There are many resources out there for people with pending lawsuits, but the legal funding from Tribeca Lawsuit Loans is among the best. Unlike traditional lending, legal funding is non-recourse, which means you are not held personally liable for the debt you take on. We don’t pursue repayment out of your personal finances, there’s no credit check necessary, and you don’t pay us back if you lose your case.
Ready to be free of the financial stress that surrounds you during a long lawsuit process? Head over to our Apply Now page to get started. Once you’ve filled out the application, our team will assess your qualifications and make a decision as quickly as possible. Call our office at
(866) 388-2288 or fill out the form on our Contact page with any questions or concerns.
Pre-Settlement Legal Funding Basics
Sometimes, the opposing side will try to draw out the process and delay a resolution just so you become desperate enough to settle for less than you deserve. With pre-settlement cash advances, you are able to meet your family’s needs now so your attorney can fight for appropriate compensation for you.
The money you get from Tribeca Lawsuit Loans can be used for anything you need. Clients often use pre-settlement financing for expenses like:
- Medical bills
- Purchase and installation of necessary medical equipment for the home
- Replacing lost wages due to injury
- Repairing or replacing damaged property
- Rent or mortgage payments
- Daily costs such as food and transportation
Once you are approved, our team can have anywhere from $500 to $1,000,000 in your bank account in as little as 24 hours! It’s your money to spend as you see fit.
In fact, it’s essentially a lawsuit cash advance that pulls money from your eventual compensation package in the future so that you can cover costs in the present. Check out how it works below.
Our Process for Legal Funding
The journey toward getting your cash starts with you applying via our Apply Now page. You’ll need to tell us some information about your lawsuit, including:
- Type of case
- Expected compensation amount
- Expected duration of your lawsuit
- Contact information for you and your attorney or law firm
Our decision is based on the strength and severity of your claim, rather than on any personal financial information, since repayment will ultimately come from your compensation package. That means there is NO credit check, NO proof of income required, and NO invasive probe into your bank statements.
After you apply, our team will evaluate the application and contact your attorney for additional data if necessary. Once you are approved and the paperwork is signed, you’ll have money in your account as quickly as possible.
What Determines the Amount You Receive
Every lawsuit is unique, so every instance of legal financing is unique as well. The amount you receive from Tribeca Lawsuit Loans is based on your eventual compensation. Through conversations with your attorney and a careful review of the damages for which you are suing, we can determine an estimate of the settlement or court award you’re likely to earn.
Depending on that amount, how long your attorney expects a settlement agreement to take, and our ability to secure underwriting investments, the amount of legal funding we can offer may change.
Types of Cases We Accept
Tribeca Lawsuit Loans has helped clients who have a wide range of lawsuit types. For example, many clients have been involved in personal injury claims like:
- Auto accidents
- Medical malpractice
- Dangerous pharmaceutical drugs
- Defective products
- Jones Act cases
- FELA railroad claims
However, we’ve also funded lawsuits that aren’t in the personal injury realm. Some of those types of cases include:
- Employment disputes
- Whistleblower or Qui Tam actions
- Labor law violations
- Commercial litigation
Even if you don’t see your type of case listed here, chances are good that we can provide some form of monetary assistance to you if you have a lawsuit for which you stand to receive compensation. Applying is 100% FREE, so you have nothing to lose!
Repaying Your Legal Funding
Unlike other forms of lending, you don’t have to worry about repayment with Tribeca Lawsuit Loans. We go directly through your attorney so you and your family don’t have to stress about monthly payments.
Here’s a brief breakdown of how the process works:
- Your lawsuit ends with a victory, and you receive either a settlement or court award.
- The at-fault party sends your attorney a check for the compensation amount.
- Your attorney writes a check for the agreed-upon repayment amount to Tribeca Lawsuit Loans.
- You keep the rest!
Unfortunately, not all lawsuits end in victory. Even the most seemingly surefire cases sometimes wind up without compensation. But you don’t have to worry about being on the hook for repayment in those cases. If you lose your lawsuit, you don’t have to repay us at all!
Funding Helps You Fight Against Early Settlement Pressure
Lawsuits can get ugly. Even though you are the harmed party, it’s not unusual for the lawsuit process to be even harder on you. That’s because you might not be able to work while you recover from the harm done to you, but your bills continue to pile up.
Many claimants begin to feel the pressure to settle virtually immediately after filing their lawsuit. In fact, Fortune magazine reports that around 40% of American households are a single paycheck away from officially dipping below the poverty line.
The other side in your lawsuit will likely try to use this fact to their advantage. They will stall proceedings as much as possible so that you feel desperate to settle, which is when they will offer a lowball compensation deal that falls far short of the amount you are truly owed.
By getting legal funding, you can stave off the financial stresses while your attorney fights for appropriate compensation.
Why Legal Funding Is Better Than a Loan
Many clients come to Tribeca Lawsuit Loans scared about that word: loan. You may have had bad experiences in the past with unethical lenders or unfair contracts. Pre-settlement legal funding is different.
Recourse vs. Non-Recourse Debt
The main factor that makes legal funding better than a traditional loan is that it is non-recourse in nature. That means you are not held personally liable for the funds. Even if we wanted to, Tribeca Lawsuit Loans cannot:
- Pursue repayment from your personal bank account
- Garnish your wages
Instead, we are limited to recovering repayment from the collateral associated with your debt. In layman’s terms, we get paid solely out of your eventual compensation package at the conclusion of your lawsuit.
No Risk, All Reward
The other facet behind pre-settlement funding’s superiority to loans is that Tribeca Lawsuit Loans takes on all the risk. There’s no risk to you! Not only are you safe from having your personal finances affected by the repayment process, but the following facts further insulate you from risk.
- Applying for legal funding is
- You don’t have to repay us if you lose your lawsuit.
Getting the Best Rates
Unlike traditional lending, legal funding is truly about helping people in need. Tribeca Lawsuit Loans is in the business of assisting people like you who are in one of the most precarious positions: waiting on a lawsuit to resolve.
To that end, we use a simple flat interest rate when calculating your eventual repayment amount. Other companies and lenders may use compound rates that can get you into serious debt, but not us. While we can’t tell you exactly what your interest rate will be (since it’s dependent on the facts of your lawsuit), we can promise you that we’ll always offer you the lowest rate available to us.
Apply for Legal Funding Today
It’s time to take control over your finances and give your attorney the space they need to negotiate a proper settlement for you. If you’re ready to see what Tribeca Lawsuit Loans can do for you, fill out the application form on our Apply Now page.