Litigation often takes months or years to resolve. Meanwhile, the claimants in lawsuits (who already are dealing with the damages associated with the case) can experience extreme financial pressures as bills and expenses pile up. If that has been your experience, a Connecticut lawsuit loan can help you cover your costs and even win a bigger settlement.
Tribeca Lawsuit Loans provides up to $2 million in legal funding to clients in need. Applying is completely FREE, and you don’t have to pay us back if you end up losing your case. Fill out the form on our Apply Now page to let us know about your situation.
If you’d rather talk to a team member first, you can reach us at (866) 388-2288.
Connecticut Lawsuit Loans Eligibility
Tribeca provides pre-settlement funding for a vast array of cases. We fund Connecticut accident loans and malpractice settlement loans in Connecticut. Additionally, we have financed plaintiffs in cases involving:
- Sexual abuse
- Employment law violations
- Unlawful imprisonment
- Wrongful death
- Product liability
- Traumatic brain injury
- Civil rights violations
- Commercial litigation
The list of cases we fund goes on and includes mass torts as well. If you need a lawsuit settlement loan in Connecticut yet don’t see that we handle your type of case, please contact us. Chances are excellent that we can help you if you meet our basic eligibility requirements. You must be:
- 18 years of age or older
- The plaintiff in an existing lawsuit
- Represented by an attorney
Fulfill all of these requirements, and we can likely provide the Connecticut lawsuit loan you need. We require you to have legal representation to protect your interests and our own. Studies show that lawyers consistently win more cases and larger compensation packages than people who represent themselves.
What are Connecticut Lawsuit Loans?
Legal funding like lawsuit loans in Connecticut acts as a cash advance on your future settlement. Although it is a loan, it is quite different from the typical loans you are familiar with. It is a non-recourse loan. In a non-recourse loan, the lender has no recourse beyond the loan’s collateral for repayment. Your future settlement is the loan’s collateral and the only legal source of money to repay the loan. If you lose your case, there will be no settlement, so you don’t have to pay us back!
There is no risk to your personal finances, your home, or your income if you take out a lawsuit settlement loan in Connecticut. Because we will never see a cent of your own money, our lawsuit loan application includes:
- NO income verification
- NO credit check
- NO employment check
- NO asset evaluation
We will never see any of your money, so your private financial information remains private.
How a Connecticut Lawsuit Loan Can Help You Get a Better Settlement
You know that it takes months or even years to settle many lawsuits. But did you know that dragging out the case is a deliberate strategy defense attorneys and insurance companies employ? They aim to leverage your financial hardships against you, to drive you to accept a far lower compensation than they owe you. And it works!
Think about it. What would you do if you have mounting medical bills due to the harm inflicted on you and no money to pay them? Perhaps you also cannot work, so your income drops and monthly expenses balloon indefinitely. All too often, this cynical ploy works, and people who have been damaged reluctantly settle for just 30%-40% of what they deserve, just so they can end the waiting and get the money now.
Settlement loans in Connecticut give you a cash advance on your future settlement so you can pay your bills. Legal lending takes the pressure off so you can ride out the delay tactics and let your lawyer fight for the full compensation you deserve.
Once we fund your lawsuit loan in Connecticut, we’ll be invested in the successful resolution of your case. That means we may provide your attorney with case funding to pay for expert witnesses and other litigation expenses that may strengthen your case. At Tribeca, we help level the playing field in a lawsuit.
How Your Connecticut Lawsuit Loan Amount Is Determined
The money you receive in legal funding is directly related to your lawsuit’s potential compensation package. That’s because you repay the funding out of that eventual settlement or jury award. In this sense, you can think of a lawsuit loan in Connecticut as a cash advance on your future compensation.
When our underwriters determine how much we can provide you with as a lawsuit loan, they evaluate factors like:
- The value of your expected settlement
- Previous jury awards in similar cases
- The estimated duration of your lawsuit
- Any issues related to fault or negligence
For example, if you are partially responsible for the damages for which you are suing, this can affect your compensation. Connecticut has a comparative negligence law that diminishes the total of your jury award by the percentage for which you are at fault, per Connecticut Code §52-572h. If you are 20% responsible for an accident that caused you $100,000 in damages, your total compensation will be lowered by 20% as well, to $80,000.
The Legality of Connecticut Lawsuit Loans
There is very little regulation on pre-settlement loans in Connecticut. However, Tribeca Lawsuit Loans also provides pre-settlement funding in other states with more stringent requirements. We know the industry’s best practices, and we always abide by them.
Some ways that we help protect you from risk include:
- Offering a simple interest rate rather than compound interest
- Exclusively providing non-recourse loans
- Requiring NO REPAYMENT if you lose your lawsuit
How Connecticut Lawsuit Loan Repayment Works
At the successful conclusion of your lawsuit, your attorney should be provided with a check from the at-fault party for the settlement or jury award amount. Then, they write Tribeca a check for the agreed-upon repayment amount, and you keep the rest!
You don’t have to stress over monthly payments, defaulting on your loan, or other worrisome topics. Instead, you get a portion of your compensation package today and keep the rest at the end of your lawsuit.
Apply Today to Get Your Connecticut Lawsuit Loan
If you are ready to experience freedom from financial stress in the wake of your litigation, fill out the FREE form on our Apply Now page. Depending on the facts of your case, we can have anywhere from $500 to $2 million in your bank account within as little as 24 hours of document receipt and approval.
To learn more about the lawsuit lending process or discuss your application with a team member, call the Tribeca Lawsuit Loans office at (866) 388-2288. One of our friendly team members will be happy to assist you.
We offer lawsuit loans throughout the Constitution State, including in the following locations: