Louisiana 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 Louisiana
A pedestrian accident loan is a financial tool designed to help plaintiffs who have been injured in a car accident as pedestrians. The primary goal of these loans is to help balance the financial burden during the waiting period of any pending lawsuit or settlement.
The loans are essentially cash advances against the potential monetary compensation from the future settlement agreement. It’s important to understand that these funds are non-recourse, meaning, if you fail to secure your settlement, you owe nothing back to Lawsuitloans.io.
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 Louisiana
It’s important to have the right information when requesting a car accident loan, especially if you’re in Louisiana. The information below will give you helpful insights into what to expect.
|Average car accident loan amount by LawsuitLoans.io in Louisiana||$8,126.46|
|Largest car accident loan by LawsuitLoans.io in Louisiana||$83,591.00|
|Average interest rate in Louisiana||21.5%|
|Median personal injury verdict in Louisiana||$95,000.00|
|Louisiana statute of limitations||1 Year; Louisiana Civil Code Section 3492|
|Louisiana fault laws||Louisiana 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 Louisiana?
If you’ve been involved in a pedestrian accident in Louisiana and are wondering if you’re eligible for a lawsuit loan, here’s what you need to know. There are three primary eligibility criteria for car accident lawsuit loans:
- You have a valid legal claim against an insurance company or a self-insured entity.
- You have retained an attorney who is working on a contingency basis.
- You must be at least 18 years old.
It’s as simple as that. If you meet these requirements, you could be eligible for a lawsuit loan from LawsuitLoans.io. For more information, or to fill out an application, visit the LawsuitLoans.io funding application page or call the toll-free number 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 Louisiana
If you’ve been involved in a pedestrian vs. auto accident in Louisiana and have filed a lawsuit, LawsuitLoans.io can help you with lawsuit loans as you wait for your case to be settled. Here, we’ll go over the simple five-step process involved.
1. Apply Online
The first step is to fill out an application on our website at LawsuitLoans.io funding application.
2. We Contact Your Law Firm
After you submit your application, we reach out to your law firm to get more information about your case.
3. We Review Your Case
We then carefully review the details of your case. This allows us to assess the strength of your lawsuit and make a fair funding offer.
4. You Sign a Contract
Once we’ve decided that we can provide funding, you will receive a contract. Sign and return it, so we can finalize the process.
5. You Get Funds
Finally, after everything is signed and approved, we provide the funds. At that point, they can be used as needed while you wait for your legal case to resolve.
Here’s an illustration: Imagine John, who was hit by a careless driver while crossing the street in Baton Rouge. John was unable to work due to his injuries and his mounting medical bills were overwhelming. John applied for a loan with LawsuitLoans.io. We contacted his law firm, reviewed his lawsuit, and determined he had a strong case. John signed a contract with us and shortly received the funds he needed to cushion his finances as he awaited the resolution of his lawsuit.
Apply today and get funds as soon as the same day you apply!
Types of Pedestrian Accident Claims in Louisiana
Pedestrian accidents can happen in many different ways, with varying levels of severity. Some common examples include vehicles failing to stop at crosswalks, distracted drivers not observing the pedestrian right of way, or drivers turning without checking for pedestrians. Each of these situations could lead to a personal injury claim.
Ascertaining fault in these accident cases is often complex. However, Louisiana laws can significantly impact a plaintiff’s chance of success. These laws employ a “comparative fault” system, which means the court will divide the fault among all involved parties. So if pedestrian negligence played a part in the accident, their potential compensation may be reduced accordingly. For example, if a pedestrian is found 30% at fault for an accident, their awarded settlement would be reduced by that percentage. Therefore, the circumstances of their accident play a critical role in eventual lawsuit outcomes.
Understanding these fault laws in Louisiana could aid a plaintiff significantly. Knowledge of these laws allows them to manage expectations regarding their lawsuits and informs them how their actions could affect their final settlement. LawsuitLoans.io remains committed to providing pre-settlement funding support during these complex legal processes. We stand ready to offer funds while 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 legal case has not yet been settled, we can provide up to 25% of your expected percentage of the final settlement total. If your case has already been resolved and you’re just waiting for the payout, we can offer an advance of up to 50% of your expected settlement amount.
Consider this example: You live in Louisiana and were involved in a pedestrian accident. The estimated value of your case is $300,000 and it’s still in progress. With no forthcoming settlement, you’ll have to wait awhile for the resolution. Medical providers generally get around 1/3 of the settlement, leaving another 1/3 for your attorney. This would mean that you will potentially receive approximately $100,000. At LawsuitLoans.io, we can advance about 25% of your portion, which in this case would be $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 Louisiana
At LawsuitLoans.io, we fund almost any type of roadway accident claim in Louisiana. Here is a list of some typical cases that we can provide pre-settlement funding for:
- Bicycle Accident Loans: If you were injured in a bicycle accident due to someone else’s negligence, we can provide funding for your case.
- Car Accident Loans: We offer loans for car accident cases where the plaintiff was injured due to someone else’s actions or negligence.
- Commercial Vehicle Accident Loans: If you were harmed in an accident with a commercial vehicle, we can help fund your lawsuit.
- Government Vehicle Accident Loans: We fund lawsuits involving accidents with government-owned or operated vehicles.
- Motorcycle Accident Loans: If you have suffered injuries in a motorcycle accident, we can provide financial assistance while you wait for your case to resolve.
- Pedestrian Accident Loans: We offer loans for pedestrian accident cases, where a pedestrian was injured by a motor vehicle.
- Rideshare Accident Loans: If you were involved in an accident while using a rideshare service, such as Uber or Lyft, we can provide lawsuit funding.
- Semi-Truck Accident Loans: We provide pre-settlement funding for victims of accidents involving semi-trucks.
Major Cities we Serve in Louisiana
LawsuitLoans.io is a trusted source for pre-settlement funding across the United States. If you’re waiting for your legal case to resolve, we provide funds to support you. In Louisiana, we serve residents in all cities but here are the top 10 by population:
- New Orleans
- Baton Rouge
- Lake Charles
- Bossier City
We’re not limited to these cities. LawsuitLoans.io provides pre-settlement funding for residents in all cities in Louisiana and across the nation. Don’t let financial strain add to the stress of your legal battle. Reach out to us today at LawsuitLoans.io or call our toll-free number at (866) 594-1343. You can also apply directly via our website with our LawsuitLoans.io funding application.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Louisiana Pedestrian Accident Funding FAQs
Here at LawsuitLoans.io, we understand that our valued clients in Louisiana often have many questions regarding pedestrian accident lawsuit funding. We aim to answer the most commonly asked questions below:
How much does it cost to get a pedestrian accident lawsuit loan?
The cost of a lawsuit loan depends on several factors including the potential value of your case and the length of time before it’s expected to settle. In many cases, rates range from 1-3% per month. However, this may vary on individual circumstances.
Do I qualify for a lawsuit loan on my pedestrian accident case?
At LawsuitLoans.io, we largely base qualification on the strength of your case. If there is strong evidence that you are likely to win or settle your case successfully, there’s a strong chance you will qualify for a lawsuit loan.
Can you get a loan on a pedestrian accident settlement?
Yes, you certainly can. With LawsuitLoans.io, if you have a pending or settled pedestrian accident claim and are looking to receive funding against your future settlement, we can help you. However, your attorney must agree to cooperate with us for your application to be approved.