One of the unfortunate realities of lawsuits is that they take a long time to resolve before the injured person can get the money they deserve. Luckily, lawsuit loans can help plaintiffs like you get the finances you need to cover expenses in the here and now.
You can start the process by heading over to our Apply Now page. Fill out the form with information related to your case. Once approved, we can have the money in your bank account in as little as 24 hours! Got questions? Call our office at (866) 388-2288.
Why You Need a Virginia Lawsuit Loan
Legal funding is a safe way to get the money you and your family need in the short term while you wait for your case to resolve. Unlike other forms of lending, this type of pre-settlement funding is non-recourse, meaning your finances are protected.
- We are not repaid out of your personal bank account.
- We cannot seize your property as payment.
- You don’t have to pay us back if you lose your lawsuit.
Instead, Tribeca takes on all the risk in this situation. We believe that you shouldn’t have to worry about being worse off after your lawsuit when you were the one who was harmed by the other party’s actions.
How a Virginia Lawsuit Loan Can Help You
Insurance companies aren’t on your side. One of the most common ways they try to cheat personal injury victims out of a fair settlement is by delaying the negotiations process and prolonging the time it takes to receive financial compensation. More plainly, the insurance company will try to leave you high and dry until you finally relent to a settlement on their terms.
While you’re injured, your financial obligations do not suddenly cease. Your injuries may prevent you from working or making ends meet sufficiently. With the money you get from a Virginia lawsuit loan, you can continue to focus on your recovery and winning a settlement knowing that your financial needs are covered.
Virginia Lawsuit Loan Eligibility
To be eligible for a lawsuit loan in Virginia, you don’t need much. All we require is the following information:
- Details surrounding your injury and accident (e.g. how it happened and the severity of damages)
- How much money you need
- Your information and your lawyer’s information
As mentioned above, lawsuit settlement loans in Virginia are non-recourse. This is precisely why we don’t require you to submit other personal information, unlike traditional recourse loans from a bank. You don’t need to submit a credit check, provide pay stubs, or other financial documentation.
Is Legal Funding Against the Law in Virginia?
Not at all. In fact, there is very little regulation on lawsuit loans in Virginia. While that may give some potential clients pause, Tribeca provides funding across a wide range of states. That means we know the best practices, are able to abide by more restrictive legislation and can ensure that you receive ethical, fair treatment.
Remember, when it comes to important and sensitive financial matters such as a Virginia lawsuit loan, you’ll want to get help from a reputable financial provider such as Tribeca. For years, we’ve helped countless personal injury victims get the money they need while fighting for their settlements.
How Much You Can Get as a Lawsuit Loan
The amount you receive depends on several factors. Tribeca has provided up to $2 million to clients in the past, but the exact amount is directly related to your lawsuit. These are some of the items we consider when deciding on the amount we can provide:
- Your total damages
- Your expected settlement amount
- Previous jury awards for similar cases
- The duration of your lawsuit (estimated)
Also, you should know that Virginia has a pure contributory negligence standard. According to Virginia Code §8.01-34, most civil suits do not allow you to recover compensation if you are found to be at all responsible for your injury. Even slight misconduct or liability on your part may be enough to waive your right to receive compensation.
In states with a pure contributory negligence standard, it can be difficult to secure a lawsuit loan. Many legal funding companies refuse to serve these markets altogether, as is evidenced by the difficulty in obtaining North Carolina settlement loans, a state that follows the same contributory negligence doctrine as Virginia. However, we can still serve you at Tribeca Lawsuit Loans.
Types of Cases We Fund
Tribeca helps plaintiffs in a variety of litigation situations. We have supported clients during cases like:
- Car accident claims
- Product liability lawsuits
- Defective drug litigation
- Medical malpractice
- Whistleblower or qui tam lawsuits
- Mass torts
- Wrongful death
At Tribeca, you do not need to stress about how or why you were injured. As long as you filed a claim against the negligent party and are actively pursuing financial compensation, our team of financial experts will look at all applications for Virginia personal injury lawsuit loans.
No Restrictions On How to Use Your Money
One of the best benefits you can get from our Virginia lawsuit loans is the freedom to use the funds however you wish.
You can put your money towards any type of financial obligation you have, including:
- Medical expenses (prescriptions, hospital visits, emergency room visits, etc.)
- Rent or mortgage payments
- Living expenses (utilities, groceries, etc.)
- Repairs or replacements for personal property damages
At Tribeca, we aren’t concerned with how you spend your money, just that you use it to help you get through this financially challenging time.
Get Your Money Fast
Apply for a Virginia lawsuit loan today by filling out the form on our Apply Now page. You can call our office to speak with a friendly representative by dialing (866) 388-2288. We look forward to helping you achieve justice.