Starting your legal journey is no easy feat, but it can also be difficult to keep the process going. You may have legal bills, mounting daily expenses, and additional financial burdens from the action that led to your case.
Lawsuit loans in Charlotte help people every day find the money to maintain their lifestyle and keep the legal battle going. At Tribeca Lawsuit Loans, we have a sophisticated yet straightforward application process with a 94% acceptance rate and we have given over $45 million in loans to over 1,600 clients. We are ready to serve you when you call (866) 388-2288.
Why Do I Need a Legal Loan for my Lawsuit?
Like any other loan, people have reasons for needing one. Typically, people entering a personal injury lawsuit have medical issues that need immediate attention. They cannot wait for a settlement or court-ordered compensation. They need money for surgeries or medication.
Some are dealing with contract issues like a breach of contract to fix a roof or other high-cost maintenance issues. They need the money to fix the issue, and it cannot wait until the lawsuit is resolved.
Regardless of your need, we are here to provide the financial assistance you need as a better option than a personal loan or taking out a credit card.
What Type of Loan Is Tribeca’s Pre-Settlement Funding?
We aim to make things as easy as possible for our clients, so the pre-settlement funding we provide in Charlotte is non-recourse. A non-recourse loan means that a creditor cannot go after your personal assets.
How Does My Credit History Affect My Ability to Get Legal Funding?
Because our legal funding is issued depending on the estimated amount of your compensation, we will only seek your settlement or court-ordered payment to repay the loans. The repayment of the pre-settlement funding is solely dependent on the outcome of your lawsuit.
Therefore, we do not ask for your credit score or financial history.
When Do I Get Access to my Lawsuit Loan?
After the application process, we will talk with your legal team to better understand your legal needs and situation. After we create a contract detailing the loan, you will have the money in your account in as little as 24 hours.
Is There a Limit to How I Can Spend My Legal Funding in Charlotte?
This money is yours to spend however you need. Here are some common ways our clients spend their loans:
- Pay for medical bills
- Replace wages lost due to injury
- Pay car payments
- Keep mortgage payments up to date
- Pay insurance for house or car
- Pay off credit cards
- Purchase medical equipment for your home or car
- Purchase medication or other medical treatment
- Fund daily life such as buying food, gas, or entertainment
What Interest Rate Is the Legal Loan?
It is common for loans to come with interest. Other predatory companies will enforce interest rates as high as 60%. We do not believe in enforcing such high rates. We believe in low manageable interest rates that reflect the reality of your situation.
How Do I Payback the Lawsuit Loan?
Paying back the lawsuit loan is as easy as receiving the loan. When your lawsuit is resolved, a check will come to your attorney, who is in charge of distributing the money. First, they will take whatever money is owed to them, then they will take the agreed-upon amount out for the legal loan.
The rest belongs to you.
Apply for Your Pre-Settlement Funding in Charlotte today!
If you are interested in this option for your financial needs, contact us to learn more about how we can help you. You can apply easily online or call us at (866) 388-2288 to speak with our professional staff about how litigation funding can help you today.