Pasadena lawsuit loans can help you deal with the expenses you’ll face during your lawsuit. Many plaintiffs simply can’t afford to carry out a long legal battle and lawsuit loans, also known as pre-settlement funding, can give you the edge you need to stay in the fight.
Defendants often try to drag out settlement negotiations in the hopes of making plaintiffs accept a lower award, especially if they’re facing a substantial penalty. Pasadena lawsuit loans can help you fight these pressure tactics and obtain the maximum award possible for your case.
What Expenses Can Pasadena Lawsuit Loans Cover?
Lawsuit loans in Pasadena can be used to cover a wide array of expenses you might face in the wake of your lawsuit. Many people suffer from a loss of income directly related to damages they suffered from the defendant. Others face mounting legal fees or living expenses that they simply can’t handle after an accident or injury.
Pasadena settlement loans can be used to cover any of the following expenses:
- Hospital bills
- Rent or mortgage payments
- Food and groceries
- Car payments or vehicle purchases
- Paying off credit card debt
There are no restrictions on how you can spend your legal funding. Once you receive the money, it’s yours to use however you wish. You also don’t need to worry about spending the money “productively,” as any repayment will come solely from your settlement, and not your personal finances.
What Are the Advantages of Pasadena Lawsuit Loans Over Other Types of Debt?
Pasadena lawsuit loans have some key advantages over other types of financing you might turn to during your settlement negotiations or litigation. Credit cards, personal loans, and second mortgages all carry substantial risks and costs, including high interest rates. They can also take time to obtain and may require that you pass extensive credit and employment checks.
For one, unlike other forms of debt you might take on, settlement loans are nonrecourse. This means that your finances aren’t at risk and can’t be taken as repayment. Since your settlement is the only collateral at risk with Pasadena pre-settlement funding, you’ll never have to pay yours back if you lose your case.
You can also get same-day funding with a lawsuit loan. With a reputable Pasadena legal funding company, it could take as little as a few hours to access your money. With other forms of debt, it can take days, weeks, and sometimes even months to be approved. When you’re facing emergency expenses or just need your money now, a lawsuit loan could be a fantastic option.
What Types of Cases Do Pasadena Lawsuit Loans Cover?
Pasadena lawsuit loans can be used to cover a wide variety of lawsuits, including the following:
- Car accidents
- Personal injury
- Employment disputes
- Labor law violations
- Medical malpractice
- Jones Act
- Defective devices
- Wrongful death
Even if you don’t see your particular lawsuit here, don’t worry – so long as you’ve filed, it’s likely that you’ll be able to obtain legal funding.
How Much Legal Funding in Pasadena Can You Get?
The amount of legal funding you can get will ultimately depend on the specifics of your case. Several different factors can impact the amount of funding you’re eligible for, including the following:
- The size of your expected settlement
- The expected outcome of your case
- Your potential share of responsibility for the damages
- How long your case can take to settle or be resolved in court
Once you’ve been approved for funding, you’ll receive an offer with the amount you’ll receive now and what you can expect to repay from your settlement.
What’s the Process for Getting a Pasadena Lawsuit Loan?
The process for obtaining a Pasadena lawsuit loan is surprisingly simple and consists of the following steps:
- First, you’ll apply with a legal funding company.
- Then, the legal funding company will evaluate your case.
- Finally, you will be awarded your lawsuit funding or declined.
In most cases, these are all the steps that you need to take in order to qualify for pre-settlement funding in Pasadena. We’ll also need your lawyer’s approval to award you legal funding. Apply today to see if you qualify for the cash you need to fight for your maximum settlement.
Need a Pasadena Lawsuit Loan? Apply Today!
At Tribeca Lawsuit Loans, we can offer you up to $1 million in lawsuit loans that can be deposited in your bank account within 24 hours of the approval of your application. It takes just minutes to apply on our website or with one of our live agents. Once you’re approved, you can spend the money however you want with no strings attached.
Settlement loans can provide you with a critical lifeline when you need it most during your settlement negotiations or court case. At Tribeca, we want to make sure that every one of our clients has the resources they need to complete their fight for justice. Contact us today and soon you could