If you are in the middle of a lawsuit, you may end up waiting for months or even years before you get the compensation you deserve. Unfortunately, bills rarely wait. The opposing side in your lawsuit will try to delay proceedings so that you become desperate enough to settle for less than your damages are worth.
However, lawsuit loans can help you draw a portion of your eventual settlement or compensation package into the present.
Ready to receive up to $1 million to pay for all your current expenses? Apply Now for a Wisconsin lawsuit loan today for FREE. If you want to speak with a team member about the lawsuit loan process, call Tribeca Lawsuit Loans at (866) 388-2288.
Are Lawsuit Loans Legal in Wisconsin?
Yes! Litigation funding, legal funding, lawsuit loans, pre-settlement funding—whichever term you use, it’s perfectly legal to provide funds to plaintiffs in lawsuits. However, Wisconsin became the first state to pass specific legislation about the disclosure of lawsuit lending back in 2017.
According to Wisconsin Act 235, claimants must disclose to the opposing party the identity of a third-party lender who stands to be repaid out of the eventual compensation package. In other words, it’s important for you and your attorney to let the other side know about your pre-settlement funding arrangement.
Tribeca Lawsuit Loans always operates according to local, state, and federal lending laws as well as industry standards.
What Determines the Amount of Your Wisconsin Lawsuit Loan?
Your lawsuit loan is repaid directly out of your compensation package at the conclusion of your lawsuit. Therefore, we determine the amount we can provide based on information about your case rather than your personal finances. Details that factor into our determination include:
- Your likely settlement or jury award amount
- The expected duration of your lawsuit
- The overall strength of your case
Additionally, Wisconsin has a contributory negligence law by which your compensation package is reduced according to the percentage of blame attributed to you. If you are found 10% negligent in your case, your compensation is reduced by 10% as well. Therefore, the amount of fault attributed to you can also impact how much we provide in a lawsuit loan.
Apply Today for FREE to Get Your Wisconsin Lawsuit Loan
Tribeca can provide up to $1 million in funding to clients in need. You only repay us out of your compensation package, and you only have to repay us if you win your lawsuit! There is no risk to you, and applying is completely FREE.
Click the Apply Now button above to get started or call our office at (866) 388-2288 for assistance.