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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!

Do you feel like you’re stuck between a rock and a hard place while you wait for your lawsuit to settle? You filed a personal injury lawsuit, and you hope to win damages for your injury. The money won’t repair all you’ve suffered, but it will help. However, the average cost of a lawsuit is high. Until you get that settlement, how do you make ends meet? Lawsuit settlement advances help plaintiffs pay their bills while they wait on a settlement. If you’re wondering, “How much do lawsuit loans cost?” you’ll want to know several things about settlement advances: What is a settlement advance?How do you get a settlement advance?What lawsuit loans interest rates apply?When do you pay back your settlement advance? What Is a Settlement Advance? Taking a settlement advance means you borrow money from your future settlement. If you qualify for a settlement advance, you access your award before your case settles. A settlement advance depends on the amount of your potential settlement. It is difficult to give an average cost of a lawsuit cash advance because every case differs. If you are suing for a substantial amount of money, you may qualify for a bigger cash advance. A settlement advance helps you while you wait for your lawsuit to settle, and you owe nothing on your loan until settlement. How Do You Get a Settlement Advance? You apply for a settlement advance with a reputable lender, who evaluates your case. The lender calls your attorney to gauge your chances of reaching a settlement. The lender investigates these factors before offering you a loan: How soon will you settle?What settlement amount do you expect to receive?Have you received any other settlement advances? If the lender receives satisfactory answers to all these questions, the lender will extend you a settlement cash advance. You should have your money within 24 hours. Our guarantee is simple. Within 24 hours of your qualifying, we wire transfer the loan to your account or overnight a check. What Lawsuit Loans Interest Rates Apply? Interest rates, what a lender charges to lend you money, can be confusing. Even though you don’t owe loan payments until your case settles, interest still accumulates. This ambiguity doesn’t provide an easy answer to the inquiry, “How much do lawsuit loans cost?” The amount of interest you pay on your lawsuit loan depends on two things: Your interest rate. Lawsuit loans interest rates are either simple or compounded. Simple interest is easy to calculate. Determine simple interest with this formula: Principal Loan x Annual Interest Rate x Length of Loan. Compound interest, based on your original loan plus the interest accrued, is more difficult to calculate. The formula for compound interest depends on how often your loan compounds: monthly, quarterly, or yearly. How long your case takes to reach a settlement. Accumulated interest climbs higher if you have a longer loan. So, if your case takes a long time to settle, you will owe more in loan interest. While you can’t know exactly how much your lawsuit loan costs, interest rates help you compare lenders. How to Evaluate Settlement Lenders When you evaluate lenders for your settlement cash advance, each lender should give you a payment chart for your loan. The chart doesn’t provide the average cost of a lawsuit cash advance, but it details the lender’s interest rates. If the lawsuit lender does not provide you with a lawsuit loans interest rates chart, beware. You want to work with a lender that is straightforward about lawsuit loan fees. You don’t want any surprises when you settle and pay back your loan. Look carefully at lawsuit loans interest rates before accepting the advance. Consider these details when evaluating any potential lawsuit lender: The lender should detail all fees and provide a simple payment chart.The lender should charge no up-front fees.The lender should provide you a free consultation. Besides interest fees, you may see other fees noted on your contract. Lenders sometimes charge application fees, underwriting fees, and origination fees. However, these fees should not amount to much money. If you see a lender charging exorbitant fees, look elsewhere for your lawsuit loan. When Do You Pay Back Your Settlement Advance? You owe no payment on your lawsuit loan until your case settles. When your case settles, you owe the lender the loan principal plus interest. If you lose your lawsuit, you owe the lender nothing. Although loan interest adds to the cost of your lawsuit, plaintiffs weigh the benefits of these loans against the cost. Lawsuit cash advances help plaintiffs pay bills and relieve stress while plaintiffs wait for a settlement. Get Pre-Settlement Funding Now If you are struggling to make ends meet while you wait for your settlement, we can help. We send cash within 24 hours and guarantee the lowest rates. You owe us nothing if you lose. Stop stressing about cash, and call us at (800) 760-0704 or apply today!

Even if you have a strong and well-supported legal claim, it can take a significant amount of time to recover full and fair financial compensation through a lawsuit. As described by the American Bar Association (ABA), the typical tort claim — such as a personal injury lawsuit — will take somewhere between three months and twenty-four months to reach a resolution.  This raises a potential problem for plaintiffs: What do you do if you need money right now? One option available is that you can borrow money from your settlement. There are, of course, pros and cons to getting a loan against a lawsuit. Still, for many people, lawsuit funding is the most cost-effective way to get bills paid now.  How Does Lawsuit Borrowing Work? If you are getting money for a lawsuit or a loan against a lawsuit, you are technically getting something called a ‘non-recourse cash advance’. Although the term ‘loan’ is often used in the industry, lawsuit funding is not technically a loan at all.  Instead, plaintiffs “sell” a portion of the value of their case in exchange for immediate cash. This means that your eligibility to borrow against your lawsuit is based on the strength and value of that lawsuit. The higher your settlement is expected to be, the more cash you will likely be able to access today. With lawsuit borrowing, there are no credit checks and there is no income verification.  Approval may take as little as a single day. That being said, a lawsuit lending company will need some basic information from your attorney before it can proceed in reviewing your application for a settlement advance.  Do I Pay Any Out-of-Pocket Fees if I Borrow Money from a Pending Lawsuit? No. The most reputable lawsuit lenders do not charge any upfront fees or out-of-pocket costs. Since lawsuit loans are not technically loans, there aren’t any fees to process the cash advance. No Monthly Payments — You Only Pay if You Recover Financial Compensation When you are looking for the right lawsuit lending company, two of the most questions you need to ask are as follows:  Are there monthly payments? Do I have to repay anything if I lose my case? The answer to both questions should be ‘no’. Lawsuit funding is non-recourse funding. That being said, there should be no monthly payments and you should only be required to pay if you get a settlement or trial verdict.  Though there are no monthly payments, it is still important to consider your case. Make sure you find the lowest rate lawsuit funding. When your case is finally resolved, you will want to pay back as little as possible. Sadly, some lawsuit lending companies charge clients sky-high interest rates. There are better options available — Ally Lawsuit Loans guarantees the lowest rates in the entire industry.  What Are Your Interest Rates? Your interest rate depends on the nature of your case. We can beat other lending companies by offering interest rates that correlate to the strength of your case. In other words, the stronger your personal injury case is, the lower your interest rate is. Unlike other lawsuit loan companies, we keep the costs of borrowing money from a pending lawsuit low by not taking on every case. Instead, we take cases that have clear liability and severe injuries. More importantly, we don’t check your personal credit history, employment history, or income. We base your interest rate solely on the details of your case. What Types of Cases Do You Fund? At Ally Lawsuit Loans, we fund a full range of personal injury cases, including but not limited to: Automobile accidents;Bicycle accidents;Pedestrian accidents;Work injury claims;Workers’ compensation claims;Medical malpractice;Slip and falls;Nursing home neglect or abuse;Dog bites;Defective products;Defective medical devices;Dangerous drugs; andWrongful death. If you don’t see your case type listed above, you are probably still eligible to borrow money from a pending lawsuit. Please give us a call to discuss the details of your claim. How Long Does it Take to Receive My Loan? This depends on how quickly your lawyer or law firm sends us your case information. In many cases, you may qualify and receive your payment in as little as 24 hours. We can wire transfer the funds to your bank account, send a check, send funds through Western Union, and more. What Can I Use My Cash Advance to Pay For? If you borrow money from a pending lawsuit, you can use it on anything! Most borrowers use their pre-settlement funding to pay for medical bills, rent, utilities, groceries, legal fees, and other expenses. How Much Money Can I Borrow? The size of your offer depends on the value of your case. We have previously offered lawsuit loans from as little as $500 to as much as $750,000. Typically, we offer 10-20% of your expected settlement amount. Apply for Lawsuit Funding Today At Ally Lawsuit Loans, we are proud to provide the lowest cost pre-settlement lawsuit funding to plaintiffs across the country. If you are interested in borrowing money for your lawsuit, please do not hesitate to submit your application today. Give us a call at 844-545-6246 if you have any questions about our pre-settlement lawsuit funding. Our customer support team is here to answer any questions that you might have and to walk you through all aspects of the application process. 

Waiting for a lawsuit settlement can be stressful and frustrating. As the American Bar Association (ABA) explains, personal injury claims can take months or even years to reach a final resolution. Unfortunately, your bills are not going to wait that long. This is where a settlement advance offers an answer.  In the most simple terms, a settlement advance is a way to trade part of the future value of your lawsuit settlement or trial verdict for immediate cash funding. In other words, a settlement advance can be a cost-effective way for plaintiffs to get some much needed financial breathing room while they wait for the defendant or insurance company to take action.  Lawsuit Settlement Advances: Three Important Things You Need to Know Settlement Advance Funding is Not Technically A Loan You may hear a settlement advance referred to as a lawsuit cash advance loan, a personal injury lawsuit loan, or pre-settlement funding. Indeed, many different terms are used within the industry to describe the same thing. Notably, while a settlement advance is often called a “loan”, that is technically a misleading term. Pre-settlement funding is non-recourse funding. This means that you are not required to pay anything if your case never settles or you lose it in court. Instead of getting a loan, plaintiffs are “selling” a portion of their settlement for a cash advance.  Eligibility Depends on the Strength of Your Case  You are not automatically qualified for settlement funding. Eligibility for this type of cash advance will depend on the strength and total value of your legal case. To be clear, this means that your credit history is irrelevant. At Ally Lawsuit Loans, we do not do credit checks, nor do we require income verification or employment verification. Your financial circumstances will not block you from getting access to the cash advance that you need.  The Cost of Lawsuit Funding Matters Finally, it is important to remember that lawsuit funding is not free. While there are no monthly payments and you will owe nothing if you lose your case, you are selling a portion of your settlement. It is imperative that you look for a lawsuit lending company that offers affordable, fair rates. At Ally Lawsuit Loans, we are proud to provide plaintiffs with the lowest rate settlement advance funding— guaranteed. We lookout for the financial interests of our clients. Our team wants you to take only what you need to pay your bills and support your family while you wait for the settlement check.  Apply for a Lawsuit Settlement Advance Today At Ally Lawsuit Loans, we are committed to providing the lowest cost settlement advances to plaintiffs. If you are interested in obtaining a cash advance on a pending lawsuit, we are here to help. We encourage you to apply now— you may qualify in as little as 24 hours. Have specific questions? Our top- rated customer service team is standing by, ready to walk you through all of the steps of the application process. 

It can take a long time for a lawsuit to be resolved. You may have stacks of bills that need to be paid, but you may not be sure how much longer you will need to wait to get your settlement check. A lawsuit loan is a tool that provides a solution — it allows plaintiffs to get access to immediate funding while their case is still being processed. That being said, getting a lawsuit loan is not right for every plaintiff or for every situation. At Ally Lawsuit Loans, we are committed to offering plaintiffs the lowest interest rate lawsuit loans — guaranteed. We want to make sure that you are able to make the best decision for your own circumstances. No-pressure legal funding is available. Here, our team has put together a list of the pros and cons of applying for pre-settlement funding. What You Need to Know About Lawsuit Settlement Loans Pros: The Top Three Advantages of Obtaining a Lawsuit Loan A Cash Advance Can Tide You Over: First and foremost, the biggest advantage of getting a pre-settlement lawsuit loan is that you can get access to money now. If you are unable to cover your bills or you are in a particularly tight financial situation, a lawsuit cash advance offers an immediate solution. You will get the financial breathing room that you need. Your Attorney May Be Able to Get a Better Settlement: In some cases, a lawsuit loan can actually help plaintiffs obtain a better settlement offer. Without immediate financial pressure to settle your case, your attorney will have more time to build and present a strong, compelling case. Do not let an insurance company pressure you into accepting an unfair, low settlement. You Pay Nothing if You Lose: Finally, you can get no-risk legal funding. At Ally Lawsuit Loans, we offer our clients zero risk cash advances. If they do not win their case, they do not have to pay back the loan. End of story. For example, if you receive a car accident settlement loan from us, and then, for whatever reason, your attorney is unable to settle your case and recover compensation for you, you have no further obligation. You get to keep the money. Cons: Two Potential Disadvantages of Getting Lawsuit Funding There are Financial Costs: The primary drawback of getting a lawsuit loan is pretty simple: it costs money. Legal funding is not free. For this reason, you should never take a larger lawsuit loan than you actually need. You should also be sure to find a pre-settlement loan that offers the lowest fees and interest rate. As explained by Investopedia, the cost of interest will compound over time. You May Not Qualify: Another downside of applying for a loan is that your case may not actually qualify for funding. To get a lawsuit loan approved, there are some requirements that must be satisfied. Our legal lending specialists will work directly with your attorney to determine if you are eligible to receive a pre-settlement cash advance. We understand that it can be frustrating to go through the application process only to be denied in the end. Our team works hard to provide flexible funding solutions for plaintiffs. Apply for a Lawsuit Loan Today At Ally Lawsuit Loans, we always encourage our clients to request only what they need to pay their bills while they are awaiting their settlement or judgment. You can always come back to us and get a second lawsuit loan. To apply for legal funding, please do not hesitate to contact us today. We look forward to assisting you.

Anyone who has filed a legal claim or a lawsuit already knows that the process can be slow and frustrating. This presents some potential problems for plaintiffs: You may have bills that are due now, but your settlement could still be months away. Legal funding provides a solution. That being said, before you accept a cash advance, you need to know that you are working with the right company and that you are getting the right terms. At Ally Lawsuit Loans, we are proud to offer the lowest cost lawsuit cash advance — guaranteed. We want all current and prospective clients to have the information that they need to protect their financial interests. Here, we highlight the questions you should ask before taking out a lawsuit loan. Lawsuit Cash Advance Loans: Five Questions that You Need to Ask 1. Will I Be Required to Repay the Loan if I Lose My Case? Legal claims always come with some level of risk. There is simply no guarantee that you will win your case or get a settlement until you actually have that check in your hands. One of the first questions that you should ask a legal financing company is whether you will be required to repay the lawsuit cash advance if you lose your case. Plaintiffs can and should find a legal lending company that will offer you a truly risk-free cash advance. At Ally Lawsuit Loans, our clients only pay us back if they win their case. Otherwise, they keep their money and owe nothing. Period. 2. What Rates and Fees Do You Charge? Not all lawsuit lending companies charge the same rates. Before you accept a lawsuit cash advance, please make sure that you understand the fees and interest rates. As Investopedia explains, higher interest rates are better for the lender — not for the borrower. Be sure that you find the lawsuit loan company that offers you affordable financing. Low rates are available. We will get you the lowest interest rate lawsuit cash advance for your case. 3. Do You Require Monthly Payments? To better understand the arrangement, it is a good idea to ask the lawsuit loan company if monthly payments will be required. The answer should be ‘no’. If monthly payments are required, then you are not actually getting a no risk loan. As a general rule, you should look for a legal lending company that offers the following terms: No application fees;No monthly payments; No hidden fees;No hidden terms or conditions;No repayment until your claim is settled; andNo repayment if you lose your case. The entire point of a lawsuit cash advance is to help plaintiffs get more financial breathing room while their legal claim is still pending. The last thing you need is another monthly payment to worry about. 4. How Will You Determine My Eligibility? Of course, lawsuit loans are not available to everyone. In order to get approved for funding, you must have a viable legal case. When seeking a loan, you should inquire about the company’s specific eligibility standards. As an example, imagine that you suffered a serious injury in a slip and fall accident. You brought a personal injury claim against the negligent business and you are now awaiting settlement. You need to know exactly how the legal financing company will determine your pre-settlement personal injury loan eligibility. 5. What Steps Do I Need to Take to Get Funding? Finally, you should ask about the specific steps in the application process. With some lawsuit financing companies, there are many hoops to jump through. Fortunately, it does not always have to be that way. Transparency is important. It is best to look for a lawsuit loan company that will clearly explain the steps to you and that will work directly with you and your attorney. In general, your attorney will be required to provide some basic documentation before your cash advance will be approved. Apply for Cash Advance Lawsuit Funding Today At Ally Lawsuit Loans, we provide funding to plaintiffs pursuing the full range of legal cases — from personal injury claims and car accident lawsuits to work injury cases and wrongful termination lawsuits. If you are considering seeking a cash advance on lawsuit, we are here to help. You can apply for funding now through our website. Our top-rated customer support team is always standing by, ready to help you navigate the application process.

Serious injuries remain far too common in the United States. The National Highway Traffic Safety Administration (NHTSA) reports that nearly two million Americans are injured in car crashes every year. Many millions more are hurt in other types of accidents. Injured victims need the maximum available compensation to pay their bills and support their loved ones. Unfortunately, going through the legal claims process can be slow and frustrating. The good news is that there are immediate funding options available — with a lawsuit loan, you can get cash now in exchange for a portion of your future settlement. This raises an important question: How do you find the best lawsuit loan companies? At Ally Lawsuit Loans, we are committed to offering the best services in the industry. We want to make sure that you and your family have the full information that you need to shop for a lawsuit loan. Below, you will find a guide that explains the most important things that you need to know about finding the right pre-settlement lawsuit loan. Four Tips to Help You Shop for a Lawsuit Loan It is a sad reality, but there are some unscrupulous companies operating in the legal lending industry. By knowing how to shop for a lawsuit loan, you can avoid these firms and find a legal funding arrangement that is right for you and your family. When shopping for a pre-settlement cash advance, please be sure to keep the following four tips in mind: Understand the Costs: First and foremost, you need to understand the costs of obtaining legal funding. Similar to buying any other product or service, one of the keys to shopping is comparing costs. You do not want to pay more than is actually required. Look for the lowest rate lawsuit loan that you can find for a reputable company. Interests rates matter. The less you pay in interest, the better it will be for your bank account. Keep Your Attorney in the Loop: There are legal regulations in place that will generally prevent your lawyer from offering you a lawsuit loan. However, they can help you with the process of obtaining one. It is always best to keep your lawyer in the loop. When you apply for a loan, your attorney will need to provide some documents and records to the lending company. The faster this information is received, the sooner you will be able to get your funds. Ask About Fees and Terms: Unfortunately, some lawsuit loan companies use hidden fees and confusing terms to take advantage of their clients. When shopping for a lawsuit loan, it is strongly recommended that you ask about application fees, terms, and anything else that you might not fully understand. Knowledge is power. Trust Your Gut: One of the red flags to watch out for include representatives who simply will not give you straight answers to your question. You deserve a company that will always be honest and upfront with its clients. Applying for a lawsuit loan or requesting more detailed information from a lawsuit lending company does not require you to accept the deal. Until you have signed the paperwork, you can always walk away. If you are getting a bad feeling, for whatever reason, it is best to shop for a different pre-settlement funding company. Why Ally Lawsuit Loans is the Best Choice for Legal Funding Shopping for the best legal funding option is important. At the end of the process, we are confident that you will find that Ally Lawsuit Loans is the best choice for pre-settlement funding. Our company is a reliable and trustworthy legal lending firm. We believe in putting the needs and interests of our clients first. You deserve a company that treats you with compassion, honesty, and integrity. Among other things, we promise clients: The lowest rate lawsuit loan funding in the industry — guaranteed;Efficient processing, with money arriving in as little as one day; Clear, concise, and fair terms — no hidden fees, ever; andProfessional and attentive customer support services. We understand that shopping for and applying for lawsuit funding can be stressful, intimidating, and confusing. Ally Lawsuit Loans offers an accommodating, no pressure process to help you get the pre-settlement cash advance that you need. We will answer your questions, address your concerns, and make sure that you find the lawsuit loan that is truly best for your unique financial circumstances.   Apply for an Affordable Lawsuit Loan Today At Ally Lawsuit Loans, our legal funding team is proud to be a leader in the industry. We offer the lowest interest rate lawsuit loans to plaintiffs. To apply for legal funding, get in touch with our team today. If you have any questions or concerns about lawsuit loans, our legal funding specialists are standing by, ready to help.

Following a major accident, injured victims are often left dealing with stacks of medical bills and missed paychecks. These costs can be enormous — according to data provided by HealthCare.org, the average cost of a three-day hospital stay is approximately $30,000. Through a lawsuit, plaintiffs can recover financial compensation for their damages. Unfortunately, even if you have a very strong case, the legal claims process can be frustratingly slow. This is where a lawsuit funding company can make a difference. At Ally Lawsuit Loans, we pride ourselves on offering clients the best pre-settlement funding services. Our team wants to make sure that plaintiffs have all of the information that they need to best protect their financial interests. Here, we provide an overview of lawsuit lending companies. Lawsuit Funding Companies: Explained With lawsuit funding, plaintiffs “borrow” against a future legal settlement or legal judgment. While this type of funding is frequently referred to by the shorthand “lawsuit loan”, that term is actually a bit of a misnomer. Technically, lawsuit funding companies do not offer loans at all. Quite the contrary, lawsuit funding companies buy a portion of your future settlement in exchange for an immediate cash advance. It is important to distinguish this type of financing arrangement from a loan. A lawsuit funding company can only be paid through a portion of your settlement. If you lose your case, then you get to keep the proceeds of the ‘loan’, and you do not owe anything at all. If you win your case, then the legal funding company will be repaid out of part of your settlement. Settlement loan companies offer plaintiffs a chance to get immediate financial stability and security. In many cases, plaintiffs have a strong legal case, but insurance companies, knowing that they need the money to pay their bills now, will try to drag out the process to get them to agree to a quick, lowball settlement offer. With legal funding, you can give your attorney time to pursue the maximum financial compensation, while also having access to the money that you need to cover your expenses today. Three Qualities to Look For in a Lawsuit Funding Company Affordability   As a starting point, it is crucial that you find a lawsuit funding company that offers fair rates. At Ally Lawsuit Loans, we provide plaintiffs with access to the lowest-rate-legal funding — guaranteed. We want to make sure that as much money as possible stays in your pocket. We strongly encourage our clients to take only what they need to pay their bills until their case is settled. Affordable legal funding is our mission. Transparency Unfortunately, there are some unscrupulous lawsuit loan companies operating in the industry. It is not unheard for firms to provide funding that comes with hidden fees or disguised terms. When looking for the right lawsuit lending company, make sure you find one that is fully transparent. Your terms should be clear, concise, and well-explained.  Reliability Finally, plaintiffs should always look for a reliable lawsuit lending company. The entire point of a lawsuit loan is to get funding now. Look for a company that can help you navigate the application process and handle your documents in an efficient manner — this way, you will be able to get the full funding that you need to pay your bills, without any undue delay. What Types of Cases are Most Common for Legal Funding Companies Lawsuit lending companies can handle a wide range of different cases. Generally, our team provides funding to plaintiffs who have suffered financial damages and are awaiting a settlement or jury verdict. Specifically, some of the cases that lawsuit loan companies frequently handle include the following: Car accident claims;Truck accident lawsuits;Motorcycle accidents;Bicycle accidents;Pedestrian collisions;Product liability claims;Medical malpractice claims;Slip and fall accidents; Premises liability claims;General personal injury lawsuits; andEmployment & labor law claims.  We also provide lawsuit funding for workers’ compensation claims in nearly two dozen states across the country. However, due to state-specific regulations, legal funding cannot be offered for workers’ comp claim in some U.S. states. If you were injured at work and are interested in obtaining lawsuit funding, please check our list of states in which pre-settlement workers’ compensation loans are offered. Get Help From a Lawsuit Funding Company Today At Ally Lawsuit Loans, we are a professional lawsuit funding company that is committed to offering plaintiffs the lowest rates in the industry. Do you need a pre-settlement cash advance? Apply for lawsuit funding and qualify within as little as 24 hours. If you have any specific questions or concerns about lawsuit loans, please do not hesitate to reach out to our legal funding specialists today. We are more than happy to help.

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