At Tribeca Lawsuit Loans, we provide fast pre-settlement finance solutions in the state of Pennsylvania at competitive interest rates, designed to accommodate those currently embroiled in personal injury lawsuits.
Do you need to leverage your lawsuit for cash? We can advance you anywhere from $500 to a whopping $2,000,000 in cash, contingent on the merit of your injury lawsuit case. We are proud of our high ratings and positive reviews from former customers, and our expansive footprint across Pennsylvania. We can expedite a cash advance to you in as short as 24 hours! Apply Now!
Our organization’s Lawsuit loans (also known as case loans or lawsuit funding) can cover any expenditure that may surface while your lawsuit is ongoing and before you obtain your lawful compensation from a successful trial verdict or settlement against the defendant. Numerous clients allocate the funds we disburse to them for necessities like medical bills, rent or mortgage payments, utility bills, or even daily expenses such as food and transportation.
Secure your funding today! Connect with our amiable and seasoned team at (866) 388-2288 or reach out to them using this easy-to-fill online form, for any questions or doubts you have about the pre-settlement funding procedure. There’s no need for a credit check or income proof for our lawsuit settlement loans because you’re not required to pay back Tribeca Lawsuit Loans if your case is unsuccessful.
Three Steps To Your Cash Advance
Step 1: APPLY for Lawsuit funding in Pennsylvania now
Submit your application to us for funding. Our lawsuit loan application includes the following process:
- No credit check
- No income verification
- No asset evaluation
- No hidden fees
- No money up-front
Step 2: REVIEW
Our fast and proficient team will review your case. We support many different types of cases including personal injury, car accident, premises negligence, workers’ comp, class action and more.
Step 3: FUNDING
Tribeca Lawsuit Loans sends a contract detailing terms of funding. Cash is distributed quickly and securely.
Pennsylvania Lawsuit Funding Laws and Regulations
Key Legal Information
– In Pennsylvania, Tribeca Lawsuit Loans average case funding varies but can go up to $2,000,000 depending on your lawsuit.
– Fault Laws: Modified Comparative Fault – 51% Bar. A plaintiff’s recovery can be diminished by their negligence, unless they were more negligent than the defendants. (42 P.S. § 7102)
– Statute of Limitations: 2 years (42 PA Con. Stat. Section 5524)
– Minimum policy limits for bodily injury & property damage: $15,000/person, $30,000/accident bodily injury liability, $5,000 property damage liability, and $5,000 in medical benefits
– Minimum UIM auto insurance limits: Liability: 15/30/5. First party benefits (PIP): $5,000
– Workers compensation: Not Eligible
Attorney-Client Privilege and Confidentiality
Pennsylvania attorneys must notify personal injury plaintiffs about potential loss of attorney-client privilege because some confidential information might need to be shared with third-party lenders. The Philadelphia Bar Association’s Professional Guidance Committee recommends limiting these disclosures to discoverable information not infringing on the privilege.
Pennsylvania courts have previously invalidated litigation financing agreements due to champerty. Champerty occurs when a third-party with no initial interest in a lawsuit supports a plaintiff in exchange for a portion of the proceeds. However, this is less likely to be a problem with reputable and experienced partners.
What is a Pennsylvania Settlement Loan?
Legal funding goes by many names like pre-settlement funding, legal lending, and more. Nevertheless, many terms refer to the same essential idea — seeking justice in the civil courts is a costly, time-consuming proposition beyond most Americans’ financial means. Lawsuit loans that give plaintiffs early access to their future settlements are designed to level the playing field and make the system more fair.
If the negligent actions of another have damaged you, you deserve financial compensation. The greater the harm done to you, the more money you should receive. However, the lawsuit can take years to resolve and fund your settlement. So what are you to do in the meantime, especially if you have been injured and your employment has been impacted? A lawsuit loan near you can be used to pay your bills and relieve the financial stress that makes you vulnerable to accepting a lowball offer that’s a mere fraction of your case’s value.
But is it a good idea to take on more debt if you are struggling financially? When it is a Pennsylvania settlement loan, then yes! Lawsuit loans are risk-free and do not threaten your personal finances because they are structured as non-recourse loans. A non-recourse loan can only be repaid from the loan’s collateral — in this case, your future compensation. This means that we can never touch your income or assets and that your credit history has no bearing on getting a lawsuit loan near you.
And, because a Pennsylvania lawsuit settlement loan can only be paid back from your settlement, you don’t have to pay us back if you lose your case!
Pennsylvania Lawsuit Loan Eligibility
As long as you are in the midst of litigation as a plaintiff seeking compensation, you likely are eligible for settlement funding. Our Pennsylvania lawsuit loans have helped clients in a range of situations, including personal injury claims, employment or labor law disputes, and even claims related to the Whistleblower Act.
One additional requirement is that you must be represented by an attorney or law firm. Not only does this protect our investors from risk, but it is beneficial to you as well. Studies show that clients who have experienced legal representation on their side fare much better than those who try to navigate their lawsuits on their own.
What Cases Are Covered by Pennsylvania Lawsuit Loans?
You can use your Pennsylvania lawsuit loan for any type of personal injury case. Here are a few more of the most common types of cases we provide funding for:
- Medical malpractice lawsuit loans
- Car accident loans
- Wrongful death lawsuit loans
- Slip and falls
- Commercial litigation
- Many more
The list of cases we fund continues to grow. Remember, lawsuit loans in Pennsylvania are highly adaptable to most types of cases. If you don’t see your lawsuit type listed, don’t hesitate to contact us to see if we can help you.
How Much Can I Receive in a Pennsylvania Lawsuit Loan?
When our team receives your application for a lawsuit loan near you, we will contact your attorney to learn about your case. We evaluate the strength of your case and estimate how much money we can provide you. Details that can affect the amount you receive include:
- Your lawsuit’s expected duration
- The total value of your damages
- Your expected compensation amount
- Details about your claim, such as your share of fault
Lawsuit loans don’t work like traditional loans. We don’t consider your personal finances or credit history. All we care about are the details above. Based on our evaluation of your case, we can provide you with $500 to $2 million in a lawsuit loan near you.
How Can I Use My Pennsylvania Lawsuit Loan?
You can utilize a Pennsylvania lawsuit loan near you in many ways:
- Pay for your medical treatment
- Cover living expenses such as groceries, bills, and mortgage or rent payments
- Get repairs or replacements for any property damages
- Replacing your lost wages
Essentially, you can use a lawsuit loan to continue living without financial strain pressuring you. One of the ways insurance companies get personal injury victims to settle for less is by stalling out the legal proceedings. In doing so, they make it harder for you to get by while injured, thus forcing you to accept a settlement on their terms.
Don’t let this happen to you; never settle for anything less than what you truly deserve! Our Pennsylvania personal injury lawsuit loans are more than capable of providing you the cushion you need to stay in the fight and keep pressing for fair compensation.
Are Settlement Loans Legal in Pennsylvania?
Pennsylvania lawsuit loans are completely legal. We can help any resident across the Keystone State and have funded plaintiffs in various cities, including:
If your case is being litigated out of state, you may still qualify for a Pennsylvania lawsuit loan. We cover clients across the United States and can provide you with the legal funding you need to win your fight for justice.
How to Apply for a Lawsuit Loan Near Me?
We know that most of our clients are in desperate financial straits when they apply for legal funding. Consequently, we have streamlined our application into three simple steps:
- You Apply: Please visit our application page to provide some basics (e.g., your contact information, attorney’s contact information, the type of lawsuit you have, and the funding amount you need).
- We Evaluate: Our underwriters contact your attorney to review the facts of your case to determine how much money we can offer you.
- You Get Your Money: We work hard to get your money to you fast — often within just 24 hours of getting all the loan documents signed.
You can help to speed up this process. Please contact your attorney to notify them you are applying for a lawsuit loan near you with Tribeca Lawsuit Loans. Authorizing them to communicate with us early on will help us process your loan faster.
What Happens If I Lose My Case?
If you lose your case, the money you received from your Pennsylvania lawsuit loan doesn’t have to get paid back. Remember, our lawsuit loans are non-recourse, so your settlement is the only source of money for paying back the loan. Since you’re not personally liable for any non-recourse debt, getting a lawsuit loan is a great risk-free way of getting money fast while waiting on your settlement.
Applying for a Pennsylvania Lawsuit Loan is FREE!
Applying for a lawsuit loan near you is totally free. Fill out the form on our Apply Now page to get started. In many cases, you can have the money you need in your account in as little as 24 hours after we approve your request and all documents are signed. Call us today at (866) 388-2288 if you have any questions.
What is the civil lawsuit process typically like in Pennsylvania?
In Pennsylvania, the civil lawsuit process typically begins with the plaintiff filing a complaint with the court, detailing the wrongdoing of the defendant. The defendant is then served and must respond within a specified period. Following this, both sides engage in discovery to collect evidence. Depending on the case, there may be motions to dismiss or summary judgment requests. If no agreement is reached during settlement talks, the case proceeds to trial where a judge or jury decides the outcome.
How does a lawsuit loan work in Pennsylvania?
In Pennsylvania, a lawsuit loan, also known as pre-settlement funding, is a non-recourse cash advance given to a plaintiff involved in an ongoing case. The amount is determined based on the strength of the case and potential settlement amount. If the plaintiff wins their case, they repay the loan along with interest and fees from their settlement. If they lose, they owe nothing to the lender. However, due to legal considerations, plaintiffs are advised to share only discoverable information with lenders.