Looking for Houston Lawsuit Loans near you? Our team at Tribeca Lawsuit Loans is here to help you stay funded while your lawsuit is in progress. We can provide you with settlement funding in Houston so you can pay your bills while you wait for the best compensation your lawyer can get.
We have a process that includes assessing your case to see if you are eligible for legal funding in Houston, TX. If you need cash fast during this incredibly stressful time, please don’t hesitate to begin your application and reach out to us. We are available in Houston and the surrounding areas.
How Do I Get a Lawsuit Loan in Houston?
Because the court system is slow-moving, all too often a plaintiff’s funds run out before the case settles. We provide lawsuit loans in Houston to keep your legal team in action and help you with other bills like medical bills or mortgages. In fact, we have provided over $50 million of loans to people waiting for their lawsuits to end.
Our process is unique and specifically created to help people of all financial means. We have a 4-step process for getting your loan:
- Complete our simple, quick application for legal funding.
- We go over your application with your lawyer and send you your money.
- Your case ends successfully in either a settlement or a court-ordered award.
- Your lawyer pays us back from your settlement.
This is all that we need when you apply. We don’t require any other information regarding your financials such as bank statements, pay stubs, or credit history. All we require are the facts surrounding your case, your contact information, your lawyer’s information, and how much money you need.
We know that while you’re fighting your lawsuit, time is of the essence. Once we receive your application, you can get approved within 24 to 24 hours and receive the money you requested shortly after. If we need to follow up with you on anything, we will contact you or your lawyer for more information.
What Can Pre-Settlement Loans in Houston Do for Me?
Houston lawsuit loans are also known as legal funding, pre-settlement funding, or pre-settlement loans in Houston, TX. Legal funding acts as a cash advance on your future settlement so that you can pay your bills today.
Lawsuit loans in Houston are structured as non-recourse loans. This makes them very different from the loans you are familiar with. In a non-recourse loan, your collateral is the sole source of funds that can be legally used to repay the loan. In a lawsuit loan, your future compensation is your collateral. No matter your case’s outcome, we will never see a penny of your own money. That’s right — if you lose your case, you will owe us nothing!
Because your own money cannot be used to repay your Houston settlement loan, our application asks for none of your personal financial information. We ask:
- NO credit check
- NO employment verification
- NO income verification
- NO asset review
Your future settlement is the only money that can be used to repay your Houston lawsuit loan.
We’ll also learn whether there are additional ways we can help, such as arranging case funding for your attorney to cover expensive litigation costs that can strengthen your case.
What Type of Cases Do Houston Lawsuit Loans Cover?
At Tribeca, we provide legal funding in Houston for a wide range of cases, including:
- Medical malpractice
- Slips, trips, and falls
- Car accidents
- Commercial litigation
- Employment law violations
- Civil rights
- Sexual Abuse
And so many more. Don’t worry if you don’t see your personal injury case listed above. These are only a few of the most common that we typically provide funding for. We review all applications regardless of the type of case and we encourage everyone to apply.
How Much Can I Get for a Houston Lawsuit Loan?
The amount of your loan varies. There are several factors to consider, like the area of law of your case, the predicted value of your case, and the timeline of your settlement. Once we have spoken with your attorney, we will determine the Houston lawsuit loan amount we can offer, typically between $500 and $2,000,000.
We understand that lawsuits take time, and the wait can be both stressful and exhausting. We value the humanity behind lawsuits, which is why we believe in providing pre-settlement loans in Houston with simple, non-compounding interest rates. This makes it easier to understand what you’ll be paying back when your lawsuit settles successfully.
How Can I Use a Houston Lawsuit Loan
While your lawsuit is pending, we know that bills are piling up. The Houston settlement loan we provide does not stipulate what you can and cannot purchase. Most people use legal funding to pay for:
- Rent or mortgages
- Car payments
- Outstanding credit card bills
- Medical bills
- Medical equipment for house or vehicles
- Replace wages lost due to injury
- Daily life: food, gas, entertainment
A Houston lawsuit loan allows you to act as if the settlement has already happened. When the lawsuit ends, a check will go to your attorney, who will extract legal fees and the agreed-upon repayment of your pre-settlement funding. The remainder of the money is all yours.
Never Let Insurance Companies Win
Insurance companies aren’t on your side. Their main goal is to try and get you to settle for your personal injury case for as little as possible. One of the main ways they achieve this is by stalling out the legal proceedings of your case. The longer you wait, the worse your financial situation becomes, especially when medical bills start to stack up.
You may also be unable to work and earn a wage while you rest and recover. All of this can make it hard to meet your financial obligations on time. Without your settlement, making ends meet can feel impossible. This situation is what will force you to accept a meager settlement offer from the insurance company.
Instead of caving to the insurance company’s demands, you can get the cash you need to sustain yourself while you and your lawyer continue to fight for a fair settlement. Never let the insurance company bully you into settling for less. Instead, get risk-free and unrestricted legal funding in Houston and stay in the fight for proper compensation.
Applying for Pre-Settlement Funding in Houston is Free!
Take the time to learn about our lawsuit loans in Houston for free by filling out the form on our Apply Now page. You can also call us at (866) 388-2288 if you have any questions about the loan process. If you need a Houston lawsuit loan near you, please don’t hesitate to reach us today and learn more!
Houston, TX Lawsuit Loans – Frequently Asked Questions
What is a lawsuit loan in Houston, TX?
A Houston lawsuit loan is a way of obtaining instant funds leveraged against the compensation that will come at the end of an active lawsuit. Essentially, this type of loan allows a plaintiff to immediately access the money they would get in a future settlement. With these funds, they can pay their bills and finance their ongoing legal battle without the fear of running out of funds. In this way, legal funding is a lifeline for civil suits that can take years to settle.
Why is my lawyer taking so long to settle my case?
The realities of the modern legal system mean that certain cases can take a while to sort out. Adding to this, defense attorneys and insurance companies often try to drag out settlement negotiations to secure smaller payouts from their clients. This tactic intends to put financial pressure on plaintiffs who might take smaller settlements before they run out of money. It is unfortunate, but this underhanded strategy often works to their advantage. A Houston lawsuit loan will help protect you against this.
Obtaining a lawsuit loan in Houston, Texas, provides you a cash advance on the future settlement, allowing you to pay your bills and avoid the financial squeeze of legal proceedings that drag out for months and even years. With the help of legal funding, you’ll be able to negotiate a more lucrative settlement.
Are pre-settlement loans in Houston safe?
Lawsuit loans in Houston, TX, are inherently safe, putting the borrower at no risk. The risk is removed because Tribeca loans are non-recourse loans, meaning the borrower is not liable to pay them back. This definition is supported by the IRS.
The non-recourse loans that we provide are only paid back from the loan’s collateral, which in this case, is the lawsuit’s future settlement. That means the loan is only repaid if you win the case. In the case that you lose, your lawsuit loan in Houston, TX, does not have to be paid back.
How much does it cost to apply for Texas lawsuit loans?
There is no charge for applying for lawsuit loans in Houston, TX, or anywhere for that matter. If a company charges you to apply, chances are they are not a reputable lender. A trusted lender should have free applications and be transparent about any fees and costs. This also applies to interest rates, which should always be simple, fair, and non-compounding. At Tribeca, we believe the best lawsuit loans are the ones that allow you to take home the highest amount of your compensation as possible.
Do I need an attorney to get a lawsuit loan in Houston, TX?
Yes, being represented by a contingency-based attorney is a prerequisite to qualifying for a Texas lawsuit loan. There are reasons this is a requirement, though. Having an attorney on your case greatly increases your chance of winning your legal battle and getting a higher settlement. In the case of a lawsuit loan, your attorney also acts as a middleman for the loan funds, disbursing the compensation back to the lender, deducting their fees, and forwarding the remaining settlement to their client. Ultimately, this leads to a better situation for all parties, and a much less stressful loan experience for you, the customer.