When a lawsuit goes on for too long, plaintiffs face a tough decision. Do they end the lawsuit early and take a lower amount of money, or push through until the end? Sometimes there just isn’t enough money to continue without a little help from someone else.
Our team can help you if you’re in this situation. Tribeca offers lawsuit loans in Concord and in cities all over the United States. These loans can make all the difference between giving up on justice and seeing it fulfilled. Here’s how we can help you.
How Our Lawsuit Loans in Concord Can Help You
Tribeca solves the problem of funding your lawsuit while you wait on a settlement negotiation or a lawsuit to finish. We give you access to some of your future settlement money before you win your case. This can be a godsend if you’re worried about your financial situation.
With this money, you can continue fighting for justice by covering lost wages, paying for recovery, and any other expenses you need while you wait. The perfect use case is when you feel you have to take a lower settlement because you can’t afford to wait any longer.
You don’t have to wait for a financial emergency to apply, though. If you have a qualifying case and a lawyer working on it, you will probably qualify. Your case could get you a Concord lawsuit loan anywhere from $500 to $1 million, and applying is free. There’s nothing to lose by asking!
Why Do You Require a Lawyer for Pre-Settlement Funding in Concord?
Getting a lawyer to accept your case is the best thing you can do to improve your chances of winning your case and maximizing your settlement. Insurers will take advantage of your ignorance of the system if you don’t have one.
Your lawyer lets us know whether your case has a chance of winning in court. Since many civil case lawyers get paid on contingency, they don’t get paid unless you win. Thus, they won’t take cases they feel aren’t winnable or are too small to justify the cost of a lawyer.
Also, as part of the approval process, we consult with your lawyer about your case to see whether there is enough value and chance of winning to qualify for a lawsuit loan. We will keep all details of your case in confidence. Tribeca wants to check the value of your case and the legal challenges that could jeopardize it.
What Happens After Approval of My Concord Legal Funding?
First, we will reach out to you to schedule a meeting to go over the details of your loan. We only offer simple interest rate, non-recourse loans, so it’s easy to calculate how much you’ll pay us from your settlement at the end. This is usually handled by your lawyer at the end of the case.
If you accept, we will get to work transferring the money into your account. For smaller loans, we can do this in around 48 hours. For larger loans, there may be a wait to comply with federal money transfer laws. These are out of our control, but we will tell you if there is a delay.
You’re free to spend the money however you want once you get it. It is considered the same as your settlement money, so you do not have to worry about income tax. If you choose to invest the money, consult with your accountant about any capital gains tax implications.
Get Started Today and Apply for Concord Pre-Settlement Funding
Now that you know everything you need to get legal funding in Concord, it’s time to apply! To do that, call us or click Apply Now and follow the instructions. We will schedule a consultation meeting with you about your case.
The time to get a decision depends on the complexity of your case and how soon we can contact your lawyer. If you’ve applied for a loan, be sure to tell your lawyer to expect us to contact them! After approval, you can have the money as soon as 48 hours.