Many lending companies have offered a variety of financing options for people during lawsuits, since the settlement negotiation process can take months and even years to resolve. If you’re an injured plaintiff, time might be something you don’t have on your side, especially if you’re out of work.
Yes, you can sell your lawsuit settlement, but not every form of selling your lawsuit is the same. The best option is pre-settlement legal funding from an established, trusted lender like Tribeca Lawsuit Loans.
Why Should I Sell My Settlement?
Pre-settlement legal funding is a way to get money now, when you need it, while waiting for your lawsuit to finally resolve. The repayment amount comes directly out of your compensation package.
As non-recourse debt, pre-settlement legal funding comes at no risk to you. There are no monthly fees, we do not hold you personally liable, and you don’t have to pay back the funding if you lose your lawsuit.
Instead, we take the risk that you’ll lose your suit, just like your lawyer. With non-recourse debt, you don’t have to worry about having your wages garnished or being pursued for repayment like a traditional loan.
What Can I Pay With the Money I Get From Selling My Lawsuit?
You can use your pre-settlement legal funding to pay for any necessary expenses that crop up while you wait for your case to settle or go through the litigation process. That includes items like:
- Rent and mortgage payments
- Medical bills
- The cost of repairing damaged property
- Replacing lost wages
- Food, gas, and other daily expenses
If you are in the midst of a long lawsuit, pre-settlement legal funding might be the answer to your monetary woes. You can get a portion of your eventual settlement or award quickly just by contacting us.
Getting Approval for Pre-Settlement Legal Funding
Tribeca Lawsuit Loans has a few requirements for pre-settlement legal funding qualification, but we have a 94% case acceptance rate. Plus, it is FREE to apply for funding. If you think you might be eligible, fill out the application online.
You must be represented by an attorney or law firm to qualify for pre-settlement legal funding from Tribeca Lawsuit Loans. In part, this is to keep the repayment process simple and stress-free for you.
We work directly with your attorney at the conclusion of your case when it comes time for repayment. Once they receive a check for the compensation amount, they will write us a check for your repayment. This way, you never have to worry about missing payments.
Studies from organizations like the Insurance Research Council have shown that having an attorney makes you far more likely to get the compensation you deserve. People represented by lawyers get, on average, up to four times as much compensation as those without a lawyer.
Case Types We Take
Civil cases that revolve around legal damages are usually eligible for pre-settlement legal funding. “Damages” does not have to mean merely physical injuries. It can also refer to emotional distress, loss of income, and a host of other issues.
Some of the case types of former clients for whom Tribeca Lawsuit Loans has provided pre-settlement legal funding include:
- Personal injury claims (such as car accident cases)
- Product liability cases
- Whistleblower Act violations
- Employment or Labor Law claims
- Medical malpractice lawsuits
- Jones Act cases
In short, if you are expecting financial compensation from your case then you’ll likely clear this requirement. If you pass these two requirements, all the others should be a matter of paperwork.
One thing you won’t have to worry about is an invasive financial history like with a traditional loan. We don’t need to look into your bank account or do a credit check. It’s entirely based on the details of the case.
How to Sell My Lawsuit Right Away
If you are in the middle of the (often lengthy) lawsuit, you can get the money you need now by selling a portion of your eventual settlement or jury award to Tribeca Lawsuit Loans. You can get the money you need today, up to $1,000,000, in your bank account in as little as 24 hours after approval.
Take the sting out of the other side’s pressure tactics by borrowing from your future self today. To get started, simply fill out the form on Tribeca Lawsuit Loans’ Apply Now page for FREE. We look forward to helping you seek justice without financial worry.