Odessa, Texas seems to have had more than its fair share of truck accidents recently. Only last Monday, a truck traveling on University Boulevard heading eastbound suddenly veered to the other side of the road colliding first with a power pole and then a fence.
The woman driver and a passenger in the truck both sustained non-life threatening injuries and were taken to a nearby hospital. It is still not known at this stage what caused the driver to leave the roadway. Two possible causes which will no doubt be investigated are distracted driving and/or a malfunction with the vehicle’s mechanical system.
According to a nearby resident, it is not the only time this has happened. The owner said her home had been damaged before due to traffic accidents. A few months before this particular incident the homeowner said a westbound truck had veered off the Boulevard and crashed into her husband’s truck which was parked in the driveway. Both trucks were pushed into the house, causing thousands of dollars worth of damage.
Luckily, Monday’s truck did not hit any other vehicles and, apart from the two occupants, nobody else was injured.
Until the accident is fully investigated there can only be speculation about the cause of the truck’s sudden diversion off the Boulevard. In the event the truck had a defective part or had not been maintained properly, the injured occupants might be able to claim compensation from the truck owner, parts manufacturer, distributor or even a mechanic who had not maintained the truck properly.
Truck accidents are particularly complex, as there are a number of possible reasons why an accident happens and often there are a number of factors that combine at the wrong moment to cause an accident.
Waiting for the Lawsuit to Reach Settlement
Without speculating any more about the reasons for this particular accident, it does serve to illustrate the fact that the successful resolution of a personal injury claim can be a very complex and long term affair.
The average time for resolving a personal injury lawsuit is between two to four years. Many personal injury attorneys will hold out during negotiation with an insurance agency to attempt to make them agree on a full and fair amount in settlement for a Plaintiff’s injuries. The attorney may also have to wait until the full potential costs of medical treatment are known and documented.
Meanwhile, many accident victims face financial hardship through no fault of their own and are not necessarily insured to cover unexpected accidents like the one described above.
The Lawsuit Funding Solution
When an accident victim becomes a plaintiff in a personal injury lawsuit, and retains an experienced personal injury attorney, the chances of a successful settlement are high. Under this scenario, one option is to seek a lawsuit loan from an experienced lawsuit funding company. The settlement loan can be arranged if there is a good chance of settlement and the attorney has agreed to pursue the case on a contingency fee basis.
With a zero risk pre-settlement loan, the claimant will at least be able to use a welcomed influx of cash for the lawsuit which need not be paid back until the case is settled.
