Pennsylvania 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 Pennsylvania
Pedestrian accident loans, often referred to as car accident loans, are a form of financial aid provided to individuals who have suffered injuries as pedestrians due to motor accidents. They are designed to lend a hand in dealing with the financial burdens that come hand-in-hand with such unfortunate events while awaiting the resolution of their legal cases.
It’s crucial to note that these pedestrian accident loans aren’t traditional loans as one might understand them. Instead, they are more accurately described as non-recourse advances on a plaintiff’s future car accident settlement. What this means, in simpler terms, is that the funding provider, such as LawsuitLoans.io, offers cash up-front to a claimant in exchange for part of their future legal settlement.
This is a risk-free form of funding, as the repayment is always contingent upon successful case resolution. If the plaintiff does not win their case, or if their settlement doesn’t cover the advance, they owe nothing to the funding company. This approval is not dependent on one’s credit score but rather on the strength and merits of their lawsuit.
So, if you’ve been an unfortunate victim of a pedestrian accident in Pennsylvania and find yourself waiting on a potential settlement with mounting bills to pay, a pedestrian accident loan may be your lifeline to financial peace of mind while your lawyer fights for your rightful compensation.
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 Pennsylvania
In Pennsylvania, car accident loans are a valuable resource for plaintiffs waiting for their legal case to resolve. These are the details that give you a better understanding of the general scope and conditions involving car accident loans in this state:
|Average car accident loan amount by LawsuitLoans.io in Pennsylvania||$18,024.14|
|Largest car accident loan by LawsuitLoans.io in Pennsylvania||$185,135.00|
|Average interest rate in Pennsylvania||20.2%|
|Median personal injury verdict in Pennsylvania||$15,000 to $45,000|
|Pennsylvania statute of limitations||2 Years; 42 Penn. Cons. Statutes Section 5524|
|Pennsylvania fault laws||Pennsylvania is a “choice no-fault” state, allowing drivers to choose between a “no-fault” policy and a traditional “at-fault” policy.|
Get up to $500,000 with rates as low as 2.5% simple, monthly
Am I Eligible for a Pedestrian Accident Loan in Pennsylvania?
If you’ve been part of a pedestrian accident in Pennsylvania and are waiting for your legal case to resolve, you may be wondering if you’re eligible for a pre-settlement loan. The eligibility conditions for car accident lawsuit loans are quite straightforward.
The most essential criteria is to have a valid legal claim against an insurance company or a self-insured company. If you can prove that another party was at fault in the accident and you’ve filed a lawsuit against them, you’re one step closer to becoming eligible.
Secondly, you must have an attorney hired on a contingency basis. This means that your attorney will only receive payment if they successfully win your case or reach a settlement. This implies that your attorney strongly believes that your legal claim is solid and likely to result in a settlement or judgment.
The final criterion is your age. You must be 18 years old or above to be eligible for a pedestrian accident lawsuit loan in Pennsylvania.
If all these criteria apply to you, then you are likely eligible for a lawsuit loan from LawsuitLoans.io. You can apply for funding through our online application form or by calling our toll-free phone number (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 Pennsylvania
If you have been hit by a car while walking in Pennsylvania and are waiting for a settlement from your lawsuit, you may be eligible for a pedestrian vs. auto lawsuit loan from LawsuitLoans.io. This loan can provide you with the funds you need to pay expenses while you wait for your case to resolve.
The process for obtaining a lawsuit loan is straightforward and involves five main steps:
- Apply online: Complete the quick online form at LawsuitLoans.io funding application.
- We contact your law firm: After you submit your application, we will reach out to your attorney or law firm to gather more information about your case.
- We review your case: Our experienced team reviews all information, including case specifics, to make a decision on your loan approval.
- You sign a contract: If your loan is approved, we send you a contract to sign. This contract clearly outlines all loan terms.
- You get funds: Once the contract is signed and returned, we transfer your funds as soon as possible. You can use these funds to cover living expenses, medical bills, or any other costs you may have while you wait for your lawsuit settlement.
Take, for example, Jane Doe. Jane was crossing a street in Philadelphia when she was hit by a speeding driver. With injuries preventing her from working and mounting medical bills, she applied for a lawsuit loan with LawsuitLoans.io. After we contacted her law firm and reviewed her case, Jane was approved for a loan. She signed the contract, and promptly received her funds. This loan provided Jane with the financial buffer she needed until her case was finally settled.
Apply today and get funds as soon as the same day you apply!
Types of Pedestrian Accident Claims in Pennsylvania
In Pennsylvania, pedestrian accidents can occur in several ways. Here are a few examples:
- Intersection accidents: These types of accidents usually happen at crosswalks or traffic signals. They are often due to motorists failing to yield to pedestrians.
- Hit and Run accidents: In these cases, the driver leaves the scene after hitting a pedestrian. This presents challenges in pursuing claims against the responsible parties.
- Parking lot accidents: These occur when cars are reversing out of parking spaces and hit unsuspecting pedestrians.
- Bus stop accidents: Here, pedestrians get hit by buses or other vehicles near a bus stop.
Fault laws in Pennsylvania could significantly impact a plaintiff’s success in their lawsuit following their accident. The state uses a modified comparative negligence rule. This rule means that if a pedestrian is found to be partly to blame for the accident, their potential compensation may be reduced according to their degree of fault.
For example, if you are deemed to be 20% responsible for the accident, your total damages award could be reduced by 20%. Being fully aware of these rules can equip you with necessary information to navigate through your lawsuit.
If you require further assistance in understanding these claims or need financial help while waiting for your case to resolve, reach out to LawsuitLoans.io, a pre-settlement funding company providing funds to plaintiffs navigating through their legal claims.
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. While your case is still in progress, we can provide advances up to a maximum of 25% of your expected share of the settlement. If your case has already been settled, we can offer up to 50% of your anticipated settlement portion.
Let’s consider a real-world example. Suppose you are a plaintiff in Pennsylvania involved in a pedestrian accident case that has an estimated value of $300,000. The case is ongoing and won’t be settled for quite some time. Typically, medical providers receive about one-third of the settlement sum, and the attorney collects another third. This would leave you, the plaintiff, with around $100,000. In this scenario, LawsuitLoans.io could advance approximately 25% of your share, or $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 Pennsylvania
We fund almost any type of roadway accident in Pennsylvania. Here are the types of cases that we provide funds for:
- Bicycle Accident Loans: Get funding while you wait for your bicycle accident claim to resolve.
- Car Accident Loans: We provide funding for car accident claims until your case is resolved.
- Commercial Vehicle Accident Loans: Get the funds you need for your commercial vehicle accident claim.
- Government Vehicle Accident Loans: We’re here to help with funding while you wait for your case to close.
- Motorcycle Accident Loans: Make ends meet while waiting for your motorcycle accident claim to resolve.
- Pedestrian Accident Loans: We provide financial assistance while your pedestrian accident case is pending.
- Rideshare Accident Loans: Get the funding you need while your rideshare accident case is under consideration.
- Semi-Truck Accident Loans: We provide funding until your semi-truck accident claim is fully resolved.
Major Cities we Serve in Pennsylvania
LawsuitLoans.io is proud to serve all residents of Pennsylvania, including those living in its largest cities. Here is a list of the top 10 most populous cities in Pennsylvania:
We don’t just serve the big cities. LawsuitLoans.io provides funding to residents across all the cities in Pennsylvania and nationwide. No matter where you live, we’re here to support you with your legal funding needs while you wait for your case to resolve.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Pennsylvania Pedestrian Accident Funding FAQs
Have you been involved in a pedestrian accident in Pennsylvania and have questions about funding? Here are some of the most common questions we get asked:
How much does it cost to get a pedestrian accident lawsuit loan?
At LawsuitLoans.io, we aim to keep our costs and fees straightforward and affordable. The amount depends on several factors like the amount of money you need, the expected duration of your case, plus the risk associated with it. We don’t charge any upfront fees and there are no out-of-pocket expenses. Please call our toll-free phone at (866) 594-1343 for more precise figures.
Do I qualify for a lawsuit loan on my pedestrian accident case?
We evaluate each case on its own merits. Factors like the strength of your case, likelihood of a favorable outcome, the estimated value of your case, among others determine if you qualify. Apply through our funding application to get started.
Can you get a loan on a pedestrian accident settlement?
Absolutely! LawsuitLoans.io provides pre-settlement funding for many types of cases, pedestrian accident settlement included. With us, you don’t need to wait for your legal case to resolve before you can get funds. Just complete our funding application and we’ll guide you through the process.