Pre-settlement funding, also known as a lawsuit loan, is a way to get money early from your lawsuit. Think of it as a cash advance. Instead of waiting for compensation, you can get it right away to pay for things you need.
We offer lawsuit loans in Visalia as well as the rest of California. If your lawsuit is out-of-state, it’s likely we can still offer a lawsuit loan to you. Tribeca has a growing national network of offices that let us give lawsuit loans to most of the country.
How Much Can You Get in Visalia Pre-Settlement Funding?
You can get as much as $1 million from Tribeca in pre-settlement funding in Visalia, but the actual offer amount will depend on several things:
- How strong is your case? Are you likely to win?
- What’s the value of your case and how much are you likely to realize?
- How long will your case last?
- Your amount of negligence in causing your injury, if any.
How do we make those decisions? We do this by requiring our lendees to have a lawyer working their case. By speaking with your lawyer, we get the details we need to make an offer that’s comfortable for both sides.
If you need more money later, it may be possible to get a second loan through us. However, approval depends on how your case has progressed since then.
How State Personal Injury Law Affects Visalia Legal Funding
Cities in California, like Visalia, allow people to file injury lawsuits, but they also follow a pure comparative fault rule. This means that your percentage of fault will reduce your compensation by that percentage.
If you’re 25% at fault, your final settlement award will be reduced by 25%. This is important from our perspective because we can only get paid back through your settlement. Tribeca offers non-recourse legal funding in Visalia. If you lose your case, you don’t owe us anything!
If your lawyer believes that your negligence amount was small or nil, we will be able to offer you much more than if there is doubt. Fortunately, we can get most of the answers we need about this through a quick call with your lawyer during the application process.
Visalia Lawsuit Loans Are Safe
We consider a lawsuit loan to be a safe way to get money from your settlement early. These aren’t like traditional loans. First, we cannot get any money from you beyond what’s in your settlement. That’s what non-recourse means. This keeps your other assets safe.
We also believe that you should get as much as you can out of your final settlement. That’s why we don’t put huge compound interest rates on your loan like some of our competitors. We give you a portion now but you’ll get most of your settlement once you win.
Finally, we make our contracts very clear so you’ll know all you need to know about the loan before you sign. We think these steps make lawsuit loans a safe way to get money from a lawsuit early, especially compared to traditional lenders.
Get Your Lawsuit Loan in as Little as 24 Hours After Approval
Once we have approved your loan, our team in Visalia can get you your money in as little as 24 hours! Most applications only take a few days to process. To get started, Apply Now or give us a call at the number at the top of your screen.