Pre-Settlement Lawsuit Loans for Plaintiffs

Apply Now

When you’re waiting on a lawsuit settlement, you shouldn’t have to suffer from stress and anxiety – or go without the things you need – as your bills pile up. Ally Lawsuit Loans exists to remove that burden and lend a helping hand when you need it most.

At Ally, we provide funding for plaintiffs involved in all manner of pending lawsuits and claims: Personal injury, auto accidents, workers’ compensation, wrongful termination, and defective drugs and medical devices, just to name a few.

Attorneys agree that lawsuit advance funding can be a responsible way for people like you to keep their head above water while they await their settlement. If you’re in need, let us be your Ally.

How Pre-Settlement Funding Works

1.

You Apply For Funding

Contact our friendly staff online or by phone. Provide some basic information about yourself and your claim.

2.

We Consult With Your Attorney

We’ll work closely with your attorney to review and understand your lawsuit.

3.

Approval & Cash in 24hrs

Assuming we’re a good fit, we’ll deliver you cash within 24 hours of funding approval.

Lawsuit Loan FAQ

Section Image

What are your interest rates like?

What happens if I lose my lawsuit?

How big of a loan can I get?

Will my attorney be involved?

How will I get the money?

Does my lawsuit type qualify?

Does my state allow lawsuit loans?

Testimonials From Real Ally Clients

  • If you go with anyone go with Ally. You won't be disappointed…

    Excellent company, Ally was the best choice I made. Once I decided I needed help, I reached out to several companies trying to make sure I got a fair deal. Abe gave me that fair deal, he guaranteed to beat any other company, but the best deal I got was his first offer. He was very professional and his response time was super fast. I know this is a scary process but Abe really did make it an easier decision for me. If you go with anyone go with Nova. You won't be disappointed. Thank you Ally and especially Abe!!

    - George O.’s Yelp Review
  • Now, I can have my neck surgery without having to stress about bills…

    I would recommend Ally Lawsuit Loans to anyone who was hurt due to accident and needs a car accident loan. They stay on top of things for us. Calling on a daily basis giving me status on what's going on. Abe the awesome person helping me out. Kind, soft spoken and very helpful. Need help to get you by. He's the man. Now, I can have my neck surgery without having to stress about bills and not worry about not getting a check. Love these people.

    - Marissa Peterson’s Google Review
  • I am so glad I found Ally! I would definitely recommend them to everyone!

    They were very easy to work with from the beginning! I sent a request via their website and got an immediate response back from Hillary. She took all my information and kept me up to date all the way. Once they had gathered all the information I was turned over to Jani. She was totally awesome in letting me know how it was going and if anything else was needed! I am so glad I found Nova! I would definitely recommend them to everyone! Great experience!

    - Karen Skeen’s Facebook Review

Explore Lawsuit Loan Articles & Advice

Is a Lawsuit Loan Actually a Loan?

| Read Time: < 1 minute

No. What we offer is a non-recourse cash advance against your potential lawsuit settlement. Non-recourse means that if you "lose" your lawsuit, and you don't get a settlement, you have no obligation to repay us. This is the key difference between what we offer and what is traditionally thought of as a loan. Because repayment is not required if you lose your case, a non-recourse cash advance is typically considered by our clients to be far more appealing than a loan. We use the language "lawsuit loan" – as do most all companies like ours – because a non-recourse cash advance is a relatively new type of financing that not many people are familiar with. We know from market research that when folks are looking for what we offer – a cash advance on a pending lawsuit settlement – they most often think of it as a loan, and so that's what they search for. We want to make sure that these folks can find what they are looking for, which is why we often refer to what we provide as "lawsuit loans". Have more questions about what we do? Don't hesitate to reach out.

Read More

Settlement Checks: How Long Can a Lawyer Hold Money in Escrow?

| Read Time: 2 minutes

Litigation can last for months or years, so you probably felt excitement when you finally reached a settlement. However, your settlement award may be harder to access than you imagined. For instance, some lawyers hold your settlement check for months, delaying your access to the cash you need. The settlement check process is one more hurdle you must overcome in resolving your claim. So how long can a lawyer hold money in escrow? We give you an overview of the settlement check process here. Four Steps to Getting a Settlement Check To get your settlement check, you must resolve these four matters. Signed Release Forms When you reach your settlement, you must sign a release form. This form is a legal document that states you will not pursue further legal action on the same claim. Expect to sign a release form for each defendant in your claim. Your lawyer will carefully review the terms of the release form before you sign, and you can request modifications if necessary. Delayed Payment State law should give the defendant a timeline for paying the settlement. Some defendants wait until the last moment allowed by state law to pay your settlement, causing delays in receiving the money you’re owed. Check Clearance When the defendant pays your settlement, the money goes to your lawyer, who holds it in an escrow account. The check may take up to a week to clear, and then the funds are available to pay debts. Once the check clears, your lawyer takes their fee from the funds and next pays other liens and lawsuit-related bills. Settlement Lien Payment During your lawsuit, parties may have placed liens on your settlement. A lien gives someone else the right to your property to pay a debt. For example, if you have unpaid medical bills, the hospital or doctor may place a lien on your settlement. Your lawyer will also use your settlement funds to pay expenses related to litigating your case, including: Expert witness fees,Private investigator fees, andMedical examinations.  Your lawyer can quickly pay most liens on your account once settlement funds are available. However, government liens, such as those from Medicaid, can take longer to resolve. After your money moves through these four steps in the settlement check process, your lawyer sends the remaining balance to you. Unfortunately, delays at each step can cause you to wait weeks or even months for access to your settlement funds.  Access Settlement Funds Faster If you need access to your settlement check sooner, Ally Lawsuit Loans can help. Ally Lawsuit Loans offers cash advances on your lawsuit settlement. You pay back the cash advance when you receive your settlement.  Here are some things you should know about Ally Lawsuit Loans: We offer the lowest rate guarantee in the industry; You pay nothing back if you lose your case; and You can qualify for a lawsuit loan within 24 hours. To find out more about getting a lawsuit loan or to start your application, contact Ally Lawsuit Loans. You shouldn’t have to stress while you wait for the slow settlement check process, so we’re here to make the wait easier.

Read More

How Much Is Your Slip and Fall Claim Worth?

| Read Time: 3 minutes

A slip and fall injury may seem like a relatively minor injury to some. However, if you have a slip and fall, you know that this isn’t always the case. Slip and fall injuries come in just about every form. Traumatic brain injury (TBI), paralysis, whiplash, and broken bones are just a few possible slip and fall injuries. Such injuries can be quite costly. According to the CDC, unintentional injuries cost Americans more than $450 billion per year in medical and work loss costs. Of those costs, more than one-third are from fall-related injuries. That means that fall-related injuries cost Americans about $150 billion per year. No metric would consider that amount insignificant. Lawsuit Loans Help While the Legal Process Runs Its Course If you have a slip and fall injury caused by someone else’s negligence, you are entitled to recover damages. If you’re reading this, you likely plan on hiring a lawyer to file a lawsuit or have already done so. Settlements don’t happen overnight, but medical bills come quickly, and life won’t wait for your settlement payment.  If you’re filing a lawsuit and need financial assistance while you wait for your case to settle, a lawsuit loan is an excellent option. Ally Lawsuit Loans is an industry leader in pre-settlement funding. If you’re considering pre-settlement funding, you will want to know how much you should borrow. A good way to answer that question is to ask about typical slip and fall cases’ payouts. While each lawsuit is different, a few factors can help you estimate what your slip and fall claim is worth. Estimating the Worth of a Slip and Fall Claim To get a general idea of what your slip and fall claim is worth, the most important things to consider are the severity and type of injuries and damages. Generally, the more severe your injuries, the more your claim is worth. More costs bring a higher settlement. To illustrate what this may look like in practice, consider two hypothetical examples. Example One In the first example, consider you have a severe slip and fall accident. You hit your head, suffering a concussion, and break your ankle while falling. An ambulance takes you to the hospital. There, your ankle requires surgery and a three-day stay to monitor your potential brain injury. You miss work during that time. Once your hospital stay finishes, you can’t work for a month as you recover from your surgery. Furthermore, you need physical therapy for a few months to fully heal. Luckily, the concussion does not leave long-term effects. However, you see a brain injury specialist a couple of times to ensure that more serious problems are not lurking below the surface. Example Two Now, consider a less severe slip and fall accident. In this case, you slip on a wet spot at the supermarket and fracture your wrist. Your spouse drives you to your physician the next day so you can get an x-ray. You find out that you will need to wear a cast for a few weeks. You have to miss work during that time, but otherwise, you fully recover. Comparison These two examples are drastically different. As such, the settlement of their clams will also be drastically different. The first example requires surgery, emergency transport, a hospital stay, continuing care, and medical specialists. Such costs add up very quickly, so to fully recover damages, the claim’s settlement will be very high. Contrast this with the second example, where you saw a normal physician and missed work. While such medical bills are not insignificant and missed work requires compensation, the final settlement will be dramatically less than the first example. The best way to estimate your settlement amount is to add up all the injury’s various costs. Your Attorney Can Help You Estimate the Claim Amount Your attorney can help you estimate your final settlement amount. They know all the facts and circumstances of your case. With this information and their prior experience with similar cases, they can help you add up all your injury’s economic and non-economic costs to come up with an estimate of your final settlement amount. Considering a Lawsuit Loan? If you’re considering a lawsuit loan for a slip and fall claim, contact Ally Lawsuit Loans today. Our application process is quick and easy. Furthermore, we offer a lowest-rate guarantee and 24-hour application turnaround. Best of all, if your claim is not successful, you won’t owe us anything. You deserve an ally while you wait for your settlement, so contact Ally Lawsuit Loans today!

Read More