If you live in Cary and now find yourself involved in a lawsuit, a lawsuit loan provided by Tribeca could help you financially during this trying time. Apply today for free, and contact us with any questions you may have. You could have the funding in your account, upon approval, in as little as 24 hours.
Do You Have to Pay Back Cary Pre-Settlement Funding?
Pre-settlement funding in Cary is non-recourse, which means they do not have to be paid back if you lose your case. Unlike traditional loans, lawsuit loans are more like a purchase from our investors, who buy part of the proceeds you are expected to receive from your case settlement.
Legal funding in Cary is money you get now to pay all of those bills and medical expenses that you have been laden with because of your injuries and to buy you and your attorney more time to strategize ways to win your case.
What If I Have Bad Credit?
Your credit score, regardless of where it falls, is never considered as part of the lawsuit loan approval process. Also, because it is funded in this non-recourse format, qualifying for a lawsuit loan does not affect your credit score.
This is yet another reason why non-course lawsuit loans are a safe, stable, and risk-free way to pay for the bills piling up and injuries or damages you are suffering from after an accident and before you receive the compensation you deserve.
Which Lawsuits Are Eligible for a Lawsuit Loan?
Our Cary legal funding team members have helped thousands of clients secure lawsuit loans. These clients are plaintiffs involved in a wide variety of lawsuit cases and claims, including:
- Personal injury
- Car accidents
- Employment and labor law disputes
- Slip and fall accidents
- Medical device malfunctions
- Medical malpractice
- Sexual abuse
To be eligible, we also require you to be represented by an attorney. This is a win-win for you and Tribeca: our investors are financially protected, you are legally protected, and you earn a lot more compensation from your case than if you chose to represent yourself. We highly advise against that.
How Much Money Can We Provide for Your Case in Cary?
The amount we provide in your lawsuit loan depends on a few factors that we will consider when we review your case with you and your attorney during the approval process. Some questions we will ask include:
- What is the extent of your damages or injuries?
- How long is your case expected to last before the settlement? (This could depend on whether your attorney thinks the case will need to go to court.)
- What dollar amount is your settlement estimated to be?
- What do you feel the strength of evidence of your claim is? (Again, this is a question we’ll ask your attorney, who is experienced in these specific types of cases.)
Once this information is passed along to our team at Tribeca, we will write up a contract with the proposed loan amount – anywhere from $500 up to $1 million.
How Long Does It Take to Get Paid After a Settlement?
While a majority of lawsuits do settle out of court before the case reaches trial (nearly 95 percent), unfortunately, there is no law that requires the defendant to pay the plaintiff a settlement within a certain amount of time.
This is why we thoroughly review the details and factors of your case, which we discussed above, to make sure you are fully financially covered during your pending payout. The timeline of settlement is uncertain, but you can count on us to be there every step of the way.
How to Apply for a Cary Lawsuit Loan
If you have filed for a lawsuit, you have hired an attorney experienced in personal injury lawsuits, and you are ready for financial relief before your case settles, you can easily apply for a lawsuit loan in Cary. We will approve you quickly – within 24 hours – and wire the money directly to you.
This will open the door to greater opportunities in the future for you and your family as you recover – and for a weight to be lifted from your shoulders for a better quality of life.