If you are a plaintiff in an ongoing lawsuit in the New Orleans area, then you probably understand how complicated the litigation process can become. Whether you are dealing with a personal injury claim, a premises liability suit, a defective product case, an employment law case, or another type of lawsuit, these matters can take years to reach a successful conclusion. In the meantime, this can leave plaintiffs struggling financially.
The team at Tribeca Lawsuit Loans has a proud history of providing low-interest lawsuit loans in New Orleans. Our team works in conjunction with your lawyer to determine your funding needs quickly. You can fill out our Apply Now form or call us at (866) 388-2288 to start the process of getting litigation funding today.
What Type of Cases Are Eligible for Legal Funding in New Orleans?
We take pride in our ability to help people who need loans for various types of lawsuits. We understand that life can bring unexpected challenges, and we have helped provide pre-settlement funding in New Orleans for all of the following types of cases:
- Employment law violation cases
- Labor law violation cases
- Car accidents
- Semi-truck accidents
- Product liability claims
- Defective pharmaceuticals
- Defective medical devices
- Commercial litigation
- Premises liability claims
- Whistleblower/False Claims Act/Qui Tam cases
- Jones Act cases
- FELA railroad cases
If you do not see your exact case-type here, please reach out to one of our legal funding specialists for help.
What Is the Approval Process for Legal Funding in New Orleans?
We have extensive experience helping secure legal funding in New Orleans for plaintiffs and attorneys, and we have streamlined the loan approval process. First, we want to have a conversation with you and your lawyer about your case. Specifically, we want to discuss the nature of your case, your total damages, how much you expect to receive in a settlement, and how long your case is expected to take.
We do not need to run a credit check, and we do not need to dig into your personal finances. We firmly believe that legal funding assessments should be based on the merits of your case, not your current or past financial history.
If we determine that you are eligible for a lawsuit loan, we will generally be able to get the money to you within 24 hours after approval.
How Do We Determine the Amount of the Lawsuit Loan?
Our loan team is able to provide loans in amounts ranging from $500 to $1,000,000.
The reality is that each case is different. There is no way for us to properly determine how much we will be able to provide for your case without looking over the details with you and your attorney.
What Can I Use My Pre-Settlement Funding On?
We understand that plaintiffs in the middle of complex litigation may need help with a range of expenses. That can include:
- Payments for current, past, and ongoing medical expenses
- Coverage of prescription medications or medical devices
- Payments for rent or mortgage
- Coverage of utility bills
- Repairs for property damage
- General household out-of-pocket expenses
Are New Orleans Lawsuit Loans Legal?
Yes, lawsuit loans in New Orleans are legal. In fact, calling this type of funding a “loan” is somewhat misleading. All legal funding that we provide is considered non-recourse, which means that plaintiffs will not have to pay us back if they are not successful with their case.
So, how are these loans repaid?
If a plaintiff is successful with their case, they will then pay us back out of their settlement or jury verdict award. The defendant will send the settlement check to the plaintiff’s attorney, who will then send us our payment. The attorney will deduct their legal fees and send the rest of the settlement to the plaintiff.
Turn to Tribeca Lawsuit Loans for Your Legal Funding in New Orleans
At Tribeca Lawsuit Loans, we understand that lawsuits can take years to reach a successful conclusion, and we also know that plaintiffs have to pay for their everyday expenses while waiting for a settlement. Our loan specialists will work with you and your attorney to arrange for a low-interest loan to tide you over.