A beneficial pre-payment progress are an advance loan up against your pending car wreck case otherwise lawsuit

A beneficial pre-payment progress are an advance loan up against your pending car wreck case otherwise lawsuit

While necessity of an advance easily Bridgeway is set up to bring members with money in only twenty-four-2 days

Automobile accidents can lead to actual financial filters to possess explanations such having to skip really works, unexpected scientific expenses, automobile solutions or other financial obligations. Pre-settlement improves are formulated as the a financial capital to help you remain on your feet until you are generally able to find back once again to works or your own lawsuit are resolved.

When you are a pre-payment advance is often called a lawsuit loan, it is not actually financing however, a non-recourse progress. If you take a progress along with your situation try unsuccessful having any reason you will not owe some thing back.

T here are currently over 3.5 million cars on the road in Georgia which unfortunately results in over 385,one hundred thousand automobile accidents per year. If someone else caused that accident or you were a passenger, you could be legally entitled to a fair compensation. The bad news is that lawsuits takes time, typically one to three years before getting resolved. Many plaintiffs use pre-settlement funding to help avoid having to accept an offer well below what their case is worth. Pre-settlement advances can help level the playing field against large insurance companies with virtually unlimited resources.

Bridgeway has a simple three step funding process First, we have a brief conversation with you (the plaintiff); next we review your case to determine what we think it will be worth. After review, assuming the numbers make sense, we would make you an offer for an advance of up to 10-20% of what we believe the value of your case is. To learn more about how pre-settlement funding with Bridgeway works or to apply click.

Bridgeway’s competitive advantage is speed. The fastest way to get the process started is to call us from the (800) 531-4066 or fill out the small survey.

Perhaps one of the most common inquiries we have is when far regarding an upfront in the morning We eligible for? The answer is generally to 10-20% of property value their circumstances. The greater amount of difficult real question is how do we dictate a projected property value possible? Whenever evaluating private instances, i run three head items:

  • Liability – who is at fault. Sometime that is straight forward, for example a rear-end accident. Other types, such as a side swipe, can be be less clear and there might be some comparative fault for each driver.
  • Injuries – damages are typically made up of two main parts, injuries & wage loss. Evaluating your injury involves the injuries suffered from the accident, the medical treatment was needed, the medical expenses, how long did you have to treat and what is an estimate of future medical expenses. Next, evaluating your wage loss claim starts with much work did you miss multiplied by what wage you earned. Other parts of wage loss claims can include, can you go back to work at all, are you still able to do the same type of work and did you lose your job because of the accident.
  • Insurance rates – you can typically only sue for up to the insurance coverage that is available in the accident. In Georgia each vehicle on the road is legally obligated to carry car insurance.

– For individuals minimal court limitation having a traveler vehicles is $twenty-five,000/$fifty,one hundred thousand. Which means you is sue for approximately $25,one hundred thousand for every people otherwise a maximum of $fifty,100000 for every single installment loan in Clarksdale MS accident. The most significant restrict to have a traveler vehicle is generally $500,one hundred thousand.

If you are harmed in a vehicle accident regarding state out-of Georgia and want bucks today, good pre-payment improve, or an effective “suit loan”, might be good for you

– To own commercial vehicle the limitations is notably higher however, vary established toward sorts of vehicles. Eg, having automobiles holding luggage minimal policy maximum is $750,one hundred thousand.

On top of specific vehicle limits there are situations where both individuals and especially corporations carry umbrella policies. For more information regarding how much you can borrow, click here.

In an effort to make sure you are fairly compensated, be sure to hire a qualified attorney that specializes in motor vehicle accidents. Keep good records of the accident and of your injury. Also, Get a copy of cops declaration retain names and numbers of witnesses, keep detailed notes and records of all medical treatments. Make sure your law firm files a lawsuit within the legally allowed time known at the statute of limitations. In Georgia the statute of limitations is two years from the date of the accident.