People who suffered injury because of someone else’s negligence and have a pending court case in Texas can get Texas lawsuit loans. These loans are a financial solution meant for plaintiffs who need money to cover regular expenses while they are in the middle of court proceedings. We provide quick and easy pre-settlement funding that is risk-free. You only have to repay if you win, and if you lose, our company will not ask for any kind of repayment.
Our cash advance can be used to pay for the litigation expenses and medical bills, or you can use the money to cover day-to-day expenses. We understand that an unwanted injury can keep you away from work, and in the situation of physical disability, losing a job can be devastating. You may already have filed a case against the offender, hoping to receive compensation. However, litigations have a reputation for dragging on, and you may have to wait for years to obtain a settlement.
Now, with the pre-settlement funding option available in Texas, you can have a financial backup, which can help you settle your bill until you receive a settlement. We can offer you anywhere between $1000 to $100,000 in legal funding. At ECO, you will find a very straightforward application process, and without any hassle, you can get up to 20% of your expected settlement right now and repay after you win the case.
Texas Lawsuit Loans Working Process
Before we understand the working method of lawsuit loans, let’s first briefly understand lawsuit loans.
Lawsuit loans, litigation funding, or settlement loans all work under the umbrella of pre-settlement financing. It is a financial tool designed just for the plaintiff (victim) and not for the defendant (offender). Using a lawsuit loan, a plaintiff can pay for legal fees such as attorney fees, medical bills, and other debt repayment. These cash advances are based on the strength of your case. The higher your expected settlement value will be, the higher the loan amount you can expect.
We are mentioning the term “loan” but it is not relevant to any traditional way of lending. Here, we don’t need any collateral or income proof to provide you with a settlement loan in Texas; we consider your pending court case as collateral and fund your case accordingly. So, the risk factor is limited to lawsuits only. Since your litigation is collateral, you will repay us if you win; if you lose, you won’t. Now that you understand Texas lawsuit loans better let’s walk you through how you can get funds for your lawsuit.
How To Get Settlement Loans In Texas?
To get a cash advance from our company, firstly, you must actively participate in a lawsuit where you are the victim who suffered damages. You are fighting a legal battle to get fairly compensated for your damages. Further, it would be best to have an attorney working on your case to get legal funding because your attorney’s consent will play a crucial role in determining whether you will get cash. If your attorney allows you to get lawsuit funding in Texas, then only we can provide you with one. Let’s understand the steps involved in getting settlement loans in Texas state.
- The first step is to apply for a cash advance by filling out our online application form. You must share your contact details, attorney contact details, case information, and the amount you need.
- After you submit the online application, our team will contact you and your attorney to understand the case. We will then do an in-house case evaluation. We will look for the case’s merit, the amount it can get, and the time it will take to settle. All these thorough evaluations will help us determine the loan amount we can offer. Based on the case strength, we can offer a settlement loan anywhere between a couple of thousand dollars and millions of dollars.
- Once our team approves your application, it will say that your case is strong enough to get a cash advance. We will inform you. The case evaluation generally takes a few days, sometimes it depends on the response of your attorney while they are sharing details with us.
- After approval, we will send an agreement stating all the funding terms, the cost of funding, the repayment terms, and so on. Once we receive the signed copy of the agreement from you and your attorney, we will send the money in less than 24 hours.
What Kind Of Lawsuits In Texas Are Allowed For Pre-Settlement Funding
In Texas, multiple types of cases are allowed to get pre-settlement funding. We can provide cash advances on car accidents, personal injury, mass tort, or commercial litigation cases. Further, some of the common cases we have funded in Texas include:
- Labor Lawsuit: If you are filing a lawsuit involving labor law, you must know now that resolving this case takes a long time. There is a huge chance that you are no longer receiving any salary. A lawsuit loan can help you pay your legal costs and personal expenses.
- Hernia Mesh Claims: There are many complaints regarding transvaginal mesh or faulty hernia mesh. It is usually because the mesh is defective, and they suffer complications. Even if the legal case is already resolved, it will still take long before the plaintiffs receive their monetary settlement. If you had to undergo another surgery, your medical bills would surely be expensive. You may be having difficulties keeping up with your expenses. Stop your problems from getting worse by taking hernia mesh pre-settlement loans in Texas.
- Tractor Trailer Accidents: A tractor-trailer accident can change the lives of the victims. Injuries and property damage can be severe. The victim can suffer from serious personal injuries and will need enhanced medical attention. The victim may require surgery and physical therapy. It will take months before the victim can recover. This will have a huge negative effect on the victim’s financial status. You can get tractor-trailer lawsuit loans to cover your expenses with ease.
- Car Accident Lawsuit: Auto accidents happen every day. The injuries caused by these accidents can only be minor, but there are times when they can get severe. While there is insurance, it’s not always enough to cover everything, especially if the injuries and damages are severe and will require expensive repairs and medications. Many people worry that they won’t have enough money if they are going to file a lawsuit. But our pre-settlement funding company can give you the right financial backup for your expenses.
- Slip & Fall Litigations: If you suffered slip and fall injuries because of someone else’s negligence and have a pending case against the offender, we can offer you a lump sum. We can fund your lawsuit if you suffered injuries due to a slip and fall in a Texas restaurant, commercial properties or shopping mall because of the negligence of property owner.
Several more cases can get lawsuit loans in Texas. To check the complete case types our company funds, check the list of cases we fund.
What Benefits Can You Get After Applying For Texas Lawsuit Loans?
As a widely expected way of getting cash against the lawsuit, pre-settlement funding is a financial backup for plaintiffs needing money urgently. In recent times, we have seen several personal injury cases being filed daily in courts because people are becoming more prone to accidents because of negligence. And lawsuits are becoming more expensive, and with loads of pending cases, you have to wait for years to receive compensation. In the meantime, a plaintiff has to survive, and money is required to keep up with the pending bills. Lawsuit funding is the solution that every plaintiff wants if they are eligible for it. Let’s understand how lawsuit loans are becoming so popular among plaintiffs who have ongoing cases and how they can also help you.
Easy To Get
Unlike traditional lending, such as bank loans or credit cards, we don’t need to check your credit history or employment status. If you have an ongoing lawsuit in the court of Texas state, where you are the plaintiff, you are eligible for a lawsuit. The application process is very simple, with not much paperwork, as most of the documentation will be handled by your attorney.
Risk-Free Funding Option
Lawsuit funding is a non-recourse financing option, making it the only risk-free option to raise money against your lawsuit. Since you need to pay only if you win, you can relax that your future settlement award can easily cover the litigation expenses you are facing right now. In fact, you are not raising any debt. Instead, you are using pre-settlement funding services to pay for the lawsuit now and repay after winning.
Avoid Settling For Less
Many times, a plaintiff gets frustrated because the lawsuit keeps on dragging, and they are left with no money to cover the litigation expenses. These are the delaying tactics that defendants generally use to force the plaintiff to settle for less. But now you can easily say no to lowball offers that you are receiving since now you have lawsuit loans in Texas, ready for your disposal to help you continue your case till the last. You can use the money to make the case strong and win a much higher settlement which you deserve.
Don’t Wait Until Settlement; Get The Money You Need Now!
It is worth your time and effort to get a Texas lawsuit loan. You will find that it can be very helpful in making sure that you meet all of your expenses while waiting for your settlement to come through. If your attorney says you have a good case and you have the money to pay for it, consider getting a lawsuit loan. This cash will make your life easy while recovering and tackling the legal battle. Now, you don’t have to wait till the final settlement to get the money; you can take a cash advance from us, and in exchange, you share a portion of your future settlement award with us.
If you want a lawsuit cash advance, please call us at 800.961.8924! We have an easy process of financing your lawsuit. Further, if you have any questions, our executives will guide you. We will gladly answer any concerns you might have about Texas lawsuit loans.