Anyone injured in an accident and trying to fight for compensation in court knows that a personal injury case could take years to resolve. While you await your settlement or jury award, you’re left with mounting financial burdens – especially if you’ve suffered a loss of income.
If you’re facing a personal injury lawsuit, legal funding can help you avoid the financial hardship that could cause you to settle for a smaller amount of final compensation. With a lawsuit loan in Spokane, you can also give your lawyer the necessary time to ensure just compensation.
What Are Some Advantages of Pre-Settlement Legal Funding?
Fighting for yourself in court is expensive. And if you’ve had an accident, you could feel like you need to settle for less just to pay your bills. Third-party legal funding is a way that you can avoid this situation. Instead of waiting on your settlement to cover your bills from the accident, any lost income, and your ongoing living expenses, you can obtain all of this money upfront.
Pre-settlement funding also removes the risk from your settlement case. You can lock in the amount you’ll receive without having to gamble on the outcome of your case and whatever life may throw at you in the months or years it takes to be resolved.
How Much Legal Funding Can You Qualify for in Spokane?
Washington follows a pure comparative fault doctrine, under which both parties of a lawsuit can be held to blame for the damages, albeit in different proportions. This means that if you’re waiting on a settlement in Spokane, you may only get a fraction of what you could be expecting in a scenario where the defendant is entirely at-fault.
The expected value of your case will be taken into account by a legal funding company to determine the likely size of your settlement, and thus the amount of pre-settlement funding they will make available to you. With a Spokane lawsuit loan from us, you can qualify for up to $1 million in pre-settlement legal funding upon the approval of your application.
What Cases Do Spokane Lawsuit Loans Cover?
If you’re waiting on a settlement, you can likely receive our funding coverage. You can obtain a lawsuit loan in Spokane from us for a wide variety of cases, including the following:
- Personal injury
- Car accidents
- Slips and falls
- Labor violations
- Employment disputes
- Product liability
- Medical malpractice
- Jones Act
- Whistleblower and qui tam
Your legal funding can be used to cover expenses such as medical bills, your mortgage or rent payments, replacing property damaged in an accident, or covering basic living expenses. There’s no restriction on what you can spend your money on – once it’s yours, it’s yours.
Is Legal Funding Safe and Legal?
If you’re not familiar with legal funding, you could be wondering if it’s safe, or even legal. The answer to both is yes: legal funding is safe and legal. The legal funding industry is largely unregulated, but we follow the highest ethical practices.
Our clients don’t face predatory terms and aren’t even obligated to pay back the money they receive from us if they lose their case. Once you get money from us, it’s yours to keep with no strings attached.
How can that be? It’s simple—while legal funding is technically a debt, the IRS categorizes it as non-recourse. This means that your personal finances can’t be used to repay it, only whatever money you receive from your lawsuit can.
Legal funding is actually a form of investment that we take on, along with the risk of your case. If our investment pays off and you win, so do we. But if you don’t win, we absorb those losses and you don’t have to pay anything.
Get Spokane Lawsuit Financing to Help With Your Case
If you’re waiting on a settlement, you’ll need financial muscle to fight for everything you deserve. At Tribeca Capital Group, we can provide up to $1 million in a Spokane lawsuit loan within 24 hours of your application being approved.
We serve clients throughout the Spokane area and can provide you with the financial resources necessary to fight for what you deserve, all at no risk to you. And we cover a wide variety of cases and have a fast and simple approval process.
No credit check is needed – your funding is determined by the merits of your case and nothing else. Contact us to get the pre-settlement legal funding you need today!