At Tribeca Lawsuit Loans, we offer immediate same day pre-settlement loans in Delaware at competitive interest rates to meet the needs of those currently in plaintiff’s lawsuits.
Considering the need to borrow funds from your lawsuit? We are equipped to provide you with a cash advance anywhere between $500 and $2,000,000, contingent upon the value of your injury lawsuit case.
We have a highly esteemed reputation, reflected in the reviews by our previous customers, and we maintain an extensive reach across Delaware. We can furnish you with a cash advance in a timeframe as short as 24 hours! Apply Now!
Tribeca’s Lawsuit loans can be utilized to cover any expenditures that crop up while the plaintiff’s lawsuit (your lawsuit) is still unresolved and prior to receiving your justifiable compensation from a victorious trial verdict or settlement against the defendant. A multitude of clients utilize the funds we are capable of disbursing for needs such as medical bills, rent or mortgage payments, utility bills, or even routine expenses like food or transportation.
Take the first step towards your funding today! Contact our friendly team at (866) 388-2288 or reach out to them via this accessible online form, for any questions or worries you might have about the pre-settlement funding process.
For our lawsuit pre-settlement loans, no credit check or proof of income is required because if your case doesn’t succeed, you aren’t obligated to repay Tribeca.
Three Steps To Your Pre-Settlement Funding
Step 1: APPLY for Lawsuit funding in Delaware now
Submit your application to us for funding. Our lawsuit loan application includes the following process:
- No credit check
- No income verification
- No asset evaluation
- No hidden fees
- No money up-front
Step 2: REVIEW
Our fast and proficient team will review your case. We support many different types of cases including personal injury loans, car accident, premises negligence, workers’ comp, class action and more.
Step 3: FUNDING
Tribeca Lawsuit Loans sends a contract detailing terms of funding. Cash is distributed quickly and securely.
Specific Laws and Regulations regarding Lawsuit Funding in Delaware
Legal Aspects of Lawsuit Funding in Delaware
In Delaware, Tribeca Lawsuit Loans offers funding ranging from $500 up to $2,000,000, dependent on the case value. Delaware uses the Modified Comparative Fault 51% Bar, as per 1 Del. C. § 8132 and Brittingham v. Layfield, 962 A.2d 916 (Del. 2008). If the plaintiff’s fault exceeds 50%, they can’t recover if the defendant’s conduct is merely negligent.
Key Timeframes and Financial Figures
The Statute of Limitations in Delaware is 2 years (Title 10, Ch. 81, Sec. 8119). The minimum policy limits for bodily injury & property damage are $25,000 per person, $50,000 per accident for bodily injury liability, and $10,000 property damage liability per accident. The state also has set minimum auto insurance liability at 25/50/10 and PIP at 15/30. It’s important to note that when dealing with an insurance company in your case, these limits may affect the compensation available to you.
Eligibility and Limitations for Workers’ Compensation
Workers’ compensation cases are eligible for funding. However, legislation in Delaware restricts companies from funding cases linked to workers’ compensation and soft tissue injuries. If a plaintiff has previously sought funding elsewhere for the same case, a lien will be filed as per Delaware law and will need to be settled.
What is Pre-Settlement Funding or Lawsuit Funding?
Pre-settlement funding provides financial support to plaintiffs in Delaware awaiting lawsuit resolutions. This non-recourse advance allows individuals to cover living expenses and medical bills during lengthy legal proceedings. Unlike traditional loans, repayment is contingent on case outcomes.
Funding companies like Tribeca evaluate claim strength, potential settlement amounts, and expected duration before offering advances. This option can alleviate financial stress, enabling plaintiffs to pursue fair compensation without settling prematurely. However, it’s crucial to understand terms, interest rates, and repayment obligations.
At Tribeca, we only offer capped simple interest rates, unlike our competitors. Lawsuit loans typically have an interest rate of 2% to 4% per month. However, costs may change based on the particular case.
Consult with an attorney to determine if pre-settlement funding suits your circumstances as there can be downsides for certain types of cases.
Are Lawsuit Loans Legal in Delaware?
Yes. Lawsuit loans are legal in Delaware and are endorsed by state courts. Tribeca offers lawsuit funding in Delaware. Funding firms may legally conduct business in Delaware as long as they avoid getting involved and do not influence the resolution.
In past years, there have been several challenges to the practice of litigation funding in Delaware. However, Delaware Supreme Court Judge Jan R. Jordan denied such challenges in an official opinion in 2016. As it stands, courts have consistently upheld the right of plaintiffs to engage in litigation funding while their case settles.
Tribeca Lawsuit Loans provides funding in a host of other states across the Union as well, some of which have much stricter policies regarding lawsuit loans.
Client Testimonials
What People Say About Tribeca Lawsuit Loans
“Five stars for Tribeca ! I can honestly say that working with Tribeca law suit loans was very simple and rewarding. The staff were all very courteous and user friendly. I was able to secure a $ 10,000 dollar loan within days of contacting them. I have delt with other companies and there is no comparison, Tribeca is upfront and honest, willing to go the extra mile to assist you. Don’t hesitate to give them a call, I am so glad I did. God bless, Harvey Murphy” – Harvey Murphy (August 24, 2024)
Are Lawsuits Loans Safe?
Yes. Our pre-settlement arrangements abide by all industry best practices and are totally safe for you. We consider our Delaware lawsuit loans risk-free for you because:
-
- Your personal finances are not a source of repayment.
- We do not seize any collateral apart from the agreed-upon portion of your compensation package.
- If you end up losing your lawsuit, you don’t have to pay us back at all!
Who Can Get a Lawsuit Loan?
As long as you are the plaintiff in a lawsuit and stand to be paid compensation, you probably qualify for a lawsuit loan in Delaware from Tribeca. Pre-settlement funding is a way to pull money from your future settlement or jury award so that you don’t have to suffer financial insecurity in the months or years before your case resolves.
We at Tribeca provide legal funding for a variety of cases in Delaware. Our litigation financing company offers lawsuit cash advances to help plaintiffs navigate the First State’s unique legal landscape.
In Delaware’s mix of urban areas and scenic coastal regions, motor vehicle accidents are unfortunately common. We offer settlement funding for cases involving:
- Multi-vehicle pileups on I-95
- Truck accidents at busy port areas
- Beach town tourist vehicle collisions
- Pedestrian accidents in historic districts
- Bicycle crashes on coastal highways
- Corporate fleet vehicle incidents
- Public transit bus accidents
- Agricultural equipment collisions
- Rideshare vehicle crashes
These accidents often result in severe injuries like traumatic brain injuries, spinal cord damage, and complex fractures. Our pre-settlement financing also covers Labor law violations, Employment discrimination cases, Business disputes, Whistleblower or Qui Tam litigation, Medical malpractice or defective drugs claims, Faulty products, etc.
It’s completely free to apply, with no hidden fees or charges. Let us know about your case by filling out our application form and we will respond as soon as possible with information about how much legal funding we can potentially provide.
Apply for Delaware Pre-Settlement Funding Today
You can find our application form by clicking on the Apply Now button above. If you’d like to discuss an existing application, get a lawsuit loan, or need assistance with any other related matter, call our office at (866) 388-2288.
FAQs
What is the civil lawsuit process typically like in Delaware?
In Delaware, the civil lawsuit process usually starts with filing a complaint in a court that has jurisdiction over the matter. The defendant is then served with the complaint and must respond within a certain timeframe. Next, both parties engage in a discovery process to gather information about the case. This may include depositions, interrogatories, and document production. Settlement negotiations can take place at any time during this process. If no settlement is reached, the case goes to trial where a judge or jury decides the outcome.
Can I get a lawsuit loan for any type of lawsuit in Delaware?
Generally, lawsuit loans are available for a variety of civil lawsuits in Delaware, including personal injury, wrongful termination, and civil rights cases. However, there are restrictions, as the state’s legislation prevents companies from offering financial support for cases related to workers’ compensation and those arising from soft tissue injury. Also, if you have previously applied for funding elsewhere for your case, a lien might be filed which will need to be paid off.
At Tribeca Lawsuit Loans we understand the financial challenges that come with ongoing legal proceedings. That’s why we offer personal injury lawsuit funding and post-settlement funding options to help you get the support you need. Whether you’re looking for same day settlement loans or longer-term financial assistance, we’re here to help you navigate the process and get the funds you deserve.