Texas Truck Accident: Pre-Settlement Loans & Truck Accident Lawsuits

By Jeremy Steinbren


Trucking accident incident cases are much different than car accident cases. In fact, there is somewhat of a "trick" to maximizing truck accident settlements that does not come into play in car accident injury cases. The "trick" is by using the Federal Motor Carrier Safety Regulations. These safety regulations are promulgated by the U.S. Government. They are essentially rules that govern every aspect of truck drivers and trucking companies. As the name implies, their purpose is to promote safety.

When handling any truck accident injury case, a very careful eye must be turned towards whether both the driver and his trucking company complied with all the safety regulations. However, this can never really be determined until a lawsuit is filed. This is because once a lawsuit is filed; a lawyer has the power to subpoena certain documents from the trucking company which they otherwise will not give to you. This will allow you to determine first whether the truck itself was in good operating condition.

The United States Government requires that drivers inspect the condition of their truck essentially every day before their trip. This is known as a pre-trip inspection. Additionally, trucks are required to be regularly maintained. A common failure is that the brakes are not repaired and replaced as often as need be. This is often a leading cause of Texas truck accident because the truck cannot stop in time.

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.

It is important for you to retain a truck accident lawyer as soon as possible after the accident takes places because some of the evidence may get destroyed. The evidence may also be removed by the guilty party. Furthermore, only an experienced truck accident lawyer will be able to present the evidence in a manner that makes it a potent weapon against your adversaries in a court.




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