Personal injury loans are a financial lifeline that empowers plaintiffs with immediate cash before their settlement is reached.
Unlike conventional loans, the interest rate for these lawsuit advances is determined by the strength of your case, not your credit score. Plus, they are non-recourse, meaning if your case doesn’t win, you’re not obligated to repay.
Personal Injury Lawsuit Loans for Plaintiffs
When an individual suffers a severe injury due to the negligent or reckless behavior of another party, they may be entitled to financial restitution through a personal injury lawsuit.
Regrettably, even when your case is almost certain to succeed, reaching a settlement in a personal injury lawsuit can take a significant amount of time.
The wait for a settlement check can impose an immense financial strain on an injured victim and their family.
With Tribeca Lawsuit Loans, our team offers the most cost-effective personal injury lawsuit advances for plaintiffs awaiting their settlement. We understand that the personal injury claim process can be lengthy and stressful.
Our company is here to alleviate some of the financial pressure on you and your family. We provide immediate, affordable personal injury settlement funding across the nation.
If you’re struggling with mounting bills while waiting for your personal injury settlement, please reach out to our caring team to explore your financial alternatives.
“I was in a bind to get caught up on my rent and car note/insurance, and Tribeca Lawsuit Loans came through with the funding I needed without a worry or a hitch in the process. I love the customer service and care and how attentive they are to details. Thank you, Tribeca.”
Testimonial by Stephen A Triplett Jr.
Understanding Personal Injury Lawsuit Advances
Personal injury lawsuit advances are a lifeline for plaintiffs awaiting a settlement. These advances are not based on your credit score but on the strength of your case. They are non-recourse, meaning if you lose your case, you don’t have to repay the advance. The only source of repayment is the future settlement of the case and the advance funds.
Why Consider Advances Against Personal Injury Lawsuits
The settlement process for personal injury lawsuits can be lengthy, causing financial strain as medical and living expenses accumulate. Many victims may temporarily or even permanently lose their earning capacity as they recover. Tribeca Lawsuit Loans is committed to alleviating this burden. We offer affordable personal injury advances for immediate financial relief.
Why Choose Tribeca Lawsuit Loans
Unlike some funding companies that charge exorbitant interest rates and hidden fees, Tribeca Lawsuit Loans is transparent and fair. We offer:
- A clear application process
- Low, fair interest rates
- No hidden fees
- Quick, responsive customer support
- No repayment required if you lose your lawsuit
If you’re struggling with daily expenses and lawsuit costs while waiting for your settlement, consider applying for a lawsuit advance with Tribeca.
Tribeca Lawsuit Loans is headquartered in New Jersey with satellite offices throughout the United States, but proudly serves most of the United States.
How Pre-Settlement Funding Works
Your settlement may not arrive for months or even years. However, it’s possible to estimate its size based on the facts around your case. This is the principle behind personal injury settlement advances, which allow you to borrow against this expected amount. Legal funding allows you to access the money from your future settlement now, helping you resist the financial pressure to settle for less.
How Personal Injury Settlement Advances Help Accident Victims Win Bigger Settlements
Personal injury cases can drag on for months or even years. Defense attorneys and insurance companies often employ delaying tactics to protect their interests. They hope that your mounting medical bills and living expenses will put you in financial distress, forcing you to accept a lower settlement offer. A personal injury lawsuit advance gives you the cash reserves you need to manage expenses and give your attorney the time they need to get the best settlement possible.
Types Of Cases That Qualify For Personal Injury Settlement Advances
Pre-settlement funding can be used for a wide array of personal injury cases. Here are some of the most common types of personal injury lawsuit advances we fund:
These are pre-settlement funds provided to individuals who have filed a lawsuit due to injuries sustained in a car accident. The advance helps cover medical bills, lost wages, and other expenses while the case is being settled.
These advances are for workers who have been injured on the job and are in the process of filing a workers’ compensation claim. The advance can help cover medical expenses and lost wages during the lengthy legal process.
Slip and Fall
These are pre-settlement funds provided to individuals who have filed a lawsuit due to injuries sustained from a slip-and-fall accident. The advance helps cover medical bills and other expenses while the lawsuit is being settled.
These advances are provided to victims who have filed a lawsuit due to sexual abuse. The funds can be used to cover therapy costs, lost wages, and other related expenses while the case is being settled.
These are funds provided to individuals who have filed a lawsuit due to injuries or harm caused by medical negligence. The advance can help cover medical bills, lost wages, and other expenses while the case is being settled.
These advances are for individuals who have filed a lawsuit due to injuries or harm caused by a defective product. The funds can be used to cover medical expenses, lost wages, and other related expenses while the case is being settled.
These are pre-settlement funds provided to construction workers or bystanders who have been injured in a construction site accident. The advance helps cover medical bills, lost wages, and other expenses while the lawsuit is being settled.
These advances are provided to the families of individuals who have died due to the negligence or misconduct of another party. The funds can be used to cover funeral expenses, lost income, and other related costs while the lawsuit is being settled.
Police Brutality and Misconduct
These are funds provided to individuals who have filed a lawsuit due to injuries or harm caused by police brutality or misconduct. The advance can help cover medical bills, lost wages, and other expenses while the case is being settled.
Nursing Home Negligence
These advances are provided to individuals or families who have filed a lawsuit due to negligence or abuse in a nursing home. The funds can be used to cover medical expenses, relocation costs, and other related expenses while the case is being settled.
These are funds provided to individuals who have been wrongfully imprisoned and are in the process of filing a lawsuit. The advance can help cover lost wages, legal expenses, and other related costs while the case is being settled.
These advances are provided to individuals who have filed a lawsuit due to sexual harassment. The funds can be used to cover therapy costs, lost wages, and other related expenses while the case is being settled.
Traumatic Brain Injury
These are pre-settlement funds provided to individuals who have filed a lawsuit due to a traumatic brain injury caused by another party’s negligence. The advance helps cover medical bills, therapy costs, and other expenses while the lawsuit is being settled.
Civil Rights Violations
These are funds provided to individuals who have filed a lawsuit due to violations of their civil rights. The advance can help cover legal expenses, lost wages, and other related costs while the case is being settled.
Spinal Cord Injury
These are pre-settlement funds provided to individuals who have filed a lawsuit due to a spinal cord injury caused by another party’s negligence. The advance helps cover medical bills, therapy costs, and other expenses while the lawsuit is being settled. This can be particularly helpful given the often extensive and long-term medical care required for spinal cord injuries.
What Expenses Can Be Paid By Personal Injury Pre-Settlement Funding?
A personal injury case can take months or even years to settle. During that time, you could face mounting bills and have less money to pay them than before your accident. A personal injury lawsuit cash advance can help you cover lost wages and other living expenses so you can resist the defense’s pressure to settle for less. Personal injury advances cover expenses such as:
- Medical care
- Rent or mortgage payments
- Car payments
- Child care expenses
- Educational expenses, such as student loans
- Credit card debt
- Groceries, utilities, and other living expenses
Am I Qualified For A Personal Injury Pre-Settlement Advance?
You’re likely pre-qualified to receive pre-settlement financing from funding companies if you have pending personal injury claims. However, that alone won’t be enough to help you obtain a personal injury pre-settlement advance. You’ll need to meet a few other basic qualifications to get approved for personal injury advances.
The primary factor impacting your eligibility for personal injury lawsuit advances is the quality of your case. If it appears clear that you were the victim of the defendant’s actions and the defendant’s insurance company accepts liability, you could qualify for bigger immediate cash advances with lower interest rates.
To get advances for a personal injury claim, you only need to fulfill a handful of basic qualifications:
- You’re 18 years of age or older.
- You have filed a personal injury lawsuit.
- You are represented by a contingency-based attorney.
Unlike other forms of financing, there are no credit checks you have to pass to get a personal injury advance. This is why your credit score, employment history, and valuation of personal assets won’t impact your eligibility for lawsuit advances. All that determines whether or not you get legal funding are the facts around your lawsuit, and if a lawyer represents you.
What State Laws Impact My Pre-Settlement Funding Eligibility?
The most common state laws that can impact your eligibility for personal injury pre-settlement advances are statute of limitations laws. Statute of limitations laws set a maximum time period after an event when a person must file their case, or else their legal claim will be barred. In some states, you have as little as a year to file a lawsuit for a personal injury claim. Unfortunately, it often takes a year or longer to even know the full scope of damages you suffered and estimate a fair amount for compensation. You must run a balancing act and file your case before the statute of limitations expires, but only after knowing the full extent of your damages.
How Much Can I Get In Personal Injury Settlement Funding?
In most cases, you’ll be able to get anywhere from 10-30% of the estimated value of your financial compensation as a lawsuit cash advance. The amount of money you receive as a settlement advance will depend on the specific circumstances of your case. We’ll take a detailed look at who is liable for your damages, what kind of coverage is available for them, and their potential amount.
How Much Do Personal Injury Advances Cost?
The price of your settlement funding will depend on the circumstances around your case. There is no one set price you can expect to pay for a personal injury advance. Each settlement is different and varies in both risk and potential payout for injured victims and lenders. However, we can say that we have no hidden fees, and we charge only a low, simple interest rate.
How Risky Is Legal Funding For Personal Injury Claims?
Legal funding has several advantages over other funding sources you might turn to, such as a personal loan, second mortgage, or credit cards. Remember that the IRS classifies personal injury advances as non-recourse loans. This means that:
- Your personal finances, assets, or property cannot be attached to repay the debt.
- You don’t have to repay the advance at all if you lose the lawsuit.
- You won’t ever owe more than your settlement is worth.
Non-recourse personal injury lawsuit advances carry no risk at all for borrowers. Unlike traditional loans, the only collateral at stake with injury lawsuit advances is your settlement award. This means any repayment of your lawsuit advance comes only from the settlement of your personal injury claims, leaving your personal assets untouched.
How Does Personal Injury Lawsuit Advance Repayment Work?
With traditional loans, monthly payments begin immediately. But litigation advances can only be repaid from your future compensation, so we’re prepared to wait. When your personal injury claim finally resolves, the at-fault party will cut a check for the total settlement you are awarded. That check will be sent to your attorney or law firm, who will deduct the agreed-upon portion to repay our personal injury advance.
Your attorney or law firm will also deduct their fees and then send the balance of the payment to you. It’s just that simple and hassle-free.
Why Choose Tribeca For Lawsuit Advances?
First, because your lawsuit funding company (like Tribeca) will never see a cent of your own money, our personal injury lawsuit advance application has:
- NO credit checks
- NO income verification
- NO personal asset valuation
Secondly, you will never experience monthly repayment demands, harassing letters, or phone calls for repayment. Instead, we get repaid by your attorney through your settlement funds.
Thirdly, because your compensation is the only source of money that can be used to repay your personal injury lawsuit funding, you don’t have to repay your advance if you lose your case.
Tribeca Lawsuit Advances seeks to level the playing field for your fight for your owed compensation. With personal injury advances, you may even win a bigger settlement.
How Do I Apply For Personal Injury Settlement Advances?
Our company understands that you’re likely in desperate financial straits by the time you decide to apply for legal funding. This is why Tribeca Lawsuit Advances has worked hard to streamline our personal injury advance application, making it quick and easy to apply, get your answer, and then get your money. It’s just three simple steps:
You apply. Simply visit our website’s Apply Now page to provide your contact information, your attorney’s contact details, the background of your case, your state of residence, and the amount of funding you need.
We evaluate your claim. Our underwriters will contact your legal team to research your case. After getting more information, they crunch the numbers to determine how much money we can offer you.
We will deposit your advance. Just as soon as we get all the documents signed by you, your attorney, and our team, we will deposit your money directly into your personal account.
Typically, you can get your money within just 24 hours. In some situations, we can fund the same day that you apply!
To ensure your application moves smoothly and quickly, please contact your attorney right after sending us your application. Let your lawyer know that you have applied for a personal injury settlement advance with Tribeca Lawsuit Advances and that you authorize your legal team to speak with us.
Apply For A Personal Injury Lawsuit Advance For FREE!
Our company offers pre-settlement legal funding for personal injury cases. We can provide you with a maximum advance of $2 million in personal injury lawsuit advances. Our application process is quick, easy, and FREE to complete. Simply visit our Apply Now page or call us at (866) 388-2288 – one of our friendly team members will be happy to assist you. Within 24 hours of your application’s approval, we can send a settlement advance for personal injury lawsuit funding.
Tribeca has lent an estimated $45 million in personal injury advances to our clients across the United States. Contact us today to get the resources you need to win your personal injury case!
Personal Injury Lawsuit Advances – Frequently Asked Questions
How do I qualify for a personal injury pre-settlement advance?
To qualify for a personal injury pre-settlement advance, you must have a pending personal injury lawsuit. The strength of your case is a significant factor in determining your eligibility. You must also be represented by an attorney who works on a contingency basis. There are no credit checks or employment history checks involved in the qualification process.
How much is my personal injury case worth?
The worth of your personal injury case depends on various factors, including the severity of your injuries, the level of negligence of the defendant, and the impact of the injury on your life and work. The potential settlement amount can be estimated based on these factors. A pre-settlement advance can provide you with 10-30% of this estimated value.
Why is my personal injury claim taking so long?
Personal injury claims can take a long time due to various reasons. These include the complexity of the case, the willingness of the defendant to settle, and the amount of time it takes to fully understand the extent of your injuries and damages. Insurance companies and defense attorneys often employ delaying tactics, hoping that financial pressure will force you to settle for less.
How do I increase my personal injury settlement?
Increasing your personal injury settlement involves proving the extent of your injuries and the negligence of the defendant. Detailed medical records, expert testimonies, and strong legal representation can help. A pre-settlement advance can give you the financial stability to resist low settlement offers and give your attorney the time they need to negotiate a better settlement.
What are slip-and-fall lawsuit advances?
Slip-and-fall lawsuit advances are pre-settlement funding provided to plaintiffs who have filed a lawsuit due to injuries sustained from a slip-and-fall accident. The advance is based on the estimated settlement of your case and is designed to help you cover your expenses while you wait for your case to settle.
Can I get a personal injury advance with bad credit?
Yes, you can get a personal injury advance even with bad credit. The approval for an advance is based on the strength of your case, not your credit history or employment status.