The Benefits of Litigation Funding for Pedestrian Accident Claims in Texas

The Benefits of Litigation Funding for Pedestrian Accident Claims in Texas

If you have been involved in a pedestrian accident in Texas, we understand the stress and confusion you might be feeling. Navigating a personal injury claim can feel overwhelming, especially if you are dealing with medical bills, lost wages, and the emotional toll of your injury. You may be wondering how you are going to afford legal help or how to manage expenses during the litigation process. At Fast Funds, we are here to help guide you through this difficult time and ensure you get the support you need.

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Many people don’t realize that there are options available to help ease the financial strain of pursuing a pedestrian accident claim. One of these options is litigation funding, which can provide financial assistance throughout the duration of your case. In this blog, we will explore the benefits of litigation funding and how it can help you achieve a successful outcome in your pedestrian accident claim.

What is Litigation Funding?

Litigation funding is a financial option that helps plaintiffs cover the costs associated with a lawsuit. It is designed to provide individuals with the resources they need to pursue legal action without having to worry about the costs of litigation. If you are involved in a pedestrian accident case and you are unable to pay for your attorney’s fees, medical expenses, or other associated costs, litigation funding could be the solution you need.

Unlike traditional loans, litigation funding is not based on your credit score or ability to repay. Instead, the funding is provided based on the strength of your case. If your case is successful and you receive a settlement or award, the funding company is repaid from the proceeds. If your case does not result in a favorable outcome, you are not required to pay back the funds.

How Litigation Funding Can Help Pedestrian Accident Victims

Pedestrian accident claims can be complex, often involving multiple parties, including insurance companies, medical providers, and the at-fault driver. The process can be lengthy, and the costs associated with medical treatments, legal fees, and lost wages can quickly add up. This can create additional stress and anxiety for victims who may already be struggling to recover from their injuries.

- 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.

Litigation funding can help alleviate this burden by providing financial support during the case. With this funding, you can focus on your recovery and your legal case without constantly worrying about how to make ends meet. Whether it is covering medical expenses, hiring an attorney, or paying for other necessary services, litigation funding can help you stay financially stable while you wait for your case to resolve.

Providing Financial Stability During a Long Litigation Process

One of the biggest challenges in pedestrian accident claims is the length of time it can take for a case to reach a settlement or court decision. Pedestrian accident cases often require extensive investigation, expert testimony, and negotiations with insurance companies. This means that it could take months or even years before you see a settlement or judgment.

During this time, it can be difficult to cover living expenses, medical bills, and other financial obligations. If you are unable to work due to your injuries, the financial strain can become even more pronounced. Litigation funding helps bridge this gap by providing a cash advance while your case is ongoing. This allows you to focus on your recovery without worrying about your finances, which can ultimately contribute to a better outcome in your case.

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How Litigation Funding Can Improve Your Case Outcome

Having access to litigation funding can also help improve the overall outcome of your pedestrian accident claim. When you are financially secure, you can afford to hire the best possible legal representation and cover the costs of expert witnesses, medical evaluations, and other necessary services. This can make a significant difference in the strength of your case.

With the right resources, your attorney can build a more compelling case on your behalf, increasing the likelihood of a favorable settlement or judgment. Additionally, litigation funding can give you the flexibility to reject lowball offers from insurance companies, knowing that you have the financial resources to hold out for a better deal. This can help you secure a higher settlement or award, ensuring that your medical expenses, lost wages, and other damages are fully compensated.

What to Consider Before Using Litigation Funding

While litigation funding can be a helpful tool, it is important to understand how it works and the terms associated with it. Litigation funding is not a free service, and the funding company will typically charge a fee based on the amount of funding provided. The fee is usually a percentage of your settlement or award, and it can vary depending on the complexity of your case and the amount of funding required.

Before accepting litigation funding, it is essential to review the terms carefully and ensure that you understand the costs involved. Your attorney can help you assess whether litigation funding is the right choice for your case and ensure that you are making an informed decision. At Fast Funds, we are committed to helping you understand all your options and ensure that you have the resources you need to succeed.

If you are struggling to pay for legal fees or medical bills while pursuing your pedestrian accident claim, litigation funding may be the solution you need. At Fast Funds, we are dedicated to helping clients like you access the financial resources necessary to support their legal cases. We understand that this is a challenging time, and we are here to provide the guidance and financial assistance you need to get the justice you deserve.

We work with reputable litigation funding companies to ensure that you have access to the best possible resources. Our team will walk you through the process and ensure that you are fully informed every step of the way. With our help, you can focus on your recovery and leave the financial concerns to us. We are here to help you secure a successful outcome in your pedestrian accident case.

If you are ready to learn more about how litigation funding can help you with your pedestrian accident claim in Texas, contact Fast Funds today. Our team is here to provide the support and guidance you need during this difficult time. Let us help you get the compensation you deserve so you can focus on healing and moving forward.

To learn more about this subject click here: Financial Relief for Pedestrian Accident Plaintiffs in Michigan Through Litigation Funding