Texas Pedestrian Accident Loans

What Are Pedestrian Accident Loans in Texas

If you’ve been injured as a pedestrian in a car accident, you may experience financial pressure while waiting for a lawsuit to be resolved. A pedestrian accident loan in Texas could be an ideal solution for you. But what exactly are these loans and how do they work? Let’s explain.

A pedestrian accident loan is a non-recourse advance, which means it’s a form of pre-settlement funding provided by companies like LawsuitLoans.io. Instead of being a traditional loan, it is an advance on a possible future settlement from your legal case. You, the plaintiff, can use this cash advance while waiting for your legal case to resolve.

It’s important to understand that the term “loan” can be a bit misleading. If you win your case, the amount advanced, plus any agreed upon fees, is paid back using the settlement funds. However, if you lose your case, you owe nothing – this is the ‘non-recourse’ part. You aren’t liable for repayment, hence it is also considered risk-free for plaintiffs.

Key Information About Car Accident Loans in Texas

In the state of Texas, car accident loans are a lifeline for plaintiffs awaiting their legal settlement. Financial assistance can help cover medical bills, lost wages, and other costs directly associated with the accident. Targeted towards those with ongoing civil lawsuits, here is a snapshot of critical car accident loan details for Texas residents:

Am I Eligible for a Pedestrian Accident Loan in Texas?

If you have been involved in a pedestrian accident in Texas, you may be wondering if you are eligible for a lawsuit loan. At LawsuitLoans.io, we provide pre-settlement funding to plaintiffs waiting for their legal case to resolve. But not everyone can qualify for our loans.

The primary criteria for eligibility for car accident lawsuit loans are threefold:

1. You must have a valid legal claim against an insurance company or self insured company. This means that you need to be the plaintiff in a personal injury case, resulting from a car accident.
2. You must have hired an attorney who is working on a contingency basis. This means you don’t pay your attorney unless you win your case.
3. You must be at least 18 years old.

If you meet these criteria, you could be eligible for a pedestrian accident loan in Texas. For more detailed information about our loan eligibility requirements, visit LawsuitLoans.io or call our toll free number (866) 594-1343. You can also start your application directly at our funding application page.

Pedestrian Accident Loan Process in Texas

Understanding how pedestrian vs. auto lawsuit loans work can simplify the pre-settlement funding process for those involved in litigation. LawsuitLoans.io is here to guide you through each step of this process specifically designed for residents in Texas. This journey comprises five major steps.

1. Apply online: Application begins at the comfort of your home or anywhere else with internet access by visiting LawsuitLoans.io funding application.
2. We contact your law firm: Once we receive your application, we reach out to your legal representative to obtain more information about your case.
3. We review your case: Our team of experts using their many years of experience will assess your unique lawsuit.
4. You sign a contract: If your case meets all conditions after review, we’ll draft an agreement document for you and your attorney’s signatures.
5. You get funds: After the contract has been agreed upon and signed, you will receive your pre-settlement funds swiftly, for immediate financial relief.

For instance, consider John, a Texas resident who got injured in a pedestrian accident. John lodged a lawsuit against the driver at fault but needed funds to cope with medical bills and other expenses. He decided to use LawsuitLoans.io’s lawsuit loan service. After applying online, we contacted his law firm promptly for case details. Upon ascertaining John’s case viability, we drafted a contract which he quickly signed, enabling him to receive financial support through our pre-settlement fund while his case was ongoing in court.

Types of Pedestrian Accident Claims in Texas

When someone suffers from unintended injuries while walking, it’s often known as a pedestrian accident. These situations are diverse, and so are the claims that stem from them. Here are a few examples which embody how these incidents occur and how fault laws in Texas could influence the plaintiff’s success in their lawsuit.

Car Accidents: One of the most common forms is a collision with an automobile. In these cases, it usually occurs when a driver fails to yield to a pedestrian at a crosswalk or other designated zones.

Bicycle Collisions: It’s not only cars that pose threat to pedestrians; cyclists can too. When bike riders disregard traffic rules or ride on sidewalks, they may collide with pedestrians, causing injuries.

Faulty Sidewalks: Cracked pavements, potholes or uneven surfaces can result in pedestrian falls leading to serious injuries. The city council or property owners might be held responsible for such accidents due to negligence in maintenance.

In Texas, liability follows a “modified comparative fault” rule. This means if you are found to be over 50% responsible for your own injury, you will not be able to recover any damages. However, if you are less than 50% at fault, you can recover damages, which will be reduced by your percentage of fault.

If you have been involved in a pedestrian accident and are facing financial hardship, LawsuitLoans.io provides pre-settlement funding to help support you through your legal journey. Apply today using our online form located at LawsuitLoans.io funding application or call us on our toll-free number, (866) 594-1343. Our team is ready to assist you.

How Much Money Can I Get From my Pedestrian Accident Pre-settlement Loan?

Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.

Let’s illustrate this with an example: Suppose a plaintiff in Texas has a pedestrian accident case with a $300,000 estimated value. The case is still in progress and not expected to settle for some time. As a general rule of thumb, medical providers usually receive about 1/3 of the settlement, and the attorney gets another 1/3. As a result, the plaintiff would receive around $100,000. In this situation, we could advance approximately 25% of that amount, or $25,000.

Roadway Accident Cases we Fund in Texas

At LawsuitLoans.io, we understand the financial strain that can come with a roadway accident lawsuit. While you wait for your case to resolve, we provide funding for almost any type of roadway accident in Texas. Below is a list of some specific types of cases we fund:

• Bicycle Accident Loans: These are loans for plaintiffs involved in bicycle accidents due to someone else’s negligence.
• Car Accident Loans: We provide funding for victims who are pursuing legal action after a car accident.
• Commercial Vehicle Accident Loans: This includes accidents involving business or commercial vehicles.
• Government Vehicle Accident Loans: If you’ve been in an accident with a government vehicle, we can help with your lawsuit expenses.
• Motorcycle Accident Loans: Motorcyclists who are the victims of other drivers’ negligence can apply for a loan here.
• Pedestrian Accident Loans: Pedestrians injured in accidents can get financial support while their cases are ongoing.
• Rideshare Accident Loans: If you’ve been in an accident involving a ridesharing vehicle, like Uber or Lyft, we offer suitable loans.
• Semi-Truck Accident Loans: Lawsuits involving semi-trucks often take time, so we provide funding to ease the wait.

Major Cities we Serve in Texas

LawsuitLoans.io is proud to provide funding services to residents of Texas, as well as to other parts of the nation. Here, we list the top 10 most populated cities in Texas that we serve:

1. Houston
2. San Antonio
3. Dallas
4. Austin
5. Fort Worth
6. El Paso
7. Arlington
8. Corpus Christi
9. Plano
10. Laredo

While these are the major cities, we want to emphasize that LawsuitLoans.io offers funding support to plaintiffs all over the state of Texas and throughout the country. Whether you’re from a small town or a large city, we’re here to support your legal journey. For more information, visit us at our website or reach out to us at our toll free phone number (866) 594-1343.

Texas Pedestrian Accident Funding FAQs

There are many questions that Texas residents have about pedestrian accident funding. It’s important to get answers to these FAQs before you decide to move forward.

How much does it cost to get a pedestrian accident lawsuit loan?

One common concern is about cost. The cost of getting a pedestrian accident lawsuit loan differs based on the company, your case details, and the potential settlement amount. LawsuitLoans.io prides itself in offering competitive rates.

Do I qualify for a lawsuit loan on my pedestrian accident case?

Qualification depends on several factors. These include the strength of your case and the expected settlement amount. Get in touch with LawsuitLoans.io at (866) 594-1343 or fill out the LawsuitLoans.io funding application to see if you qualify.

Can you get a loan on a pedestrian accident settlement?

Yes! At LawsuitLoans.io, we provide funding for pedestrian accident settlements. If you’re waiting for a case to settle, you don’t have to struggle with financial pressure. Reach out to us, and we may be able to help.