Searching for the best lawsuit loan company? The truth is that there are plenty of good pre-settlement funding providers. But, there are also fly-by-night companies that you’d be wise to avoid. Here, we’ll look at 10 of the the most reputable settlement loan companies, and examine the most important questions for you to ask before making your decision. If you need immediate cash while waiting to settle your lawsuit, you’re probably aware that there are several pre-settlement loan companies who want a portion of your future settlement in exchange for a cash advance today. It is essential that you know how to separate the best pre-settlement loan companies from the less reputable ones. The lawsuit loan company you choose has an impact on the amount of money you receive from your settlement, so it’s very important to do research into potential lenders to make sure the company you choose is a good fit. Here’s how to find the best lawsuit loan companies for your case. 10 of the Best Lawsuit Loan Companies Below is a list of the top 10 settlement loan companies to compare when shopping around for lawsuit funding. Click on each lawsuit loan company to read about reviews around the web. Make sure to consider all of your options. Ally Lawsuit Loans (what can we say, we’re biased 😊)Peachtree Financial SolutionsOasis Legal FinanceThe Legal Funding GroupBuckeye Legal FundingPrime Case FundingMomentum FundingFair Rate FundingCase CashCherokee Funding Top 5 Questions to Ask Before Choosing the Best Lawsuit Funding Company for You While looking for the best lawsuit funding companies, it is important to ask each lender questions that help you gauge the potential cost of the loan. Asking these questions will help you choose the best lawsuit pre-settlement loan company. 📊 #1: How Do You Set Interest Rates on Pre-Settlement Loans? The best lawsuit loan companies determine interest rates on a case-by-case basis based on the strength of each case. Interest rates largely depend on the likelihood of your case resulting in a good settlement or verdict. Do not work with a pre-settlement funding company that charges the same interest rate for every customer. 📈 #2: What is the Interest Rate for My Pre-Settlement Cash Advance? When you get an offer for pre-settlement funding, a lender should tell you upfront what your interest rate is before you sign paperwork. The best lawsuit funding companies will usually give you an interest rate between 1-3% monthly. If a lender gives you a rate higher than 3%, consider looking for another offer. 📄 #3: What Are the Terms and Conditions of the Loan? Since filing for a lawsuit is very overwhelming, the terms and conditions of pre-settlement funding should be simple. The best settlement loan companies offer clear, concise terms and conditions for their loans. Never work with a lender that refuses to answer questions about the terms of your loan. 💬 #4: Will You Discuss My Funding Application With My Lawyer? Before you get a pre-settlement loan, you need to be represented by a lawyer and have a lawsuit filed on your behalf. The best lawsuit loan companies will always ask to speak to your lawyer about your case when you apply for funding. Your lawyer gives the lender information about your case to assist in case evaluation and underwriting. ⏱ #5: How Quickly Will I Get My Pre-Settlement Cash Advance? Since reputable settlement loan companies don’t require a credit or background check, most lenders transfer money to you within 24 hours of approval. Why You Should Choose Ally Lawsuit Loans If you are trying to find the best lawsuit loan companies, consider funding from Ally Lawsuit Loans. At Ally Lawsuit Loans, we understand how difficult it is to maintain financial stability during a lawsuit. We provide legal funding for those waiting on their settlement for cases ranging from personal injury to workers’ compensation. Lowest Rates Guaranteed No matter what type of case you have, we guarantee the lowest rate in the industry. If you find a low-interest rate while searching for the best pre-settlement loan companies, we will beat it. Risk-Free Settlement Advances Our loans are 100% risk-free. That means if you don’t win your case or get a settlement, you pay us nothing. Quick and Easy Application Assuming your case is a good fit, we send you a cash advance within 24 hours of application approval. Apply for a Settlement Advance with Ally Lawsuit Loans Today If you need a risk-free, low-interest rate loan to keep your head above water while waiting for a settlement, give Ally Lawsuit Loans a call today at 844-545-6246 or apply now. We offer the lowest interest rates in the industry and provide cash advances within 24 hours of approval.
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If you receive a settlement from a personal injury case involving a car accident, you might be wondering if you owe any taxes on your settlement earnings. According to the IRS, if you receive a settlement due to physical injuries or sickness, and don’t take an itemized deduction for medical expenses due to the injury, your settlement isn’t taxable. So, are car accident settlements taxable? However, there are some exceptions to this rule depending on the details of your personal injury case. In this article, we will explore the different factors in your case that affect the taxability of your settlement earnings. What Portion of My Car Accident Settlement is Taxable? Your car accident settlement may be taxable in certain instances. The type of compensation the IRS finds taxable in personal injury cases includes: Lost wages;Damages due to emotional distress;Punitive damages; andInterest earned on a settlement. Since lost wages replace what you would have earned working, the IRS considers this type of compensation as regular wages. In fact, the IRS taxes compensation for lost wages similarly to regular wages. However, if you receive multiple years of lost wages in your settlement, you might be taxed as part of a different tax bracket. For example, if you usually earn $30,000 per year and you receive $90,000 of lost wages in your settlement, your federal tax bracket changes from a 12% income tax rate to 24%. What Parts of My Car Accident Settlement are Tax-Exempt? Usually, compensation for physical injury isn’t taxable in a car accident settlement. Whether you settle your case before or after filing a lawsuit, you don’t have to pay taxes on your settlement earnings. Generally, any damages you recover as a result of an injury or illness aren’t taxable at the state or federal level. This includes pain and suffering in many cases. How to Reduce Your Car Accident Settlement Tax Obligation If you work with an attorney, you might be able to reduce or even eliminate your tax obligation. To reduce the number of taxable earnings in your settlement, ensure that you classify your damages carefully. You might also consider exploring structured settlements instead of a lump sum settlement. Since structured settlements split your compensation into multiple installments, you may be able to exclude some of your auto accident settlement earnings from your current tax year. Need Help Paying Bills While Waiting for a Settlement? Apply for Funding Through Ally Lawsuit Loans Today If you sustain injuries in a car accident, you might not know how to keep financially afloat while you recover. While waiting for your personal injury settlement, expenses like medical bills, attorneys fees, rent, and more might pile up, especially if you’re unable to work. If you ever find yourself in this position, consider pre-settlement legal funding from Ally Lawsuit Loans. Our loans give plaintiffs peace of mind while they wait for their lawsuit to settle. Not only do we guarantee the lowest rates in the industry, but we also offer risk-free funding for a variety of legal claims. If you don’t win your case, you don’t have to pay us back. If you would like to apply for a lawsuit loan or want to know if your potential car accident settlement is taxable, give us a call at 844-545-6246. We deliver cash to applicants within 24 hours of approval.
Like any accident, hit-and-runs leave a devastating impact on your physical and financial well-being. If you sustain injuries from a hit-and-run accident, you might need help paying for medical treatment or other living expenses while you recover. Thankfully, pre-settlement funding can help you keep you financially afloat while you wait for your hit-and-run lawsuit to settle. Here’s what you need to know about lawsuit claims for a hit and run and how a lawsuit loan may help. What to Do If You Are a Victim of a Hit-and-Run If you ever get hit by a driver and they flee the scene, immediately contact the police. When the police find the suspect, you may file a claim against their insurance company. However, if the police cannot find the driver, you must file a claim with your auto insurer. In the event of a hit-and-run accident, you should follow these steps to ensure your safety and build your case: Call 911 and request an ambulance if you are injured;Try to write down as much information as you can about the suspect’s vehicle including the model, year, color, and license plate number;Get checked out by a doctor even if you don’t have serious injuries to make sure you don’t have any internal injuries;Take photos of the scene, including your injuries and damage to your vehicle;Record statements from potential witnesses who saw the accident; andContact a hit-and-run accident lawyer before speaking with the insurance company. If you end up filing a hit-and-run lawsuit, this information may help strengthen your claim. Do not take any blame for the accident or allow the insurance company to take a recorded statement. They might use this information to lower or completely deny your claim. Check Your Insurance Policy for Uninsured Motorist Coverage Make sure you check your auto policy to see if you have uninsured motorist coverage (UIM). This type of coverage typically covers damage you or your car sustains in a hit-and-run accident, especially if police cannot catch the suspect. This portion of your policy also covers medical treatment costs, lost wages, and other damages if you have injuries. Apply for Legal Funding Through Ally Lawsuit Loans Today We understand how difficult it is to recover after suffering injuries in a hit-and-run crash. Often, these injuries put you out of work, causing bills to pile up as you receive treatment. At Ally Lawsuit Loans, we provide pre-settlement funding to plaintiffs who cannot wait for their hit-and-run lawsuit to settle. Our risk-free loans provide cash to you for a variety of expenses while you recover, including rent, groceries, medical bills, legal fees, and more. Most importantly, you don’t have to pay back the loan unless you win your case. If you have any questions about our hit-and-run lawsuit loans or would like to apply, give us a call at 844-771-2957. We guarantee the lowest interest rates in the industry and provide cash to approved applicants within 24 hours.
While traditional lawsuit loans help in certain situations while waiting for your settlement, medical emergencies may leave you struggling financially regardless. Even when you have health insurance, certain types of treatment might exceed your coverage or not be covered at all. If you cannot pay for your treatment after receiving it, a medical lien might be taken out by the hospital or healthcare provider on your personal injury lawsuit. A medical lien, much like other liens, entitles the hospital to a portion of your settlement to pay for your treatment. However, once the provider places a medical lien on your personal injury lawsuit settlement, they might refuse to give you further treatment until you pay to remove the lien. If you ever find yourself in this situation, medical lien funding may help you continue to get the care you need. How Does Medical Lien Funding Differ from Other Pre-Settlement Lawsuit Loans? Medical lien funding, much like pre-settlement lawsuit loans, is a cash advance given to plaintiffs for a portion of their settlement. However, they differ slightly from traditional lawsuit loans. A company that provides medical lien funding usually purchases the lien from the hospital or healthcare provider who installed it on your lawsuit. The funder then pays the provider for your ongoing care, using a portion of your settlement as collateral. However, this type of personal injury lien funding shares some aspects with traditional lawsuit loans. Much like regular legal funding, medical lien funding must be paid back with interest using a portion of the settlement. In addition, if you do not win your lawsuit, you don’t have to pay the medical funding agency back. How Do I Qualify for Personal Injury Lien Funding? To be considered for medical lien funding, you must have an active lawsuit over an accident that’s not your fault. You must also have an attorney retained for your case. Need Help While Waiting for Your Settlement? Consider Legal Funding from Ally Lawsuit Loans When you suffer injuries in an accident, you might have trouble paying for things while you recover or receive treatment. If you need help staying financially afloat while you wait for your personal injury settlement, pre-settlement funding from Ally Lawsuit Loans can help. Our pre-settlement lawsuit loans help plaintiffs pay for many kinds of expenses while waiting for their case to settle, including medical bills, rent, groceries, or other living expenses. Most importantly, our loans are risk-free, meaning you don’t pay us back unless you win your case. If you would like to ask questions about personal injury lien funding or would like to apply for a pre-settlement lawsuit loan, give us a call today at 844-545-6246. We guarantee the lowest interest rates in the industry and send cash to approved applicants within 24 hours.
While conventional loans have been around for a long time, lawsuit loans are relatively new. For the most part, lawsuit lending is unregulated at the federal level. However, some states have strict laws in place for lawsuit lending companies to protect borrowers. Since lawsuit lenders remain mostly unregulated, you must take extra care when applying for a lawsuit loan. Here, we discuss how a lawsuit loan works and what regulations exist at both the state and federal level. What is a Pre-Settlement Lawsuit Loan? A lawsuit loan is a cash advance that lenders send to plaintiffs in exchange for part of their future settlement. Typically, lenders give these loans out to those who already have a lawyer retained and have an active lawsuit. If you get a lawsuit loan, the lender expects you to pay it back, with interest, once you receive your settlement or judgment. Plaintiffs often use a lawsuit loan to pay for expenses while they wait for their settlement, including legal fees, medical bills, rent, and more. Some people criticize the legal lending industry due to their high fees and lack of transparency. This often makes applying for lawsuit loans difficult since so many lenders aren’t honest about fees, interest rates, or terms. At Ally Lawsuit Loans, we provide our clients with this information upfront. State and Federal Lending Laws and Regulations Unlike other types of lending institutions, legal lending isn’t regulated by the federal government. However, a few states have consumer protections in place due to recent legislation. The lawsuit lending industry argues that it shouldn’t be regulated because lawsuit loans technically aren’t loans because they are non-recourse. Non-recourse means that if the plaintiff loses their case, they don’t need to repay the loan. Instead, the lenders consider the loan purchase of potential proceeds from a future settlement. In Many States, Lawsuit Lending is Unregulated The amount of regulation differs across the country, but most states don’t regulate lawsuit lending. For example, in Texas, legal lending isn’t regulated at all and it’s very easy to obtain a lawsuit loan in the state. This is due to the fact that Texas helped popularize contingency fees for legal representation in the US. California handles legal funding a little differently. While the state allows most forms of lawsuit loans, they restrict funding for workers’ compensation cases. They do this because in workers’ compensation cases the plaintiff and their attorney both receive checks for attorney’s fees and the plaintiff’s portion. This means that the lender cannot secure their lien against the trust account of the attorney. In contrast, Colorado heavily regulates the legal lending industry. In 2015, the Colorado Supreme Court ruled that lawsuit loans count as traditional lending. Thus, legal lenders must follow the same laws as traditional lenders in the state. Find Out if a Lawsuit Loan is Right For You At Ally Lawsuit Loans, we hold ourselves to the highest standards with transparent, risk-free lending. Like many other legal lenders, we offer non-recourse loans that you don’t have to pay back unless you win. However, we guarantee the lowest interest rates in the industry. If you have any questions about pre-settlement lawsuit loans or would like to apply for funding, give one of our lending specialists a call at 844-771-2957. Once approved, we send you cash within 24 hours.
If you’re considering getting a pending lawsuit loan, you’re not alone. Every day we provide cash advances on pending lawsuit settlements to plaintiffs across the county. As with any financial decision, it’s important that you get all the facts before making the decision to seek pre-settlement funding. Because civil lawsuits like personal injury or employment law claim lawsuits can take months or even years to resolve, plaintiffs often face financial hardships, especially if a claim-related injury prevents them from working. If you are in this situation, getting a cash advance against your pending lawsuit could help. Settlement loans help plaintiffs regain financial independence while they wait for a settlement. Pending lawsuit loans can even help you get a higher eventual settlement by taking the pressure off of your attorney to settle your case faster for a lower value. Any reputable lawsuit loan company ought to be fully transparent about the application process and the overall cost of a cash advance on a pending lawsuit. Here are 6 important facts about pending lawsuit loans that you ought to know before you apply. If you have questions or would like to speak with a member of the Ally Lawsuit Loans team, contact us today. Pending Lawsuit Loans Are 10-20% of Your Case Value Typically, most lenders disburse a cash advance on a pending lawsuit equal to 10-20% of the settlement value. They determine this amount based on the severity of your injuries, the length of your case, and your own estimate. To get the best estimate, discuss the value of your potential settlement with your attorney before applying for a pending lawsuit loan. Lenders Put High-Interest Rates on Pending Lawsuit Loans There are sharks in the lawsuit loan industry who charge upwards of 200% interest. Don’t select a lender that charges more than 1-3% monthly or 12-36% annually. Only take out a cash advance for a pending lawsuit that covers basic living expenses and necessities. Are you ready to apply?We offer 24-hour approval on structured settlement loan purchases. Then, we bring your structured settlement to the court for approval.Get Started Pending Lawsuit Loan Brokers Have Expensive Service Fees Always avoid working with brokers that deal with direct loan companies. These brokers usually add 15-20% to the cost of your pending lawsuit loan. They also send your case information to dozens of companies that may call your attorney without your consent. This unnecessarily diverts your attorney’s attention from your case. Lenders Cannot Disburse Pending Lawsuit Loans Until They Review Case Documents from Your Attorney Make sure you collect the following case documents from your attorney prior to applying for a pending lawsuit loan: Medical reports;Police reports;A copy of your complaint; andYour demand letter. Most lenders request this information from your attorney when reviewing your application. To save time waiting for your cash advance on a pending lawsuit, prepare these documents before you apply for a pending lawsuit loan. Your Attorney Will Respond to Lenders Faster If You Talk to Your Them Before Applying Always give your attorney a heads-up before applying for a pending lawsuit loan. This helps them prepare documents requested by the lender. Since lenders cannot disburse your cash advance until they review your case, you should keep your attorney and your lender in sync. Related: Lawsuit Loans Without an Attorney Getting a Cash Advance on Your Pending Lawsuit Could Buy Your Attorney Time to Reach a More Favorable Settlement Our clients frequently tell us that because they were able to get immediate cash against their lawsuit, their attorney actually was able to achieve a higher settlement than they would have in the absence of the lawsuit loan. In most civil claims, the defendant (normally an insurance company) wants the plaintiff to settle quickly. This is because a fast settlement typically means that they expend less resources, and get away with a lower settlement. If financial stress is causing your attorney to consider taking a lower settlement offer for your case, a pre-settlement cash advance may be the perfect solution to buy them time to keep applying pressure, and ultimately achieve a higher payout. Contact Ally Lawsuit Loans to Apply for a Pending Lawsuit Loan Today If you need a cash advance on a pending lawsuit to help with bills or living expenses, contact Ally Lawsuit Loans. We have the lowest interest rates in the industry and review applications within 24 hours. In addition, we work on a contingency fee basis, which means you repay nothing if you lose your case. To apply for a risk-free, low-interest rate pending lawsuit loan, call us today at 844-771-2957 or apply now.
If you need pre-settlement funding for your lawsuit, it is essential to shop around for the best lawsuit funding rates. Many legal funding companies offer pre or post-settlement loans and cash advances to plaintiffs in exchange for a portion of their settlement. In many cases, lawsuit loans help people avoid financial difficulties like foreclosure, eviction, utility shut off, bankruptcy, and debt collection. However, since pre-settlement loans often cost more than a personal loan from a bank, you should make sure to get the best pre-settlement funding interest rates. What Are Typical Lawsuit Funding Rates? Lawsuit funding rates depend on the value of your case and the amount of risk associated with it. Since lending money towards a legal settlement is very high, interest rates are usually higher than a personal loan. The return for lawsuit loan lenders is contingent on you winning your case, so there’s a chance that they lose their money. For example, if you pay back a $5,000 lawsuit loan with a monthly interest rate of 3% in six months, the lawsuit loan lender gets $5,900 from your settlement. However, they do not get a full $900 return. Most lenders have a loss of 8-10% in addition to the money they pay to borrow capital. In the case of the $5,000 loan above, the lender has $300 in costs and $472 in losses. This means that it costs the lender $5,772 to give you the loan. Once you pay back the loan with interest, they only make $128. For this reason, most pre-settlement funding interest rates are 1-5% monthly. How Much Will My Funding Cost? The cost of your funding depends on the value of your case and how much funding you need. These two factors help a lender determine their lawsuit funding rates. If your case carries high risk, you may have a higher interest rate. Are There Any Hidden Fees or Rates? At Ally Lawsuit Loans, there are no hidden fees or rates. However, other lawsuit loan lenders may charge additional processing fees for their cash advances. Make sure to ask about potential fees when shopping around for the lowest pre-settlement funding rates. How to Get the Best Lawsuit Loan Interest Rate If you want to get the best lawsuit funding rates, you should find a reputable lawsuit loan company that answers your questions upfront. Here are some ways you can ensure you get the best rate. Ask the Lender What Their Pre-Settlement Interest Rates Are It is important to ask every lender what their rates are over the phone or through email. Advertisements provide a range of rates because the rate often depends on the case. Get Lawsuit Funding Rates in Writing When a lender offers you a rate, always ask for the quoted rate in writing. This will help you shop around for the best interest rate and prevent deceitful lenders from making a false claim on their pre-settlement funding rates. Get Funding Through Ally Lawsuit Loans Today At Ally Lawsuit Loans, we make the lawsuit loan application process easy. Whether you suffer from a personal injury or are fighting for workers’ compensation, we are here to help you maintain financial stability. We offer the lowest pre-settlement funding interest rates in the industry guaranteed. Most importantly, our funding is risk-free. If you do not win your case, you do not need to pay us back. If you want the best lawsuit funding rates, apply now or give us a call at 844-545-6246 to get started. We approve applications for funding within 24 hours. Reviews of Lawsuit Funding Companies Find the best reviews from around the web of lawsuit loan companies and hear what others have to say about their experience with some lawsuit companies. We have taken an approach to gather some of the best reviews for some lawsuit companies out there.
Fair Rate Funding is a New Jersey based lawsuit loan company founded in 2007. They offer pre-settlement loans for people with pending lawsuits who need cash to meet their financial needs. They have their own underwriting process and provide clients with a wide range of cash advancement amounts, depending on the value of their case. Pre-settlement funding provides your money in exchange for part of your future settlement. If you settle your case, the company receives the portion of the settlement they purchased. However, if you lose your case, you don’t have to pay the company back. Fair Rate Funding offers low-interest rates for cases that are more likely to win, like rear-end auto accidents that cause an injury. In most situations, applicants receive approval and a cash advance within 48 hours. Fair Rate Funding also provides funding for almost every type of case, ranging from car accidents and medical malpractice to product liability and workers’ compensation. SourceYelpGoogleFacebookBBBConsumer Affairs Review Overview3 reviews → 3.5 out of 5 stars21 reviews → 4.6 out of 5 stars1 review → 5 out of 5 starsA+ rating, no reviewsNo reviews Some of the good things people are saying about Fair Rate Funding: They worked hard until I was able to get funded for the funds I needed. I researched all the major competitors. And, I would highly recommend this company over the other companies in the industry. EXCELLENT! Rebeca M. from California left a 5-star Yelp review in 2017 Awesome rates, good customer service and for being 6 hrs behind, Marjie and Paul were very helpful and straightforward. You guys helped me out tremendously and I really appreciate it. Evan T. left a 5-star Google review in July 2019. Some of the negative reviews about Fair Rate Funding: Funding was quick and fast. Fees were and are high including the sending fee which isn’t known until it’s deducted. Roscoe H. left a 3-star Google review in 2018. They are slow, annoyed by phone calls, and then use fraudulent info to deny just to get you an answer. Please use someone else. Tamara S. from Florida left a 1-star Yelp review in 2015. How Ally Lawsuit Loans and Fair Rate Funding Compare When searching for lawsuit funding, it is imperative to know all of your options. Here is how Ally Lawsuit Loans compares to Fair Rate Funding. Ally Lawsuit Loans Guarantees the Lowest Rate for Every Type of Case For many funders, the interest rate of a lawsuit loan depends on the nature of your case. In fact, Fair Rate Funding states that someone that sustains injuries in an auto accident will have a loan with a lower interest rate than someone who slips and falls. In contrast, Ally Lawsuit Loans guarantees the lowest interest rate in the industry for all case types. Both Funders Offer Risk-Free Lawsuit Loans Both funders offer risk-free loans regardless of the case. If you don’t win your lawsuit, then you do not have to pay the lender back for the loan. Both Funders Approve Loans Within the Same Timeframe Fair Rate Funding claims that it has a 24 to 48-hour approval process. Afterward, they wire funds to the client within 24 hours. Ally Lawsuit Loans approves and distributes most loans within 24 hours, with very few exceptions. Neither Funder Performs a Credit Check on Their Applicants Most lawsuit loan companies do not check your credit while reviewing your application for lawsuit funding. Both Ally Lawsuit Loans and Fair Rate Funding ignore credit during the application process. Fair Rate Funding Offers Advances with No Maximum Depending on the value of the case, Ally Lawsuit Loans offers cash advances ranging from $500 and $750,000. Fair Rate Funding has a minimum of $500 advance but does not have an absolute maximum amount. Get a Lawsuit Funding Quote Today Contact Ally Lawsuit Loans if you cannot wait for your settlement. Our application is quick and easy. We guarantee the lowest rate for your case and approve most applications within 24 hours. Our loans are also risk-free; you don’t have to pay us back unless you win your case. Apply today for pre-settlement funding or call 800-760-0704 to learn more about lawsuit loan solutions.
Motorcycle accidents tend to involve severe to catastrophic injuries. This fact comes as no surprise, given that motorcycles are less crashworthy than vehicles. Because of the potential financial exposure, insurance adjusters will look for any possible way to reduce their potential payout. That can mean your motorcycle accident lawsuit ends up taking months or even years to resolve. In the meantime, you have bills and mounting expenses you need to cover. To alleviate the stress and help reduce your financial burden, consider a motorcycle accident settlement lawsuit loan. According to recent statistics from the National Highway Traffic Safety Administration (NHTSA), motorcycle riders are 27 times more likely than passenger vehicle occupants to die in a crash per vehicle miles traveled. If you are struggling with finances while waiting for a motorcycle accident settlement, Ally Lawsuit Loans can help. We offer the guaranteed lowest rate pre-settlement motorcycle accident loans to plaintiffs. Our helpful team understands how frustrating and lengthy the settlement process is for motorcycle injury lawsuits. We know your bill collectors aren’t going to wait for the defendant’s insurance company to resolve your claim. We can provide you with an affordable cash advance that will help ease your stress and financial burden until your claim is finalized. How Motorcycle Accident Settlement Loans Can Help You Out Perhaps the most powerful way that motorcycle accident cash advances can help you out is by redistributing the leverage in your settlement process. Insurance companies often use the fact that they have greater resources than most individual plaintiffs as leverage. They know that you have bills that you need to pay, so they offer you a lowball settlement offer. Their bet is that you need money now, so you will settle for less than your claim is worth. However, with a motorcycle accident settlement loan in your pocket, insurance companies don’t have this option. You can pay your bills immediately and hold out for a settlement that covers the entirety of the damages you suffered. Thus, the balance of leverage in the settlement process is restored. How Do I Qualify for a Motorcycle Accident Settlement Lawsuit Loan? When considering an application for a motorcycle accident loan, we look at a number of factors. Each of the factors noted below can affect not only the approval of your motorcycle accident lawsuit loan but also its size. Do You Have an Attorney? This is the most important factor we look at. For approval of your motorcycle lawsuit loan, it is critical that you have an attorney representing you in an accident claim. Without an active accident claim, there is nothing to secure the loan. Did You Suffer Damages? The amount that you can borrow in your motorcycle accident settlement loan depends greatly on how much calculable damages you suffered. Your lawyer will help us determine the likely size of your settlement, so we can calculate how much to make available to you. To get an idea of how much you can get in your lawsuit loan, discuss the size of your settlement with your lawyer. Otherwise, you can add up the entirety of all the damages you suffered yourself by tallying up any related receipts. How Strong Is Your Case? We will also discuss the strength of your case with your attorney to help us determine how much to loan you. Because the repayment of your loan depends entirely on your case succeeding or settling, we need to know that your case is likely to end successfully to provide the right amount in your loan. If your case isn’t likely to succeed or settle, the existing collateral may not be enough to secure the entirety of the loan. What Isn’t a Factor? A lot of things that are a factor in determining your eligibility for a traditional loan are not applicable in applying with Ally Lawsuit Loans. Some of the things that will not affect your eligibility for a motorcycle accident settlement loan include: Your credit score,Your employment history,Your rental history,Any criminal or driving record, orYour income level. None of the aforementioned factors will affect your eligibility to apply with Ally Lawsuit Loans. We want to make sure that anyone can afford to take advantage of our loans because everyone should be able to fight their case to the end. How to Apply for a Motorcycle Accident Loan At Ally Lawsuit Loans, the application process is straightforward and quick. In most cases, we can approve your application within 24 hours, and you’ll have your cash within 24 hours of approval. The application is free, and there is no background check or credit check required. Start by submitting your information using our online loan application form, or contact us by phone. We need to understand your accident circumstances and whether your case is a good fit for a lawsuit loan. We need to speak with your motorcycle accident attorney. Your attorney can explain the details of your lawsuit. We need to know their opinion on the potential outcome and decide whether your case is low risk enough for a motorcycle accident loan. Once this information is complete, we will make a decision. If we approve your application, you will have your cash advance within 24 hours. We can transfer it to your bank, mail a check, or even Western Union the money. Let Ally Lawsuit Loans Help You Cover Your Immediate Expenses Motorcycle accident lawsuits typically take a long time to resolve. Even in the early stages of your case, you may be frustrated with how long the process is taking. Apply today for a pre-settlement motorcycle accident loan, and you could have the cash to cover your mortgage, medical bills, utilities, groceries, and more in a day or two. Ally Lawsuit Loans offers the lowest rate motorcycle accident loans guaranteed. There is no risk in applying either, as you won’t have to pay back the loan if you lose your case. Our loan specialists are available to answer all your questions 24/7. Contact us today, and […]
For many, lawsuits mean settlements and financial recovery. However, while waiting for your case to settle, you may find yourself unable to pay your everyday expenses. Fortunately, there are options. Ally Lawsuit Loans can help get you the money you need now. What Is a Lawsuit Loan? A lawsuit loan is not like a traditional loan. Lawsuit loans exist to help you get the financial help you need while waiting for your lawsuit settlement. Lawsuit loans are based on the strength of your case and likelihood of settlement, not your credit score. Best of all, you need to repay your lawsuit loan only if you recover from your lawsuit. If you do not recover a settlement, you are not required to pay back your loan. How Does an Alabama Lawsuit Loan Work? Applying for a lawsuit loan in Alabama is relatively simple. The steps are typically as follows. Contact Us to Apply We’ll help get you on the path to lawsuit funding. Our team will ask questions about you and your lawsuit. We Contact Your Attorney After we’ve gotten preliminary information from you, we’ll contact your attorney to get the rest. We work closely with your attorney to get additional information and review the details of your claim. Decision If you’ve been approved, you can expect to receive funding within 24 hours. Be sure to discuss debt settlement in Alabama with your attorney before applying. They can best guide you. If you and your attorney decide a lawsuit loan is right for you, your attorney should expect our call. The sooner we get in contact with your attorney, the quicker you can receive your funds. How a Lawsuit Loan Can Help You During your lawsuit, you may experience financial difficulties. Lawsuit loans in Alabama can help ease the stresses and burdens of the lawsuit process. Cover Medical Expenses After an accident, your injuries will likely leave you with mounting medical bills. Lawsuit funding can help you pay these medical expenses and ease your worries. Pay Monthly Bills While your lawsuit progresses, your bills will continue to come every month. A lawsuit loan allows you to pay your most essential expenses, including: Mortgage or rent,Utilities, andInsurance. Your lawsuit loan can help you stay up to date on your bills while you focus on your recovery. Allow Time for Your Settlement While many factors play a role in a lawsuit settlement, patience is one of the most crucial. When you rush the settlement process, you often receive less than you deserve. After getting a lawsuit loan, you can feel at ease, allowing your attorney to work diligently to get you the best settlement possible. Apply For a Lawsuit Loan in Alabama Today Ally Lawsuit Loans is ready to help you get your lawsuit loan. With us, you can expect: The lowest rate in the industry;No loan repayment if you don’t settle; andA decision in 24 hours. You don’t have to struggle through financial strain while you wait for your settlement. Contact us, and let’s get you started.