Texas Pedestrian Accident Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
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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.
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 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:
| Average car accident loan amount by LawsuitLoans.io in Texas | $9,400.29 |
| Largest car accident loan by LawsuitLoans.io in Texas | $100,500.00 |
| Average interest rate in Texas | 21.3% |
| Median personal injury verdict in Texas | $12,281.00 |
| Texas statute of limitations | 2 Years; Civ. Prac. & Rem Code Title 2 Ch. 16 Section 16.003 |
| Texas fault laws | Texas is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
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:
- 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.
- 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.
- 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 (800) 340-4973. You can also start your application directly at our funding application page.
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, (800) 340-4973. Our team is ready to assist you.
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Apply today and get funds in as little as 24 hours!
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.
Get $500 – $500,000 in as Little as a Single Business Day!
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 business day.
Cities we Service in Texas
LawsuitLoans.io provides funding throughout Texas. See more about our funding in Texas by visiting the city pages below:
Other Cases we Fund in Texas
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Texas. Read more about the personal injury cases we fund in Texas here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Texas here: