It’s no secret how expensive lawsuits can be. It’s one of the reasons why some plaintiffs hesitate to file a legal action. The stress and financial burden it comes with can be really overwhelming, especially if the case takes too long to settle.
Fortunately, here in Arizona, you have access to legal funding, which can help unburden you of your financial struggles. If you’re not familiar with the process of legal funding, there’s no need to worry.
In this article, we will discuss how legal funding works in Arizona and why Tribeca Lawsuit Loans is the best choice for you.
Understanding Legal Funding in Arizona
If you don’t know what legal funding is, the simplest definition is that it’s the advance you get on the potential settlement you may receive from your lawsuit.
It’s essentially a “cash advance” given to you in order to help you cover any costs related to your case. This includes your legal fees and medical bills, as well as your living expenses.
Unlike traditional loans, when you choose legal funding, you are free from any obligation of monthly payments and the fees you need to repay will automatically be deducted from the settlement you receive.
Now, you’re probably wondering if legal funding is applicable to your case. The answer is a resounding YES.
It’s applicable to a variety of cases, and it’s available to both lawyers and plaintiffs. Legal funding can help provide the attorneys with the necessary financial resources to settle a case, while for plaintiffs, it helps lighten the pressure of their lawsuit costs, enabling them to focus more on the process.
Benefits of Choosing Tribeca Lawsuit Loans in Arizona
Now, here comes the challenge. Some offers might seem too good to be true. There are a lot of companies that offer legal funding.
However, when it comes to the services and variety of benefits offered, Tribeca Lawsuit Loans is the best option. We offer:
A Quick Approval Process
The process of settling a case takes a lot of time, and we at Tribeca Lawsuit Loans understand that. We value every minute of every time, so we make sure to provide you with a quick approval process.
The best part? You can complete our online application in just a few minutes, and you can receive our funding decision in as fast as 24 hours.
Only The Best Rates In The Market
You’ve heard cautionary tales about loan sharks and how they’d prey over unsuspecting victims with exorbitant rates, but there’s none of them here in these waters.
At Tribeca Lawsuit Loans, we understand the stress and burden our clients are facing due to financial issues – we get it – you won’t consider this option if it wasn’t a last resort.
However, this financial decision doesn’t have to come from a place of desperation. We offer low, competitive rates on legal funding, allowing you to keep the majority of your settlement.
No Monthly Payments Or Collateral
Unlike most traditional lenders, we don’t obligate clients to pay monthly fees or any upfront fee.
Once you sign our financial agreement, the stress of paying us back is not yours to deal with – we won’t be personally collecting from you.
The funding is automatically deducted and repaid from the judgment you receive once your case is settled.
How Arizona Legal Funding Works
In Arizona, the legal funding process is easy and straightforward, and with Tribeca Lawsuit Loans, all you need to do is complete the online application to start.
Once we’re done reviewing it, we will determine whether funding is applicable to you. This will depend on the complexity of your case, the strength of your evidence, and the time it would take for your case to conclude, among others.
Rest assured, our team of professionals goes over every application with compassion and diligence. If your application is approved, we will provide you with an offer based on the potential settlement of your case and our best judgment.
Once you choose to accept our offer, we will provide you with the funds through check or wire transfer. You can use the funds to cover all the costs or expenses related to your case.
You can pay off your legal fees, hospital bills, groceries, and credit card debt, or you can even use the fund to go on a well-deserved vacation or an investment. Your money, your rules.
Why Tribeca Stands Out in Arizona’s Legal Funding Landscape
We Have Years Of Experience
For years, our team has been providing legal funding in Arizona and the rest of the states. We are a reputable and well-established company that has amassed the loyalty of returning clients.
We Offer Reliable Service
With each year, we continue to grow and improve our terms. It has always been our earnest commitment to top-notch service, and that’s why our clients keep coming back.
We Have Transparent Terms
We would never leave you in the dark. Here at Tribeca, we prioritize clear communication with all of our clients.
We know the heavy weight of entering a dubious transaction and the severe impact it can have on people’s lives.
We take our work very seriously. We provide potential clients with all the necessary information before signing an agreement with us.
We Are Dedicated and Collaborative Professionals
In line with our commitment to transparency is our dedication to collaborate with you – we’re not robots that you talk to on a screen. We sincerely want to help.
Our brilliant team of individuals has undergone rigorous training so they can be equipped to handle a wide range of cases.
We Listen To Your Specific Needs
Every case is unique, and we adjust accordingly. We also strive to do our best to actively support our clients to achieve a successful and harmonious relationship.
No problem is too complicated or too big for Tribeca. We’re here to listen.
Legal Regulations Surrounding Lawsuit Loans in Arizona
In Arizona, legal funding is supervised for the protection of the consumers. Listed below are the rules established by the state for legal funding companies:
Funding companies are required to provide full transparency to the clients, and this means providing the clients with a disclosure statement that fully outlines the established terms and conditions of the funding arrangement.
It should include all necessary information related to the funding, such as the exact funding amount. It should also contain the repayment process or repayment amount as well as the other fees associated with the funding.
Several court decisions in Arizona have struck down a few lawsuit loan contracts from other companies for being unreasonable or excessive in their fees.
Rest assured, Tribeca only offers competitive rates.
In Arizona, legal funding is considered to be non-recourse. This means that you can only repay the funding if your case is settled successfully. Otherwise, you are not obligated to repay us a dime of your money.
Statute of Limitations in Arizona
Justice is very much valued in Arizona. However, so is time. Plaintiffs are given time limits for filing civil lawsuits, and in most states, these differ by the type of claim.
The statute of limitations is enforced to ensure that legal actions are taken to avoid malicious and prolonged cases as well as to preserve evidence.
In Arizona, for personal injury claims, the statute of limitations is set at two years. For libel or slander claims, it’s one year.
However, there are instances where an individual takes longer than a year to recognize that an injury has occurred, and in cases such as this, some exceptions may be determined.
Here’s a list of periods and their specific case:
- Injury to Person: One year for false imprisonment; Two years for personal injury.
- Libel/Slander: One year
- Fraud: Three years
- Injury to Personal Property: Two years
- Professional Malpractice (Medical): Two years
- Trespass: Two years
- Collection of Rents: Six years
- Contracts: Six years (Written in Arizona); Three years (Oral, for indebtedness)
- Collection of Debt on Account: Three years
- Judgments: Four years (Foreign judgment)
It’s important to consult with a legal professional to verify which one applies to your situation.
Common Cases We Fund in Arizona
Personal Injury Claims
In Arizona, we understand how the misconduct of other people may severely impact the physical, emotional and psychological state of our clients.
We provide funding for individuals who suffered personal injury due to the negligence of others. These include dog bites, slip and fall accidents and any other injury to an individual’s body, emotions, and even reputation.
If you’ve been involved in a car accident caused by the negligence of other people and have been injured, we can provide funding that will help you cover all the expenses related to the accident, as well as the lost wages and any other financial issues you may have during the processing of your case.
Employment Disputes and Labor Law Violations
We understand the hardship employees may struggle with when dealing with the complexities of the employment law.
There are instances where employees are wrongfully harassed, unreasonably discriminated against or terminated. With our funding, you can seek justice and hold your employers accountable.
We also value labor rights, so if any of yours has been violated, such as denial of benefits, being exposed to unsafe working conditions or if your wages are being unpaid by your employer, our funding can help provide you financial assistance as you take legal action.
Medical Device Malfunctions
Unfortunately, there are instances when a medical device malfunctions, and this can lead to severe injuries and possibly lifelong consequences.
If you are ever caught in an unfortunate situation such as this, our funding and services can help provide you with financial assistance that can help you seek fair compensation from the manufacturers for the harm you have suffered for using faulty devices.
Suffering from an injury or illness is hard enough, but having to deal with a professional that is medically negligent makes it even worse. If you have suffered due to the negligence of a professional, such as misdiagnoses, substandard care or surgical errors, we can help provide you with the funds you need to take those practitioners to court.
Sexual Harassment Cases
We understand the impact sexual harassment can have on your physical, emotional and psychological well-being.
We strongly believe that victims deserve to be heard and fight for their rights. Our funding and services can help provide you with the financial assistance you may need in taking legal action against your perpetrator and holding them accountable.
Wrongful Imprisonment And Wrongful Convictions
Unfortunately and ironically, the justice system sometimes has flaws that can affect those who put their fate in its hands.
We believe that individuals who have suffered due to wrongful imprisonment and convictions have the right to overturn them and seek justice.
Our funding can provide the financial assistance needed to support individuals in taking legal action in order to reclaim their freedom.
FAQs: Arizona Legal Funding with Tribeca
Here’s a quick rundown of the important matters to discuss in your financial journey:
What Is Legal Funding?
Legal funding has many names. It’s also known as a “lawsuit cash advance,” “pre-settlement funding,” or a “litigation loan,” but they all mean the same thing.
It’s an advance you get on the potential settlement you may receive from your lawsuit. It’s a cash advance given to you in order to help you cover any costs related to your case.
How Does Legal Funding Work?
Unlike traditional loans, with legal funding, you are free from any obligation of monthly payments, and the fees you need to repay will automatically be deducted from the settlement you receive.
This type of arrangement is also non-recourse, which means we don’t get paid if you lose your case.
What Types Of Cases Do You Fund In Arizona?
We serve a variety of cases. We can fund personal injury lawsuits, accident cases, employment disputes, or civil rights violations. If you’re looking to seek justice, we can help.
Do I Need To Hire A Lawyer?
It’s always best to hire a lawyer for your case so there can be a professional by your side who can navigate the legal system with ease.
On our end, we will work closely with them as soon as you start your application. Our team and your lawyer will work tirelessly for your best interests.
Start Your Arizona Legal Funding Journey with Tribeca
The advantages of legal funding go beyond providing money when you need it. It’s all about reducing your risks and creating a fair playing field as you go up against powerful people and companies with deep pockets.
We provide a secure and worry-free solution for obtaining the funds you require – we can be your lifeline during this challenging time.