Need financial support from your lawsuit? We can facilitate a cash advance anywhere between $500 to $2,000,000, based on the merit of your injury lawsuit case. Our services come highly recommended and reviewed by our previous clientele, and we maintain a robust presence throughout Colorado. We can expedite a legal advance to you in as few as 24 hours! Start your application today!
Our legal loans, also referred to as case loans or lawsuit funding, can be deployed for any expenditures that arise while your lawsuit is ongoing and before you secure your rightful compensation from a victorious trial verdict or settlement against the opposing party. Numerous clients utilize the funds we disburse for paying medical bills, covering rent or mortgage payments, utility bills, or even for everyday necessities like food and transportation.
Access your funding today! You can reach our approachable and seasoned team at (866) 388-2288 or connect with them via this straightforward online form for any queries or concerns you may have about the pre-settlement funding procedure.
Three Steps To Your Cash Advance
Step 1: APPLY for Lawsuit funding in Colorado now
Submit your application to us for funding. Our lawsuit loan application includes:
- No credit check
- No income verification
- No asset evaluation
- No money up-front
- No hidden fees
Step 2: REVIEW
Step 3: CASE FUNDING
Tribeca Lawsuit Loans sends a contract detailing terms of funding. Cash is distributed quickly and securely.
What is a Colorado Lawsuit Loan?
Your future settlement serves as the collateral on a Colorado lawsuit loan. There is no credit check or income verification required, and you can get your money within just 24 hours of approval. You can use the funds to pay your mortgage or rent, medical bills, or anything you need. Best of all, legal funding can help you win a better settlement!
For example, a plaintiff like John Smith is anguished and is grappling with severe injuries and financial strain following a auto incident caused by another party’s negligence or deliberate act. As a result of this incident, he’s unable to work and is facing a pile of medical bills, ongoing treatment costs, and daily living expenses, all of which are compounded by the loss of income.
To seek compensation for his damages, John has filed a personal injury lawsuit against the responsible party. However, the legal process in Colorado is notoriously slow, and as the months drag on without a settlement, John’s financial situation becomes increasingly dire. It’s during this critical waiting period that lawsuit loans step in. They provide John with a financial lifeline, offering immediate cash to cover his urgent expenses without any risk to his personal assets. This funding is solely based on the merits of his case and is repayable only if he wins his lawsuit, allowing John to focus on his recovery and legal battle without the added stress of financial ruin.
Specific Laws and Regulations regarding Lawsuit Funding in Colorado
Colorado Pre-Settlement Funding with Tribeca
If you have a personal injury case in Colorado arising from another party’s negligence, pursuing a lawsuit for full and fair compensation can be a lengthy process. Tribeca Lawsuit Loans offers pre-settlement funding to help plaintiffs in such tragic and financially uncertain times.
The Impact of Legal Funding
Being a plaintiff in a personal injury case is challenging, especially when dealing with insurance companies and the long road to recovery. The process is further complicated by the need to reach the point of Maximum Medical Improvement (MMI), as determined by a doctor, before entering settlement discussions. This is to ensure the full extent and cost of damages are known.
Financial Relief During Legal Proceedings
While waiting for MMI and settlement, life doesn’t stop, and bills need to be paid. Tribeca Lawsuit Loans can help with pre-settlement funding in the Centennial State, providing much needed funds within 24 hours of approval.
Pre-Settlement Funding for Accident Lawsuits
Legal funding is a simple, fast solution that’s free to apply for and doesn’t involve credit checks. The advance is only repaid after a successful case resolution. If the case isn’t resolved favorably, you keep the money and owe nothing. This offers financial stability while your attorney negotiates the maximum compensation you deserve.
Legal Funding Eligibility
To be eligible for a Colorado personal injury lawsuit loan, all you need to do is fill out an application. Our application process is painless and easy to complete.
Provide Us with Information About Your Case
To get started with your application, below is the only information you’ll need to provide us with:
- Your basic info
- Info about your legal representation
- How your accident occurred and the type of injury you sustained
- The severity of your injury and the extent of your damages
- How much money you need
- How much your settlement is estimated to be worth
Submitting Your Application
After submitting your application for litigation funding online, our team of expert financial consultants will review all of the information you provided. If we need any further information, we will reach out to you or your lawyer. We know that time is of the essence, so we work fast through this step.
Notification of Approval
If your application checks out, we will notify you of approval for your Colorado lawsuit loan. You will receive funds in 24 hours or less. Once you get the money, you’re free to use it however you please.
Do I Need to Go Through a Credit Check?
When you apply for a lawsuit loan with us, you do not have to submit to a credit check. In fact, we don’t require you to submit any other financial documentation like your pay stubs or savings accounts. We care about what you included with your application and nothing more. Why? After suffering traumatic physical and mental injuries in an accident, you may be in a poor spot financially. We want to help fund personal injury victims regardless of financial status, so we don’t require any credit checks or other inquiries for accident loans.
How Do Settlement Loans Get Paid Back?
You may wonder how you’re supposed to pay back your lawsuit settlement loan in the Rocky Mountain state. Whatever money you receive gets paid back through the settlement you eventually win. However, if you don’t win a settlement, don’t worry. You won’t get held liable for any repayment. This is because our pre-settlement loans are non-recourse.
Non-recourse loans are borrower-sided and put the risk of repayment on us. In other words, you will never have to worry about repaying us if you don’t win. At Tribeca, getting the funds you need doesn’t have to come at a steep cost because we absorb all of the risk.
Do Colorado Lawsuit Loans Charge Interest?
Our company charges a flat, simple interest rate rather than the compound interest other lenders charge. This helps ensure that we provide the lowest possible rates. Competitors can charge much higher rates, as Colorado’s Uniform Consumer Credit Code (UCCC) as of 2023 currently sets a maximum annual interest rate limit of up to 36% for small consumer loans of $1,000 and lower rates for higher balances! We work to ensure you get the lowest possible rates and that you will be able to keep as much of your settlement as possible.
What Can I Use My Lawsuit Loan for?
You can use your pre-settlement funding for a wide variety of financial obligations. Here are a few of the most common that most injury victims will typically spend their funds on:
You shouldn’t pay for the costs of your medical expenses out of pocket when your injuries were caused by the negligence of another party. While you wait for settlement money to come through, you can use your lawsuit loan to pay for treatment, prescriptions, hospital visits, and more.
Aside from your injuries, an accident can also cause damage to personal property such as a car. If you need replacements or want to make repairs, you can put the funds you receive from your loan towards any property damages you sustained.
Rent or Mortgage Payments
While you’re injured, you may be unable to work or have a significant reduction in your wages. If it’s getting hard to make ends meet and pay for your rent or mortgage, our legal funding has you covered and will help you meet monthly payments.
Costs of Living
Along with rent or mortgage payments, living costs can also quickly add up. Utilities and groceries are essential, and it can be hard to pay for them while you’re injured and fighting for your settlement. You can use your funds to buy food and pay for power, water, gas, etc.
Why Choose Tribeca in Colorado?
Quick Approvals: Tribeca Lawsuit Loans understands your time is precious. That’s why we’ve streamlined our process to help answer your questions on the phone within 2-4 minutes, and ensure rapid loan approval (often within 24 hours). Our commitment to efficiency means you can move forward with your legal proceedings with minimal delay, ensuring that when time matters, we’re there to provide the quick financial support you need.
Safety and Privacy: At Tribeca, your privacy and security aren’t just an afterthought; they’re our priority. From the moment you begin your application to the instant you receive your funds, we employ stringent security measures to ensure your personal information remains confidential. With us, you can apply with the confidence that your data is in safe hands.
Risk-Free Lending: We believe in standing by our clients, which is why we offer a ‘no win, no fee’ guarantee. If your case doesn’t succeed, you won’t be burdened with the repayment. This risk-free approach ensures that you can focus on your case without the added stress of financial liability hanging over your head.
Transparent and Fair Pricing: Understanding your financial obligations shouldn’t be complicated. That’s why Tribeca offers non-compounding interest rates, calculated only on the initial funded amount. This means no surprises and more manageable costs. We’re committed to providing a transparent, fair pricing structure, so you know exactly what you’re getting with no hidden fees.
No Monthly Payments: Forget about the hassle of monthly payments. With Tribeca, your repayment happens only if and when your case settles. This contingency-based approach means you won’t owe us anything until you receive your settlement. Your plaintiff attorney handing your lawsuit will handle the repayment to Tribeca directly, ensuring a smooth and stress-free process. We’re here to support you, not complicate your life.
Fight Back Against the Insurance Company
One thing you should always remember is that insurance companies aren’t on your side. This is most obvious during car accidents and related injuries. They will do whatever they can to pay you the bare minimum in financial compensation for your injury. To avoid this, you’ll have to negotiate for a better settlement by filing a lawsuit against the at-fault party.
Lawsuits frequently take a long time to settle. Insurance companies know this and will use that to their advantage, prolonging the process to get you more likely to settle for less. Don’t let an insurance company take advantage of you while you’re injured. Obtaining a lawsuit settlement loan in Colorado can help you get the settlement you rightfully deserve.
Get Your Pre-Settlement Lawsuit Funding Today from Tribeca in Colorado
Tribeca in Colorado is here to help you get the funds you need to keep fighting against the insurance company for fair financial compensation. Applying with us is simple, and we can get back to you within 24 hours or less. Please do not hesitate to reach out to us to learn more about how we can help you get money fast. You can contact us online or over the phone at (866) 388-2288.
What is the civil lawsuit process typically like in Colorado(CO) Lawsuit Loans?
The civil lawsuit process begins with the plaintiff filing a claim against the defendant. This includes the details of their case and damages sought. Both parties, represented by their attorneys, engage in the discovery phase to gather evidence. The case may go to trial, overseen by a judge and possibly a jury, or it might be resolved through a settlement. At any stage, a plaintiff can apply for a lawsuit loan from Tribeca, subject to case evaluation. If approved, funds can be advanced in as little as 24 hours.