Truck Accident

Texas Truck Accident Lawsuits: Finding Financial Support Through Litigation Funding

Posted on by Fast Funds
Texas Truck Accident Lawsuits Finding Financial Support Through Litigation Funding
29
Nov

Truck accidents in Texas can have devastating consequences for those involved. The size and weight of commercial trucks often result in severe injuries, property damage, and emotional trauma for victims. When someone is hurt in a truck accident, they might face medical bills, lost wages, and other financial challenges. Seeking compensation through a lawsuit is an option for many victims, but it can be a long and expensive process. Litigation funding can help those dealing with these struggles by providing financial support while they wait for their cases to settle. At, Fast Funds , we are here to guide you through the legal process and help you navigate the complexities of your case.

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Understanding the Challenges of Truck Accident Lawsuits

Truck accident lawsuits in Texas can be complex. Victims must prove that the truck driver or company was at fault for the accident. This might involve gathering evidence such as police reports, witness statements, and opinions to show what caused the crash. Trucking companies often have powerful legal teams working to protect their interests, making it harder for victims to win their cases.

In addition to proving fault, victims must also show the damages they suffered. This can include medical bills, lost wages, and pain and suffering. Because truck accidents often lead to serious injuries, the cost of these damages can be very high. For many victims, the financial burden becomes overwhelming, especially if they cannot work while recovering.

The Lengthy Process of Litigation

Filing a lawsuit after a truck accident does not lead to quick results. These cases often take months or even years to resolve. Victims may need to go through multiple steps, including investigations, negotiations, and possibly a trial, before they can receive compensation. During this time, bills and living expenses continue to pile up. Many people find it difficult to stay financially stable while waiting for their cases to settle.

For victims who are unable to work due to their injuries, the wait can feel impossible. Without a steady income, it becomes harder to pay for medical treatments, rent, or even groceries. This financial stress can force some people to settle for less money than they deserve, just to get immediate relief.

- WHAT CLIENTS ARE SAYING -

In June, my wife and I asked our attorney about giving us a loan against any settlement proceeds from our case. He told us that the state bar does not
permit lawyers to participate in the financing of clients. The offer of settlement was very low so the case needed to be filed in court. I called Fast Funds. Within 24 hours, I had entered into an agreement with them, selling a very small portion of the anticipated proceeds to them in exchange for immediate financing. Now my suit is in court and I don't have to worry about money until it's outcome. Thank god for Fast Funds
B.G.
As a result of the advances you have made to our client, we were able to refuse an extremely low settlement offer and take the case to court. We settled the day of the trial for a very generous sum. Had there been no advances by Fast Funds, our client would have had no choice but to accept the inadequate offer since he was in severe debt due to his inability to work. Thank you for your helpful assistance in providing our client with the ability to persevere.
C.F.
I was involved in an accident which took my left leg. I was forced to live homeless for eleven months. Thanks to the Fast Funds people advancing money. I now live in an apartment,I am walking on a prosthetic and otherwise getting my life back together, even though my attorney has not yet settled my lawsuit. I don't know what I would have done for money because the insurance company has offered nothing so far.
A.R.S.
I was involved in an auto accident which caused me to suffer a herniated disc. Because of this injury, I was forced to miss many months of work. I had no income and no place or person to turn to for money. My attorney told me he was unable to help with any financing and the insurance company was refusing to settle the case. I turned to a company called Fast funds. They immediately reviewed my file and took the financial pressure off by providing me with interim financing. I am now able to wait for as long as it takes for my lawyer to achieve a successful result in my case. Without the financial involvement of Fast Funds, I don't know what I would have done.
K.P.
I wanted to thank you for your sensitivity in helping me cope through a very difficult time in my life. Without your help, I would have been unable to pay my rent , forcing my wife and children to be put on the street. I have not been able to return to work and I was tempted to accept the insurance company's very low offer to settle, even though I knew it was not fair or reasonable. You have given me the ability to withstand the financial pressures. Thanks for your help. I will never forget it
C.S.
I have in the past referred clients to Fast Funds Inc., a non-recourse company. The experience of my clients
and my firm were totally positive. Fast Funds was responsive to the clients financial and emotional needs, provided the necessary emergency money and did not interfere in any manner with my handling of the cases. The clients, without my input, negotiated the advance directly with the company. In each case, they were completely satisfied with the final result of the case, including the amount of profit earned by Fast Funds. Non-recourse funding is clearly a valuable tool to the plaintiff's attorney.
M.J.L.
"I am writing to recommend the valuable assistance of the Fast Funds Inc., a company that provided interim funding to financially needy clients. They help to insure that a case will be brought to a successful resolution. A good case in point is when I was offered $75,000.00 for a seriously injured client. Had she not been able to take advantage of the advance financing offered by Fast Funds, I would have been forced to take the money. As it turned out, because my client now had the financial ability to withstand the pressures of time, I tried the case to a jury and received a verdict of $315,000.00.
M.S.D.
It is my belief that non-recourse companies, such as Fast Funds, the company to whom I refer my needy clients, perform an invaluable service to both the client and the attorney. Simply put, it is common knowledge that one of the tools negotiation utilized by insurance companies is time. Offering
considerably less money than the actual case value to a client in desperate need of funds while the case is pending, gives the insurance companies a tremendous advantage. This advantage is minimized and the playing field is leveled when the client has the ability to obtain funds for a minimal portion of the anticipated proceeds. Many times, with no prospects of income, an injured party will settle the case for whatever offer is made.
R.J.F.

What is Litigation Funding?

Litigation funding is a financial solution for people involved in lawsuits, including truck accident cases. It provides victims with money to help cover their expenses while they wait for their cases to conclude. The funding is not a loan, so victims do not need to make monthly payments or worry about interest rates. Instead, they receive an advance on the money they expect to win from their cases.

The amount of funding a person can receive depends on the details of their lawsuit. The stronger the case and the higher the potential compensation, the more funding may be available. This financial assistance allows victims to focus on recovering and building their cases without the constant stress of unpaid bills.

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Applying For Lawsuit Funding

Types of Cases We Fund

How Litigation Funding Works

To receive litigation funding, a victim needs to apply with a funding company. The company reviews the case to determine its strength and potential value. If the case qualifies, the victim receives money to use for their expenses. This funding can cover medical bills, living costs, or any other financial needs.

The funding company takes on the risk of the case. If the victim does not win or settle their lawsuit, they do not need to repay the funding. This makes litigation funding a safer option for many people compared to traditional loans. It provides peace of mind and allows victims to pursue justice without worrying about financial ruin.

Why Litigation Funding is Important for Truck Accident Victims

Litigation funding is especially important for victims of truck accidents in Texas. These cases often involve severe injuries that require extensive medical care. Victims might need surgeries, physical therapy, or long-term treatment to recover. Without financial support, it can be hard to afford these services.

In addition to medical expenses, victims may face other costs, such as car repairs or replacement, childcare, and household bills. Litigation funding helps cover these needs, allowing victims to focus on healing and building their cases. It also gives them the ability to fight for fair compensation without feeling pressured to accept a low settlement.

Choosing the Right Litigation Funding Company

When seeking litigation funding, it is important to choose a trustworthy company. The best companies are transparent about their terms and provide clear information about how the process works. They do not charge hidden fees or make victims feel rushed into a decision.

Victims should also look for a company with experience in funding truck accident cases. These companies understand the unique challenges of these lawsuits and can provide the right level of support. By working with a reliable funding company, victims can feel confident that they are making the best choice for their financial future.

The Impact of Litigation Funding on Truck Accident Cases

Litigation funding can have a positive impact on the outcome of truck accident lawsuits. By reducing financial stress, it allows victims to focus on building strong cases. They can take the time to gather evidence, hire legal representation, and negotiate for fair compensation. Without the pressure of unpaid bills, victims are more likely to achieve successful outcomes in their cases.

For victims who do not have other sources of financial support, litigation funding can be a lifeline. It provides the resources they need to pursue justice and hold trucking companies accountable for their actions. This support can make a significant difference in the lives of victims and their families.

How to Get Started with Litigation Funding

If you are considering litigation funding for your truck accident case, the first step is to find a company that offers this service. Once you choose a company, you can begin the application process. You will need to provide information about your lawsuit, including details about the accident, your injuries, and any legal representation you have.

The funding company will review your case and let you know if you qualify for assistance. If you are approved, you can receive funding quickly, often within days. This money can be used to cover your expenses while you wait for your case to settle. With litigation funding, you can feel more secure and focused as you work toward a resolution.

If you are struggling to make ends meet while pursuing a truck accident lawsuit in Texas, Fast Funds can help. Our team understands the challenges you face and is committed to providing the support you need. With our litigation funding services, you can focus on recovering and fighting for the compensation you deserve. Contact Fast Funds today to learn how we can assist you during this difficult time.