Michigan lawsuit loans are non-recourse cash advances that help plaintiffs remain financially stable while waiting for a fair settlement amount.
Tribeca Lawsuit Loans provides cash before a case settles to help manage medical bills and living expenses while your lawsuit is pending. These advances are repaid only after settlement and do not affect your credit score.
30 Reviews / 4.4 out of 5 stars
335 Reviews / 4.4 out of 5 Stars
Tribeca Lawsuit Loans makes it fast and easy for Michigan plaintiffs to get lawsuit funding with no upfront fees, no credit check, and same-day decisions. Our application process is simple, and our approval is based on the merit of your case, not your credit history.
Apply online or call 866-388-2288. We require no credit check, and it only takes minutes to submit your details.
Our legal experts will carefully review your case. Every case is subject to case merit evaluation.
Receive your funds in as little as 24 hours. Use the cash to cover urgent expenses, including medical bills, rent, or utilities.
Familiarity with Michigan’s fault laws, statute of limitations, and minimum policy limits ensures that you are well-informed about the legal process.
| Available Funding Amount in MI from Tribeca Lawsuit Loans | $500 – $2,000,000 |
| Fault Laws in Michigan (M.C.L.A. § 600.2959) | Modified Comparative Fault (51% Bar Rule), wherein compensation is reduced proportionally to your share of the fault, unless found to be 51% or more at fault. |
| Statute of Limitations in Michigan (Chapter 600, Act 236, Ch. 58, Sec. 600.5805) | General Injury or Death: 3 years
Assault, Battery, or False Imprisonment: 2 years Assault or Battery by Spouse/Former Spouse/Dating Partner: 5 years Criminal Sexual Conduct: 10 years Malicious Prosecution: 2 years Malpractice (e.g., Medical, Legal, etc.): 2 years Libel or Slander: 1 year Products Liability: 3 years Professional Malpractice (Architects, Engineers, Surveyors): 6 years or 1 year from defect discovery (M.C.L.A. § 600.5839) |
| Michigan Minimum Policy Limits (M.C.L.A. § 500.3009) | Bodily Injury Liability (BI)
Property Damage Liability (PD): $10,000 for injury to or destruction of property in any one accident. |
| Minimum UIM Auto Insurance Limits in Michigan | Personal Injury Protection (PIP): Opt out, $50,000 for Medicaid recipients, $250,000, $500,000, or no limit (M.C.L.A. § 500.3107c).
Property Protection Insurance (PPI): $1 million for damage to property, such as fixed objects or other vehicles, in Michigan (M.C.L.A. § 500.3121). |
30 Reviews / 4.4 out of 5 stars
335 Reviews / 4.4 out of 5 Stars
Tribeca Lawsuit Loans excels in providing Michigan residents with fast, transparent, and expertly tailored financial assistance during legal proceedings.
No. Settlement loans are non-recourse, meaning repayment is only necessary if your case is successful. They are not classified as income and are therefore excluded from the IRS’ taxable guidelines.
However, the final pre-settlement funding amount (not the loan itself) might have tax implications if it includes interest or punitive damages under IRS rules (26 U.S.C. § 104). Speak to a tax professional to assess your full compensation breakdown.
Yes. Working with a Michigan-specific pre-settlement funding provider offers benefits like familiarity with state regulations, faster communication, and easier coordination with Michigan-based attorneys. Tribeca Lawsuit Loans collaborates with local attorneys to ensure a seamless application process and expedited approval.
We also follow Michigan consumer lending laws to ensure full compliance. This localized expertise helps us expedite the process and get you the funds you need faster.
Yes. At Tribeca Lawsuit Loans, approval is based on the strength of your case, not your credit score. Our settlement loans are non-recourse and are calculated based on the expected settlement of your case. We do not do credit checks or verify your financial capabilities.
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Yes, legal funding is legal in Michigan, but they are not state-regulated. There is no explicit statute prohibiting lawsuit loans in the state.
Despite the absence of specific regulations, legal funding companies must adhere to general consumer protection regulations, such as the Michigan Consumer Protection Act, M.C.L.A. § 445.901 et seq.
Tribeca Lawsuit Loans adheres to all Michigan rules and regulations, ensuring that our legal funding practices comply with state laws and consumer protection standards.
Yes. To qualify for pre-settlement funding in the Wolverine state, you’ll need to be represented by a contingency-based attorney (typically a plaintiff’s attorney, such as a personal injury attorney). Once compensation is awarded, it goes first to your attorney, who is obligated to pay the lender their due portion before deducting their fees and sending you the balance.
Each Michigan plaintiff is eligible for legal funding ranging from $500 to $2,000,000. The amount you can get depends on your case type, the severity of injury, jurisdiction, court, and estimated settlement value.
Tribeca Lawsuit Loans provides appropriate pre-settlement funding based on the strength of your case and your expected settlement amount, ensuring that you get the financial support you need during your litigation. Apply online or call 866-388-2288 to get started today.
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