Have you been injured in a car accident in Alaska and need a loan to help with expenses until your case settles? Bridgeway Legal Funding is the answer. If you have been injured in an automobile accident, Bridgeway can provide the immediate financial assistance you need while your attorney fights for your maximum compensation.
The legal process is slow, often much longer than anticipated, and injured victims of motor vehicle accidents need money now to pay car payments, mortgage payments, tuition, medical bills and other daily expenses. Pre-settlement funding, or a “lawsuit loan”, is a non-recourse type of funding, meaning that if you do not receive a settlement from your case you will not have to re-pay the money that was borrowed. Legal funding from Bridgeway requires no credit or background checks, the advance is strictly based on the value of your case and will not affect your personal credit in any way.
Alaska is unique when it comes to driving and car insurance. In many of Alaska’s remote areas, insurance is not required where registration is not required. However, if a driver has received a ticket for 6+ points in the last 5 years, they must carry liability insurance. A complete list of exempt areas can be found on the Alaska DMV Website. If you do not live in an exempt area, you must carry the minimum amount of vehicle insurance listed below or face consequences.
The minimum policy amounts for Alaskan drivers are as follows:
• $50,000 bodily injury per person per accident
• $100,000 bodily injury for all persons per accident
• $25,000 property damage liability
Alaska’s legal system allows you to collect a settlement based on damages from property loss and medical costs, but also lost wages (from missing work as a result of the accident and future earnings) and pain and suffering (.i.e. PTSD). These can add to the value of your case, but you will likely only collect up to the policy’s insurance limits. The more your case is worth, the more you can potentially borrow against it to pay expenses.
Bridgeway Legal funding can provide a pre-settlement advance through-out Alaska including:
- Anchorage
- Fairbanks
- Juneau
- Eagle River
- Badger
- Knik-Fairview
- Sitka
- Lakes
- Tanaina
The application process is quick and easy. Apply today either by submitting an application on your website or by phone call to (800) 531-4066. Once you apply, our underwriters will give you a brief interview on how your accident happened, request the appropriate documents from your attorney’s office and then let your know how much of a case advance we can offer you. In most cases, Bridgeway can provide residents of Alaska with a lawsuit cash advance within 24-48 hours from the time you apply.
Pre–Settlement Funding in Alaska
Lawsuit Loan in Alaska
Legal Finance in Alaska
Car Accident Funding in Alaska
Settlement Funding in Alaska
Legal Funding in Alaska
Lawsuit Case Advance in Alaska
Bridgeway can provide immediate case funding in the following counties: Aleutians East Borough, Aleutian West, Anchorage Borough, Bethel, Bristol Bay Borough, Denali Borough, Dillingham, Fairbanks North Star Borough, Haines Borough, Juneau Borough, Kenai Peninsula Borough, Ketchikan Gateway Borough, Kodiak Island Borough, Lake and Peninsula Borough, Matanuska-Susitna Borough, Nome, North Slope Borough, Northwest Artic Borough, Prince of Wales-Outer Ketchikan, Sitka Borough, Skagway-Hoonah-Angoon, Southeast Fairbanks, Valdez-Cordova, Wade Hampton, Wrangell-Petersburg, Yakutat City and Borough, Yukon-Koyukuk.