FAQ (Frequently Asked Questions)

Who are you?

We are a litigation funding company, offering you this business opportunity.
Litigation funding means to provide financing of legal proceedings. 
In short: WE ARE AN EXPERIENCED AND DETERMINED TEAM OF PROFESSIONALS

What costs will I incur if I hire you to provide the funding for my damages proceedings?

If no financial success is achieved, you will not have to bear any costs or risks. In case of success we will receive a certain portion of the money as previously agreed upon in a written litigation funding agreement.
In short: NO MONEY RETRIEVED FOR YOU, NO COST.

What advantages will I have by hiring you to get my claims enforced?

You will bear no risk and will not have to pay any upfront costs. The whole process is coordinated by us. Even more important than that, you are in best hands. This case may look simple on the first look, but actually it is highly complex one, with many potential traps, requiring continuous financing at a currently unknown level. Few companies can handle this project the same way we do. 
In short: YOU WORK WITH THE INNOVATIVE MARKET-LEADER.

How to start this?

By contacting us. We will then send you our step-by-step info material and provide you with an offer.
In short: USE BELOW FORM OR WRITE TO info@truckcartelrefunds.com

What entitles me to damage claims against the truck cartel?

If you bought or leased a new or used truck over 6 ton (total) weight between 1997 and 2016 from Daimler, Iveco, DAF, MAN, Volvo / Renault or Scania.
In short: NEW AND USED TRUCKS PURCHASED BETWEEN 1997 and 2016.

I meanwhile have sold the vehicle. Can I nevertheless claim damages?

This does not affect your claims for damages, they still exist. Only in the amount of the compensation you may have to accept a discount, because you are assumed to have achieved a higher resale price caused by the same effect.
In short: YES, BUT POTENTIALLY A LOWER AMOUNT.

What if I do not have the invoice for the respective vehicle anymore?

Well, that's bad news. However flexible and helpful we are, unfortunately we cannot represent your claim without valid invoice or purchase/leasing contract. The reason for this is that namely these are the basic documents that are requested before the court.
In short: IF YOU DO NOT HAVE YOUR INVOICE OR CONTRACT, WE CANNOT REPRESENT YOUR CLAIM

How long will the proceedings take?

At the present time, this is difficult to estimate. In case of litigation, it may take several years. If a settlement can be reached, either at some early stage of litigation or out of court, it would take much less time.
In short: ANYWHERE BETWEEN 1-4 YEARS.

Is an out-of-court settlement to be expected?

We will first try to achieve an acceptable out-of-court settlement. Past experience rather suggests that there will be litigation though. A common strategy of large corporations in similar cases is often to make life as difficult as possible for claimants to achieve a deterrent effect.
In short: PROBABLY NOT. 

How much time is left until my claims get time-barred?

Currently it is not completely clear. Our experts agree on that purchases made between 2004 and 2016 are now an excellent basis to claim. We are focusing on these claims. At the same time, however, it is likely that later on, vehicles purchased between 1997 and 2002 will be eligible for compensation, too. 
In short: FOR VEHICLES PURCHASED BETWEEN 2004 AND 2016, IT IS RIGHT TIME FOR STARTING A CLAIM

What compensation will I get?

This is actually the biggest catch in this process. It is expected that series of extensive reports and cross-border comparative analysis will be necessary to quantify the damage suffered by buyers as a result of the illegal cartel. We assume it will be in the region of 5-20% of the purchase price or leasing rates.
In short: IT WILL BE A LONG AND COSTLY BATTLE TO COME UP WITH THE FINAL NUMBERS.

How much time will I have to spend to help with the preparation of the proceedings in case I hire you for litigation funding?

Once you have submitted the required documents, almost no more effort is required from you. It is our responsibility to handle everything. You will not have to personally participate in any proceedings.
In short: THE PROCESS IS JUST AS IMPORTANT TO US, AS IT IS TO YOU. YOU WILL GET REGULAR UPDATES BY E-MAIL.

Why couldn’t I simply turn to the respective truck manufacturer and demand damages?

Of course, you can do so. The results will probably not satisfy you. The past has often shown that corporations vigorously deny compensation claims out of hand, no matter how valid they may be. Companies are taking advantage of the deterrent effect of a complex lawsuit. They expect the strict refusal to pay anything will work in their favor if only a fraction of the claimants eventually go to court. And regrettably, they are probably right. 
In short: IMAGINE THIS ENDEAVOR JUST LIKE GETTING A SPACESHIP TO THE MOON. EVERYTHING MUST BE AT PLACE, ON TIME. FAILING TO PREPARE WELL WILL RESULT IN COSTLY DISASTER. EVERYONE IS FREE TO TRY BY HIMSELF, VERY FEW WILL ACTUALLY GET IT DONE.

Questions? Get in touch!