Pedestrian Accident

Funding Your Legal Case After a Pedestrian Accident in Michigan: What You Need to Know

Posted on by Fast Funds
Funding Your Legal Case After a Pedestrian Accident in Michigan What You Need to Know
11
Oct

Pedestrian accidents are a common occurrence in Michigan, where busy streets and crosswalks often put people walking on foot in danger. If you’ve been hit by a car or another vehicle while walking, it can be a devastating experience. The physical injuries alone can be overwhelming, and when you add the emotional distress and the financial burden that follows, the situation can become even harder to deal with. The medical bills start piling up, and many victims find themselves unable to work because of their injuries. This leaves them in a difficult position, wondering how they will afford to pay for all of these unexpected expenses. One option for victims of pedestrian accidents in Michigan is to seek legal funding. This can provide a way to help cover costs while waiting for the legal process to play out. At, Fast Funds , we are here to guide you through the legal process and help you navigate the complexities of your case.

Fast Funds Badges

Understanding how legal funding works in Michigan is important if you’ve been involved in a pedestrian accident. Knowing what to expect can help ease your mind during this difficult time. Legal funding is designed to help victims who are pursuing compensation for their injuries but need money right away to cover bills and other expenses. It can provide some relief as you wait for your case to be resolved, allowing you to focus on your recovery instead of stressing over finances.

What Is Legal Funding and How Does It Work?

Legal funding, also known as pre-settlement funding, is a type of financial assistance available to those who have filed a lawsuit and are waiting for the outcome. It is not a loan, but rather an advance against the settlement or compensation you expect to receive from your legal case. This type of funding can be extremely helpful if you’ve been in a pedestrian accident in Michigan and are struggling with financial difficulties while your case is pending.

The process of obtaining legal funding is relatively simple. After filing a personal injury lawsuit for your pedestrian accident, you can apply for legal funding with a funding company. The company will review the details of your case, including the likelihood of winning and the expected settlement amount. If they believe you have a strong case, they may offer you an advance on your settlement. This money can be used to cover medical expenses, living costs, and any other bills you have while waiting for your case to be settled. One of the key benefits of legal funding is that it is non-recourse. This means that if you do not win your case, you do not have to repay the money you received.

- WHAT CLIENTS ARE SAYING -

In June, my wife and I asked our attorney about giving us a loan against any settlement proceeds from our case. He told us that the state bar does not
permit lawyers to participate in the financing of clients. The offer of settlement was very low so the case needed to be filed in court. I called Fast Funds. Within 24 hours, I had entered into an agreement with them, selling a very small portion of the anticipated proceeds to them in exchange for immediate financing. Now my suit is in court and I don't have to worry about money until it's outcome. Thank god for Fast Funds
B.G.
As a result of the advances you have made to our client, we were able to refuse an extremely low settlement offer and take the case to court. We settled the day of the trial for a very generous sum. Had there been no advances by Fast Funds, our client would have had no choice but to accept the inadequate offer since he was in severe debt due to his inability to work. Thank you for your helpful assistance in providing our client with the ability to persevere.
C.F.
I was involved in an accident which took my left leg. I was forced to live homeless for eleven months. Thanks to the Fast Funds people advancing money. I now live in an apartment,I am walking on a prosthetic and otherwise getting my life back together, even though my attorney has not yet settled my lawsuit. I don't know what I would have done for money because the insurance company has offered nothing so far.
A.R.S.
I was involved in an auto accident which caused me to suffer a herniated disc. Because of this injury, I was forced to miss many months of work. I had no income and no place or person to turn to for money. My attorney told me he was unable to help with any financing and the insurance company was refusing to settle the case. I turned to a company called Fast funds. They immediately reviewed my file and took the financial pressure off by providing me with interim financing. I am now able to wait for as long as it takes for my lawyer to achieve a successful result in my case. Without the financial involvement of Fast Funds, I don't know what I would have done.
K.P.
I wanted to thank you for your sensitivity in helping me cope through a very difficult time in my life. Without your help, I would have been unable to pay my rent , forcing my wife and children to be put on the street. I have not been able to return to work and I was tempted to accept the insurance company's very low offer to settle, even though I knew it was not fair or reasonable. You have given me the ability to withstand the financial pressures. Thanks for your help. I will never forget it
C.S.
I have in the past referred clients to Fast Funds Inc., a non-recourse company. The experience of my clients
and my firm were totally positive. Fast Funds was responsive to the clients financial and emotional needs, provided the necessary emergency money and did not interfere in any manner with my handling of the cases. The clients, without my input, negotiated the advance directly with the company. In each case, they were completely satisfied with the final result of the case, including the amount of profit earned by Fast Funds. Non-recourse funding is clearly a valuable tool to the plaintiff's attorney.
M.J.L.
"I am writing to recommend the valuable assistance of the Fast Funds Inc., a company that provided interim funding to financially needy clients. They help to insure that a case will be brought to a successful resolution. A good case in point is when I was offered $75,000.00 for a seriously injured client. Had she not been able to take advantage of the advance financing offered by Fast Funds, I would have been forced to take the money. As it turned out, because my client now had the financial ability to withstand the pressures of time, I tried the case to a jury and received a verdict of $315,000.00.
M.S.D.
It is my belief that non-recourse companies, such as Fast Funds, the company to whom I refer my needy clients, perform an invaluable service to both the client and the attorney. Simply put, it is common knowledge that one of the tools negotiation utilized by insurance companies is time. Offering
considerably less money than the actual case value to a client in desperate need of funds while the case is pending, gives the insurance companies a tremendous advantage. This advantage is minimized and the playing field is leveled when the client has the ability to obtain funds for a minimal portion of the anticipated proceeds. Many times, with no prospects of income, an injured party will settle the case for whatever offer is made.
R.J.F.

Why Legal Funding Can Be Beneficial After a Pedestrian Accident in Michigan

If you have been involved in a pedestrian accident in Michigan, you may be entitled to compensation for your injuries, medical expenses, lost wages, and pain and suffering. However, the legal process can be lengthy, and it may take months or even years before you receive a settlement. During this time, you may struggle to pay your bills, especially if you are unable to work because of your injuries.

Legal funding can provide immediate financial relief, allowing you to cover your expenses while waiting for your case to be resolved. Many victims of pedestrian accidents find themselves in a tough situation where they are facing significant medical bills, and this can add an enormous amount of stress to an already challenging time. With legal funding, you can access the money you need right away without having to wait until your case is over. This can give you the breathing room you need to focus on your recovery rather than worrying about how to make ends meet.

The Process of Filing a Lawsuit After a Pedestrian Accident in Michigan

If you’ve been involved in a pedestrian accident in Michigan, the first step to seeking compensation is filing a personal injury lawsuit. This process involves several important steps that can take time to complete. After the accident, it’s essential to seek medical attention right away, even if you feel fine at first. Injuries from pedestrian accidents can sometimes be hidden or delayed, so getting checked by a doctor is crucial.

Related Videos

Applying For Lawsuit Funding

Types of Cases We Fund

Next, you’ll need to contact an attorney who is experienced in handling pedestrian accident cases in Michigan. Your attorney will help you gather evidence, such as medical records, witness statements, and police reports, to support your case. They will also help you determine who is at fault for the accident and whether you are entitled to compensation. This may involve negotiations with the driver’s insurance company or, in some cases, taking the case to court.

The legal process can be complex and time-consuming. It can take weeks, months, or even years to resolve a pedestrian accident case, depending on the circumstances. During this time, it can be difficult to manage your finances, especially if you are unable to work due to your injuries. This is where legal funding can make a big difference. By providing you with the money you need to cover your expenses while your case is being resolved, legal funding can help ease the financial strain and allow you to focus on recovering from your injuries.

How to Qualify for Legal Funding in Michigan

Qualifying for legal funding after a pedestrian accident in Michigan is generally a straightforward process. The most important factor in determining your eligibility is the strength of your legal case. If you have filed a lawsuit and have a reasonable chance of receiving a settlement, you may be eligible for legal funding. The funding company will review your case and consider factors such as the extent of your injuries, the circumstances of the accident, and the likelihood of a successful outcome.

Unlike traditional loans, legal funding does not require a credit check or employment verification. The decision to provide funding is based solely on the details of your case. This makes it an accessible option for victims of pedestrian accidents who may have limited financial resources or are unable to work because of their injuries.

Once your case has been reviewed and approved, you can receive the funds relatively quickly, often within a few days. The money can be used to cover any expenses you have, from medical bills to rent or mortgage payments. It’s important to remember that legal funding is an advance on your settlement, so you will be required to repay the amount if you win your case. However, if you lose, you will not be responsible for repaying the funds.

The Role of an Attorney in Securing Legal Funding

Having an attorney by your side is crucial when pursuing legal funding after a pedestrian accident in Michigan. Your attorney plays a key role in not only helping you file your lawsuit but also in communicating with the legal funding company. They will provide the necessary documentation and information about your case to ensure that you receive the financial assistance you need.

Your attorney can also help you understand the terms of the legal funding agreement, ensuring that you make an informed decision. It’s important to have a clear understanding of the amount you will receive, the fees associated with the funding, and the repayment process. With the guidance of an attorney, you can feel confident in your decision to seek legal funding and focus on your recovery without the added stress of financial worries.

What to Keep in Mind When Considering Legal Funding

While legal funding can be a helpful resource for those struggling with the financial aftermath of a pedestrian accident in Michigan, it’s important to consider all of your options before making a decision. Legal funding can provide immediate relief, but it’s also important to understand the terms of the agreement, including the fees and repayment requirements. Talking to your attorney about the pros and cons of legal funding can help you make the best decision for your situation.

It’s also important to work with a reputable legal funding company. There are many companies out there that offer legal funding, but not all of them have your best interests in mind. Be sure to do your research and choose a company that has a track record of providing fair and transparent funding options for personal injury victims. Your attorney can also help guide you in choosing a trustworthy legal funding provider.

Keep in mind that legal funding is just one option available to you. In some cases, you may be able to negotiate with your medical providers or other creditors to delay payments until after your case is settled. Exploring all of your options with the help of your attorney can help you find the best solution for your financial needs.

If you have been injured in a pedestrian accident in Michigan and are struggling with the financial burden while waiting for your case to be resolved, legal funding can be a valuable resource. It can provide you with the money you need to cover medical bills, living expenses, and other costs while your lawsuit is pending. Fast Funds can help you get the financial support you need during this challenging time. By offering quick and easy legal funding solutions, Fast Funds is dedicated to helping accident victims get back on their feet. Contact Fast Funds today to learn more about how we can assist you with legal funding for your pedestrian accident case in Michigan.