Does It Cost Anything to Apply for Pre-Settlement Legal Funding

Does It Cost Anything to Apply for Pre-Settlement Legal Funding?

Applying for pre-settlement legal funding from Tribeca Lawsuit Loans is a completely FREE process. There are no upfront costs, and the funding is repaid as a percentage of your eventual settlement when your lawsuit resolves. In other words, you never have to worry about having to pay us back from your own personal bank account, and getting pre-settlement legal funding won’t harm your finances.

Here’s some more good news. Not only is it free to apply for your pre-settlement legal funding, but the funding itself is non-recourse in nature. That means the most you will ever have to pay is a percentage of your settlement since the settlement is the collateral used to back your funding. This is one key way Tribeca Lawsuit Loans protects you from risk when you get pre-settlement legal funding from us. Other ways include:

  • No credit check required, so low credit doesn’t disqualify you.
  • All repayment comes from your settlement (no monthly payments).
  • You don’t repay us at all if you lose your case!

If you are in the middle of a long, drawn-out negotiation process and need some money now, Tribeca Lawsuit Loans can help. Apply for pre-settlement legal funding today by entering your information into the form on our Apply Now page. You can also speak to a representative with any questions or concerns by calling (866) 388-2288.

How the Pre-Settlement Legal Funding Process Works

It costs nothing to apply for pre-settlement legal funding through Tribeca Lawsuit Loans. In fact, we make our application and approval process as simple as possible so that we can get you the money you need without the wait. What follows are the steps in our funding process.

You Apply

The first step in this process is the only one you need to initiate. You will need to fill out our application form with the relevant information about your need for pre-settlement legal funding. While there is no credit check required and no bank statement information, we will need the following data:

  • Your contact information
  • The contact information for the attorney or law firm representing you
  • Information about the kind of lawsuit you have
  • Information about your expected settlement amount

We Evaluate

After we receive your application, our staff does their due diligence by getting in touch with your lawyer. We’ll confirm data about your case, discuss the details regarding your expected settlement outcome, and make a determination about our ability to supply you with the funding you need.

Money Arrives

In as little as 24 hours after our team approves you, the money you need can be in your bank account. Tribeca Lawsuit Loans provides pre-settlement legal funding in amounts ranging from $500 to $1,000,000, depending on the details of each client’s case. To date, our team has been able to help clients to the tune of over $45 million.

Repaying Your Pre-Settlement Legal Funding

While pre-settlement legal funding doesn’t cost you anything upfront, you repay the amount you owe as a percentage of your overall settlement or jury award at the conclusion of your case. We work directly with your attorney when it comes time for repayment, so you don’t have to worry about monthly payments, forgetting to send a check, or other complications. Plus, it’s always better to work with an attorney anyway. Research from the Insurance Research Council has shown that people represented by legal counsel earn more than three times as much as those who choose to go it alone.

When Tribeca Lawsuit Loans Gets Paid

Once your lawsuit settles or concludes in court, your attorney will receive a check for the agreed-upon (or court-ordered) amount. Before sending it your way, the attorney will write Tribeca Lawsuit Loans a check to repay the pre-settlement legal funding. You keep the rest!

If Your Case Goes Awry

The vast majority of the cases approved by Tribeca Lawsuit Loans are successful (92%, in fact!). However, we know that nothing in the legal world is guaranteed. In some unfortunate cases, you might wind up losing your claim in court and receive no compensation.

Don’t panic in this situation. Remember, the funding we provide is non-recourse. That means you owe us nothing if you lose your claim. This is part of what we mean when we say that pre-settlement legal funding comes with no risk. Even if you lose your claim, you don’t have to worry about digging into your personal finances to pay us back.

Apply for Pre-Settlement Legal Funding for FREE Today

Once you receive pre-settlement legal funding from Tribeca Lawsuit Loans, that money is yours to do with as you see fit. Many of our clients use the funding to finance their lives while their settlement negotiations drag on. That way, they can counteract any stall tactics used by the opposing attorneys and ensure that their own lawyer can arrive at a more suitable settlement arrangement.

What can you use the funding for? Anything you need! This includes:

  • Replacing wages you’ve lost due to injury
  • Making rent or mortgage payments
  • Purchasing necessary medical equipment for your home (such as handicap ramps)
  • Paying off your medical bills
  • Funding your daily life, such as buying food or gas for your car

Ready to see the difference that pre-settlement legal funding can make? Apply today by filling out the form on our Apply Now page. If you wish to speak with a human representative, just call our offices at (866) 388-2288. Take control of your negotiations today by getting pre-settlement legal funding at no upfront cost to you.

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