Here at Tribeca Lawsuit Loans, we specialize in providing lawsuit loans in St. Petersburg that will allow you to borrow against your future settlement. These types of loans are non-recourse loans, which means that if you don’t win your case, you don’t have to pay us back. It’s really that simple!
Unlike conventional loans, with a non-recourse loan, your collateral is the sole source of money that can legally be used to repay the loan. In a St. Petersburg lawsuit loan, your future compensation is your collateral. We get paid when you get paid, so if you lose your lawsuit, we take a loss too. So, you’ll never face monthly payments or irritating phone calls related to your loan. You get your money, use it as you see fit, then we get paid by your attorney when your settlement comes through.
How Does St. Petersburg Legal Funding Work?
The primary purpose of a St. Petersburg lawsuit loan is to let you borrow against your eventual settlement. Lawsuits can take months or years to end, and you may not be able to afford to wait for your compensation. A legal loan acts as a cash advance on your settlement. For example, if your attorney predicts an estimated value of $100k for your lawsuit settlement, we will let you borrow some of that $100k to spend now, rather than waiting for your lawsuit to conclude to get it.
Not only will settlement funding in St. Petersburg help you stay afloat while settlement negotiations continue, but it can even help get you better compensation.
How Can St. Petersburg Settlement Loans Help You Get a Better Settlement?
As you no doubt know by now, lawsuits can drag on for months or years before you get your compensation. What might be news is that this is a feature, not a bug. Yes, the legal system is slow, but defense attorneys and insurance companies deliberately slow the process far further as a negotiating tactic. Their goal is to let your mounting stress and unpaid bills force you into settling for a small fraction of the compensation you are owed. This infuriating, yet legal, tactic is highly effective.
Fortunately, with a St. Petersburg settlement loan, you can tap into your future settlement today to pay your current expenses. Legal funding can relieve your financial stress, so you can afford to give your attorney the time they need to secure the best compensation possible. Further, since Tribeca is invested in every case we fund, we may provide your attorney with the case funding required to pay for expert witnesses or other litigation costs that can strengthen your claim.
We Have a Proven Track Record of Helping Clients Just Like You
At Tribeca Lawsuit Loans, our main goal is to help people who need financial help while they await the conclusions of their legal matters. We have serviced over 5,000 clients and have provided over $45 million in lawsuit loans, including pre-settlement funding in St. Petersburg.
Our success story starts with our compassion for our clients. We are not just another loan service looking to make a quick buck off people in financial distress. Instead, we create low-risk, simple interest rate lawsuit loans that allow you to meet your current financial obligations while you fight for the compensation you are due.
How to Apply for St. Petersburg Lawsuit Loans?
At Tribeca, we understand how stressful this time is for you. We have streamlined our application process for St. Petersburg loans. Because we will never see a cent of your own money, our application includes:
- NO credit check
- NO income verification
- NO asset evaluation
- NO interest in your employment status
Since your future settlement is the only source of money that can be used to repay your St. Petersburg lawsuit loan, we need to evaluate the issues surrounding your case. We require only four pieces of information to get started:
- Contact information for you and your legal representation
- The type of lawsuit you filed
- Which state you live in
- How much money you would like to receive
Unlike other loan companies, we speak directly with your attorney to discuss the facts of your case. This helps us develop a low-interest loan plan that best meets your needs while you wait for your settlement to come through. Other loan companies may ask for your credit score or financial history. We NEVER ask for that information because we get paid when your case settles. You do not pay us from your own pocket.
Do You Need a Cosigner to Be Approved for St. Petersburg Pre-Settlement Funding?
Because a legal loan is dependent on the satisfaction of your lawsuit and not your credit history, you do not need a cosigner. All you need is for your attorney to be willing to meet with us and discuss your legal situation.
How Soon Can I Get Legal Funding in St. Petersburg, FL?
We understand that you need your money fast, and we do all we can to speed up the process. Once you have completed our free application, our team of underwriters leaps into action. They evaluate your information and contact your attorney to discuss your case. Next, they crunch the numbers to determine how much money we can offer you in a St. Petersburg lawsuit loan. Then, we have a staff member call you as soon as possible to discuss our offer. Once the contracts have been signed, we can have the money in your account in as little as 24 hours.
When the money hits your account, you can use it however you see fit. We never add restrictions to our loans on how clients should spend their money. You could use your funds for anything from medical bills and car repairs to your standard utility bills or even a vacation.
However you choose to spend the money, we are happy to give you the option.
Applying for Pre-Settlement Funding in St. Petersburg is FREE!
When you’re ready to relieve the financial stress so you can fight on for the settlement you deserve, please visit our Apply Now page, and provide some information about your case. Or, give us a call at (866) 388-2288 and speak with a friendly team member who will answer your questions. We could have you approved and the money in your account within as little as 24 hours, so what do you have to lose? It costs you nothing to learn what we can do for you.