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At Ally Lawsuit Loans it is our mission to provide the lowest cost pre-settlement loans in the industry. The truth is, we can’t tell you exactly what your settlement loan interest rate will be until we learn the specifics of your case. What we can promise you is that we’ll offer you the lowest rate possible, we’ll be fully transparent about the cost of your lawsuit loan, and we’ll never spring hidden fees or costs on you. The personal injury claims process can be frustratingly slow. While insurance companies can take months or even years to resolve a claim, the bills can start piling up immediately after an accident. Waiting for a lawsuit settlement check can put a serious burden on an injured victim and their family. At Ally Lawsuit Loans we provide immediate funding to help relieve the financial burdens that plaintiffs face as they await a settlement. We offer pre-settlement funding interest rates that are the best in the industry — guaranteed. If you are considering applying for a lawsuit loan you obviously are interested in finding the lawsuit funding company that will provide you with the lowest possible interest rate. We encourage you to use the lawsuit loan calculator below to get a sense of what it cost to get a pre-settlement loan with Ally Lawsuit Loans. With that being said, the best way to learn what your interest rate will be is to call us or apply online. Our friendly staff will be happy to answer your questions. Contacting us obligates you to nothing. DISCLAIMER: This calculator uses our average funding interest rate. The total quoted here is not necessarily what you will pay. Our interest rates are based on an assessment of the details of your lawsuit, and so we cannot provide you with your actual rate until we speak with your attorney. Lawsuit Loan Calculator How much money do you need to be advanced? (without commas) How long do you expect before your case settles / is resolved? 6 months 12 months 18 months 24 months 30 months Here’s how much you’ll owe: Industry Average: With Ally: We Guarantee the Lowest Interest Rate for Lawsuit Loans At Ally Lawsuit Loans, we guarantee the lowest rate settlement funding. 📉 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 financing. If you do not win your case, then our team will not receive payment. We are able to beat other companies by offering interest rates that vary based on the strength of the underlying legal case. In other words, the better your personal injury case, the lower your interest rate. Unlike some other lawsuit financing companies, we are able to keep our pre-settlement funding rates low and guarantee the lowest rate settlement funding because we do not take on every case. We fund cases with serious injuries and clear liability. 📊 What factors will affect the pre-settlement loan interest rate? Your interest rate will not be affected by your personal credit history. We do not need to verify your income or employment history. Our company offers affordable lawsuit loans with interest rates that are based solely on the likelihood that you will win your case. 💲 Interest Rates Matter — Why You Need to Find the Lowest Rate If you looking for lawsuit funding, you will quickly discover that there is no shortage of companies available. It is essential that you find a trusted legal financing company that can offer reliable and low lawsuit financing rates. Interest rates matter — and you deserve the lowest rate and the best terms. Beware of lawsuit companies that will not tell you what the pre-settlement funding interest rates will be for your specific case. Compound interest can make a huge difference when it comes to calculating the total costs that you will have to pay for funding. As explained by Investopedia, compound interest is an interest that calculates on top of other interests. Over time, compound interest can really add up. Not only does Ally Lawsuit Loans offer the lowest rate settlement funding, but we also use clear and concise terms in our agreements. There are no hidden fees and no unfair financing charges. Get Help From Our Lawsuit Funding Specialists At Ally Lawsuit Loans, we offer the lowest lawsuit loan interest rates — guaranteed. You may be able to qualify for a lawsuit loan in less than 24 hours. If you are considering applying for pre-settlement funding, we are here to help. To find out more about what our lawsuit legal funding specialists can do for you, please call us today at (800) 760-0704 or apply now. Lawsuit Funding Company Reviews – Reviews From Around the Web Fair Rate Funding Cherokee Funding Momentum FundingPeachtree Financial SolutionsThe Legal Funding Group, LLCCase Cash, LLCBuckeye Legal FundingPrime Case FundingOasis Financial

When you get injured in an accident, you might struggle to keep up with your finances. Since many personal injuries take a while to recover from, you may not have enough money to pay for medical bills, rent, utilities, groceries, or other expenses. Thankfully, you don’t need to suffer through financial strain while waiting for your settlement. At Ally Lawsuit Loans, we provide plaintiff legal funding for those who can’t wait for their settlement. What is Legal Funding? Plaintiff legal funding, often referred to as pre-settlement lawsuit loans, are cash advances sent to plaintiffs with an active lawsuit in exchange for a portion of their settlement. Unlike regular loans, lawsuit loans do not require a credit check or income verification. In addition, they are non-recourse, which means you don’t have to pay back the loan if you lose your case.  Plaintiffs use legal funding to pay for many types of expenses while they wait for a settlement, including any medical treatment they receive due to their injuries, general living expenses, and even legal fees.  Steps to Receive Plaintiff Legal Funding If you need cash to keep you afloat after being injured in an accident, here are the steps you need to take to receive plaintiff funding. Retain Legal Representation In order to qualify for a lawsuit loan, most reputable lenders require you to have a lawyer and have an active lawsuit against another party. If you file a lawsuit and decide to represent yourself, you cannot get legal funding. Discuss Plaintiff Legal Funding With Your Lawyer Once you have a lawyer, discuss your funding options with them. Your personal injury lawyer will help you determine whether a lawsuit loan is right for you or if you have any other options. Typically, individuals who cannot work and don’t have enough money to pay for basic living expenses use legal funding more often than those who have cash reserves. Apply for Legal Funding Submit an application for plaintiff legal funding to a trusted lawsuit loan lender. At this stage, the lender reviews the details of your case to determine if you qualify for your requested loan amount. Ask Your Lawyer to Send Case Information to the Lender Before the underwriting process begins, your lawyer must send case information to the lender. This helps the lender determine the strength of your case and the likelihood of you receiving a settlement. Make sure to tell your lawyer about your application before you submit it. Get Approved and Receive Your Cash At Ally Lawsuit Loans, we approve most applications within 24 hours. Once approved, there aren’t any extra origination fees or out-of-pocket costs. We send you cash advance immediately by wire transfer, check, or money order; whichever you prefer. Contact Ally Lawsuit Loans Today We understand the stress and anxiety that plaintiffs go through while recovering from their injuries. You shouldn’t have to suffer from financial instability after an accident. At Ally Lawsuit Loans, we provide pre-settlement legal funding to plaintiffs while they wait for the outcome of their lawsuit. Whether it is an auto accident, a workers’ compensation claim, or medical malpractice, we are here for you. We have the lowest interest rates in the industry and offer 100% risk-free loans. That means if you lose your case, you don’t have to repay anything. Apply for a lawsuit loan online today or give one of our specialists a call at 844-545-6246 to learn more about our plaintiff legal funding.

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.

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.

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. Below you’ll find 6 important facts to help you make an informed decision. Because civil lawsuits like personal injury or employment law claims 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. 📊 #1: 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. 📈 #2: 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.  💰 #3: 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 who may call your attorney without your consent. This unnecessarily diverts your attorney’s attention from your case. 📄 #4: 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. 💬 #5: 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 ⏱ #6: 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 844-545-6246 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.

When you’re involved in a lengthy lawsuit, your cash flow may run low as your stress runs high. While your attorneys spend months negotiating a settlement, your bank account plummets. You may worry about paying your bills and wonder where to find funding for a lawsuit. We have a simple lawsuit funding suggestion. During this long settlement process, you can apply for a lawsuit cash advance. You may have some questions about a settlement advance. What is a settlement advance? How do you qualify for a cash advance? Why would you get denied funding for a lawsuit? Keep reading for answers to common lawsuit funding questions. What is a Settlement Advance? A settlement advance involves you borrowing from your future settlement award. The simple process follows these four steps: You apply with a lawsuit funding lender.The lender talks to your attorney about the merits of your case.The lender informs you if you qualify for a lawsuit cash advance.The lender delivers your cash advance within 24 hours. You don’t pay back your lawsuit advance until you receive your settlement award. If you don’t win your lawsuit, you owe nothing on your lawsuit cash advance. How Do You Qualify for a Cash Advance? Lawsuit cash advances differ from other loans. For traditional loans, lenders qualify the borrower based on credit score and income. Instead, for lawsuit funding, lenders evaluate the borrower’s potential settlement. Lenders gain the confidence to fund your lawsuit if they think that you are likely to win a substantial settlement. After you apply for a settlement advance, the lender investigates your potential to win a settlement award. The lender calls your attorney to see where your case stands. From this communication, the lender wants to learn a few things about your case: How likely are you to settle?When are you expected to settle?How big of a settlement should you receive? These case factors determine whether you qualify for a lawsuit cash advance. Why Would You Get Denied Funding for a Lawsuit? If a lender denies you a cash advance funding for your lawsuit, you probably feel disappointed. You may wonder what factors lenders evaluated before denying you funding. There are several reasons why a lender may decide not to fund your lawsuit cash advance. Cash Advances Violate State Law Most states allow lawsuit cash advances. However, there are a few states that prohibit this form of financial assistance. Currently, three states ban settlement cash advances: MarylandColoradoTennessee If you live in one of these three states, a lender cannot provide you a lawsuit cash advance. Even if you have a strong case, state law prohibits a lender from offering you an advance. You Don’t Have an Attorney A lender needs to speak to your attorney before offering a lawsuit cash advance. If you don’t have an attorney, the lender cannot make an informed decision on your loan. Even if you present a strong case, the lender needs to understand where you stand legally. Hiring an attorney increases your settlement potential and settlement amount significantly. A lender insists that you hire an attorney because the lender wants you to have the best chance at winning your case. Hire an attorney to expedite your case and your potential for a settlement cash advance. Most personal injury attorneys work on a contingency fee, meaning that you don’t have to pay your attorney up-front. The contingency fee varies by the attorney. You should read your attorney-client contract carefully to make sure you understand contingency fee details. A lawyer working on contingency wants your case to settle for as much as possible. This motivation should make an attorney work even harder for you. Consult several attorneys, and sign on with the one who seems like your best advocate. You Have Other Funding If you already have a cash advance, that doesn’t automatically disqualify you from obtaining a new settlement advance. The second advance functions as a lower interest refinance on the previous settlement advance. However, if you owe more than a lender thinks your settlement is worth, the lender won’t issue another advance. After all, the lender needs to believe that you can pay back the advance. Lenders don’t issue a predetermined cap on cash advances because each case is unique. Each advance depends on the settlement potential of the associated lawsuit. If your previous advance balance falls below your potential settlement, a new lender could offer you another cash advance. Get Pre-Settlement Funding Now Even if a lender has denied your settlement advance before, we will give it a second look. Some of the factors that disqualified you previously may have changed. If you need cash while you wait for your lawsuit settlement, call us at (800) 760-0704 or apply today!

When you file a personal injury lawsuit, you travel a long legal road to settlement. You hire attorneys, give depositions, and collect medical records. You wait while the lawsuit drags on. You worry about your dwindling bank account. You can avoid some of that financial stress with a settlement advance. You can’t hurry the legal process along, but you can tap into your settlement before your case closes. In this process, you borrow from your damage awards and pay back the lender once your case settles. To obtain a settlement advance, apply with a legal cash advance lender. The lender discusses your case with your attorneys and determines whether you qualify for a legal cash advance. If the lender approves you for a settlement advance, you get cash in 24 hours. You pay nothing back until you receive your settlement. You should know a few things about settlements before taking a settlement advance. How are settlements paid out? What steps does the process involve? Here’s what you need to know. 9 Steps to Settlement Reaching a settlement involves work. Parties investigate, negotiate, file insurance claims, and conduct medical evaluations.Settlements take time. The process may span a year or more. You sign stacks of paperwork. When negotiations end, you sign the Order of Settlement. You also sign a release, promising the defendant that you won’t file a future lawsuit on your injury. Terms and conditions are important. Your attorney reviews all documents before submitting them. If your attorney disagrees with terms and conditions, he or she negotiates with the defendant’s attorney.A judge steps in to resolve disputes. If the attorneys cannot reach an agreement on settlement terms and conditions, they go to a judge. This judicial involvement delays the settlement process.The insurance company cuts the check. The defendant’s insurance company pays you after they receive the Order of Settlement and release. The insurance company should issue your check promptly, but they sometimes delay.Your attorney holds onto the check. The insurance company makes the check payable to you and your attorney and sends the money to your attorney’s office. Your attorney deposits the check-in an escrow account, while it clears. Debts have first dibs. You pay any outstanding liens, such as medical bills, child support, or attorney fees. Your attorney takes the amount outlined in your contingency fee agreement.You finally get your cash. Your attorney sends you a check with the remaining settlement award. So, to answer that question, “How are settlements paid out?” It takes time and work. You may feel discouraged reading about such a lengthy settlement process. But know that a big check waits at the end of that ordeal. Apply for a 24 Hour Settlement Advance If you need cash while you wait on your settlement, we can help. We offer a settlement advance with 24-hour cash approval. Contact us by filling out our online form or calling us at (800) 760-0704. If you qualify for a lawsuit cash advance, we’ll send you cash within 24 hours!