At Tribeca Lawsuit Loans, we provide rapid pre-settlement funding in the state of South Carolina at competitive interest rates tailored to the needs of those presently involved in personal injury lawsuits.
Do you need to borrow funds from your lawsuit? We can advance you anywhere from $500 to $2,000,000 in cash, based on the value of your injury lawsuit case. We are a highly-rated and reviewed entity by previous clients and have a significant presence throughout South Carolina. We can arrange a cash advance for you within a short period of just 24 hours! Apply Now!
Our company’s Lawsuit loans (also referred to as case loans or lawsuit funding) can be utilized for any expenses that crop up while your lawsuit (the plaintiff’s lawsuit) is pending and prior to you receiving your rightful compensation from a successful trial verdict or settlement against the defendant. Numerous clients use the funds we disburse for them for things like medical bills, rent or mortgage payments, utility bills, or even daily costs such as food or transportation.
Secure your funding today! Reach out to our amicable and experienced team at (866) 388-2288 or contact them using this swift online form, with any questions or concerns you may have about the pre-settlement funding process. We don’t require a credit check or proof of income for our lawsuit settlement loans because you’re not required to repay Tribeca Lawsuit Loans if your case is unsuccessful.
Three Steps To Your Cash Advance
Step 1: APPLY for Lawsuit funding in South Carolina 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.
Laws and Regulations of Lawsuit Funding in South Carolina
South Carolina is known for its strict regulations on lawsuit funding, resulting in only a few legal lending companies, including Tribeca Lawsuit Loans, operating in the state.
Minimum Funding Requirement and Legal Participation
In South Carolina, due to stringent regulation, lawsuit loan companies have a minimum funding requirement between $500 to $2,000,000. Interestingly, the South Carolina Bar has issued an advisory opinion, confirming that attorneys can participate in these transactions.
Lawsuit Loan Regulations
In the context of regulation, South Carolina treats pre-settlement funding similar to traditional loans. As per South Carolina law §34-31-20, loans under $90,000 are subject to an 8.75% annual rate cap. Therefore, no reputable lawsuit loan companies, including Tribeca Lawsuit Loans, offer funding less than $90,000 in South Carolina.
How Can South Carolina Settlement Loans Strengthen Your Case?
While the wheels of justice grind slowly, insurance companies and defense attorneys work to slow the process further. This is a deliberate ploy, an attempt to leverage your financial pain against you, hoping it forces you to accept a smaller settlement now, just to make ends meet. Like South Carolina lawsuit loans, legal lending, level the playing field. The loan gives you access to your future settlement to meet your current needs.
Having a South Carolina lawsuit loan in your bank account can help you ease the pressure to settle for less than you deserve. With your finances in order, your attorney can take as long as they need to reach a settlement arrangement that works for your needs.
Because Tribeca is invested in the successful outcome of your case, we may provide your attorney with case funding. This funding covers expert witnesses, forensic testing, and other litigation expenses to strengthen your case. In this way, a South Carolina lawsuit loan can improve your chances of winning as well as getting a bigger settlement.
South Carolina Lawsuit Loan Eligibility
If you are party to an existing lawsuit anywhere in the Palmetto State, you likely qualify for a South Carolina lawsuit loan. In addition to South Carolina accident loans and personal injury loans, we have provided legal funding in cases like:
- Medical malpractice
- Sexual abuse
- Wrongful death
- Civil rights abuse
- Labor law
- Nursing home negligence
- Defective medical devices
- Commercial litigation
And so much more! Additionally, we require every client we fund to be represented by an attorney or law firm. Studies have shown that representations by legal counsel dramatically improve your chances both of winning your case and getting a larger compensation.
How Much Can You Get From a South Carolina Lawsuit Loan?
We provide anywhere from $500 to $1 million in legal funding to clients in a range of states across the nation. The amount is directly related to the details of your lawsuit since repayment comes out of your future compensation and not out of your bank account.
How much SC legal funding you get depends on items like:
- The extent of your damages
- How long your lawsuit is expected to last
- Issues related to South Carolina’s comparative negligence law
- The total of your expected compensation package
The Advantages of Settlement Loans in South Carolina
The reason people like you seek lawsuit loans in South Carolina is that this type of funding is a risk-free way of getting the money you need to cover your costs while seeking justice. You can use legal funding to pay for current expenses using your future settlement. Worried about taking on debt at a time like this? A South Carolina lawsuit loan poses no risk to your finances!
Pre-settlement funding is risk-free to recipients because of the way the debt is categorized. As non-recourse debt, you are not held personally liable for repayment of settlement loans. Your future settlement is the collateral for the loan, and the legal lender has no recourse to any other source of funds to repay the loan. Instead of your finances, repayment of your South Carolina lawsuit loan always and only comes directly out of your compensation package.
- You do not pay us back if you lose your claim.
- We do not seize any collateral apart from the agreed-upon portion of your compensation.
- You are not locked into any monthly payment plans.
- Your personal finances are never touched as a source of repayment.
Because we will never see a penny of your personal finances, we don’t even ask about them in the South Carolina lawsuit loan application. We ask for:
- NO income verification
- NO assets evaluation
- NO credit check
- NO employment verification
Your private financial information stays private! Also, we work directly with your attorney for repayment when your case concludes. This way, you don’t have to worry about the hassle of repaying us. Instead, your attorney simply writes our team a check out of the settlement check they receive from the opposing party in your lawsuit. That’s the entirety of the repayment process!
Do South Carolina Lawsuit Loans Charge Interest?
We do charge interest for legal lending. Unlike many of our competitors, we charge a simple, non-compounding interest rate. We cannot tell you what the rate will be until we review the facts of your case, but we will disclose the interest rate and all other conditions in a clearly worded contract before finalizing your loan.
Our South Carolina lawsuit loan application is quick, straightforward, and completely FREE—that means no hidden fees and zero obligations. Just tell us about your case, how much compensation you expect to receive, and your attorney’s contact information. Once we have all the necessary documents signed, we can have your money deposited into your account within 24 hours.
Get South Carolina Lawsuit Loans From Tribeca
If you have an existing lawsuit and believe that you may qualify for a lawsuit loan in South Carolina, consider Tribeca Lawsuit Loans.
We offer pre-settlement funding throughout South Carolina and have given South Carolina lawsuit loans in the following locations:
Our lawsuit funding rate is by far the highest in the industry. Our underwriters will examine your application and get back to you as soon as possible. In some cases, we can provide clients with money in their bank account in as little as 24 hours after approval!
Let Tribeca Lawsuit Loans help you continue your fight for just compensation! Apply online today or call to speak with one of our legal funding specialists.
FAQs
What is the civil lawsuit process typically like in South Carolina?
The civil lawsuit process in South Carolina begins with the plaintiff filing a complaint against the defendant. The defendant then has 30 days to respond with an answer or motion. Pre-trial discovery ensues, followed by possible settlement negotiations or trial. The process can take months or even years, depending on the case’s complexity.
What are the specific regulations around lawsuit loans in South Carolina?
In South Carolina, lawsuit loans are treated as traditional loans. The laws cap the annual interest rate at 8.75% for loans less than $90,000. Due to stringent regulations, reputable funding companies, including Tribeca Lawsuit Loans, generally offer lawsuit loans starting from $90,000 to $110,000.