Starting a lawsuit takes time and money. Then, it can take several months to several years without any absolute certainty of how it will resolve. In the meantime, there are legal fees and other daily expenses that still needs to be covered.
Many people turn to 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.
Do I Need a Good Credit Score to Apply for Legal Funding in Fort Worth?
Our legal funding is different than 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 application process, we ask for four different things:
- The contact information for your legal team
- How long your case has been going on and how long it’s expected to last
- The estimated dollar value of your case and eventual settlement
- Your case’s area of law
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 Legal Loan?
After you have provided us with information in our application process, we will then consult with you and your attorney about the appropriate amount. Once the contract for the amount provided and the payback amount, we can have the money in your account in as little as 24 hours.
How Can I Spend my Lawsuit Loan?
Once the money is in your account, there is no stipulation. If you have outstanding bills due to medical debt, you can use the money for that debt. If you have vehicle or property damage to repair, you can pay for that. You can even treat your family out to a decent dinner.
We stress that there is no stipulation because once the money hits your account, it is yours.
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 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 Legal 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.
Where Do I Apply for a Lawsuit Loan?
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 loan options, please contact us today at (866) 388-2288 to speak with our professional staff about how litigation funding can help you today.