California law stipulates that all residents are pre-approved for litigation funding if they are injured by “no-fault” of their own and have suffered injuries. However, the length of time required to obtain a lawsuit loan in California varies. If you need litigation financing right away, you need a lender that can match your expectations.
Tribeca makes it easy for residents of Downey or other California cities and towns to obtain pre-settlement financing in as little as 24 hours. Get in touch with us today, and you can get up to $1 million in litigation financing.
How Do Downey Lawsuit Loans Work?
Lawsuit loans provide fast and convenient access to pre-settlement funding in Downey you can use to cover your everyday expenses. Every loan is tailored to the plaintiff and their finances. In addition, lawsuit loans are available for plaintiffs involved in a wide range of cases, such as:
- Car accidents
- Construction accidents
- Labor law
- Mass tort
- Premises liability
To get a lawsuit loan in Downey, submit your application online. The application process takes only a few minutes to complete. From here, we review your application and provide you with a contract. After you accept the agreement, we get your legal funds to you as quickly as possible.
How Do You Determine a Loan Interest Rate and Financing Amount?
We use a simple and straightforward formula to calculate your loan interest rate and financing amount. Our formula involves looking at the following factors:
- The expected amount of time it will take for your case to be resolved
- Your anticipated compensation
- The overall strength of your case
We do not require a credit check or assessment of your personal finances. This allows us to provide you with a low interest rate and ample funding to subsidize your finances for the duration of your legal case.
How Can You Use Downey Legal Funding?
How you choose your Downey lawsuit loan is entirely up to you. Oftentimes, our clients use their litigation financing to cover any of the following daily expenses:
- Car payments
- Travel costs
There are no restrictions on how you utilize your legal funding in Downey. Use your financing as you pursue your legal claim, and you are well-equipped to get the most value out of it.
Do You Need to Contact a Lawyer Before Issuing a Downey Lawsuit Loan?
We consider your attorney a key part of the litigation financing process. So, we collaborate with your lawyer to help you get legal financing.
Initially, we need your lawyer to agree to let you receive legal funding. Most lawyers accept pre-settlement financing terms since they are in the best interest of their clients. And, if your lawyer has concerns or questions about lawsuit funding, he or she will notify you accordingly.
Furthermore, we work with your lawyer to learn the facts of your case. When we finalize your litigation financing request, we review your financing terms with you and your lawyer. Lastly, your attorney will repay the loan if you win your case.
When Do You Need to Pay Back Legal Funding in Downey?
Tribeca wants you to feel confident in us and our ability to support you in any way possible with your lawsuit loan. To prove our point, we only require you to pay back your Downey lawsuit loan after you receive compensation.
In the event that you lose your case, you are not responsible for any portion of your litigation financing. At this point, you can keep any funding we have paid to you.
If you win your case, your attorney can take the portion owed to us out of your compensation. Your lawyer can then send us a check to repay your loan. Next, you can receive the remainder of your compensation, and your case will be closed.
What Questions Should You Ask Before Applying for Downey Pre-Settlement Funding?
We want you to make an informed decision about Downey litigation financing. Thus, we recommend you ask the following questions when you pursue legal funding from us or any other lender:
- Are there any lawsuit loan fees?
- How long does it take to get a loan?
- How do you support your clients?
Get plenty of information before you obtain a lawsuit loan. In doing so, you can make an informed decision about whether litigation financing is right for you.
Ready to Apply for a Downey Lawsuit Loan? Tribeca Can Help
Tribeca is here to help you pursue a Downey lawsuit loan. Our litigation financing specialists are available to discuss our litigation financing options. For more information, call us or fill out our online application form today.