Brake Failure Accident Loans
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Brake Failure Accident Loans Overview
Uplift Legal Funding provides pre-settlement funding to plaintiffs involved in car accident claims arising from brake failure accidents.
Brake failure is a scary thing. It occurs when a vehicle’s brakes stop functioning. There are various causes, which include rusty machinery, air pressure, loss of brake fluid pressure, etc. Read this article to learn preventative measures that can be taken to avoid brake failure, as well as lawsuit information if you fall victim to failed brakes.
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National statistics and fatality rates
According to a report done by the NHTSA, from 2005 to 2007 there were a total of 11,044 crashes that were attributed to brake failure.
This means that brake failure accounted for a total of 25% of all crashes during those years.
Most brake failures have been found to be the result of a manufacturing defect, due to brake failures declining over the years.
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Common causes of brake failure
Below we have listed some of the most common causes for brake failure:
- Neglect – not taking your car for regular check-ups
- Overheated brake pads – brakes rely on friction between the rotor discs and brake pads. This produces heat, which can eventually break the brakes
- Frozen calipers – these can freeze due to wear and accumulated rust
- Damage to the rotor discs – if the rotor discs are not functioning properly the brakes will not
- Loss of braking pressure – the fluid may reach a point of vaporization, losing pressure and preventing braking
- Leaking hydraulic fluid – this transmits the braking pressure to the pedal
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How to Prevent Brake Failure
Safety first. Following these steps will lessen your chances of experiencing brake failure.
- Regular maintenance – while at the mechanic, have someone certified take a look at the brake system. They will know what worn parts need to be replaced and what else needs to be checked
- Be aware of the warning signs of failed brakes – these include squealing or grinding noises, delayed stopping of the vehicle, pulsing brakes, etc.
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Brake Failure and Personal Injury
When it comes to brake failure and personal injury claims, there are multiple possibilities. It is most common that the case is either deemed a product liability case or driver negligence case. Let’s discuss what these mean.
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While waiting on my settlement I found myself in a bind. A quick Google search and a couple minutes later I was on the phone with Holly from Uplift. Two days later I had the funds I needed. I’m so glad I chose Uplift for my funding needs.
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Different liabilities
Product liability refers to the responsibility of a manufacturer to create a safe product for the consumer. If the product proves to be hazardous, the manufacturer is held responsible and must cover any damages. In the case of brake failure, the plaintiff must prove that the brakes were defective and ultimately caused the accident and injuries. This can be proven by providing evidence that shows the car was either poorly made or was made in conjunction with other cars with the same issue.
If, however, brake failure results from an otherwise fixable issue or failure to maintain the vehicle, the driver is held accountable. It is up to the driver to take his or her car in for regular maintenance and ensure that the vehicle is safe to drive before taking it out on the road. It is possible to file a claim against a mechanic for causing faulty brakes. Just be sure to ask for legal assistance and back any claim up with evidence.
Because of higher settlement values associated with brake failure cases, brake failure lawsuit loans can often be a higher dollar value than regular car accident loans. Give us a call at (800) 385-3660 to learn more.
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Not as frequent
Due to modern technology such as anti-locking brakes, brake failure is not as frequent as it used to be. However, that does not mean that they do not occur or that they are not just as deadly
It is important to make sure you stay up to date with maintenance checkups in order to avoid a total failure of your brakes while you are driving.
Brakes, like any other part of the car, break down over time. Repeated use causes them to wear. This is why upkeep is so important. You do not want to have to rely on anti-locking technology in case of an emergency.
Frequently asked questions
Below we have answered some frequently asked questions about brake failure lawsuit loans.
What paperwork do I have to fill out for a lawsuit loan?
Uplift Legal Funding is a completely paperless company. So you will never have to worry about forms getting lost in the mail or not arriving on time.
You, as the plaintiff do not have to worry about sending anything at all. It is your attorney who will send us all of the documentation that we need.
And once you have been approved for funding, we have multiple paperless funding transfer options for you to choose from.
Do I have to pay back the funding if I lose my case?
We grant out funding on a contingency base, similarly to how lawyers charge. That means you do not have to pay back the advance if you lose your case.
Can I get a brake failure accident loan?
The requirements for a brake failure accident loan are easily met. If you satisfy all three of the requirements below, then you can get a brake failure accident loan with Uplift today.
- 18 years and older – Uplift cannot grant legal funding to minors
- You must have an attorney – you must have an attorney before applying for a lawsuit loan
- You must have a strong personal injury claim – for brake failure lawsuit loans, there must be evidence of liability against the defendant
If you meet each of the requirements above then you qualify for funding with Uplift! Uplift never checks credit or employment history. We grant our cash advances solely on the quality of your case. You can find out how legal funding works by visiting our page.
Legal funding for your brake failure lawsuit
Because brake failure has more potential defendants, including the manufacturer, mechanic, etc., a stronger case can be taken to trial. The stronger the case, the larger potential for legal funding. Even if your car was the cause of the accident, if brake failure contributed, you might have a strong case and be able to get brake failure legal funding.
At Uplift Legal Funding, we are always on the plaintiff’s side. Do you believe you have a strong case? Apply online or give us a call today at (800) 385-3660 to get started.
Get $500 to $250,000+ as soon as today
No credit check
24 hr. funding
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No credit check
24 hr. funding