Pedestrian Accidents and Lawsuit Funding – Unlike car accidents or even the ones that happen during rideshare, pedestrian accidents are usually a lot more disturbing for victims and with their families. They cause emotional, fiscal and physical damage.
Apart from physical injury, the impact of such potential injuries can easily take a toll on the victim’s financial well-being, causing them to face more problems. Nonetheless, people now leverage different insurance companies and help them by receiving a lawsuit fund.
So what is a lawsuit fund?
Well, it is just a cash advance that helps victims to get through their settlement period. It helps them to recover without stressing about the medical bills or other expenses.
What is the Need for Lawsuit Funding?
Typically, a lawsuit funding involves obtaining a part of your settlement before receiving the final payout of the case. In other words, it is a financial assistance that doesn’t actually work like a typical loan amount but a financial aid in the time of need.
It is common for lawsuits to take months before reaching a settlement. Considering an injured pedestrian, it is not feasible or manageable to bear the unforeseen medical expenses. These bills continue to pop up. Being a victim, you need this instant cash to fully meet the additional expenses.
This is how a lawsuit funding aids an accident victim. It enables them to meet their ongoing expenses, without waiting to get the settlement amount. This way, a victim can pay more focus and attention to derive the required results of the lawsuit, especially with the assistance of personal injury attorney in Bettendorf, Iowa.
Also, a pedestrian settlement funding may be used for a range of expenses including vehicle purchase, bills payment, and even home renovation.
Qualifying to Get Lawsuit Pedestrian Funding
As the personal injury lawyers in Bettendorf, Iowa suggest, there are several companies offering lawsuit funding. Thus, always choose the one that is right for your requirements. Some of the most common injury types, suffered by pedestrians include;
- Deep cuts
- Amputation of limb
- Head injury
- Spinal cord damage
- Wrongful death
- Crush injuries
- Bone fracture
- Internal organ damage
All of the above-listed injuries are commonly observed in medical conditions and even if the victim’s injury is not on the list, they may still be eligible to receive the cash funding. In brief, if you have been injured in a pedestrian accident, you are certainly qualified to get a cash advance!