Get Fast, Low Cost Lawsuit Loans in New Mexico Prior to Settlement
While New Mexico is known as the land of enchantment, Fair Rate Funding is known for New Mexico Lawsuit Loans! We are the best provider of pre-settlement lawsuit loans in the state of New Mexico (NM) since 2007. Fair Rate Funding specializes in fast, low-cost lawsuit loans for residents of the great state of New Mexico(NM).
From Albuquerque to Las Cruces to Santa Fe, civil lawsuits take time, often many years. While plaintiffs wait on their settlements, we provide immediate financial support to help bridge the financial gap. If you have a lawsuit and need cash now, we can help with a New Mexico lawsuit loan.
The Need for NM Lawsuit Loans
Civil lawsuits can take many years to settle. While plaintiffs wait, financial pressures can also arise leaving them susceptible to the low-ball negotiation tactics of financially strong property and casualty insurance companies.
The delay in the legal system is also known as backlog or a crowded docket and causes many plaintiffs to accept less than fair settlements because of financial pressures.
For example, many New Mexico lawsuit loan clients are involved in personal injury lawsuits. They need personal injury lawsuit loans because they are unable to work as before their injury. Bills keep piling up however and many have a monthly shortfall of cash.
New Mexico lawsuit loans allow plaintiffs to pay for expenses while their attorneys pursue justice.
Most of our clients use the law loan for one or more of the following:
- medical treatment
- existing medical bills
- living expenses
- rent or mortgage payments
- car loans or lease payments
- educational expenses
- investment opportunities
- and more.
The truth is, there are absolutely no restrictions on the use of a New Mexico lawsuit loan. You may use the cash as you see fit. After all, it is your money!
What is a New Mexico Lawsuit Loan?
NM Lawsuit funding (also known as NM lawsuit loans or settlement funding) are contracts between a plaintiff in a lawsuit and a “lender” to provide immediate cash to the client, often within 24 hours.
Your attorney pays us back when you settle the case according to the terms of our agreement. In other words, with lawsuit funding we give you money now and when you settle the case, you pay us back.
New Mexico lawsuit loans normally involve personal injury lawsuits but can also include:
If You Have Any Questions, Call 888-964-2224
Are You Eligible?
You will likely be eligible for a New Mexico lawsuit loan if you have an ongoing case. To obtain a settlement loan, three requirements must be met:
- You must have a pending claim against a defendant.
- You must have an attorney.
- Your attorney must be representing you on a contingency basis meaning that the attorney only gets paid if the lawsuit is successful.
How Do You Apply?
Our application process for New Mexico lawsuit loans is 100% FREE and easy to submit. Just head over to the Apply Now page to get started. If you want to speak with a team member about legal funding, call our office at 888-964-2224 and we will get you started.
We know you have a choice of New Mexico lawsuit funding companies and want to earn your business. Give us a call and allow us to show you why Fair Rate Funding is the leader in NM lawsuit loans.