If you or a loved one has been injured in a motor vehicle accident, you may be facing painful injuries, lost wages, and mounting debt. You may have filed a lawsuit to help you to recoup some of the money you have lost, so you can cover your medical bills and fix your car. Sadly, car accident lawsuits can take several years to resolve and for the compensation to be funded.
Meanwhile, suffering continues, and the bills continue to pile up. A car accident lawsuit loan from Tribeca can pay your bills, finance your medical treatment, and replace your car while leaving you sufficient money left over to make ends meet. This empowers you to wait for the settlement you deserve.
A Simple Breakdown of Car Accident Loans
A car accident loan is a cash advance against the potential settlement of a car accident case. Provided that there is a settlement, these loans become applicable, and repayment is not required if a legal settlement is not obtained.
Motor vehicle accident lawsuit settlement loans are 100% risk-free for the borrower. There is no credit check, and the application is both simple and free. You can receive between $500 and $2 million in just 48 hours, and the money is yours to use as you choose. Use it to pay your medical bills, repair or replace your car, and much more.
Best of all, a legal loan for your motor vehicle accident can actually help you to get a better settlement! The relief you need is just a click or a phone call away.
Accident Cash Advance: Types of Car Accident Loans
Motor vehicle accidents come in many configurations, and so do motor vehicle accident loans. First, many types of motor vehicles that can be involved in collisions, leading to the following accident cases we can fund:
- Car accident lawsuit loans
- Truck accident lawsuit loans
- Motorcycle accident lawsuit loans
- Bus accident lawsuit loans
- Tractor-trailer lawsuit loans
- Commercial motor vehicle accident lawsuit loans
- Multiple vehicle accident lawsuit loans
- Recreational vehicle accident lawsuit loans
- Uber, Lyft, or taxi accident lawsuit loans
- Forklift, Crane, and other construction vehicle accident lawsuit loans
- Train accident lawsuit loans
- Boat accident lawsuit loans
- Helicopter accident lawsuit loans
- Airplane accident lawsuit loans
While cars are the vehicles most often involved in motor vehicle accident lawsuit loans, there are many ways accidents transpire, including:
- Head-on collisions
- Rear-end collisions
- Side impact collisions
- Hit and run collisions
When two cars collide, on average, both drivers are wrapped in over four thousand pounds of metal, rubber, and plastic. The enormous mass of an automobile, multiplied by its velocity, explains both the massive damage involved in car accidents and their survivability. But many motor vehicle accidents involve a single motorist and someone far more vulnerable, with often catastrophic results. This means that legal loans for motor vehicle accidents must also cover Bicycle accident loans and Pedestrian accident loans.
In addition to a plethora of traffic regulations, safety devices, and restraints designed to help us prevent a vehicle accident and survive one if it occurs, we also have lawsuits to empower the accident victims of car accidents to obtain compensation for their injuries and financial losses. If you need money now to be able to afford to continue a car accident lawsuit, then you’re in the right place. With Tribeca, you can get a motor vehicle lawsuit loan to pay your bills while you fight for the compensation you deserve.
Car Accident Settlement Loans: What is a Motor Vehicle Accident Lawsuit Loan?
A motor vehicle accident lawsuit loan is unlike conventional bank loans or personal loans you’re likely familiar with. Instead, a lawsuit loan acts as a pre-settlement car accident cash advance on your future compensation that enables you to pay your current expenses. The loan uses your anticipated lawsuit settlement as the collateral on the loan, which advances you a part of that compensation in cash.
What makes a motor vehicle accident pre-settlement funding so significantly different from conventional loans is that it is structured as a non-recourse loan. Unlike most home loans, car loans, or credit cards, a non-recourse loan can only be repaid from the funds in the collateral — your eventual compensation. Your income, property, or assets can never be touched for the loan’s repayment. Consequently, we don’t require a credit check or proof of income when you apply for a legal loan for your motor vehicle accident because we’ll never see that money. With a non-recourse loan, the lender has no recourse to any of your money other than the agreed-upon portion of your future compensation.
This is why legal loans for motor vehicle accidents are 100% risk-free for the borrower. Because the loan repayment can come only from your future settlement, if you lose your case — you don’t owe us a dime!
Accident Settlement Funding: How Expensive is a Car Accident Lawsuit Loan?
With Tribeca Lawsuit Loans, applying for a legal loan for your motor vehicle accident is free. We have no hidden fees, and we charge only a simple, non-compounding interest rate. Sadly, these practices are not universally followed in the industry. There are predatory lenders out there who charge compounding interest and multiple hidden fees that can run right through your settlement. Our goal is to provide the legal funding you need so you can get the best possible settlement for your case. We charge a low, flat interest to ensure you’ll have the bulk of your compensation to enjoy.
Because every motor vehicle accident varies enormously in its fact pattern, we cannot quote you an interest rate until we review your case in detail. However, we will always provide a specific quote and all the details of the motor vehicle accident loan we can offer, written in plain language that is easy to understand. And we welcome your questions!
Apply for a Pre-settlement Loan: Am I Eligible for a Car Accident Loan?
If you are a car accident victim, you may be wondering whether you qualify for a car accident loan.
If you are the plaintiff in a lawsuit due to a motor vehicle accident, you likely qualify for legal finding from Tribeca Lawsuit Loans. We have the highest acceptance rate in the industry, and we’re passionate about helping our clients fight for justice in their cases. Additional conditions for motor vehicle accident loan eligibility are:
- You must be at least 18 years old
- You are represented by a contingency-based attorney
- The at-fault party has insurance
Because a motor vehicle accident lawsuit loan is a non-recourse loan, we don’t run a credit check or investigate your finances. Instead, we determine whether we can provide a lawsuit loan and how much funding we can offer based on the quality of your case and the size of your damages. With your permission, we will discuss your case with your legal team to get the best understanding of how we can help.
Before funding a legal loan for a motor vehicle accident, we require our clients to be represented by legal counsel. This is to protect your interests as well as our own. We find that an attorney has a far better chance of winning a lawsuit and negotiating a far better compensation than an individual who represents themself. We very much want to help you get justice for your accident and injuries. We also want to see a return on our investment.
Legal Funding: How to Apply for an Car Accident Pre-settlement Loan
At Tribeca Lawsuit Loans, we understand the stress you are experiencing due tof your accident. We have streamlined our motor vehicle lawsuit loan application to just three easy steps:
- You Apply: Simply visit our Apply Now page to provide some information about your case. Or, feel free to apply by phone at (866) 388-2288.
- We Evaluate: Our team of underwriters contacts your attorney for your case details and crunch numbers to determine the loan we can offer you.
- You Get Your Money: Once we get all the necessary documents signed, we can deposit your money into your account within 48 hours!
Applying for a motor vehicle accident loan is that simple! We have no need to invade your financial privacy, and there is no impact on your credit rating when you take out a pre-settlement auto accident loan.
Car Accident Settlement: How Long Does It Take to Get a Car Accident Loan?
When you are injured in a car accident and have mounting debts, you need relief fast. We understand that. We do all we can to ensure you are getting approved for a car accident loan. We also ensure that your lawsuit cash settlement advance is deposited into your account as fast as possible. Often, we can have your motor vehicle accident loan get approved within 24 hours, but not later than 48 hours, and occasionally, we can deposit your money the same day you apply!
You can help to speed up the process. Please contact your attorney by phone or email to let them know you have applied for a legal loan for your motor vehicle accident with Tribeca Lawsuit Loans and that you give your permission for them to discuss your case with our team. This will ensure we can get you answers (and cash) ASAP.
Car Accident Lawsuit: How an Car Accident Loan Helps You Get a Better Settlement
The results of a car accident can be life-altering. Bodies break, bones shatter, and the recovery can be long and painful. You may lose time at work while huge medical bills join your regular expenses, leading to exceptional financial stress when you should be focused on healing. So, you file a motor vehicle lawsuit to make you whole. That’s the system our society set up precisely for situations like this. The accident wasn’t your fault, so those at fault should pay the expenses that result. That’s fair.
However, an auto accident lawsuit is likely to drag out for years before you ever see a single dime from the at-fault driver or their insurance company. Why is that? Although it’s true that our legal system is slow by nature and struggling due to a lack of trained personnel, the primary cause of the extraordinarily slow development of lawsuit settlements is strategy.
Defense attorneys and insurance companies know full well the extreme financial pressures you are facing. So, they drag out the settlement negotiation for years, counting on the financial stress to force you to accept a lowball offer just to make the financial bleeding stop. They routinely offer just 30%-35% of the actual value of your case, hoping you will walk away from the majority of the compensation you deserve just to get your hands on some money now. This cruel practice may be despicable, but it is legal and undeniably effective. Unfortunately, many plaintiffs surrender to the current pressure to the detriment of their future finances. But, with an auto accident settlement advance loan, you can tap into your future settlement, pay your bills, and still hold out for the total value of the compensation you deserve.
With a motor vehicle accident loan, you can meet your current expenses without sacrificing the biggest part of the compensation your case is worth. As a result, you can afford to give your attorney the time they need to fight for a fair settlement. But this isn’t the only way the loan can help you get a better financial package.
When Tribeca funds your motor vehicle accident lawsuit loan, we are investing in the successful conclusion of your case. So, we may provide your attorney with case funding to pay for expert witnesses or other steep litigation expenses that can bolster your case for a bigger payday.
Get a Car Accident Loan: Locations Served
We proudly provide non-recourse accident loans to the following locations:
|Nebraska||North Dakota||South Carolina|
Get the Cash You Need: Applying for a Car Accident Lawsuit Advance is FREE!
There is no need to settle your lawsuit for pennies on the dollar. With a legal loan for your motor vehicle accident from Tribeca Lawsuit Loans, you can relieve financial stress and get the best possible compensation. Just provide some information on our Apply Now page or call us at 866-388-2288. One of our friendly and knowledgeable team members will be happy to answer your questions or take your application by phone! It costs you nothing to learn what we can do for you.
The motor vehicle accident was a terrible thing that happened to you. Now is your chance to take back some control of the situation and fight for what you deserve!