Columbus lawsuit loans can help you fight for the maximum value of your settlement instead of settling for less like the defense wants. The best part is these aren’t like traditional loans that can carry no risks for the borrower, allowing you to get some relief during your legal fight.
Instead of waiting for months, or possibly even years to receive the money from your settlement, you can get it now with Columbus lawsuit funding. Find out if this is the right option for you and how to qualify.
How Do Columbus Settlement Loans Work?
Columbus settlement loans work on a simple principle: your settlement is waiting, so why not get it now? With lawsuit funding, you can actually borrow against your expected future settlement. This can give you access to the cash you need now to fight for the maximum award instead of falling to the defense’s pressure tactics and settling for less.
Many plaintiffs with strong cases find that they have to accept a lower award simply because they can’t afford to fight for everything they deserve. Medical bills, mortgage and rent payments, and general living expenses can quickly pile up and put pressure on plaintiffs to accept a lesser payout. Defendants often drag out negotiations with this goal in mind, especially if they’re guilty.
With a lawsuit loan in Columbus, you can avoid these pressure tactics altogether. You’ll be able to borrow cash from your settlement to pay expenses that you face now, which can keep you in the fight for your full settlement. What’s more, given the nonrecourse nature of lawsuit loans, there’s no risk to your own finances from them.
What Kinds of Cases Qualify for Columbus Pre-Settlement Funding?
If you’ve filed a lawsuit and are litigating against an insured party, then it’s likely that you qualify for Columbus lawsuit loans. Here are some of the most common cases that we handle in our office:
- Car accidents
- Personal injury
- Premises liability
- Medical malpractice
- Defective devices
- Jones Act cases
- Nursing home abuse
- Wrongful death
If your case isn’t listed here, it’s likely that we still cover it. Contact our office to find out how we can assist you and if your case is covered.
Who Can Get a Columbus Lawsuit Loan?
In order to qualify for a Columbus lawsuit loan, you’ll need to meet the following criteria:
- You have an ongoing lawsuit against an insured party.
- You’ve retained a contingency-based lawyer.
- Your lawyer approves of third-party legal funding in Columbus.
It’s easy to meet the basic criteria to qualify for a Columbus settlement loan. In fact, if you’ve filed a lawsuit, it’s likely that you already pre-qualify for legal funding. A reputable legal funding company will be able to qualify you in a matter of hours provided you meet these conditions.
How Do Columbus Lawsuit Loans Compare to Other Types of Financing?
Columbus lawsuit loans are generally easier and less expensive to obtain than other types of financing so long as you meet the basic criteria to obtain one. This is because lawsuit loans are nonrecourse and the only factor that impacts the amount you can receive is your case itself. The more likely it is that you can win your case, the more legal funding you can receive.
When it comes to repaying your lawsuit loan, your personal assets are not at risk. The only source of repayment for your Columbus legal funding is your settlement. This means that if you lose your case you get to keep the money you already received and you will never owe more than your settlement is worth.
This is a major difference from credit cards, personal loans, or second mortgages, which usually require extensive employment and credit checks. You also need to repay them regardless of the outcome of your case, unlike lawsuit loans, which don’t need to be repaid if you lose your settlement fight.
Apply for Pre-Settlement Funding in Columbus Today
A lawsuit loan in Columbus can give you a lifeline for your case that can allow you to negotiate the full value of your settlement or fight for it in court. At Tribeca Lawsuit Loans, we can offer you legal funding at attractive, low interest rates. Apply today and you could be approved for up to $1 million in settlement loans within 48 hours.
We know how challenging it can be to fight for your settlement on your own. There are countless challenges that you can face and mounting expenses can make justice seem like it’s only growing more out of reach. We can be your partner to help you finance your fight and get the settlement and justice that you deserve.