Due to someone’s negligence or malpractice, getting hurt can lead to hefty medical bills. It can also lead to long days, weeks, months, or years without a paycheck. In the midst of your pain, you must seek legal advice and start your legal journey toward getting compensation for your pain and suffering.
But what do you do in the meantime? How do you pay for your house? How do you get your medicine? Tribeca Lawsuit Loans specifically caters to people like you who are in a financial bind. With our low-interest legal funding in Philadelphia, you can feel assured that your bills are taken care of and still see some compensation at the end of your legal journey.
How Philadelphia Lawsuit Loans Work
A legal loan goes by different names. Sometimes, it is called a lawsuit loan, pre-settlement funding, or legal funding. A lawsuit loan is akin to getting your paycheck early, as you are receiving cash in advance of your pending lawsuit settlement. Still, you may wonder exactly how a lawsuit loan works and what you can use it for.
For our lawsuit loans in Philadelphia, we talk with your attorney to better understand your situation and assess how much money you may need versus how much your compensation may be. After that conversation, we give you the money, and you repay us when your settlement is resolved.
A legal loan allows you to have access to your settlement or verdict money early. It allows you to keep paying for:
- Your house
- Your car
- Medical bills
- Your children’s education
- Mechanic bills
- A much-needed break.
Pre-settlement funding in Philadelphia allows you to breathe easy while you wait for the slow legal world to get you the desired outcome. Our team is ready to help ease your financial stress with low-interest legal funding.
How Do You Get Legal Funding in Philadelphia?
We have a quick 4-step process for your lawsuit loan:
- You apply for low-interest legal funding.
- We approve your request and send you the money you need.
- Your case resolves through a settlement or court-ordered award.
- You pay us back an agreed-upon portion of that compensation package.
We do not check credit scores, employment history, or bank accounts. We are not in the business of judging your finances. We are in the business of easing your financial burdens.
We use the merit of your case to better assess how much to give you. The merit of your case relies on the longevity of the case, the legal area, and the presumed amount of the outcome.
What Types of Cases Qualify for Philadelphia Lawsuit Loans?
There are many types of cases that qualify for a Philadelphia lawsuit loan:
- Vehicle accidents
- Premises liability
- Workers’ comp
- Medical malpractice
- Product liability
- Animal attacks and dog bites
- Birth injuries
This is just a short list of the types of cases we provide funding to. Even if you don’t see your unique personal injury case here, don’t worry. We encourage everyone who is currently going through a personal injury lawsuit to apply for funding. Our team will review every application submitted to us thoroughly.
What is the Interest Rate for a Lawsuit Loan in Philadelphia?
Our team takes a unique approach to each client because we understand that everyone’s situation is different. Whatever your situation, we create low-interest legal funding to reduce the stress you face during your litigation. We want to keep you happy, and that means low-interest rates.
What Happens If I Can’t Pay My Philadelphia Lawsuit Loan Back?
If you don’t win a settlement from your lawsuit and cannot pay back the loan we gave you, you don’t have to worry. All of the loans we provide to personal injury victims are non-recourse. In other words, you’re not liable for the money you receive. The funds you get from us are yours to keep and use as you wish.
Our primary goal is to get you the funds you need so you can get through this challenging time without putting yourself into financial ruins. The last thing we want is to become another source of economic hardship for you. We assume all of the risk when lending you the money you need, so applying for and getting a Philadelphia lawsuit loan is virtually risk-free.
Is Having an Attorney Necessary for Pre-Settlement Funding in Philadelphia?
Part of our application process requires you to provide our team with your attorney’s contact information. We take the time to talk with you and your attorney because your attorney understands your situation the most.
After talking with your attorney, our team will assess your needs and get you a loan quickly. You can choose to use that loan however you would like. When you win your settlement or court-ordered payment, the check will go to your attorney. Your attorney will then subtract the agreed-upon amount to us and the rest is yours.
Win the Settlement You Deserve
Insurance companies are notorious for trying to lowball personal injury victims on their settlements. One critical thing to remember is that insurance companies are businesses. Their ultimate goal is to protect their own bottom line. The main way they do this is by dragging out the legal proceedings of your lawsuit.
Dragging out your lawsuit and delaying settlement negotiations only serves to put you into a deeper financial hole. While you wait injured, your bills and financial obligations will continue to mount until you have no choice but to settle on their terms. This will often net you compensation far below the actual worth of your damages.
With our Philadelphia lawsuit loans, you can afford to hold out for a better settlement. You can cover all of your bills and expenses without stress so you can focus on what matters the most, your recovery and winning a fair settlement from the insurance company.
Call Tribeca Lawsuit Loans for More Information About Legal Funding
Fill out our Apply Now form or call us at (866) 388-2288 to speak with our professional staff about how low-interest legal funding can help you today. We look forward to helping you get your day in court.