Ally Lawsuit Loans Blog

It is incredibly common for employees and their employers to have disagreements or tension in the workplace. The most extreme forms of workplace conflict include discrimination, intentional harassment, and wrongful termination. However, one of the most frustrating ways an employer retaliates against an employee is by not paying them. Fortunately, the Fair Labor Standards Act of 1938 protects workers from bitter employers. Some employers, however, still refuse to pay their employees for their work after a disagreement. Taking an employer to court to get back those unpaid wages is a long, tedious process. If you filed an unpaid wages lawsuit, a pre-settlement loan from Ally Lawsuit Loans can help hold you over until your case settles. We provide cash advances to plaintiffs waiting for unpaid overtime settlements or general labor lawsuit settlements. Unpaid Wage Lawsuits – Facts & History in the United States Prior to the 1940s, it was common for employers to underpay workers. Due to several strikes and growing backlash against child labor, Senator Hugo Black introduced the Fair Labor Standards Act, which Congress passed in 1938. The act established a minimum wage, a 40-hour work week, and overtime pay. There are several other provisions that make this act a landmark in labor law. For example, the minimum wage must update with inflation and employers must pay time-and-a-half to employees who work overtime. Unfortunately, many companies still try to find ways around this legislation. One way an employer may sneak out of paying their employees is by making verbal agreements instead of written ones. Some may also distribute working hours in a way that prevents adequate payment. Many people don’t report their employers fearing that they may lose their job or more of their wages. Thankfully, attorneys help level the playing field by representing employees in unpaid wage lawsuits. What is My Unpaid Wage Claim Worth? The value of your unpaid overtime lawsuit depends on a lot of factors. Some plaintiffs may try to collect double overtime wages, while others might just get paid a lump sum for a project they weren’t paid for. State laws also change the value of an unpaid wage claim. For example, since minimum wage varies between states, a case may be worth more if you work in a state with a higher minimum wage. How Long Will It Take My Unpaid Wage Claim to Settle? A significant factor that affects the length and value of a case is the amount of plaintiffs. Some cases are between one employee and their employer, while others involve thousands of employees. In 2013, Bank of America paid a massive overtime lawsuit settlement of $73 million to 180,000 employees after having them work off the clock. In addition, some companies offer labor lawsuit settlements quickly to help them mitigate bad press. However, many companies may fight in court for as long as it takes. This makes it difficult to know how long it takes for a case to settle. If you find yourself filing an unpaid wages lawsuit against your employer, a loan from Ally Lawsuit Loans can help you while you wait for your overtime lawsuit settlement. How Ally Lawsuit Loans Can Help At Ally Lawsuit Loans, we understand how difficult an unpaid wages lawsuit can be. We provide pre-settlement loans for those waiting for their unpaid overtime settlements. It is easy to apply for our funding. After submitting an application, we review it with your attorney to determine the value of your case. If you’re approved, we can deliver cash to you within 24 hours. Most importantly, our pre-settlement loans are risk-free. If you do not receive a labor lawsuit settlement, you pay us nothing. Apply today or call (800) 760-0704 to learn more about our pre-settlement lawsuit loans.

After an injury, you may be left struggling with medical bills, rent, mortgage payments, or general living expenses. Because of these additional financial stressors, going through a personal injury lawsuit makes paying the bills difficult. To reduce stress and anxiety, many people going through a lawsuit apply for lawsuit funding or injury loans. With a cash advance from Ally Lawsuit Loans, you can live comfortably and avoid financial stress while waiting for your settlement. We provide personal injury loans in Las Vegas and around the country. What is a Personal Injury Loan? A personal injury loan is also known as lawsuit funding or pre-settlement funding. Companies provide personal injury loans to victims of personal injury that are in the middle of a lawsuit. Since insurance companies often take months or years to settle a claim, plaintiffs are often stuck trying to recover financially from their accident. The loan is a type of cash advance. Once a company approves an application, they send money to the applicant. The loan accrues interest, usually compounded monthly at around 1-3%. The size of the loan depends on the expected settlement amount of the applicant’s case. If the applicant loses their case, they are not expected to pay back the loan. We give our personal injury loans in Las Vegas to individuals who cannot wait for their settlement checks in order to remain financially stable. In many cases, someone who sustains an injury has large medical bills and cannot work. However your injury happens, if another party is at fault, our lawsuit funding in Las Vegas can help. About Ally Lawsuit Loans At Ally Lawsuit Loans, we understand the financial, physical, and emotional stress of a personal injury case. When waiting for your settlement, you shouldn’t have to struggle with basic living expenses. We help plaintiffs remove that burden and help them when they need it most. Ally Lawsuit Loans provides personal injury loans in Las Vegas for all types of lawsuits and claims, including: Personal injury,Auto accidents,Workers’ compensation,Wrongful termination,Defective drugs, andDefective medical devices. Our application doesn’t require a credit check or employment. The only thing we consider when reviewing your application is the strength of your case. Once you apply for a personal injury loan in Las Vegas, we consult with your attorney and review your lawsuit. Upon approval, we deliver your cash advance. Nevada Communities We Serve – Las Vegas, Boulder City, Enterprise, Green Valley, Henderson, Laughlin, Pahrump, Paradise If you are a resident of Las Vegas or any of its surrounding communities and have an attorney representing your case, you may qualify for our lawsuit funding in Las Vegas. Apply for Lawsuit Funding in Las Vegas Now If you can’t wait for your personal injury settlement, apply for funding through Ally Lawsuit Loans. We offer risk-free personal injury loans in Las Vegas and guarantee the lowest rate in the industry. The application process is very easy and doesn’t require a credit check.  Most importantly, you don’t pay us back unless you win your case. We deliver cash for approved applications within 24 hours. Apply today or call (800) 760-0704 to learn more about our pre-settlement personal injury loans in Las Vegas.

what is a structured settlement and how do they work?

When you file a personal injury lawsuit, you eagerly wait for the day when your settlement payout arrives. However, you may not know about the many detailed decisions involved in the settlement process. For instance, should you accept a lump-sum payment or agree to a regularly disbursed structured settlement?  What is a structured settlement, anyway?   Structured settlements produce some distinct advantages, but they’re not ideal for every situation. If you’re considering a structured settlement, you can always sell it later (with court approval) for a lump sum.  STRUCTURED SETTLEMENT TYPES: Types of Cases Covered Under Structured Settlements Structured settlements first appeared under Canadian law in personal injury cases concerning a 1950’s drug that caused birth defects. From there, structured settlements made their way into common law legal systems, including England, Australia, and the United States.  Structured settlements took advantage of two changing elements in personal injury law: Rising personal injury settlement amountsChanging IRS law that waived tax liability In the US, structured settlements serve as an option in personal injury cases, including pharmaceutical injury and product liability cases.  STRUCTURED SETTLEMENT INFO: Pros and Cons of Structured Settlements Structured settlements provide both benefits and risks to plaintiffs. Here are some factors to weigh before deciding on a structured settlement. Pros of Structured Settlements: Steady income. Structured settlements provide a steady income for many years. You won’t be able to burn through your money quickly.Tax benefits. United States IRS rules give structured settlements favorable treatment. A person receives tax-free disbursements for the life of the structured settlement.Beneficiary allowed. Many structured settlements allow a named beneficiary to receive settlement payments if the plaintiff dies before the settlement pays out.Option to sell. Structured settlements can be sold or assigned through the courts. This option is useful for paying medical expenses or other debts.Stock market-proof. The stock market fluctuations don’t affect your settlement amount.  Cons of Structured Settlements: Loss of interest. You lose interest that could accrue if you got your entire payment upfront.Taxation. Some parts of a settlement award, such as punitive damages or attorney fees, may be taxed.Inflexible payment. Structured settlements stick to a set schedule and are not flexible to meet changes in your financial circumstances.Fees and penalties. Withdrawing from or selling a structured settlement brings fees and IRS penalties. STRUCTURED SETTLEMENT FAQ: How Does a Structured Settlement Work? When you file a personal injury lawsuit, your attorney will negotiate the best settlement for you. Though an attorney should always prepare for trial, most plaintiffs and defendants prefer to reach a settlement. In settlement negotiations, a defense attorney may present the possibility of a structured settlement. At that point, your attorney will bring the settlement option to you. After discussing the structured settlement, your attorney will ask whether you are ready to sign on that option. Once you accept a structured settlement, the defendant will pay you through installments of an annuity contract. You will receive regular installments over an extended period until you reach your full award. Defendants may purchase an annuity for the settlement from an insurance company. The insurance company is then responsible for managing the structured settlement. If a plaintiff later decides that they need a lump sum payment rather than installments, they can sell their structured settlement annuity. Companies such as Ally Lawsuit Loans offer a streamlined structured settlement cashout. The value of the structured settlement at the time of sale depends on: Payments disbursedAmount of scheduled paymentsInterest rates on the annuityInsurance company creditworthiness A judge must approve and sign on the sale of a structured settlement annuity. Apply for a Structured Settlement Today Now that we’ve answered your question, “What is a structured settlement?” you may be considering this option. However, maybe you already have a structured settlement but are looking for a way out of it. If your financial needs changed and you want a lump sum instead of structured settlement payments, contact Ally Lawsuit Loans. We can purchase your structured settlement annuity in exchange for a lump sum of cash. We offer 24-hour approval on structured settlement purchases. Then, we bring your structured settlement to the court for approval. Call us to apply for a structured settlement purchase or ask for more information about this option.  Lawsuit Company Funding Reviews – Reviews From the Web

Cherokee funding: reviews from around the web

Founded in Atlanta in 2011, Cherokee Funding provides plaintiffs with lawsuit funding. Cherokee Funding operates by providing plaintiffs with settlement advances to pay living expenses while awaiting a lawsuit settlement.  How Cherokee Funding Works After a plaintiff applies for a settlement advance with Cherokee Funding, the company reviews the case. Cherokee Funding contacts the plaintiff’s attorneys and reviews documentation before determining if the plaintiff is eligible for a lawsuit advance. Cherokee Funding advertises that they fund the following types of lawsuits: AccidentsGeneral, Construction, and Premise NegligenceMedical MalpracticeProduct LiabilityWrongful Death The company indicates that “same day funding” applicants can receive between $500-$50,000 by the next day. Cherokee states that they fund up to 10-15% of a case’s settlement value.  Cherokee Funding Pricing Cherokee advertises no up-front fees to apply for a lawsuit cash advance. Plaintiffs repay the settlement advance, plus fees, once they receive a settlement. However, if a plaintiff loses their case, the plaintiff does not have to repay Cherokee Funding. Cherokee Funding advertises that their goal is to provide legal funding “at the lowest cost possible.” The company also lists transparency as a core value. However, the company website does not disclose the interest rates or fees charged to clients.  Cherokee Funding indicates that the client contract discloses fees and a repayment schedule. On the FAQ section of their website, Cherokee Funding indicates that they do not have consistent rates: “Our rates change from time to time so please make sure to ask at the time of application.” Benefits of Using Cherokee Funding Cherokee Funding promises the lowest rates in the industry. They claim to be 100% transparent and to hold membership in the watchdog American Legal Finance Association (ALFA). Cherokee Funding lists these values: TeamworkHelping those in needNo finger-pointingTransparencyGoing the extra mile  The company indicates that some clients have achieved higher settlement offers by taking a lawsuit cash advance. The advance apparently gave those clients financial stability that enabled them to wait for a larger settlement. Applying for a Cherokee Funding settlement advance, like settlement advances from other lawsuit funding companies, should reduce financial stress for plaintiffs waiting for cases to settle. Disadvantages of Using Cherokee Funding Former clients sued Cherokee Funding in 2017 in Ruth v. Cherokee Funding. One client claimed that Cherokee Funding advanced him less than $10,000 but demanded repayment of $84,000. Based on this lawsuit, applicants should carefully review interest rates and fees before signing with Cherokee Funding. Applicants should consider repayment terms and whether fees seem excessive. Cherokee Funding may prove a helpful source of cash flow while waiting out a lawsuit. However, clients might owe much more money than they originally borrowed due to interest and fees. The money owed could use much of the plaintiff’s settlement. Positive Cherokee Funding Reviews “Real friendly and helpful. I was new to the process and they walked me thru how it worked. Got my money the next day!” –Tyler Stevens, 5-star Google review “Great and fast service!! I recommend them to anyone.” –Teresa Evans, 5-star Google review “Extremely helpful in my time of need. Wouldn’t even let me off the phone until they were sure that I completely understood the process and felt 100% comfortable moving forward. And the process was super quick. 24 hours later they called to tell me I was approved. They are awesome and have my highest recommendation.”–Pandora Swint, 5-star Trustpilot review “When I needed it they came through. I wish the fees were not so high but I appreciate them nonetheless.”–Talib Shabazz, 5-star review on Trustpilot Negative Cherokee Funding Reviews “Run Don’t Walk Bad Management.”–Former Employee Administration in Atlanta, GA, Glassdoor review “Didn’t get my check on time don’t know where my checks it not really happy”–Damon Locke, 1-star Trustpilot review “Horrible experience. Customer service was off and on almost depending on who you talked to. I made the calls and my loan stayed in underwriting over a week with no explanation. Waist of time!!”–SB, 1-star review on Trustpilot “Worse experience ever the company policy must be to tell lies because that’s all I heard web states same day and a week later they came thru totally discussed with the service I received” –Shy Shy, 1-star Google review “In the event you’re waiting for a settlement and need funds, DO NOT use this company to acquire assistance unless you absolutely cannot find help otherwise. The amount of interest these people charge should be illegal. For a $500 loan, you could end up paying almost $1500 in a little over a year’s time.”–Bree Johnson, 1-star review on Google Get a Lawsuit Funding Quote Today If you need cash while you wait for your lawsuit settlement, contact Ally Lawsuit Loans. We offer the lowest rate guarantee and will let you know if you qualify within 24 hours. If you lose your lawsuit, you owe Ally Lawsuit Loans nothing. Lawsuits are stressful, but Ally Lawsuit Loans can help. Apply today, and reduce your financial stress while you wait to settle.

Settlement Funding for Civil Rights Cases

The civil rights of Americans include rights to freedom and equality. The United States government grants Americans these rights without regard to race, national origin, religion, sex, age, or disability.  If someone violates your civil rights by discriminating, you may sue the perpetrator for the harm you suffered. Trailblazing Americans have used the legal system to fight for their civil rights. Future generations benefit from victims fighting against discrimination.   However, seeking justice for civil rights violations can take a long time. The court process may proceed slowly, while plaintiffs’ expenses continue to accumulate. How can you pay bills while you wait for your civil rights lawsuit settlement? While civil rights lawsuit settlements can take a while to achieve, you don’t have to wait to access your cash. Many civil rights plaintiffs take advantage of settlement loans. This means that plaintiffs access their payment before their civil rights lawsuit settlement case concludes. Plaintiffs can obtain settlement cash advances for these types of civil rights lawsuits: Discrimination based on race, national origin, gender, or disabilityFair housing violationsHarassmentPolice misconductImmigration violationsHate crimesEqual credit violations When someone discriminates against you in a civil rights violation, a lawsuit helps you seek justice. The Civil Rights Act of 1964 and the Reconstruction Amendments to the US Constitution legally protect Americans from discrimination. In court, a civil rights attorney will advocate for you to receive payment for the discrimination you suffered. A defendant should compensate you for these civil rights violations with a lawsuit settlement.  Using a settlement loan, you can access these lawsuit settlement funds even before the lengthy court process ends. How Do You Get a Civil Rights Lawsuit Settlement Advance? To get a civil rights lawsuit settlement advance, apply with a settlement lender like Ally Lawsuit Loans. The lender will review your case, consult your attorney, and determine your chances of settling. If the lender thinks you have a good case, the lender will approve you for a lawsuit settlement loan. Ally Lawsuit Loans approves plaintiffs within 24 hours and offers the lowest interest rates in the market. The amount the lender loans you depends on the amount of the anticipated settlement. Civil rights settlement amounts may be hard to predict because of the intangible nature of damages. However, the lender talks with your attorney to get an informed idea of your anticipated settlement. The lender also evaluates whether you have outstanding lawsuit loans before approving your application. Once you receive your settlement loan, you can pay bills while you wait for your case to settle. You owe the lender nothing while your case settles. If you lose your case, you owe Ally Lawsuit Loans nothing.  In this way, loans for civil rights lawsuit settlements can reduce your stress. You get the money you need to pay bills and don’t have to worry about your finances. You also don’t have to worry about paying anything back unless you win your case.  Apply for a Civil Rights Lawsuit Settlement Advance Today If you suffered from a civil rights violation and filed a lawsuit, you may need a settlement loan. To get cash while you wait for your civil rights lawsuit settlement, call Ally Lawsuit Loans. Ally Lawsuit Loans is a lawsuit lending company that offers plaintiffs across the nation: 24-hour settlement loan approvalLowest rates in the industry No payment needed if you lose your case You don’t have to worry about your bills while you wait for your civil rights case to settle. Get help with your stress by applying for a lawsuit cash advance with Ally Lawsuit Loans.  Apply now!

lawsuit funding

When you’re involved in a lengthy lawsuit, your cash flow may run low as your stress runs high. While your attorneys spend months negotiating a settlement, your bank account plummets. You may worry about paying your bills and wonder where to find funding for a lawsuit. We have a simple lawsuit funding suggestion. During this long settlement process, you can apply for a lawsuit cash advance. You may have some questions about a settlement advance. What is a settlement advance? How do you qualify for a cash advance? Why would you get denied funding for a lawsuit? Keep reading for answers to common lawsuit funding questions. What is a Settlement Advance? A settlement advance involves you borrowing from your future settlement award. The simple process follows these four steps: You apply with a lawsuit funding lender.The lender talks to your attorney about the merits of your case.The lender informs you if you qualify for a lawsuit cash advance.The lender delivers your cash advance within 24 hours. You don’t pay back your lawsuit advance until you receive your settlement award. If you don’t win your lawsuit, you owe nothing on your lawsuit cash advance. How Do You Qualify for a Cash Advance? Lawsuit cash advances differ from other loans. For traditional loans, lenders qualify the borrower based on credit score and income. Instead, for lawsuit funding, lenders evaluate the borrower’s potential settlement. Lenders gain the confidence to fund your lawsuit if they think that you are likely to win a substantial settlement. After you apply for a settlement advance, the lender investigates your potential to win a settlement award. The lender calls your attorney to see where your case stands. From this communication, the lender wants to learn a few things about your case: How likely are you to settle?When are you expected to settle?How big of a settlement should you receive? These case factors determine whether you qualify for a lawsuit cash advance. Why Would You Get Denied Funding for a Lawsuit? If a lender denies you a cash advance funding for your lawsuit, you probably feel disappointed. You may wonder what factors lenders evaluated before denying you funding. There are several reasons why a lender may decide not to fund your lawsuit cash advance. Cash Advances Violate State Law Most states allow lawsuit cash advances. However, there are a few states that prohibit this form of financial assistance. Currently, three states ban settlement cash advances: MarylandColoradoTennessee If you live in one of these three states, a lender cannot provide you a lawsuit cash advance. Even if you have a strong case, state law prohibits a lender from offering you an advance. You Don’t Have an Attorney A lender needs to speak to your attorney before offering a lawsuit cash advance. If you don’t have an attorney, the lender cannot make an informed decision on your loan. Even if you present a strong case, the lender needs to understand where you stand legally. Hiring an attorney increases your settlement potential and settlement amount significantly. A lender insists that you hire an attorney because the lender wants you to have the best chance at winning your case. Hire an attorney to expedite your case and your potential for a settlement cash advance. Most personal injury attorneys work on a contingency fee, meaning that you don’t have to pay your attorney up-front. The contingency fee varies by the attorney. You should read your attorney-client contract carefully to make sure you understand contingency fee details. A lawyer working on contingency wants your case to settle for as much as possible. This motivation should make an attorney work even harder for you. Consult several attorneys, and sign on with the one who seems like your best advocate. You Have Other Funding If you already have a cash advance, that doesn’t automatically disqualify you from obtaining a new settlement advance. The second advance functions as a lower interest refinance on the previous settlement advance. However, if you owe more than a lender thinks your settlement is worth, the lender won’t issue another advance. After all, the lender needs to believe that you can pay back the advance. Lenders don’t issue a predetermined cap on cash advances because each case is unique. Each advance depends on the settlement potential of the associated lawsuit. If your previous advance balance falls below your potential settlement, a new lender could offer you another cash advance. Get Pre-Settlement Funding Now Even if a lender has denied your settlement advance before, we will give it a second look. Some of the factors that disqualified you previously may have changed. If you need cash while you wait for your lawsuit settlement, call us at (800) 760-0704 or apply today!

How Are Settlements Paid Out

When you file a personal injury lawsuit, you travel a long legal road to settlement. You hire attorneys, give depositions, and collect medical records. You wait while the lawsuit drags on. You worry about your dwindling bank account. You can avoid some of that financial stress with a settlement advance. You can’t hurry the legal process along, but you can tap into your settlement before your case closes. In this process, you borrow from your damage awards and pay back the lender once your case settles. To obtain a settlement advance, apply with a legal cash advance lender. The lender discusses your case with your attorneys and determines whether you qualify for a legal cash advance. If the lender approves you for a settlement advance, you get cash in 24 hours. You pay nothing back until you receive your settlement. You should know a few things about settlements before taking a settlement advance. How are settlements paid out? What steps does the process involve? Here’s what you need to know. 9 Steps to Settlement Reaching a settlement involves work. Parties investigate, negotiate, file insurance claims, and conduct medical evaluations.Settlements take time. The process may span a year or more. You sign stacks of paperwork. When negotiations end, you sign the Order of Settlement. You also sign a release, promising the defendant that you won’t file a future lawsuit on your injury. Terms and conditions are important. Your attorney reviews all documents before submitting them. If your attorney disagrees with terms and conditions, he or she negotiates with the defendant’s attorney.A judge steps in to resolve disputes. If the attorneys cannot reach an agreement on settlement terms and conditions, they go to a judge. This judicial involvement delays the settlement process.The insurance company cuts the check. The defendant’s insurance company pays you after they receive the Order of Settlement and release. The insurance company should issue your check promptly, but they sometimes delay.Your attorney holds onto the check. The insurance company makes the check payable to you and your attorney and sends the money to your attorney’s office. Your attorney deposits the check-in an escrow account, while it clears. Debts have first dibs. You pay any outstanding liens, such as medical bills, child support, or attorney fees. Your attorney takes the amount outlined in your contingency fee agreement.You finally get your cash. Your attorney sends you a check with the remaining settlement award. So, to answer that question, “How are settlements paid out?” It takes time and work. You may feel discouraged reading about such a lengthy settlement process. But know that a big check waits at the end of that ordeal. Apply for a 24 Hour Settlement Advance If you need cash while you wait on your settlement, we can help. We offer a settlement advance with 24-hour cash approval. Contact us by filling out our online form or calling us at (800) 760-0704. If you qualify for a lawsuit cash advance, we’ll send you cash within 24 hours!

How Much Do Lawsuit Loans Cost

Do you feel like you’re stuck between a rock and a hard place while you wait for your lawsuit to settle? You filed a personal injury lawsuit, and you hope to win damages for your injury. The money won’t repair all you’ve suffered, but it will help. However, the average cost of a lawsuit is high. Until you get that settlement, how do you make ends meet? Lawsuit settlement advances help plaintiffs pay their bills while they wait on a settlement. If you’re wondering, “How much do lawsuit loans cost?” you’ll want to know several things about settlement advances: What is a settlement advance?How do you get a settlement advance?What lawsuit loans interest rates apply?When do you pay back your settlement advance? What Is a Settlement Advance? Taking a settlement advance means you borrow money from your future settlement. If you qualify for a settlement advance, you access your award before your case settles. A settlement advance depends on the amount of your potential settlement. It is difficult to give an average cost of a lawsuit cash advance because every case differs. If you are suing for a substantial amount of money, you may qualify for a bigger cash advance. A settlement advance helps you while you wait for your lawsuit to settle, and you owe nothing on your loan until settlement. How Do You Get a Settlement Advance? You apply for a settlement advance with a reputable lender, who evaluates your case. The lender calls your attorney to gauge your chances of reaching a settlement. The lender investigates these factors before offering you a loan: How soon will you settle?What settlement amount do you expect to receive?Have you received any other settlement advances? If the lender receives satisfactory answers to all these questions, the lender will extend you a settlement cash advance. You should have your money within 24 hours. Our guarantee is simple. Within 24 hours of your qualifying, we wire transfer the loan to your account or overnight a check. What Lawsuit Loans Interest Rates Apply? Interest rates, what a lender charges to lend you money, can be confusing. Even though you don’t owe loan payments until your case settles, interest still accumulates. This ambiguity doesn’t provide an easy answer to the inquiry, “How much do lawsuit loans cost?” The amount of interest you pay on your lawsuit loan depends on two things: Your interest rate. Lawsuit loans interest rates are either simple or compounded. Simple interest is easy to calculate. Determine simple interest with this formula: Principal Loan x Annual Interest Rate x Length of Loan. Compound interest, based on your original loan plus the interest accrued, is more difficult to calculate. The formula for compound interest depends on how often your loan compounds: monthly, quarterly, or yearly. How long your case takes to reach a settlement. Accumulated interest climbs higher if you have a longer loan. So, if your case takes a long time to settle, you will owe more in loan interest. While you can’t know exactly how much your lawsuit loan costs, interest rates help you compare lenders. How to Evaluate Settlement Lenders When you evaluate lenders for your settlement cash advance, each lender should give you a payment chart for your loan. The chart doesn’t provide the average cost of a lawsuit cash advance, but it details the lender’s interest rates. If the lawsuit lender does not provide you with a lawsuit loans interest rates chart, beware. You want to work with a lender that is straightforward about lawsuit loan fees. You don’t want any surprises when you settle and pay back your loan. Look carefully at lawsuit loans interest rates before accepting the advance. Consider these details when evaluating any potential lawsuit lender: The lender should detail all fees and provide a simple payment chart.The lender should charge no up-front fees.The lender should provide you a free consultation. Besides interest fees, you may see other fees noted on your contract. Lenders sometimes charge application fees, underwriting fees, and origination fees. However, these fees should not amount to much money. If you see a lender charging exorbitant fees, look elsewhere for your lawsuit loan. When Do You Pay Back Your Settlement Advance? You owe no payment on your lawsuit loan until your case settles. When your case settles, you owe the lender the loan principal plus interest. If you lose your lawsuit, you owe the lender nothing. Although loan interest adds to the cost of your lawsuit, plaintiffs weigh the benefits of these loans against the cost. Lawsuit cash advances help plaintiffs pay bills and relieve stress while plaintiffs wait for a settlement. Get Pre-Settlement Funding Now If you are struggling to make ends meet while you wait for your settlement, we can help. We send cash within 24 hours and guarantee the lowest rates. You owe us nothing if you lose. Stop stressing about cash, and call us at (800) 760-0704 or apply today!

Lawsuit Loans in Houston, TX

The Texas Department of State Health Services reports that Texans collectively make millions of emergency room visits each year. As anyone who is familiar with healthcare costs knows well, a serious accident can leave an injured victim with stacks of medical bills along with many other expenses. Through a personal injury claim, much needed financial compensation may be available.   Of course, the legal process often moves slowly — sometimes frustratingly so. Waiting for a settlement could put serious financial strain on your family. Lawsuit loans offer an answer. At Ally Lawsuit Loans, we offer the lowest rate pre-settlement lawsuit loans in Houston, TX. If you need a lawsuit cash advance in Houston, contact us for immediate assistance.  What is a Lawsuit Loan and How Does it Work? A Cash Advance on the Expected Value on Your Lawsuit A lawsuit loan is not technically a loan at all — it is a non recourse cash advance that is supported solely by the future value of a legal case. In other words, in obtaining a lawsuit loan, you are trading part of your settlement or trial verdict in exchange for cash today. If you lose your case, you are not obligated to repay anything.  Eligibility is Based on Your Case — Not Your Credit History  Whether or not you are eligible for a lawsuit loan in Houston will be based on the strength and projected value of your lawsuit. This is why a lawsuit cash advance cannot be processed until the lending company gets important documents from your attorney. Eligibility does not depend on your financial background or your credit history.   Make Sure You Find the Lowest Available Rates Lawsuit loans do not come with monthly payments. Further, should you lose your case, you are not required to pay back the proceeds. There is no risk. Of course, that does not mean that costs are irrelevant. You should always look for a Houston lawsuit lending company that offers the lowest rates. Beyond that, we recommend that you only take out what you need to support yourself and your family. If you are approved for a higher amount, you do not need to accept all of it — you can always come back for a second lawsuit loan should your case take even longer than expected.  Pre-Settlement Lawsuit Loans We Offer in Houston, TX At Ally Lawsuit Loans, we fund a wide range of different types of legal cases. If you are expecting to recover financial compensation through a legal settlement or through a lawsuit, you may be qualified for an immediate cash advance. Some of the specific types of cases that we frequently offer lawsuit loans for in Houston, TX include:   Personal injury lawsuit loans;Car accident lawsuit loans; Premises liability lawsuits; Medical malpractice lawsuits;Product liability claims; Defective medical device claims; andEmployment law claims, including wrongful termination lawsuits.  If you have questions or concerns about whether or not you are eligible to get a cash advance for your Texas lawsuit, we encourage to give us a call right away. Our Houston, TX legal funding specialists will be more than happy to review your case and help you understand your options for a lawsuit loan.    Why Choose Ally Lawsuit Loans for Pre-Settlement Funding in Houston, TX Are you applying for a lawsuit cash advance in Houston, TX? Work with the region’s preferred lawsuit lending company. At Ally Lawsuit Loans, we are dedicated to providing plaintiffs (our clients) with the best services in the industry. Specifically, our Houston, TX pre-settlement funding specialists will:  Get you access to the lowest rate lawsuit loans in Houston — guaranteed;Process your application efficiently, with approval taking as little as 24 hours; andProvide complete fairness and transparency — with no confusing terms or hidden fees.  Finally, we believe in treating our client right. Our customer support team will make sure that you understand exactly what is happening during every step of the application process. If you have questions about lawsuit funding in Southeast Texas, we are always here to provide reliable support.  Apply for a Lawsuit Loan in Houston, Texas  At Ally Lawsuit Loans, we are committed to providing the lowest interest rate lawsuit loans and pre-settlement funding to clients. If you need immediate funding to support you while your legal claim is still pending, we are here to help. Contact us today to apply for a lawsuit loan. We serve plaintiffs in Houston and throughout the surrounding communities, including in Harris County, Galveston County, Montgomery County, Liberty County, Fort Bend County, and Chambers County. 

Slip and Fall Pre-Settlement Funding

Slip and falls are among the most common types of accidents reported in the United States. Indeed, the National Floor Safety Institute (NFSI)published findings indicating that more than one million Americans seek emergency medical attention for slip and fall accident injuries each year.  If you were injured in a slip and fall accident that happened because of the negligence of a business or a property owner, you may be entitled to recover financial compensation through a lawsuit. Unfortunately, even if you have a winning case, it can take quite a long time to get a slip and fall accident settlement.  At Ally Lawsuit Loans, we provide plaintiffs with the lowest cost slip and fall pre settlement funding. If your bills are starting to pile up while you are awaiting a slip and fall accident settlement, there are options available. Please contact our team to learn more about your eligibility for immediate funding.  Why Work With Ally Lawsuit Loans for Slip and Fall Funding Pre-settlement slip and fall funding — also sometimes called a ‘slip and fall lawsuit loan’ — is not technically a loan at all. Like other types of pre-settlement personal injury funding, it is non recourse funding. That means that there are no associated monthly payments and that you only have to repay the ‘loan’ if you receive a settlement or a verdict. If your slip and fall accident case is not successful, you keep the money and have no further obligations. The legal funding company accepts the risks.  While pre-settlement funding offers immediate access to financial support, it is crucial that you choose the right lawsuit lending company. Sadly, there are firms out there that charge exorbitant interest rates or attach hidden fees to cash advances. Our company is different. At Ally Lawsuit Loans, we are proud to be the most trusted lending funding company. Among other things, our team:  Offers plaintiffs the lowest interest rates in the industry — 100 percent guaranteed;Commits to using fair and transparent application process; Provides all clients with attentive and fully personalized customer support services; Can issue pre-settlement slip and fall funding in as little as 24 hours; andGuarantees that you repay $0 if your case does not settle or you lose.  We know that lawsuit loans are complicated. You may have questions about your eligibility, the application process, how much you should take out, or other related issues. Our slip and fall lending specialists are standing by, ready to get you the information and answers that you deserve. Get the cash that you need without all of the hassle.  Apply for Slip and Fall Lawsuit Funding Today At Ally Lawsuit Loans, our lawsuit funding specialists are committed to providing the lowest rate pre-settlement cash advances in the entire industry. If you need money for your slip and fall accident lawsuit, we are available to help. To apply for a personal injury lawsuit loan, please do not hesitate to contact our customer support team today.