Ally Lawsuit Loans Blog

Is a lawsuit loan actually a loan

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.

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.

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!

A knee injury can put you out of commission for quite some time. Such an injury can impact many facets of your life. Even a seemingly minor injury can worsen, and the ripple effects can compound quickly. One of the most common questions that people with knee injuries ask about is, What is the knee injury settlement average? If you are shopping for a lawsuit loan, this is an important question to ask. After all, you want to know how much you should borrow to cover your finances until the final settlement comes down. Every Settlement Is Different The question of average knee injury settlement amounts is difficult to answer quickly. Since every knee injury is different, and every accident that causes a knee injury is also different, every settlement is unique. The final amount of each knee injury settlement depends on a number of different factors and circumstances. However, with that said, a few things will help you estimate the potential size of your final knee injury settlement. Severity of Injury The first factor to consider in estimating the final settlement amount is the severity of the knee injury. A more severe knee injury is going to require more medical care than a minor knee injury. As such, the more severe injury will generally lead to a higher average settlement amount. Serious knee injuries may require ongoing physical therapy to recover fully, which will undoubtedly increase the final settlement amount. On the other hand, for a knee injury that heals without surgery and physical therapy, the final settlement amount will relatively speaking, be smaller. Type and Extent of Damages  To further estimate your final settlement amount, you can take stock of what damages you suffered as a result of the injury and the accident. Some of the types of damages that will push your final settlement up in value are: Property damage related to the accident;Emergency medical care at the time of the injury;Surgery to treat the injury;Physical therapy to recover from the injury;Other medical specialists to deal with the injury’s effects;In-home help while recovering from the injury; orMissing work as a result of the injury and its ensuing recovery. This list is just an example to show what different types of damages can arise from a knee injury. There are other types of damages that you may suffer from that will also increase your settlement’s final amount. Use this list as a starting point for your calculations. Generally, the more of these factors that are relevant to you, the higher your final settlement. Speak With Your Lawyer Perhaps the best way to get an idea as to what your final settlement will look like is to contact your attorney. Your attorney should know all the facts and circumstances surrounding your case. Your lawyer can then combine this information with their knowledge from prior experience in similar cases. Combining it all, your lawyer can help you calculate a rough estimate of what a fair settlement of your case will look like. Contact Ally Lawsuit Loans Today A lawsuit loan is always helpful to bridge the financial gap between filing a lawsuit and settling it. Whether you need financial help while waiting for a knee injury car accident settlement or a slip and fall knee injury settlement, Ally Lawsuit Loans is here to serve you. Ally Lawsuit Loans financing is always risk-free; if your case doesn’t settle, you won’t owe us anything. Furthermore, we offer 24-hour application turnaround and a lowest-rate guarantee. Life won’t wait for your settlement, so you deserve an ally. Apply with Ally Lawsuit Loans today!

kansas lawsuit settlement loans

Filing a lawsuit is one of the most powerful tools we have in our society to enforce our legal rights.  Any time someone causes damage to you through their negligent or intentional actions, you are entitled to compensation. However, even knowing this fact, filing a lawsuit is a daunting prospect for many. We may fear retaliation in the form of countersuits. We may fear the high cost of an attorney and court fees. Or we may fear that we will lose the lawsuit and end up in a worse situation than before filing the suit.  Kansas lawsuit settlement loans are an excellent tool you can use to assuage these fears. What Is a Lawsuit Loan? A lawsuit loan is, effectively, a sort of cash advance in Kansas. A lawsuit loan differs from other forms of advance loans in Kansas in that it is a non-recourse loan. People also refer to lawsuit loans as a form of pre-settlement funding.  Recourse loans look more traditional. A loan may be secured by collateral, such as a mortgage or car loan. If the borrower defaults, then the lender can seize the asset. For example, someone who defaults on a car loan may have their car repossessed by their lender to cover the outstanding debt. But if the collateral is insufficient to cover the debt or if there is no collateral, then the lender can recover the remaining debt by obtaining a judgment in court and then seizing any of the borrower’s assets that amount to the total outstanding debt. However, unlike with recourse loans, the collateral in a non-recourse loan is a specific asset and only that asset. In the case of a lawsuit loan, the asset is the future settlement of a legal dispute. If a lawsuit is not successful, the lender of a lawsuit loan cannot recover the debt. Unlike with other cash loans in Kansas, the risk to a borrower is very low. How Can a Lawsuit Loan Help Me? A lawsuit loan can help you fight for your rights and adequate compensation more effectively. If you are waiting for a lawsuit to settle and are in a pinch financially, it may be tempting to take the first settlement offer you receive. Even if the settlement offer does not fully cover your damages, you may have bills due immediately. I f you are in such a situation, you may find yourself having to choose between two poor options. On the one hand, paying the bills on time and taking a lowball settlement offer or, on the other, not paying the bills on time and waiting for a better settlement offer. Neither option is just or fair, and neither option is helpful financially. A traditional cash advance loan may be tempting, but a lawsuit loan is a lower-risk option for an advance loan in Kansas. Am I Eligible for a Lawsuit Loan? To be eligible for a lawsuit loan, you must have hired a lawyer who is filing a lawsuit seeking compensation on your behalf. Ally Lawsuit Loans provides a top-notch pre-settlement funding service. We offer the lowest rate in the industry guarantee, application processing within 24 hours, and a guarantee that you won’t have to repay us a penny if you lose your lawsuit. How Can I Apply for a Lawsuit Loan? Applying for a lawsuit loan with Ally Lawsuit Loans is a quick and easy process. First, just fill out the application on our website or over the phone. We will take it from there. We will first contact your attorney to figure out the details of your case. After consulting with your attorney, we will have an answer for you. Once approved, we will get you the money you need within 24 hours. Life won’t always wait for your settlement, so you deserve an ally. Contact Ally Lawsuit Loans today!

West Virginia Lawsuit Loans

Time and again, you have likely seen commercials addressing a fictional accident and encouraging the made-up victim to file a lawsuit to recover damages, which they then rapidly receive. While the commercials stop there, the full story in most real cases is not as simple as the advertisements appear. Lawsuit settlements are rarely quick to come. But the injuries one sustains are immediate, and the victim often needs urgent help. This is where West Virginia lawsuit loans come into play.  What Is a West Virginia Lawsuit Loan? West Virginia accident loans are cash advances. Lenders provide the loans to financially assist victims who are awaiting settlements from their cases. West Virginia lawsuit loans are entirely different from bank loans. A  reputable lending company will not require: Credit checks, Out of pocket fees, An application fee, orAny upfront cost. A West Virginia lawsuit loan is a cash advance loan, paid back only if you win or settle your case. You read that correctly. You pay nothing if you lose your case! Are West Virginia Accident Loans Legal? West Virginia accident loans do not involve loan sharks or shady transactions. They are legal, above-board agreements. West Virginia law allows lawsuit loans. A trustworthy lender will provide easy steps for an application and consult with the attorney handling your case before supplying you with the money. Typically these steps take less than 24 hours.  What Are the Loan Rates for West Virginia Accident Loans? Interest rates vary by lender. The rate may depend on the circumstances of your case. You can contact a lender to ask about interest rates. A primary way to ensure you have a fair rate is to find a credible lender. Once you do so, chances are you will not need to shop around regarding rates. That lender can provide you with the best interest rates in the industry. Why Not Just Wait for My Settlement Money? West Virginia accident loans are in no way required! However, they are popular and useful because injured accident victims may need money immediately for: Medical expenses,Loss of wages,Loss of property, andStandard expenses. If you are a victim in a personal injury case, you likely have one or all of these needs now. However, the settlement will not be prompt. A West Virginia lawsuit loan is the best way for you to seek financial relief while you await the payment from your settlement.  Ally Lawsuit Loans  Ally Lawsuit Loans is a lawsuit lending company. We offer cash advances (pre-settlement funding) to people waiting for the legal process to finish. Ally Lawsuit Loans is knowledgeable, ethical, and ready to assist you. Apply for help online now.

termination lawsuit

Are you pursuing an employment termination lawsuit that is taking a long time to resolve? Employment-related cases are almost always complicated and time-consuming. You may be struggling to find a new job and need to take time off for court appearances. That can translate to serious financial hardship. However, some available options can help, such as an employment lawsuit loan. If you are suing your employer and need a loan, Ally Lawsuit Loans can assist. We understand what a challenging and frustrating time this is for you. When you apply for an employment lawsuit loan with us, you could have cash in hand in only a day. This loan could provide immediate financial relief, allowing you to cover your most important expenses, such as rent or a mortgage, household utilities, car payments, insurance, etc. How Employment Lawsuit Loans Work If you’ve filed a termination lawsuit, you could be eligible for an employment lawsuit loan. At Ally Lawsuit Suits, we are a lawsuit lending company. We offer pre-settlement funding, or a cash advance, to plaintiffs struggling to stay afloat while their litigation is pending. The process for applying for a lawsuit loan is very straightforward: Either apply online or contact our office by phone.Enter the requested information on our form about you and your claim or relay all the details to our friendly representative on the phone.We will look at all your data and contact your employment law attorney to get more information about your case to determine whether it’s a good fit for an employment lawsuit loan.You will receive a decision within 24 hours.If your application is approved, you will have cash-in-hand within 24 hours of receiving the funding approval. The loan amount will vary and is based on your individual case. You could apply for a loan as small as $500, but we’ve also issued ones as high as $750,000. There is no risk of applying and finding out your qualification amount.   If approved, you will receive your funds in one of several ways, depending on what works best for you and your financial situation. We can make a wire transfer to your bank, mail you a check, send a FedEx check delivery, or wire through Western Union. You only need to let us know what works best for you. Why Choose Ally Lawsuit Loans? There are multiple companies offering employment lawsuit loans. You may be wondering what sets Ally Lawsuit Loans apart from other loan options. For one, Ally Lawsuit Loans offers the lowest rate guarantee in the industry. Your credit history doesn’t impact your case either. We base all decisions on the chances you have of winning your case. If you fail to win your case, you won’t have to pay back the loan either. You are responsible for repayment only if you win your case. We will issue a decision within 24 hours, and funds will be available within 24 hours of approval. With Ally Lawsuit Loan’s low-rate guarantee, you can rest easy knowing you are getting the best deal available. If you are interested in seeing your possible rate, use our Lawsuit Loan Calculator to find a general number. To find out your specific interest rate, you need to speak with a specialist at Ally Lawsuit Loans. We need details about your case before we can give you a rate. Contact Ally Lawsuit Loans Today If you are suing your employer and need a loan, let Ally Lawsuit Loans help. Apply online or contact us today to start the application for your employment lawsuit loan. You could apply today and have the funds in your bank account in under 24 hours from approval.

ohio lawsuit loans

After an accident, your injuries can leave you with mounting medical bills and financial burdens. You may decide to file a lawsuit, but there is no set amount of time for lawsuits to settle. This can lead you to struggle to make ends meet. Luckily, your case may qualify for a cash advance. Do not hesitate to apply for pre-settlement funding with Ally Lawsuit Loans. What Is Pre-Settlement Funding in Ohio? Pre-settlement loans give you the money you need while waiting for your lawsuit settlement. Lawsuit loans differ from traditional loans in many ways. Lawsuit loans are based on your particular claim, whereas regular loans are based on your credit score.  One of the most significant differences with pre-settlement funding is the payback process. Whether you repay your loan depends on whether you win. If you don’t win your case and receive a settlement, you are not required to repay your loan. How to Apply for Your Lawsuit Loan Applying and receiving your cash advance in Ohio is a quick and easy process. You and your attorney will work with our skilled team to get you on the road to your pre-settlement loan. Contact Us The first step of the application process is simple. You will discuss your claim with one of our skilled team members, and they’ll gather relevant information. We Contact Your Attorney Before applying, talk to your attorney about lawsuit loans. This is beneficial, as your lawyer will then expect our call. The sooner we can discuss your case with your attorney, the sooner you’ll have a decision. Decision After we finish collecting all the information we need, you can expect a decision within 24 hours. Benefits of an Ohio Lawsuit Loan A cash advance is Dayton, Ohio, can provide many advantages in the short and long-term. Risk-Free Peace of Mind A cash advance loan can give you invaluable peace of mind while you wait for your settlement. Additionally, your loan is risk-free. If you don’t win, you don’t pay. Pay For Your Expenses Whether it be medical or monthly expenses, a lawsuit loan can give you the means to pay for your most important bills.  Get a Better Settlement Rushing your settlement can often result in a smaller award amount. A lawsuit loan allows your attorney the time to engage in settlement negotiations while they work to get you the fairest settlement.  Why Ally Lawsuit Loans? Ally Lawsuit Loans is here to help give you financial stability. With us, you can expect: Friendly, helpful staff;An easy application process;The lowest rate guarantee in the industry;No payment if you lose your case; andA quick decision. Lawsuits can take time to settle. Don’t let finances be the cause of your stress. Let us give you the help you need. Apply for Your Ohio Lawsuit Loan At Ally Lawsuit Loans, we’re always here when you need us. Let’s get the application process started. Contact us today.

defective-drug-lawsuit-loans

Pharmaceutical drugs are one of society’s most powerful tools in our quest for long-term health. However, despite their effectiveness, pharmaceutical drugs sometimes come with drawbacks. On top of the risks that drug misuse presents, defective pharmaceutical drugs can make their way into the market. Defective pharmaceutical drugs can cause damaging long-term effects to the health of the people that use them. Whether the drug simply does not work as intended or causes its own harmful effects, the damage is often significant. In the worst-case scenario, defective drugs can cause the death of the person that they are supposed to help. If a defective pharmaceutical drug impacts your health, you may face some serious life disruptions due to the drug’s harmful effects. Among other things, the defective drug may impact your ability to work, and you may face high additional medical care costs. When a defective drug impacts you in this way, you deserve compensation. However, getting compensation isn’t always easy. A lawsuit loan from Ally Lawsuit Loans can help alleviate some of the stress you may face as you go through the claims process.  How Can a Lawsuit Loan Help? After being hurt by a defective drug, you may consider filing an individual lawsuit or joining a class-action lawsuit to recover damages. After all, you deserve compensation. However, the time between filing a lawsuit and receiving compensation can be significant. If you’re financially struggling when you file such a lawsuit, this length of time can present a terrible problem. On the one hand, it may be tempting to accept an initial settlement offer that does not fully cover your damages. After all, your bills are due when they are due; there are no two ways about it. In this situation, the other option is to wait for a better offer, but how can you wait for a better offer if you have bills to pay right away? The answer to this problem is a lawsuit loan. With a lawsuit loan, you won’t have to choose between putting food on the table or getting the compensation you really deserve. What Is a Lawsuit Loan? A lawsuit loan is a special type of loan called a non-recourse loan. Most traditional loans require repayment in whatever assets you have. This is not the case with a non-recourse loan. With a non-recourse loan, the collateral on the loan is your future lawsuit settlement. Thus, the only repayment of the loan comes out of a lawsuit’s eventual settlement. Because of this, if you don’t recover damages, you don’t owe repayment at all. That’s right. If your lawsuit does not succeed, you won’t owe a lawsuit loan provider a single dime. Because of this, a lawsuit loan can help you bridge the financial gap between the time that you file a lawsuit and the time your settlement is complete. Who Is Eligible for a Lawsuit Loan? To be eligible for a lawsuit loan, all you need to do is prove that you are filing a lawsuit. For a defective drug lawsuit loan, a statement from your lawyer saying that you are indeed filing such a lawsuit is enough to prove your eligibility. Then we’ll assess the specifics of your case and determine your eligibility. It’s that easy. Check out this explanation of Ally Lawsuit Loans’ simple process for more information.  Do You Need a Lawsuit Loan? If you’re filing a defective drug lawsuit and need some financial help while you wait for your settlement, a lawsuit loan from Ally Lawsuit Loans is an excellent option. We offer the lowest rate in the industry, 24-hour application turnaround, and a guarantee that you will owe us nothing if your lawsuit does not succeed. Just fill out an application on our website, and we’ll be in touch with you within a day. Don’t take a lowball settlement offer. Apply for a lawsuit loan with Ally Lawsuit Loans today!

Fire Lawsuit Loans

There are few things scarier than being trapped in a fire. Whether it happens at work or at home, a fire can cause serious injuries as well as property damage. If you are injured in a fire caused by another, you may be in the process of a lawsuit to begin rebuilding your life. You may also be wondering how you will be able to make ends meet when the medical bills are piling up and you are still waiting on an injury settlement. If this is the case, you may qualify for a fire lawsuit loan.  Fire Statistics More than 25% of fires occur in homes or rental properties. Sadly, nearly 80% of fire deaths and three-quarters of fire injuries are caused by these fires. In addition, structure fires not related to wildfires cause over $10 billion in property damage every year. Whether it’s your house or other personal belongings, the losses that fires cause can be catastrophic. What Is a Fire Lawsuit Loan? Burn recovery can be painful and expensive. You will likely quickly accrue medical costs, which will continue for weeks or even months. Paying the bills may get difficult if you are unable to work. But that’s just the beginning. Fire injury lawsuits, like any personal injury claim, cost money. Although you expect to receive a settlement or jury award, waiting for those funds to materialize may mean that you are forced to cover medical treatment, property repairs, and other expenses by yourself. That’s where a premise liability settlement loan can help. When Do I Need a Loan? Lawsuit loans are primarily used to help plaintiffs cover expenses in the interim between filing their claim and receiving a settlement. This takes time. And the more damage you have, the longer a settlement may take. Insurance companies will want to take their sweet time verifying liability and damage amounts to avoid paying big settlements as much as possible. In the meantime, you are beginning property repairs and medical treatments. This is especially stressful if you are unable to work. How Can a Fire Lawsuit Loan Help Me? A settlement loan can help you cover your ongoing expenses while you wait for a settlement. If for some reason you don’t win your case, you won’t have to worry about paying back the loan. Lawsuit loans can get you cash quickly so that you can pay your bills and begin repair work while the insurance companies hash it out. All you need to do is fill out an application with your claim information. The legal loan company will then work with your attorney to verify how much financial support you may need. If you are approved, you can expect cash in just a few days. Call Ally Lawsuit Loans for a Premise Liability Lawsuit Loan Today! Have you been injured in a fire and don’t know what to do next? Ally Lawsuit Loans may be able to help. We provide loans for personal injury and class-action lawsuits, including those for burn victims. To learn more about the process visit our loans FAQ page or call us at 213-418-1736.