Funding After a Truck Accident

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Funding After a Truck Accident

by | Feb 19, 2022 | Uncategorized | 0 comments

Get the Financial Help You Need After a Truck Accident

If you have been injured in a trucking accident but need financial help now, you may be eligible for pre-settlement legal funding. Legal funding helps to provide financial assistance for injury victims and their families while they wait for a settlement on their case.

At Triumph Legal Funding, we provide funding for truck accident victims nationwide. Our fast, easy process ensures that attorneys and their clients receive financing in as little as 24 hours. If you suffered an injury in a truck accident but need money, now contact our office at (973) 362-3500 to apply for funding.

How Common Are Truck Accidents?

The Insurance Institute for Highway Safety (IIHS) estimates that 4,119 people died in large truck crashes in 2019. The vast majority (67%) of those killed were occupants of other vehicles. During that year, large truck crashes accounted for 11% of all fatal motor vehicle accidents. 

Given their weight and size, large truck accidents are rarely minor. Most of the time, crashes involving semi-trailers, 18-wheelers, or tractor-trailers result in severe injury or death. Despite a number of state and federal regulations, many truck drivers exceed the permissible number of driving hours.

What Are the Leading Causes of Truck Accidents?

Truck accidents may be caused by one or more factors. An attorney can help you understand what your rights are after a trucking accident and whether you should pursue litigation against a negligent operator and their employer.

Leading causes of truck accidents include:

  • Fatigue
  • Inexperience
  • Poor weather or road conditions
  • Malfunctioning brakes or other auto parts
  • Impaired driving
  • Operator inattention
  • Speeding
  • Improperly loaded cargo

If you are involved in a truck accident, you need to consult with an experienced attorney. If you have an attorney but need funding before your settlement, contact our office to discuss your options. 

Who Can Be Held Liable in a Trucking Accident?

Determining liability in a truck accident can be difficult. There may be more than one party that can be held responsible and more than one insurance policy that applies. Your attorney can help decide who you should file a claim for damages against and how to move forward.

Parties who may be held liable after a truck accident:

  • The truck operator
  • The trucking company
  • An auto part or vehicle manufacturer
  • The person or company that loaded the cargo
  • Another negligent driver

In order to receive compensation for your injuries after a truck accident, you must establish liability or who can be held legally responsible for the accident. The time between the initial accident and when you receive money for your losses can be months, if not years. If you were injured in a trucking accident but need money now, you may be eligible for legal funding. 

How Long Do I Have to File a Truck Accident Lawsuit?

The length of time you have to file a lawsuit after a trucking accident depends on the state where the injury occurred. Each state has a statute of limitations that limits the amount of time you have to file a claim based on personal injury or wrongful death. In most states, the statute of limitations for a truck accident is 2 to 3 years.

What Should I Do If I Cannot Afford My Medical Bills?

Damages in a truck accident case will likely include compensation for your medical bills, lost wages, pain and suffering, and more. However, it can take a significant amount of time to receive a verdict or settlement. If you cannot afford your medical bills or living expenses, you may qualify for pre-settlement legal funding.

Legal funding is not a loan. It provides motor vehicle accident victims with the financial help they need while waiting for their case to settle. There is no credit check or employment verification; all funding decisions are made based on the potential financial recovery in the case.

Why Should I Consider Legal Funding After a Trucking Accident?

When you are hurt in a trucking accident, you may be unable to work or have unaffordable medical bills. Legal funding helps to cover your expenses while you wait for your case to settle. There are no upfront costs and no hidden fees. You only pay if your attorney wins your case and you receive a settlement or money from a verdict.

Injured in a Trucking Accident, But Need Money Now?

If you have been injured in a truck accident but need money now, contact our office at (973) 362-3500 to discuss your funding options. We help provide financial assistance for truck accident victims across the country and can help you get the money you need today. 

Get funds in as little as 24 hours. Call our office or fill out an application online. Our case specialists will review your matter and contact your attorney for any additional information. Approval is only a few steps away. Get started today.