Midland lawsuit loans can give you the cash you need to complete your fight for the maximum settlement. Negotiations for your settlement could take months or even years to complete. Defendants, especially those who know they’re guilty, do whatever they can to drag these out.
Unfortunately for plaintiffs, these pressure tactics often work and force them to accept a lesser settlement. With pre-settlement funding in Midland, as lawsuit loans are sometimes called, you can fight back against these tactics and get the justice you deserve.
What Are Lawsuit Loans?
Most plaintiffs simply can’t afford to carry on an extended legal fight, especially if their damages include high medical bills and lost wages. Defendants count on this and often try to get plaintiffs to settle for less. This leads many plaintiffs to turn to risky sources of financing such as credit cards, personal loans, or second mortgages, or simply accept a lesser settlement.
However, your settlement is potentially a highly valuable asset, but you’re unable to gain access to it now. Midland lawsuit loans allow you to access the value of a settlement long before you’re awarded it. This can give you access to the money you need to fight for the maximum value of a potential settlement rather than settling for less than you could win.
How Do Lawsuit Loans in Midland Work?
With a Midland lawsuit loan, you’ll be able to borrow against your future expected settlement to get that money now. This can be a critical lifeline to plaintiffs, especially in cases where they suffered extensive damages. You could find that it’s also easier to obtain a lawsuit loan compared to other types of loans.
Lawsuit loans are easier to obtain because they’re offered on a non-recourse basis, which also means they carry no risk to the borrower. This means that you’re under no obligation to repay your lawsuit loan if you lose your case. Your personal assets can’t be seized to repay the loan, and if you happen to lose your case, you simply keep the money you’ve received.
How Do You Qualify for a Lawsuit Loan?
There are a few basic qualifications you’ll need to meet to qualify for a Midland lawsuit loan. In general, it’s easier to obtain this form of financing than it is to qualify for other types of loans. So long as you fulfill the following criteria, it’s likely that you’ll be able to obtain a legal loan:
- You have an ongoing lawsuit
- You’ve retained the services of a contingency-fee lawyer
- Your lawyer agrees to receive legal funding
Because lawsuit loans are non-recourse, there is no extensive credit check or employment verification you need to pass in order to obtain one. This is highly beneficial to many plaintiffs, few of whom have the financial resources needed to conduct a lengthy lawsuit.
However, your lawyer will need to agree to receive legal funding in order for us to offer it to you. This is because it will affect their patent at the end of your case. If your lawyer doesn’t approve of legal funding in Midland, we won’t be able to work with you unless you find one that does.
If You’re Ready to Apply for a Midland Lawsuit Loan, Contact Us Today!
If you’re looking for Midland pre-settlement funding, Tribeca Lawsuit Loans can offer you the financing you need to continue your fight for justice. We can offer you up to $1 million within 24 hours of your approval. All of our loans are offered on a non-recourse basis and feature low, simple interest rates.
We make it easy for our clients to get the money they need to fight for the justice they deserve. You can apply for Midland legal funding through our website or by speaking with our live team members, who are ready to walk you step by step through the process. With our help, you could soon get the cash you need to get the full value of your settlement.