Lawsuit loans are available to Las Cruces residents. Las Cruces legal funding can be used to cover the cost of rent, utilities, and other expenses as a case moves forward.
There is no shortage of litigating financing providers in New Mexico. But, Tribeca stands out from the pack.
We simplify Las Cruces lawsuit loans. To do so, we offer insights into these loans, how they work, and their pros and cons. In doing so, we ensure plaintiffs can make an informed decision about whether to pursue pre-settlement funding in Las Cruces.
What Makes a Lawsuit Loan Different from Other Types of Loans?
A lawsuit loan is considered a cash advance. We provide a lawsuit loan to a plaintiff based on how much he or she expects to receive in compensation from their case. Also, the overall strength of the case and estimated timeline are evaluated to determine a plaintiff’s eligibility for Las Cruces pre-settlement funding.
In addition, we require a plaintiff to work with a lawyer. This is beneficial for several reasons. First, it allows the plaintiff to receive comprehensive legal support as he or she tries to win their case and maximize their compensation amount. At the same time, it enables us to communicate and collaborate with the plaintiff’s attorney, who can provide the most up-to-date case information.
Meanwhile, we offer lawsuit loans in Las Cruces that have fewer eligibility requirements than traditional options. For instance, an individual is usually required to provide information about their credit history and personal finances to obtain a standard loan from a bank or credit union. Comparatively, we do not require this information as part of our loan application process.
How Do I Submit an Application for a Lawsuit Loan?
To submit a lawsuit loan application, here is what you need to do:
- Access our application online. You can access our application 24/7 via our website.
- Fill out your application. You can complete your application at your convenience. It typically takes only a few minutes to finalize a submission.
- Get your funding. You can get approved for pre-settlement financing within 24 hours. From here, we send you a contract to sign, and you can receive your legal funding in Las Cruces.
Our litigation financing specialists can offer assistance as you complete our online application as well. Let us know if you have concerns or questions along the way, and we are here to help you in any way we can.
What Is the Maximum Amount I Can Get from a Lawsuit Loan?
We offer litigation financing up to $1 million. Plus, our lawsuit loans are available for a wide range of cases, such as:
- Automobile accident
- Mass tort
- Personal injury
- Product liability
- Slip and fall
Tell us about your case and how much financing you want to receive. Then, we can do our part to provide you with funding to cover your expenses until your case is finished.
Is It Expensive to Apply for a Lawsuit Loan?
Our lawsuit loans are intended for plaintiffs of all financial levels. There are no costs to submit an application for litigation financing. There are no financial obligations associated with submitting a lawsuit loan application, either.
You can apply for pre-settlement funding whenever you choose. Regardless of whether you move forward with a lawsuit loan, you are not required to pay anything during the application process.
Furthermore, there are no fees associated with pre-settlement funding. In fact, you only need to pay your loan after you win your case.
If I Lose My Case, Do I Still Need to Repay My Lawsuit Loan?
In the event that you lose your case, there is no need to worry. Our Las Cruces lawsuit loans are non-recourse, which means you do not need to repay them if you lose your case.
After I Win My Case, How Do I Repay My Lawsuit Loan?
We make it easy to repay your lawsuit loan after you win your case. Here is what you need to do:
- Receive your compensation. Wait for the compensation from your case to arrive. Generally, you should receive a check in the mail for your compensation amount from the at-fault party.
- Pay off your legal fees. Your attorney can remove their legal fees from your compensation amount.
- Cover your loan amount. Your lawyer can send us a payment for your loan amount.
As soon as we receive your loan payment, you are all set. At this point, you can take solace in the fact that you are paid in full and your case has been closed.
Take Advantage of Our Litigation Financing
Our legal funding specialists can offer additional insights into Las Cruces pre-settlement funding. For more information, please call us today or fill out your application online.