If you are looking for financial support as a result of a truck accident injury (or injuries), pre-settlement funding can help you cover your expenses today.
Semi-truck pre-settlement funding is essentially a portion you borrow from your pending lawsuit in advance of its resolution. This type of funding has a fast and easy application process that takes only 24 hours.
Truck accident pre-settlement funding.
An accident involving a semi-truck or 18 wheeler often leaves innocent victims injured, unable to work, and can negatively impact their overall quality of life.
According to the Department of Transportation, there were more than 1.1 million interstate motor carriers a year. Annually, approximately 500,000 accidents occur in the USA and around 1.1 fatal crashes per 100 million truck miles occur. This means that roughly 5,000 people a year tragically lose their lives in the U.S. from truck accidents.
Truck accident injuries can leave victims suffering for life. Nonetheless, insurance companies work tirelessly to reduce the settlement amounts these victims deserve. All too often, a truck accident victim loses faith in the value of their settlement and ends up accepting a compensation payment much lower than they deserve.
What can you do?
Truck accident and 18 wheeler accident cash advances
If you were left with a truck accident injury (or injuries) and are working with an attorney to receive compensation for your suffering, you may qualify for truck accident pre-settlement funding (also known as lawsuit loans).
A truck accident lawsuit loan provides you with the financial assistance you need from your pending settlement, or even surgery if required.
Truck accident settlement advances have no risk, and in fact, they are not loans. A settlement advance is also known as a non-recourse financing agreement. Non-recourse funding ultimately means if you don’t win your case, there is no further obligation to pay back the advance.
Semi-truck accident lawsuit funding process.
The application process takes one day from when your lawyer submits your case file.
A quick application begins with you applying online or over the phone. From that point on, underwriting contacts your attorney to further review your case merits. The evaluation process determines your eligibility to receive a portion of your anticipated settlement in advance of your final settlement or award.
If approved, you can get up to 10% of what your truck accident claim is presently worth.
See how it works:
- First, fill out our short accident application online. Only provide basic details of who is representing you and yourself.
- Secondly, a member of our expert lawsuit funding team will contact you to finish with your qualification eligibility and then contact your attorney to request your case file. Your attorney’s collaboraiton is essential to funding your case. Without an attorney, the legal funding request will be denied.
- After underwriting evaluates your claim, and your truck accident case checks the lawsuit loan criteria, your application will be approved without delays—usually, within one business day.
- From there, you will receive a contract to sign, and your attorney will obtain the agreement to acknowledge it.
- As soon as your lawsuit loan contract is signed, we will credit your bank account within hours from the moment you and your attorney send us back the executed contract. You can also get a check the next, if preferred.
Settlement loan advantages.
Many times, the injuries sustained by victims in these crashes are almost always devastating. Traumatic brain injuries and spinal injuries are frequently seen. Burn injuries, punctures, and bone fractures are also common. Rehabilitation following a truck accident is usually extensive, and sometimes multiple serious surgeries are required.
The good news is that if your accident case requires surgery, you may get approved for medical funding from Baker Street Funding. We pay the surgery in cash and work with your attorney and the medical provider to assist you in getting the treatment you need.
Working during this period is usually not an option; fortunately, truck accident pre-settlement funding is available to help accident victims like you receive the cash you need now so that you can maximize the value of your settlement or verdict.
You can pay for all your significant needs at no risk because you walk with the cash if you don’t successfully settle your claim. There are no credit checks and no work verification; this makes it easy for plaintiffs to apply and get approved when no one else is helping them get the money they need when they need it.
Truck accident lawsuit loans from Baker Street Funding helps injured plaintiffs.
Baker Street Funding has an exclusive approach to semi-truck legal funding, making us a leader in the pre-settlement funding and litigation finance industry. We strive to provide accident victims with an exceptional experience in the fastest time possible.
At Baker Street Funding, we are specialists in contract matching or even raising the amount other lenders offer you.
Our pre-settlement funding interest rates range from 2% to 3.1% monthly non-compounding. You also get a capped rate, meaning if your truck accident lawsuit doesn’t resolve within three years, your interest stops.
Get ahead of your finances with a loan for your truck accident lawsuit fast. Baker Street Funding accident financing helps you get your money fast.