Santa Rosa lawsuit loans can give plaintiffs the financial ability to fight for their maximum settlement. If you’re involved in litigation, it could be months or years before your case is resolved. A pre-settlement loan can help you deal with the expenses you can expect to face.
Defendants often try to drag out settlement negotiations in the hopes of forcing plaintiffs to settle for less. With a Santa Rosa pre-settlement lawsuit loan, you can resist these pressure tactics and hold out for the best possible outcome.
How Does Legal Funding Work?
Your settlement could potentially lead to a significant financial award, but only if you’re able to fight for it. Unfortunately, few plaintiffs have the financial resources needed to wage a long legal battle. Medical bills, rent or mortgage payments, and regular living expenses can place immense pressure on a plaintiff to settle early, even with a strong case.
Santa Rosa lawsuit loans allow you to tap into the expected value of your settlement with a nonrecourse loan. This loan doesn’t need to be repaid unless you win your case and carries no risk for the borrower. If you’re involved in a lawsuit against an insurance company or a major corporation, a lawsuit loan can be especially useful, but anyone can qualify for one.
How Do You Apply for a Santa Rosa Pre-Settlement Loan?
The process to apply for a Santa Rosa pre-settlement loan is simple. Once you meet the following criteria, you’ll be able to apply for a legal loan and likely qualify for funding:
- You’ve filed a lawsuit
- You’ve hired a lawyer
- Your lawyer is working on a contingency basis
- Your lawyer is willing to accept legal funding
So long as you meet the above criteria, it’s likely that you’ll be able to obtain legal funding without a problem. However, if your lawyer doesn’t approve of legal funding, you won’t be able to obtain a lawsuit loan. This is because they will need to pay the legal funding company from your award, and some lawyers don’t want to involve a third party in this process.
Should your lawyer refuse legal funding, we’ll still be able to lend to you if you find another lawyer.
What Types of Cases Does a Santa Rosa Lawsuit Loan Cover?
Santa Rosa lawsuit loans can be used in a wide variety of cases. If you’ve filed a lawsuit, it’s likely that we’ll be able to lend to you. Here are some of the most common pre-settlement funding cases we handle:
- Car crashes
- Personal injuries
- Medical malpractice cases
- Defective devices
- Promises lawsuits
- Jones Act
This list isn’t exhaustive, and even if you don’t see your lawsuit on here, you could still qualify for legal funding. Get in touch with us to find out if we can handle your specific case.
How Risky Are Santa Rosa Lawsuit Loans?
Santa Rosa pre-settlement loans carry far less risk than other forms of financing – in fact, they carry no risk at all for borrowers. Unlike other forms of debt like second mortgages or credit cards that plaintiffs often turn to in settlement negotiations, lawsuit loans are considered to be a nonrecourse debt. This means you have no obligation to repay them with your own money.
The only form of collateral that’s used for lawsuit loans is your settlement itself. This means that if you lose your case, you don’t need to pay anything back to the lender. This is a major difference from other forms of debt, like personal loans or credit cards, which must be repaid regardless of the outcome of your case.
Get a Santa Rosa Lawsuit Loan Today!
At Tribeca Lawsuit Loans, we can offer you Santa Rosa lawsuit loans at great rates today. Apply now and if you qualify, you could receive money in your bank account within 24 hours. We can offer you up to $1 million in nonrecourse legal funding for your case should you be approved.
All of our lawsuit loans are offered with low interest rates, giving you more of your settlement to take home should you win your case. If you lose, you don’t need to repay anything and we’ll bear all of the losses. Get in touch with us today to get the funding you need to finish your fight for justice.