TriMark Legal Funding has been a reliable source of semi truck accident lawsuit loans for plaintiffs with mounting money problems. Learn how this type of financing can help you thrive while you fight to get the compensation you deserve.
Personal injury cases are notorious for being slowpoke, no thanks to insurance firms who benefit from this expanded timeline. Meanwhile, you have exhausted your funds, and there are more bills and debt to pay. Semi truck accident lawsuit loans are the fast, affordable, and risk-free solution for plaintiffs who have reached the end of their ropes.
Also known by many other names, such as legal financing, lawsuit loans, and settlement loans, settlement funding is a non-recourse form of cash advance made on a portion of your future settlement fees.
Non-recourse means you won’t have to shell out money each month. You only repay the advance once you win an award or settlement. If you lose the case or don’t get a settlement offer, all the cash you have is yours.
Skip the credit, employment, and income checks. With TriMark, you can get your funds quickly by tomorrow and use them on urgent payables.
We offer cash advances up to 20% of your compensation or settlement money’s anticipated net value.
Pre Settlement and Post Settlement Funding
TriMark offers two types of semi truck accident lawsuit loans: pre settlement and post settlement funding.
If you have a pending personal injury case, you can apply for a pre settlement loan. A post settlement loan is for you if you already got assigned a compensation amount or settled out of court, but the check is still on its way.
Trimark’s low, non-compounding rates come with either type of lawsuit loan. That means you can apply for as high as 20% to 50% without incurring more than twice the amount you advance.
How to Qualify for Tractor Trailer Accident Lawsuit Loans
These are the criteria for eligibility for plaintiffs with pending cases:
- You are represented by a contingent-fee attorney.
- You must have sustained significant injuries from the semi-truck accident.
- Your anticipated value should net at least $150,000 (gross award less attorney fees, case costs, medical liens, etc.).
- Your settlement check must be deposited to, and be distributed out of, your attorney’s trust account.
Your application will be assessed based on the actual value of your compensation or settlement. You must provide documentation showing that you will net a minimum of $60,000 after all deductions.
Common Causes of Semi-Truck Accidents
1. Driver Fatigue
Truckers deal with pressure brought about by unrealistic schedules. They are used to sleeping shortly or not at all. Just so they can make their deadlines, they stick to this routine even if it means running on little to no fuel (no pun intended).
Without quality rest, semi-truck drivers can feel fatigued on the job. They can have trouble concentrating or responding quickly to road circumstances. In worst cases, they can fall asleep at the wheel. Such conditions can lead to the driver making mistakes on the road, even causing a devastating accident.
2. Alcohol and Drugs
Drinking and driving don’t and shouldn’t mix. But some truck drivers admittedly take alcohol, as well as drugs, while on duty. A group of researchers compiled studies across countries with large trucking industries and found that 50% of the respondents drank and drove.
About 30% took amphetamines, while 20% and 3% used marijuana and cocaine. These psychoactive drugs keep drivers awake. However, they can also lead to risky maneuvers and, in turn, accidents. Once their effect wears off, they can make a person feel more sleepy. This situation can also result in road mishaps.
3. Distracted Driving
Distracted driving is responsible for nine deaths and 1,000 injuries every day. Texting is one of the most common activities to be reported. But the risk of checking a mobile device or taking one’s attention off the road, for that matter, does not end with texting.
If you’re a trucker coasting along a long highway or navigating a local road, it can get pretty boring quickly. Some, then, may reach for the phone to play music. Others may eat while controlling the wheel — anything to multitask and prevent themselves from falling asleep.
Instead of driving with undivided attention, these diversions can occupy their minds and cause them to commit errors behind the wheel.
4. Poor Vehicle and Cargo Maintenance
Poorly maintained trucks are often the cause of truck accidents. Tires blow out, brakes fail. Such things could have been avoided, though. Many accidents could have been prevented.
But the reality is that many truckers do not have the time to maintain their vehicles properly. They’re often running out of time, so they go out without fully ensuring their trucks are in tip-top shape.
The law requires them to care for their vehicle and cargo. Drivers also need to keep the weight of their shipment according to shipping standards.
5. Speeding and Overtaking
When catching a deadline, drivers may risk going faster than what’s allowed for commercial trucks or semi-trucks. They can speed right behind smaller cars or even overtake them. Heavy vehicles may pose a hazard if their drivers insist on speeding or overtaking, especially when stuck in slow-moving traffic.
Meanwhile, other motorists may want to get as far away from the cargo-laden trucks and attempt to overtake. Or they may swerve and change lanes, which can usually cause accidents.
Either party must be patient in an already-challenging road situation to prevent the creation of even more significant dangers.
Common Semi-Truck Accident Injuries
The sight of truck wrecks and crashes can be devastating even for onlookers. So imagine how an accident can leave victims scarred for life. Treatment and recovery can also affect their finances.
Fortunately, they can sue for damages if someone else’s negligence caused the injuries sustained in an accident.
Here are some of the injuries commonly caused by truck accidents.
1. Back, Neck, and Spinal Cord Injuries
The impact during an auto crash can damage the neck and back. In particular, the head and neck can move back and forth upon impact in rear-end accidents. This movement can result in any of the neck injuries we know as whiplash.
The spine can also sustain injuries, grouped mainly into disc injuries and facet joint injuries. Disc herniation, lumbar sprains, and spinal stenosis are examples of disc injuries resulting from a car accident.
2. Head and Brain Injuries
Head injuries can occur to the scalp, skull, brain, and underlying tissue and blood vessels in the head. They could range from minor bruises and mild concussions to traumatic brain injuries. On the extreme, they’re one of the top causes of disability and death in adults.
Mild head injuries can come with the following symptoms: headache, confusion, dizziness, shallow cut in the scalp, light and noise sensitivity, nausea, and irritability, among others.
Some of the signs your head injury is moderate to severe are short-term memory loss, convulsions or seizures, scalp laceration, open head wound, and coma.
3. Amputation and Disfigurement
Limb amputation and the like do not happen as much as other injuries, but they have one of the most painful and debilitating effects. It can result directly from impact or another injury. You may face long-term consequences, such as continuous treatment. Reliance on prosthetics and caretakers to function are among the possibilities, too.
All of these mean incurring plenty of medical costs. Victims must know they can recoup their loss by filing a personal injury claim against the liable party.
A semi-truck can cause more damage than a passenger car in an accident. For instance, it comes with the risk of fuel tank leaks, leading to a fire or an explosion. Nearby vehicles could catch the flames, and the people in them could suffer burns.
Burns can cause amputation or disfigurement.
5. Internal Injuries
If you came out of a semi-truck accident seemingly unscathed, you might still want to get checked for internal injuries. Some unseen effects of the impact can be severe. For example, the force exerted by an airbag can cause blunt abdominal trauma. It could generate injury to your bladder, kidneys, liver, pancreas, or spleen.
Although technically not considered internal injuries, broken ribs could lead to internal damage because they surround vital organs, such as the heart and lungs. They’re quite common in truck accidents, so watch out for those, too.
What to Do After a Semi-Truck Accident?
Your safety is the top priority. Call 911 if you can safely assess and relay the condition of your companions and other people (and vehicles) involved. The dispatcher will call the police and send an ambulance/ambulances based on the details you provide.
Once you’ve called the accident in, there’s nothing left to do but wait for help to arrive. The next steps are also crucial:
1. File a Police Report
No matter how minor the accident seems, file a police report. It will serve as quick documentation of the incident and the records of the vehicles involved.
2. Seek Medical Attention
It may not always be apparent that you didn’t sustain injuries or harm. Even if you’re feeling okay, you need to get checked for any internal damage you may have suffered from the accident. A full medical evaluation can help you see the big picture and address immediate dangers.
3. Document Evidence of the Crash
Your safety is important, so do this step only if you can safely go outside the vehicle. Take photos, contact details of involved parties and eyewitnesses, and road and weather conditions.
If a semi-truck driver is involved, you can ask for their name, home address, phone number, email address, license number, insurance company and policy number, employer and trucking company, and other identification details.
You may also approach witnesses who might provide you with different perspectives on how the crash happened. However, it is not your job to get their statement. Ask for their contact details alone. But if the police are quite busy, you may get into questioning them yourself if they’re willing to share information.
4. Get Your Vehicle Appraised
Don’t rush to get your car repaired. Take photos of each outer side, assess for actual damages (some may not be obvious to you right away), and then wait for clearance from the insurance company. The appraisal is vital for you to recover repair costs.
Before taking it back on the road, make sure to bring it to the mechanic for thorough inspection and repair.
5. Watch What You Say
If you happen to be at fault or share responsibility for the accident, we’re not saying you should lie. But leave the details for when you’re alone with your lawyer. If a truck driver is liable, avoid unpleasantly speaking to them. Don’t do anything that can eventually hurt your case.
6. Don’t Post on Social Media
This part is related to the previous tip. Avoid sharing details on social media, especially what can be considered a revelation of your physical or emotional condition during the accident. Share updates only with your family members and close contacts.
7. Hire a Truck Accident Lawyer
Seek professional help from someone who knows the ins and outs of a personal injury case, especially one that involves trucks and truck drivers. The legal process tends to be complicated. Your attorney will be the best person to advise you on what to say or do while you focus on recovering from your injuries.
You’ll also need a lawyer who can navigate the tricky realms of negotiations and trials.
How to Apply for Truck Accident Settlement Funding
Get a semi truck accident lawsuit loan in three convenient steps, only with TriMark:
- Fill out an application form online or call us to have one of our friendly legal funding experts assist you.
- We will evaluate the merits of your case based on the documents you submitted. Applications with complete documents have more chances of getting approved.
- In 24 to 72 hours, we’ll let you know of your application result. If your lawsuit funding request is approved, you’ll just have to wait for your funds in one to 24 hours.
Apply for Trucking Accident Pre Settlement Funding
Don’t hold back your dreams and desires just because you got involved in a truck accident. With TriMark, it’s quick and easy to get the money you need to bounce back. Move on. Keep on living.
Apply for a semi truck accident lawsuit loan online or call us toll-free at 1-(877) 932-2628 to get started.