Texas Semi Truck Accident Loans
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- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
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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.
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
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.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
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.
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.
Get Started
Apply today and get funds in as little as 24 hours!
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.
Cities we Service in Texas
LawsuitLoans.io provides funding throughout Texas. See more about our funding in Texas by visiting the city pages below:
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.
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: