Have you suffered an injustice in Delaware but hesitated to pursue a lawsuit because of the costs? Are you struggling to keep up with the legal fees of your rightful claim?
Our legal funding service is the solution to your problem. The premise is quite simple: you borrow money from us, you sign off a percentage of your potential settlement sum, and we send you the funds in as fast as 24 hours. We get repaid through the judgment of your case.
Sounds promising, right? It’s a matter of shifting the financial burden to us. In this article, we’ll further discuss the important points of legal funding, Delaware’s legal system, and how this financial arrangement can work in your best interests.
Why Delaware Residents Choose Tribeca Lawsuit Loans
In June 2023, the University of Delaware agreed to pay $6.3 million to settle a lawsuit over its campus shutdown in 2020 and the stoppage of in-person classes because of the COVID-19 pandemic.
According to records, around 21,000 current and former students could receive cash reimbursements. With that kind of life-changing settlement at stake, it’s best to put your faith in the best lawyers who can fiercely fight for your rights.
With legal funding, you can do all that and more. Here are some of the reasons why our clients keep coming back:
We Have Years Of Experience
For years, our team has been providing legal funding in Delaware 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 to reflect your best interest. 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.
Understanding Legal Funding in Delaware
In its simplest definition, legal funding is 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 type of funding arrangement is legal in Delaware. You can also spend the money however way you see fit. You can pay:
- Legal fees
- Medical bills
- Property repairs
- School costs
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 (those who were wronged or injured).
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 for Your Legal Funding Needs in Delaware
Now, here comes the challenge as a potential litigant: scouring the world wide web for decent and trustworthy funders. Some offers might even seem too good to be true.
However, when it comes to the services and 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 Delaware Legal Funding Works with Tribeca
Here at Tribeca Lawsuit Loans, we offer a quick and simple yet efficient legal funding process for our clients residing in Delaware. Below, you’ll find the step-by-step guide on how legal funding works in the state:
The first step is completing our application form. You can find our application form online, and it can be easily completed in just a few minutes.
Now, there are instances when clients refrain from submitting a lawsuit loan application due to financial issues, which is why we would like to make it clear that our application process does not involve credit checks, income verification and asset evaluations.
We also don’t charge any upfront fees, and you don’t need to worry about having to pay any hidden fees. Our application process is very quick, simple and straightforward.
Once we receive your application, our team of experts will then proceed to review it. In evaluating your eligibility for the funding, our team will consider certain factors such as liability, damages and the likelihood of your case to settle successfully.
When your application has been approved, we’ll send you a contract detailing the terms and conditions of the funding. If you choose to accept the offer we give you, you may receive the funds as quickly as 24 hours.
Now, you might be curious regarding the repayment of funds. That matter will be better based solely on the settlement of your case.
If the judgment is granted in your favor, the funding, along with the other agreed-upon fees, will be repaid from the settlement you receive. To put it simply, if you don’t win, you won’t have to repay anything.
Statute Of Limitations in Delaware
Justice is very much valued in Delaware. However, so is time. Plaintiffs are given time limits for filing civil lawsuits, and in most states, these differ by the type of claim.
Generally, 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.
The following are the prescribed periods and their respective offenses:
- Injury to Person: Two years
- Libel Or Slander: Two years
- Fraud: Two years
- Injury to Personal Property: Two years
- Professional Malpractice: Two years Trespass: Three years
- Written Contracts: Three years
- Oral Contracts: Three years
- Collection of Debt on Account: Three years
- Judgments: Five years
Legal Funding Disclosure In Delaware
When it comes to divulging the financial agreement in Delaware’s public records, the state provides a list of Uniform Commercial Code (UCC) Authorized Searchers within the state that includes service companies, law firms, and registered agents who have a long-standing relationship with the state. This is then certified by the Delaware Division of Corporations to perform online UCC filings and searches.
When to Consider Legal Funding in Delaware
One of the most common lawsuits filed in Delaware is a lawsuit for the injuries that were sustained in a car accident.
If you’re involved in a car accident in Delaware, the responsibility of paying for medical expenses and lost wages falls on your car insurance company or the insurance provider of the vehicle you were in.
This coverage, known as Personal Injury Protection (PIP), is mandatory for all motor vehicles in Delaware, with a minimum coverage of $15,000 per person and $30,000 per accident.
However, if your expenses exceed these amounts, you have the option to file a lawsuit against the at-fault party for the additional amount.
It’s important to note that the person responsible for the accident is liable for all costs related to car repairs, as well as the pain and suffering of the victims.
However, Tribeca’s funding is not limited to car accidents. We also offer financial assistance to a wide range of cases, including:
- Personal Injury Claims
- Employment Disputes and Labor Law Violations
- Medical Device Malfunctions
- Medical Malpractice
- Sexual Harassment Cases
- Wrongful Imprisonment And Wrongful Convictions
Frequently Asked Questions about Delaware Legal Funding
What Is The Civil Lawsuit Process Like In Delaware?
In Delaware, the civil lawsuit process starts once you have filed your complaint. Once the other party is notified, they will then respond, and both parties will engage in a phase called “discovery.”
During this stage, arguments will be presented, and evidence will be shown. After that, the parties may assess the strength of their respective submissions.
You can choose between negotiating a settlement or proceeding to trial. The court will then proceed to make a judgment on the case.
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. Our claim is attached to the judgment of your case. This means that you are not obligated to repay the funding if you do not win or settle the case in your favor. We will not come after any of your properties nor call you every hour to collect the money. That’s the Tribeca guarantee.
Start Your Application Today: Get the Financial Support You Need
Here at Tribeca, we believe that everyone has the right to fight for a fair settlement, and no financial struggle should be a hindrance to taking legal action.
That is why we provide legal funding to help individuals in Delaware fight for their rights as they seek the settlement they deserve. 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.