Alaska Pedestrian Accident Loans
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- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
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What Are Pedestrian Accident Loans in Alaska
If you’ve been injured as a pedestrian in Alaska, chances are you’re dealing with many hardships. There’s the physical pain and emotional trauma of the accident itself, the medical bills that keep stacking up, and possibly even lost earnings if you cannot work. A solution that can bring relief in these hard times is a pedestrian accident loan.
But what exactly is a pedestrian accident loan? It’s a type of funding that LawsuitLoans.io provides to plaintiffs who have been injured in car accidents while they were pedestrians. It’s not really a loan but a non-recourse advance on a future car accident settlement. How does it work?
It’s pretty straightforward: A plaintiff applies for funding with LawsuitLoans.io. If your application gets approved, the company advances you a part of your anticipated settlement. This money helps cover any financial burdens resulting from the accident while your legal case works its way through the courts.
The term non-recourse is important here. If you win your case, you repay LawsuitLoans.io out of your settlement amount. But if you lose your legal case, no money is owed back. That’s right: It’s risk-free financing for plaintiffs awaiting their legal case resolution.
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
Key Information About Car Accident Loans in Alaska
If you’ve been injured in a car accident in Alaska and are pursuing a lawsuit, LawsuitLoans.io can support you with a pre-settlement loan during your case. See the table below for key information on car accident loans in Alaska:
|Average car accident loan amount by LawsuitLoans.io in Alaska||$5,600.00|
|Largest car accident loan by LawsuitLoans.io in Alaska||$5,700.00|
|Average interest rate in Alaska||23.8%|
|Median personal injury verdict in Alaska||$270,000.00|
|Alaska statute of limitations||2 Years; Alaska Statutes Section 09.10.070|
|Alaska fault laws||Alaska is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages.|
Get up to $500,000 with rates as low as 2.5% simple, monthly
Am I Eligible for a Pedestrian Accident Loan in Alaska?
When it comes to car accident lawsuit loans, most plaintiffs may be curious about the eligibility criteria. Not to worry, the requirements are straightforward and easy to understand. Here’s what you need to know:
Primary eligibility revolves around three main factors:
- Having a valid legal claim: This means that you’ve suffered injuries from an accident due to someone else’s negligence—be it an insurance company or a self-insured company—and you’re looking to pursue a legal course of action against them. Essentially, your claim needs to have a solid basis.
- Having legal representation: You need to have an attorney hired on a contingency basis. This implies that your attorney agrees to get paid only if you win your lawsuit. The intent behind this requirement is to determine if your case stands a chance in court, as an attorney agreeing to such terms usually indicates their belief in the potential success of the case.
- Age Requirement: You must be at least 18 years old. This requirement exists due to legal age restrictions involving the ability to enter into contracts.
In summary, if you are within the legal age limit, have a lawyer who works on a contingency basis, and possess a track-record of strong claims against insured companies, you’re likely eligible for pedestrian accident lawsuit loans in Alaska. Feel free to contact us via our toll free number (866) 594-1343 or apply directly through our website at LawsuitLoans.io funding application today.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your savings and cost when you choose LawsuitLoans.io. While we sometimes offer interest rates as low as 2.5%, our calculator assumes an interest rate of 2.9%. This calculator is illustrative – please contact us for an instant, written quote for your request.
Months Until Settlement:
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Pedestrian Accident Loan Process in Alaska
If you’ve been injured in a pedestrian accident in Alaska and you’re seeking a lawsuit loan, you may be wondering how the process works. Here are the five main steps of a pedestrian vs. auto lawsuit loan with LawsuitLoans.io:
- Apply online: Start by filling out the online application located at LawsuitLoans.io funding application. This is your initial step into the process.
- We contact your law firm: Once we receive your application, we’ll get in touch with your legal representation. The aim is to gather more detailed facts about your case.
- We review your case: Our team of experts will carefully assess the details of your case, including the potential settlement and your likelihood of winning.
- You sign a contract: If your loan request is approved after our review, we’ll offer you a contract. This agreement will outline the terms of your pre-settlement funding.
- You get funds: Finally, once you’ve signed the contract, the funds will be disbursed either directly to you or your law firm.
For example, let’s consider a plaintiff named Sarah. Sarah was injured in a pedestrian accident in Anchorage. While she filed a lawsuit against the driver, medical bills were piling up, and the legal proceedings were taking longer than expected. Sarah decided to apply for a lawsuit loan through LawsuitLoans.io. After submitting her application, LawsuitLoans.io contacted her lawyer, reviewed her case, and offered her a contract for pre-settlement funding. Once Sarah signed the contract, she quickly received the funds, easing her financial burden during a challenging time.
Apply today and get funds as soon as the same day you apply!
Types of Pedestrian Accident Claims in Alaska
Every day, countless pedestrians navigate the streets and sidewalks in Alaska. Unfortunately, accidents do occur, leading to serious injuries and even fatalities. Let’s discuss a few types of pedestrian accident claims commonly seen in Alaska.
Intersections and crosswalks: A large portion of pedestrian accidents happen at intersections and crosswalks. Whether due to lack of visibility, inattention, or blatant disregard from motorists, the chances of accidents happening are quite high. Riders who fail to yield or pay attention to traffic signals can be found liable and held responsible for the damages caused.
Parking lots: Accidents also occur frequently in parking lots, often resulting from failure to adhere to the designated speed limit, not observing pedestrian right-of-ways, or neglecting to look out for pedestrians while backing out of parking spaces. In such cases, fault may land squarely on the driver.
Drunk driving: Sadly, many pedestrian accidents are the result of impaired driving. Motorists under the influence are less able to react appropriately to pedestrians and hence, likely to be deemed at fault in most instances.
In Alaska, determining who is at fault in a pedestrian accident depends on the ‘comparative negligence’ law. Under this law, each party’s percentage of fault is determined and that party is liable for that same percentage of the damages. Therefore, even if a pedestrian is partly at fault, they may still receive compensation proportional to the other party’s degree of fault.
It’s important to understand these factors when filing a personal injury claim after a pedestrian accident. This way, you have a better chance of success in your lawsuit. Remember, no matter the circumstances of your accident, LawsuitLoans.io is here to help you with your financial needs as you await the resolution of your legal case.
How Much Money Can I Get From my Pedestrian Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. If your case is still in progress, we can advance you up to a maximum of 25% of what you’re expected to receive from the settlement. If your case has settled, we can offer you 50% of your expected portion of the settlement.
Let’s illustrate this using an example. Consider a plaintiff in Alaska who has a pedestrian accident case with an estimated value of $300,000. The case isn’t expected to settle for some time. Here, medical providers usually receive about a third of the settlement, and the attorney gets another third. The plaintiff would then, essentially, receive around $100,000. In such a case, we could advance about 25% of that amount – which means the plaintiff could get a lawsuit loan of approximately $25,000.
Get $500 – $100,000 as soon as today
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same day you apply with us.
Roadway Accident Cases we Fund in Alaska
At LawsuitLoans.io, we fund almost any type of roadway accident in Alaska. Here are some of the accident cases we can provide funding for:
- Bicycle Accident Loans: Help with your expenses while awaiting settlement from a bike accident claim.
- Car Accident Loans: Some relief while you wait for a resolution to your car crash case.
- Commercial Vehicle Accident Loans: Financial support as you settle your claim involving a commercial vehicle.
- Government Vehicle Accident Loans: Funding is available if you’re dealing with a claim against a government vehicle.
- Motorcycle Accident Loans: Get the funds you need while your motorcycle accident claim is resolved.
- Pedestrian Accident Loans: We can help you cope financially as your pedestrian accident claim unfolds.
- Rideshare Accident Loans: Keep going while you’re waiting on a settlement from a rideshare accident claim.
- Semi-Truck Accident Loans: Funding is available while your claim involving a semi-truck is being settled.
Major Cities we Serve in Alaska
At LawsuitLoans.io, we understand that a lawsuit can be taxing both emotionally and financially. As a leading pre-settlement funding company, we offer lawsuit loans to residents of Alaska as well as nationwide. In Alaska, we are proud to serve residents in the following major cities:
No matter which city in Alaska you reside in, rest assured knowing that LawsuitLoans.io is here to aid you through your legal journey with our pre-settlement funding services. To apply, simply use our online form at LawsuitLoans.io funding application or call our toll-free number: (866) 594-1343.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Alaska Pedestrian Accident Funding FAQs
How much does it cost to get a pedestrian accident lawsuit loan?
If you’re an Alaska resident dealing with a pedestrian accident lawsuit, you may be wondering about the cost of a lawsuit loan. The cost of a lawsuit loan from LawsuitLoans.io, our pre-settlement funding company, can vary based on the details of your case. However, you can rest assured that we aim to provide the most reasonable and competitive rates to our clients.
Do I qualify for a lawsuit loan on my pedestrian accident case?
Qualifying for a lawsuit loan depends on several factors relating to your case. Primarily, you may qualify if you were involved in a pedestrian accident in Alaska, and you’ve hired an attorney to represent you. Keep in mind, each case is different, and approval of your application is contingent upon the evaluation of your case details. To better understand your eligibility, we recommend applying directly through our application form.
Can you get a loan on a pedestrian accident settlement?
Yes, it’s completely possible to get a loan on a pedestrian accident settlement. At LawsuitLoans.io, we provide pre-settlement funds to plaintiffs who are waiting for their legal case to resolve. This means you can access financing even before your settlement money arrives. To start the process, visit our application page at LawsuitLoans.io funding application or reach us at our toll-free phone number (866) 594-1343.