Get a Lawsuit Loan on Your Pending Case
Fast Cash Advances on Lawsuits
Pre Settlement Loans For Lawsuits
Affordable And 100% Risk-Free To You
Have a Lawsuit? Need Money TOMORROW? Get From $500 To $500K in 24-48 Hours. Rates Start At 1.25%. Repay Only If You Win Your Case!
Loans for Lawsuits; Who Knew?
What Kind of People Need Legal Loans?
The combination of mounting expenses, reduced income, past due bills, bad credit & dwindling options can be a back-breaker for many plaintiffs. They start bugging their attorney to take whatever they can get - which, not surprisingly, can be pennies-on-the-dollar. The trouble is, many defense attorneys bank on it and purposely build delay tactics into their overall strategy to make that scenario more likely.
YOU COULD GET CASH IN 1 TO 2 DAYS!
|You ONLY repay if you win your case|
|No monthly payments required|
|No payment if your case doesn't settle|
|Approval process is FAST & EASY|
|Low rates: Best Deal Guarantee|
|No payment until your case settles|
|No up-front or out-of-pocket expenses|
|We don't interfere with case management|
|Bad credit doesn't matter|
|Your attorney does not co-sign|
Lawsuit Settlement Loans:
Powerful Financial Options for Plaintiffs Involved In Serious Personal Injury Lawsuits
What Lawsuit Loans Are ... And Are Not
For starters, a lawsuit loan, technically speaking, is not a loan at all; it is a non-recourse, outcome-contingent cash advance secured by the anticipated future value of a pending civil court legal action. Lawsuit loans are just one of the more common names that people use when they are trying to describe legal funding.
A lawsuit loan is a non-recourse cash advance that can be for any amount up to about 10% of the anticipated net value of a future personal injury or other type of lawsuit settlement.
People commonly refer to lawsuit loans by a lot of different names such as settlement loans, legal loans, litigation loans for lawsuits, lawsuit financing, litigation finance, or just settlement cash advances. Lawsuit loans also refer to law firm financing, fee acceleration and attorney funding.
The reality however, is that despite what you call it, there are a number of important distinctions between a regular bank loan or home equity loan and a lawsuit loan.
Differences Between Lawsuit Loan & Bank Loan
It's all just money so who cares what you call it, right?
Well, not exactly. Non-recourse lawsuit settlement loans, incorporate some very unique and powerful features and benefits that regular bank loans, personal loans, home equity loans and credit card cash advances are simply not able to compete with.
The most important requirements to qualify for a lawsuit loan is that you must have been seriously injured due to someone else's negligence, you must be represented by a contingent fee attorney and you must be able to show strong liability against an insured defendant. That's because repayment of a lawsuit settlement loan is fully dependant upon the successful outcome of your lawsuit. Thus, if you win your case, lawsuit loan companies get paid back. If you lose, they don't get paid anything. That's important from an investment standpoint because no company could stay in business by consistently losing their investment dollars on low-quality cases.
Here are some other important differences:
Bank loans are credit-based which means the borrower must have good credit to even qualify. For a litigation loans, plaintiff credit score is irrelevant and bad credit is a non-issue.
Bank loans often charge up-front fees and in some cases, points and closing costs. Lawsuit loans do not have any up-front or out-of-pocket fees or costs.
Bank loans require the borrower to meet specific income and employment requirements. Lawsuit settlement loans do not have any income or employment requirements.
Bank loans always include a legal obligation to repay the amount borrowed in addition to a pre-determined rate of interest, on a predetermined repayment schedule with a specific pre-determined payoff date and if you miss any payments the loan goes into default and you are assessed additional fees and penalty charges. A lawsuit settlement loan requires no monthly payments and instead, simply gets paid off whenever the case settles along with any other liens on the case such as attorney fees, medical bills, case costs, etc.
Bank loans require security or collateral, usually in the form of real estate, and include specific remedies in case of default - namely the forfeiture of the collateral placed as security. Legal loans require only a lien against a portion of your future lawsuit settlement proceeds - identical to the lien placed for the payment of medical bills, attorney fees, case costs, etc. Important Note: Lawsuit financing liens are ALWAYS subordinate to your attorney's lien for fees, case costs, etc.
Bank loans MUST be paid back no matter what. A lawsuit settlement loan ONLY gets repaid if you win your lawsuit or it settles successfully. Obviously we're not in the business of making advances where we know we're going to lose money, but if you lose or your case doesn't settle, you are under no obligation to repay the advance. It is this non-recourse feature, along with all the other flexible benefits, that ultimately make a lawsuit cash advance far superior to bank loans, home equity loans, personal loans, credit card advances, payday loans and many other types of full recourse loans.
How Does a Lawsuit Loan Work?
TriMark Legal Funding LLC can provide plaintiffs with law suit loans on their serious personal injury lawsuit, often in as little as 1 to 2 business days. It's fast, free and easy to apply and with no credit checks, no income or employment requirements, no monthly payments and no up-front or out-of-pocket costs, our lawsuit settlement funding is 100% RISK-FREE for plaintiffs, PLUS you only repay the advance if you win your case. If you lose your case or your case doesn't settle, YOU OWE US NOTHING!
Litigation loans are an excellent financial option for individuals who have exhausted all other options. Lawsuit lending can be thought of as "financing of last resort". We maintain relationships with a wide variety of private and institutional lawsuit funding companies across the country. Each law suit loan provider has their own specific preferences with regard to the types of tort cases that they like to invest in. Intimate knowledge of those preferences, combined with our high volume, is why TriMark Legal Funding LLC can offer the most competitively priced lawsuit settlement loans in the business.
Legal loans can help you turn the tables on the defendant and give you enough money to hold out for the largest, most appropriate settlement your attorney can negotiate.
Fast, affordable and 100% risk-free; so what are you waiting for?