Litigation is a lengthy and expensive process. Your attorney needs to be paid for their hard work. You also may have trouble with your personal finances, as bills continue to be due while your claim is litigated.
If you’re in need of a lawsuit loan in San Antonio, Tribeca Lawsuit Loans is here to help. We have successfully helped many people fund their lawsuits, resulting in over $45 million in loans with a 94% approval rate. You can contact us by calling (866) 388-2288 today to speak with our professional litigation funding specialists to begin exploring your options for legal funding.
How to Choose the Right Legal Funding in San Antonio
Some lawsuit funding companies investigate your credit score and bank statements or may ask for co-signers. Other companies use compound interest, resulting in a lendee losing almost all their compensation package when the legal issue is resolved. Compound interest increases your overall payment and can cause you to pay back nearly double what they borrowed.
Our main goal for you is to have money in your pocket to help you find financial stability during a very unstable time. We believe in a flat interest rate that does not compound.
In an effort to keep you financially afloat, we consult with your legal team to understand your situation better, so we don’t loan you more than you need. Additionally, our legal funding is non-recourse, so you don’t have to pay us back if you end up losing your claim.
Does Pre-Settlement Funding in San Antonio Have Any Spending Restrictions?
Upon approval, we can get money in your account in as little as 24 hours. Once the money hits your account, you can use it however you need. There are no stipulations on how to spend the loan money.
Here are some common ways our clients spend their money:
- Keep mortgage payments up to date
- Pay for medical bills
- Replace wages lost due to injury
- Pay car payments
- Pay insurance for house or car
- Pay off credit cards
- Purchase medical equipment for your home or car
- Fund daily life such as buying food, gas, or entertainment
We are not in the place to judge how you spend your money. We are in the business of making it possible for you to live more comfortably while your lawsuit is ongoing.
How Do I Payback Legal Funding?
Legal funding in San Antonio is different than a personal loan from a bank or a credit card. Once you receive the loan amount, there is no monthly payment with compound interest. Instead, our staff consults with your attorney, and we come up with an agreed-upon price to pay us back at the resolution of your case.
When your case is resolved, a check will be sent to your attorney. Your attorney will be responsible for sending payment to us, as well as retaining a portion of the settlement for any outstanding fees for their services. Whatever is leftover belongs to you. There is no need to stress about monthly payments or hidden costs.
How Can I Apply for a Lawsuit Loan in San Antonio Today?
Our skilled team at Tribeca Lawsuit Loans in San Antonio is ready to get you started with the legal funding that you need for your lawsuit. You can apply today for FREE with our three-step application form. You can also call us at (866) 388-2288 if you have any questions about the loan process.