If you are in the middle of a lawsuit in the Plano, Texas area, then you may already know this process can take months or even years before you receive any money through a settlement or jury verdict. Unfortunately, the long timeframe between the initiation of a case and the conclusion can leave people struggling financially.
At Tribeca Lawsuit Loans, we are here to help when you need a lawsuit loan to hold you over. Many of our clients use funds that we make available to pay their medical bills, utility bills, legal fees, and everyday expenses. You can apply for a lawsuit loan in Plano for free by calling us at (866) 388-2288 or filling out our easy application.
Are Lawsuit Loans in Plano Legal?
Lawsuit loans in Texas are legal. We work with clients in a wide variety of states throughout the country, many of which have incredibly strict laws regarding legal funding. We know how to make lawsuit loans safe and secure for recipients in Plano and throughout Texas.
For a free consultation with a lawyer serving Plano, call 866-388-2288
Can You Receive Legal Funding in Plano if You Have Bad Credit?
We know that most people associate loans with credit scores, but the team at Tribeca is not going to look at your past financial history. If you have poor credit, that is okay. We will not evaluate your credit score as we work with your lawyer to get your legal funding approved.
We simply do not believe that a person’s financial history should have anything to do with whether they are able to support themselves while they have an ongoing lawsuit against someone who has done them wrong.
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What Is the Official Approval Process to Receive Legal Funding in Plano?
Once you contact our legal funding specialists in Plano, we are going to work directly with your attorney to examine the merits of your case. We do require that you have an attorney before we can improve your lawsuit loan. This helps protect our investors, and it also helps ensure that you have a greater chance of success.
When we work with your legal team, we will examine some of the following factors:
- The overall strength of your claim
- Your total damages
- The total expected settlement amount
Our legal funding specialists in Plano have been able to provide money ranging anywhere from $500 to $1,000,000. We have the resources to help you meet your needs while waiting for the wheels of justice to come full circle in your case.
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How Quickly Do You Have to Pay Back a Lawsuit Loan in Plano?
We want you to know that you will not have to worry about paying back your pre-settlement funding in Plano until after your case reaches a conclusion. After an eventual settlement or jury verdict in your case, it will be your lawyer’s responsibility to repay the agreed-upon amount from your award.
We know that there is always a chance that a case will not be successful, and we want to make sure that you are not penalized if that happens. In the event you do not win your case, you will not owe us.
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What Can You Spend Legal Funding On?
You will be able to spend your legal funding on a variety of needs. In some cases, recipients of lawsuit loans use the funding to pay for their ongoing legal fees.
However, it is certainly okay to use the funding that we provide on other things as well. This can include:
- Ongoing medical bills related to your case
- Credit card bills that may be behind
- Rent or mortgage payments
- Car payments
- Everyday household expenses, including food, fuel, and entertainment
- Child care expenses
Our goal is to make sure that you have the money you need to hold you over until your case reaches a successful conclusion. You are free to spend the money on your needs.
Reach Out for Assistance When You Need a Lawsuit Loan in Plano
If you or a loved one are involved in an ongoing lawsuit in Plano, Texas, and need immediate financial assistance, our team of legal funding specialists is standing by. You can start this process for free by filling out our Apply Now form or by calling one of our loan specialists at (866) 388-2288.