Insurance companies know that if they can drag out a case long enough, a plaintiff might accept a lower settlement. Litigation takes time, and time is not on your side. What do you do when you start to run out of money while you wait?
The answer is a lawsuit loan from Tribeca! We offer lawsuit loans to people in West Valley City, Utah, who have cases in process and need money now while they wait for their settlement. It’s a quick process and there’s no risk to you.
How Long Does It Take to Get West Valley City Pre-Settlement Funding?
Here’s how the process works. First, we’ll ask you some simple questions about your case. We will not need to do any credit checks, ask about employment history, or any of the usual embarrassing financial questions. We just need to know about your case and some information about your lawyer.
Next, we will contact your lawyer to learn about how your case is going and get their opinion about your chances. This can take a few days, depending on your lawyer’s schedule, but it’s usually quick.
After that, we can build an offer that fits your case and, upon approval, can put the money in your account in as little as 24 hours. Larger loans will take more time to deposit due to finance laws on transfers. Tribeca offers loans from $500 to $1 million to West Valley City residents!
For a free consultation with a lawyer serving West Valley City, call 866-388-2288
The Legality of Pre-Settlement Funding in West Valley City
Is it really legal to borrow money against a future settlement? Yes! We offer non-recourse loans, which means that if your case fails there’s no legal way for us to go after your other assets. Lawsuit loans, also known as legal funding or pre-settlement funding, are legal in Utah.
We also follow all state regulations for lending as listed in the Litigation Funding Practices Act. They include important points like:
- Requiring lenders to be licensed and registered in the state
- Requiring specific notices to be given to consumers regarding fees/interest
- Limiting the annual interest rate on legal funding in West Valley City
In addition to these, we also follow best practices in our industry for ethical lending. Tribeca will never charge you a compound interest rate on your loan, only a simple interest rate. This makes it easy to calculate interest so you know how much you’ll pay us back when your case finishes.
Personal Injury Lawyer Near Me 866-388-2288
Who Qualifies for West Valley City Legal Funding?
If you have a case that could give you financial compensation and you have a lawyer supporting your case, you meet all the qualifications to fill out an application with us. If you do not have a lawyer, we recommend hiring one before reaching out.
Non-recourse loans to people not represented by a lawyer are risky to everyone. You’ll likely get far less than you could with a lawyer on your side, and we could make a poor lending decision without their guidance.
Not all cases will qualify even with a lawyer, but this is usually because there are legal circumstances in your case that will make it hard for you to win or get enough compensation to qualify. An example is if you have a high level of negligence in your case that will push down your compensation amount.
Need a Lawsuit Loan? Apply Today!
Apply for Your West Valley City Lawsuit Loan Today
Applying for a lawsuit loan in West Valley City is at no risk to you. The worst we can say is no, and you can get a lending decision in just a few days. To get started, click the Apply Now button or call us at the number at the top of your screen.