Sexual harassment, whether in the workplace or in daily life, can cause significant emotional, physical, and mental harm. If you are one of the estimated 433,648 victims of sexual violence each year, you deserve justice and compensation. However, the legal process can take months or years to get you the help you deserve – that’s where lawsuit loans come into the picture.
Lawsuit loans for sexual harassment cases are designed to help plaintiffs pay for their current expenses while they wait for their eventual settlement or jury award. You pay Tribeca Lawsuit Loans back out of your compensation package, keeping the rest! In a sense, it’s like a lawsuit cash advance that pulls money from your future compensation into the present to pay for today’s financial worries.
Why Lawsuit Loans Are Good for Sexual Harassment Cases
Compensation packages for sexual harassment lawsuits hit an all-time high in 2019, according to research by Fisher Phillips. With a recent cultural shift toward holding harassers accountable for their behavior, victims have a renewed avenue for justice. However, lawsuits tend to take a long time to resolve.
For starters, the statute of limitations on these claims usually requires a lawsuit for sexual harassment to be filed within a year (though different states have different laws). Then, the negotiation phase begins, followed by months of back-and-forth, stalling, and the eventual trial date if an agreement can’t be reached. Meanwhile, you could be waiting and suffering from lack of pay, medical bills, and daily expenses.
A good example of how long sexual harassment cases can take to resolve invovles the Boy Scouts of America. BSA pre-settlement funding proved critical to countless families who spent years fighting the organization for compensation. As more victims come forward, this funding option remains available to them and carries far less risk than other forms of financing.
How Lawsuit Loans Keep Claimants Safe
At Tribeca, our sexual harassment legal funding is strictly non-recourse. This means you are NOT personally liable for the debt you take on when accepting a lawsuit loan. For example:
- We do not touch your personal finances for repayment.
- We cannot seize any of your property to repay the loan, other than the agreed-upon portion of your compensation package.
- You don’t have to pay us back at all if you wind up losing your lawsuit.
How Much You Can Receive as a Sexual Harassment Lawsuit Loan
The pre-settlement funding provided by Tribeca depends on the estimated monetary value of your potential compensation. All instances of sexual harassment are abhorrent, but the details of some cases will influence how much you stand to receive as compensation. This, in turn, affects how much we can provide you with as a loan.
Our team investigates several factors when determining the amount of sexual abuse lawsuit loans we can offer, such as:
- Your total estimated damages
- The expected duration of your lawsuit
- Any issues of liability that may affect your claim
- Applicable state or local laws that cap compensation
- Previous jury awards in similar sexual harassment cases
Tribeca Lawsuit Loans is able to provide anywhere from $500 to $1 million in legal funding, depending on those factors. After your application is approved and everyone has signed the required paperwork, we can have the money in your bank account in as little as 24 hours!
Apply for Your Sexual Harassment Lawsuit Loan for FREE
Ready to experience financial freedom while pursuing the justice you deserve? Apply via our online application form today. It’s totally free, there are no hidden fees or charges, and you could qualify for up to $1 million in funding!
If you would like to speak with a team member about the lawsuit loan process, the status of your application, or anything else related to your lawsuit loan, call our office at (866) 388-2288.