If you’re involved in ongoing settlement negotiations in Tennessee, Chattanooga lawsuit loans can be a lifesaver. A lawsuit can take months or even years to work out, and if you’re waiting on a settlement, there’s a good chance you’ll never see the money you deserve from it.
With pre-settlement funding in Chattanooga, you can get the money you need to carry on your legal fight. Legal loans carry no risks to the borrower and could be the ideal financing option to help you obtain the maximum settlement. Find out if they’re the right option for you today.
How Does Pre-Settlement Funding Work?
Pre-settlement funding, also known as lawsuit loans or settlement loans, allow you to spend some of the money you’d expect from winning your settlement right now when you need it most. Many plaintiffs are forced to cut their lawsuits short supply due to mounting expenses. Hospital bills, rent and mortgage payments, and lost income can cause immense financial pressure.
With a lawsuit loan, you can take a portion of your expected settlement and get access to it now through a legal funding company. They’ll issue you a nonrecourse loan, meaning one that you’re not obligated to repay from your personal assets, based on your estimated settlement. If you win, you repay your settlement loan from your winnings, but if you lose, you owe nothing.
For a free consultation with a lawyer serving Chattanooga, call 866-388-2288
The Benefits of Chattanooga Settlement Loans
Chattanooga settlement loans offer a wide range of benefits that make them an attractive financing option for plaintiffs. These include the following:
- No risk to the borrower
- Fast approval
- No credit or employment check
- No assets required
- Low interest rates
- Fast payout
For plaintiffs who need money fast, a settlement loan could be the ideal option. Unlike other forms of financing, there’s no lengthy application process, and you don’t need to have anything in your possession that can be used as collateral. This is due to their nonrecourse nature, which effectively leaves the settlement itself as the only collateral at risk in the transaction.
Personal Injury Lawyer Near Me 866-388-2288
Qualifying for Chattanooga Lawsuit Loans
It’s simple to qualify for a Chattanooga lawsuit loan if you’re in need of financing for your lawsuit but want to avoid the risks associated with other forms of financing. You’ll only need to meet the following criteria in most cases to qualify for pre-settlement funding in Tennessee:
- You have an ongoing settlement.
- You’ve retained a contingency-based lawyer.
And that’s it – in most cases, you only need to meet the above two conditions to qualify for legal funding. The legal funding company will take a look at your case file and make an offering based on their expectations of your victory.
However, your lawyer will need to agree to receive legal funding, or you won’t be able to receive it yourself.
Need a Lawsuit Loan? Apply Today!
Get a Settlement Loan in Chattanooga
If you’re expecting a settlement but need money from it now, Tribeca Lawsuit Loans can help. We offer pre-settlement funding to clients nationwide, including Chattanooga. Our funding comes with no hidden fees and fair interest rates, meaning you’ll have a good chance of taking home a significant portion of your settlement should you win.
Contact us today to learn how we can help you and what we have to offer. Our legal funding comes with no strings attached and could transform your life, giving you the financial muscle that you need to focus on the fight ahead. Get in touch with us today. We look forward to hearing from you and helping you fight for the justice you deserve.