Lawsuit loans (or legal funding) help plaintiffs get the money they need to cover their present expenses. Don’t settle for less than you are owed or feel crushed by financial pressures. With a lawsuit cash advance, your attorney has the time to negotiate a fair compensation package.
Financial assistance like this has many benefits, including being safer than a traditional loan. Legal funding is non-recourse, so your personal bank account is never a source for repayment. Instead, you pay back your Vermont lawsuit loan out of your eventual settlement or jury award.
Vermont Pre-Settlement Funding Requirements
To get a lawsuit loan in Vermont, you’ll need to meet some eligibility requirements. However, applying with us is always free, so you should submit an application if you think you qualify.
You’ll need to have a case type that we fund, which includes most civil lawsuits like:
- Most personal injury cases (including car accidents)
- Product liability claims
- Employment and labor law violations
- Whistleblower lawsuits
- Medical malpractice
- Defective drugs cases
You also must be the plaintiff in your case. You pay your pre-settlement funding back out of your compensation package, so you must stand to receive compensation at the end of the lawsuit in order to be eligible.
Finally, we also require clients to be represented by an attorney or law firm. This is primarily because we work with your lawyer during repayment, allowing you and your family to be free from the hassle of monthly payments. Instead, your attorney simply writes us a check when they receive the compensation package and the repayment process is finished!
How Does Personal Injury Law Affect Vermont Lawsuit Loans?
Many of the lawsuits we fund fall under the broad legal category of personal injury. These are very much affected by laws in Vermont that restrict how long you have to file a claim (the statute of limitations) and how blame for the incident changes compensation (negligence issues).
For example, Vermont Statute 12 V.S.A. §1036 lays out two key ways in which the money you receive in a personal injury lawsuit is affected by how much blame you share for the incident:
- You cannot receive any compensation if you are more than 50% responsible.
- Your percentage of blame is used to reduce your total compensation.
Our underwriting team will examine the details of your case in order to determine whether and how much legal funding we can provide you. This includes checking to ensure that your lawsuit is within the statute of limitations, evaluating the strength of your evidence, assessing how much compensation you stand to receive, and additional factors.
How Many Vermont Lawsuit Loans Can You Get?
We are able to provide clients with up to $1 million in legal funding for Vermont lawsuits. When we provide funding, we always try to take your whole future into account so that you get what you need for the duration of your case.
In some cases, however, the details of your claim might change. New damages, additional evidence, or other factors can come into play that could make it possible for you to get another Vermont lawsuit loan. Just like with your first request for funding, you can simply apply online. You can also speak with our team to discuss the specifics of your updated needs.
Apply Today for Vermont Legal Funding
If you have a lawsuit in Vermont and need cash now, lawsuit lending may be the answer you’re looking for. You don’t have to repay us if you lose your lawsuit, and repayment never comes from your bank account, so you and your family are never left worse off than before your case.
Fill out the application form for a lawsuit loan in Vermont by clicking the Apply Now button at the top of the page. With help from Tribeca Lawsuit Loans, you can meet your needs while your attorney works for the compensation you are owed.