Vancouver lawsuit loans can provide you with the money you need to keep up your fight for the maximum settlement. Lawsuits in Washington are expensive, and few people have the financial resources needed to fight a long one.
The typical settlement negotiations can drag on for months, and many cases even take years to resolve. With pre-settlement funding in Vancouver, you’ll get to use some of the money from your future settlement right now, at no risk to your own finances.
What Is a Vancouver Lawsuit Loan?
A Vancouver lawsuit loan allows you to borrow against the expected value of your settlement to pay for expenses that you face now. A lawsuit could take months or even years to settle or successfully litigate. You could face immense financial pressure to accept a lesser award, especially in the face of mounting bills and lost income from your damages.
A lawsuit loan treats your settlement just like any other asset and allows you to borrow against it. Once you win your settlement, you’ll repay your lawsuit loan from your award. However, if you lose your case, you won’t repay anything, and if your award is less than expected, you won’t pay back more than you owe.
How Do I Get a Lawsuit Loan in Vancouver, WA?
The process for obtaining a Vancouver, WA, lawsuit loan is surprisingly simple. First, you’ll apply with a legal funding company. Then, they’ll take a look at the merits of your case and determine how much legal funding they’re willing to offer. Once they’ve done this, they’ll make a determination as to the amount of legal funding they’re willing to offer you.
There are no credit checks necessary to obtain Vancouver pre-settlement loans and you don’t need to submit to employment verification. All legal loans are offered on a nonrecourse basis, which means your personal finances have no impact whatsoever on your odds of getting approved. This makes it easier to obtain a lawsuit loan than some other forms of financing.
Are Lawsuit Loans Legal in Vancouver?
Lawsuit loans, also known as pre-settlement legal funding, are legal in Washington state. However, there’s very little regulation around them, meaning you’ll want to research potential lenders before choosing one. A reputable legal funding company will have plenty of reviews you can see and a long history of serving clients in your area.
It also helps to shop around to find the best deal for your Vancouver legal funding. A legal funding company with your welfare at heart won’t charge you a high, compound interest rate. Instead, you’ll face a low, simple interest rate at most, allowing you to take home much more of your settlement.
What Types of Cases Are Covered By Vancouver Lawsuit Loans?
Vancouver lawsuit loans can be used to cover the expenses you might face during a wide variety of lawsuits, including the following:
- Car accidents
- Personal injury cases
- Labor law violations
- Employment disputes
- Slip and fall injuries
- Premises liability
- Defective devices
- Medical malpractice
- Nursing home abuse
- Wrongful death
Washington settlement loans can be used for just about any type of litigation you may be involved in against an insured party. Get in touch with us if you want to know if your case can be covered.
How Much Legal Funding Can You Get?
The amount of legal funding available to you will ultimately depend on the quality of your case. Lawsuits that can be challenging to win carry more risk for the lender, which may leave you with less legal funding or a higher interest rate. Typically, if you find that you need more legal funding as your case progresses, you can apply for more with your same lender.
Apply for a Vancouver Lawsuit Loan Today
Tribeca Lawsuit Loans can offer you up to $1 million in Vancouver pre-settlement funding that can be delivered to your account in 48 hours or less. Apply today and you could be approved for a lawsuit loan in as little as a few hours. We make the application process simple and easy to complete to get our clients their money when they need it most.
Simply contact our office today and we can answer any questions that you might have about your legal funding options. We know how hard it can be to find the financial assistance you need to get the justice you deserve. We aim to provide it for you at a better price than you’ll find anywhere else.