Alaska Pedestrian Accident Loans

What Are Pedestrian Accident Loans in Alaska

If you’ve been injured as a pedestrian in Alaska, chances are you’re dealing with many hardships. There’s the physical pain and emotional trauma of the accident itself, the medical bills that keep stacking up, and possibly even lost earnings if you cannot work. A solution that can bring relief in these hard times is a pedestrian accident loan.

But what exactly is a pedestrian accident loan? It’s a type of funding that LawsuitLoans.io provides to plaintiffs who have been injured in car accidents while they were pedestrians. It’s not really a loan but a non-recourse advance on a future car accident settlement. How does it work?

It’s pretty straightforward: A plaintiff applies for funding with LawsuitLoans.io. If your application gets approved, the company advances you a part of your anticipated settlement. This money helps cover any financial burdens resulting from the accident while your legal case works its way through the courts.

The term non-recourse is important here. If you win your case, you repay LawsuitLoans.io out of your settlement amount. But if you lose your legal case, no money is owed back. That’s right: It’s risk-free financing for plaintiffs awaiting their legal case resolution.

Key Information About Car Accident Loans in Alaska

If you’ve been injured in a car accident in Alaska and are pursuing a lawsuit, LawsuitLoans.io can support you with a pre-settlement loan during your case. See the table below for key information on car accident loans in Alaska:

Am I Eligible for a Pedestrian Accident Loan in Alaska?

When it comes to car accident lawsuit loans, most plaintiffs may be curious about the eligibility criteria. Not to worry, the requirements are straightforward and easy to understand. Here’s what you need to know:

Primary eligibility revolves around three main factors:

• Having a valid legal claim: This means that you’ve suffered injuries from an accident due to someone else’s negligence—be it an insurance company or a self-insured company—and you’re looking to pursue a legal course of action against them. Essentially, your claim needs to have a solid basis.
• Having legal representation: You need to have an attorney hired on a contingency basis. This implies that your attorney agrees to get paid only if you win your lawsuit. The intent behind this requirement is to determine if your case stands a chance in court, as an attorney agreeing to such terms usually indicates their belief in the potential success of the case.
• Age Requirement: You must be at least 18 years old. This requirement exists due to legal age restrictions involving the ability to enter into contracts.

In summary, if you are within the legal age limit, have a lawyer who works on a contingency basis, and possess a track-record of strong claims against insured companies, you’re likely eligible for pedestrian accident lawsuit loans in Alaska. Feel free to contact us via our toll free number (800) 340-4973 or apply directly through our website at LawsuitLoans.io funding application today.

Types of Pedestrian Accident Claims in Alaska

Every day, countless pedestrians navigate the streets and sidewalks in Alaska. Unfortunately, accidents do occur, leading to serious injuries and even fatalities. Let’s discuss a few types of pedestrian accident claims commonly seen in Alaska.

Intersections and crosswalks: A large portion of pedestrian accidents happen at intersections and crosswalks. Whether due to lack of visibility, inattention, or blatant disregard from motorists, the chances of accidents happening are quite high. Riders who fail to yield or pay attention to traffic signals can be found liable and held responsible for the damages caused.

Parking lots: Accidents also occur frequently in parking lots, often resulting from failure to adhere to the designated speed limit, not observing pedestrian right-of-ways, or neglecting to look out for pedestrians while backing out of parking spaces. In such cases, fault may land squarely on the driver.

Drunk driving: Sadly, many pedestrian accidents are the result of impaired driving. Motorists under the influence are less able to react appropriately to pedestrians and hence, likely to be deemed at fault in most instances.

In Alaska, determining who is at fault in a pedestrian accident depends on the ‘comparative negligence’ law. Under this law, each party’s percentage of fault is determined and that party is liable for that same percentage of the damages. Therefore, even if a pedestrian is partly at fault, they may still receive compensation proportional to the other party’s degree of fault.

It’s important to understand these factors when filing a personal injury claim after a pedestrian accident. This way, you have a better chance of success in your lawsuit. Remember, no matter the circumstances of your accident, LawsuitLoans.io is here to help you with your financial needs as you await the resolution of your legal case.

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. If your case is still in progress, we can advance you up to a maximum of 25% of what you’re expected to receive from the settlement. If your case has settled, we can offer you 50% of your expected portion of the settlement.

Let’s illustrate this using an example. Consider a plaintiff in Alaska who has a pedestrian accident case with an estimated value of $300,000. The case isn’t expected to settle for some time. Here, medical providers usually receive about a third of the settlement, and the attorney gets another third. The plaintiff would then, essentially, receive around $100,000. In such a case, we could advance about 25% of that amount – which means the plaintiff could get a lawsuit loan of approximately $25,000.

Roadway Accident Cases we Fund in Alaska

At LawsuitLoans.io, we fund almost any type of roadway accident in Alaska. Here are some of the accident cases we can provide funding for:

• Bicycle Accident Loans: Help with your expenses while awaiting settlement from a bike accident claim.
• Car Accident Loans: Some relief while you wait for a resolution to your car crash case.
• Commercial Vehicle Accident Loans: Financial support as you settle your claim involving a commercial vehicle.
• Government Vehicle Accident Loans: Funding is available if you’re dealing with a claim against a government vehicle.
• Motorcycle Accident Loans: Get the funds you need while your motorcycle accident claim is resolved.
• Pedestrian Accident Loans: We can help you cope financially as your pedestrian accident claim unfolds.
• Rideshare Accident Loans: Keep going while you’re waiting on a settlement from a rideshare accident claim.
• Semi-Truck Accident Loans: Funding is available while your claim involving a semi-truck is being settled.

Cities we Service in Alaska

LawsuitLoans.io provides funding throughout Alaska. See more about our funding in Alaska by visiting the city pages below:

• Anchorage
• Fairbanks
• Juneau
• Wasilla
• Sitka

Other Cases we Fund in Alaska

LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Alaska. Read more about the personal injury cases we fund in Alaska 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 Alaska here:

• Car Accident Loans
• Rideshare Accident Loans
• Motorcycle Accident Loans
• Bike Accident Loans
• Semi Truck Accident Loans
• Commercial Vehicle Accident Loans
• Government Vehicle Accident Loans