Truck Accidents & Lawsuit Settlement Loans

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        Every single day accidents related trucks occur all over the
United States. Truck accidents can result in serious injury and even
death. Many of these truck accidents are related to driver fatigue,
failure to inspect tires and brakes, over loaded, tailgating, drinking
and driving, talking on CB or cell phone, etc. These are all considered
negligence actions and can result in a civil suit against the truck
driver and the company the driver works for. However, due to the size and
nature of trucks injuries and damages in a truck accident can be severe
if not fatal. Many truck accidents leave victims unable to work and the
victims are required to seek compensation via civil lawsuit. How does a
injured plaintiff in a truck accident lawsuit support his life
financially if he is unable to work? That is a simple answer, a lawsuit
settlement loan. If you were in a truck accident and are in the process
of a truck accident civil lawsuit then you already know what kind of time
frame you’re looking at till you reach a verdict; it can be months if
not years before truck accident lawsuits are settled. This is why a
lawsuit settlement loan is an excellent resource for the plaintiff during
this time period. A settlement loan is basically a non-recourse loan;
this is due to the re-payment requirements explained later in this
article. Basically a lawsuit loan provider will borrow you money against
your pending lawsuit; your not required to any specific income or credit
history as those things play no role in the settlement loan approval
process. The approval process is based solely on the merit of your
lawsuit and possible compensation. Â What makes a lawsuit settlement loan
such a great choice is the fact it is a non-recourse debt because a
settlement loan only requires you to repay the loan if you receive a
favorable verdict in your pending lawsuit. If you lose your pending
lawsuit you have no obligation to pay back the monetary loan provided by
the lawsuit loan provider. This helps financial secure the plaintiff
during their pending lawsuit and prevents them from being in debt at the
end of their case if it’s an unfavorable verdict. This is a common
occurrence with traditional loans, a plaintiff takes out a home equity
loan or personal loan for financial assistance during their pending
lawsuit, then they end up losing their lawsuit and then do not have the
ability to pay back their initial loan; with a settlement loan you
don’t have this problem! If you want to learn more about lawsuit pre-
settlement loans then read below.        <!--INFOLINKS_OFF-->

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