Lawsuit lending is a way for plaintiffs to get a portion of their future compensation in the present. While you can use it to pay for legal fees, medical expenses, and property repair, it is also convenient for everyday costs like fuel, food, and your rent or mortgage.
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.
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 Pre-Settlement Funding 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 medical bills, rent and utilities, food, lost income, and more. This way, the opposing party is unable to put pressure on you to settle for less than you deserve.
Pre-settlement funding is also beneficial to recipients because of the way the debt is categorized. As non-recourse debt, you are not held personally liable for repayment. Instead of your finances, repayment 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.
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!
Get South Carolina Legal Funding From Tribeca
If you have an existing lawsuit and believe that you may qualify for a lawsuit loan in South Carolina, consider Tribeca. Our application process is completely free, has no hidden fees, and comes with zero obligation. Tell us about your case, how much compensation you expect to receive, your attorney’s contact information, etc.
Our underwriters will examine your application and get back to you as soon as possible. In some cases, we are able to provide clients with money in their bank account in as little as 24 hours after approval!