“It’s not uncommon for workers to need financial help during a pending lawsuit because they have accrued substantial medical expenses, or they can’t work due to their injuries and are struggling with that loss of income.”
LOS ANGELES (PRWEB) August 04, 2022
Tribeca Capital Group, LLC, which specializes in legal funding for clients in pending lawsuits, now offers assistance to workers adversely affected either on or off land.
The new program is aimed at plaintiffs suing under the Jones Act or the Federal Employer Liability Act (FELA). The Jones Act applies to maritime workers, while FELA applies to railroad employees. Both federal laws allow workers injured on the job to claim their employers were negligent and sue for damages.
With this program from Tribeca Capital Group, these plaintiffs can receive much-needed funds with a partial advance on their eventual settlement compensation package. Legal funding typically ranges from $500 to $1 million, depending on the individual client and the specific circumstances of their case.
“Careers in the maritime and railroad industries can be high risk, and on-the-job injuries may be severe and debilitating,” said Rory Donadio, CEO of Tribeca Capital Group. “It’s not uncommon for workers to need financial help during a pending lawsuit because they have accrued substantial medical expenses, or they can’t work due to their injuries and are struggling with that loss of income. Legal funding offers valuable support for everyday financial obligations such as rent or groceries, or the money can be used to pay off larger debts until the lawsuit is resolved.”
All legal funding from Tribeca Capital Group comes in the form of simple interest, non-recourse loans, which are eventually paid back from money received in the final lawsuit settlement. That means clients only pay one rate throughout the life of their loan, and the funding agreement has no impact on a client’s personal finances. Applying for lawsuit funding is free, and clients don’t have to pay back the money if they lose their case.
Plaintiffs involved in a Jones Act or FELA lawsuit are urged to contact Tribeca Capital Group to learn more about lawsuit funding by calling (866) 388-2288 or visiting https://tribecalawsuitloans.com/. Applicants must have legal representation in their current case to get started.
About Tribeca Capital Group, LLC:
Tribeca Capital Group, LLC, helps clients get the money they need while waiting for a pending lawsuit to settle or resolve in court. Lawsuit loans, also known as legal funding or pre-settlement funding, give plaintiffs a portion of their eventual compensation package to spend on current expenses. Headquartered in Los Angeles, California, Tribeca provides loan representatives and settlement loans nationwide. For more information, please visit https://tribecalawsuitloans.com/.