Structured settlements and other forms of annuity payments are very useful financial products. With them, you can spread income through a repeating series of payments. For many people, annuities allow them to balance their finances and ensure financial stability in the long term. Sometimes, however, unexpected things happen in our lives. This is particularly true of finances. When accidents happen and bills need paying, there really are no two ways about it. In such a situation, the income you receive from your annuity may not be enough for what your current needs are. Luckily, if you find yourself in such a situation, you still might have options. One of the best options you have is to sell your annuity payments. Ally Lawsuit Loans can help you by giving you cash for your annuity payments. We can also serve you as a structured settlement buyer. By selling your annuity payments to Ally Lawsuit Loans, you can take care of whatever your imminent financial needs are. To reach out to a member of our team, please call (844) 277-1772 or contact us online today. How Do Structured Settlement and Annuity Payments Work? Not everybody knows about annuity payments and structured settlements. This is because, unlike a credit card, an annuity isn’t something we typically encounter in our day-to-day lives. If you find yourself on this page, someone might have already offered you an annuity or a structured settlement, so it is important to know how they work. Annuities in General Structured settlements are a form of annuity, so it is helpful to understand annuities in a general sense before going into structured settlements. At the macro level, an annuity is a contract between two parties. In the agreement, one party agrees to hold onto the assets of the other party and distribute those assets at set intervals. The assets are either transferred through a one-time payment or through periodic payments such as a percentage of a person’s paycheck. Often, the party holding on to the assets agrees to invest the assets while they are in their control. This is typically what happens when workers pay into a 401k or other sort of retirement fund. They set up annuity payments for when they retire, thus ensuring stable income aside from social security or other government-funded retirement income. As with most contracts, the structure of the annuity is fairly open. As a result, annuities can come in many different forms. Structured Settlements A structured settlement is a specific type of annuity. Structured settlements arise out of claims in civil court. One party ends up owing another party for damages they caused them. Although litigants always have the option of recovering their damages in a lump sum, they can alternatively recover their damages at regular intervals by negotiating a structured settlement. If that happens, the defendant will owe the plaintiff a specified amount of money at whatever interval they agree to. How Can Selling My Annuity Payments or Structured Settlement Help Me? As we noted earlier, life is unpredictable. You may have negotiated a structured settlement or set up annuity payments for the future, but things change. Getting cash for annuity payments now helps you maintain financial flexibility. With that flexibility, you can take care of whatever your immediate financial needs are. Some of the most common things that people use their money for are: Paying bills,Starting a business,Buying a house, andPaying for school. You may still wonder, why sell my settlement payments? Won’t I lose money? Although you will often receive less money in the end by selling your annuity, that loss is often offset by the benefit of having cash in your hand now. To illustrate this, read through the following examples. If you have questions or would like to know more about working with Ally Lawsuit Loans to sell your annuity payments, reach out to our team today. Pay Bills If your bills are starting to pile up, it is often difficult to dig yourself out of a financial hole. As more bills come in and remain unpaid, they gain interest. Sometimes, as with credit card debt, that interest is no small sum. Regardless of what bills you have to pay, selling your annuity or structured settlement payment can help you dig out of the financial hole. Often, in the end, you will save yourself from paying a lot of interest in the future by taking advantage of selling your annuity payments. Start Your Own Business Owning a business is a significant part of “The American Dream” and our shared national heritage. After all, the wealth of our country was built by business owners. Even our founding fathers themselves were business owners. Getting your business off the ground, however, can take a lot of money. If you don’t have the resources to start your business, you might consider a business loan. Like other loans, a business loan will have an interest. If you have a structured settlement or annuity, however, you can get your business started now without losing a lot of money to interest on a business loan. Put a Down Payment on a House Like starting a business, buying a house is expensive. Nevertheless, buying a house is typically a financially prudent decision. Real estate tends to grow in value pretty consistently. Like other loans, mortgages have interest rates. As a result, in the end, you may pay six figures more for your house than you initially thought. The more you can put into your down payment, the less interest you owe. Thus, selling your structured settlement or annuity payments to help bolster the down payment on your home can save you a considerable amount of money. Pay for College Like everything else in this list, college is quite expensive. Student loans are doubly so. You may have a child or grandchild that you want to help put through college, or you may want to go to college yourself. A college education will usually pay for itself in increased income […]
Ally Lawsuit Loans Blog
Essure was a birth control product produced by Bayer Pharmaceuticals. In 2018, Bayer halted Essure’s distribution in the United States after safety issues arose with the product. In the years before its discontinuation, thousands of women suffered severe injuries after using Essure. If you are one of those women, you can sue Bayer for damages or join a recent class-action lawsuit. In any case, settlements can take a while. If you are pursuing an Essure claim but need cash now, an Essure pre-settlement loan from Ally Lawsuit Loans may be just what you need. With a cash advance for your Essure lawsuit, you can pursue your claim to its fullest without dealing with added financial stress. What Was Wrong with Essure? Essure was an internal birth control device. Unlike an intrauterine device (IUD), which is implanted in a uterus to prevent pregnancy, Essure prevents pregnancy via fallopian tubes. The device, two short metal coils that are placed into each fallopian tube, prevents pregnancy by creating scar tissue in the fallopian tube opening and thus blocking the ovaries. The injuries that Essure caused were excruciating. Some women reported that Essure pierced the walls of their fallopian tubes, causing intense pain. Others reported that the product came loose entirely. In both instances, aside from excruciating pain, other medical complications have arisen, including reproductive health issues. This was the case for some of those affected who ended up needing hysterectomies to remove the device. These problems are widespread. In fact, the FDA tracks and publishes incidents of problems related to Essure each month. Bayer’s Settlement In 2020, Bayer agreed to a $1.6 billion settlement in an Essure class action lawsuit. The money is meant to account for the injuries that Essure caused to thousands of women over the years. The $1.6 billion is intended for distribution to individual plaintiffs as well as those joining the lawsuit as a class. Thus, if you were injured by Essure, you can join the class action suit or file an individual claim. A Settlement Loan Can Alleviate the Stress of the Legal Process We know the legal claims process is a stressful one. It is particularly stressful if you are still dealing with your injury. If you are in pain or otherwise continuing to suffer from your injuries, you may also be unable to work. This can cause financial stress on top of everything else. An Essure lawsuit loan can help alleviate financial strain so you can fight your case to the end. Don’t let the responsible party bully you into accepting a lowball settlement offer by exploiting your financial situation. Instead, let Ally Lawsuit Loans help you with your immediate financial situation so you can take the time needed to get the full compensation you deserve. Contact Ally Lawsuit Loans Today for Essure Settlement Loans If you need financial help while the legal process takes its course, apply now with Ally Lawsuit Loans for your Essure settlement loan. You don’t need the added financial uncertainty on top of everything else, so let us provide some relief. We offer financing within 24 hours, provide the lowest rate in the industry guarantee, and strive to lead the industry in every way. For more information on our lawsuit loans, be sure to check out our frequently asked questions page.
The immediate physical impact isn’t the only impact that a truck accident can have on your life. In fact, it is just the beginning. Depending on the crash, you might need surgery and even physical rehabilitation. All the while, you might find yourself unable to work. That is why you file a claim for damages with the responsible party. Lawsuits can take up to a few years to settle, and bills still need to be paid. So what do you do in the meantime? If you find yourself in need of financial help while your truck accident claim settles, a pre-settlement loan for truck accidents from Ally Lawsuit Loans is just what you need. Frequently Asked Questions on Semi-Truck Accident Loans If this is the first you are hearing of lawsuit loans, follow along with our frequently asked truck accident lawsuit loan questions. If you decide to take out a truck accident loan, apply today on our application page! How Common Are Truck Accidents? Truck accidents happen every day. Trucking is one of the primary means of moving freight in the US, so, naturally, accidents happen. 2018 brought 4,862 large trucks into fatal accidents on US roads. . As a whole, 2018 saw over 600,000 large trucks involved in crashes: 112,000 of those crashes involved some form of personal injury. What Is a Lawsuit Loan? A lawsuit loan is a type of non-recourse loan. With a non-recourse loan, instead of using the entirety of your personal value as collateral, you use your future lawsuit settlement as collateral. In doing so, you get a truck accident cash advance and can pay your bills as your case proceeds through the legal process. How Much Do Lawsuit Loans Cost? At Ally Lawsuit Loans, we don’t have a set rate. Instead, the rate can vary based on each individual’s needs. However, with a truck accident loan from Ally Lawsuit Loans, you get our lowest rate in the industry guarantee. If someone else offers you a better rate, let us know and we will rectify the situation. How Much Can I Borrow with my Lawsuit Loan? The minimum amount you can borrow from us is $500, and the maximum is $750,000. Not everyone qualifies for the maximum amount. The maximum amount you can borrow will depend on the size of your claim. Can Anyone Get a Lawsuit Loan? Lawsuit loans are typically open to anyone who is pursuing a legal claim with the help of an attorney. All you have to do to apply is give us your information and your attorney’s information. We check in with your attorney, verify the details of your case, and approve your application. In most cases, you get your loan within 24 hours! Can I Take Out a Second Lawsuit Loan? If you already have a lawsuit loan but need more financial assistance, we can often help. As long as you haven’t taken out the maximum loan available in your case, we can always offer you a second lawsuit loan for your truck accident claim. Speak with the Industry Leaders at Ally Lawsuit Loans At Ally Lawsuit Loans we always strive to improve as an industry-leading lawsuit loan company. Between our lowest rate in the industry guarantee, our easy application process, and our friendly customer service representatives, our goal is to give you the best experience possible. While your lawsuit proceeds, life does not wait. Bill collectors don’t wait for your lawsuit to finish, and truck accident loans may save you from immediate financial distress. You may feel alone in this process, but know that you have an ally in Ally Lawsuit Loans. Apply today for your truck accident lawsuit loan!
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 violations,Harassment,Police misconduct,Immigration violations,Hate crimes, andEqual 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 cause, 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, contact Ally Lawsuit Loans or call (213) 607-3399. 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!
Pre-settlement lawsuit funding exists to help injured victims pay their bills and support themselves while they are waiting for their settlement check. Unfortunately, in many cases, it can take months or even years for plaintiffs to get a full and fair settlement from defendants or insurance companies. Of course, your bills are not going to wait that long for the claims process. At Ally Lawsuit Loans, we offer the lowest rate of pre-settlement funding for lawsuits. If you already received a pre-settlement loan, you may still be eligible to obtain a second loan or even a third loan. Apply today and we’ll determine if you qualify within 24 hours. We frequently work with clients who have already received a lawsuit loan from another company. Your eligibility for an additional loan will depend entirely on the estimated value of your settlement and the total amount of your initial loan. We will not deny you simply because you have already received a pre-settlement loan. Your application will be reviewed on its merits. Here, we explain the most important things that you need to know about applying for additional pre-settlement funding. PRE-SETTLEMENT FUNDING STEPS: You Can Always Apply for an Additional Pre-Settlement Loan There is no set limit to the number of lawsuit loans you can take out. In fact, plaintiffs frequently take out a second or third loan on their case. This is normal and understandable: it is very difficult to predict exactly how much pre-settlement funding you and your family will need. In some cases, personal injury claims take far longer to settle than was initially anticipated. In other cases, a person’s day-to-day expenses may turn out to be higher than was expected. It could be because their medical bills are higher, because they were forced to miss more time at work than they initially thought, or simply because they ran into some unexpected bills. Regardless, if you took out less than the maximum available loan the first time, you will likely be qualified to obtain additional pre-settlement funding. PRE-SETTLEMENT FUNDING STEPS: We Will Determine Your Current Loan Eligibility As a starting point, our pre-settlement funding specialists will calculate your maximum loan eligibility. Of course, you do not have to take the maximum loan. Indeed, we recommend that our clients only take what they need. You can always come back from another loan. At the same time, we also want our clients to know what options they have available. If you have already taken out a previous lawsuit loan, you may still be eligible to obtain additional funding — especially if you took out less than you were offered as a ‘maximum’ loan the first time. We know the lawsuit funding process can be complicated, particularly if you have taken out a previous pre-settlement loan. If you have any questions about the lawsuit lending process or your eligibility, we have put together a guide to pre-settlement funding that addresses many of the most common issues. For specific questions, please contact our customer service team right away. PRE-SETTLEMENT FUNDING STEPS: Why You Should Work With Ally Lawsuit Loans If you are considering applying for a second pre-settlement loan, it is essential that you work with the very best lawsuit financing company. At Ally Lawsuit Loans, we are committed to providing the best services in the industry. Sadly, some unscrupulous companies take advantage of plaintiffs — charging hidden fees or disguising terms. You need a company that you can trust. We offer: The lowest rate pre-settlement funding — guaranteed;A clear, fair, understandable application process; Your loan in as little as 24 hours; andThe best customer support services. Applying for pre-settlement lawsuit funding can be a complicated and stressful process — especially if you have already taken out a previous lawsuit loan on the same settlement. No matter the specific nature of your situation, our expert customer support team will walk you through the application process and help you find the best available solution. Learn About Other Lawsuit Funding Companies Apply for a Settlement Loan Today At Ally Lawsuit Loans, we are committed to helping plaintiffs get access to the funds that they need to support themselves and their family throughout the personal injury claims process. Our pre-settlement loan specialists are here to answer all of your most pressing questions. To apply for a pre-settlement lawsuit loan, please do not hesitate to contact us today at (800) 760-0704.
Understanding structured settlements can be confusing at times. A structured settlement pays you money through a series of payments (known as an annuity) or a lump-sum form of payment. Structured settlements occur when a claimant agrees to resolve a personal injury claim and receives all or portions of a settlement through multiple payments. 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. Below, the team at Ally Lawsuit Loans goes over structured settlements in detail. If you have questions or want to speak with an experienced lawsuit loan specialist, contact us today. What is a Structured Settlement? Structured settlements produce some distinct advantages, but they’re not ideal for every situation. For instance, should you accept a lump-sum payment or agree to a regularly disbursed structured settlement? If you’re considering a structured settlement, you can always sell it later (with court approval) for a lump sum. Types of Cases Covered Under Structured Settlement Loans 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 amounts, andChanging 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. Pros and Cons of Structured Settlement Loans 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. 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 an agreement for 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 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 the team at Ally Lawsuit Loans today. 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. Contact us at 844-771-2957 to apply for a structured settlement purchase or ask for more information about this option.
If you’re experiencing legal trouble, you may consider consulting with an attorney and filing a lawsuit. Lawsuits can bring about challenges, including financial hardship. Ally Lawsuit Loans is here to help. Apply today to see if you qualify for pre-settlement funding. Types of Cases We Handle Ally Lawsuit Loans handles a variety of lawsuits. These cases include: Personal injury;Car accidents;Assault and battery;Hit and run;Medical malpractice;Products liability;Unpaid overtime;Wrongful termination; and Workers’ compensation. If you’re wondering whether we cover your kind of New Jersey lawsuit, contact us. We’ll help you get started on your application. Important New Jersey Legal Information When considering filing a lawsuit, it is important to consider the type of lawsuit you will be filing and the law that pertains to it. New Jersey Statutes of Limitations Every kind of lawsuit is dictated by a statute of limitations. A statute of limitations is a law that imposes a time limit on the amount of time you have to file your lawsuit. If you fail to file your lawsuit within this timeframe, you will be unable to recover compensation for your losses. For example, the statute of limitations for personal injury in New Jersey is two years, while the statute of limitations for damage to personal property is six years. This is the specified amount of time you will have to file your lawsuit. Consider the Source of Your Injuries For Your Claim Certain cases, like workplace accidents, are governed by workers’ compensation. Workers’ compensation is a kind of insurance provided to employees, protecting them should they experience a workplace accident. Legal aid may be sought if your claim is denied or you are not receiving fair compensation. If your injuries are a result of a car accident, you should consider New Jersey’s liability insurance. New Jersey has minimum amounts of insurance coverage, including: $15,000 for bodily injury per person;$30,000 for bodily injury per accident; and$5,000 for property damage. You may need to file a lawsuit after your car accident if your claim is denied by the insurance company or you receive an unfair settlement offer. If you are concerned about the type of claim you may have, consult with a qualified attorney. Your attorney will assist you with all aspects of your case and fully understand the laws that pertain to it. And whatever your case may entail, Ally Lawsuit Loans can help. New Jersey Lawsuit Funding Requirements The legal funding process at Ally Lawsuit Loans is simple. The required steps for funding include: Your application. Contact us by phone or through email. We will ask questions about yourself and your lawsuit.Contacting your attorney. We will contact your attorney to get further information regarding your lawsuit.Approval. If approved, you can expect to receive funding 24 hours after approval. Why Choose Ally Lawsuit Funding? If you are in the process of choosing a lawsuit funding company, consider Ally Lawsuit Funding. We pride ourselves in offering the best customer service and lowest rates in the industry. We understand lawsuits are complicated as it is, which is why we’ve made our application process quick and easy. Our New Jersey lawsuit loans are also 100% risk-free. If you happen to lose your case, you owe us nothing. Contact us today or call (213) 607-3399 for a case evaluation.
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. Apply today to see if you quality. 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 at (213) 607-3399. We have the answers.
No. What we offer is a non-recourse cash advance against your potential lawsuit settlement. Non-recourse means that if you “lose” your lawsuit, and you don’t get a settlement, you have no obligation to repay us. This is the key difference between what we offer and what is traditionally thought of as a loan. Because repayment is not required if you lose your case, a non-recourse cash advance is typically considered by our clients to be far more appealing than a loan. We use the language “lawsuit loan” – as do most all companies like ours – because a non-recourse cash advance is a relatively new type of financing that not many people are familiar with. We know from market research that when folks are looking for what we offer – a cash advance on a pending lawsuit settlement – they most often think of it as a loan, and so that’s what they search for. We want to make sure that these folks can find what they are looking for, which is why we often refer to what we provide as “lawsuit loans”. Have more questions about what we do? Don’t hesitate to reach out.
Litigation can last for months or years, so you probably felt excitement when you finally reached a settlement. However, your settlement award may be harder to access than you imagined. For instance, some lawyers hold your settlement check for months, delaying your access to the cash you need. The settlement check timeline is one more hurdle you must overcome in resolving your claim. So, how long can a lawyer hold money in escrow? The team at Ally Lawsuit Loans gives you an overview of the settlement check process below. If you have questions or wish to schedule a free consultation, contact us today. Four Steps to Getting a Settlement Check To get your settlement check, you must resolve these four matters. Signed Release Forms When you reach your settlement, you must sign a release form. This form is a legal document that states you will not pursue further legal action on the same claim. Expect to sign a release form for each defendant in your claim. Your lawyer will carefully review the terms of the release form before you sign, and you can request modifications if necessary. Delayed Payment State law should give the defendant a timeline for paying the settlement. Some defendants wait until the last moment allowed by state law to pay your settlement, causing delays in receiving the money you’re owed. Check Clearance When the defendant pays your settlement, the money goes to your lawyer, who holds it in an escrow account. The check may take up to a week to clear, and then the funds are available to pay debts. Once the check clears, your lawyer takes their fee from the funds and next pay other liens and lawsuit-related bills. Settlement Lien Payment During your lawsuit, parties may have placed liens on your settlement. A lien gives someone else the right to your property to pay a debt. For example, if you have unpaid medical bills, the hospital or doctor may place a lien on your settlement. Your lawyer will also use your settlement funds to pay expenses related to litigating your case, including: Expert witness fees,Private investigator fees, andMedical examinations. Your lawyer can quickly pay most liens on your account once settlement funds are available. However, government liens, such as those from Medicaid, can take longer to resolve. After your money moves through these four steps in the settlement check process, your lawyer sends the remaining balance to you. Unfortunately, delays at each step can cause you to wait weeks or even months for access to your settlement funds. Access Settlement Funds Faster with Ally Lawsuit Loans If you need access to your settlement check sooner, Ally Lawsuit Loans can help. Ally Lawsuit Loans offers cash advances on your lawsuit settlement. You pay back the cash advance when you receive your settlement. Here are some things you should know about Ally Lawsuit Loans: We offer the lowest rate guarantee in the industry; You pay nothing back if you lose your case; and You can qualify for a lawsuit loan within 24 hours. To find out more about getting a lawsuit loan or to start your application, contact Ally Lawsuit Loans. You shouldn’t have to stress while you wait for the slow settlement check process, so we’re here to make the wait easier.