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!
Ally Lawsuit Loans Blog
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!
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 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. Check Out Some Of the Recent Reviews From Around the Web 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 hassles. Apply for Slip and Fall Lawsuit Funding Today At Ally Lawsuit Loans, our lawsuit funding specialists are committed to providing the lowest rate of 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.
Even if you have a strong and well-supported legal claim, it can take a significant amount of time to recover full and fair financial compensation through a lawsuit. As described by the American Bar Association (ABA), the typical tort claim — such as a personal injury lawsuit — will take somewhere between three months and twenty-four months to reach a resolution. This raises a potential problem for plaintiffs: What do you do if you need money right now? One option available is that you can borrow money from your settlement. There are, of course, pros and cons to getting a loan against a lawsuit. Still, for many people, lawsuit funding is the most cost effective way to get bills paid now. How Does Lawsuit Borrowing Work? If you are getting money for lawsuit or a loan against lawsuit, you are technically getting something called a ‘non recourse cash advance’. Although the term ‘loan’ is often used in the industry, lawsuit funding is not technically a loan at all. Instead, plaintiffs “sell” a portion of the value of their case in exchange for immediate cash. This means that your eligibility to borrow against your lawsuit is based on the strength and value of that lawsuit. The higher your settlement is expected to be, the more cash you will likely be able to access today. With lawsuit borrowing, there are no credit checks and there is no income verification. Approval may take as little as a single day. That being said, a lawsuit lending company will need some basic information from your attorney before it can proceed in reviewing your application for a settlement advance. No Monthly Payments — You Only Pay if You Recover Financial Compensation When you are looking for the right lawsuit lending company, two of the most questions you need to ask are as follows: Are there monthly payments? Do I have to repay anything if I lose my case? The answer to both questions should be ‘no’. Lawsuit funding is non-recourse funding. That being said, there should be no monthly payments and you should only be required to pay if you get a settlement or trial verdict. Though there are no monthly payments, it is still important to consider your case. Make sure you find the lowest rate lawsuit funding. When your case is finally resolved, you will want to pay back as little as possible. Sadly, some lawsuit lending companies charge clients sky-high interest rates. There are better options available — Ally Lawsuit Loans guarantees the lowest rates in the entire industry. Apply for Lawsuit Funding Today At Ally Lawsuit Loans, we are proud to provide the lowest cost pre-settlement lawsuit funding to plaintiffs across the country. If you are interested in borrowing money for your lawsuit, please do not hesitate to submit your application today. Our customer support team is here to answer any questions that you might have and to walk you through all aspects of the application process.
Waiting for a lawsuit settlement can be stressful and frustrating. As the American Bar Association (ABA) explains, personal injury claims can take months or even years to reach a final resolution. Unfortunately, your bills are not going to wait that long. This is where a settlement advance offers an answer. In the most simple terms, a settlement advance is a way to trade part of the future value of your lawsuit settlement or trial verdict for immediate cash funding. In other words, a settlement advance can be a cost-effective way for plaintiffs to get some much needed financial breathing room while they wait for the defendant or insurance company to take action. Lawsuit Settlement Advances: Three Important Things You Need to Know Settlement Advance Funding is Not Technically A Loan You may hear a settlement advance referred to as a lawsuit cash advance loan, a personal injury lawsuit loan, or pre-settlement funding. Indeed, many different terms are used within the industry to describe the same thing. Notably, while a settlement advance is often called a “loan”, that is technically a misleading term. Pre-settlement funding is non-recourse funding. This means that you are not required to pay anything if your case never settles or you lose it in court. Instead of getting a loan, plaintiffs are “selling” a portion of their settlement for a cash advance. Eligibility Depends on the Strength of Your Case You are not automatically qualified for settlement funding. Eligibility for this type of cash advance will depend on the strength and total value of your legal case. To be clear, this means that your credit history is irrelevant. At Ally Lawsuit Loans, we do not do credit checks, nor do we require income verification or employment verification. Your financial circumstances will not block you from getting access to the cash advance that you need. The Cost of Lawsuit Funding Matters Finally, it is important to remember that lawsuit funding is not free. While there are no monthly payments and you will owe nothing if you lose your case, you are selling a portion of your settlement. It is imperative that you look for a lawsuit lending company that offers affordable, fair rates. At Ally Lawsuit Loans, we are proud to provide plaintiffs with the lowest rate settlement advance funding— guaranteed. We lookout for the financial interests of our clients. Our team wants you to take only what you need to pay your bills and support your family while you wait for the settlement check. Apply for a Lawsuit Settlement Advance Today At Ally Lawsuit Loans, we are committed to providing the lowest cost settlement advances to plaintiffs. If you are interested in obtaining a cash advance on a pending lawsuit, we are here to help. We encourage you to apply now— you may qualify in as little as 24 hours. Have specific questions? Our top- rated customer service team is standing by, ready to walk you through all of the steps of the application process.
It can take a long time for a lawsuit to be resolved. You may have stacks of bills that need to be paid, but you may not be sure how much longer you will need to wait to get your settlement check. A lawsuit loan is a tool that provides a solution — it allows plaintiffs to get access to immediate funding while their case is still being processed. That being said, getting a lawsuit loan is not right for every plaintiff or for every situation. At Ally Lawsuit Loans, we are committed to offering plaintiffs the lowest interest rate lawsuit loans — guaranteed. We want to make sure that you are able to make the best decision for your own circumstances. No-pressure legal funding is available. Here, our team has put together a list of the pros and cons of applying for pre-settlement funding. What You Need to Know About Lawsuit Settlement Loans Pros: The Top Three Advantages of Obtaining a Lawsuit Loan A Cash Advance Can Tide You Over: First and foremost, the biggest advantage of getting a pre-settlement lawsuit loan is that you can get access to money now. If you are unable to cover your bills or you are in a particularly tight financial situation, a lawsuit cash advance offers an immediate solution. You will get the financial breathing room that you need. Your Attorney May Be Able to Get a Better Settlement: In some cases, a lawsuit loan can actually help plaintiffs obtain a better settlement offer. Without immediate financial pressure to settle your case, your attorney will have more time to build and present a strong, compelling case. Do not let an insurance company pressure you into accepting an unfair, low settlement. You Pay Nothing if You Lose: Finally, you can get no-risk legal funding. At Ally Lawsuit Loans, we offer our clients zero risk cash advances. If they do not win their case, they do not have to pay back the loan. End of story. For example, if you receive a car accident settlement loan from us, and then, for whatever reason, your attorney is unable to settle your case and recover compensation for you, you have no further obligation. You get to keep the money. Cons: Two Potential Disadvantages of Getting Lawsuit Funding There are Financial Costs: The primary drawback of getting a lawsuit loan is pretty simple: it costs money. Legal funding is not free. For this reason, you should never take a larger lawsuit loan than you actually need. You should also be sure to find a pre-settlement loan that offers the lowest fees and interest rate. As explained by Investopedia, the cost of interest will compound over time. You May Not Qualify: Another downside of applying for a loan is that your case may not actually qualify for funding. To get a lawsuit loan approved, there are some requirements that must be satisfied. Our legal lending specialists will work directly with your attorney to determine if you are eligible to receive a pre-settlement cash advance. We understand that it can be frustrating to go through the application process only to be denied in the end. Our team works hard to provide flexible funding solutions for plaintiffs. Apply for a Lawsuit Loan Today At Ally Lawsuit Loans, we always encourage our clients to request only what they need to pay their bills while they are awaiting their settlement or judgment. You can always come back to us and get a second lawsuit loan. To apply for legal funding, please do not hesitate to contact us today. We look forward to assisting you.
Unfortunately, criminal assaults remain a serious problem. According to data collected and published by the Bureau of Justice Statistics (BJS), nearly three million Americans were victims of violent criminal acts in 2017 alone. An assault or battery can lead to very serious injuries. To cover medical bills, lost wages, and pain and suffering, injured victims have the right to file a lawsuit against all responsible parties — potentially including the criminal attacker and negligent property owners or businesses. Of course, any person who has filed a lawsuit knows well: the legal claims process can be slow. Even if you have a strong case, it can still take many months, possibly longer, to get the full financial compensation that you deserve. At the same time, your bills are not going to wait. This is where legal funding offers a solution. At Ally Lawsuit Loans, we provide the lowest cost assault lawsuit settlement loans — guaranteed. Assault and Battery Lawsuit: Settlements Assault and battery injury claims are notoriously complex. While a plaintiff has the right to bring a lawsuit against a criminal attacker, often that defendant will not have much, if any, money available. As such, these cases are often filed against other parties whose negligent conduct permitted or facilitated the attack — property owners, businesses, employers, security companies, school, etc. Injured victims deserve full and fair financial compensation for their damages. Depending on the specific circumstances of the case, a victim of assault or battery may be eligible to recover financial compensation for: Property damage or property loss; Emergency room treatment;Other medical bills or health care expenses; Physical therapy; Rehabilitative care;Lost wages; Diminished earning potential;Pain and suffering;Mental distress;Scarring/disfigurement;Permanent disability; andWrongful death of a family member. Building a Case Takes Time — Pre-Settlement Funding Offers Immediate Support It takes some time to prepare an effective personal injury lawsuit. As explained by the American Bar Association (ABA), the length of the personal injury claims can vary widely. Though, the ABA notes that it typically takes between takes somewhere between three months and three years to resolve a case. The more complicated the case and the more severe the victim’s injuries, the longer it usually takes to reach a settlement. If you suffered severe injuries as a result of an assault or a battery, waiting for a settlement may cause you tremendous financial hardship. Often, injured victims have stacks of medical bills and they may also be forced to miss time at work. It is no surprise that it is easy for victims to fall behind on mortgage payments, other bills, and their day-to-day expenses. Unfortunately, defendants and insurance companies will use this pressure as a tactic. They know the plaintiffs want to speed up the claims process. They will try to get you to accept a lowball, unfair settlement. A lawsuit loan can give you the financial breathing room that you need to let your lawyer build a winning case. Why Choose Ally Lawsuit Loans for Personal Injury Funding Not every legal financing company is reliable. Sadly, some firms offer clients funding that comes with exorbitant fees or with hidden terms. Ally Lawsuit Loans is different. We are committed to efficiency, fairness, and client service. Our legal funding team makes the following promises to our clients: Lowest rate lawsuit funding in the industry — 100 percent guarantee;A truly transparent process, free from any hidden terms and conditions;Approval of your loan in as little as one day; andFriendly, helpful, compassionate customer support services. If you are considering applying for a lawsuit loan for your assault claim or negligent security lawsuit, we are available to provide support and answer your questions. Our team of top-rated customer support advocates will work with you through every step of the application process. We are here to assist you in finding a legal funding solution that works best for you and your family. Apply for an Assault & Battery Lawsuit Loan Now At Ally Lawsuit Loans, we are proud to be the plaintiffs’ preferred legal funding company. If you or a member of your family was the victim of assault or battery, and you are waiting for a financial settlement, we are here to help you get cash right away. To apply for a lawsuit loan, please fill out our contact form today. If you have any questions about our services or your financial options, we encourage you to give us a call. We have the answers.
Anyone who has filed a legal claim or a lawsuit already knows that the process can be slow and frustrating. This presents some potential problems for plaintiffs: You may have bills that are due now, but your settlement could still be months away. Legal funding provides a solution. That being said, before you accept a cash advance, you need to know that you are working with the right company and that you are getting the right terms. At Ally Lawsuit Loans, we are proud to offer the lowest cost lawsuit cash advance — guaranteed. We want all current and prospective clients to have the information that they need to protect their financial interests. Here, we highlight the questions you should ask before taking out a lawsuit loan. Lawsuit Cash Advance Loans: Five Questions that You Need to Ask 1. Will I Be Required to Repay the Loan if I Lose My Case? Legal claims always come with some level of risk. There is simply no guarantee that you will win your case or get a settlement until you actually have that check in your hands. One of the first questions that you should ask a legal financing company is whether you will be required to repay the lawsuit cash advance if you lose your case. Plaintiffs can and should find a legal lending company that will offer you a truly risk-free cash advance. At Ally Lawsuit Loans, our clients only pay us back if they win their case. Otherwise, they keep their money and owe nothing. Period. 2. What Rates and Fees Do You Charge? Not all lawsuit lending companies charge the same rates. Before you accept a lawsuit cash advance, please make sure that you understand the fees and interest rates. As the National Endowment for Financial Education (NEFE) explains, higher interest rates are better for the lender — not for the borrower. Be sure that you find the lawsuit loan company that offers you affordable financing. Low rates are available. We will get you the lowest interest rate lawsuit cash advance for your case. 3. Do You Require Monthly Payments? To better understand the arrangement, it is a good idea to ask the lawsuit loan company if monthly payments will be required. The answer should be ‘no’. If monthly payments are required, then you are not actually getting a no risk loan. As a general rule, you should look for a legal lending company that offers the following terms: No application fees;No monthly payments; No hidden fees;No hidden terms or conditions;No repayment until your claim is settled; andNo repayment if you lose your case. The entire point of a lawsuit cash advance is to help plaintiffs get more financial breathing room while their legal claim is still pending. The last thing you need is another monthly payment to worry about. 4. How Will You Determine My Eligibility? Of course, lawsuit loans are not available to everyone. In order to get approved for funding, you must have a viable legal case. When seeking a loan, you should inquire about the company’s specific eligibility standards. As an example, imagine that you suffered a serious injury in a slip and fall accident. You brought a personal injury claim against the negligent business and you are now awaiting settlement. You need to know exactly how the legal financing company will determine your pre-settlement personal injury loan eligibility. 5. What Steps Do I Need to Take to Get Funding? Finally, you should ask about the specific steps in the application process. With some lawsuit financing companies, there are many hoops to jump through. Fortunately, it does not always have to be that way. Transparency is important. It is best to look for a lawsuit loan company that will clearly explain the steps to you and that will work directly with you and your attorney. In general, your attorney will be required to provide some basic documentation before your cash advance will be approved. Apply for Cash Advance Lawsuit Funding Today At Ally Lawsuit Loans, we provide funding to plaintiffs pursuing the full range of legal cases — from personal injury claims and car accident lawsuits to work injury cases and wrongful termination lawsuits. If you are considering seeking a cash advance on lawsuit, we are here to help. You can apply for funding now through our website. Our top-rated customer support team is always standing by, ready to help you navigate the application process.
In most U.S. states, employees are hired on an ‘at-will’ basis. Under this type of system, employers retain wide discretion in making hiring and firing decisions. That being said, employers cannot remove a worker for an illegal reason or in breach of an employment contract. If an employee was unlawfully fired, then they have the right to hold their employer legally liable through a wrongful termination lawsuit. A wrongful termination claim is a complicated legal case. It is related to employment lawsuit settlement loans Indeed, reaching a settlement can take many months, sometimes even years. Of course, workers who have lost a job often need access to the money right now. With a pre-settlement lawsuit loan, funds can be made available today, while an employment lawsuit settlement case is still pending. At Ally Lawsuit Loans, we provide employees the lowest cost wrongful termination lawsuit settlement funding and the best legal funding for employment law — guaranteed. EMPLOYMENT LAWSUIT SETTLEMENT LOANS FAQ What is Wrongful Termination? With at-will employment, an employer has the right to remove an employee at any time and for any reason — potentially even for a frivolous, ill-advised, or unfair reason. Still, employers are strictly prohibited from firing an employee for an illegal reason. As explained by the Equal Employment Opportunity Commission (EEOC), employees who have been fired for an unlawful reason have the right to seek justice and financial compensation through a wrongful termination lawsuit. These types of claims may be filed under federal law, state law, local law, or some combination of all three. Examples of Employment Lawsuit Settlement Loans Some of the most common examples of wrongful termination include: Racial discrimination;National origin discrimination;Disability discrimination;Age discrimination; Gender/sex discrimination; Sexual harassment; Wage and hour disputes;Overtime pay disputes;Retaliation for filing a workers’ compensation claim; Whistleblower retaliation; andBreach of an employment contract If you believe that you were wrongfully terminated, an experienced attorney in your local area will be able to assess your claim and explain your rights and options. How Much is a Wrongful Termination Case Actually Worth? The value of a wrongful termination claim can vary widely. In bringing these types of lawsuits, employment attorneys will review a wide range of different issues. As a general rule, workers who have been wrongfully terminated have a right to seek financial compensation for the full value of their damages. Depending on the specific nature of your wrongful termination claim, you may be eligible to recover monetary damages for: Back pay;Front pay;Loss of employee benefits,Loss of insurance coverage;Emotional distress;Attorneys’ fees;Other legal costs; andPunitive damages. In most wrongful termination claims, the basis of damages will be loss of current and future wages. For obvious reasons, being unjustly and unlawfully fired can cause serious harm to an employee’s career. It can damage your reputation. Many wrongfully terminated employees report experiencing tremendous financial disruption. Waiting for a wrongful termination settlement or verdict can be extremely stressful — especially if your bills are piling up right now. Legal funding provides an answer. A Lawsuit Loan Can Help Now Through a pre-settlement lawsuit loan, a wrongfully terminated employee can get access to some much-needed financial breathing room. A cash advance can help you pay your bills now, while your attorney takes the time that they need to build and present a strong and compelling employment law claim. It should be noted that you do need an attorney to get a wrongful termination lawsuit loan. Our lending specialists will work directly with your lawyer to get your pre-settlement cash advance approved. At Ally Lawsuit Loans, we are committed to providing employees with the lowest interest rate pre-settlement funding. Our goal is to let you get access to the cash that you need now in an affordable and efficient manner. Should you have any questions about wrongful termination lawsuit loans or your specific case, our legal funding specialists are more than happy to explain your options to you and help navigate all stages of the application process. Apply for a Wrongful Termination Cash Advance Today At Ally Lawsuit Loans, we offer the lowest interest rate pre-settlement funding in employment law claims, including wrongful termination losses and constructive discharge claims. If you or your family member was the victim of wrongful termination and you are pursuing a legal claim, we can help you get the funding you need right now. To apply for a wrongful termination lawsuit loan, please do not hesitate to contact our client support team today. We look forward to working with you. Check Out Our Blog