If you receive a settlement from a personal injury case involving a car accident, you might be wondering if you owe any taxes on your settlement earnings. According to the IRS, if you receive a settlement due to physical injuries or sickness, and don’t take an itemized deduction for medical expenses due to the injury, your settlement isn’t taxable....
Like any accident, hit-and-runs leave a devastating impact on your physical and financial well-being. If you sustain injuries from a hit-and-run accident, you might need help paying for medical treatment or other living expenses while you recover. Thankfully, pre-settlement funding can help you keep you financially afloat while you wait for your hit-and-run lawsuit to settle. Here’s what you...
While traditional lawsuit loans help in certain situations while waiting for your settlement, medical emergencies may leave you struggling financially regardless. Even when you have health insurance, certain types of treatment might exceed your coverage or not be covered at all. If you cannot pay for your treatment after receiving it, a medical lien might be taken out by...
While conventional loans have been around for a long time, lawsuit loans are relatively new. For the most part, lawsuit lending is unregulated at the federal level. However, some states have strict laws in place for lawsuit lending companies to protect borrowers. Since lawsuit lenders remain mostly unregulated, you must take extra care when applying for a lawsuit loan....
If you're considering getting a pending lawsuit loan, you're not alone. Every day we provide cash advances on pending lawsuit settlements to plaintiffs across the county. As with any financial decision, it's important that you get all the facts before making the decision to seek pre-settlement funding. Because civil lawsuits like personal injury or employment law claim lawsuits can...
If you need pre-settlement funding for your lawsuit, it is essential to shop around for the best lawsuit funding rates. Many legal funding companies offer pre or post-settlement loans and cash advances to plaintiffs in exchange for a portion of their settlement. In many cases, lawsuit loans help people avoid financial difficulties like foreclosure, eviction, utility shut off, bankruptcy,...
Fair Rate Funding is a New Jersey based lawsuit loan company founded in 2007. They offer pre-settlement loans for people with pending lawsuits who need cash to meet their financial needs. They have their own underwriting process and provide clients with a wide range of cash advancement amounts, depending on the value of their case. Pre-settlement funding provides your...
Motorcycle accidents tend to involve severe to catastrophic injuries. This fact comes as no surprise, given that motorcycles are less crashworthy than vehicles. Because of the potential financial exposure, insurance adjusters will look for any possible way to reduce their potential payout. That can mean your motorcycle accident lawsuit ends up taking months or even years to resolve. In...
For many, lawsuits mean settlements and financial recovery. However, while waiting for your case to settle, you may find yourself unable to pay your everyday expenses. Fortunately, there are options. Ally Lawsuit Loans can help get you the money you need now. What Is a Lawsuit Loan? A lawsuit loan is not like a traditional loan. Lawsuit loans exist...
If you are a plaintiff in a pending lawsuit in Las Vegas – such as a personal injury claim – you may qualify for a pre-settlement cash advance against your eventual payout. At Ally Lawsuit Loans, we've helped hundreds of folks in Las Vegas get immediate cash to cover their expenses while they wait for their lawsuit to settle....