Inattentive drivers and poor road conditions are a few factors that can lead to bicycle accidents. Because of the significant size difference between bicycles and automobiles, collisions often result in catastrophic injuries. The law allows victims to recover compensation for their injuries.
Unfortunately, this normally involves a prolonged legal battle. In the meantime, the victim is left unable to work and facing financial ruin. Lawsuit funds for bicycle accidents offer financial lifelines to individuals struggling to make ends meet while they pursue their personal injury case.
In This Article
What is Pre-Settlement Lawsuit Funding?
Pre-settlement lawsuit funding, or legal funding, is a way to receive cash now based on the anticipated settlement in a personal injury case. Funding is completely risk-free and is not a loan.
If the case successfully settles, the cash is repaid out of the proceeds of the settlement. If there is no recovery, the money does not have to be paid back! This is a significant distinction from a standard loan or a cash advance, which must be repaid regardless of the outcome.
Types of Bicycle Accident Cases Eligible for Legal Funding
Anyone injured while riding a bike and whose injuries are the result of someone else’s negligence may be eligible for legal funding. For example, a plaintiff who was riding their bike within a designated bike lane and struck by a drunk driver would be eligible for funding since the law would clearly assign liability to the drunk driver.
We have provided financial assistance to plaintiffs with injuries ranging from lacerations and soft tissue damage to brain damage and bone fractures.
Common Bicycle Accident Injuries Covered By Legal Funding
Even if you follow bicycle safety guidelines, being struck by a negligent motorist can be extremely detrimental. Bicycle injuries can range from fairly minor to life-changing and expensive. Here are some of the most common injuries from bicycle accidents:
- Wrongful death
- Head injuries
- Traumatic brain injuries (TBI)
- Bone fractures
- Cuts and scrapes
- Loss of limb
The scale and scope of your injuries and whether or not another party was clearly responsible for them will determine how much legal funding you can obtain.
The Benefits of Lawsuit Funding
Lawsuit funding is a way to bridge the gap between the time of an accident and when the case finally settles. We are different from other legal funding companies because we have no upfront charges or hidden fees. The application is simple. We don’t check your credit and you don’t need a job in order to be eligible to apply!
Our knowledgeable specialists make all the necessary arrangements with your attorney and can transfer the cash in as little as 24 hours after approval. There are also no restrictions on how the money can be spent! Clients are free to use the cash to pay their monthly bills or pay back an unrelated debt.
Do I Need Approval From My Attorney to Obtain Lawsuit Funding?
If you want to obtain lawsuit funding, you will need to obtain approval of your attorney in order to do so. Without their approval, you won’t be able to obtain legal funding even if you qualify for it. If your attorney drops your case or you have to change to a new one, be sure to notify your funding company immediately, or you could jeopardize your access to the funds.
Apply for Free for Pre-Settlement Funding
High Rise Financial believes that victims of bicycle accidents should be able to focus on healing instead of worrying about how to pay their rent. We are available 24 hours a day to answer any additional questions you may have and to help you start the application process. Please call us or submit an application online today!