Montana legal funding is essentially a cash advance given to lawsuit plaintiffs while you wait on the compensation you are pursuing through litigation. The amount you receive is paid back out of that jury award or settlement package when the lawsuit concludes.
Unlike a traditional loan, Montana legal funding allows you to use the money however you need. It’s also non-recourse debt, which means you aren’t personally liable for repayment. In short, all the risk is on the Montana lawsuit loan provider and not on you or your family.
How Legal Funding in MT Is Different From Traditional Loans
There are many benefits to lawsuit loans in Montana compared to traditional bank loans or cash advances. The difference is that pre-settlement funding isn’t related to, nor is it paid out of, your personal bank account. Instead, we get repaid solely by a portion of your compensation package.
Other ways that legal funding is a much better choice than a traditional loan include:
- No need for a credit check
- No need to look into your personal financial history
- No repayment necessary if you lose your case
- No seizing of collateral, apart from the agreed-upon portion of your settlement
All of the risk is put on Montana lawsuit lenders in this arrangement, since we do not get repaid at all if you lose your lawsuit. That’s why we say Montana legal funding is a no-risk arrangement for plaintiffs like you.
Montana Pre-Settlement Funding Requirements
The requirements for getting Montana lawsuit loans are the same as those in other states we serve.
- You need to have a valid lawsuit.
- You need to be represented by an attorney or law firm.
- You need to be the plaintiff in your litigation, suing for compensation.
Our application process is completely free, so it never hurts to fill out a form and see whether or not we can provide you with the money you need. As long as you stand to make compensation from your lawsuit, you are likely eligible to receive legal funding in Montana. After all, our case acceptance rate is over 94%!
Types of Lawsuits That May Qualify for Montana Legal Funding
We provide pre-settlement legal funding for a wide variety of cases. We have funded claims such as labor law violation lawsuits, car accident cases, sexual abuse allegations, general personal injury claims, product liability, medical malpractice, and a host of other lawsuits.
Depending on the facts of your case, you may be able to get a lawsuit cash advance. Essentially, it is a way of pulling money from that eventual compensation into today, so you can pay for things like rent or mortgages, cover your medical bills, or replace income lost due to injury.
Applying for Lawsuit Loans with Tribeca
If you need money to cover expenses while your lawsuit concludes, check out Tribeca Lawsuit Loans for a lawsuit loan in Montana. You can apply online for free by clicking the Apply Now button or call us for more information about how legal funding works. Together, we can help you meet your current needs while pursuing maximal compensation.