Georgia Pedestrian Accident Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
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What Are Pedestrian Accident Loans in Georgia?
Car accident loans, specifically pedestrian accident loans, are a type of pre-settlement funding available to individuals who have been injured as pedestrians in car accidents. These funds provide financial relief to plaintiffs as they wait for their legal case to resolve.
Pedestrian accident loans are not traditional loans but rather, they are non-recourse advances on a future car accident settlement. This means that the money received is not a debt. Rather, it is an advance on the expected settlement. If the plaintiff’s lawsuit does not succeed, they are not obligated to repay the advance. The risk, thus, lies with the funding company, not the plaintiff.
This financial tool is beneficial for people who are dealing with high medical fees, loss of earnings, or other financial burdens due to an accident. It can be used to cover living costs while waiting for the lawsuit to conclude.
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 Georgia
In Georgia, car accident loans commonly serve as a lifeline for plaintiffs during the duration of their legal claims. LawsuitLoans.io assists many Georgia residents by providing these funds while they await the resolution of their cases. Here are some key facts and figures about car accident loans in Georgia:
|Average car accident loan amount by LawsuitLoans.io in Georgia||$5,253.22|
|Largest car accident loan by LawsuitLoans.io in Georgia||$76,954.50|
|Average interest rate in Georgia||22.2%|
|Median personal injury verdict in Georgia||$257,500.00|
|Georgia statute of limitations||2 Years; Code of Georgia Annotated Section 9-3-71|
|Georgia fault laws||Georgia 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 Georgia?
Applying for a pedestrian accident loan in Georgia? You might wonder about the eligibility criteria. It’s simple and realistic. The core elements involve three main criteria. Let’s understand them below.
Firstly, you must have a valid legal claim. A pedestrian accident case with a legal claim against an insurance company or a self-insured company qualifies. This means you’re filing a lawsuit because of injury or harm due to another’s negligence.
Secondly, you should have an attorney working with you on your case. And not just any attorney. He or she must be hired on a contingency basis. Why this specification? It indicates that your lawyer believes in your case’s merit as they’ll only get paid if you win or settle your case.
The final requirement is relatively straightforward. You need to be 18 years old or older. As you cross this age threshold, you have the legal power to make decisions regarding lawsuit loans.
Meeting these three vital criteria primes you for eligibility for a pedestrian accident loan in Georgia. Now you can consider applying for an accident lawsuit loan on LawsuitLoans.io funding application page in a gymnastic leap towards justice. Or reach out to us at (866) 594-1343.
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 Georgia
If you’ve been harmed in a pedestrian crash, you may be considering a lawsuit loan. This loan can help you handle financial stress while you wait for your legal case to conclude. Here at LawsuitLoans.io, we make the procedure simple and easy with just five steps.
The Five Main Steps:
- Apply online: Open our website and fill out the funding application.
- We contact your law firm: After receiving your application, we will reach out to your law firm for additional details about your lawsuit.
- We review your case: Our team of experts will assess your case and determine the amount of funding you qualify for.
- You sign a contract: Once the review is done and our offer is accepted, you will sign a contract agreeing to repay the loan once you win your case or obtain a settlement.
- You get funds: After the contract is signed, you will promptly receive your funding which you can use to cover expenses before your lawsuit settles.
An Example Case:
Consider a plaintiff named John. John was injured in a pedestrian vs. car accident. He suffers from physical harm and is unable to work for months. Medical bills are piling up and he’s having trouble meeting his regular living expenses. John contacts us, fills out an application and we initiate our simple five-step process.
In consultation with John’s law firm, we discuss his case and claim for the accident. Based on this, we decide the amount that John qualifies for. John then signs the contract, and we release the funds to him. These funds provide John with the financial support he needs to cover his expenses while he awaits the final verdict or settlement of his case.
This is a typical example of how our lawsuit loan process works for a pedestrian accident in Georgia. If you’re in a similar situation, we’re here to help. Give us a call on our toll free number (866-594-1343) or fill out our online funding application. Let us help you manage your financial pressure while you focus on your lawsuit.
Apply today and get funds as soon as the same day you apply!
Types of Pedestrian Accident Claims in Georgia
Accidents involving pedestrians can occur in multiple ways. One common cause is drivers not adhering to traffic signals or signs. In these instances, a pedestrian may get hit by a vehicle due to the driver’s negligence. Another example may involve pedestrians struck while crossing outside of a crosswalk. Even though they’re not within the designated crossing zone, the driver is still responsible for avoiding collision.
There are also accidents that happen in parking lots when drivers fail to see pedestrians while reversing their vehicles. Lastly, certain collision incidents occur when drivers are distracted and are unable to react promptly to prevent hitting pedestrians.
Georgia operates under a “modified comparative fault” law. This could have implications on a plaintiff’s chance of success in a pedestrian accident lawsuit. Under this law, if you’re found to be partially at fault for the accident, the compensation you receive will be reduced by your percentage of fault. However, if you’re found to be 50% or more at fault, you’ll be barred from receiving any compensation.
This is why it’s essential for anyone hit by a vehicle in Georgia to understand these laws, and to seek representation to help them navigate through the legal process. At LawsuitLoans.io, we can provide funds to plaintiffs during these tough times while waiting for their legal case to resolve.
How Much Money Can I Get From my Pedestrian Accident Pre-settlement Loan?
At LawsuitLoans.io, the amount of money you can receive from a pedestrian accident pre-settlement loan can vary greatly. We provide lawsuit loans ranging from as low as $500 up to exceeding $1,000,000. The actual amount will typically depend on the specific details and potential settlement value of your case.
If your case is still ongoing and a settlement is yet to be decided, we can potentially advance up to a maximum of 25% of the estimated portion set for you from the prospective settlement. On the other hand, for cases that have already settled, LawsuitLoans.io has the capability to offer up to 50% of your expected part of the settlement.
Take, for example, a plaintiff in Georgia who has an ongoing pedestrian accident case estimated to be valued at around $300,000. Let’s assume that the settlement won’t be reached for quite some time. Commonly, medical providers would receive about one third of the final settlement amount, while another third would go to cover attorney fees. Consequently, the plaintiff would likely net around $100,000. In this scenario, we could potentially advance approximately 25% of this sum, or around $25,000, based on the specifics of the case.
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 Georgia
We fund almost any type of roadway accident in Georgia. Here are some examples:
- Bicycle Accident Loans: We provide funds for claimants involved in bicycle accidents while their case is ongoing.
- Car Accident Loans: Car accidents can result in severe injuries. We’re here to provide financial support during your lawsuit.
- Commercial Vehicle Accident Loans: Involved in an accident with a commercial vehicle? Apply for funding while your case settles.
- Government Vehicle Accident Loans: Accidents involving government vehicles require specialized legal representation. Secure your financial situation with our lawsuit loan.
- Motorcycle Accident Loans: Motorcyclists often face serious injuries in accidents. We can provide financial assistance during your lawsuit.
- Pedestrian Accident Loans: For pedestrian accident victims, we offer lawsuit loans to tide you over until your settlement arrives.
- Rideshare Accident Loans: Have you been involved in a rideshare accident? We can provide a lawsuit loan while your case is being resolved.
- Semi-Truck Accident Loans: Semi-truck accidents can lead to high medical costs. A lawsuit loan from us can provide assistance as your case progresses.
Major Cities we Serve in Georgia
At LawsuitLoans.io, we are proud to serve clients all across the United States. In the state of Georgia, we extend our services to many towns and cities. We’re going to tell you about the top 10 most populated cities in Georgia that we serve:
- Sandy Springs
- Johns Creek
- Warner Robins
We’re not limited to these areas. We serve all cities in Georgia and nationwide. If you’re a resident of Georgia dealing with a personal injury or other legal claims, you can seek pre-settlement funding from us while you wait for your case to settle.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Georgia Pedestrian Accident Funding FAQs
In this section, we will be addressing some frequently asked questions (FAQs) that Georgia residents might have regarding our services. We’ll focus on pedestrian accident lawsuit loans and provide clear answers to your queries.
How much does it cost to get a pedestrian accident lawsuit loan?
The cost of a pedestrian accident lawsuit loan varies. It depends on the specifics of your case and the anticipated settlement amount. LawsuitLoans.io offers competitive rates for lawsuit loans. For the most accurate information, we encourage you to contact us directly and discuss your specific situation.
Do I qualify for a lawsuit loan on my pedestrian accident case?
Qualifying for a lawsuit loan depends on several factors such as the merits of your case, your attorney’s cooperation, and potential settlement value. If you’ve been injured in a pedestrian accident due to someone else’s negligence and have a pending lawsuit, you might qualify. The best way to know for sure is to apply through our funding application.
Can you get a loan on a pedestrian accident settlement?
Yes, you can. LawsuitLoans.io specializes in providing lawsuit loans on various types of legal cases, including pedestrian accident settlements. If you are anticipating a settlement from your pedestrian accident case, you might qualify for a pre-settlement loan. This can help alleviate financial stress while you wait for your case to resolve.