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.
Articles & FAQ
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. What is a structured settlement, anyway? For instance, should you accept a lump-sum payment or agree to a regularly disbursed structured settlement? Structured settlements produce some distinct advantages, but they’re not ideal for every situation. If you’re considering a structured settlement, you can always sell it later (with court approval) for a lump sum. STRUCTURED SETTLEMENT TYPES: 📖 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 amountsChanging 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. STRUCTURED SETTLEMENT LOAN INFO: 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. STRUCTURED SETTLEMENT LOAN FAQ: 💰 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 on 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 Ally Lawsuit Loans. 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 (800) 760-0704 to apply for a structured settlement purchase or ask for more information about this option.
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 process is one more hurdle you must overcome in resolving your claim. So how long can a lawyer hold money in escrow? We give you an overview of the settlement check process here. 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 pays 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 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.
A slip and fall injury may seem like a relatively minor injury to some. However, if you have a slip and fall, you know that this isn’t always the case. Slip and fall injuries come in just about every form. Traumatic brain injury (TBI), paralysis, whiplash, and broken bones are just a few possible slip and fall injuries. Such injuries can be quite costly. According to the CDC, unintentional injuries cost Americans more than $450 billion per year in medical and work loss costs. Of those costs, more than one-third are from fall-related injuries. That means that fall-related injuries cost Americans about $150 billion per year. No metric would consider that amount insignificant. Lawsuit Loans Help While the Legal Process Runs Its Course If you have a slip and fall injury caused by someone else’s negligence, you are entitled to recover damages. If you’re reading this, you likely plan on hiring a lawyer to file a lawsuit or have already done so. Settlements don’t happen overnight, but medical bills come quickly, and life won’t wait for your settlement payment. If you’re filing a lawsuit and need financial assistance while you wait for your case to settle, a lawsuit loan is an excellent option. Ally Lawsuit Loans is an industry leader in pre-settlement funding. If you’re considering pre-settlement funding, you will want to know how much you should borrow. A good way to answer that question is to ask about typical slip and fall cases’ payouts. While each lawsuit is different, a few factors can help you estimate what your slip and fall claim is worth. Estimating the Worth of a Slip and Fall Claim To get a general idea of what your slip and fall claim is worth, the most important things to consider are the severity and type of injuries and damages. Generally, the more severe your injuries, the more your claim is worth. More costs bring a higher settlement. To illustrate what this may look like in practice, consider two hypothetical examples. Example One In the first example, consider you have a severe slip and fall accident. You hit your head, suffering a concussion, and break your ankle while falling. An ambulance takes you to the hospital. There, your ankle requires surgery and a three-day stay to monitor your potential brain injury. You miss work during that time. Once your hospital stay finishes, you can’t work for a month as you recover from your surgery. Furthermore, you need physical therapy for a few months to fully heal. Luckily, the concussion does not leave long-term effects. However, you see a brain injury specialist a couple of times to ensure that more serious problems are not lurking below the surface. Example Two Now, consider a less severe slip and fall accident. In this case, you slip on a wet spot at the supermarket and fracture your wrist. Your spouse drives you to your physician the next day so you can get an x-ray. You find out that you will need to wear a cast for a few weeks. You have to miss work during that time, but otherwise, you fully recover. Comparison These two examples are drastically different. As such, the settlement of their clams will also be drastically different. The first example requires surgery, emergency transport, a hospital stay, continuing care, and medical specialists. Such costs add up very quickly, so to fully recover damages, the claim’s settlement will be very high. Contrast this with the second example, where you saw a normal physician and missed work. While such medical bills are not insignificant and missed work requires compensation, the final settlement will be dramatically less than the first example. The best way to estimate your settlement amount is to add up all the injury’s various costs. Your Attorney Can Help You Estimate the Claim Amount Your attorney can help you estimate your final settlement amount. They know all the facts and circumstances of your case. With this information and their prior experience with similar cases, they can help you add up all your injury’s economic and non-economic costs to come up with an estimate of your final settlement amount. Considering a Lawsuit Loan? If you’re considering a lawsuit loan for a slip and fall claim, contact Ally Lawsuit Loans today. Our application process is quick and easy. Furthermore, we offer a lowest-rate guarantee and 24-hour application turnaround. Best of all, if your claim is not successful, you won’t owe us anything. You deserve an ally while you wait for your settlement, so contact Ally Lawsuit Loans today!
Because of the damning evidence against them, Monsanto has agreed to a $10 billion settlement covering an estimated 95,000 claimants. The settlement fund only covers medical treatment that occurs up to December 31, 2020, so time is of the essence for claimants that want to participate in this settlement. Monsanto’s herbicide Roundup first hit the market in 1974. Since then, hundreds of thousands of individuals have used the product to kill weeds. Monsanto markets the product as a clean, safe herbicide, even arguing until 1996 that it was safer than table salt, but this is not true. On the contrary, glyphosate, Roundup’s active ingredient, can cause Non-Hodgkin Lymphoma (NHL), a form of cancer. Glyphosate was given a designation as a probable cancer-causing agent by the World Health Organization’s (WHO) International Agency for Research on Cancer (IARC) in 2015. Internal documents that came to light during the discovery phase of lawsuits against Monsanto reveal that the company knew of glyphosate’s danger for decades and made substantial efforts to keep this information private. How Pre-Settlement Funding Can Help While time is of the essence to file a claim, the settlement will not be paid out immediately. This is a problem for many victims of Roundup who suffer from NHL. On top of the tremendous pain and suffering that comes with NHL and other forms of cancer, these diseases impede your ability to work and can bring significant medical bills with them. The devastating financial strain of these costs on a household can compound quickly. If you’re filing a Roundup cancer lawsuit and need some extra funding to stay afloat financially before receiving a settlement payout, consider a pre-settlement funding agreement through Ally Lawsuit Loans. Ally Lawsuit Loans can help relieve your immediate financial pressure as you wait for the conclusion of your Monsanto Roundup lawsuit. To this end, we offer a lowest-rate guarantee, 24-hour application processing, and reassurance that you’ll pay nothing if your case falls short. Administration of the Roundup Settlement Fund Epiq Legal Solutions has been appointed as the sole neutral, third-party claims administrator in the Monsanto lawsuits settlement fund. Epiq will review all claims, determine their eligibility, and determine each claimant’s total award. Roundup Settlement Fund Point System To ensure fair, objective application and distribution of settlement funds, the Epiq system for assessing each claimant’s reward will apply a “points scheme.” The point system will look at several factors in each case and award points to claimants based on those factors. Some, but not all of the factors that will be used to determine each claimant’s number of points include: Age at diagnosis of NHL;Type of NHL;Extent and nature of treatment for NHL;Total amount and duration of Roundup exposure before diagnosis;Length of time between initial exposure of Roundup and NHL diagnosis;Severity of injury; andExistence of other risk factors for developing NHL before NHL diagnosis. The more strongly these factors apply to you, the higher their point value is. For example, someone whose diagnosis comes at the age of 30 will have a higher point value in the age category than someone whose diagnosis comes at the age of 60. The various categories are split into five levels to gauge their severity. At the highest level (level five) is a claimant who passes away due to their exposure to glyphosate, was otherwise relatively healthy, and was 17 years old at the time of their diagnosis. On the other hand, at the lowest point value is a claimant who had numerous existing health issues, was 80 years old or older at the time of their diagnosis, and did not receive NHL treatment. While a claimant can file an appeal against their points award, only one appeal is possible, and the appeal decision is final. In employing a point system, the Roundup settlement program aims to distribute settlement funds in an objectively verifiable and equitable manner. Extraordinary Injury Fund (EIF) Some claimants will qualify for compensation in addition to their basic settlement award. This extra compensation comes from the settlement’s extraordinary injury fund (EIF). To be eligible for additional compensation from the EIF, a claimant must suffer from damages that surpass a typical Roundup lawsuit claim. Some of the circumstances that will bring a claim to the EIF level include the following: Medical certification demonstrating claimant has just six months to live;Stem cell or CAR-T treatment;Three or more cycles of chemotherapy;Four nights or more spent in the hospital due to NHL treatment;Medical certification demonstrating claimant’s inability to have children due to NHL treatment;Economic loss over $200,000;Organ damage as a result of NHL treatment;An inability to walk without assistance as a result of NHL treatment; andPermanent disability as a result of NHL treatment. These are not the only circumstances that justify additional compensation from the EIF. Other extenuating circumstances related to NHL treatment or diagnosis that rise above an ordinary level can qualify a claimant for additional funding from the Roundup EIF Settlement Program. Qualifying for Funding To qualify for pre-settlement funding of your Monsanto Roundup lawsuit from Ally Lawsuit Loans, a claimant must fulfill three criteria: A claimant must have proof of exposure to Roundup;A claimant must show a medical diagnosis of NHL; andA claimant must enter into the Roundup settlement program and show proof of enrollment. If you can show each of these criteria, Ally Lawsuit Loans can offer pre-settlement funding to help you make ends meet while waiting for your claim’s payment. Don’t Let This Opportunity Pass You By If you suffer from NHL due to Roundup exposure, you deserve compensation. The settlement fund set up for the Monsanto Roundup cancer lawsuit provides the perfect opportunity to get compensation for your injuries without having to hire an attorney and file your own lawsuit. However, the fund only covers medical care before December 31, 2020, so don’t let this opportunity pass you by. Keep in mind that it will take time for Epiq to evaluate your claim and for you to receive your compensation. To make sure your bills are covered […]
Are you waiting on a settlement from your Xarelto lawsuit? Applying for a Xarelto settlement loan can allow you to obtain a cash advance on your pending class-action lawsuit. It’s not uncommon for class-action lawsuits to take years to resolve, especially when multi-million-dollar pharmaceutical corporations are involved. Ally Lawsuit Loans offers Xarelto lawsuit loans to help you with finances now while you wait for a settlement. We understand what a stressful time this is for victims, and we want to help. What Are the Xarelto Lawsuits? Xarelto is a pharmaceutical drug designed to prevent blood clots and prevent strokes. Unfortunately, the medication has been linked to numerous issues and has caused irreversible intestinal bleeding, rectal bleeding, embolisms, and brain hemorrhages. Many victims have required hospitalization, while multiple others have died. Xarelto is produced by Bayer A.G. and marketed by Janssen Pharmaceuticals, a division of Johnson & Johnson. How Xarelto Lawsuit Loans Work Lawsuit loans offer cash to plaintiffs before they receive any Xarelto settlement payouts. The compensation you receive now can help pay for bills and other financial obligations you may be falling behind on. Depending on the severity of your side effects from Xarelto, you may be unable to work and provide for your family. While a lawsuit loan won’t necessarily cover all your financial obligations, it can certainly reduce some of your stress while you await news on the Xarelto lawsuit settlement amounts. The process starts when you apply for funding. You will provide necessary information about your background and your pending claim. One of our representatives will contact your attorney to learn more about your case and discuss possible Xarelto settlement amounts. If we determine that we can be a good fit for your situation, you’ll have cash within 24 hours of approval. If you are not successful and do not win your case, you will not need to pay back the loan. Ally Lawsuit Loans’ rates only apply if you successfully win your case. The amount you can receive will vary based on your case’s specifics and what your potential settlement amount could be. Loans could be as low as $500 or even as high as $750,000. Use the online Lawsuit Loan Calculator to see what your potential amount could be. This calculator is only an assessment, as Ally Lawsuit Loans cannot provide an actual rate until you speak directly with one of our representatives. We don’t look at your prior credit history or verify your income and employment history. Our funding is based on the likelihood that you will be successful with your Xarelto lawsuit. Why Choose Ally Lawsuit Loans? Ally Lawsuit Loans provides funding for plaintiffs involved in multiple litigation types, including workers’ compensation, auto accidents, wrongful termination, defective medical devices, defective drugs, and other types of personal injury claims. Clients love our customer service, and we offer the lowest rates in the industry—guaranteed. Finding the lowest interest rates is essential. Rising interest rates or compounded interest can drastically increase your repayment amount. Unlike some of our competitors, we offer the lowest settlement funding and use only clear and concise terms in your agreement. To learn more about how we can help and get an actual rate, contact Ally Lawsuit Loans today at 844-725-8619 or apply online. You could qualify for a loan in as little as 24 hours.
The news is full of police brutality reports. Regardless of the reasoning behind a police officer’s decision to abuse their power, police brutality victims often have grounds to file a lawsuit. Police departments tend to draw these out unnecessarily; they don’t want to admit fault by agreeing to a settlement. This process can be frustrating and extremely costly for the plaintiffs involved in police brutality lawsuits. Ally Lawsuit Loans can help. If you are in the middle of a police brutality lawsuit that is draining your bank account, you might be eligible for a cash advance on your police brutality lawsuit settlement. How Long Will it Take to Settle? Unfortunately, police brutality cases can take years to settle. This is partly because most police departments are self-insured, meaning they have large amounts of money to fund police brutality lawsuits. This increases the time it takes to settle a police brutality case, and often the plaintiff cannot outlast the department financially. After all, plaintiffs are regular people with everyday bills to pay; they can’t devote their entire paycheck to fighting for a police brutality settlement. That’s where Ally Lawsuit Loans comes in. We offer non-recourse cash advances on your police brutality lawsuit settlement. We have approved loans as low as $500 and as high as $750,000. You can also apply for a second or even third loan if your lawsuit continues to drag out. Ally Lawsuit Loans is committed to helping you remain financially stable so you can focus on winning the settlement you deserve. How Much is My Police Brutality Case Worth? The dollar amount attached to a police brutality lawsuit settlement depends on each case’s unique circumstances. Some of the factors considered in a police brutality settlement are: Injuries sustained by the plaintiff: were you physically injured, emotionally injured, or both?Evidence: did witnesses give statements? Did someone take a video or pictures of the incident? Does the police report confirm your account of what happened?Aggravation: did the plaintiff do something to provoke the police officer further?Misconduct: was the plaintiff doing something illegal?Motive: was the police officer’s assault prompted by racial or gendered prejudices? These factors also determine your eligibility for an advance loan on your settlement. We will analyze your case details when reviewing your application and determining how much money we can lend you. Once your case is settled, we will take a part of the funds to repay the loan. All our loans are non-recourse, meaning that you owe us nothing if you don’t win your police brutality settlement. How to Begin the Loan Application Process Ally Lawsuit Loans’ application process is transparent and quick. Simply fill out the application on our website and provide your attorney’s contact information. We will determine your eligibility for a police brutality settlement loan in as little as 24 hours. Because of each police brutality case’s unique nature, it is helpful to provide the following information when applying for a loan with us: Evidence proving your innocence (photos, videos, statements, police reports, etc.);The official complaint from your lawsuit;Medical records, if you sustained injuries; andInsurance information. If you have questions about our application process or are unsure if your case qualifies for a loan, call our expert customer service team at 844-572-2966. How Ally Can Help The last thing you need to worry about when fighting a police brutality lawsuit is money. Ally Lawsuit Loans can help you shoulder this burden with a non-recourse cash advance on your police brutality lawsuit settlement. Our loans are risk-free, meaning you owe us nothing if you don’t win your settlement case. Our customer service team is committed to providing an excellent experience for our clients, and we guarantee the lowest possible interest rates in the industry. Contact us today to get started on your advance loan on your police brutality settlement.
After an accident, victims who sustain injuries are often unable to work for a while. Having a shortage of income while bills continue to come in can make waiting for a lawsuit settlement check frustrating. Many people turn to settlement advance loans to make ends meet and pay their bills during these challenging times. However, when a personal injury lawsuit is drawn out longer than expected or unanticipated expenses arise, one advance loan on your settlement might not be enough money. This is common. Plaintiffs frequently take out a second settlement advance loan, as it is hard to predict how much pre-settlement funding you will need during your initial application. 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 be eligible to get a second loan or even a third loan. Defining a Pre-Settlement Loan by State Advance loans on settlements are a relatively new concept. These types of advances are currently legal in all 50 states. However, several states have started regulating the industry, and others have passed laws that directly apply to settlement advance loans. Ally Lawsuit Loans currently serves clients filing lawsuits in Florida, Illinois, Louisiana, Nevada, New Jersey, and Texas. I Have Already Taken A Loan. Can I Take Another? There is no limit to how many settlement advance loans a plaintiff can apply for or take out. Your eligibility on a second, or even third, loan depends on your settlement’s estimated value and the amount of money you took from your initial loan. The Estimated Value of Your Settlement The amount of money a lender offers you is contingent on the estimated value of your legal claims. Essentially, the amount of money you are eligible for in a settlement advance loan will be higher if you have a strong case. At Ally Lawsuit Loans, we only fund cases with serious injuries and clear liability. These are strong cases that are likely to win their settlement. This means that we can likely lend approved plaintiffs more money with a lower interest rate. However, even though we can offer large sums of cash, we encourage you only to take the amount of money that you need. You can always apply for a second loan if the first one is not enough. Your Initial Loan You have a good chance of approval on a second advance settlement loan if you took less than the first loan’s maximum amount. This is one reason we encourage you to only take what you need from any loan for which you are approved. How Long Will the Process Take? Ally Lawsuit Loans can determine if you qualify for an additional pre-settlement loan in as little as 24 hours. Your loan eligibility is based entirely on merit. When you apply for a loan with Ally, you give us the necessary information about your lawsuit and your attorney’s contact information. We will determine if you qualify as quickly as possible. Why Choose Ally? Ally Lawsuit Loans is committed to providing you with the best lawsuit loans available. With our trusted customer service, you can be confident in your decision to work with Ally on your second or third pre-settlement loan. Our team is dedicated to providing plaintiffs with: The lowest rate advance loan on your settlement;A transparent, fair, and understandably application process;Non-recourse loans — you only repay the loan if you win your case;Loan approval in as little as 24 hours; andThe best customer service support. If you are looking to take an additional settlement advance loan, contact the customer support team at Ally to discuss your lawsuit’s details.
After a serious accident, you may have spinal damage and be going after a spinal fusion lawsuit settlement. If you’ve suffered a spinal injury and are required to have spinal fusion surgery, you have legal options. Outlined below we will discuss the average settlement for spinal fusion and provide a few options for getting a pre-settlement loan. Ally Lawsuit Loans is here to help. What Is Spinal Fusion? Spinal fusion is a type of surgery performed on the spine. After sustaining a severe injury to your spine, a spinal fusion is often required to repair the spine. This particular type of surgery involves fusing bones together or replacing damaged discs in the spine with bone grafts secured with plates and screws. Spinal fusion techniques mimic the way bones would typically heal. They are usually performed on the neck (cervical spine) or back (lumbar spine). Spinal fusion surgery can impose limitations. After surgery, you will experience a limited range of motion and loss of strength. Spinal fusions will also require time to heal. Common Accidents That Lead to Spinal Fusion Surgery Many different kinds of accidents can cause serious injury to the back and require a spinal fusion. Some of the most common include: Car accidents,Truck accidents,Motorcycle accidents,Slip and fall accidents,Construction accidents, andMedical malpractice. Typically, any accident that produces a significant jolt to the neck or back can lead to fractures in the spine or disc damage. What Is the “Average” Settlement for Spinal Fusion Surgery? The average settlement for spinal fusion varies. Every single case is different, and many factors are taken into consideration when calculating a settlement. For these reasons, there is no “average” spinal fusion lawsuit settlement. Your settlement will depend on your particular case, considering the specific surgery performed, among other details. The only way to accurately know what your case is worth is by consulting with an experienced personal injury attorney. How Much Money Can You Get From a Spinal Fusion Surgery Lawsuit Settlement? Spinal fusion surgeries will usually affect your personal injury settlement, often increasing the value of your case. Because these surgeries are complex and require significant healing time, settlements can reach up to six figures. Factors Influencing the Average Settlement for Spinal Fusion Personal injury settlements depend on the damages suffered by the plaintiff. Common factors that affect your spinal fusion settlement amount may include: Medical bills;Lost wages or benefits;Diminished quality of life; andPain and suffering. Many times your settlement will not only depend on your surgery but also your prognosis after surgery. If you are unable to return to work or require more care and medical treatment in the future, this can increase your spinal fusion settlement amount. Do I Need an Attorney to Handle My Case? While you are not required to have an attorney, these types of cases can be unique and complex. To get the maximum amount of compensation, you must seek legal representation from a knowledgeable and experienced personal injury attorney. Related: Can I Get a Lawsuit Loan Without an Attorney? Choose Ally Lawsuit Loans to Help You Lawsuits can require you to pay certain fees out of pocket. If you are unable to cover your lawsuit’s costs, Ally Lawsuit Loans is here to help. A lawsuit loan can help you in many ways. Ally Lawsuit Loans can also help with covering immediate expenses. After an accident, you may incur various expenses that you cannot cover if you are unable to work. A lawsuit loan can relieve financial hardship while you are waiting for your settlement. Our loans are also no risk, meaning you only pay if you win your case. We offer “non-recourse loans,” meaning your future settlement secures your loan. If you happen to lose your case, you do not owe us anything. After being involved in an accident and having surgery, you’ll have enough on your plate. You shouldn’t have to face financial hardship while you fight the insurance company for a fair settlement. Apply for a lawsuit loan today and let us help you in your legal battle.