Ice slip and fall accidents often happen on sidewalks, parking lots, and other walkways where ice forms and isn’t quickly cleared away. Common injuries include fractures or concussions, and sometimes even fatalities.
If you were hurt in a slip-and-fall accident on snow and ice, and are suing the party responsible, you might be experiencing financial strain while you wait for your settlement. Pre-settlement legal funding, also known as lawsuit loans, offers financial assistance to individuals involved in personal injury claims related to slips and falls on snow or ice.
Ready to take control of your financial situation while you fight for justice in your ice-related slip and fall lawsuit? Secure the financial peace you deserve with Baker Street Funding and focus on what truly matters—your recovery and obtaining a fair settlement. Contact us at (888) 711-3599 to get started.
Understanding Slip and Fall on Snow or Ice Accident Lawsuits
If you sustain an injury from slipping on ice that was caused by the defendant’s failure to maintain the premises (including parking lots and sidewalks), liability (who is at fault for the accident) largely depends on whether the responsible party took the necessary precautions to prevent the incident.
Some of these precautions include putting down salt or sand on icy walkways, shoveling snow and ice in a timely way, fixing any water drainage issues that create ice, or putting up signs in slippery areas. Liable parties might consist of property owners, business owners, property management companies, local governments, and contractors.
Ice and snow falls can cause serious injuries like broken wrists, arms, and hips as well as tailbone or spine damage. These injuries often require extensive medical treatment and long recoveries. In the worst cases, people may suffer severe traumatic brain injuries (TBI) from hitting the ice. This has the potential to result in a fatal outcome.
When Your Case Becomes a Burden
Snow and ice-related slip and fall lawsuits often involve detailed investigations as they require proof that the responsible individual failed to manage the ice accumulation. This, coupled with insurance companies claiming you were at fault to reduce their settlement payout, prolongs the wait for compensation. Unfortunately, this “wait” might take months or years.
During this time, you might be juggling rising medical bills, lost wages from not being able to work, and ongoing rehabilitation costs. Seeking personal injury loans can give you some temporary relief.
What is Pre-Settlement Funding for Snow or Ice-Related Slip and Fall Accidents?
Pre-settlement funding for snow and ice-related slip and fall lawsuits is a financial tool designed for individuals who are facing the aftermath of an unfortunate incident on icy surfaces and are involved in a lawsuit. More over, this type of funding is a non-recourse cash advance, which means if you don’t win your snow or ice slip and fall case, you aren’t required to repay the funding.
To qualify for pre-settlement funding, you need to have a valid personal injury lawsuit underway and strong evidence backing your claim. Plus, it’s important to have an attorney on your side who can share the necessary details with the funding company. Your likelihood of winning the case is also evaluated to determine the amount of funding you can receive.
If you’re interested in applying for cash, have your attorney reach out to Baker Street Funding at (888) 711-3599. We make lawsuit loan decisions quickly—often within 24 to 48 hours—so you won’t have to wait long to find out if you qualify for an advance.
Once you get approved, funding is typically made available on the same day. This quick turnaround allows you to manage your financial obligations and continue your negligence lawsuit with the confidence that you don’t need to settle for less than you deserve.
Key Factors for Snow/Ice Slip and Fall Lawsuit Loan Approval
Having a strong ice slip and fall lawsuit involves your attorney providing solid evidence of fault. Here’s what we look at:
- Documentation: Photos/video of the icy area and any available witness statements. We might look at weather reports to confirm that hazardous conditions were present at the time of your accident.
- Coverage Details: The specifics of the insurance policy, such as exclusions or conditions under which ice-related incidents are covered for certain types of incident. They might also have requirements for maintenance records, which could affect your potential payout, and legal funding amounts. For instance, some policies might exclude accidents that occur under “acts of God” or natural weather events like snow storms, unless there is clear proof of negligence.
- Medical Expenses and Injuries: Injuries from ice falls can often be more severe, ranging from broken bones to serious head injuries that may require extensive, costly treatments. Underwriting will require all medical files to assess the value of your case and extent of your injuries. The greater the number of injuries, the larger the loan.
- Comparative Fault: Your own actions in the frozen slippery floor accident, like ignoring visible ice warning signs, could affect how much funding you could receive.
- Insurance Limits: Commercial properties often have higher liability insurance limits than private residences, meaning they can cover more substantial claims. Consequently, slip and fall accidents on commercial properties may result in larger settlements and more substantial funding opportunities.
Ready to Apply for a Lawsuit Loan?
Don’t let financial stress distract you from your recovery and legal battle. With some of the most competitive rates in the industry, Baker Street Funding makes sure you get the most out of your lawsuit settlement. Call (888) 711-3599 to apply for a lawsuit loan with a team that puts your needs first, and receive your funds within the same day of approval.