Escondido lawsuit loans can help you win the maximum settlement if you’re currently involved in litigation. Few plaintiffs can afford long and expensive legal battles, but with a lawsuit settlement loan, you’ll have the cash you need to keep up your legal fight.
Lawsuit settlement loans carry no risks for the borrower and can provide a critical lifeline during your fight for justice. Find out how Escondido legal funding can benefit you and if it’s the right choice for your needs.
How Do Escondido Lawsuit Settlement Loans Work?
You’re waiting on a settlement, but there’s always the chance you’ll have to settle for less. Medical bills, lost income, and mounting rent and mortgage payments can all take their toll. Defendants often try to drag out settlement negotiations in the hopes of making plaintiffs accept a lower award, especially if they’re facing a substantial penalty.
Many people miss out on their maximum settlement simply because they can’t afford to fight for it, and even more never even file a lawsuit because they can’t bear the expense. Escondido pre-settlement funding can help you overcome this problem by borrowing against the expected value of your future settlement. With this money, you can cover your expenses and continue your legal battle.
What Types of Cases Do Lawsuit Loans in Escondido Cover?
Lawsuit loans in Escondido can be used in a wide array of cases, including the following:
- Auto accidents
- Pedestrian accidents
- Personal injuries
- Employment lawsuits
- Labor disputes
- Product liability
- Defective device
- Medical malpractice
- Wrongful death
If you’ve filed a lawsuit, it’s likely that your case qualifies for Escondido legal funding. We can answer any questions you might have about whether your case qualifies for a lawsuit loan.
How Are Escondido Lawsuit Loans DIfferent from Other Forms of Debt?
Escondido lawsuit loans carry no risks to the borrower and don’t require extensive credit checks or employment verifications. This makes them substantially different from other forms of debt that you might take on to finance your lawsuit, such as credit cards or personal loans. They’re also much easier to get, as you can be awarded money from a lawsuit loan within 24 hours.
Lawsuit settlement loans in Escondido are offered on a non-recourse basis, which they can be offered with the above advantages. Your financial history has no bearing on whether you qualify for pre-settlement funding in Escondido, and only your case will be taken into consideration. This also means that as non-recourse debt, you’re under no obligation to repay them if you lose your case.
How Much Does an Escondido Lawsuit Settlement Loan Cost?
Each Escondido lawsuit loan is preceded according to the risks associated with the particular case it covers. We’re unable to give you an estimate as to how much yours would cost or what a typical loan costs. However, we can help you identify some common pricing practices of reputable lenders so you get the best deal for your lawsuit loan.
For one, a reputable legal funding company won’t charge you exorbitant fees or interest rates. A good legal funding company will typically charge only low, simple interest rates, leaving with more of your settlement. You’ll be able to avoid the high, compounding interest rates that other companies or forms of debt may charge.
How Do You Qualify for an Escondido Lawsuit Loan?
In order to qualify for an Escondido lawsuit loan, you’ll simply need to meet the following conditions:
- You have an ongoing lawsuit.
- You’ve hired a lawyer on contingency.
- Your lawyer approves of you receiving third-party legal funding in Escondido.
As long as you meet the above conditions, there’s a strong chance that you’ll qualify for a lawsuit loan. That’s because legal funding companies only examine your case when making a determination as to whether or not they’ll lend to you. However, if your lawyer doesn’t approve of receiving lawsuit funding, we won’t be able to assist you unless you find one who does.
Apply for an Escondido Lawsuit Loan Today!
At Tribeca Lawsuit Loans, we can offer you up to $1 million in legal funding within 24 hours of your application. We make the process simple to complete, and it just takes minutes to apply and hours to be approved. All of our Escondido lawsuit settlement loans are nonrecourse and come with low, simple interest to leave you with more of your settlement.
Our team believes our job is to make your life easier, so we make it simple to get the legal funding you need to fight for the justice you deserve. Should you require more legal funding than you initially thought, we can make arrangements to offer further assistance. Get in touch with us today to get the help you need in your legal fight.