Cape Coral lawsuit loans can give you the cash you need to fight for the maximum value of your settlement. A lawsuit can take months or years to settle, and most people simply can’t afford to conduct a long legal fight. The defense is counting on this and hopes that you settle for less.
With Cape Coral pre-settlement funding, as this form of financing is also known, you can continue to fight for the maximum value of your settlement. Find out if this financing option is right for you and how you can qualify.
How Does Pre-Settlement Funding in Cape Coral Work?
Pre-settlement funding in Cape Coral functions similarly to other forms of financing you might turn to during your legal battle. However, there are some key differences that can greatly benefit you. This can make a lawsuit loan in Cape Coral a better option than riskier forms of debt you might take on.
For one, while Cape Coral lawsuit loans are considered a debt, they are nonrecourse. This means that they are essentially risk-free to you, as your personal assets can’t be taken as repayment for the loan. The only collateral that will be used against it is your lawsuit settlement. This also means that you don’t have to repay anything if you lose your case.
This is a stark difference from credit cards or second mortgages, which must be repaid from your own finances regardless of the outcome of your case. For plaintiffs who might already be on shaky financial ground or for those who simply don’t want to put what they already have on the line, a lawsuit loan can be an attractive financing option.
What Kinds of Cases Are Covered by Cape Coral Pre-Settlement Funding?
If you’re involved in a lawsuit, you might be wondering if yours qualifies for a Cape Coral lawsuit loan. The good news is that practically any kind of settlement negotiation can qualify for pre-settlement funding. Some of the most common types of cases that our office covers include the following:
- Car accidents
- Personal injuries
- Medical malpractice
- Defective devices
- Employment dispute
- Jones Act
- Premises liability
- Wrongful death
This list isn’t exhaustive, so if you don’t see your particular case here, you may still qualify for settlement loans. If you’re waiting on a financial award from your lawsuit, then in all likelihood you’ll be able to apply for a Cape Coral lawsuit loan.
How Do You Qualify for Cape Coral Pre-Settlement Funding?
It’s fairly simple to qualify for a Cape Coral lawsuit loan if you have an ongoing lawsuit. If you meet the following criteria, it’s likely that you’ll be able to obtain pre-settlement funding in Cape Coral:
- You are at least 18 years old
- You have an ongoing lawsuit against an insured party
- You have hired a lawyer on a contingency basis
- Your lawyer will accept legal funding
It’s that simple – all that you need in order to obtain legal funding is to meet the above qualifications. Once you apply, we’ll take a look at your case and will determine how likely it is for you to win and the amount of legal funding we’re able to offer.
We will need your lawyer’s approval in order to provide you with legal funding. This is because we’ll be paid from any settlement that you reach, and sometimes lawyers don’t want to involve a third party at this stage of the process. Without their approval, we won’t be able to offer you legal funding, but you may be able to find another lawyer who does allow it if necessary.
How Much Do Cape Coral Lawsuit Loans Cost?
If you’re considering a Cape Coral lawsuit loan, it’s natural that you’ll wonder how much they cost. While we’re unable to give you an exact estimate right now, there are a few common features of lawsuit loans offered by reputable legal funding companies:
- Low interest rates
- Simple interest instead of compound interest
- No hidden fees
Most lawsuit loans from reputable legal funding companies are structured such to give plaintiffs the chance to walk away with a substantial part of their settlement. Your settlement shouldn’t be eaten up in high fees or interest rates. Don’t be afraid to shop around for a lawsuit loan that gives you these advantages.
Get a Cape Coral Lawsuit Loan Today!
Tribeca Lawsuit Loans can provide you with up to $1 million in Florida pre-settlement funding. Applying takes just a few minutes, and you could be approved within 24 hours. The money could arrive in your bank account ready to spend in less than a day.
Lawsuits are expensive, and you shouldn’t have to give up on your settlement and the justice you deserve just because you can’t afford to fight for them. We’re here to offer you the financial assistance you need to get every penny you deserve from your settlement.