Ally Lawsuit Loans Blog

police brutality lawsuit loan

The news is full of police brutality reports. Regardless of the reasoning behind a police officer’s decision to abuse their power, police brutality victims often have grounds to file a lawsuit.  Police departments tend to draw these out unnecessarily; they don’t want to admit fault by agreeing to a settlement. This process can be frustrating and extremely costly for...

Essure Lawsuit Loans

After an accident, victims who sustain injuries are often unable to work for a while. Having a shortage of income while bills continue to come in can make waiting for a lawsuit settlement check frustrating. Many people turn to settlement advance loans to make ends meet and pay their bills during these challenging times. However, when a personal injury...

spinal fusion settlement

After a serious accident, you may have spinal damage and be going after a spinal fusion lawsuit settlement. If you’ve suffered a spinal injury and are required to have spinal fusion surgery, you have legal options. Outlined below, we will discuss the average settlement for spinal fusion and provide a few options for getting a pre-settlement loan. Ally Lawsuit...

plaintiff legal funding

When you get injured in an accident, you might struggle to keep up with your finances. Since many personal injuries take a while to recover from, you may not have enough money to pay for medical bills, rent, utilities, groceries, or other expenses. Thankfully, you don’t need to suffer through financial strain while waiting for your settlement. At Ally...

Dramshop Lawsuit Loans

In some states, bars and other businesses that sell alcohol may be liable for the negligent actions of intoxicated customers. Dram shop laws allow plaintiffs to bring a lawsuit against a business that sells alcoholic drinks if they served someone too much alcohol leading to the injury of another party. Dram shop laws are named after a historical unit...

Are Car Accident Settlements Taxable

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....

Hit and Run Lawsuit Loans

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...

Hernia Mesh Lawsuit

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...

Lawsuit Lending Regulations

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....

lawsuit-funding-rates

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,...