Georgia 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
Apply in Seconds
What Are Pedestrian Accident Loans in Georgia?
Car accident loans, specifically pedestrian accident loans, are a type of pre-settlement funding available to individuals who have been injured as pedestrians in car accidents. These funds provide financial relief to plaintiffs as they wait for their legal case to resolve.
Pedestrian accident loans are not traditional loans but rather, they are non-recourse advances on a future car accident settlement. This means that the money received is not a debt. Rather, it is an advance on the expected settlement. If the plaintiff’s lawsuit does not succeed, they are not obligated to repay the advance. The risk, thus, lies with the funding company, not the plaintiff.
This financial tool is beneficial for people who are dealing with high medical fees, loss of earnings, or other financial burdens due to an accident. It can be used to cover living costs while waiting for the lawsuit to conclude.
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 Georgia
In Georgia, car accident loans commonly serve as a lifeline for plaintiffs during the duration of their legal claims. LawsuitLoans.io assists many Georgia residents by providing these funds while they await the resolution of their cases. Here are some key facts and figures about car accident loans in Georgia:
| Average car accident loan amount by LawsuitLoans.io in Georgia | $5,253.22 |
| Largest car accident loan by LawsuitLoans.io in Georgia | $76,954.50 |
| Average interest rate in Georgia | 22.2% |
| Median personal injury verdict in Georgia | $257,500.00 |
| Georgia statute of limitations | 2 Years; Code of Georgia Annotated Section 9-3-71 |
| Georgia fault laws | Georgia 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.
Am I Eligible for a Pedestrian Accident Loan in Georgia?
Applying for a pedestrian accident loan in Georgia? You might wonder about the eligibility criteria. It’s simple and realistic. The core elements involve three main criteria. Let’s understand them below.
Firstly, you must have a valid legal claim. A pedestrian accident case with a legal claim against an insurance company or a self-insured company qualifies. This means you’re filing a lawsuit because of injury or harm due to another’s negligence.
Secondly, you should have an attorney working with you on your case. And not just any attorney. He or she must be hired on a contingency basis. Why this specification? It indicates that your lawyer believes in your case’s merit as they’ll only get paid if you win or settle your case.
The final requirement is relatively straightforward. You need to be 18 years old or older. As you cross this age threshold, you have the legal power to make decisions regarding lawsuit loans.
Meeting these three vital criteria primes you for eligibility for a pedestrian accident loan in Georgia. Now you can consider applying for an accident lawsuit loan on LawsuitLoans.io funding application page in a gymnastic leap towards justice. Or reach out to us at (800) 340-4973.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Pedestrian Accident Claims in Georgia
Accidents involving pedestrians can occur in multiple ways. One common cause is drivers not adhering to traffic signals or signs. In these instances, a pedestrian may get hit by a vehicle due to the driver’s negligence. Another example may involve pedestrians struck while crossing outside of a crosswalk. Even though they’re not within the designated crossing zone, the driver is still responsible for avoiding collision.
There are also accidents that happen in parking lots when drivers fail to see pedestrians while reversing their vehicles. Lastly, certain collision incidents occur when drivers are distracted and are unable to react promptly to prevent hitting pedestrians.
Georgia operates under a “modified comparative fault” law. This could have implications on a plaintiff’s chance of success in a pedestrian accident lawsuit. Under this law, if you’re found to be partially at fault for the accident, the compensation you receive will be reduced by your percentage of fault. However, if you’re found to be 50% or more at fault, you’ll be barred from receiving any compensation.
This is why it’s essential for anyone hit by a vehicle in Georgia to understand these laws, and to seek representation to help them navigate through the legal process. At LawsuitLoans.io, we can provide funds to plaintiffs during these tough times while waiting for their legal case to resolve.
Get Started
Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Pedestrian Accident Pre-settlement Loan?
At LawsuitLoans.io, the amount of money you can receive from a pedestrian accident pre-settlement loan can vary greatly. We provide lawsuit loans ranging from as low as $500 up to exceeding $1,000,000. The actual amount will typically depend on the specific details and potential settlement value of your case.
If your case is still ongoing and a settlement is yet to be decided, we can potentially advance up to a maximum of 25% of the estimated portion set for you from the prospective settlement. On the other hand, for cases that have already settled, LawsuitLoans.io has the capability to offer up to 50% of your expected part of the settlement.
Take, for example, a plaintiff in Georgia who has an ongoing pedestrian accident case estimated to be valued at around $300,000. Let’s assume that the settlement won’t be reached for quite some time. Commonly, medical providers would receive about one third of the final settlement amount, while another third would go to cover attorney fees. Consequently, the plaintiff would likely net around $100,000. In this scenario, we could potentially advance approximately 25% of this sum, or around $25,000, based on the specifics of the case.
Roadway Accident Cases we Fund in Georgia
We fund almost any type of roadway accident in Georgia. Here are some examples:
- Bicycle Accident Loans: We provide funds for claimants involved in bicycle accidents while their case is ongoing.
- Car Accident Loans: Car accidents can result in severe injuries. We’re here to provide financial support during your lawsuit.
- Commercial Vehicle Accident Loans: Involved in an accident with a commercial vehicle? Apply for funding while your case settles.
- Government Vehicle Accident Loans: Accidents involving government vehicles require specialized legal representation. Secure your financial situation with our lawsuit loan.
- Motorcycle Accident Loans: Motorcyclists often face serious injuries in accidents. We can provide financial assistance during your lawsuit.
- Pedestrian Accident Loans: For pedestrian accident victims, we offer lawsuit loans to tide you over until your settlement arrives.
- Rideshare Accident Loans: Have you been involved in a rideshare accident? We can provide a lawsuit loan while your case is being resolved.
- Semi-Truck Accident Loans: Semi-truck accidents can lead to high medical costs. A lawsuit loan from us can provide assistance as your case progresses.
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 Georgia
LawsuitLoans.io provides funding throughout Georgia. See more about our funding in Georgia by visiting the city pages below:
Other Cases we Fund in Georgia
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Georgia. Read more about the personal injury cases we fund in Georgia 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 Georgia here: