Are you thinking of filing a lawsuit in Minnesota? Legal action can take a lot of time, emotional energy and financial resources.
Trying to find a lawyer or a law firm that’s within your budget is also not the easiest thing to do, and after going through website after website for the best legal representative, the question remains: do you always have to drain your bank account for this?
We have a solution – legal funding can 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.
Introduction to Minnesota Legal Funding
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 Minnesota.
It helps provide the monetary assistance and support that individuals need as they are dealing with the complexity of their cases.
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 Lawsuit Loans for Your Minnesota Legal Funding Needs?
We understand how sometimes the concept of “legal funding” sounds too good to be true, and there are various companies in Minnesota that offer this type of financial arrangement.
However, there are also several reasons why you should choose Tribeca Lawsuit Loans:
Hassle-Free Application Process
You can easily access our online application form on our website and complete it in just a few minutes. All you have to do is provide us with the necessary details associated with your case.
Generally, they are:
- Contact information of your lawyer;
- Medical records;
- Police report, if applicable;
- Insurance information;
- Other relevant documents.
Quick Approval Process
We at Tribeca strive to provide help to our clients as quickly as possible. Once you’ve submitted your application form, our team will proceed to review the details of your case and evaluate whether or not you are eligible for the funding.
If your case is considered qualified, our team can provide a decision in as little as 24 hours.
We understand how stressful lawsuits can be, and we at Tribeca seek to unburden some of that stress, which is why we ensure our clients that we will discuss our terms with complete transparency.
You won’t ever be left in the dark or confused about our financial arrangement. Our team of professionals will guide you and will be there to answer all your questions.
Due to desperate situations, those who have been wronged or injured may fall prey to scammers, loan sharks, and unlicensed providers. The legal funding industry has all of them.
Aside from charging you with sky-high rates, these dubious providers can’t give you any assurance that your interests will be protected. At Tribeca, we can ensure that we will provide you with the lowest interest rates for your lawsuit loan.
Simple Repayment Process
We understand the risks of losing a case, so if by any chance the judgment is not in your favor, you do not have to repay us anything.
Our legal funding contract is a non-recourse arrangement, so you will only be obligated to repay us if you win your lawsuit.
How Does Legal Funding Work in Minnesota
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.
Why Tribeca Lawsuit Loans is The Best Funding Company in Minnesota
We Have Years Of Experience
For years, our team has been providing legal funding in Minnesota 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. They know that Tribeca will always be there to support them during trying times.
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 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 to your specific case. 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 Considerations in Minnesota
Statutes Of Limitations
In every state, there are deadlines for filing a civil action known as “statutes of limitation,” which are set from the date of the incident. These deadlines serve two important purposes: to prevent endless threats of lawsuits and to safeguard the integrity of evidence, including physical evidence and witness testimony.
It’s important to note that these time limits vary depending on the type of claim being pursued. The following are common offenses and their respective timelines:
- Injury to Person: Two years
- Libel or Slander: Two years
- Fraud: Six years
- Injury to Personal Property: Six years
- Medical and veterinary malpractice: Two years
- Trespass: Six years
- Collection of Rents: Four years
- Written Contracts: Six years
- Oral Contracts: Six years
- Collection of Debt on Account: Six years
- Judgments: 10 years
Frequently Asked Questions (FAQs) about Minnesota Legal Funding
How Does A Civil Lawsuit Start In Minnesota?
Legal disputes in Minnesota commonly revolve around debt claims, contract breaches, or other property matters. It’s essential to grasp the court process and the various stages of a case so that you know what you’re up against.
For civil lawsuits, the process involves serving a summons and complaint, and there are certain deadlines that must be adhered to, so be sure to consult a lawyer.
While legal representation isn’t mandatory, consulting with one is strongly advised to understand your rights, options, and the best course of action.
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.
Start Your Legal Funding Journey With Tribeca
Choosing the right legal funding company in Minnesota is crucial, and there’s no better choice than Tribeca Lawsuit Loans.
We have provided our clients with transparent and reliable service across the country for more than a decade. 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.