If you are the plaintiff in a lawsuit and facing mounting financial stress, a Durham lawsuit loan can provide relief. Legal funding is often called a “lawsuit loan,” but it acts more like a cash advance on your future compensation. Early access to this money can enable you to pay your bills and escape the economic vise while affording your attorney the time necessary to negotiate your settlement.
Tribeca Lawsuit Loans provides legal funding in Durham, NC. Our dedicated legal financing specialists want to help you get the justice your case deserves by furnishing the money you need to continue your fight. This funding is risk-free for you and can actually help you to get a better settlement. Simply complete our short online form, or give us a call. We’ll be happy to provide more information.
How Does a Durham Settlement Loan Work?
A Durham settlement loan is very different from the conventional loans you are familiar with. There is no credit check involved, and we won’t be verifying your income. Further, you won’t face multiple monthly payments, and there is no risk of defaulting on the loan.
What makes legal funding so different is that the loan is structured as a non-recourse loan. A non-recourse loan can be repaid solely from the loan’s collateral — there is no other permissible source of repayment. And, in the case of a lawsuit loan, the future compensation serves as the loan collateral. When you accept legal funding in Durham, your future settlement is the source for repaying your loan — however long it takes for the settlement to be finalized. So there will be no monthly payments, and there is no need to invade your financial privacy. We will never see a dime of your money. In fact, if you should lose your case, you don’t have to pay us back!
How Can a Durham Lawsuit Loan Get You a Better Settlement?
Have you ever wondered why lawsuits like yours drag on for months and even years? Although the court system is slow, the primary cause of the extreme delays is the insurance company involved in your case and the defense attorney. They work to shield their clients from the repercussions of having harmed others. They know all too well that most of us are living paycheck to paycheck and cannot afford a long, protracted negotiation. So, they use your financial distress against you, intending to force you to accept a settlement offer for a small fraction of your case’s true worth.
This cynical tactic works. Many plaintiffs sign away their rights to full compensation just to stop the financial pain. But a Durham lawsuit loan gives you early access to the money the defense wishes to deny you. With that money, you can make your rent or mortgage payments, pay your outstanding bills, and support yourself and your family while the case continues. Moreover, the financial relief means you can give your attorney the time they need to get you the full settlement to which your case entitles you.
Are You Eligible for a Durham Lawsuit Loan?
Because there is no credit check or income verification required, qualifying for a Durham Lawsuit Loan is straightforward. If you meet the following requirements, then you are eligible:
- Are you the plaintiff in an active lawsuit or prepared to file one?
- Are you at least 18 years of age?
- Do you reside in North Carolina?
- Are you represented by a contingency-based attorney?
If you answered ‘Yes’ to each of the questions above, you are eligible for legal funding in Durham, NC.
We offer litigation financing throughout North Carolina and most states in America. We are prepared to provide the funding you need to get the justice you deserve.
How Can Settlement Funding in Durham Be Used?
When you win and receive compensation for your damages, you will be free to use that money in any way you see fit. And, you won’t have to pay taxes on it. Because a Durham lawsuit loan gives you early access to your compensation, you can use it as needed. You are welcome to use legal funding to pay for:
- Mortgage or rent payments
- Medical bills
- Physical therapy
- Car payments
- Utilities and other payments
Legal funding gives you access to your future settlement to use as you choose.
Durham Lawsuit Loans for What Types of Lawsuits
At Tribeca, we provide Durham lawsuit loans for a wide array of case types, including:
- Personal injury
- Medical malpractice
- Wrongful death
- Civil rights cases
- Wrongful imprisonment
- Police brutality
- Product liability
- Mass torts
- Commercial litigation
And many more! We continue to fund more and more cases as time goes on. Please contact us if you don’t see your type of case listed. We will be happy to speak with you and can likely fund your kind of case.
How to Apply for a Pre-Settlement Loan in Durham?
We have streamlined our application process. It is now quick and easy to access the money you need to see your court case through to a just conclusion. Qualifying for a loan is a simple three-step process:
- You Apply: Visit our Apply Now page to provide some basic information. We will need your name and contact information, the same for your attorney, the state you reside in, and the amount of money you would like to receive.
- We Evaluate: Our team of underwriters will contact your attorney to learn the details of your case. They’ll explore information about your damages and the current state of your lawsuit to determine whether we can provide financing.
- You Get Your Money: Once we finish the fact-finding and get the loan documents signed, we will deposit your money into your bank account. We can typically make that deposit within 48 hours after finalizing your loan documents.
We can usually get you from $500-$2 million. You can speed the process along by contacting your attorney immediately following your application. Notify them that you have applied for a Durham lawsuit loan from Tribeca. Then, authorize them to communicate with us so we can get your money to you sooner!
Find Relief with a Durham Settlement Loan Today!
Don’t succumb to the defense’s financial pressure to stop the economic pain. With legal funding from Tribeca Lawsuit Loans, you can get financial relief and see your suit through to the conclusion your case warrants. Apply Now, online, or give us a call at (866) 388-2288. We will be happy to answer your questions. And we would be honored to aid you in your pursuit of justice.