At Tribeca Lawsuit Loans, we provide swift pre-settlement funding in the state of Wyoming at competitive interest rates, tailored specifically for those presently involved in personal injury lawsuits.
Are you looking to secure funds from your lawsuit? Depending on your injury lawsuit case’s worth, we can grant you a cash advance anywhere between $500 to $2,000,000. With high ratings and positive reviews from past clients, and a comprehensive presence throughout Wyoming, we’re a trusted name in the industry. We can even get you a cash advance in just 24 hours! Apply Now!
Our organization’s Lawsuit loans, alternatively known as case loans or lawsuit funding, are designed to cover any costs that crop up during the plaintiff’s lawsuit (your lawsuit), until you receive your rightful compensation from a successful trial verdict or settlement against the defendant. Many of our clients utilize the funds we distribute for needs like medical bills, rent or mortgage payments, utility bills, or even day-to-day expenses like food and transportation.
Don’t wait, secure your funding today! Reach out to our amiable and experienced team at (866) 388-2288 or connect with them through this quick online form for any questions or concerns about the pre-settlement funding process. No need to worry about credit checks or proof of income for our lawsuit settlement loans because you are not obligated to repay Tribeca Lawsuit Loans if your case does not prevail.
Three Steps To Your Cash Advance
Step 1: APPLY for Lawsuit funding in Wyoming now
Submit your application to us for funding. Our lawsuit loan application includes the following process:
- No credit check
- No income verification
- No asset evaluation
- No hidden fees
- No money up-front
Step 2: REVIEW
Our fast and proficient team will review your case. We support many different types of cases including personal injury, car accident, premises negligence, workers’ comp, class action and more.
Step 3: FUNDING
Tribeca Lawsuit Loans sends a contract detailing terms of funding. Cash is distributed quickly and securely.
Key Wyoming Legal Information
In Wyoming, Tribeca Lawsuit Loans average case funding varies but can go up to $2,000,000 depending on your lawsuit. The fault law followed here is the Modified Comparative Fault – 51% Bar (Wyo. Stat. § 1-1-109(b)). The statute of limitations is 4 years (Title 1, Ch. 3, Sec. 1-3-105).
Insurance Policy Limits
The minimum insurance policy limits are $25,000 bodily injury liability per person, $50,000 bodily injury liability per accident, and $25,000 property damage liability per accident. The minimum Underinsured Motorist (UIM) auto insurance limits are 25/50/20.
Workers’ compensation is eligible in Wyoming.
Funding Limitations and Disclosure
Lawsuit funding is legal in Wyoming, but Tribeca Lawsuit Loans won’t fund if you’re already receiving support from another company. Before providing funds, a lien is filed. All key details such as fees, rates, and repayment terms are disclosed in the funding contracts.
How Pre-settlement funding works
The process of obtaining pre-settlement funding or a lawsuit loan in Wyoming begins with the plaintiff, the individual or entity who is suing another party, known as the defendant. For example, a resident of Cheyenne, Wyoming, who has been injured in a car accident caused by someone else’s negligence, may face financial hardships and seek a lawsuit loan to cover medical expenses and living costs during the legal process.
The plaintiff initiates the application process with a trusted funding company, providing details about their case merits, such as a personal injury claim resulting from a workplace accident in Casper, Wyoming. They also disclose their legal representation, as the quality of their attorney or law firm can influence the funding company’s decision.
Once the application is submitted, it triggers the approval process. The funding company evaluates the strength of the case, the potential settlement amount, and the likelihood of a successful outcome. For instance, a plaintiff in Laramie, Wyoming, pursuing a civil rights case may face a longer litigation timeline due to the complexity of the issues involved, which can impact their eligibility and the loan amount.
Upon approving the application, the funding company determines the loan amount that the plaintiff can borrow against their potential settlement. Considerations include the case merit, such as a medical malpractice claim originating from a hospital error in Gillette, Wyoming, and the estimated settlement amount.
The approved loan is a non-recourse loan, meaning if the plaintiff loses their case, they are not required to repay the borrowed amount. This aspect of lawsuit loans introduces significant risk to the funding company, emphasizing the need for a thorough case review. For example, if a plaintiff in Sheridan, Wyoming, obtains a loan for a product liability lawsuit but does not succeed in court, they will not be obligated to repay the loan.
Terms of the loan, such as the interest rate and repayment terms, are then negotiated. The interest rate determines the rate at which the loan accrues cost over time. Additional fees, such as origination or processing fees, may apply, contributing to the total repayment amount. A plaintiff in Rock Springs, Wyoming, engaging in negotiations with the funding company, may secure favorable terms, such as a lower interest rate or reduced fees.
Once all terms are agreed upon, the funding company disburses the loan to the plaintiff. The speed at which the funds are provided can be crucial for the plaintiff, particularly in urgent situations such as a wrongful death case in Evanston, Wyoming, where the family requires immediate financial support for funeral expenses and ongoing living costs.
The process doesn’t end here. If the lawsuit results in a settlement, the plaintiff must adhere to the agreed-upon repayment terms, returning the principal loan amount, interest, and any associated fees. For instance, a plaintiff in Jackson, Wyoming, who successfully resolves their personal injury lawsuit, will need to repay the loan according to the agreed-upon schedule.
Throughout this process, various legal and ethical considerations arise. Plaintiffs must consider the implications of borrowing against a future settlement and how it may impact the litigation process. Additionally, understanding the terms of the loan agreement is crucial for both parties involved. For instance, a plaintiff in Cody, Wyoming, must ensure that the loan agreement does not compromise their ability to pursue the case fully and achieve a fair resolution.
In conclusion, obtaining a lawsuit loan is a complex process involving the plaintiff, their case, and the funding company. It encompasses the application and approval processes, risk assessment, negotiation of terms, loan disbursement, and eventual repayment. Lawsuit loans serve as a vital financial bridge for individuals in Wyoming, allowing them to manage expenses while they await the resolution of their legal battles, whether it’s in Cheyenne, Casper, Gillette, or any other city in the state.
Who Can Get a Lawsuit Loan in Wyoming?
As long as you are the plaintiff or claimant in a lawsuit, you likely qualify for a loan (also known as pre-settlement funding or a lawsuit cash advance). We’ve helped fund cases like:
- Personal injury lawsuits
- Car accident claims
- Labor or employment law violations
- Whistleblower or Qui tam cases
- FELA railroad worker injury claims
How Much Your Lawsuit Loan Is Worth
Different clients may qualify for different levels of funding. We base our lending decisions NOT on your personal financial information or credit history, but on the details of your lawsuit. That’s because repayment comes solely from your eventual settlement or compensation package.
Factors that affect how much your lawsuit loan is worth include:
- Your total damages for which you are suing
- Jury awards in similar cases in the past
- The estimated length of your lawsuit (i.e. how long it will last before you get your money)
- Any issues related to fault or liability that may affect your compensation
Are Lawsuit Loans Safe?
We provide only the safest form of funding to Wyoming residents: non-recourse loans. This form of lending protects you from personal liability, meaning that we can’t touch your bank account or personal finances. We also cannot seize any of your property – the most we can take as repayment is the agreed-upon portion of your compensation package.
Here’s the best part: you do not pay us back at all if you lose your lawsuit! There’s no risk to you and you won’t end up in a worse financial situation than when you started. You’ve got nothing to lose and up to $1 million in Wyoming lawsuit loans to gain.
Get Your Money In as Little as 24 Hours After Approval
Ready to start the journey to the money you need? Fill out the FREE form on our Apply Now page. After you are approved, we can have up to $1 million in your bank account in as little as 24 hours, depending on the facts of your case.
Call the Tribeca Lawsuit Loans team at (866) 388-2288 if you’d like to speak with a team member before applying or have a question about your existing application.
What is the civil lawsuit process typically like?
- Initiation: The plaintiff files a complaint against the defendant, outlining their claims and allegations.
- Response: The defendant responds to the complaint, either admitting or denying the allegations.
- Discovery: Both parties exchange information and evidence relevant to the case.
- Pre-Trial Motions: Either party may file motions to resolve legal issues before the trial.
- Trial: The case is presented in court, and a judge or jury makes a decision.
- Post-Trial Motions: Parties can file motions to challenge the trial’s outcome or seek further relief.
- Appeal: Dissatisfied parties can appeal the decision to a higher court.
- Enforcement: If the judgment is in favor of the plaintiff, they can take steps to enforce it.
Does it matter how I spend the pre-settlement funding?
Pre-settlement funding serves as a financial lifeline for individuals who require monetary help during the course of a personal injury case. Interestingly, there aren’t any strict directives on how one can utilize this funding. Typically, pre-settlement funding is employed for various purposes, spanning from clearing off accumulated debt to meeting routine living expenses. It’s also frequently used to manage mortgage or rent payments. The absence of specific guidelines offers the beneficiaries significant flexibility in managing their finances while they navigate through their legal battles.