You know you have an air-tight case, and your lawyer agrees. It’s just a matter of time before the insurance company pays up. So why should you have to wait for them, or the court, to give you what you know is yours?
Tribeca offers lawsuit loans to people in Norfolk and across the country so they can move on from their accident. These lawsuit loans are an advance on your settlement and can only be repaid through your settlement. That means if you don’t win, you don’t have to pay!
Which Cases Qualify for Lawsuit Loans?
Your case or claim needs to be one where you could win financial compensation. That potential compensation is the collateral you’ll use to borrow from us. There are a wide variety of cases that could qualify, including:
- Personal injury claims
- Car accident cases
- Employment disputes
- Labor law violations
- Medical device malfunctions
- Medical malpractice
- Qui Tam and whistleblower cases
The other requirement is that you need legal representation. Your lawyer gives us vital information our underwriters need to know to see how much we can offer you, what interest rate to charge, and if you qualify.
How Much Could I Get From My Settlement?
The amount you could get early from your lawsuit depends on certain factors related to your case. These include:
- Your expected settlement amount
- Your total damages
- The strength of your claim
- How long your lawyer expects your case will last
Naturally, Tribeca wants you to keep a sizable settlement after you win your case. Thus, we can only lend up to a certain percentage of your estimated award. That way, even after you pay us and your lawyer, you’ll still have plenty left over.
Our Norfolk lawsuit loans tide your finances over until your settlement comes in. That way, you don’t have to worry about the stresses of creditor calls, repossession, or even eviction.
What if I Lose?
Lawsuit loans are non-recourse, which means you are not held personally liable for paying us back. This means that the most we could ever take from you is the agreed-upon portion of your compensation.
If you lose your case and get nothing, that means we get nothing as well. But because it’s a non-recourse form of funding, we cannot garnish your wages, dock your credit, or touch the rest of your money in any way.
If you win, your lawyer will handle all the repayment details, usually paying us in one lump sum after they get paid. Plus, this form of funding is usually non-taxed!
Get Your Loan Today
If you need a lawsuit loan in Norfolk, you’ve come to the right place. Tribeca is ready to help you get the money you need while you wait for your case or claim to finish. To get started, click on the Apply Now button at the top of your screen, or call us directly.
We will ask you a few questions about your case and get your permission to speak with your attorney. After we talk with them, we will let you know if you qualify. Be sure to let your lawyer know to expect a call from us after you finish your application to avoid delays!