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Litigation Funding Blog

Litigation Funding For Pedestrian-Auto Accidents

November 18, 2016

When a driver hits a pedestrian, often the biggest question is: Whose fault was the accident?
Determining fault can sometimes be a complicated process. Did the driver run a red light? Was the driver speeding? Was the driver intoxicated? Did the pedestrian wander out into traffic while texting? Could either person have avoided the accident? In some cases, both the driver and the pedestrian can be negligent. For example, the pedestrian may be crossing the street illegally while the driver is traveling in excess of the posted speed limit.

Some states follow what is called a “pure contributory negligence” rule. This means that if the pedestrian contributed in the slightest bit to the accident, then he and his auto insurance company cannot recover damages from the driver and his auto insurance company. Other states follow a “comparative fault” rule. This means that a pedestrian can recover some damages even if he was partly at fault.

If you can prove that you suffered a loss and that the injury was a direct result of the driver’s negligence, you may be able to receive financial compensation for your losses. But, insurance companies will typically try to reach a quick settlement and limit recovery to the lowest possible amount, before you retain an attorney. Avoid the trap of agreeing to settle too early for too little. Always consult with an attorney first; there may be future medical expenses, lost wages, and additional damages that you do not know about or did not consider.

Once you file a lawsuit, how will you pay your bills while you wait for your settlement? It’s easy, with our pedestrian accident litigation funding. Litigation funding allows you to get the cash you need to pay your bills and get on with your life while your attorney seeks the maximum settlement. The application takes less than five minutes to complete and funding can be available within 24 – 48 hours after we received the necessary documentation to determine the merits of the case. There are no application fees, credit checks, employment history verifications, or monthly payments.

Ask your attorney for advice on whether pedestrian lawsuit funding would be the right move for your situation. Then, call Litigation Funding Corporation and see how we can help you meet your financial obligations as you wait for your case to settle.

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