Home » Truck Accident Lawsuit Funding in New York City
If you were injured in an NYC truck accident, you are likely facing a mountain of expenses. And while you may be expecting a sizable recovery from your truck accident lawsuit, it might be months or even years before you see this money.
Seeking truck accident lawsuit funding can provide you with an advance on your eventual settlement so you can start paying down bills and returning to financial stability sooner rather than later. Apex Legal Funding, LLC, is a reputable lawsuit funding company in New York, providing seamless funding options for those who need to fill monetary gaps until their claims are resolved.
Approximately 4,000 large truck personal injury crashes happen across New York State each year, resulting in anywhere from 70 to 100 fatalities. Across the United States, more than 153,000 people were injured in large truck crashes in 2023 alone, and more than 5,400 people died. Truck accidents can cause serious, expensive injuries.
Truck accident lawsuit funding is a type of pre-settlement loan that acts as a cash advance on an eventual lawsuit settlement. If you qualify, our lending company can send you a lump sum equivalent to a portion of your eventual lawsuit settlement.
You can use these funds to pay medical bills, afford daily life expenses, or pay for anything else you see fit. Once you reach the end of your lawsuit, you can repay the cash advance out of your settlement, plus a small amount of interest.
Seeking an advance on your truck accident settlement from Apex Legal Funding, LLC, offers several benefits:
Our truck accident lawsuit funding is different from the typical loans you would apply for through the bank. We offer non-recourse funding, which means that if you were to lose your truck accident lawsuit or walk away without a settlement, you would not need to repay any of the loan. The loan repayment comes directly from your compensation award, and you do not need to pay anything out of pocket.
Our funding is low-interest and does not require you to put up collateral. Instead, your lawsuit acts as collateral for the loan.
We understand that navigating a truck accident legal case can be an overwhelming time. We keep the process of applying for funding simple for your peace of mind.
Some legal funding companies limit the ways you can use your truck accident lawsuit funding. At Apex Legal Funding, LLC, we understand that you may need an advance on your settlement for a wide range of reasons. When you receive your cash advance, you can use it however you see fit:
Some clients use truck accident lawsuit funding to pay for necessities, while others use these funds to make memories with family after a traumatic time. You are free to use your funding however you wish.
If you are navigating the aftermath of a truck accident, you are likely dealing with significant pain and lifestyle changes. You shouldn’t have to face financial stressors on top of these other worries.
Apex Legal Funding, LLC offers non-recourse cash advances for plaintiffs in NYC truck accident cases. Learn more about our auto accident lawsuit funding today by calling 1-800-377-4934 or filling out our contact form.
If you lose your truck accident case and have already received lawsuit funding, you will not have to pay back any of the loan. We offer non-recourse funding, which means that we are the ones assuming the risk by providing you with a loan. We take care to closely review your legal case and understand the chances of you walking away without a settlement. We generally only offer funding for strong legal cases.
Yes, we only work with clients who have retained legal counsel. We will speak with your attorney as part of your application process to better understand the strength of your legal case.
Yes, we offer pre-settlement funding for a wide range of personal injury cases, including construction accidents, medical malpractice, dog bites, slip-and-fall cases, product liability, and more. If you were injured due to someone else’s negligence and are pursuing a legal case against them, you may qualify for funding.
Yes, we charge a small interest rate on your pre-settlement funding. You do not need to pay for this interest until you receive your lawsuit settlement. We will take the original loan amount, plus interest, out of your settlement, allowing you to keep the remaining proceeds.
Personal injury cases can be difficult enough without the added stress of worrying about how you’ll pay your bills. There’s a lot of pressure to win since if you don’t, you may find yourself dealing with medical debt or other concerns.
Pre-settlement funding for plaintiffs takes some of this stress off your shoulders. Because plaintiff investment funding comes with fewer risks, you can worry less about how you’ll pay your bills, making your situation a little easier.