Ohio Car Accident Loans
Ohio car accident loans from Prime Case pre-settlement funding.
We work with attorneys and plaintiffs throughout the buckeye state. There are more than 220,000 car accidents in Ohio in 2020. 23,000 of them resulted in an injury. If you were involved in one of the thousands of car accident, truck accident, or motorcycle accidents in Ohio, we can be helpful.
How do I qualify for an Ohio car accident cash advance from Prime Case Pre-Settlement Funding?
Every year, Ohio witnesses thousands of traffic accidents, some leading to severe injuries and even fatalities. While waiting for compensation can be a lengthy process, Prime Case Funding steps in to expedite your financial relief through our Ohio car accident loans. Ensure your eligibility by:
- Having an ongoing lawsuit against the responsible party.
- Engaging an attorney who concurs with your decision to seek financing.
- Possessing a reasonable expectation of winning due to clear liability and documented losses.
Why choose Prime Case for Lawsuit Settlement Funding?
Unlike traditional loans, our pre-settlement funding offers:
- Swift Approval and Funding: Once all required information is received, approval can be granted within hours, ensuring the funds reach your account by the next business day.
- No Credit Checks: Your credit score remains unaffected, as we do not perform hard inquiries.
- No Monthly Payments: Repayments are not made in monthly installments, providing relief to your budget.
- Non-Recourse Benefits: Legal funding is 100% non-recourse, meaning you retain the funds even if your case is unsuccessful.
Adhering to Ohio’s Legal Funding Regulations
Prime Case Funding adheres to Ohio’s stringent legal funding regulations, ensuring transparency and consumer protection. Our contracts include:
- A clear breakdown of the funding amount and associated costs.
- The total amount to be repaid from your settlement, inclusive of fees and interest.
- A five-day contingency period post-signing for contract cancellation without penalties.
- A declaration ensuring your control over the lawsuit, with no decision-making powers granted to the funding company.
What Ohio laws affect the value of my case?
Navigating Through Ohio’s Modified Comparative Fault Law
The amount of legal funding accessible is influenced by Ohio’s modified comparative fault law, which may adjust your compensation based on your degree of liability in the accident. Prime Case Funding ensures that you are well-informed and navigated through these legal nuances, maximizing the funding you can access.
What Ohio laws affect the value of my case?
In Ohio, car accident victims can seek compensation for their losses through a lawsuit. One type of compensation that can be recovered is economic damages. Economic damages cover the financial losses suffered by the injured party, including medical expenses, lost wages, and property damage. These damages can be quantified with the help of bills, receipts, and employment records.
For example, if someone is injured in a car accident and requires medical treatment, the cost of that treatment can be claimed as part of their economic damages. Additionally, if they were unable to work while recovering, they can seek compensation for their lost wages. The state of Ohio requires drivers to carry a minimum amount of car insurance coverage, which is $25,000 for bodily injury per person, $50,000 for all persons injured per accident, and $25,000 for property damage.
Besides economic damages, an Ohio car accident lawsuit may also include claims for documented losses. Documented losses refer to tangible proof of financial losses, such as medical bills, repair estimates, and even receipts for out-of-pocket expenses related to the accident.
It is crucial for the injured party to keep thorough records of their expenses following a car accident, as these will serve as evidence to support their claim. Additionally, it is important to note that Ohio follows a comparative negligence law, which means that if a victim is found partly responsible for the accident, their compensation will be reduced by their percentage of fault. For example, if a victim is 20% at fault in an accident with $100,000 in damages, they can only recover $80,000.
Overall, recovering damages in an Ohio car accident lawsuit depends on several factors, including the severity of the injuries, the degree of fault, and the ability of the injured party to prove their losses. Ensuring proper documentation and understanding the nuances of Ohio law can be crucial in securing fair compensation for an injured individual in a car accident.