Financial Relief for Pedestrian Accident Plaintiffs in Michigan Through Litigation Funding

Financial Relief for Pedestrian Accident Plaintiffs in Michigan Through Litigation Funding

Pedestrian accidents are life-altering events that bring confusion and worry for victims and their families. If you or a loved one has been injured in such an accident in Michigan, you may be feeling overwhelmed by medical bills, lost wages, and the uncertainty of the legal process. We want you to know that you are not alone. At our firm, we understand the difficulties you face, and we are here to help you navigate this challenging time.

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Understanding Your Rights After a Pedestrian Accident

Michigan laws provide protections for pedestrians injured in traffic accidents, but understanding these laws and pursuing a claim can be complex. Victims often feel lost when dealing with insurance companies or at-fault drivers, especially when their primary focus is on recovery. Compensation for medical expenses, lost wages, and pain and suffering is available for many pedestrian accident plaintiffs, but obtaining that relief requires a well-prepared case.

Litigation can be a lengthy process, and many victims struggle financially while awaiting a settlement. This is where litigation funding, also known as lawsuit funding, can provide significant assistance. It offers financial relief during your case, allowing you to focus on healing without the added burden of financial stress.

How Litigation Funding Works in Michigan Pedestrian Accident Cases

Litigation funding is a financial tool that provides plaintiffs with the money they need while their case is pending. The process involves securing a cash advance against your anticipated settlement or jury award. These funds can be used for a variety of needs, such as paying medical bills, covering living expenses, or managing daily financial obligations.

Unlike a traditional loan, litigation funding is non-recourse, meaning you only repay the advance if you win your case. This provides a layer of security for plaintiffs who are already dealing with significant uncertainties. It allows you to avoid settling for less than you deserve simply because you need immediate funds to make ends meet.

The Benefits of Litigation Funding for Pedestrian Accident Plaintiffs

Recovering from a pedestrian accident often requires extensive medical care and rehabilitation. Many victims face mounting expenses during this time, especially if they are unable to work. Litigation funding helps bridge the financial gap, enabling plaintiffs to maintain their quality of life without compromising their legal strategy.

- 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.

Having financial stability during the legal process can improve your ability to pursue a fair outcome. Insurance companies often try to pressure victims into accepting low settlement offers, knowing that plaintiffs may be desperate for immediate cash. With litigation funding, you have the resources to stand firm and negotiate from a position of strength.

Eligibility for Litigation Funding in Michigan

To qualify for litigation funding, you must have a valid legal claim related to your pedestrian accident. The funding company will assess your case, often in consultation with your attorney, to determine the likelihood of success and the estimated value of your claim. Once approved, you can receive the funds quickly, sometimes within days.

It is important to work with a trusted legal team that can guide you through this process and ensure your rights are protected. Your attorney plays a key role in helping the funding company evaluate your case and in advocating for your best interests.

Building a Strong Pedestrian Accident Case

The strength of your case depends on the evidence you present and the legal arguments made on your behalf. This includes gathering police reports, medical records, witness statements, and any available video footage of the accident. Establishing liability is crucial, as Michigan follows a comparative negligence rule, which may reduce your compensation if you are found partially at fault.

An experienced legal team will thoroughly investigate your case to identify all potential sources of compensation, including the at-fault driver’s insurance policy and other applicable coverage. They will also ensure that your claim complies with Michigan’s statute of limitations and other procedural requirements.

Related Videos

Applying For Lawsuit Funding

Types of Cases We Fund

The Role of Legal Representation in Securing Financial Relief

Navigating a pedestrian accident case requires a knowledgeable advocate who can guide you through the complexities of Michigan’s legal system. Your attorney will handle negotiations with insurance companies, file necessary court documents, and represent you in court if a trial becomes necessary.

In addition to pursuing compensation for your injuries, your attorney can help you explore options for litigation funding. They will work to connect you with reputable funding providers and ensure that the terms of any agreement are fair and transparent.

Addressing Common Misconceptions About Litigation Funding

Many people are hesitant to consider litigation funding due to misunderstandings about how it works. Some worry that it is a risky financial decision, but litigation funding is designed to be low-risk for plaintiffs. Because repayment is contingent on the outcome of your case, you are protected from financial harm if your claim is unsuccessful. Additionally, reputable funding companies are transparent about their terms, ensuring that plaintiffs understand the cost and repayment structure before agreeing to anything.

Another misconception is that litigation funding could negatively impact your case. In reality, the funding process operates independently of your legal claim. Your attorney will remain focused on building a strong case while you use the funds to manage your immediate financial needs. This separation ensures that your legal strategy is not compromised by financial considerations.

Overcoming Financial Challenges Without Compromising Your Health

Recovering from a pedestrian accident can be physically and emotionally draining. Many victims face the difficult decision of prioritizing their health over their financial responsibilities. With litigation funding, you do not have to make that choice. By alleviating the stress of unpaid bills and daily expenses, this financial support allows you to focus entirely on your recovery. Whether it involves ongoing medical treatments, physical therapy, or counseling, litigation funding ensures that you have the resources to heal without sacrificing your financial stability.

When financial pressures are managed, plaintiffs are often in a better position to make informed decisions about their case. The ability to avoid settling prematurely gives you the time and flexibility to pursue the compensation you truly deserve. This long-term perspective is essential for achieving the best possible outcome.

Partnering With a Legal Team That Understands Your Needs

The success of your pedestrian accident case depends heavily on the legal representation you choose. Your attorney should not only have a deep understanding of Michigan pedestrian laws but also a compassionate approach to addressing your concerns. At every stage of the process, your legal team will work to protect your rights, secure evidence, and advocate for your best interests.

A skilled attorney will also help you weigh the benefits of litigation funding and connect you with reputable providers. They will ensure that any funding agreements align with your overall legal strategy, protecting you from unnecessary financial risks. By partnering with a legal team that prioritizes your well-being, you gain both the legal and financial support you need to navigate this challenging time.

Taking the Next Steps Toward Financial Relief

If you are struggling financially after a pedestrian accident, know that you do not have to face this battle alone. Litigation funding offers a practical solution for plaintiffs who need immediate financial assistance while pursuing justice. By working with a dedicated legal team, you can access the resources you need to move forward with confidence.

At Fast Funds, we are committed to helping pedestrian accident plaintiffs in Michigan secure the financial relief they deserve. Contact us today to learn how we can support your case and guide you toward a successful resolution. Our experienced team is ready to stand by your side every step of the way.