Nebraska residents who have been injured in an automobile accident due to negligence or deliberate actions of another driver may be able to qualify for a Nebraska car accident loan against their pending personal injury lawsuit. To be eligible, you must have attorney representation, and the insurance company or self-insured party must be involved in the case.
Tribeca Lawsuit loans provides immediate car accident loans in Nebraska for victims suffering physically and under financial strain while they await compensation money from their trial or settlement. You can apply today for free with us within a matter of minutes on the phone.
At Tribeca, we are ready to help those in the Cornhusker State– our loan specialists can secure a cash advance for you in as little as 24 hours and you only need to re-pay it if you win your case. Contact us today.
Qualifications for Car Accident Lawsuit Loans in Our State
There are a few qualifying factors that are required from you to acquire your car accident oriented pre-settlement funding from Tribeca, which include these considerations in the state of Nebraska:
- You must be the plaintiff in a car accident lawsuit, and cannot be the at-fault party in the case.
- You must be represented by an attorney. This protects you and our investors, plus increases your chances of a larger settlement.
- It is better to have a strong probability of winning your lawsuit over the defending party. We will also need to confirm that the party at fault has firm insurance to cover compensation.
The Risks of Legal Funding
Simply put, Nebraska legal funding for car accidents is completely risk-free – no hidden fees, no credit score check, and no risk or checks into your bank account. Despite the misleading information thrown out there in the media about some forms of lawsuit loans, the type of pre-settlement funding that Tribeca provides is completely safe.
This is because we, as the lender, take on all the risk through this non-recourse debt, which means you are not obligated to repay the loan if you lose your case. If you win, you repay the agreed-upon percentage of your potential compensation and you keep the rest.
On the other hand, non-risk, non-recourse debt means we will not:
- Structure you on any monthly payment plans
- Expect the repayment from your personal finances (Remember, you are not liable.)
- Unfairly garnish any wages from a portion of your paycheck
What to Look for in Auto Accident Settlement Funding Firms
Here at Tribeca Lawsuit Loans, we know this is already a stressful time in your life that has been turned upside down because of a negligent driver, so we know how important it is to earn your trust.
Our team of pre-settlement professionals has helped more than a thousand clients secure over $45 million in legal funding, a big chunk of which includes auto accidents and related car crash personal injury funding, so we have proven stats that we are reputable.
Here is a checklist we have put together on what to look for when you are weighing your options on car accident lawsuit loans:
- Talk to your attorney. Discuss how long your case is expected to last. Your trusted legal representation will also know which local lawsuit loan companies in Nebraska are right for you.
- Check into fees and interest rates. Reputable lawsuit loan companies will be upfront with any application fees and rates. Tribeca does not charge an application fee and offers a low, compounded interest rate.
- Be aware of your payback agreement. Review your pre-settlement contract with your attorney to make sure that, if you win, your payback is not more than your settlement and, if you lose, you owe nothing.
- Make sure there is no conflict of interest. The lawsuit loan company you choose should not have any affiliation with the medical providers or attorneys connected to your case.
What Should I Expect During the Pre-Settlement Funding Process?
It is important to understand the legal funding process in Nebraska and to have in mind a logical prediction of the settlement amount you will receive. Here are a few other factors to expect and prepare yourself for:
- There are limits to how much money you are eligible for in a lawsuit loan. Tribeca legal funding ranges from $500 to $1 million.
- Do not expect to take home your entire settlement. You can usually borrow against a maximum of one-third of your settlement.
- Your attorney will be the one working with our legal funding specialists at Tribeca, from the first step of applying to the final settlement. This minimizes the stress for you.
Locations Served
- Lincoln
- Omaha
How to Apply for a Car Accident Lawsuit Loan
Now that you have been coached on what to look for in a lawsuit loan company, what to expect during the pre-settlement funding process, the risks, and the benefits, all that is left for you to do is apply for a car accident lawsuit loan in Nebraska. One of our team members at Tribeca will work with you and your attorney as soon as possible.