Are you worried about how you’ll pay your bills while you wait for your lawsuit to finish in New Jersey? You’re not alone. The time between filing your lawsuit and getting your money can take months. If you can’t work in the meantime, achieving justice can be tough.
It doesn’t have to be. Tribeca offers lawsuit loans in Elizabeth and other New Jersey cities. In fact, we offer lawsuit loans all across the country! No matter where your case started, Tribeca has a way to help you get pre-settlement funding.
How Does the Lawsuit Loan Process Work in Elizabeth?
Elizabeth pre-settlement funding is a way to borrow against your future settlement. Your settlement serves as the collateral on the loan. These loans are a type of non-recourse financing, so we can only get paid back through your settlement money. If you lose your case, you don’t have to pay us back.
If you’re approved for the loan, you’ll receive part of your settlement quickly, often within 48 hours. Later, when you win your case, your lawyer will pay us back plus interest out of your full settlement. All of our loans are flat rate, simple interest loans.
Our pre-settlement funding in Elizabeth makes it as fair as possible to get money from your settlement before it finishes. These loans are meant to tide you over while you wait for your win, and could even give your lawyer a chance to get a higher settlement.
How Does Legal Funding in Elizabeth Help My Lawyer?
Lawyers need time to finish their cases, but their work is always under your control. It’s up to you to decide to take a smaller settlement or cancel your case. It’s frustrating for lawyers to quit just before they make a breakthrough in your case.
With Elizabeth legal funding, your lawyer doesn’t have to worry about your financial situation pressuring you to give up too soon on your case. With more time, they can gather more evidence that could earn you a larger reward.
Tribeca even has legal financing options for smaller law firms that need money to get off the ground. It costs a lot to start a law firm. If you’re a lawyer in Elizabeth and need legal financing, reach out to us to see if we can help you.
How Much Can I Get from My Elizabeth Lawsuit Loan?
To answer this question, we need to speak with your lawyer about the details of your case. Every case has a certain amount of value and a certain amount of risk. We weigh these factors to see if your case qualifies and how much you can get.
Tribeca’s loan range is from $500 to $1 million and we make it a policy to never lend so much that you’re left with nothing at the end of your case, assuming nothing major changes with your case after approval. You deserve to have a big payday for the injuries you’ve suffered, physical or otherwise!
What happens if your case goes even longer and you need another loan? It may be possible to get a second loan off your settlement, but it will depend on how your case is going and will take longer to approve.
How do I Start My Application for a Lawsuit Loan in Elizabeth?
It’s easy! Just click the Apply Now button or give us a call to set up a loan consultation meeting. We’ll ask you questions about your case, then reach out to your lawyer to get all the details we need. If you’re approved, you can have the money in your account in as little as 48 hours.
Tribeca offers loans nationwide, including Elizabeth, New Jersey, and there is no application fee to apply. The worst we can do is deny your application, so what do you have to lose in asking? Stop stressing about your finances with our help.