According to the Centers for Disease Control and Prevention (CDC), nearly 1,000 bicyclists die, and over 130,000 are injured, in crashes on roads in the United States every year.
The costs of bicycle injuries and deaths from crashes typically exceed $23 billion in the United States annually.
This includes health care, lost work productivity, and estimated costs for lost quality of life and lives lost.
When a bicycle accident upends your life, there is recourse. While your lawsuit is pending, don’t burden yourself with worries about how to pay your bills.
Our lawsuit loans will help bridge the gap between your accident and bicycle accident settlement.
Who Qualifies for Bicycle Accident Lawsuit Loans?
Legal funding for bicycle accidents (other names for legal funding include pre-settlement funding and bicycle accident cash advances) is available to plaintiffs in lawsuits.
Legal funding offers several benefits, including the ability to cover daily expenses, such as:
- Rent or mortgage payments,
- Tuition and student loans,
- Childcare expenses,
- Automotive costs,
- Utility bills, and
Many things that are a factor in determining your eligibility for a traditional loan are not applicable in applying with Ally Lawsuit Loans.
Some of the things that will not affect your eligibility for a motorcycle accident settlement loan include the following:
- Your credit score,
- Your employment history,
- Your rental history,
- Any criminal or driving record, and
- Your income level.
The most important requirement before receiving legal funding is retaining a lawyer for your accident claims. Without an active accident claim, there is nothing to secure the loan.
We will discuss the strength of your case with your attorney to help us determine how much to loan you.
Ensuring we know that your case is likely to end successfully helps us provide you with appropriate funding.
We want to ensure that anyone can afford to take advantage of our loans because everyone should be able to fight their case to the end.
What Types of Bicycle Accidents Qualify for Legal Funding?
Bicycle accidents are common in the United States, where drivers are not used to sharing the road with cyclists.
Most bicyclist deaths occur in urban areas, and about 64% of bicyclist deaths occur on sections of roads where higher speeds might come into play.
Effective interventions help minimize injuries and fatalities among bicyclists, but not all accidents are preventable.
If you were in a bicycle accident, you might have suffered the following injuries:
- Traumatic brain damage (TBI),
- Road rash,
- Spinal cord damage,
- Severe lacerations and abrasions,
- Fractures or broken bones,
- Blunt trauma, and
- Wrongful death of a family member.
The longer your rehabilitation takes, the larger the settlement. But that also means it will likely take longer to get a recovery from an insurance claim or lawsuit.
During that recovery time, don’t suffer from financial stress while you cannot return to work; let one of our loan specialists assist you in the legal funding approval process.
How Long Does the Application Process Take?
The application process is straightforward and quick. In most cases, we can approve your application within 24 hours.
The application is free, and no background check or credit check is required.
Understanding your accident circumstances and whether your case is a good fit for a lawsuit loan is a key part of the application process.
We will need to speak with your bicycle accident attorney, who will explain the details of your lawsuit.
We make our decision on your loan application with the information we gathered.
You will have your cash advance within 24 hours if we approve your application. We can transfer the money to your bank, mail a check, or even Western Union.
Get the Cash You Need Fast
Our approach is to provide—for both attorney and client—exceptional service. Apply today and get paid tomorrow.
Ally Lawsuit Loans guarantees the lowest interest rates in the industry. And unlike a traditional loan, you pay nothing if you lose your case.