If you’re the plaintiff in a lawsuit in the state of Texas, you‘ve already discovered that the process can take months (and even years!) before you see the money you deserve. Claimants can turn to Tribeca Lawsuit Loans for pre-settlement funding, also known as a Texas lawsuit loan, to meet their needs while the wheels of justice turn.
Lawsuit loans (also known as lawsuit funding) in Texas can be used for any expenses that arise before you get your rightful compensation. Many clients use the funds for medical bills, rent or mortgage payments, utility bills, or even daily expenses like food or transportation. Funding company Tribeca offers Texas lawsuit loans near you so you can afford to see your case through to a just compensation. If you’re ready to get started right away, use this quick online form or call our office at (866) 388-2288.
Want to know more before you apply? Read on to see how a Texas lawsuit settlement loan can help today and in the future.
What is a Texas Lawsuit Loan?
Legal funding, also known as pre-settlement funding or lawsuit loans, is designed to give you a cash advance on your future settlement. You are welcome to use the money in any way you need. The goal of a Texas post-settlement lender is to provide the financial wherewithal to see your lawsuit through to the total compensation your case warrants.
Unlike conventional loans, Texas lawsuit loans near you are risk-free. Neither your income, property, nor assets can be touched to repay the loan. This is because legal lending is structured as non-recourse loans. A non-recourse loan can be repaid solely from the loan’s collateral. With legal funding, your future settlement serves as the collateral on the loan.
Because we’ll never see one cent of your own money, our Texas lawsuit loan application includes:
- No credit check
- No income verification
- No asset evaluation
- No hidden fees
You don’t need money to qualify for legal funding. Additionally, since your compensation is the collateral on the loan, if you lose your case — you owe us nothing!
When you take out a lawsuit loan near you, you alleviate the financial pressure you’ve been suffering. You’ll be able to afford to stay the course with your legal team and let them get you the best compensation possible. Best of all, you may even get a better settlement with legal funding!
As lawsuit settlement funding provider, it is our goal to provide you with the best service with the lowest interest rates. While your credit score is a number that represents your creditworthiness, we do not check it or your income or require bank statements to receive pre-settlement funding in TX. Going through a serious accident is traumatic and stressful, not to mention having to deal with the law and exercising your rights through your lawyers. Rest assured, we strive to make the lending process as simple as process.
Can a Texas Lawsuit Loan Help You Get a Larger Settlement?
You know that lawsuits can take years to settle. But did you know that this extraordinarily slow pace is often by design? It’s true. It’s not just a matter of an overburdened court system. Defense attorneys and insurance companies deliberately drag out the proceedings in an effort to shield their clients from the repercussions of their actions. Their goal is to limit the compensation you receive so their client does not have to pay the full value of your case. That’s their job. Our job is to provide the money you need to make ends meet so you can afford to wait out the stall tactics and achieve the compensation you’re due.
How can a Texas lawsuit loan near you help you get a larger settlement? Defense attorneys and insurance companies know that you are likely facing financial difficulty as long as your claim drags on. Medical bills, lost wages, legal bills, and more can pile up for various reasons after an accident. Unfortunately, the financial hardships force many claimants to accept a lowball offer now, because they can’t afford to wait for the full compensation.
Sound unfair? We get it. That’s why Tribeca helps you level the playing field with a no-risk lawsuit loan in Texas at a low, non-compounding interest rate. When you have the money to pay your bills and put food on the table while the insurance company stalls, the pressure is taken off you to settle your claim for a fraction of its worth.. This leverage means you and your attorney have more time to negotiate the very best settlement. Tribeca gives you the money and time you need to get the justice you deserve!
Do I Qualify For a Lawsuit Loan in Texas?
You are eligible for a Texas accident loan if you are in the midst of a lawsuit and stand to receive compensation. We understand how insurance companies work, so we are uniquely qualified to assess your case quickly. While many customers seek our assistance after a car accident, our Texas lawsuit loans near you aren’t limited to motor vehicle accident claims.
Whether you’ve been wrongfully injured physically, financially, or psychologically, the damage is done. Tribeca lawsuit settlement loans in Texas help customers recover from all sorts of civil injuries, including:
- Texas personal injury lawsuits
- Labor law violations
- Employment discrimination
- Whistleblower cases
- Mass Torts
- Wrongful death lawsuit loans in Texas
The list of cases we fund continues to grow.
We do require that an attorney represents you. This not only ensures all parties are protected equally but also makes you statistically more likely to win your lawsuit and to get a better settlement. That’s a win-win situation!
Essentially, legal funding allows you to bring your compensation package forward into the present. We facilitate that by giving you funds now, and then you pay us back an agreed-upon portion of your settlement or jury award.
How Can I Use My Texas Lawsuit Loan?
That’s the best part of our settlement loans in Texas. Not only are they a quick and easy solution to buy you time to negotiate a better settlement, but our Texas lawsuit loans are unrestricted in their use. Many of our customers typically use their money for bills and expenses such as:
- Medical bills
- Housing costs
- Daily expenses such as gas and food
- Property damage repairs
- Losses of income
- Choice living expenses
- Pay for personal damages
Remember. Whether you need car accident funding or malpractice settlement loans in Texas, we’ve got you covered. You can get the financial relief you need without taking on debt or risking any of your own money.
Apply for a Texas Lawsuit Loan Today and Level the Playing Field
You don’t need money to qualify for a Texas lawsuit loan near you, and the application is FREE! Head on over to our Apply Now page to get started. Or, we encourage you to get in touch with the funding specialists at our office by calling (866) 388-2288.
We have funded lawsuit loans throughout Texas, including in the following cities:
- College Station
- Corpus Christi
- El Paso
- Fort Worth
- League City
- Round Rock
- San Angelo
- San Antonio
- Sugar Land
As a lawsuit funding company with decades worth of experience helping victims of accidents, we are proud to serve Texans. We are based in Los Angeles with offices throughout the United States, and serve accident victims in many other states in the country, including (but not limited to) Georgia, Ohio, Oregon, Pennsylvania, Rhode Island, Louisiana, Florida, Iowa, Michigan, Wisconsin, Maine, Utah, Minnesota, Massachusetts, South Dakota, Washington, New York, California, New Jersey, and now Connecticut.
We would be honored to assist your fight for justice! Apply today for a Texas lawsuit loan near you!
AddressTribeca Capital Group, LLC325 N. Paul St, Suite 3100Dallas, Texas 75201Call: 24/7Phone: 866-388-2288
Frequently Asked Questions
What is a lawsuit loan in Texas?
A Texas lawsuit loan is essentially a cash advance against the future compensation in an active lawsuit. This legal funding enables plaintiffs in civil suits to access the money in their future settlement, so they can pay their bills while their attorney negotiates the best compensation for the case. You may never need a lawsuit loan, but legal funding can be a lifeline for cash-strapped litigants when a civil suit is dragging on for years.
Why is my lawyer taking so long to settle my case?
Court system procedures take a while, but defense attorneys and insurance companies also deliberately drag our settlement negotiations. It is a strategy designed to protect their clients from paying the full compensation the case warrants. These stall tactics pressure financially stressed plaintiffs to settle early for a small fraction of their case’s value. Sadly, this cynical play is often successful.
Legal funding like a Texas lawsuit loan provides a cash advance on the future settlement. This money enables the plaintiff to pay their bills and relieve financial pressure while affording their attorney the time necessary to negotiate the best possible compensation.
Are Texas pre-settlement loans safe?
Texas pre-settlement loans are safe, with no risk to the borrower. Legal funding is structured as non-recourse loans, for which the Internal Revenue Service (IRS) says the borrowers are not personally liable. A non-recourse loan can only be repaid from the loan’s collateral. The collateral in a Texas settlement loan is the lawsuit’s future settlement. Because the loan is non-recourse, your income and assets can never be touched to repay the loan. And, should you lose your lawsuit, you don’t have to repay the settlement loan!
How much does it cost to apply for Texas lawsuit loans?
No reputable legal lending company will charge you an application fee for a Texas lawsuit loan. Look for another lender if you are asked to pay an application fee or if the funding company is not transparent about all fees and costs. You should also pay only a simple, non-compounding interest rate. The best lawsuit loan companies want you to take home as much of your compensation as possible.
Do I need an attorney to get a Texas lawsuit loan?
Yes, you need to be represented by a contingency-based attorney to qualify for a Texas lawsuit loan. There are a couple of reasons for this requirement. First, plaintiffs represented by an attorney are far more likely to win their lawsuit and get a better settlement than those who represent themselves. So, legal representation benefits both the plaintiff and the lender, who is only repaid if you win your case. Second, the attorney is responsible for disbursing the settlement funds. They take the compensation check, send the lender the portion to repay the loan, then deduct their fees, and finally forward the balance to their client.