Being involved in a truck accident can be one of the most devastating events in a person’s life. These collisions often result in serious injuries, overwhelming medical bills, lost income, and long‑term recovery needs. If another party’s negligence caused your truck accident, you may be pursuing compensation through a legal claim. But because lawsuit settlements can take months or years to resolve, you might find yourself struggling to cover essential expenses while you wait. That’s where pre‑settlement funding can help.
Pre‑settlement funding from Neo Legal Funding gives you access to cash advances based on your pending truck accident claim. This financial support can provide immediate relief so you don’t have to put your life on hold while your legal case progresses.
Truck accidents differ from typical car crashes due to the size and weight of commercial vehicles. When a large truck collides with a smaller automobile, the results are often catastrophic, leading to severe injuries and extensive property damage. The financial consequences can be just as serious as the physical ones.
In the weeks and months following a truck accident, you could be facing:
Pre‑settlement funding helps injured plaintiffs handle these costs without compromising their legal rights.
Truck accidents arise from a variety of factors, many of which are preventable. Some of the most frequent causes include:
Understanding why truck accidents occur can be important when building a strong legal case and proving liability.
Pre‑settlement funding is designed to assist plaintiffs while they wait for their truck accident claims to be resolved. Unlike traditional loans, this type of funding is non‑recourse. That means you only repay the advance if your case results in a settlement or award. If your case does not end in compensation, you owe nothing.
Here’s how the process typically works:
This structure gives you the financial breathing room you need without adding monthly payments or upfront costs.
Neo Legal Funding’s pre‑settlement advances can help you:
With this support, you can focus on your recovery and trust that your legal team is pursuing fair compensation.
What happens if you don’t win your truck accident case after receiving pre‑settlement funding?
Pre‑settlement funding is non‑recourse. If your case does not result in compensation, you are not obligated to repay the advance.
How much funding can I receive for a truck accident claim?
The amount of funding you may qualify for depends on the estimated value of your case, the severity of injuries, the strength of your legal claim, and other case specifics. A funding specialist will evaluate your situation and recommend an appropriate advance amount.
