Articles & FAQ

How Does Child Support Affect My Personal Injury Settlement? 

Most people expecting a personal injury settlement want to know if their other debts will affect the amount of their recovery. Certain unpaid debts can negatively impact your settlement. If you are currently paying child support, you may be wondering, Can child support take settlement money? When you recover compensation in a personal injury lawsuit, the settlement is designed...

cash advance on pending lawsuit

As with any financial decision, it's important that you get all the facts before making the decision to seek pre-settlement funding. Read to learn more about Pending Lawsuit Loans. If you're considering getting a pending lawsuit loan, you're not alone. Every day we provide cash advance on pending lawsuit settlements to plaintiffs across the county. Because civil lawsuits like...

Are Non-Recourse Loans Taxable?

Non-recourse loans are not taxable and are treated differently by the IRS from recourse loans. Non-recourse loan tax consequences will be different from those of recourse loans.  Depending on the type of loan, you may still owe taxes on part of it even if you default. When a non-recourse loan defaults, is canceled, or is forgiven, the borrower is...

Can I get my settlement money early

Pursuing a personal injury claim can be time-consuming. You may be waiting to reach an agreement via settlement negotiations. Or your case may be going to trial. If you have a pending case in litigation, it could take a year or more before it resolves and you see any financial compensation. Understandably, many injured victims want to know if...

how many pre-settlement loan can i get

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...

Is a lawsuit loan actually a loan

It's Not Technically A Loan 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...

settlement checks

If you are waiting for your settlement check, you may be wondering, how long can a lawyer hold money in escrow? 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...

best lawsuit loan companies

Need cash while you wait for your case to settle? If yoou search the web to find the best lawsuit loan company. What do you find? A bunch of companies claiming that they're the best. Here are tips to find the best lawsuit funding company for you. The fact is, most of these companies are basically the same. They...

Do Lawyers Give Advances On Settlements

Waiting for a personal injury claim to settle can seem like it takes forever. Your case may be in negotiations for a year or longer. If the other parties aren’t willing to negotiate, your attorney may need to file a lawsuit, which can delay a potential resolution even longer. At Ally Lawsuit Loans we understand that some injured victims...

what is you sue someone with no money

Our legal system allows financial recovery for the injuries you suffer due to someone else’s intentional or negligent conduct. The negligent party must pay you for any damages you suffered. You may wonder, what happens if you sue someone with no money? Is it worth suing someone with no money? Yes, it is. Don’t worry about what happens if...