Pre-settlement legal funding, or pre-settlement loans, are a great way to relieve the financial pressure of current bills while waiting for a future lawsuit settlement or compensation package. At Tribeca Lawsuit Loans, our team works to approve pre-settlement funding applications as quickly as possible. Once approved, you can have the money in your bank account in as little as 24 hours. Depending on the details of your specific lawsuit, that can be anywhere from $500 to $1,000,000!
You can use the money as you need since it’s yours once it hits your bank account. That includes spending the funds on expenses like:
- Medical bills
- Replacing lost income due to injury
- Repairing or replacing damaged property (such as vehicles)
- Handling daily expenses like food and gas
- Rent and mortgage payments
There is no one answer as to how quickly you receive your pre-settlement loan. Instead, the answer will depend on the details of your specific lawsuit, the cooperation of your attorney, and a host of other factors. However, applying is FREE, and you can get started right away.
If you are a claimant in a lawsuit, don’t let the opposing side use stall tactics to force you into a less-than-ideal settlement agreement. Instead, get pre-settlement legal funding. Fill out the form on our contact page to start the process, and our team will approve your application as quickly as possible. We are also available over the phone at (866) 388-2288.
Qualifying for Pre-Settlement Legal Funding
As long as you have a lawsuit, you likely qualify for pre-settlement legal funding. In the past, Tribeca Lawsuit Loans has approved legal funding for clients with cases like the following.
- Car accident lawsuits
- Qui Tam or whistleblower cases
- Employment or labor law disputes
- Medical malpractice injuries
- Faulty product (product liability claims)
- Defective drugs cases
The main factor is that you need to be in the middle of a lawsuit for which you stand to receive compensation. That’s because pre-settlement legal funding uses your eventual compensation package as collateral. When you get pre-settlement funds, you agree to pay us back a portion of your future settlement or jury award.
This also reduces the risk associated with the pre-settlement loan. The funds are considered non-recourse debt, which means that the maximum amount that Tribeca Lawsuit Loans will be repaid is the agreed-upon percentage of your compensation package, plus a flat interest rate. You will not have to worry about monthly payment plans, and you are not held personally liable for the debt. If you don’t win your lawsuit, you don’t pay us back!
Another factor in your eligibility is whether you are represented by an attorney or law firm. We require clients to have legal counsel on their side in order to reduce risk. Plus, it’s simply a good idea to get experienced help in your case. Studies from the Insurance Research Council have shown that people who hire lawyers statistically collect far more compensation than those who do not. This suggests that, if you are not represented by an attorney or law firm, the opposing side will likely take advantage of your legal inexperience and settle your lawsuit for far less than you deserve.
How to Apply for a Pre-Settlement Loan
At Tribeca Lawsuit Loans, we are in the business of helping people seek justice and compensation for the harms they have suffered. We don’t require you to jump through a lot of hoops in order to apply. In fact, the application process is totally FREE. All you need to do is fill out the form on our Apply Now page, including information like:
- Name, email, and phone number of your attorney
- Your expected compensation amount
- Details about your damages
- Additional facts about your claim
Once we receive your application, we will get in touch with your lawyer to verify your lawsuit and get additional information we might need. Then, our team will evaluate your eligibility. If you are approved, the money can be in your bank account in a day!
Apply for Pre-Settlement Legal Funding Today
If you are struggling to make ends meet while the opposing side in your lawsuit continues to play hardball with the compensation you deserve, pre-settlement legal funding is the answer. Click our Apply Now page and fill out the form today to get money in your account as quickly as possible.
Unsure about the pre-settlement funding process? Speak with a representative by calling us at (866) 388-2288. We’ll help you understand how pre-settlement loans work and how they come with no risk to you.