Oregon 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 Oregon
If you’re a plaintiff injured as a pedestrian, you might be wondering how to cope financially while you wait for your case to resolve. Here’s where pedestrian accident loans come into play. These are not actually “loans” in the typical sense. Instead, they are pre-settlement funding options provided by companies like LawsuitLoans.io.
Let’s get a clear understanding of how it works. Basically, a pedestrian accident loan is a non-recourse cash advance against your future car accident settlement. This means that you only need to repay the funds if and when you win or settle your case. If your case does not result in a favorable verdict or settlement, you owe nothing.
This is how pedestrian accident loans can provide critical financial relief to plaintiffs involved in prolonged litigation processes. The process to apply for this type of funding is simple and can be started online through LawsuitLoans.io funding application. We are here to help provide financial stability as you await a resolution in your legal case.
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 Oregon
In Oregon, car accident loans available through LawsuitLoans.io are an essential lifeline for many plaintiffs. These pre-settlement loans offer funds as plaintiffs wait for the resolution of their legal case. Financial relief can make a significant difference to those facing the aftermath of a car crash, helping them cover medical bills and other living costs as they fight for justice. Importantly, the below table provides some key facts about car accident loans in this state.
| Average car accident loan amount by LawsuitLoans.io in Oregon | $18,927.10 |
| Largest car accident loan by LawsuitLoans.io in Oregon | $123,059.00 |
| Average interest rate in Oregon | 20.4% |
| Median personal injury verdict in Oregon | $36,721.00 |
| Oregon statute of limitations | 2 Years; Chapter 12 Section 12.110 |
| Oregon fault laws | Oregon is a “no-fault” state for PIP (Personal Injury Protection) insurance, but also operates under “at-fault” rules for determining who pays for property damage and additional personal injury costs. |
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 Oregon?
If you were involved in a pedestrian accident in Oregon and pursuing a lawsuit, you may be eligible to receive a lawsuit loan. But what are the key eligibility parameters? The main requirements include:
- A valid legal claim: The first criterion is that you must have a legitimate legal case against an insurance company or a self-insured entity such as a business.
- Lawyer representation: You must have an attorney working on your case. Besides, this lawyer must be working on a contingency basis—meaning they only get paid if they win the case or secure a settlement for you.
- Age requirement: Applicants for a lawsuit loan must be at least 18 years old.
These are the primary restictions. However, every pedestrian accident case is different, and other factors might influence your eligibility as well.
Types of Pedestrian Accident Claims in Oregon
Pedestrian accident claims cover a wide range of incidents, all involving an individual on foot who gets hurt by a motor vehicle. Let’s take a look at a few typical examples of pedestrian accidents in Oregon, and how fault laws in the state could affect the outcome for the people that got hurt.
The most frequent form of pedestrian accident is vehicle collisions. This happens when a driver hits a person crossing the road, walking along the road or just standing on the roadside. Speeding, distracted driving, impaired driving or disregard of traffic signals are often to blame for these kinds of accidents.
Another common type of collision includes those involving bicycles. Often times, cyclists share the same pathways with pedestrians, and under certain conditions, a cyclist could collide with a pedestrian causing injury.
Railway accidents are also included in pedestrian accident cases. These occur when someone walking near railway tracks, whether attempting to cross or otherwise, ends up getting hit by an approaching train.
A peculiar factor that could influence a plaintiff’s opportunity for success in these lawsuits, is the interpretation of Oregon’s comparative fault laws. In essence, these laws help determine the degree of each party’s responsibility in the accident. For example, if a pedestrian was found to be 10% responsible for an accident, their reward would decrease proportionally by 10%.
In conclusion, being conscious about the circumstances that led to your injury and how it could potentially interact with Oregon’s fault laws is crucial when you pursue a pedestrian accident claim in the state. It ultimately helps understand what your opportunities in winning your case could be.
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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 up to a maximum of 25% of your expected portion of the settlement. For settled cases, we can offer up to 50% of your expected portion of the settlement.
Let’s take an example of a plaintiff in Oregon who has a pedestrian accident case with an estimated value of $300,000. The case is still in progress, and will not settle for some time. As a general rule of thumb, medical providers tend to receive around one third of the settlement, and the attorney takes another third. This leaves the plaintiff with approximately $100,000. In this scenario, LawsuitLoans.io could potentially advance around 25% of that amount, or $25,000.
Roadway Accident Cases we Fund in Oregon
We fund almost any type of roadway accident in Oregon. Below is a list of some specific cases we cover:
- Bicycle Accident Loans – We offer loans to bicyclists injured in accidents.
- Car Accident Loans – Car accident victims can get funding while they wait for their claims to settle.
- Commercial Vehicle Accident Loans – Those injured in commercial vehicle incidents are eligible for our loans.
- Government Vehicle Accident Loans – LawsuitLoans.io offers funding to those hurt in accidents with government vehicles.
- Motorcycle Accident Loans – Motorcyclists injured on the road can apply for pre-settlement funding.
- Pedestrian Accident Loans – Pedestrians injured by motor vehicles can seek financial help through our loan service.
- Rideshare Accident Loans – If you’re injured in a ridesharing accident, we can provide financial support.
- Semi-Truck Accident Loans – You can get help if you’re hurt in a semi-truck accident.
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.
Other Cases we Fund in Oregon
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Oregon. Read more about the personal injury cases we fund in Oregon 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 Oregon here: