Corpus Christi, Texas Lawsuit Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
Apply in Seconds
What Are Lawsuit Loans in Corpus Christi, Texas?
Lawsuit loans, also known as pre-settlement funding, offer financial support to plaintiffs awaiting the conclusion of a legal claim. If you’ve been injured and are in the midst of a legal battle, a lawsuit loan can provide you with immediate funds. This is not a traditional loan, but a non-recourse cash advance on your future legal settlement. In other words, repayment is contingent upon the successful resolution of your case.
At LawsuitLoans.io, we provide funding to claims throughout Texas. For more information regarding our services in the Lone Star State, check out our main Texas Lawsuit Loans page.
To help illustrate how this process works, let’s use a hypothetical situation. Imagine that Joseph, a resident of Corpus Christi, was in a significant car accident. While pursuing a personal injury case against the at-fault driver, he’s unable to work due to his injuries. His bills are piling up, and his lawsuit is still unresolved. Joseph applies for a lawsuit loan through LawsuitLoans.io.
After assessing his case, LawsuitLoans.io approves his application and provides him funds against his future settlement. Joseph uses these funds to cover his living expenses while waiting for his lawsuit to settle. Once the case settles, and only if it does so in his favor, Joseph repays the lawsuit loan from his settlement proceeds. Should his case not succeed, he has no obligation to repay the advanced funds.
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
Important Texas Lawsuit Loan Information
This section provides key details about lawsuit loans in Texas. Below is a table that gives insights into loan amounts, rates, and other critical factors related to lawsuits in Texas. It’s essential to have this information as it assists you in making informed decisions.
|Average loan amount by LawsuitLoans.io in Texas||$10,473.47|
|Largest loan by LawsuitLoans.io in Texas||$182,596.60|
|Average semi-annual rate in Texas||21.1%|
|Median personal injury verdict in Texas||$12,281.00|
|Texas statute of limitations||2 Years; Civ. Prac. & Rem Code Title 2 Ch. 16 Section 16.003|
|Texas fault laws||Texas is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages.|
|San Antonio population, 2020||317,863|
Get up to $500,000 with rates as low as 2.5% simple, monthly
Common Case Types We Fund in Corpus Christi
At LawsuitLoans.io, we offer financial support to plaintiffs with a wide range of pending legal claims. Here are the most common case types we fund:
Auto and Other Roadway Accidents
These accidents include but not limited to car crashes, truck accidents, motorcycle incidents, and pedestrians hit by vehicles. If you’re an injury victim waiting for your compensation, we can help ease the financial stress.
This refers to injuries that occur due to unsafe or defective conditions on someone’s property. Examples include slip and fall cases, swimming pool accidents, and dog bites. We provide funding while you wait for your case to reach settlement.
If you suffer injury or loss due to a healthcare provider’s negligence making mistakes in diagnosis, treatment, aftercare, or health management, we can provide you with the funds you need until your case is settled.
Labor Law Claims
If you get injured at work or if your employer did not fulfill their legal obligations, we provide pre-settlement funding. This will help you cover your expenses as you wait for a fair legal outcome.
Claims related to unfair dismissal, harassment, discrimination, unpaid wages or benefits. We can provide financial assistance, so that you can focus on winning your case.
Other Personal Injury Claims
Any other claims that result from damage or harm to a person, whether from a product defect, wrongful death, police brutality, or other personal injury. Our pre-settlement funding services offer financial help during this daunting time.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your savings and cost when you choose LawsuitLoans.io. While we sometimes offer interest rates as low as 2.5%, our calculator assumes an interest rate of 2.9%. This calculator is illustrative – please contact us for an instant, written quote for your request.
Months Until Settlement:
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible for a Lawsuit Loan in Corpus Christi?
Before diving into the details, it’s important to understand the basic eligibility criteria for lawsuit loans. The most crucial points that qualify you for a lawsuit loan are as follows:
- Having a valid legal claim: This is the first and foremost requirement. Your lawsuit must have enough merit to stand against either an insurance company, a self-insured company, or a large public entity.
- Having legal representation: A competent attorney representing your case is a must. The attorney will play a critical role throughout the process of your lawsuit loan.
- Being 18 years old or older: Being an adult is the final criterion for eligibility. You must be at least 18 years old to be able to apply for a lawsuit loan.
If you meet these three primary criteria, you might just be eligible to take out a lawsuit loan with LawsuitLoans.io!
Apply today and get funds as soon as the same day you apply!
Our Corpus Christi Lawsuit Loan Process
Understanding how lawsuit loans work is a crucial step in accessing necessary funds during the pendency of a legal case. At LawsuitLoans.io, we strive to keep the process simple and efficient for our clients. Here is a brief rundown of the main steps involved:
- Apply Online: The first step to get a lawsuit loan is to submit an online application. This can be done at any time and anywhere from our website.
- We Contact Your Law Firm: After receiving your application, we will contact your law firm to gather additional information about your case.
- We Review Your Case: Our team of experts will then review your case carefully. The purpose of this step is to assess the strength of your claim and its potential return.
- You Sign a Contract: If your case qualifies for a lawsuit loan, we will send you a contract. This contract will outline the terms of the loan, including repayment conditions and fees.
- You Get Funds: Once you sign and return the contract, the funds will be sent to you. Depending on the method of delivery, it can take up to 24 hours for you to receive your funds.
To illustrate this process, let’s consider an example. John was involved in a car accident and is pursuing a legal claim. While waiting for his case to resolve, he has mounting bills and expenses. He applies for a lawsuit loan through LawsuitLoans.io. Within days, we review his case, decide to approve his request, send him a contract, and upon his acceptance, deliver the funds directly into his account. This quick and streamlined process allows John to focus less on his financial strain and more on his legal case.
How Much Money Can I Get From my Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. The amount you can get is typically up to a maximum of 25% of your expected portion of the settlement if your case is ongoing. For settled cases, this could be up to 50% of your anticipated portion.
To give an example, let’s imagine that you are a plaintiff from Corpus Christi involved in a car accident with an estimated case value of $100,000. Your case is still ongoing and might take a while before settling. Assuming medical providers receive around 1/3 of the settlement (approximately $33,333) and your attorney takes another 1/3 (also $33,333), you would receive the remaining amount, which will be around $35,000. In such a scenario, we can advance approximately 25% of your expected portion, or around $8,750.
Get $500 – $100,000 as soon as today
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same day you apply with us.
How quickly can I get a pre-settlement lawsuit loan in Corpus Christi?
If you are a plaintiff with a valid legal claim in Corpus Christi, and initial funding is crucial to meet your immediate needs, LawsuitLoans.io is here to assist you. The company offers reliable and efficient pre-settlement funding that seeks to ease your financial burdens while your case is still pending.
After making your application through LawsuitLoans.io funding application, the expert review team at LawsuitLoans.io then evaluates your case to ensure it is eligible for a pre-settlement lawsuit loan. They know how critical time is in such circumstances – henceforth, they guarantee a decision within as little as 24 hours!
For instance, if you have an ongoing medical malpractice suit or personal injury claim in Corpus Christi and you’ve just submitted your application, you don’t have to wait for weeks to know the result. You can get your funds in a day, after LawsuitLoans.io makes a final decision on the application.
Thus, LawsuitLoans.io is not only convenient but also fast, placing a high priority on plaintiffs’ needs and ensuring finances do not stand in the way of their pursuit of justice. Feel free to call them anytime at (866) 594-1343 if you have any questions or need further assistance with your lawsuit loan application.
Remember, LawsuitLoans.io is committed to helping you navigate your legal journey with minimal stress and maximum speed.
Pros and Cons of Pre-Settlement Funding in Corpus Christi, Texas
Pre-settlement funding can be very helpful, especially if you have been injured and are waiting for a legal judgment. There are several benefits to taking advantage of such funding. These benefits include financial relief, the opportunity for early access to funds, avoiding pressure to settle your case early, and the non-recourse nature of lawsuit loans.
However, pre-settlement funding also comes with some costs or drawbacks that should be considered. For one, they often come with relatively high interest rates. The industry is generally either unregulated or under-regulated, which can lead to additional challenges or risks for borrowers. Further, to qualify for pre-settlement funding, you typically need to have a well-developed case with an attorney who is working on a contingency basis.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Corpus Christi Pre-Settlement Funding FAQs
For those living in Corpus Christi, Texas, who are navigating the legal system, we understand you may have some questions about pre-settlement funding. Here, we will look to address a few commonly asked questions including costs, qualification, and the impact of credit status on your ability to secure a lawsuit loan.
How much does it cost to get a lawsuit loan?
The cost of getting a lawsuit loan varies depending on the specifics of your case. LawsuitLoans.io ensures transparency with our pricing structure, providing clients with a clear understanding of what they’re paying for. The exact rate will be determined after evaluating the strength of the case and the risk involved in funding the said case.
Do I qualify for a lawsuit loan?
Eligibility for a lawsuit loan largely depends on the circumstance of your case. If you have a valid claim, and your attorney agrees to cooperate with us, then there is a high likelihood that you will qualify for a lawsuit loan. However, final decisions are made only after an evaluation of each individual case by professionals at LawsuitLoans.io.
If you have bad credit, can you get pre-settlement funding in Texas?
Yes, at LawsuitLoans.io, your credit score does not play a factor in determining your eligibility for pre-settlement funding. Our decision is based solely on the merits of your case. Thus, even if your credit score is less than perfect, you may still qualify for a lawsuit loan as long as you have valid legal claim.
Other Cities we Service in Texas
LawsuitLoans.io provides funding throughout Texas. See more about our funding in other key Texas cities by visiting the pages below:
Apply today and get funds as soon as the same day you apply!