, FL
Since you don’t need to furnish your credit history or personal collateral for obtaining a settlement cash advance, the process is extremely quick. From the time you fill out the application, it usually takes about 2-3 days for you to get the money (if your application is approved). In relation to this, certain factors can fast-track or delay the process.
Factors Expediting the Loan Process
- Providing necessary documentation regarding your accident, including police reports and medical reports
- Informing your attorney about your plans to apply for the loan; a good attorney will walk you through the process of a loan application evaluation, so everything goes smoothly
Factors Delaying the Loan Process
- Not discussing the claim details with your attorney
- Not providing all the required documentation to your attorney in time
Dangerous Roads and Intersections in Tallahassee, FL
Based on exhaustive research of fatal accidents in Tallahassee, which have occurred over the last few years, here are some of the most dangerous intersections in the city for auto accidents:
- Orange Avenue and Springhill Road
- Monroe Street and Orange Avenue
- Capital Circle and W. Tennessee Street
- Ocala Road and W. Tennessee Street
- Capital Circle and Apalachee Parkway
- Apalachee Parkway and Magnolia Drive
- White Drive and Pensacola Street
- Calhoun Street and Apalachee Parkway
- White Drive and W. Tennessee Street
- Monroe Street and Tennessee Street
Common Causes of Vehicle Accidents in Tallahassee, FL
Accidents on the road may be caused by a variety of factors, many of which can be linked to the negligent or even intentional acts of a defendant. If you can prove that the defendant’s actions resulted in your injuries and/or vehicle damage, you may be entitled to recover substantial damages as compensation. Here are the most common culprits of motor accidents in Tallahassee:
- Poor weather conditions
- Reckless driving and excessive speeding
- Driving under the influence of drugs or alcohol
- Drowsy/fatigued driving
- Distracted driving (e.g., driving while texting/talking to someone on the phone)
- Vehicle rollovers
- Road hazards (like potholes, poor signage, a fallen tree, etc.)
Types of Injuries from Car Accidents in Tallahassee, FL
Whether a crash is caused by a failure to yield the right of way or a head-on collision, victims rarely leave the scene unscathed. The most common injuries resulting from car collisions in Tallahassee are:
- Broken bones and fractures
- Cuts and lacerations (from sheet metal, glass, and loose objects in the vehicle)
- Internal bleeding
- Soft tissue damage (i.e., when ligaments, tendons, or muscles are torn or stretched)
- Knee injuries
- Foot and ankle injuries
- Neck or back injuries (like whiplash and strain in the back)
- Spinal cord injuries (like a herniated disc)
- Shoulder injuries
- Crush injuries
- Traumatic brain injuries
- Burns (from chemicals, steam, a hot surface, or motor fluids)
- Limb loss and amputation
- Disfiguring scars and facial injuries
- Post-traumatic stress disorder
Leading Hospitals and Medical Centers in Tallahassee, FL
If you or a loved one has been in a car accident, your first step should be to go to a hospital or an emergency room near you. Even if no injuries are apparent, this is highly recommended because sometimes being in a crashed vehicle can lead to internal bleeding.
A lot of car accident injuries, like concussions and soft tissue damage, don’t show up immediately but manifest a few days later. If you live in Tallahassee, you’ll find quality care at the following hospitals:
- Tallahassee Memorial Bixler Trauma and Emergency Center
- Tallahassee Memorial Hospital
- HCA Florida Capital Hospital
- Select Specialty Hospital – Tallahassee
- Capital Regional Medical Center-Southwood Campus
- Veterans Hospital
Access the Benefits of Low-Interest Pre-Settlement Loans in Tallahassee, FL
After having been through a harrowing accident, your focus should be on healing and recovering in the best possible way. Thanks to competitive Tallahassee, FL lawsuit loans from Direct Legal Funding, now you can do that.
While your car accident attorney focuses on winning your claim and securing the compensation you deserve, you can continue to live peacefully with our no-risk settlement loans. Fill out this application form to get started. For any queries or concerns, get in touch with us online or call us at 866-941-5588.