It’s no secret why plenty of people love Iowa. From quality education to novel infrastructure, opportunities are boundless.
However, despite the fact that The Hawkeye State has these amazing qualities, lawsuits in Iowa cannot be avoided. Not only does the stress cause emotional scars, but the legal costs can also financially drain you.
In this article, we’ll discuss what it is, the benefits, the application process, and the legal consequences so that you can decide if it’s the right option for you.
Understanding Legal Funding in Iowa
Legal funding, or as we call it, “lawsuit loans,” is a form of cash advance that funding companies provide plaintiffs to help them manage the expenses of lengthy litigation battles.
This type of financial arrangement is also referred to as a “pre-settlement loan” due to the fact that the fund you receive is an advance on your future settlement.
Despite using the term “loan,” legal funding is not a loan in any form. The repayment of the cash advance is purely non-recourse, allowing you to be free from any financial obligations if you lose the case.
Why Choose Tribeca Lawsuit Loans for Your Iowa Legal Funding Needs?
Tribeca Lawsuit Loans is renowned for its fast and high-quality service. We are one of the best-rated lawsuit loan companies in the nation.
If you choose us for your legal funding needs, we can assure you the following:
- Fast and easy application process
- Funding decisions within 24 hours
- Once approved, we can provide you with the funds in as little as 24 hours
- No upfront fees, hidden fees, monthly charges or collateral
- No liability for the repayment of funds if you don’t win your case. We won’t collect anything from you
- Full transparency regarding the terms and conditions of the loan
The Legal Landscape of Iowa: What You Need to Know
Filing a lawsuit is an act of litigation, which is why it is imperative that you know or are aware of the legal landscape of Iowa. Apart from hiring a lawyer, you should consider the following:
Statutes Of Limitations
Statutes of limitations are the legal system’s way of creating a definite period for legal conflicts so the parties involved can plan accordingly.
- Injury To Person: Two Years
- Libel Or Slander: Two Years
- Fraud: Five Years
- Injury To Personal Property: Five Years
- Professional Malpractice: Two Years From Reasonable Discovery; Maximum Of Six Years From Act
- Trespass: Five Years
- Collection Of Rents: Five Years
- Written Contracts: 10 Years
- Oral Contracts: Five Years
- Collection Of Debt On Account: Five Years
- Judgments: 20 Years (Judgment Of The Court Of Record); 10 Years (Judgment Of Court Not Of Record)
Modified Comparative Fault
Moreover, Iowa has a 51% Bar Rule in negligence cases. This means that if the person who was wronged or injured (plaintiff) is proven to be less responsible for the accident and their injuries, they may recover the damages and receive compensation.
However, the compensation the plaintiff will receive will be reduced depending on the proportion to their degree of fault. Thus, if the plaintiff is proven to be 51% or more at fault, despite being injured, they cannot recover damages, and compensation would no longer be possible.
Benefits of Opting for Legal Funding in Iowa with Tribeca
Lawsuits can get unpredictable. Cases can continue to go on for months and sometimes even years before reaching a settlement, and there is no certainty as to what situations or expenses may arise as the case progresses. Luckily, acquiring legal funding can help you with that.
Choosing the right legal funding company for your funding needs is crucial in making sure that you avoid any more financial struggles or obligations in the future.
Here at Tribeca Lawsuit Loans, we assure to provide:
- Competitive Rates
- Professional Efficiency
- Full Transparency
- High-Quality Service
- Freedom To Utilize The Fund You Receive
Your money, your rules. Once you receive the fund from us, you can spend it on:
- Medical Bills
- Legal Costs
- Property Repairs
- Tuition Fees
- Credit Card Payments
- Everything Else
The best part? We don’t consider your financial status or credit history. All we ask is that you have legal representation to vouch and validate your case so we can ensure the legal protection of both parties.
How Tribeca’s Legal Funding Process Works
Tribeca understands the stress and hassle of having to go through a long and slow-paced process, which is why we ensure that we provide our clients with a fast approval process.
Here at Tribeca, there are three steps to take in order to get your cash advance:
We’ll Receive Your Application
The first thing you need to do is submit to us an application form consisting all the necessary details related to your lawsuit.
We’ll Review It
Once you have submitted your application form to us, our team will then proceed to review the details and merits of your case as well as evaluate its eligibility for funding.
We’ll Fund It
If your case is proven to be eligible and gets approved, we’ll provide you a funding offer and should you choose to accept it, we will send you the funds in as little as 24 hours.
Common Questions About Legal Funding in Iowa
Are Lawsuit Loans Legal In Iowa?
Yes, getting lawsuit loans is legal. For years, we have provided financial assistance to different states and rest assured that we operate legally, with integrity and compassion.
What Is The Civil Lawsuit Process Typically Like In Iowa?
The civil lawsuit process begins when a plaintiff files a complaint against the defendant (the person at fault), stating their claims. The defendant is then notified and is given the chance to respond. Both parties will then proceed to a phase called “discovery.”
This is when both the plaintiff and the defendant exchange relevant information and evidence related to the case. After that, both parties may try to resolve legal issues by filing motions. If they fail to reach a solution, the case will then be taken to court before a judge or jury.
The judge or jury will make a verdict. Should any party find the decision or outcome of the case unsatisfying or unfair, they may file a motion to challenge the decision and appeal the decision to a higher court.
How Do I Know If I Qualify For Legal Funding In Iowa?
If you have been involved in an accident that took place in Iowa or have suffered personal injury due to the negligence of another person or business, you are likely qualified for lawsuit funding. It’s best to consult with our team of professionals – it’s free.
Tribeca’s Commitment To Iowa’s Community
Our firm has provided its services to the residents of Iowa for years, and we will strive to maintain the good relationships that we’ve built with our clients.
Our team is dedicated to providing you with financial assistance whenever you need it with virtually no hassle. With Tribeca Lawsuit Loans by your side, you will be able to manage your finances and not have to worry about the expenses of your lawsuit, as well as your other daily necessities or any other financial expenses.
We ensure to provide you with dedicated and reliable professionals to help you in acquiring the funding you need for your case. We also believe in the importance of honesty, so you can expect nothing but full transparency regarding the terms and conditions of the loan.
Get Started with Your Iowa Legal Funding Application Today
Choosing the right legal funding company in Iowa is crucial, and there’s no better choice than Tribeca Lawsuit Loans.
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.