Taking legal action can take a lot of time, emotional energy and financial resources. One can imagine that trying to sift through the names of lawyers and law firms to find someone within your budget would be frustrating.
Are you eager to know if you have options to file a case without breaking the bank? We understand your situation. Due to the stress and pressure, most individuals are discouraged from pursuing their rightful claims.
Fortunately, here in Connecticut, we offer legal funding to help you face these difficult challenges. In this article, we are going to discuss and elaborate on what legal funding is and why you should choose Tribeca Lawsuit Loans.
Understanding Legal Funding in Connecticut
Court proceedings can take a lot of time, and we at Tribeca Lawsuit Loans understand the burden. Legal funding, or what is also referred to as “pre-settlement funding,” plays a vital role in assisting individuals financially regarding personal injury or civil cases here in Connecticut.
It helps provide the monetary assistance and support that individuals need as they are dealing with the complexity of their cases.
Moreover, it allows individuals to use the funds they receive to manage their necessary expenses, such as rent, debt repayment, medical bills and any other daily costs they may have.
Unlike traditional loans, which make you go through hoops before approval, we can provide you with a cash advance that does not require any monthly payments whatsoever.
You will only repay the amount when your case is successful. Otherwise, you don’t have to pay us at all.
Why Choose Tribeca for Your Connecticut Legal Funding Needs?
There are various companies that offer legal funding. However, Tribeca Lawsuit Loans prove to be the best choice for several reasons:
We Have The Experience And Expertise
For years, Tribeca Lawsuit Loans has provided legal funding to individuals nationwide, including the residents of Connecticut.
We have professional and legal teams who know how to navigate the state’s legal system and an experienced network that caters to a wide range of cases.
We Offer A Quick and Easy Application Process
One of the best things about Tribeca is our quick and easy application process. While other funding companies would distract you with unrealistic goals and false hopes, our application process is straightforward, allowing individuals to complete the process online within only a couple of minutes.
You would only have to simply fill out our application form and provide us with relevant information. Our team will then contact you for further consultation.
We Have Competitive Rates and No Hidden Fees
After handling hundreds of cases, we already know what works and what doesn’t. Our mission is to simplify the terms for our clients to understand so they can tap into our accessible resources.
There are no hidden charges, and our rates are one of the lowest in the market. We provide our services with full transparency, so you don’t have to worry about unnecessary details that would cause financial strain.
We Provide Risk-Free Funding
Tribeca’s legal funding is on a non-recourse basis. This means that once you receive the fund, you have no obligations to pay any monthly fees or interest.
We know that it sounds too good to be true, but it’s actually a type of risk distribution technique. You will only repay us once your case is settled in your favor. Otherwise, repayment won’t be necessary.
We Extend Personalized Support
We believe that every case is unique, and there isn’t a one-size-fits-all approach. We also value good relationships with our clients, so we ensure to provide well-versed and dedicated professionals to assist you throughout the process and answer specific questions that your case may have.
The Legal Landscape of Connecticut
Connecticut has rules to observe before you file any claim, such as:
Statute Of Limitations
Like most states, there is a statute of limitations in Connecticut. If you’re not familiar with what the term means, it’s a set of specific timeframes for individuals to file a claim. If you fail to file your claim within the given period of time, your case will generally not be accepted in court. To prevent this unfortunate situation from happening, it’s crucial that you take legal action and demand a settlement for the suffering you experienced before the period for your case expires.
Here’s a list of the different offenses and their corresponding periods:
- Injury to Person: Three years; Or two from discovery if by negligent, reckless, or wanton conduct, with a maximum of three years from wrong
- Libel or Slander: Two years
- Fraud: Three years
- Injury to Personal Property: Three years; Or two years from discovery if by negligent, reckless, or wanton conduct, with a maximum of three years from wrong; Or three years for injury to personal property caused by a tort
- Professional Malpractice: Two years from discovery; Or a maximum of three years from wrong
- Trespass: Three years
- Collection of Rents: Six years
- Contracts: Six years (Written); Three years (Oral)
- Collection of Debt on Account: Six years
- Judgments: 20 years (With variations for small claims judgments)
Modified Comparative Negligence
Connecticut is a modified comparative fault state. This means that the person who was injured or aggrieved can recover damages or reparations from the ones responsible as long as they’re not found 51% or more at fault for the incident or the injuries they suffered.
Thus, if the court finds that you are equally responsible or less, you can recover the damages, but it’s decreased proportionally to the extent of your negligence.
It’s no secret that the legal process can get really complicated, which is why seeking legal counsel from a qualified attorney is strongly advised. They’ll be able to explain and elaborate to you the intricacies of the law as well as guide you in taking steps to pursue your case.
Navigating the Application Process for Legal Funding
Tribeca Lawsuit Loans offers an efficient and competent legal funding process for our clients residing in Connecticut. Here’s a step-by-step guide on how it works:
The first step you need to do is complete our online application form. This will provide us with the necessary information regarding your case. Our application process is simple and can be completed within a few minutes.
Once you’ve completed our online application and we received it, the next step will involve our team of legal experts. They will proceed to carefully review the details of your case.
In terms of eligibility, our team will consider certain factors such as damages, the extent of your claim, liability, and potential success to determine if you are qualified.
Approval And Funding
Once your case meets our criteria, a funding offer will be provided. If you choose to accept the offer, we will deposit the funds into your account as quickly as 24 hours. Then, when you receive the money, you get to decide how to use it.
The repayment of the funding relies on the settlement or judgment of your case. If your case is settled successfully in your favor, the funding, along with any other agreed-upon fees, will be repaid from the settlement.
You don’t have to worry about agents who will harass you or call you non-stop. We don’t directly collect the payment from you.
Case Progress Monitoring
Here at Tribeca, we value good communication with our clients. Our team will keep in touch with you and your attorney throughout the whole process to monitor the progress of your case, and if deemed necessary, we can provide more funding for any unexpected costs.
Frequently Asked Questions about Connecticut Legal Funding
How Long Does It Take To Receive Funding?
It’s always our hope that you don’t come to us as a last resort, but in case there’s an extreme urgency for our service, we strive to provide financial assistance quickly to our clients in need.
We are dedicated to providing funding decisions in less than a day, and the money will be sent to your account within the same timeframe.
Do I Need To Repay You Back If I Lose My Case?
Absolutely not, and that’s the best thing about legal funding. Unlike traditional loans, legal funding is non-recourse. This means that you are not obligated to repay the funding if you do not win or settle the case in your favor. We are bound to the judgment, and we will not come after any of your properties. That’s the Tribeca guarantee.
What Is The Civil Lawsuit Process Like In Connecticut?
Here in Connecticut, the process of a civil lawsuit starts when the plaintiff (the person injured or aggrieved by another) files a complaint in court and serves it to the defendant (the one responsible).
Once the defendant is notified, they will then submit an answer to your complaint or a motion to dismiss. After this, settlement negotiations may take place, or if necessary, the case will go to trial.
The court will then hear your respective claims and decide on the strength of your arguments and evidence. When a judgment is reached, either party can appeal.
Are Lawsuit Loans Or Legal Funding Allowed In Connecticut?
Yes, lawsuit loans or legal funding is perfectly legal in Connecticut. There are no prohibitions on funding companies to provide financial assistance to plaintiffs who are waiting for the settlement of their lawsuits.
However, it’s important that you truly understand the terms and conditions before you accept the funding and sign a financial agreement.
Furthermore, the state requires that a legal funding agreement should be accessible. This means that a funding company will disclose the lien type, lien number, debtor information and secured party information. When appropriate, an individual can view the Uniform Commercial Code (UCC) Financing Statement.
Connect with Tribeca Lawsuit Loans Today
For years, we have provided our clients with transparent and reliable service across the country. The advantages of legal funding also 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.