Litigation is a lengthy and expensive process. Of course, your attorney needs to be paid for their hard work. But you may be facing mounting health care bills and other spiraling expenses due to the damages you have suffered that led to your lawsuit. And lawsuits like personal injury claims take months or years to resolve. You may even consider settling now for the defense attorney’s lowball offer to relieve the financial stress. A San Antonio lawsuit loan can provide the funds you need to pay your bills, relieve the pressure, and fight for the full compensation your case is worth.
If you’re the plaintiff in an ongoing case and need a lawsuit loan near your home 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 the highest approval rate in the industry. 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.
What is a San Antonio Lawsuit Loan?
A San Antonio lawsuit loan, also called legal funding or settlement funding in San Antonio, acts as a cash advance on your lawsuit’s future compensation. It allows you to access the funds in your future settlement to pay your bills today. This enables families like yours to pay the steep expenses that may result from the initial event that spawned the lawsuit while their attorney pursues the best possible compensation.
We always structure our San Antonio settlement loans as non-recourse loans. A non-recourse loan eliminates risk to the borrower by strictly restricting any possible loan repayment to the loan’s collateral — your future settlement. This means that your lawsuit’s compensation is the only legal source of money that can be used to repay the loan. Therefore, no matter what happens, you will never have your income, credit, or assets attached to the loan’s repayment. And, if you lose your case — you don’t have to pay us back!
What Lawsuit Types Can San Antonio Lawsuit Loans Fund?
At Tribeca Lawsuit Loans, we provide San Antonio settlement loans for a broad array of lawsuits, including:
- Personal injury
- Car Accidents
- Commercial litigation
- Employment law violations
- Medical malpractice
- Sexual Abuse
- Civil rights
The list of cases we fund continues to grow. We also provide mass tort funding in many cases, such as the Devin Patrick Kelley shooting and other issues of concern to Texas residents.
Are You Eligible for a San Antonio Settlement Loan?
If you are the plaintiff in an active lawsuit, you likely qualify for a lawsuit loan in San Antonio from Tribeca. If you:
- Are 18 years old or older
- Are waiting for compensation
- Are represented by an attorney
Then, we may be able to provide a San Antonio lawsuit loan to help you see your case through to a just conclusion and the compensation you are due.
We require that an attorney represent our clients to protect your interests and our own. Lawyers routinely are far more likely to win their case and win a bigger settlement than clients who represent themselves.
How Do I Apply for Legal Funding in San Antonio?
We have streamlined our San Antonio settlement loan application to a simple, three-step process:
- You Apply: Just visit our Apply Now page to provide some basic information.
- We Review: Our underwriters contact your legal team and crunch numbers.
- You Get Your Money: With signed documents, the money is deposited into your account!
Some of the information we will need from you includes:
- Names and contact information for you and your legal team
- The type of lawsuit you are involved in
- The state you live in
- How much money you would like to receive
We understand you are anxious to relieve your financial stress. So, we are poised to launch into our due diligence to provide you with a speedy answer. Once the paperwork is signed, we will get your money to you within 24-48 hours!
San Antonio Lawsuit Loans Near You
We offer lawsuit loans across the United States, including in the city of San Antonio. As the second-largest city in Texas, San Antonio enjoys a population of over 1.4 million people. It also sees its fair share of injuries, auto accidents, medical malpractice, and other events that could lead to a lawsuit.
If you are looking for lawsuit loans in San Antonio, TX, you’ve come to the right place. We have long worked in Texas, providing San Antonio settlement loans to people just like you. We also operate in many nearby cities, including:
At Tribeca Lawsuit Loans, we are your reliable and local source for legal funding in San Antonio, TX, and throughout the Lonestar State.
>How is my Loan Interest Determined?
If you are considering settlement funding in San Antonio, one of the first questions you’ll have is how much interest you’ll pay on your loan. At Tribeca Lawsuit Loans, we don’t have a set interest rate for every loan. Instead, the interest rate we apply to your pre-settlement loan in San Antonio will depend on the unique details of your case.
Generally, we tend to request a higher interest rate on higher-risk cases and lower interest rates on cases that seem most likely to settle or be won in court successfully. What we can promise is that we’ll offer you the lowest interest rate possible on your San Antonio lawsuit loan. That means you’ll take home more of your earnings after your case is over.
Will I Have to Pay Back My San Antonio Settlement Loan if I Lose?
As mentioned in the “non-recourse” explanation, the answer to this question is no. One of the reasons our customers love working with us is that we only get paid when you get paid. If you lose your case, you will not need to pay back your San Antonio lawsuit loan. Your repayment is tied directly into the settlement you receive, so no winnings = no repayment!
What Are the Benefits of Settlement Funding in San Antonio?
The U.S. legal system is not swift. Waiting for the completion of your case can take many months or even years. In the meantime, you still have bills to pay and likely have extra expenses due to the event that caused your lawsuit.
The main benefits of receiving pre-settlement loans in San Antonio are that you can:
- Pay for the medical care you may need for your injuries
- Replace a damaged vehicle
- Purchase medical equipment or other needed items as a result of your injury
- Continue paying your bills if you are unable to work
- Avoid accepting a lowball settlement offer out of financial necessity
At the end of the day, San Antonio lawsuit loans give you time so that your attorney can press your case and make sure you get a fair settlement or that you have the best chance of winning in court.
How to Choose the Right Settlement Funding in San Antonio
Some lawsuit funding companies investigate your credit score and bank statements or may ask for co-signers. Other companies charge compound interest, resulting in a borrower burning through almost all their compensation package before the legal issue is resolved. Compound interest increases your overall payment and can cause you to pay back nearly double what they loaned you.
Our main goal for you is to have the financial stability you need to pursue your case to a just settlement. We want to give you the financial wherewithal to fight for justice, but we don’t want to cannibalize your future compensation. So, we charge only a flat, simple interest rate that does not compound.
Our underwriters will communicate with your legal team to learn more about your case and your specific needs so we can craft the ideal pre-settlement loan in San Antonio for you.
Does Pre-Settlement Funding in San Antonio Have Any Spending Restrictions?
Upon approval and signing of all documents for your San Antonio settlement loan, we can get your money into your account within 24-48 hours. Once the money hits your account, you can use it however you choose. There are no stipulations on how to spend the loan money.
Here are some common ways our clients spend their pre-settlement funding:
- 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 San Antonio lawsuit loan money. We are in the business of making it possible for you to live more comfortably while your lawsuit is ongoing.
How Do I Pay Back Legal Funding in San Antonio?
Legal funding in San Antonio is different from 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 portion of your final settlement 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 and retaining any outstanding fees for their services. Whatever is leftover belongs to you. There is no need to stress about monthly payments or hidden costs.
Applying for Your Pre-Settlement Funding in San Antonio is Free!
Our skilled team at Tribeca Lawsuit Loans is ready to get you started with the legal funding in San Antonio that you need. You can apply today for FREE with our simple application form. You can also call us at (866) 388-2288 if you have any questions about the loan process. Let us provide the funds you need to afford to wait for the compensation you are due.