Ally Lawsuit Loans Blog

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.

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.

According to the National Safety Council, in 2018, there were an estimated 40,000 deaths due to car-related accidents.  With all the car accidents that occur around the nation, there is always a price.  Since 2003, the number of fatal car crashes around the nation has been steadily rising. Between 2013 – 2015, the Federal Highway Administration reported 21,360 fatal car accidents. Click Here For Full Size Infographic 5 Things You Can Buy For $230 Billion Dollars The Buckingham PalaceThe Miami Marlins Baseball OrganizationThe Hannah Montana FranchiseAsia’s Live Reef Fish for Food TradePrivate Island in the Bahama’s $230.6 Billion in the U.S. per Year, that’s $820 per Person in the U.S. How Can We Prevent These Accidents? Consider the following to stay safe on the road: Encourage safer modes of travel when on the road. Such as taking public transportationReduce the number of distractions when you are on the road; in 2017, there were 2,567 drivers and occupants killed because they were distractedTake more safety precautions when it comes to driving, always remember that everyone in the vehicle is wearing a seatbelt Infographic Source: https://www.asirt.org/safe-travel/road-safety-facts/

Life is full of challenges, and at one point or another we have all leaned on friends, family, mentors, and even strangers to help us pull through. At Ally Lawsuit Loans our mission is to help people when they need it most by providing financial support to cover expenses for injury victims and their families. For the inaugural year of the You Deserve an Ally Scholarship Contest we want to hear from students about a time in their lives when someone lent a helping hand which helped them through a challenging period. Contest Overview We want you to describe a time in your life where you had an Ally to help you through a tough situation. Explain in 500 words why this moment in your life was so significant and important and what you were able to learn from it. We are looking for the most compelling and best-written essay. The winner will be awarded $750 to put towards their college expenses. To Qualify: Send us the following information:Your name and emailYour resumeYour transcript OR proof of enrollmentTell us in 500+ words: Where you had an Ally in your life through a tough or difficult situation. Eligibility requirements: Applicants must be EITHER out-going high school seniors (graduating summer 2020) OR students currently enrolled in a college, trade school, or university as of the start of the fall 2020 semester.Must submit an essay by December 31, 2020 Apply Now Scholarship Contest FAQ How Much Will Be the Award Amount? We will award a $750 to the winner, which is to be used for tuition, books, room and board, or any other expenses associated with a higher education. When is the Deadline? The deadline for applications is December 31, 2020. When Will I Find Out if I Won? We will select one winner by January 15, 2021. Good luck to everyone!

There are few things more stressful than being denied for financing. It can be even more frustrating if you do not understand why the company denied your application. There are a number of different reasons why you may be denied for a lawsuit loan. Though, lawsuit funding is not like other types of consumer financial products and consumer lending. A poor credit score, lack of employment verification, and lack of income should not prevented you from obtaining pre-settlement funding. However, there are other reasons you may be turned down. At Ally Lawsuit Loans, we offer lawsuit funding at the lowest rate in the entire industry — guaranteed. In addition, our team is committed to providing the best customer support services. We want to make sure you have all of the information you need to best protect your financial interests. Here, we highlight some of the most common reasons why plaintiffs are denied for lawsuit loans. Top Three Reasons You Were Denied a Lawsuit Loan Pre-Settlement Funding is Restricted in Your State: In the majority of U.S. states, plaintiffs can apply for a lawsuit loan. However, there are certain state-by-state restrictions that could result in your application being denied. As a starting point, most lawsuit lending companies cannot offer loans to plaintiffs who are located in Colorado, Maryland, or Tennessee. In addition, if you are seeking workers’ compensation settlement funding, those types of loans are only available in about 20 states. You Do Not Have an Attorney: In order to apply for a lawsuit loan, you typically must hire an attorney. Unfortunately, if you do not have professional legal representation, our legal funding specialists may not be able to approve you for a pre-settlement cash advance. To get your application approved, your attorney generally needs to provide some important background information about your case and some key documents. Without an attorney, your application for a lawsuit loan will almost certainly be denied. We strongly recommend that you consult with your lawyer before seeking lawsuit funding. You Already Have the Maximum Funding: If you have already applied for and received a lawsuit loan, you may have gotten the maximum available funding. To be clear, you can always apply for more than one lawsuit loan. Indeed, it is common for our clients to seek additional funding. That being said, if you have already received the maximum possible funding for your case, your application may be denied on those grounds. We Will Not Deny You for Bad Credit or Lack of Income You may be worried that your application for a personal injury lawsuit loan will be denied because of your credit history, employment history, or lack of income. With Ally Lawsuit Loans, this will not happen. We do not run credit checks, we do not verify employment records, and we do not care about your financial status. If you suffered a serious injury and you are waiting on a future settlement, we have options available to get you a cash advance today. Why Choose Ally Lawsuit Loans If you were denied a lawsuit loan, you may still have other funding options available. At Ally Lawsuit Loans, we are prepared to work with you and your attorney to help you explore every potential avenue for pre-settlement funding. We are committed to providing our clients with the best services in the industry. Among other things, our team offers: Access to the lowest rate lawsuit loans — guaranteed;An understandable and fair application process; Your funds in as little as a single day; andThe best customer support services in the entire industry. Applying for a personal injury lawsuit loan is confusing. It is possible that your application was denied in error, because of a misunderstanding, or because of unreasonable standards of another company. We welcome you to apply with our team. If you have any questions or concerns, please reach out to our pre-settlement financing experts. We will help you get answers. Apply for a Lawsuit Loan Today At Ally Lawsuit Loans, we offer the best rate lawsuit loans. If you or your loved one is currently waiting for a settlement check, our team is here for you. Even if you were denied by another company, our specialists will review your application. To apply for a lawsuit loan now, please do not hesitate to contact our structured settlement professionals.

In the simplest terms, a structured settlement is a series of periodic payments paid out by the defendant or its insurance company in order to resolve a legal claim. In some circumstances, a plaintiff may prefer a structured settlement over a lump sum settlement. However, for a number of different reasons, a structured settlement may prove to be inadequate to cover a person’s current expenses — you may need cash now. Fortunately, if you have a structured settlement, there are affordable options available to get a cash advance. You can sell a portion of your future payments to get money right now. This is often referred to as a structured settlement loan. At Ally Lawsuit Loans, we offer the lowest rate structured settlement loans for plaintiffs in the entire industry. If you need a cash advance on your structured settlement, our funding specialists are standing by, ready to help.  What You Need to Know About Structured Settlement Loans You should know that the term structured settlement loan is a bit of a misnomer. In reality, this type of financial arrangement is not a ‘loan’ at all. Instead, it refers to an agreement whereby you sell a portion (or all) of your future payments in exchange for an immediate cash advance. For example, imagine that you have a structured settlement that pays $10,000 once per year, for the next ten years. Should you need an immediate cash advance, you would have the option to sell some of those future payments in exchange for cash today. Depending on the circumstances, there are a number of different benefits to obtaining a structured settlement loan. With a structured settlement loan, you can pay off medical bills, take care of your rent or mortgage obligations, or handle other day-to-day expenses. The bottom line: If you are in a tight financial position or if you have debt that you want to pay off, loans for structured settlements are a sensible and affordable option. Of course, you need to be sure that you are working with a reputable company. It is crucial that you get the lowest rate and that you avoid any hidden terms or undisclosed fees. Unfortunately, there are some unscrupulous companies in the industry. You deserve better. Whether you a seeking a structured settlement loan, a car accident lawsuit loan, or any other type of pre-settlement funding or post settlement funding, look for a trustworthy provider. Structured Settlement Loans are Flexible You may be wondering what type of structured settlement loan is available. At Ally Lawsuit Loans, we recommended that our clients take only what they need to pay their bills and live comfortably. This is why we are committed to offering flexible financing options. Whether you want a cash advance on the full amount of your structured settlement or you want to get a minor advance on a relatively small portion of your settlement to cover some bills, our team has financing options.  Why Choose Ally Lawsuit Loans Are you ready to apply for a structured settlement loan? If so, our funding specialists are here for you. At Ally Lawsuit Loans, we make qualifying for structured settlement funding easier than it has ever been before. Among other things, our company is committed to providing our clients: The lowest rate lawsuit loan funding — guaranteed;A fair, transparent, and understandable application process;Quick access to your cash advance; andRound-the-clock customer support services. Applying for a lawsuit loan can be confusing, even stressful. Our structured settlement funding professionals are here to answer your questions and help you find the best available solution. With Ally Lawsuit Loans, getting an affordable cash advance on your structured settlement has never been more simple. Apply for a Structured Settlement Loan Today At Ally Lawsuit Loans, we offer the lowest rate structured settlement loans. Our lawsuit funding specialists have made it easier than ever to apply for a structured settlement loan. If you or your loved one is waiting on a lawsuit settlement, our team is here to guide you through the process. To find out more about what we can do for you, please contact us today or apply now.

Following a major accident, injured victims deserve full and fair financial compensation. You need to be able to pay your medical bills, cover your day-to-day living expenses, and provide economic support to your family. Unfortunately, even if you have a winning legal case, the personal injury claims process can be frustratingly slow. Your attorney needs time to build a strong case, but your bills are likely already piling up right now. The good news is that with a lawsuit loan, you can get access to a portion of the funds from their settlement today. If you are considering applying, you should know that, with very few exceptions, you cannot obtain a lawsuit loan without an attorney. Further, you also cannot get a lawsuit loan directly through your lawyer. You need a lawyer who can handle your case and a reliable lawsuit lending company that can provide you access to affordable funding. At Ally Lawsuit Loans, our pre-settlement funding specialists will work directly with your lawyer to help you get access to immediate funding at the lowest rate in the industry. You Must Have an Attorney to Get a Lawsuit Loan In order to obtain a pre-settlement personal injury loan, you must be represented by an attorney. Not only is legal representation typically required by lawsuit funding companies, but your attorney will actually be involved in your application to receive legal funding. As a general matter, your attorney must submit some important information about your case to our company for processing. In addition, your attorney will usually need to sign a few documents to get your loan approved. It is worth mentioning that the term ‘lawsuit loan’ is a bit of a misnomer. At Ally Lawsuit Loans, we are not truly lending our clients any money at all. Instead, we give them money today in exchange for a small percentage of their settlement in the future. We do this at no risk to you. In other words, if you lose your case, you do not have to pay us back. Our rates only apply if you actually obtain a settlement. This is why we need to work with your attorney to discuss some of the specific details regarding your case. How to Qualify for a Lawsuit Loan As was mentioned, you will need to start by hiring an attorney. We typically can only offer you a lawsuit loan if you have professional legal representation. From there, your eligibility for pre-settlement funding will depend entirely on the strength and value of your legal case. The stronger your claim, the more likely you are to qualify for a lawsuit loan. Beyond that, the higher the expected value of your case, the more cash we will be able to offer you upfront. To be clear, this means that we do not factor in your credit score, your employment history, or your current financial status. At Ally Lawsuit Loans, we will never charge upfront, out-of-pocket fees. In addition, we do not even need to run a credit check at all. Instead, we will work with your personal injury attorney to assess your case and help you find the best available option to get an immediate cash advance on your future settlement offer. Our team will work with you to find the best solution. Why You Should Choose Ally Lawsuit Loans Pre-settlement funding is available to help you when your attorney cannot. Under rules promulgated by the American Bar Association (ABA), personal injury lawyers are not in a position to offer lawsuit loans to their clients. Indeed, they are generally barred from giving their clients money to handle their bills. This is where our company can help. At Ally Lawsuit Loans, we will work directly with your legal representative to ensure that you get access to the money that you need while your case makes its way through the system. We are committed to offering clients: The lowest rate lawsuit loans — guaranteed;An easy, efficient application process; Access to your funds in as little as one day; andFriendly, helpful, 24/7 customer support services. Preparing an application for a lawsuit loan can be confusing, stressful, and even overwhelming. Our team is here to remove the burden and stress. Regardless of the specific nature of your case, we will work with you to find the best available lawsuit loan funding solution. If you need money now, let us help. Apply for a Lawsuit Loan Today At Ally Lawsuit Loans, we understand that the personal injury claims process is often slow and frustrating. Our lawsuit loan specialists are here to help relieve the financial burden on your family. We will get you the lowest rate structured settlement — guaranteed. To apply for a lawsuit loan now, please contact our team right away.

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 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. 

At Ally Lawsuit Loans, we are committed to offering plaintiffs better, faster, and more affordable pre-settlement funding. If you are waiting for your personal injury settlement, your workers’ compensation payments, or the resolution of any other lawsuit, we have immediate pre-settlement lawsuit funding options available. Here, our lawsuit funding specialists answer some of the frequently asked questions we receive about pre-settlement lawsuit financing.   PRE-SETTLEMENT FUNDING FAQ Will I Be Able to Qualify for Lawsuit Funding? Your eligibility for a pre-settlement lawsuit loan will depend on a number of different factors; most notably, the value of your legal case and the likelihood that liability will be established. The more likely you are to win your case, the more likely your lawsuit loan application will be approved. To be clear, your credit score and your personal financial situation do not matter. They will not be considered. Further, our company will not deny settlement funding because of debts that are unrelated to your case or other adverse financial information in your past. Every application for lawsuit funding will be reviewed and assessed on a case-by-case basis. If you were injured in an accident and you are bringing a claim against another party, there is a good chance that you will qualify for some level of pre-settlement funding. Return to top ↑ How Long Does it Take to Get Funding? Our team is committed to helping clients get lawsuit loans as fast as possible. When approved, you will receive your lawsuit funds in as little as 24 hours. PRE-SETTLEMENT FUNDING FAQ How long will it actually take to get approval? The length of time will vary based on several different factors. In general, the most important variable is how long it takes us to get all of the relevant documents and records from your personal injury attorney. The faster your attorney can supply our company with the information that we need, the sooner you will get your pre-settlement lawsuit loan. This means that you can expedite the process by working with your lawyer to get us the information more quickly. Return to top ↑ OUR LOWEST RATES: SETTLEMENT FUNDING Find Out Why Ally Lawsuit Loans Offers the Best Rates in the Industry How much will the interest rate be? It depends on the specific nature of your case. It is important to remember that we offer no-risk lawsuit funding. Click here to read about Ally Lawsuits rates Will My Personal Injury Attorney Be Involved? Yes. Your personal injury lawyer will be directly involved in obtaining this loan. Not only will your lawyer need to submit some key information to our company, but your legal representative will also likely be required to sign a document called an ‘Acknowledgement by Counsel’ form that ensures that you fully understand the terms of the lawsuit funding agreement. We strongly recommend that you consult with your lawyer before signing any agreement with any lawsuit funding company. Return to top ↑ PRE-SETTLEMENT FUNDING FAQ How Much Funding Will I Receive? How much money you will be eligible to receive in pre-settlement funding depends entirely on the severity of your injuries and the strength of your legal case. As a broad rule, settlement funding companies will offer lawsuit funding that is worth somewhere between ten and twenty percent of the value of the underlying cause. That being said, regardless of how much you are qualified to receive, we strongly recommend that you only take what you actually need. Lawsuit funding is not free. While Ally Lawsuit Loans offers funding at the lowest interest rate — 100 percent guaranteed — we do not want you to pay any more than is necessary. We simply want you to get the funds that you need to pay your medical bills, cover your living expenses, and support your family while you await your settlement. Return to top ↑ PRE-SETTLEMENT FUNDING FAQ What are Your Pre-Settlement Loan Rates? Pre-settlement lawsuit funding can be complicated. Unfortunately, there are some companies that offer this type of funding at high rates or with hidden fees. We are committed to providing plaintiffs with pre-settlement lawsuit funding at the lowest interest rate. The specific rate will always vary depending on the nature of your case. The stronger the underlying cause, the lower the financial risk for our company. We pass those savings on to our clients. That is what separates us from other companies. If you were seriously injured and you have a very strong personal injury case, we can offer you a lower interest rate. Remember, interest rate matters. As noted by the National Endowment for Financial Education (NEFE), compound interest can add up quickly. Return to top ↑ What Happens If I Lose My Case? Unless your case has already been settled and you are simply waiting for the insurance company to process the check — meaning you might need post-settlement funding — there is some level of risk involved with bringing a legal claim. If you are considering applying for lawsuit funding, you may be concerned that you will get stuck with the bill if you do not win your case. Do not worry. At Ally Lawsuit Loans, we offer clients risk-free funding. A lawsuit settlement loan is what is known as a non-recourse loan. As explained by the Internal Revenue Service (IRS), non-recourse debt is one that does not grant the lender the right “to pursue anything other than the collateral.” In other words, when we offer to fund, we are purchasing a percentage of your future value in your case. If that case turns out not to be worth anything — because the case was lost — then you do not have to pay back anything. No strings attached. Return to top ↑ How Do I Choose a Lawsuit Funding Company? Picking the right legal financing company can be challenging. There is a seemingly never-ending list of options available. You need to find a reliable lawsuit funding company that will provide pre-settlement loans at the lowest […]

Accidents happen all the time and can happen anytime and result in a major injury. Slip and falls are no exception to this and can compile a heavy amount of medical bills. Therefore, as you go after a slip and fall lawsuit you will still need to pay the medical bills along the way. That’s why it’s important to go after a slip and fall lawsuit loan so you can be covered. In our latest article, we explain below how the process of getting qualified for a slip and fall lawsuit loan as you work towards the settlement. Slip and falls are among the most common types of accidents reported in the United States. In fact, 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.  How Much Can You Get for a Slip and Fall Settlement? In most slip and fall cases, you can seek 100% of your medical expenses. This includes: Doctor visits,Surgery,Nights in the hospital,Prescriptions,Emergency transportation,Rehabilitation, orEquipment for treatment/recovery. Since every slip and fall injury involves different types of injuries, the amount you get from a settlement depends on the severity of your injury. For example, traumatic brain injuries (TBIs) and spinal injuries often result in a higher settlement than sprained ankles. In addition, plaintiffs who have injuries that require lifelong medical care may receive even more compensation for future medical costs. A slip and fall attorney can help you estimate future medical treatment costs for your injuries. Make sure you hold on to medical bills and receipts to show as evidence of your medical expenses. If you encounter financial trouble due to your medical costs while filing a claim, consider applying for slip and fall lawsuit funding. In some cases, you might be able to recover additional damages for less tangible harm, including: Emotional distress,Disfigurement,Reduced quality of life, orPain and suffering. Since it’s harder to put a price tag on these damages, we suggest that you consult an experienced slip and fall lawyer. Generally, the more severe your injury is, the more you could receive in non-economic damages. For example, if your injury causes any permanent damage like paralyzation, your damages could be several times larger than your medical bills. How Do You Win a Slip and Fall Settlement? To win a slip and fall case, you must prove the following: The owner, occupier, or another party in charge of the premises had a duty to ensure your safety;The person or entity breached this duty;The breach of duty directly caused your accident and injuries; andYou suffered losses due to your injuries on the premises. To prove the other party’s liability in a slip and fall case, we strongly recommend you hire an attorney who works on a contingency fee basis. Without an attorney, your chances of receiving a good settlement go down. Having an attorney also qualifies you for slip and fall lawsuit loans, which help pay for bills, groceries, and other expenses while you wait for your settlement.  When you slip and fall on private business property or residential space, the owner usually attempts to place fault on the plaintiff. This defensive strategy causes litigation to last for months or even years. Sometimes, they might offer a smaller settlement hoping that a financially desperate plaintiff takes the bait. With slip and fall lawsuit funding, you can pay for living expenses, medical bills, legal fees, and more, giving your lawyer extra time to fight for a higher settlement. 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 […]