Pedestrian Accident Pre-Settlement Funding

If you’re reading this, chances are you or someone close to you has been struck by a vehicle as a pedestrian. The weight of the aftermath of the accident can sometimes feel like carrying a backpack filled with bricks—each brick representing a question, a regret, or a what-if.

According to a recent study, 64% of patients involved in pedestrian accidents were discharged from the emergency department, while a significant 36% required further surgical intervention. For those enduring both physical and emotional hardships, along with financial difficulties, there’s hope. Pedestrian accident lawsuit settlement funding offers you the financial support you are seeking for urgent medical expenses and daily living costs.

Key Points

• Pedestrian accident lawsuits offer victims a legal pathway to seek financial compensation for their injuries, medical bills, and other related costs.
• Pre-settlement funding, also known as pedestrian accident lawsuit loans, provides quick financial relief to victims where they don’t have to repay unless they win the case.
• To qualify, you generally need a pending pedestrian accident lawsuit with merits, an attorney, and a case worth over $50,000. 
• Understanding the immediate actions to take after the accident can help you strengthen your case and maximize your chances for a favorable settlement.

What is Pedestrian Accident Pre-Settlement Funding?

When you’re caught in the middle of a pedestrian accident lawsuit, you’re not only dealing with physical injuries; you’re also wrestling with mounting medical bills and, often, an inability to work.

Pedestrian accident lawsuit loans can help you if you are in this situation. Think of it as a financial cushion, not a traditional bank loan. Accident loans are actually advances on your future accident settlement, tailored to your specific case. There’s no credit check, no income verification, and the best part? It’s a non-recourse loan, meaning you only pay it back if you win your pedestrian accident lawsuit.

Now, many people ask why anyone would need this. Well, the reality is that lawsuits can drag on for months or even years, and while you’re waiting for a settlement, life’s expenses don’t hit the pause button. Pre-settlement funding helps you cover urgent medical bills, day-to-day living costs, and even services to support your emotional well-being during this time. It also enables you to wait for a fair settlement when negotiations start rather than hastily accepting a lowball offer because you’re financially strapped.

To qualify, you generally need a pending pedestrian accident lawsuit and a personal injury attorney. The amount you can get depends on the merits of your case and the potential value of your future settlement.

Applying is quick; it only takes minutes, and it’s relatively risk-free. The process takes 24 hours, and your attorney’s cooperation is all we need to get started. If this sounds like something that could help you, apply for pedestrian accident legal funding online or call 888-711-3599 for more information.

Pedestrian Accident Lawsuits Explained

Every year, thousands of lives are turned upside down due to pedestrian accidents. The severity of these incidents serves as a brutal reminder of the risks pedestrians face daily. It’s a difficult reality, but lawsuits offer a legal avenue for pedestrian accident victims to seek not only justice but also financial compensation for their suffering.

What is a Pedestrian Accident Lawsuit?

In legal terms, a pedestrian accident lawsuit is a civil action where you, the injured pedestrian, will file a lawsuit for financial compensation from the party at fault. However, if you’re unable to do so, a legal guardian or family member can file on your behalf. The lawsuit is usually against the driver, the city council for not maintaining safe road conditions, or even a business if the accident occurred on private property.

So, what’s the next step if you find yourself in such an unfortunate situation?

1. Report to Authorities. File an official report with the police and provide a detailed account of the incident. This serves as an official record and can be evidence in your case.
2. Immediate Medical Care. Your health comes first. Seek medical attention right away and keep all records. These will serve as evidence of your injuries. Even if you think you’re fine; some injuries manifest symptoms later.
3. Have an Attorney. Engage with a personal injury attorney specialized in pedestrian accident lawsuits to guide you through the legal process and build a strong case. Your lawyer will also file the initial complaint to kickstart the case.
4. Evidence Collection. Gather all necessary evidence, including eyewitness accounts, CCTV footage, and medical records.

Types of Injuries Involved

Speaking of evidence and claims, it’s crucial to understand the types of injuries you might be dealing with in a pedestrian accident lawsuit. After all, the nature and severity of your injuries can significantly impact the outcome of your case, from the amount of compensation you could receive to the legal strategies your attorney might employ.

These are the types of injuries that can result from the accident:

• Fractures and Broken Bones. These are common in pedestrian accidents and can range from minor fractures to severe breaks that require surgery.
• Head Injuries. Traumatic brain injuries are often the most serious and can have long-lasting effects on your quality of life.
• Spinal Cord Injuries. These can result in partial or complete paralysis, affecting not just the victim but their entire family.
• Soft Tissue Injuries. Sprains, strains, and tears in muscles or ligaments can cause significant pain and require extensive physical therapy.

Types of Claims You Can Make

Now, let’s examine the particulars in greater detail. While medical expenses are often the most immediate concern of victims, pedestrian accident lawsuits can include various types of claims:

• Personal Injury. Covers medical bills, rehabilitation costs, and future healthcare needs.
• Wrongful Death. Applicable if the accident results in a fatality.
• Pain and Suffering. For the emotional and psychological impact of the accident.
• Loss of Earnings. Compensation for lost wages and future earning potential.

Take, for example, a case in San Diego that settled for $4.8 million, where a pedestrian, Jaime Leonen died and Jorge Lopez suffered severe spinal injuries and is permanently disabled after they were hit by a car on Health Center Drive in Kearny Mesa.

Understanding State-Specific Pedestrian Laws

Just as each state has its own unique culture and norms, so too do they have distinct pedestrian laws that can significantly influence your injury lawsuit. These laws govern critical elements such as who has the right-of-way at crosswalks and the penalties for jaywalking. Being well-informed about your specific state’s pedestrian laws is more than a legal formality; it’s a strategic advantage that can help you anticipate potential setbacks in your case.

At Baker Street Legal Funding, we can’t stress enough the importance of consulting with your attorney to fully understand these laws, as lawyers can be a decisive factor in the amount of compensation you may ultimately receive.

With all of these said, be prepared for some obstacles, like proving your case and dealing with insurance companies that may delay settlements to avoid paying out as much money as possible. At Baker Street Funding, we understand that these delays can put you in a financial bind, which makes an already stressful situation even harder to handle. That’s why we offer lawsuit funding to help bridge the gap between the time your accident case is filed and when it’s settled.

The Devastating Impact of Pedestrian Accidents: Why Lawsuit Loans Matter

The emotional weight you and your family carry after a pedestrian accident isn’t only heavy; it’s suffocating. To give you a sense of scale, approximately 75,000 people were injured in traffic crashes in the United States in 2018 alone—a reality that’s difficult to comprehend. This is more than a legal issue; it’s a fight against emotional scars, financial hardship, and physical injuries that no lawsuit can completely mend.

While pedestrian accident settlements can offer some financial relief, they can’t fully mend the burdens and wounds inflicted. Yet, there’s a financial option that understands the urgency and magnitude of your problem—pre-settlement funding from Baker Street Funding. More than a transaction, our non-recourse funding is an acknowledgment that while money can’t fix everything, it can ease one form of stress you’re facing. No monthly payments, no credit checks, no employment verification. Only pay us if you win.

Take control of your financial situation by applying for an auto accident loan today. 

FAQ

What are the eligibility criteria for applying for a pedestrian accident lawsuit loan?

1. Injury or Damages. You must have incurred injuries attributable to the negligence of a third party.
2. Evidence. The case must be substantiated by compelling evidence that unequivocally implicates the defendant in the injuries sustained.
3. Case Value. The monetary value of your case must exceed a threshold of $50,000 to be eligible for funding.
4. Defendant’s Insurance. The defendant being sued must possess adequate insurance coverage.
5. Lawyer. You must be represented by an attorney working on a contingency-fee basis, who’s flexible enough to collaborate with Baker Street Funding for the legal funding process to take place.

How quickly can I receive funding after my application is approved?

With the approval of the legal funding application, Baker Street Funding disburses funds within a 24-hour timeframe.

What happens if I lose my case? Do I still have to repay the loan?

Baker Street Funding provides non-recourse legal funding for all cases. In the event of an unsuccessful lawsuit, the applicant is not required to repay the loan.