Tractor-trailer accidents aren’t just deadly. They’re also expensive. People in smaller cars rarely come out unscathed and face enormous bills. Thankfully, truckers and their employers must carry huge insurance policies to cover these costs by law.
This also means it’s easier for you to get a tractor-trailer accident loan through Tribeca. With a lawsuit loan, you can access part of your settlement early to cover your bills while you wait on your case to finish. If you and your lawyer believe you’ll win, we can help you.
How Does a Lawsuit Loan Work in Tractor-Trailer Accidents?
The starting point of any lawsuit loan is a civil lawsuit. That can be a tractor-trailer accident or any of the other civil cases we cover. The thing that sets tractor-trailer accidents apart is the huge insurance policies.
Since there is more money to access, it’s more likely we can offer you a larger loan amount. The exact amount will depend on the value of your case, but there is also less risk that the insurance company won’t have enough money in the policy to pay everyone.
Tribeca can offer loans anywhere from $500 to $1 million for your case. Many of the larger-value loans we offer go to trucking accident victims like you, so you could get more money than you expect in your loan offer.
What Happens If I Lose My Tractor-Trailer Accident Case?
While it’s certainly unfortunate if you lose your case or get less than you wanted, Tribeca believes our loans shouldn’t add to your misfortune. If you lose your case, you do not have to pay us back because we only offer non-recourse loans.
A non-recourse loan simply means that we cannot seek any other source of money if you lose your case. Tribeca takes on all the risk, but that also means you need a strong case with legal representation to qualify for a lawsuit loan.
If you get less than you expected, you still have to pay us back from those funds according to the loan contract. However, if the settlement runs out of money, you are not obligated to pay us the remaining balance.
How Do You Qualify for Tractor-Trailer Legal Funding?
The first thing we look for is if you have a lawyer working on your case. Your having a lawyer tells us several things:
- You have a legitimate lawsuit.
- A legal expert thinks you have a chance of winning.
- You have someone in your corner willing to take the case as far as you want it to go.
- We can talk to someone who knows the details of your case and your chances of winning.
If you do not have a lawyer, we cannot qualify you for a loan. If you don’t have one yet, we encourage you to get one even if you don’t get a lawsuit loan. Insurance companies know how to trick victims into accepting low settlements. A lawyer protects your interests and will work to get you as much money as you’re owed.
Hiring a lawyer also gives you more options. When you have one, you’re not stuck with only taking what the insurance company gives you. You can go to court, seek help from experts, get evidence that would be hard to get on your own, and more. Plus, it’s your right to have one!
Get Started with Tractor-Trailer Accident Pre-Settlement Funding Today
Tribeca wants to help you cover your costs while you wait on your truck accident settlement to finish. Lawsuit loans have low risk to you, and your application is free. So why wait? Call us or use the Apply Now button to set up a consultation meeting.
Remember, you will need to have legal representation to qualify. You are welcome to speak with your lawyer about the benefits of lawsuit loans before contacting us. Your loan could make all the difference in your case and your life.