Tribeca Lawsuit Loans in Lubbock helps people with various types of lawsuits. From personal injury to employment law to malpractice, we help people who need access to their settlement before the conclusion of the lawsuit. Even though a settlement is typically reached for most lawsuit types, personal injury is the most common lawsuit that we help.
We have worked with over 1,600 clients and provided over $45 million in loans. Accepting a loan from us is like a reassurance that your lawsuit will win. We only accept applications with a high rate of winning. When a win may seem out of reach, a loan from us can reassure you that together we are on the right path.
How a Lawsuit Loan Can Help You with Medical Bills
The average cost of a motorcycle medical bill is around $5k, which is higher than a car medical bill of around $3,500. That may seem like a low number, but that only includes minor medical issues doesn’t account for traumatic injuries or long-term disability caused by injuries.
To get a more accurate number, you have to consider:
- The severity of the accident
- Whether the motorist has insurance
- How long the motorist will be out of work
- Pain and suffering
- Emotional distress
- Other responsibilities of the injured party.
Starting legal action against the at-fault party may make you feel better, but it will not give you access to your settlement any faster. This is why we are here to help. We provide legal loans that help you borrow against your settlement or court-ordered compensation.
A lawsuit loan gives you access to your money now. You can use the money to pay off accruing medical debt or to make medical decisions easier.
Why Apply for Legal Funding in Lubbock and Not a Personal Loan?
A lawsuit loan is different than a personal loan. Personal loans look to your credit score or financial history because you are personally responsible for paying them back. A lawsuit loan is based on the strength and facts of your claim.
However, the biggest difference between these types of loans is that our Lubbock legal funding is non-recourse. This means that you are not obligated to pay us back if you do not win.
If you take out a personal loan and lose, you are still obligated to pay them. With our pre-settlement funding, we only get paid when you get paid.
Do I Need a Co-Signer for a Lawsuit Loan?
No, you don’t need a co-signer because we do not investigate your private finances. When you use our free application to apply for a lawsuit loan, we ask for four pieces of information:
- Your attorney’s name and contact information
- The practice area of your lawsuit
- The predicted amount of compensation
- The estimated time frame of your lawsuit
We talk with your legal team because they know your legal situation. We talk with you so you can explain your needs. Together, we create a unique loan offer that is specific to you.
How Do I Pay Back Pre-Settlement Funding in Lubbock?
You do not have to pay us back—your attorney will do it! When you win your lawsuit, the settlement or court-ordered payment will be sent to your legal team. Your attorney will then disperse the funds to the law firm, us, and the remainder goes to you.
The whole transaction is as easy and transparent as our no-obligation application process.