Can I get a Cash Advance on my Motorcycle Accident Case from my Lawyer?

Were you or your loved one involved in a motorcycle accident that was caused by another party’s negligence? In that case, you may be entitled to monetary damages, which will help you recover the losses you’ve suffered through on fault of your own. However, the claims process can be quite complicated, so it’s in your best interest to speak with an attorney regarding your rights and legal options.

One concern that many victims have is how they will manage financially while they’re waiting for a settlement. This is understandable, as the case resolution process can take anywhere from a few months to two or more years. Depending on how long it takes to settle your case, the burden on your finances can be overwhelming when you’re struggling to recover from an accident.

No matter where you are in the legal process, it may have occurred to you to ask your lawyer for a loan against the value of your motorcycle accident case. Our law firm offers cash advances for motorcycle accident victims who need financial assistance while they’re waiting to recoup their losses. If you’re interested in learning more about the pre-settlement loan program at our law firm, don’t hesitate to give us a call.

Can I get a Loan from my Lawyer that is Representing me on my Motorcycle Accident Case?

Yes, in California, lawyers are allowed to issue loans to their clients who are short of money after an unexpected accident. Many claimants are concerned about the legality of loans between lawyers and their clients, which is understandable when you’re in the middle of a lawsuit. However, this practice is allowed under the State Bar of California’s Rules of Professional Conduct, Rule 1.8.5(a), as long as:

• The money is to be used for “reasonable” expenses, like rent, food, utilities, and insurance deductibles (if there is extensive damage to the vehicle).
• There must be a written contract that clearly explains the terms of the loan, which is signed by both the client and attorney.
• The lawyer must take all reasonable measures to ensure that the client understands the terms of the loan, which may include providing a translator. We have lawyers that speak Spanish, Arabic, Mandarin / Cantonese, and many other languages, who are available to assist you.
• If the client has an attorney already, the promise of a loan cannot be used to pressure them into changing lawyers.

We can go over these guidelines with you in detail and help you decide if a cash advance on your case is right for you. Contact our office to speak with an experienced motorcycle accident lawyer.
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Can I Borrow from a Lawsuit Funding Company? 

This is a possibility if you’re in need of fast cash during the litigation process. We can see the appeal of these loans for an injury victim. The application process is relatively quick and easy, and there’s nothing to pay back until you win your case. But these loans typically accrue interest on a monthly basis, which can add up to a staggering sum depending on how long it takes to recover your settlement. In fact, most clients whose cases take over a year to resolve end up paying double or triple the original loan amount when all is said and done.

To ensure that you’re making an informed choice, please take some time to speak with us about a cash advance on your motorcycle accident case. That way, you understand exactly what you’re signing up for and will not have any unpleasant surprises after you receive your settlement.

OUR LAW FIRM PROVIDES IMMEDIATE CASH ADVANCES WITHIN 24 HOURS

Yes, you read that correctly – our law firm provides cash advances to qualifying accident victims within 24 hours. This may come as a surprise to you if you’ve been told by other law firms that attorneys cannot issue loans to their clients. As we’ve mentioned before, loans for reasonable living expenses are allowed between claimants and their legal representatives in California. However, it’s up to each law firm to decide whether or not to offer cash advances based on a pending settlement.

Many law firms feel that offering a client anything beyond legal services is a conflict of interest. However, we believe in doing everything we can to assist those who have been harmed by someone else’s negligence or misconduct. We know what a huge difference it can make to alleviate a client’s financial worries in the weeks and months after a motorcycle accident. That’s why we are more than happy to provide you with immediate funds, while fighting for the compensation you deserve.

Can I Switch to another Lawyer if my Attorney Refuses to give me a Loan?

If your lawyer refuses to give you a cash advance on your case, you certainly have the option to find new representation. However, there are various consequences to changing attorneys, which you should be aware of before you take the plunge. In short, it’s a big decision that should not be made without careful though and consideration. We can help you with this dilemma during a free second opinion at our office. This is a private meeting with one of our attorneys, who will take the time to address all your questions and concerns. Based on their assessment, you may choose to continue your lawsuit with us, but this is a decision that you will need to make for yourself. Our job is to educate you on your legal options, which we are happy to do at no cost to you. We are here for you 24/7, so please call us anytime to schedule a free second opinion.

Average Value of a Motorcycle Accident Lawsuit

As you’ve probably figured out, the amount that you can borrow against your motorcycle injury case depends on the approximate value of your settlement award. Hence, it’s natural to wonder what the average motorcycle accident lawsuit is worth. However, there are wide variations in case values for these accidents. On the lower end, settlements for a motorcycle injury case may be around $50,000 to $80,000, while moderate injury cases fall within the range of $100,000 to $450,000. For severe injuries with lifelong complications, settlements can go all the way up to $1 million and above.

The financial and emotional losses that you’ve suffered will determine the compensation you are entitled to, which can be challenging to figure out on your own. Please reach out to us if you are interested in figuring out the value of your motorcycle accident claim.

How much Time do I have to File my Lawsuit?

As with all personal injury cases, there is a limited amount of time to seek damages from the at fault party if you were injured in a motorcycle accident. In California, that time period is two years from the date of your accident. In cases where an injury does not manifest right away, your statute of limitations begins on the date of discovering the injury, which can buy you some extra time. There are a few other circumstances where an extension beyond the normal statute of limitations is allowed. However, it’s very difficult to make a case for additional time beyond the two-year window, so filing an accident claim right away is the best way to protect your legal rights.

Contact Normandie Law Firm

Legal representation can make the difference between a fair settlement award and suffering from financial hardship due to an accident that was caused by someone else. That’s why we urge you to give us a call and learn about the legal actions that we can take on your behalf. In the meantime, we know that the bills are piling up, and the stress and anxiety isn’t helpful when you’re trying to heal from your injuries.

With that in mind, our law firm offers fast and easy cash advances to the motorcycle accident victims we represent. Furthermore, we never charge upfront for any of our services, meaning you can hire a lawyer right now without spending a penny. With our Zero fee guarantee, all our expenses are covered by the party you are suing. That only happens if we recover your settlement, so if we lose your case, you won’t be charged for any legal fees.

To speak with a Los Angeles motorcycle accident lawyer, contact our office to schedule a free case review.

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