FAQs

Downtime is that time when your equipment is down and not making money. Downtime, Lost Revenue, Loss of Revenue, Loss of Use, Lost Income, and Business Interruption Losses are terms often intermingled within the industry. When rolling assets are not moving, no income is produced. Owner operators don’t make income while equipment is sitting still. However, businesses continue to have fixed expenses (insurance, truck payment, office expenses, etc). Owner-operators and motor carriers who lose the use of their trucks following an accident are stripped of their income-making capacity, playing havoc with their livelihood and bottom line. Large losses of revenue add up quickly.

In order to speak with an attorney about your case, please call, email, or complete the “Get Started” questionnaire. We will review your information and get back with you as quickly as possible. The consultation is usually free of charge.

Documents vary depending on the case. Has the adverse party admitted wrongdoing and accepted liability? If not, we will need the documents and evidence proving they were at fault. If they have agreed they were at fault, we will need documents and evidence proving the financial loss your business had because of the accident. We will provide you with a list of the documents needed. We will request a breakdown of your income and expenses. If the accident occurred during a high-income time of the year, we will want the data which proves these higher-than-normal figures. We will calculate lost profit on a daily basis and multiply this loss by the number of working days down to arrive at your lost income figure.

There is no charge to talk with an attorney. Once we take your case, we work on a contingency fee basis. This means we take a percentage of the settlement at the end of the case. The amount of the contingency fee depends on the size and facts of the case. Many law firms handle these matters only on an hourly basis — with a hefty retainer. We are a positive alternative to this scenario. We strive to recover lost profits for owner operators from negligent third parties.

1. You have a free initial consultation with a lawyer.
2. You sign the contract, complete the forms and submit your evidence to our office.
3. We set up a file and send you an Acknowledgement Letter.
4. We review the file and contact you for any additional documents and evidence needed.
5. Once all information is analyzed, we prepare and send a demand letter with attachments to the adverse party or their insurance company.
6. We call the adverse party or their insurance company if they don’t call us.
7. If the adverse agrees they were at fault, we discuss and negotiate the amount of the loss and provide whatever documents they need to settle the case .
8. With each offer, our staff contacts you to let you decide if it is an offer worth accepting.
9. If we can come to an agreement and resolve the case, the adverse will often send us a release for you to sign.
10. Once the release is signed, the adverse will send us a check.
11. Once that check has cleared our trust account, we will remit your settlement, less our fee, to you.
12. If we cannot come to terms with the adverse on settlement, we will ask you for court costs to refer the file out to a local attorney to file suit.