Plaintiffs in sexual abuse lawsuits deserve as much compensation as possible, but sometimes the legal process takes ages. You may be waiting for the settlement you deserve for months or years. Legal funding helps victims of sexual abuse cover their current expenses instead of having to wait for a future compensation package.
Interested in getting up to $1 million in your bank account? Fill out the FREE form on our Apply Now page. There are no hidden fees or costs. If you have questions about the process, please call Tribeca Lawsuit Loans’ office at (866) 388-2288.
How Lawsuit Loans Work in Sexual Abuse Cases
Legal funding is a safe, no-risk way for you to get money in the here-and-now while you wait for your attorney to negotiate a fair settlement (or for your case to proceed to trial). It’s non-recourse, which means:
- The most we can take as repayment is the collateral (i.e. the agreed-upon portion of your settlement package).
- You are NOT personally liable for repayment (so we don’t touch your personal finances).
Is There Interest on Legal Funding for Sexual Abuse Lawsuits?
Yes, there is some interest charged on legal funding. However, Tribeca Lawsuit Loans always charges a simple interest rate rather than a compound interest rate. This means the interest is applied to the original loan amount each month rather than the accumulated interest.
This low, simple interest rate gives clients who are involved in lengthy settlement negotiations, such as those who took out Boy Scouts of America pre-settlement funding, a chance to walk away with much of their award.
Our Maximum Funding Amount
The exact amount we can provide you within your sexual abuse case depends on several factors, including:
- Your expected compensation or settlement
- How long your lawsuit is expected to last
- The strength of your case and the likelihood of you receiving compensation
- The potential monetary value of your damages
While we can’t say how much you are eligible for without seeing your application and discussing the case with your attorney, our underwriters have approved anywhere from $500 to $1 million in pre-settlement funding in the past.
Sexual abuse lawsuits can have tremendously varied compensation amounts, so it’s necessary to analyze your case when determining how much money we can provide you with.
How to Repay Your Sexual Abuse Lawsuit Loan
One of the best parts about legal funding is that you don’t have to worry about repayment. At the conclusion of your case, your attorney will receive a check for the settlement or jury award amount. They’ll write Tribeca a check for repayment, take out their attorney’s fees, and you get the rest.
What if You Lose Your Case?
Unfortunately, not all sexual abuse cases end with true justice being served. However, we don’t want to add lending repayment woes to your list of worries post-lawsuit.
Tribeca Lawsuit Loans takes on all the risk in this type of lending arrangement. If you receive no compensation at the end of your lawsuit, you don’t have to pay us back at all.
Get Funding for Your Sexual Abuse Lawsuit
Fill out our Apply Now form to send us information about your case and see whether you are eligible for pre-settlement funding. Tribeca has a 94% case acceptance rate, so odds are good that we can help you cover expenses like daily costs, medical bills, legal fees, and more.
You can also speak to a friendly, compassionate team member by calling (866) 388-2288.