Starting a lawsuit takes time and money. Then, it can take several months to several years to resolve. In the meantime, there are legal fees and other daily expenses that still need to be covered. Can you afford to wait for your compensation to fund?
Many people turn to legal funding, like lawsuit loans in Fort Worth, to help cover the costs. We understand the financial burden and uncertainty that comes with starting a lawsuit. Our legal funding options are here to create an easy and satisfying process for you to have some certainty about your finances.
What is a Fort Worth Lawsuit Loan?
Legal funding in Fort Worth, or a lawsuit loan, acts as a casha advance on your future settlement. This puts money in your pocket today to cover your current expenses while you wait for the compensation your attorney is negotiating.
Lawsuit loans in Fort Worth are structured as non-recourse loans. What makes a non-recourse loan so different from conventional loans is the way they are paid back. The only legal source of money to repay a non-recourse loan is the collateral. This means that we cannot require that you repay our loan with your income or assets. Your future settlement is the collateral on the loan, and it is the only money we can seek for repayment. The lender has no recourse to any other money.
Because pre-settlement loans in Fort Worth are non-recourse, there is no financial risk to you when you take out a lawsuit loan. In fact, if you happen to lose your lawsuit, you won’t owe us a penny!
Because your money will not be used to repay your lawsuit loan, we don’t even ask about your private finances. Our application includes:
- NO credit check
- NO asset evaluation
- NO employment verification
- NO income check.
Settlement funding in Fort Worth is meant to alleviate your financial stress — not add to it. We charge a low, simple non-compounding interest rate. Even better, a lawsuit loan can help you get a better settlement!
How Can Fort Worth Lawsuit Loans Help You Win a Bigger Settlement?
As the plaintiff in your lawsuit, first, you were damaged due to the negligence or malice of another. Now, you’ve got unpaid bills and mounting stress, and the negotiations are still dragging on. It almost feels like you’re being victimized all over again.
Unfortunately, in some ways, you are. While the court system is slow, defense attorneys and insurance companies deliberately drag out settlement negotiations. They hope your financial distress forces you to accept a lowball settlement that’s a fraction of your lawsuit’s worth so that you can get some money now. A Fort Worth lawsuit loan gives you the ability to withstand this financial pressure so you can afford to hold out for the full compensation you deserve.
And because Tribeca is invested in the success of your lawsuit, we may provide additional case funding! This can allow your attorney to hire expert witnesses or pay for other litigation expenses that can strengthen your case.
What Cases are Covered by Fort Worth Settlement Loans?
- Personal injury
- Car accidents
- Slips and falls
- Premises liability
- Commercial litigation
- Medical malpractice
- Civil rights
And so much more.
Do I Need a Good Credit Score to Apply for Legal Funding in Fort Worth?
Our legal funding in Fort Worth is different from a personal loan or credit card. We never look at your credit score or your financial history. We do not need to because the amount we loan out to you is carefully crafted to reflect the potential outcome of your case rather than your financial history.
When you start the Fort Worth lawsuit loan application process, we ask for four different things:
- The state you live in
- The case type and facts surrounding your lawsuit
- Contact information for your and the law firm or attorney you’ve retained
- How much money you need
We believe that everyone should be able to pursue justice, regardless of their past or current financial situation.
When Do I Get the Money From My Fort Worth Lawsuit Loan?
After you have provided us with information in our application process, we will consult with you and your attorney about the appropriate amount. Once the contracts have been signed, we can have the money deposited into your account in as little as 24 hours.
How Can I Spend My Fort Worth Lawsuit Loan?
Once the money is in your account, there is no stipulation on how you spend it. For example, if you have outstanding bills due or medical debt, you can use the money for those payments. If you have vehicle or property damage to repair, you will be able to pay for that.
We stress that there is no stipulation because once the money hits your account, it is yours. Settlement funding in Fort Worth is often used to pay for:
- Medical care
- Physical therapy
- Mortgage or rent
- Car payments or a new vehicle
- Property repair
- Income replacement
- Daily expenses
Our goal is to provide the financing you need to alleviate your financial stress and let your attorney get you the best settlement possible.
What Steps Do I Have to Take to Repay My Pre-Settlement Funding in Fort Worth?
As long as you have legal representation, there are no additional steps you need to take to repay your Fort Worth pre-settlement funding.
When your lawsuit is resolved or settled, a check will be made out to your attorney. Your attorney will then take out their fees. Then, your lawyer will repay us using the money from your case.
Whatever amount is left over is yours to keep.
Do I Have to Repay My Fort Worth Settlement Loan if My Case Isn’t Successful?
Our legal loans are predicated on the assumption that you will win your lawsuit and are therefore non-recourse loans. Non-recourse loans are the best kinds of loans because if you were to default on the loan, a creditor could not go after your personal assets.
Applying for Fort Worth Pre-Settlement Funding Is Free!
Our staff of experienced professionals want to make it easy for you to get a lawsuit loan in Fort Worth. You can start your application process by completing our online application. Once you apply, we will begin getting information to provide you with a loan amount perfect for your situation.
If you are interested in learning more about your Fort Worth lawsuit loan options, please contact us today at (866) 388-2288 to speak with our professional staff about how litigation funding can help you today.