Do you need to secure funds from your lawsuit? We can provide a cash advance anywhere between $500 to $2,000,000, contingent on the worth of your injury lawsuit case. We have an excellent reputation, validated by glowing reviews from past clients, and we have a significant footprint all over New Mexico. We’re able to offer a cash advance in as little as 24 hours! Don’t hesitate, apply today!
Our organization’s Lawsuit loans, also referred to as case loans or lawsuit funding, can be utilized for any expenses that you encounter while your lawsuit is ongoing and before you receive your deserved compensation from a successful trial verdict or settlement against the defendant. Our clients frequently use the funds we distribute for necessities such as medical bills, housing costs, utility bills, or even everyday expenses like food or transportation.
Secure your funding today! Reach out to our friendly and seasoned team at (866) 388-2288 or connect with them through this convenient online form, for any queries or worries you may have about the pre-settlement funding procedure. There’s no need for a credit check or proof of income for our lawsuit settlement loans because if you lose your case, you won’t have to repay Tribeca Lawsuit Loans.
Three Steps To Your Cash Advance
Step 1: APPLY for Lawsuit funding in New Mexico now
Submit your application to us for funding. Our lawsuit loan application includes the following process:
- No credit check
- No income verification
- No asset evaluation
- No hidden fees
- No money up-front
Step 2: REVIEW
Our fast and proficient team will review your case. We support many different types of cases including personal injury, car accident, premises negligence, workers’ comp, class action and more.
Step 3: FUNDING
Tribeca Lawsuit Loans sends a contract detailing terms of funding. Cash is distributed quickly and securely.
Lawsuit Funding Laws and Regulations in New Mexico
Tribeca Lawsuit Loans Funding Range
Tribeca can provide funding ranging from $500 up to $2,000,000, based on the case’s value.
Fault Laws in New Mexico
The state follows Pure Comparative Fault rules, allowing a negligent plaintiff to recover damages, but reduced proportionately (Scott v. Rizzo, 634 P.2d 1234 (N.M. 1981)).
Statute of Limitations
A plaintiff has 3 years to file a lawsuit, according to Ch. 37, Art. 1, Sec. 37-1-8.
Minimum Insurance Limits for Bodily Injury & Property Damage
Minimum coverage includes $25,000 for bodily injury per person, $50,000 per accident, and $10,000 for property damage.
Minimum Uninsured/Underinsured Motorist Coverage
Liability coverage in New Mexico stands at 25/50/10.
Workers’ Compensation Eligibility
Workers are generally not eligible for compensation. Exceptions apply for household servants and employees covered by federal programs like the Federal Employees’ Compensation Act.
Eligibility for Lawsuit Funding
Applicants who have already applied for a loan elsewhere for the same case will not be eligible for funding from Tribeca Lawsuit Loans.
Are Lawsuit Loans Legal in New Mexico?
Yes. Lawsuit loans are legal in New Mexico. Tribeca offers lawsuit funding in this state.
There are no laws against legal funding in the state, so we can provide the financial assistance you need no matter where you live, including the largest cities like:
- Las Cruces
- Rio Rancho
- Santa Fe
Additional detail: On the subject of lawsuit loans, New Mexico regulation is vague. However, when such kinds of agreements are contested, local courts frequently invalidate them. As a result, litigation loans in New Mexico are not very common despite being allowed.
Case Types We Fund
You’re likely eligible for New Mexico lawsuit loans from our team as long as you are the plaintiff in an ongoing case. We’ve provided lawsuit cash advances to clients with claims involving:
- Car accidents
- Sexual abuse
- Premises liability
- Product liability
- Medical malpractice
- Employment or labor law violations
- Defective drugs
- Whistleblower or Qui Tam violations
For all clients, we require you to be represented by an attorney or law firm. This is because we work directly with the firm when it comes time for repayment at the conclusion of your negotiations or trial.
What Determines the Value of Your Funding?
The amount we can provide you depends on the details of your case, including how long it is expected to last and how much compensation you’re expected to receive. We are prepared to offer you an amount between $500 and $1,000,000 in pre-settlement funding after you are approved.
Apply for New Mexico Pre-Settlement Funding for FREE
Our application process for New Mexico lawsuit loans is 100% FREE and easy to submit. Just head over to the Apply Now page to get started. If you want to speak with a team member about legal funding, call our office at (866) 388-2288.
We offer lawsuit loans in the following locations:
What is the civil lawsuit process typically like in New Mexico?
The civil lawsuit process in New Mexico typically follows these steps:
- Filing of Complaint: The plaintiff (the person bringing the lawsuit) files a complaint with the appropriate court detailing their claims against the defendant (the person being sued).
- Service of Process: The defendant is served with the complaint and summons, notifying them of the lawsuit.
- Response: The defendant responds to the complaint, typically within 30 days.
- Discovery: Both sides exchange information and evidence related to the case.
- Pre-Trial Motions: Motions may be filed to resolve issues before the trial.
- Trial: If a settlement isn’t reached, the case goes to trial. Both sides present their case and the judge or jury makes a decision.
- Judgment and Appeal: The court issues a judgment based on the decision. Either side can appeal the judgment if they believe a legal error occurred.
Are lawsuit loans available in New Mexico?
Yes, lawsuit loans, also referred to as pre-settlement funding, are available in New Mexico. Companies like Tribeca Lawsuit Loans provide financial assistance to plaintiffs involved in legal cases within the state. Lawsuit loans are based on the potential settlement or judgment of the case. Plaintiffs can apply for funding by providing details about their case and legal representation. The funding company evaluates the merits of the case, the likelihood of success, and the estimated settlement amount. If approved, the plaintiff receives a non-recourse cash advance, meaning repayment is only required if they win the case. The funds can be used to cover living expenses, medical bills, legal fees, and other financial obligations during the lawsuit process. It’s important to note that regulations and requirements may vary, so it is advisable to consult with a legal professional and the chosen funding company for specific information and guidance tailored to individual circumstances.