Ally Lawsuit Loans Blog

What You Could Buy with the Cost of Annual Auto Accidents in the US

According to the National Safety Council, in 2018, there were an estimated 40,000 deaths due to car-related accidents.  With all the car accidents that occur around the nation, there is always a price.  Since 2003, the number of fatal car crashes around the nation has been steadily rising. Between 2013 - 2015, the Federal Highway Administration reported 21,360 fatal...

Airplane accident lawsuit loans

If you have a pending airplane accident lawsuit, you're likely worried about covering living expenses and bills. Airplane accident lawsuits can take years to resolve, which means you are stuck waiting for any financial compensation in the meantime. However, there is another option to consider. Legal funding, such as airplane accident lawsuit loans through Ally Lawsuit Loans, can help...

Do Lawyers Give Advances On Settlements

Waiting for a personal injury claim to settle can seem like it takes forever. Your case may be in negotiations for a year or longer. If the other parties aren’t willing to negotiate, your attorney may need to file a lawsuit, which can delay a potential resolution even longer. At Ally Lawsuit Loans we understand that some injured victims...

pre-settlement funding for birth injury lawsuit

Birth injuries can be an overwhelming reality to face. These unfortunate events can transform the joy of childbirth into a long-term journey of dealing with physical, emotional, and severe financial strain. Pre-settlement funding, such as birth injury lawsuit loans, can provide some financial relief while you pursue legal action against the responsible parties.  When medical professionals are responsible for...

track my settlement check

Waiting for a settlement check after your legal case has been resolved can be stressful, especially when you’re unsure how long it will take. If you’re asking yourself, “How do I track my settlement check?” or wondering why the process is taking longer than expected, you’re not alone. Fortunately, there are steps you can take to stay informed. If...

can my lawyer negotiate medical bills

Generally, your lawyer can negotiate your medical bills on your behalf. If you were injured in an accident and filed a personal injury claim, you may be asking yourself, How much can lawyers negotiate medical bills? Or you might wonder, How do lawyers negotiate medical bills, and how effective is it?  After someone else’s negligence results in mounting medical...

How Does Child Support Affect My Personal Injury Settlement? 

Most people expecting a personal injury settlement want to know if their other debts will affect the amount of their recovery. Certain unpaid debts can negatively impact your settlement. If you are currently paying child support, you may be wondering, Can child support take settlement money? When you recover compensation in a personal injury lawsuit, the settlement is designed...

personal injury lawsuit loans

A personal injury loan is a financial tool that helps plaintiffs get cash pre-settlement. Unlike a traditional loan, the interest rate for lawsuit settlement advances is based on the strength of the case, not your credit history. They are also non-recourse which means if you lose your case, you do not owe repayment. According to data provided by the...

cash advance on pending lawsuit

As with any financial decision, it's important that you get all the facts before making the decision to seek pre-settlement funding. Read to learn more about Pending Lawsuit Loans. If you're considering getting a pending lawsuit loan, you're not alone. Every day we provide cash advance on pending lawsuit settlements to plaintiffs across the county. Because civil lawsuits like...

Are Non-Recourse Loans Taxable?

Non-recourse loans are not taxable and are treated differently by the IRS from recourse loans. Non-recourse loan tax consequences will be different from those of recourse loans.  Depending on the type of loan, you may still owe taxes on part of it even if you default. When a non-recourse loan defaults, is canceled, or is forgiven, the borrower is...