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. To help you fund your legal expenses, a Charlotte lawsuit loan can help ease your mind and get you through the legal process in North Carolina.
Every day, lawsuit loans in Charlotte, NC, help people get 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. In addition, we have given over $45 million in loans to over 1,600 clients. When you need help, we’re ready to offer support and serve you with the funds you need to win your case. Tribeca Lawsuit Loans is your trusted source for lawsuit loans in Charlotte, NC, helping you get accepted, hire a lawyer, and get through your legal battle.
Charlotte Lawsuit Loan Eligibility
Finding out if you’re eligible for pre-settlement funding is as easy as filling out our online information and providing the following details on you and your case:
- Personal information
- Information on your legal representation (i.e., your attorney)
- The facts and details surrounding your case (as well as the case type)
- How much money you currently need
This is the core information we require for your application. After you submit your information, we will review your case and determine your eligibility for legal funding in Charlotte, NC. After a 24- to 48-hour period, you will receive notification of approval if you qualify. We understand that financial obligations are very time-sensitive, which is why we make sure to get you an answer as fast as possible.
If you have any questions about cases we fund, please reach out to our loan experts.
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. Our aim is to make our loans as stress-free as possible, allowing you to concentrate on the needs of your lawsuit.
How Does My Credit History Affect My Ability to Get Legal Funding in Charlotte?
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 your pre-settlement funding in Charlotte 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 Charlotte 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, NC?
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
There aren’t any expenses that are off-limits for spending your settlement funding in Charlotte. After all, your whole life is wrapped up in this lawsuit, and we want to make sure you’re comfortable and well-equipped for your legal proceedings. Come find out why we’ve made Charlotte lawsuit loans easy and stress-free.
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, so we offer low, manageable interest rates that reflect the reality of your situation. There are many factors that influence your lawsuit loan rate. Notably, the loan rate is not affected by your personal finances or credit score. Instead, we calculate our interest rates for pre-settlement legal funding on factors pertaining to your lawsuit, such as:
- Overall strength of case
- Expected compensation (i.e., total damages paid)
- Estimated length of case
If you have any questions about what rates we can offer you, please reach out to our loan experts for an estimate. For more information on how we calculate interest rates for our Charlotte lawsuit loans, visit our detailed interest rate page. Our goal is to get you the best rate possible, assisting you in taking home more money from your legal case.
How Do I Pay Back the Lawsuit Loan?
Paying back the lawsuit loan is as easy as receiving the loan. When your lawsuit is resolved in the case of a victory for you, 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.
If you lose your case, you do not owe us anything back. You are not personally responsible for the funds we’ve loaned to you for your legal case. Our repayment process only applies when you win your lawsuit. And as we said before, your attorney will handle the distribution of funds afterward, making the experience as stress-free for you as possible. We assure you, legal funding in Charlotte, NC, has never been easier.
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. There is no cost to apply for settlement funding in Charlotte, and in as little as 24 hours, you can acquire up to $1 million to fund your lawsuit.