Pre-settlement legal funding from Tribeca Lawsuit Loans is designed to help lawsuit claimants pay their expenses in the here and now while waiting for a lawsuit to resolve. A host of different lawsuit types can qualify for pre-settlement legal funding, and it is not restricted to any certain area of law. For example, Tribeca Lawsuit Loans has provided financial assistance to clients with lawsuits involving:
- Employment law
- Qui Tam and whistleblower cases
- Car accident injuries
- Medical malpractice claims
- Slip and fall accidents (premises liability)
- Faulty design or manufacture (product liability)
- Injuries covered under the Jones Act
When determining how easy it is to get pre-settlement legal funding, details about the status, value, length, and representation related to your lawsuit are more important than the area of law to which it applies. Since this type of funding is non-recourse, Tribeca Lawsuit Loans is repaid not out of your personal finances but out of the future settlement or jury award you receive at the conclusion of your case. Thus, lawsuits that are more likely to result in awards of compensation stand a higher chance of securing legal funding.
If you are ready to apply for your pre-settlement legal funding for FREE, fill out the form on our Apply Now page. A representative is also available by phone at (866) 388-2288 to answer any questions or concerns you have about the pre-settlement legal funding process. At Tribeca Lawsuit Loans, we are proud to help people pursue the justice they deserve by providing up to $1,000,000 in legal funding.
Understanding How Pre-Settlement Legal Funding Works
When you are in the midst of a serious legal battle, you understand just how slowly the wheels of justice sometimes turn. Unfortunately, lawsuits can take months and even years to resolve. Meanwhile, you are stuck with bills related to your injury, ongoing medical care, property repair costs, and more. That’s not even mentioning the usual expenses you incur, such as gas, food, rent, mortgages, utility payments, and the repertoire of bills that come calling every week.
This is where pre-settlement legal funding comes in. When you are approved, Tribeca Lawsuit Loans can have anywhere from $500 to $1,000,000 in your bank account in as little as 24 hours. That is your money to spend as you need! Essentially, you are pulling from your future settlement or jury award to cover costs in the present with the understanding that relieving that financial pressure also gives your attorney time to negotiate a fair settlement. A majority of pre-settlement legal funding is pursued by clients with personal injury claims, but the option is available to most lawsuit cases.
Repaying Your Pre-Settlement Legal Funding
While the best part of pre-settlement legal funding is undoubtedly the money itself, a close second is that it functions as non-recourse debt. “Non-recourse” means that the lender (i.e. Tribeca Lawsuit Loans) cannot pursue repayment from anything other than the collateral associated with the funding. In other words, the most we can take as repayment for your pre-settlement legal funds is the agreed-upon percentage of your eventual compensation package. There are:
- NO monthly payments
- NO taking money out of your bank account
- NO effect on your credit score
Once your case settles or is concluded in court, your attorney simply writes a check to Tribeca Lawsuit Loans for the repayment amount. You keep the rest, and you don’t have to lift a finger to write a check or remember monthly payment dates. Here’s the best part: if you end up losing your lawsuit and are left without compensation, you don’t have to repay us at all!
Important Qualification Factors
Though the type of lawsuit you have doesn’t necessarily affect your ability to get pre-settlement legal funding, there are a few factors that do. Since repayment is not tied in any way to your personal finances, we won’t have to look into your bank statements or proof of income. Instead, the qualifying factors revolve around the viability and value of your claim.
Status as Claimant
Pre-settlement legal funding is based on the assumption that you are pursuing an eventual compensation package. If you are the at-fault party in the lawsuit, you do not stand to collect a settlement or jury award, so pre-settlement legal funding would not apply to your case.
Representation by an Attorney
Tribeca Lawsuit Loans deals directly with your lawyer when it comes time for repayment. Not only is this easier on you, since you don’t have to remember to make payments, but having an attorney or law firm also increases your chances of getting significant compensation. This is why being represented by an attorney or law firm is a requirement in order to secure pre-settlement legal funding from Tribeca Lawsuit Loans.
Fill Out a Pre-Settlement Legal Funding Application for FREE
At Tribeca Lawsuit Loans, we believe in helping claimants get the compensation they deserve. It costs absolutely nothing to apply for pre-settlement legal funding, and securing it can relieve all the financial burdens you are experiencing as the opposing side in your lawsuit tries to drag the case on and on.
Fill out the form on our Apply Now page to get started. If we need additional information, we will contact you and/or your lawyer with any questions we have. To speak to a representative of Tribeca Lawsuit Loans, call our office at (866) 388-2288 today. Regardless of your type of lawsuit, legal funding is within your reach.