Plaintiffs can obtain Carmel lawsuit loans if they experience an injury due to no fault of their own. In these instances, a plaintiff can apply for legal funding. And this individual can use their funding to cover various daily expenses until their case is resolved.
Tribeca is a top choice for legal funding. We make it simple to submit a lawsuit loan application 24/7.
What Steps Do I Need to Take to Apply for Carmel Legal Funding?
Our loan application process can usually be finished in minutes. Here are the steps:
- Fill out our loan application on your tablet, smartphone, or desktop or laptop computer.
- Let us review your application in conjunction with the strength of your legal case, its anticipated time frame, and your estimated compensation.
- Get approved for legal funding.
- Receive a check in the mail for your loan amount.
From start to completion, you can obtain legal funding in Carmel in just a few days.
Will Getting a Lawsuit Loan Damage My Credit Score?
We do not request your credit history when you apply for a lawsuit loan. This means applying for legal funding will have no impact on your credit score.
Furthermore, we do not require information about your personal finances. We look exclusively at you and your legal case. From here, we can determine if you are a good candidate for legal funding.
What Will I Need to Do After I Get Carmel Pre-Settlement Funding?
There are no restrictions on how you use your pre-settlement funding in Carmel. You can use your funding to cover essential expenses, such as:
- Groceries
- Insurance
- Medical bills
- Rent
- Utilities
You do not need to disclose how you utilize your funding either.
When Am I Required to Repay a Carmel Lawsuit Loan?
Our lawsuit funding is non-recourse, which means you pay it back after you win or settle your legal case. If you lose your case, you do not need to repay your lawsuit funding.
If you win or resolve your case, you pay back your lawsuit loan in Carmel via your attorney. At this point, you will receive a check for your case compensation. Your lawyer can use this check to cover the cost of your loan. He or she can also provide you with the remaining compensation amount.
Are There Any Fees Associated with Lawsuit Loans that I Will Need to Pay?
Our pre-settlement funding specialists take pride in being honest and upfront with plaintiffs. We ensure you are informed about all costs associated with our lawsuit loans.
We do not charge any processing or application fees. However, we do charge interest on our lawsuit funding.
Our lawsuit loans are cash advances. As such, we offer low interest rates on legal funding, particularly when compared to personal loan options provided by banks and credit unions. And we do not compound interest on our lawsuit loans as well.
Are Carmel Lawsuit Loans Cost-Effective?
Lawsuit loans are great options for plaintiffs who need financial assistance. Plaintiffs may find their everyday expenses and legal costs can get out of hand. Meanwhile, they may be forced to make budget cuts if they want to avoid substantial debt. But lawsuit funding can be used to mitigate this issue without compromising a plaintiff’s long-term financial wellbeing.
Our legal funding is designed for plaintiffs involved in myriad types of cases. Each lawsuit loan is tailored to a plaintiff. The loan ensures a plaintiff can immediately repay their funding after he or she wins or settles their case.
We verify that a lawsuit loan meets a plaintiff’s requirements, too. Our legal funding specialists learn as much as they can from plaintiffs. This allows us to provide each plaintiff with a personalized lawsuit loan recommendation.
Is There Anything Else I Need to Know About Carmel Lawsuit Funding?
We require anyone who applies for a lawsuit loan to hire an attorney. There are several reasons why we have this requirement in place.
An attorney looks out for their client’s best interests. He or she works diligently on your behalf as you move forward with your legal case. In the best-case scenario, your attorney will ensure you can obtain the maximum case compensation amount.
At the same time, an attorney can provide us with timely, accurate, and relevant details about your case. Our legal funding specialists can use this information to provide you with the best lawsuit loan. And your attorney takes care of paying back your loan once you receive compensation from your case.
Discover Today Why We Are Leaders in the Pre-Settlement Funding World
Tribeca makes it easy to get lawsuit funding. To learn more, call us today or submit an application.