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.
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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 look out 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. 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 law case is still pending. At Ally Lawsuit Loans, we provide employees the lowest cost wrongful termination lawsuit settlement funding — guaranteed. 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. 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.
Serious injuries remain far too common in the United States. The National Highway Traffic Safety Administration (NHTSA) reports that nearly two million Americans are injured in car crashes every year. Many millions more are hurt in other types of accidents. Injured victims need the maximum available compensation to pay their bills and support their loved ones. Unfortunately, going through the legal claims process can be slow and frustrating. The good news is that there are immediate funding options available — with a lawsuit loan, you can get cash now in exchange for a portion of your future settlement. This raises an important question: How do you find the best lawsuit loan companies? At Ally Lawsuit Loans, we are committed to offering the best services in the industry. We want to make sure that you and your family have the full information that you need to shop for a lawsuit loan. Below, you will find a guide that explains the most important things that you need to know about finding the right pre-settlement lawsuit loan. Four Tips to Help You Shop for a Lawsuit Loan It is a sad reality, but there are some unscrupulous companies operating in the legal lending industry. By knowing how to shop for a lawsuit loan, you can avoid these firms and find a legal funding arrangement that is right for you and your family. When shopping for a pre-settlement cash advance, please be sure to keep the following four tips in mind: Understand the Costs: First and foremost, you need to understand the costs of obtaining legal funding. Similar to buying any other product or service, one of the keys to shopping is comparing costs. You do not want to pay more than is actually required. Look for the lowest rate lawsuit loan that you can find for a reputable company. Interests rates matter. The less you pay in interest, the better it will be for your bank account. Keep Your Attorney in the Loop: There are legal regulations in place that will generally prevent your lawyer from offering you a lawsuit loan. However, they can help you with the process of obtaining one. It is always best to keep your lawyer in the loop. When you apply for a loan, your attorney will need to provide some documents and records to the lending company. The faster this information is received, the sooner you will be able to get your funds. Ask About Fees and Terms: Unfortunately, some lawsuit loan companies use hidden fees and confusing terms to take advantage of their clients. When shopping for a lawsuit loan, it is strongly recommended that you ask about application fees, terms, and anything else that you might not fully understand. Knowledge is power. Trust Your Gut: One of the red flags to watch out for include representatives who simply will not give you straight answers to your question. You deserve a company that will always be honest and upfront with its clients. Applying for a lawsuit loan or requesting more detailed information from a lawsuit lending company does not require you to accept the deal. Until you have signed the paperwork, you can always walk away. If you are getting a bad feeling, for whatever reason, it is best to shop for a different pre-settlement funding company. Why Ally Lawsuit Loans is the Best Choice for Legal Funding Shopping for the best legal funding option is important. At the end of the process, we are confident that you will find that Ally Lawsuit Loans is the best choice for pre-settlement funding. Our company is a reliable and trustworthy legal lending firm. We believe in putting the needs and interests of our clients first. You deserve a company that treats you with compassion, honesty, and integrity. Among other things, we promise clients: The lowest rate lawsuit loan funding in the industry — guaranteed;Efficient processing, with money arriving in as little as one day; Clear, concise, and fair terms — no hidden fees, ever; andProfessional and attentive customer support services. We understand that shopping for and applying for lawsuit funding can be stressful, intimidating, and confusing. Ally Lawsuit Loans offers an accommodating, no pressure process to help you get the pre-settlement cash advance that you need. We will answer your questions, address your concerns, and make sure that you find the lawsuit loan that is truly best for your unique financial circumstances. Apply for an Affordable Lawsuit Loan Today At Ally Lawsuit Loans, our legal funding team is proud to be a leader in the industry. We offer the lowest interest rate lawsuit loans to plaintiffs. To apply for legal funding, get in touch with our team today. If you have any questions or concerns about lawsuit loans, our legal funding specialists are standing by, ready to help.
Accidents happen. According to data provided by the California Health Care Foundation, more than five million people visit emergency rooms in the state with ‘unintentional injuries’ every year. When a victim’s injuries are caused by another party, they may be eligible to recover financial compensation through a legal claim. Unfortunately, with complex legal cases, it can take many months or even years for an injured victim to get financial compensation. Legal funding offers a cost-effective solution. You can get money to pay your bills now, while still giving your lawyer time to aggressively pursue maximum compensation through a lawsuit. At Ally Lawsuit Loans, we pride ourselves on providing the lowest cost pre-settlement funding in California. If you or your loved one is considering applying for a lawsuit loan in California, we encourage you to contact our legal funding specialists to learn more about your available options. Lawsuit Loans: California With lawsuit funding in California, plaintiffs can get an immediate cash advance while their case is working its way through the legal claims process. It should be noted that, although pre-settlement funding is often referred to as a ‘loan’, these types of cash advances are not actually ‘loans’ at all. When you apply for legal funding in California, you are agreeing to sell a portion of your future settlement in exchange for payment now. What happens if you lose your case? You keep the money and you owe nothing. Period. At Ally Lawsuit Loans, we offer settlement loans in California that are ‘non-recourse’. There is absolutely no risk in applying for and obtaining legal funding. We will purchase a share of your legal claim — if you lose, then our share of that claim will be zero. As an example, we might give a plaintiff in Southern California a car accident lawsuit loan that is worth ten percent of the value of their case. When the claim is settled, our company will be repaid through the proceeds of that settlement. However, if, for whatever reason, the case is not successful, then our clients keep the money and we cover the losses. Understanding California’s Personal Injury Laws In California, most personal injury claims must be filed within two years of the date of the accident. If plaintiffs fail to comply with this statutory deadline, they may not be able to bring a claim at all. The sooner you initiate your claim, the sooner you can get access to compensation. Most personal injury claims are based on the state’s ‘negligence’ standard. As explained in the Judicial Council of California Civil Jury Instructions, negligence is “the failure to use reasonable care to prevent harm to oneself or to others.” Depending on the specific circumstances, both acting or failing to act could potentially constitute negligence. Ultimately, California’s personal injury laws are complicated. Injured victims should ensure that they get themselves the professional medical care and professional legal guidance that they need. If you suffered a serious injury, it is crucial that you seek representation from an experienced California personal injury attorney. Our lawsuit funding specialists can work directly with your legal representative to get you the pre-settlement cash advance that you need to pay your bills and support your family. Workers’ Comp Claims are Not Eligible for Legal Funding in California In some states, workers’ compensation funding is available. Unfortunately, California is not one of these states. Due to local regulations, our firm cannot offer pre-settlement workers’ compensation funding in California. If you have a question about your ability to qualify for a pre-settlement cash advance in California, please contact us right away. We will get your answers. Do You Need Legal Funding? Apply for a Lawsuit Loan in California Today At Ally Lawsuit Loans, our team is committed to providing plaintiffs with the lowest rate lawsuit loan funding. You can apply for legal funding in California and get approved for a loan in as little as 24 hours. If you have any questions about your case or legal funding in general, please do not hesitate to contact our California lawsuit loan specialists for assistance. We are proud to serve communities throughout the state of California.
If you are going through the legal claims process — whether for a car accident, a workers’ compensation claim, or any other type of personal injury case — you are probably already aware of the fact that settlement rarely comes quickly. Unfortunately, the slow nature of the American legal system can leave plaintiffs in a difficult position: You may need money to pay your bills now, but your settlement might still be months away. A pending lawsuit loan offers a cost-effective solution. At Ally Lawsuit Loans, we are committed to providing exceptional service and the best interest rate lawsuit loans to plaintiffs. If you or your family member is considering applying for legal funding, we want to make sure you have access to all of the information that you need to protect your rights. Here, you will find the best tips for plaintiffs seeking a pending lawsuit loan. Five Tips for Getting the Right Lawsuit Loan Make Sure You Understand the Costs Before accepting a lawsuit loan, it is essential that you understand the full nature of the costs. As explained by Investopedia, the costs associated with a high-interest rate can add up quickly. Make sure you look for a low, fair rate on your loan. Sadly, not all lawsuit lending companies take the time to explain the true costs of their services. At Ally Lawsuit Loans, we offer the most affordable lawsuit loans in the industry — guaranteed. We also make sure that our clients have an in-depth understanding of the cost of getting legal funding. It is Best to Keep Your Lawyer Involved in the Process For plaintiffs, the legal funding process works best when they keep their attorney involved. As an example, if you are considering applying for an auto accident lawsuit loan, make sure you discuss doing so with your car accident lawyer. One of the biggest advantages of getting a lawsuit loan is that it will provide you with the financial breathing room that you need in order to give your attorney the time that they need to maximize your settlement or personal injury verdict. Money Comes Faster When Documents are Well-Organized You may be wondering: How quickly can I get a lawsuit loan? There is no simple answer to this question, as the speed of approval depends on a wide range of different factors. hat being said, in some cases, our legal funding specialist can approve a loan for pending lawsuit in just 24 hours. What do you need to do to speed up the application and approval process — make sure the lawsuit lending company has access to all of the case documents that they need to move forward. The sooner that your attorney can get the required documents, records, and information to the financing company, the sooner money will be in your pocket. You Need a Reliable Lawsuit Funding Company Loans for pending lawsuits are offered by many different firms. Be sure that you are working with the right company. Plaintiffs need a reliable and dependable legal funding firm. Among other things, you should look for a company that offers: Low rates; Clear, concise terms;Transparency; Efficiency; andHelpful customer service. The bottom line: Do not trust your legal funding to just any company — always work with the best in the industry. Do Not Borrow More than You Need When applying for a loan against lawsuit settlement, it is important to remember that you should not borrow more than you actually need to get you through the next few months. Of course, how much financing you should seek will depend entirely on your individual financial circumstances. If you are not sure how much you should apply for, there is nothing wrong with leaning on the conservative side. You can always apply for a second pre-settlement lawsuit loan. If you work with our legal funding specialists, you can take less than the maximum amount you were approved for, and we will be more than happen to provide additional legal funding in the future should you determine that you need more money. Apply for a Lawsuit Loan Today At Ally Lawsuit Loans, we are committed to providing the lowest cost lawsuit loan funding to plaintiffs. If your bills are piling up and you are awaiting a legal settlement, our team will help you explore your financial options. Apply for a lawsuit loan and get approved in as little as 24 hours. If you have any questions about lawsuit loans, please give our legal funding specialists a call.
Following a major accident, injured victims are often left dealing with stacks of medical bills and missed paychecks. These costs can be enormous — according to data provided by HealthCare.org, the average cost of a three-day hospital stay is approximately $30,000. Through a lawsuit, plaintiffs can recover financial compensation for their damages. Unfortunately, even if you have a very strong case, the legal claims process can be frustratingly slow. This is where a lawsuit funding company can make a difference. At Ally Lawsuit Loans, we pride ourselves on offering clients the best pre-settlement funding services. Our team wants to make sure that plaintiffs have all of the information that they need to best protect their financial interests. Here, we provide an overview of lawsuit lending companies. Lawsuit Funding Companies: Explained With lawsuit funding, plaintiffs “borrow” against a future legal settlement or legal judgment. While this type of funding is frequently referred to by the shorthand “lawsuit loan”, that term is actually a bit of a misnomer. Technically, lawsuit funding companies do not offer loans at all. Quite the contrary, lawsuit funding companies buy a portion of your future settlement in exchange for an immediate cash advance. It is important to distinguish this type of financing arrangement from a loan. A lawsuit funding company can only be paid through a portion of your settlement. If you lose your case, then you get to keep the proceeds of the ‘loan’, and you do not owe anything at all. If you win your case, then the legal funding company will be repaid out of part of your settlement. Settlement loan companies offer plaintiffs a chance to get immediate financial stability and security. In many cases, plaintiffs have a strong legal case, but insurance companies, knowing that they need the money to pay their bills now, will try to drag out the process to get them to agree to a quick, lowball settlement offer. With legal funding, you can give your attorney time to pursue the maximum financial compensation, while also having access to the money that you need to cover your expenses today. Three Qualities to Look For in a Lawsuit Funding Company Affordability As a starting point, it is crucial that you find a lawsuit funding company that offers fair rates. At Ally Lawsuit Loans, we provide plaintiffs with access to the lowest-rate-legal funding — guaranteed. We want to make sure that as much money as possible stays in your pocket. We strongly encourage our clients to take only what they need to pay their bills until their case is settled. Affordable legal funding is our mission. Transparency Unfortunately, there are some unscrupulous lawsuit loan companies operating in the industry. It is not unheard for firms to provide funding that comes with hidden fees or disguised terms. When looking for the right lawsuit lending company, make sure you find one that is fully transparent. Your terms should be clear, concise, and well-explained. Reliability Finally, plaintiffs should always look for a reliable lawsuit lending company. The entire point of a lawsuit loan is to get funding now. Look for a company that can help you navigate the application process and handle your documents in an efficient manner — this way, you will be able to get the full funding that you need to pay your bills, without any undue delay. What Types of Cases are Most Common for Legal Funding Companies Lawsuit lending companies can handle a wide range of different cases. Generally, our team provides funding to plaintiffs who have suffered financial damages and are awaiting a settlement or jury verdict. Specifically, some of the cases that lawsuit loan companies frequently handle include the following: Car accident claims;Truck accident lawsuits;Motorcycle accidents;Bicycle accidents;Pedestrian collisions;Product liability claims;Medical malpractice claims;Slip and fall accidents; Premises liability claims;General personal injury lawsuits; andEmployment & labor law claims. We also provide lawsuit funding for workers’ compensation claims in nearly two dozen states across the country. However, due to state-specific regulations, legal funding cannot be offered for workers’ comp claim in some U.S. states. If you were injured at work and are interested in obtaining lawsuit funding, please check our list of states in which pre-settlement workers’ compensation loans are offered. Get Help From a Lawsuit Funding Company Today At Ally Lawsuit Loans, we are a professional lawsuit funding company that is committed to offering plaintiffs the lowest rates in the industry. Do you need a pre-settlement cash advance? Apply for lawsuit funding and qualify within as little as 24 hours. If you have any specific questions or concerns about lawsuit loans, please do not hesitate to reach out to our legal funding specialists today. We are more than happy to help.