Texas Semi Truck Accident Loans

What Are Semi-Truck Accident Loans in Texas

A semi-truck accident loan is a form of financial assistance offered to plaintiffs in the midst of legal proceeding following an accident involving a semi-truck. This type of loan is more accurately described as an advance on a future settlement award. It doesn’t function like a typical loan, where you’re required to repay regardless of your situation.

In essence, semi-truck accident loans are non-recourse advances. This means that the advance will only need to be repaid if the plaintiff wins their case and is awarded a settlement. If the plaintiff does not win their case or does not receive a settlement, the advance is not repaid.

To highlight how these loans work in practice, let’s consider a hypothetical scenario: Meet Betty, a plaintiff involved in a semi-truck accident. While her case is pending – a period that can extend for many months or even years, Betty could apply for and receive an advance from LawsuitLoans.io based on her estimated future settlement amount. This financial support could help cover her living expenses and medical bills while she waits for her legal case to resolve. No matter the outcome of her case, Betty would not be required to repay the advance unless she received a settlement.

Types of Semi-Truck Accident Claims in Texas

In Texas, road-users are often subjected to various types of accidents involving semi-trucks. This section will highlight some of most common incident types and how fault laws in Texas might impact the outcome of a plaintiff’s lawsuit.

Head-On Collisions

These are incidents where the front end of a semi-truck crashes against the front end of another vehicle. They could occur due to distracted driving, driver fatigue, or mechanical failures. Texas uses the ‘proportional responsibility’ system, meaning a plaintiff found to be partially at fault may have their compensation reduced proportionally.

Rear-End Accidents

A rear-end accident usually happens when a semi-truck hits another vehicle from behind. This could be a result of tailgating, brake failure, or improper lane change. In such cases, the semi-truck driver is typically held responsible, largely improving the plaintiff’s chances for a successful claim.

Rollover Accidents

Semi-truck rollover accidents occur when a truck tips over sliding, flipping, or rolling. The scenario can be caused by several factors such as high speed, poor road conditions, unbalanced loads, or sudden turns. Understanding how the accident occurred plays a crucial role in establishing the responsible party and can greatly influence the outcome of a lawsuit.

Underride Accidents

Underride accidents involve a smaller vehicle getting trapped under a semi-truck. These are severe accidents often resulting from poor visibility or negligent driving. In Texas, if the semi-truck driver failed to take proper safety measures, they could be held liable, potentially enhancing the plaintiff’s case success possibility.

Contact LawsuitLoans.io at (800) 340-4973 or apply online at our funding application if you need funds while you wait for your semi-truck accident lawsuit to resolve.

Am I Eligible for a Semi-Truck Accident Loan in Texas?

If you’ve been involved in a semi-truck accident in Texas, you may be wondering if you qualify for lawsuit loans to help cover financial burdens while your case is pending. The eligibility criteria are not complicated, and many individuals find they meet these requirements. Let’s take a closer look.

First, there must be a valid legal claim in place against an insurance company or self-insured entity. This means that if you’ve been injured, you’re currently in the process of suing a responsible party for damages related to your accident.

Second, you must have an attorney hired on a contingency basis. In simple terms, this means your lawyer agrees to be paid a portion of your award or settlement, rather than charging you upfront fees. This demonstrates your commitment to the case and signals its potential merit.

Last but not least, you need to be at least 18 years old to be considered for a personal injury lawsuit loan in Texas. Age restrictions are designed to ensure legal contracts are entered into with full understanding and consent.

In short, if you’re battling a legal case after a semi-truck accident in Texas, LawsuitLoans.io could be a valuable resource to fund your living expenses during this challenging time.

Semi-Truck Accident Loan Process in Texas

Have you been involved in a semi-truck accident in Texas and need financial help while waiting for your case to resolve? At LawsuitLoans.io, we offer auto accident loans to plaintiffs. These are not traditional loans, rather they are advances on the future settlement of your case. Here’s how the process works:

1. Apply online: Start by completing our easy online application, available at LawsuitLoans.io funding application.
2. We contact your law firm: After receiving your application, we’ll get in touch with your attorney to gather more information about your case.
3. We review your case: Our team of experts will then assess your case to determine its strength and potential payout. This step is crucial for us to determine if an advance can be provided.
4. You sign a contract: Once approved, we’ll send over a contract for you and your attorney to review and sign. This document outlines the terms of the advance.
5. You get funds: As soon as the contract is signed and returned, we’ll transfer the funds directly to you. It’s that simple.

Let’s consider the example of John, a plaintiff who flew solo after surviving a semi-truck accident. John was seriously injured, requiring multiple surgeries and long-term therapy, making it impossible for him to work. After spending weeks worrying about his mounting bills, he decided to apply for a lawsuit loan with us. Following the steps outlined above, he quickly received an advance against his pending lawsuit’s potential settlement. With the financial cushion provided by LawsuitLoans.io, John could now focus on his recovery rather than stressing over bills.

Contact us today at (800) 340-4973 or visit LawsuitLoans.io for more information and to start your application process.

Roadway Accident Cases we Fund in Texas

We fund almost any type of roadway accident in Texas. Here are some examples:

• Bicycle Accident Loans – Whether you’ve been hit by a car, truck, or other motor vehicle while cycling, we can provide funding for your lawsuit.
• Car Accident Loans – If you’ve been involved in a car accident and are filing a lawsuit, we can support you with a loan.
• Commercial Vehicle Accident Loans – If you’ve been hit by a commercial vehicle, we offer loan solutions to help you through the legal process.
• Government Vehicle Accident Loans – If a government vehicle has caused your accident, our funding options can help you pursue fair compensation.
• Motorcycle Accident Loans – If your motorcycle accident case takes longer than you expected, we can provide the funds you need to hold on.
• Pedestrian Accident Loans – For victims of pedestrian accidents, our lawsuit loans can provide crucial financial support.
• Rideshare Accident Loans – If you’re in a legal battle due to a rideshare accident, we can supply the funds necessary to sustain you.
• Semi-Truck Accident Loans – For those battling lawsuits due to semi-truck accidents, we offer loans to ease the financial burden.

How Much Money Can I Get From my Semi-Truck Accident Pre-settlement Loan?

Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.

Let’s look at an example. Suppose you’re a plaintiff in Texas involved in a car accident case with a $60,000 estimated value. The case is still in progress and will not settle for some time. Generally, medical providers get paid around 1/3 of the settlement, the attorney gets another 1/3 of the settlement. Consequently, you, as the plaintiff, would receive around $20,000. We can advance approximately 25% of that amount or $5,000.

Major Cities we Serve in Texas

At LawsuitLoans.io, we pride ourselves on assisting residents throughout Texas with their pre-settlement funding needs. Our footprint spans far and wide, reaching residents in both small towns and large cities. Here are the top 10 populated cities in Texas we serve:

• Houston
• San Antonio
• Dallas
• Austin
• Fort Worth
• El Paso
• Arlington
• Corpus Christi
• Plano
• Laredo

We would like to note that our services are not limited to these cities alone. LawsuitLoans.io is committed to providing pre-settlement funding for plaintiffs from all cities in Texas, indeed nationwide. For more information, you can always reach us through our toll free phone number (800) 340-4973 or apply through our easy online form at our funding application page.

Texas Semi-Truck Accident Funding FAQs

In this section, we will be answering some of the frequently asked questions (FAQs) specific to Texas residents regarding semi-truck accident lawsuit funding.

How much does it cost to get a semi-truck accident lawsuit loan?

The cost of a semi-truck accident lawsuit loan varies based on the specifics of your case. There are no hidden costs involved when you apply for lawsuit funding with LawsuitLoans.io. The funding amount depends upon the potential recovery from the lawsuit. It’s important to discuss all cost details before signing any agreement.

Do I qualify for a lawsuit loan on my semi-truck accident case?

Approval for a lawsuit loan depends on the strength of your case. If you have a strong case against the negligent party, suffered significant injuries, and have a clear need for financial assistance, you may qualify. Apply online at LawsuitLoans.io funding application. Our team will review your application and advise accordingly.

Can you get a loan on a semi-truck accident settlement?

Yes, LawsuitLoans.io provides pre-settlement funding for semi-truck accident cases. This means you can access funding before your case settles. These funds can be used for living expenses or other needs as you wait for your lawsuit to resolve.

Cities we Service in Texas

LawsuitLoans.io provides funding throughout Texas. See more about our funding in Texas by visiting the city pages below:

• Houston
• San Antonio
• Dallas
• Austin
• Fort Worth
• El Paso
• Arlington
• Corpus Christi
• Plano
• Lubbock
• Irving
• Laredo
• Garland
• Frisco
• Amarillo
• Grand Prairie
• McKinney
• Brownsville
• Killeen
• Pasadena

Other Cases we Fund in Texas

LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Texas. Read more about the personal injury cases we fund in Texas here:

• Personal Injury Loans
• Police Misconduct Lawsuit Loans
• Medical Malpractice Lawsuit Loans
• Slip and Fall Lawsuit Loans
• Premises Liability Loans
• Dog Bite Lawsuit Loans
• Wrongful Death Loans

Read more about the roadway accident claims we fund in Texas here:

• Car Accident Loans
• Rideshare Accident Loans
• Pedestrian Accident Loans
• Motorcycle Accident Loans
• Bike Accident Loans
• Commercial Vehicle Accident Loans
• Government Vehicle Accident Loans