How Long Do I Have to Repay Pre-Settlement Funds?

There has been some discussion in various media outlets about the risks of lawsuit loans. Despite the name, Tribeca Lawsuit Loans specializes in pre-settlement legal funding, which comes at no risk to the client. When you are in the midst of a legal battle, pre-settlement legal funding can help you cover your current expenses while you wait for your case to settle or resolve in court. Once your lawsuit has concluded, your attorney simply sends a check for the agreed-upon repayment amount to Tribeca Lawsuit Loans and you get the rest of your deserved compensation.

That’s the whole process! There is no repayment timeline, and no monthly payment plans, as the repayment amount comes directly out of your compensation package. Plus, pre-settlement legal funding is a form of non-recourse debt, which means a portion of the compensation is all the lender can take as repayment. You don’t have to worry about being hounded for cash, harming your credit score, or paying out of your own pocket. If you wind up losing your lawsuit, you don’t have to pay us back at all!

If you have a lawsuit in the works, you are likely aware that these legal battles can sometimes take months and even years to resolve. In the meantime, you are left with:

  • Medical bills
  • Rent or mortgage payments
  • Daily expenses
  • The cost of necessary medical equipment installed in your home
  • Power and utility bills

The opposing side in your lawsuit knows that injured people are often at a severe disadvantage due to the pressing need for money now. They will try to use this against you in order to make you settle for less than you deserve. With pre-settlement legal funding from Tribeca Lawsuit Loans, you can combat this strategy, have money in the bank for all your current expenses, and give your lawyer the time they need to reach an appropriate settlement arrangement. Call our office today at (866) 388-2288 to speak to a representative about your situation. You can also fill out an application directly online by clicking on our Apply Now page.

What You Need to Provide in Your Application

When applying for non-recourse pre-settlement legal funding, you don’t need to provide detailed information on your personal financial situation. That’s because the repayment comes directly out of your lawsuit settlement or court-ordered compensation package, so it isn’t tied to your finances at all. This means you DON’T have to suffer:

  • A credit check
  • A deep dive into your bank statements
  • Showing proof of income

Instead, our underwriting team will need to know the details of your lawsuit claim. You’ll be asked to provide as much information about your legal situation as possible, including:

  • The name of your attorney or law firm
  • The predicted value of your case and eventual settlement
  • How long you expect your lawsuit to last
  • The type of case you have (i.e. the area of law)

Types of Cases We Fund

Tribeca Lawsuit Loans has helped many clients in situations similar to yours, providing much-needed financial assistance while lawsuits settle. We are able to offer pre-settlement legal funding to clients with a wide range of legal issues.

Employment Law

Some cases may involve wrongful termination, discrimination, or other issues related to employment law. This includes Qui Tam actions and whistleblower lawsuits. Tribeca Lawsuit Loans can help you pay your bills while you pursue justice.

Personal Injury Cases

A majority of lawsuits deal with personal injury claims in which one party suffered either physical, mental, emotional, or property damage due to the negligence of some other party. Our team has been able to help clients with lawsuits stemming from:

  • Slip and fall cases
  • Medical malpractice
  • Car accidents
  • Defective drugs
  • Manufacturing errors (product liability)

Attorney Representation

As an additional requirement, you need to be represented by an attorney or law firm in order to get pre-settlement legal funding. We deal directly with your lawyer when it comes time for repayment. Personal injury funding companies also shoulder all of the risk of legal funding, and plaintiffs who work with lawyers have a better chance of winning their cases.

Studies have shown that clients who are represented by skilled legal counsel also get significantly more compensation than those who try to represent themselves. This remains the case even after factoring in attorney fees. That’s good news for you, and it also helps Tribeca Lawsuit Loans by reducing the risk of lawsuit loss.

Apply for Pre-Settlement Funding for FREE

You deserve to be able to seek justice in your case without having to worry about bills and expenses piling up. In a perfect world, the at-fault party in your case would be unable to use your need for immediate financial relief as a weapon against you. With pre-settlement legal funding from Tribeca Lawsuit Loans, that perfect world can be a reality.

Fill out the form on our Apply Now page for FREE today. Our team will analyze your case and determine whether you qualify for pre-settlement legal funding. In as little as 24 hours after you are approved, you can have anywhere from $500 to $1,000,000 in your bank account! If you prefer to speak to a representative, call our office at (866) 388-2288.

Call 866-388-2288

Apply Today


Fill out the form for a free consultation and quote. Get cash within 24 hours of approval.
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Still Have Questions?

Call us toll-free at 866-388-2288 to speak with a friendly funding specialists today.

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