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Car Accident Lawsuit Loan in Gainesville, FL

Car accidents are a leading cause of personal injury in Gainesville, FL. If you have suffered due to such an accident, waiting for the litigation to complete, and receiving the settlement amount can be a time-consuming and painstaking process. A lawsuit loan in Gainesville, FL can help you manage your existing expenses while you wait for the settlement money.

The steps to obtaining an auto accident lawsuit loan in Gainesville, FL

Getting a pre-settlement loan in Gainesville, FL is a fairly straightforward process. A lawsuit loan is not a financial loan in the conventional sense. It is a non-recourse loan. What this means is that if a settlement is not received later on, the borrower does not have to repay the loan to the lender. Gainesville legal funding companies may not require collateral and may not even perform a credit check. 

Applying for a lawsuit cash advance usually involves the following simple steps:

  • Inform your attorney about your plan to obtain a settlement loan, share all the details with them, and enlist their support
  • Visit the website of the legal funding company and complete their online loan application or talk to them on the phone for assistance
  • The lawsuit funding company will review your application and documents to approve the loan
  • Once the loan is approved, a DocuSign agreement will have to be signed by you and your attorney
  • The loan provider will then transfer the money directly to your bank account or send it by overnight check

State laws regarding lawsuit loans in Florida

Florida has a bill pending that seeks to impose certain regulations on loans on pending lawsuit settlements within the state. This bill would enable the Florida Department of State to ensure more extensive regulation of the industry. Case laws in the state have upheld agreements on lawsuit loans where there was no direction or interference from the lender about the litigation.

The Florida Bar allows lawyers to honor the allocation of proceeds for the client from the case to the lawsuit loan organization. In addition, it does not allow lawyers to provide a letter of protection to the organization. Many lawsuit loan organizations offer services to Floridians, and several of them use alternate acknowledgment letters that are compliant with the Florida Bar’s stance on lawsuit loans.

Causes of motor vehicle accidents in Gainesville, FL

Motor vehicle accidents are common in Gainesville, FL. Some of the leading causes of such accidents are as below:

  • Texting while driving
  • Speeding
  • Not obeying traffic control signals or stop signs
  • Driving while under the influence of drugs, or while drunk
  • Inclement weather
  • Falling asleep while driving
  • Animals crossing the road

Statistics on auto accidents and injuries in Gainesville

Data for 2019 about auto accidents in Gainesville, FL shows a total of 19 fatal accidents that took place in the city during the year. The number of vehicles involved in fatal car crashes was 27, and the total number of people involved was 33. Pedestrians were found to be at high risk and 7 pedestrians lost their lives in these accidents. Three fatal accidents in Gainesville, FL during the year occurred because of drunk drivers.

Previous cases of motor vehicle accidents in Florida

In a recent motor vehicle accident case, the driver rear-ended the vehicle carelessly, which caused severe injuries to the victims standing nearby. The plaintiffs received a settlement of $1,100,000.

In another case, a 79-year-old widow suffered severe fractures and injuries after she was struck by a car at an intersection, while she was crossing the road. She received a settlement of $1,045,000.

The average time it takes to get a lawsuit loan in Gainesville, FL

As long as you are working with a reputable settlement loan provider, borrowing money from your lawsuit is fairly easy. The process usually takes anywhere from 24 to 48 hours. In relation to this, some factors may delay or expedite the process of loan approval.

Factors that delay getting the lawsuit loan

  • Not providing complete documentation related to the case, especially information that provides evidence of the defendant’s fault
  • Lack of timely consultation with the attorney or not involving them in the process as required by the lawsuit loan company

Factors that expedite getting the lawsuit loan

  • Keeping your attorney informed about your loan application so that they can address the requirements of the legal funding company for your low-interest pre-settlement loan
  • Providing all documents such as incident reports, medical reports related to injuries, and police reports

Dangerous roads and intersections in Gainesville, FL

Motor vehicle accidents commonly occur at intersections in Gainesville, FL. Some of the intersections and roads in Gainesville, FL where the likelihood of auto crashes is higher include:

  • Northwest 34th Street and Northwest 39th Avenue
  • Southwest 20th Avenue and Southwest 62nd Boulevard
  • West University Avenue and Northwest 22nd Street
  • Southwest 13th Street and Southwest Williston Road
  • Southwest 16th Avenue and South 13th Street

Hospitals and medical centers in Gainesville, FL

If you have suffered an injury due to a motor vehicle accident, it is crucial to receive medical attention at the first opportunity. Major hospitals and medical centers in Gainesville, FL include:

  • North Florida Regional Medical Center
  • Select Specialty Hospital
  • UF Heart Vascular and Heart Neuromedicine
  • UF Health Shands Hospital
  • Shands Hospital

The cost of healthcare in Florida

For any major medical insurance plan, Floridians can expect to pay a minimum of $467 per person per month. With that said, prices vary depending on age, tobacco usage, location, category of the insurance plan, and if the plan covers dependents.

Get money before settlement at competitive rates from Direct Legal Funding

Motor vehicle accidents are a major cause of injuries and fatalities in Gainesville, FL. If you or a family member has suffered such an injury, it can be extremely debilitating. The litigation process can take months and sometimes years until you receive the rightful settlement amount.

Many prosecutors will try to hurry the process, in the hopes that you may settle for a lower amount. With that said, the longer you stay resilient, the higher the chances of receiving a fair settlement.

With that said, while you wait for the settlement money to arrive, your existing medical bills and household expenses can quickly escalate. In times such as this, a lawsuit loan can be of great assistance, providing timely financial aid when you most need it. At Direct Legal Funding, we provide lawsuit loans with no credit checks and low-interest rates. You can get started on the application process today by completing our online form or calling us at 866-941-5588. 

Car Accident Lawsuit Loans in The Bronx, NY

Car accidents are a leading cause of injuries and fatalities in the Bronx, NY. If you or a loved one has suffered personal injury as a result of a motor vehicle accident, it can be a time-consuming process to receive the settlement from the litigation. In this situation, you can apply for a lawsuit loan for your car accident case, which will help you with medical and household expenses till you receive the settlement amount.

Steps to get money before settlement in the Bronx, NY

Lawsuit loans in the Bronx can be easily obtained when you reach out to a dedicated lawsuit funding company. A simple 3-step process to apply for an advance on lawsuit settlement is as follows:

  • Apply for the pre-settlement loan with no credit checks
  • Discuss your motor vehicle accident claim with your lawyer
  • Receive lawsuit cash advance directly in your account upon approval

Your pre-settlement funding company will send a DocuSign contract to you and your lawyer. Once you sign and execute the contract, the lawsuit loan provider can wire transfer the funds to your bank account directly. They may also send you an overnight check or even pay via Western Union, depending on your preference.

State law regarding lawsuit loans in the Bronx, NY

According to the New York State Bar Association, attorneys are not allowed to provide legal funding directly to the plaintiff. However, they can assist their clients to obtain a lawsuit cash advance from third parties.

Previous motor vehicle accident cases in the Bronx, NY

In a prominent motor vehicle accident case, the individual was traveling in a bus, where the driver had to apply the brakes all of a sudden. As a result, the person fell to the floor and suffered a herniated disc on the neck that required surgery. Although the bus company tried to make it appear as if the person was drunk at the time, the jury finally awarded the plaintiff a settlement of $1,525,000.

In another case, a 74-year-old woman was crossing the street at Fordham road in the Bronx, NY when a car struck her. The car operator testified that the plaintiff had the right of way as she was not on the crosswalk, and as a result of jaywalking. The woman suffered a fractured fibula and humerus, which required surgery. The jury awarded the woman a $700,000 verdict.

Statistics on motor vehicle accident cases in New York City

On average, 292 fatalities related to motor vehicle accidents occur in New York City each year. There are 6,207 hospitalizations in NYC owing to motor vehicle accidents every year, and emergency department visits are 106,612 every year in NYC.  

Average time to get a lawsuit loan in the Bronx, NY

The average time to get money before settlement (legal funding) in the Bronx, New York is between 24 and 48 hours. In some cases, the approval process can take more or less time depending on certain factors.

Factors delaying getting the lawsuit loan

  • If the case is more complex the lawsuit loan approval process may take more time. Motor vehicle accident lawsuit loans generally get processed quickly. With that said, if there is an additional factor, such as product liability, it can complicate the process.
  • Not providing information to the attorney as quickly as possible can also delay the loan approval process.

Factors expediting loan approval

  • Providing clear evidence of the defendant being responsible or at fault for the plaintiff’s injuries.
  • These can include police reports, medical reports, and incident reports.

Dangerous roads and intersections in the Bronx, NY

If you live in the Bronx, NY, there are certain intersections and areas that are known to have the highest cases of motor vehicle accidents. It’s vital to be cautious and aware of these intersections so that you can avoid accidents of any magnitude. Some of the most dangerous intersections in the Bronx, NY include:

  • Bronx River Parkway and East 177th Street
  • Cross Bronx Expressway and Jerome Avenue
  • Jerome Avenue and Clifford Place
  • University Avenue

Major causes of motor vehicle accidents in NY

There are a few major causes that contribute to the rising cases of motor vehicle accidents in New York. These include driver inattention or distracted driving, excessive speeding, following another vehicle too closely, driving while impaired or intoxicated, inability to yield to pedestrians, failure to stop at signals and red lights, and improper passing or lane changes. In certain instances, if a driver backs up unsafely, that can also cause an accident.

Hospitals and medical centers in the Bronx, NY

If you or a loved one has suffered a motor vehicle accident in the Bronx, NY, either as the driver or the passenger, it’s crucial to receive timely medical help. You can receive treatment at some of the major hospitals in the Bronx, NY such as:

  • Bronx-Lebanon Hospital Center
  • Calvary Hospital
  • Albert Einstein Jack D Weiler Hospital
  • Eathar Saad
  • St. Helena Hospitals

The cost of healthcare in New York

The average cost for health insurance in New York is $700 a month. On a yearly basis, this translates to around $8,000 for an individual. The state insurance marketplace provides affordable health insurance in New York.

Based on this, if your income is below the federal poverty level, you can apply for Medicaid. With that said, healthcare costs in New York remain one of the highest compared to other states in the US. In fact, healthcare costs in the state are $1,910 per person above the national average.

Choose competitive lawsuit funding from Direct Legal Funding

New York has one of the highest healthcare costs compared to other states in the US. If you are pursuing litigation towards your motor vehicle accident settlement, it could take several months or even years. During this time, your medical bills, household expenses, and other costs can add up exponentially. Timely financial support can provide much-needed relief in such a situation.

At Direct Legal Funding, we provide loans on pending lawsuit settlements in a hassle-free manner. Our loan application process is swift, and we may be able to deliver the money to you within as little as 24 hours after approval. You can complete our online application form or call us at 866-941-5588 to get started today!