Tampa, Florida Lawsuit Loans

What Are Lawsuit Loans in Tampa, Florida

When you’re involved in a lawsuit, the financial burden can be heavy. A lawsuit loan, also known as pre-settlement funding, provides a solution. As an injured plaintiff, you’re able to access a portion of your future legal settlement right away to assist with day-to-day expenses while your case makes its way through the legal process.

Lawsuit loans are non-recourse advances. This means that only if you win your case, then you repay the funds. If you lose your case, you owe nothing. Our company, LawsuitLoans.io, extends these funds to plaintiffs with personal injury and other legal claims throughout Florida. More information is available on our Florida Lawsuit Loans page.

For instance, consider Kyle, a resident of Tampa, Florida. He was injured in a car accident and sustained significant injuries. Although he has a strong case, the court process is slow and he’s facing mounting bills. Kyle can’t work because of his injuries, and the bills are piling up. After hearing about our services, he decides to apply for a lawsuit loan.

Kyle visited the LawsuitLoans.io website and filled out the funding application. After submitting the application, our team reviewed his case and approved him for an advance. Kyle received the cash he needed to help him stay financially stable while his personal injury case was resolved. With the financial burden eased, he could focus on his recovery.

That is how lawsuit loans work, providing a financial lifeline for plaintiffs like Kyle waiting for a resolution to their legal cases.

Important Florida Lawsuit Loan Information

If you’re involved in a lawsuit and require immediate financial help, borrowing from LawsuitLoans.io could be an ideal solution. A lawsuit loan is a pre-settlement funding option that enables you to relieve finance-related stresses while waiting for your case to settle. Here we provide vital details about our lawsuit loans in Florida:

Common Case Types We Fund in Tampa

At LawsuitLoans.io, we fund various common case types in Tampa. We are proud to offer financial assistance to plaintiffs who’re waiting for the resolution of their legal cases. Below you will find an overview of the most common case types we deal with.

Auto and Other Roadway Accidents

We commonly fund auto and other roadway accidents cases. These include incidents where individuals suffer injuries due to car, truck, and motorcycle accidents or as pedestrians hit by vehicles.

Premises Liability

Premises liability is another case type we frequently fund. When property owners fail to maintain safe conditions on their property leading to accidents, we provide pre-settlement funds to victims.

Medical Malpractice

We also provide funding for medical malpractice claims. When healthcare professionals do not perform their duties correctly, causing harm or injury, we offer financial assistance while the case is being resolved.

Labor Law Claims

Labor law claims represent a significant portion of our funding focus. If you’ve been treated unfairly at work or if your rights as a worker have been violated, we are here to assist with pre-settlement funding.

Employment Claims

We also fund employment claims. Whether it’s wrongful termination, harassment, or discrimination at the workplace, we provide financial help until your case is resolved.

Other Personal Injury Claims

Lastly, we fund a range of other personal injury claims. Regardless of the specific circumstances, if you’ve been injured due to someone else’s negligence, LawsuitLoans.io can provide you with pre-settlement funds while you wait for the legal outcome.

Am I Eligible for a Lawsuit Loan in Tampa?

To receive a lawsuit loan in Tampa, there are certain criteria that you must meet. The main eligibility requirements are as follows:

1. You must have a valid legal claim. This claim can be against an insurance company, a self-insured company, or a large public entity.
2. You must be represented by an attorney. LawsuitLoans.io works with your attorney to understand the details of your case and calculate the loan amount.
3. You must be at least 18 years old. Lawsuit loans are not available to minors.

In addition to these primary criteria, there may be other factors that can influence your eligibility. For more information on whether you qualify for a lawsuit loan, visit LawsuitLoans.io or call their toll-free number at (866) 594-1343. You can also fill out an application at LawsuitLoans.io funding application.

Our Tampa Lawsuit Loan Process

If you’re a plaintiff waiting for your legal case to resolve, you may be facing financial pressures. That’s where a lawsuit loan can help. Here at LawsuitLoans.io, we’ve simplified the process into five easy steps to relieve that pressure.

Step 1: Apply Online

Your first step is to complete our online application. You can access it here. This process is designed to be hassle-free and quick.

Step 2: We Contact Your Law Firm

After submission of your application, we reach out to your law firm. We work with them to understand the details of your case. This helps us make a responsible decision about your lawsuit loan.

Step 3: We Review Your Case

Armed with the details from your law firm, we then carefully evaluate your case. We consider several factors such as the potential compensation amount and the level of risk involved in your claim.

Step 4: You Sign a Contract

When we approve you for a lawsuit loan, we’ll send you a clear, comprehensive contract. Read through it, sign it, and send it back to us.

Step 5: Get Funded

Once we receive the signed contract, your funds get transferred to you. You can use this money to meet any immediate financial needs while you wait for your case to resolve.

Let’s take a real life example. John is injured in a car accident. He is struggling to pay his bills since he can’t work due to his injuries. He applies for a lawsuit loan through LawsuitLoans.io. We contact his law firm and review the details of the case. Before long, John signs a contract with us and soon after, he gets funded! Now, John can focus on his recovery rather than worrying about his financial situation.

How Much Money Can I Get From my Lawsuit Loan?

Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.

Let’s look at an example. Imagine you are a plaintiff in Tampa involved in a car accident case with a $100,000 estimated value. The case is ongoing and will not settle for some time. As it typically happens, medical providers will get paid around 1/3 of the settlement, the attorney gets another 1/3, and you as the plaintiff get approximately $35,000. In this scenario, we could potentially advance around 25% of your portion, which amounts to $8,250.

How quickly can I get a pre-settlement lawsuit loan in Tampa?

When you have a lawsuit on your hands, waiting for the legal process to unfold can be an extensive process. This is considerably true if your lawsuit involves personal injuries, where you may need immediate funds for medical expenses, and living costs. At LawsuitLoans.io, we understand this urgency. That’s why we’ve made it our mission to provide fast pre-settlement lawsuit loans in Tampa.

So, how quickly can you get a pre-settlement lawsuit loan with us? The answer is faster than you might think. Once we receive your application, our team reviews your case diligently. The good news is: this isn’t a lengthy review process. We aim to make a decision within 24 hours.

Let’s break down how this works with a couple of examples:

Example 1: John Doe was involved in a car accident and had a strong legal case. He needed funding to cover his medical bills while he awaited resolution of his case. He applied for a pre-settlement loan with LawsuitLoans.io. His application was reviewed and approved within 24 hours, giving him the much-needed access to funds to meet his immediate financial obligations.

Example 2: Jane Smith had a slip-and-fall injury at a store due to negligent maintenance. She applied for a loan at LawsuitLoans.io to manage her rent and living expenses until her case settles. Her case was reviewed, approved, and funds were made available to her all within a day after applying.

In both examples, you can see how LawsuitLoans.io has helped plaintiffs like John and Jane get the funding they needed swiftly. We strive to provide similar quick funding solutions to all our applicants.

Pros and Cons of Pre-Settlement Funding in Tampa, Florida

Pre-settlement funding can be a lifesaver for many plaintiffs who have personal injury or other legal claims in Tampa, Florida. This type of funding has several clear benefits. The primary one being financial relief. It helps individuals bridge the gap between filing their lawsuit and receiving their settlement.

Another major advantage is early access to funds. Lawsuit Loans.io aids plaintiffs by providing funds while they await their legal case to resolve. This stops you from feeling pressured to settle early due to financial constraints. Additionally, the nature of these loans is non-recourse. Essentially, you are only obliged to pay back if you win your case.

Despite these advantages, pre-settlement funding also has its drawbacks. First of all, the interest rates can be relatively high compared to traditional loans. It is also necessary to point out that this is a generally unregulated or under-regulated industry. This is something to be cautious about when diving into this type of funding.

Last but not least, it must be mentioned that you need to have a well-developed case. An attorney working on a contingency basis is also required. Without these, your chance of getting pre-settlement funding becomes extremely thin.

Tampa Pre-Settlement Funding FAQs

Many residents of Tampa ask several questions about pre-settlement funding. Here, we address the most frequently asked ones:

How much does it cost to get a lawsuit loan?

The cost of a lawsuit loan depends on factors such as the amount sought for the loan and your specific case details. LawsuitLoans.io ensures you get the most competitive rates. Contact us on (866) 594-1343 to learn more.

Do I qualify for a lawsuit loan?

Lawsuit loans are typically available to plaintiffs who have a personal injury or other legal claim pending in court. To qualify, you’ll need to have an attorney representing you. Your eligibility is not based on personal credit or employment status.

If you have bad credit, can you get pre-settlement funding in Florida?

Yes. At LawsuitLoans.io, we care more about your case than your credit history. Even if you have bad credit, you can still qualify for pre-settlement funding in Florida. Our main concern is the weight and worthiness of your lawsuit.

Other Cities we Service in Florida

LawsuitLoans.io provides funding throughout Florida. See more about our funding in other key Florida cities by visiting the pages below:

• Jacksonville
• Miami
• Orlando
• St. Petersburg
• Hialeah
• Port St. Lucie
• Tallahassee
• Cape Coral
• Fort Lauderdale
• Pembroke Pines
• Hollywood
• Gainesville
• Miramar
• Coral Springs
• Palm Bay
• West Palm Beach
• Clearwater
• Lakeland
• Pompano Beach