Articles & FAQ

structured settlement loan

In the simplest terms, a structured settlement is a series of periodic payments paid out by the defendant or its insurance company in order to resolve a legal claim. In some circumstances, a plaintiff may prefer a structured settlement over a lump sum settlement. However, for a number of different reasons, a structured settlement may prove to be inadequate to cover a person’s current expenses — you may need cash now. Fortunately, if you have a structured settlement, there are affordable options available to get a cash advance. You can sell a portion of your future payments to get money right now. This is often referred to as a structured settlement loan. At Ally Lawsuit Loans, we offer the lowest rate structured settlement loans for plaintiffs in the entire industry. If you need a cash advance on your structured settlement, our funding specialists are standing by, ready to help.  What You Need to Know About Structured Settlement Loans You should know that the term structured settlement loan is a bit of a misnomer. In reality, this type of financial arrangement is not a ‘loan’ at all. Instead, it refers to an agreement whereby you sell a portion (or all) of your future payments in exchange for an immediate cash advance. For example, imagine that you have a structured settlement that pays $10,000 once per year, for the next ten years. Should you need an immediate cash advance, you would have the option to sell some of those future payments in exchange for cash today. Depending on the circumstances, there are a number of different benefits to obtaining a structured settlement loan. With a structured settlement loan, you can pay off medical bills, take care of your rent or mortgage obligations, or handle other day-to-day expenses. The bottom line: If you are in a tight financial position or if you have debt that you want to pay off, loans for structured settlements are a sensible and affordable option. Of course, you need to be sure that you are working with a reputable company. It is crucial that you get the lowest rate and that you avoid any hidden terms or undisclosed fees. Unfortunately, there are some unscrupulous companies in the industry. You deserve better. Whether you a seeking a structured settlement loan, a car accident lawsuit loan, or any other type of pre-settlement funding or post settlement funding, look for a trustworthy provider. Structured Settlement Loans are Flexible You may be wondering what type of structured settlement loan is available. At Ally Lawsuit Loans, we recommended that our clients take only what they need to pay their bills and live comfortably. This is why we are committed to offering flexible financing options. Whether you want a cash advance on the full amount of your structured settlement or you want to get a minor advance on a relatively small portion of your settlement to cover some bills, our team has financing options.  Why Choose Ally Lawsuit Loans Are you ready to apply for a structured settlement loan? If so, our funding specialists are here for you. At Ally Lawsuit Loans, we make qualifying for structured settlement funding easier than it has ever been before. Among other things, our company is committed to providing our clients: The lowest rate lawsuit loan funding — guaranteed;A fair, transparent, and understandable application process;Quick access to your cash advance; andRound-the-clock customer support services. Applying for a lawsuit loan can be confusing, even stressful. Our structured settlement funding professionals are here to answer your questions and help you find the best available solution. With Ally Lawsuit Loans, getting an affordable cash advance on your structured settlement has never been more simple. Apply for a Structured Settlement Loan Today At Ally Lawsuit Loans, we offer the lowest rate structured settlement loans. Our lawsuit funding specialists have made it easier than ever to apply for a structured settlement loan. If you or your loved one is waiting on a lawsuit settlement, our team is here to guide you through the process. To find out more about what we can do for you, please contact us today or apply now.

lawsuit loans without an attorney

Following a major accident, injured victims deserve full and fair financial compensation. You need to be able to pay your medical bills, cover your day-to-day living expenses, and provide economic support to your family. Unfortunately, even if you have a winning legal case, the personal injury claims process can be frustratingly slow. Your attorney needs time to build a strong case, but your bills are likely already piling up right now. The good news is that with a lawsuit loan, you can get access to a portion of the funds from their settlement today. If you are considering applying, you should know that, with very few exceptions, you cannot obtain a lawsuit loan without an attorney. Further, you also cannot get a lawsuit loan directly through your lawyer. You need a lawyer who can handle your case and a reliable lawsuit lending company that can provide you access to affordable funding. At Ally Lawsuit Loans, our pre-settlement funding specialists will work directly with your lawyer to help you get access to immediate funding at the lowest rate in the industry. You Must Have an Attorney to Get a Lawsuit Loan In order to obtain a pre-settlement personal injury loan, you must be represented by an attorney. Not only is legal representation typically required by lawsuit funding companies, but your attorney will actually be involved in your application to receive legal funding. As a general matter, your attorney must submit some important information about your case to our company for processing. In addition, your attorney will usually need to sign a few documents to get your loan approved. It is worth mentioning that the term ‘lawsuit loan’ is a bit of a misnomer. At Ally Lawsuit Loans, we are not truly lending our clients any money at all. Instead, we give them money today in exchange for a small percentage of their settlement in the future. We do this at no risk to you. In other words, if you lose your case, you do not have to pay us back. Our rates only apply if you actually obtain a settlement. This is why we need to work with your attorney to discuss some of the specific details regarding your case. How to Qualify for a Lawsuit Loan As was mentioned, you will need to start by hiring an attorney. We typically can only offer you a lawsuit loan if you have professional legal representation. From there, your eligibility for pre-settlement funding will depend entirely on the strength and value of your legal case. The stronger your claim, the more likely you are to qualify for a lawsuit loan. Beyond that, the higher the expected value of your case, the more cash we will be able to offer you upfront. To be clear, this means that we do not factor in your credit score, your employment history, or your current financial status. At Ally Lawsuit Loans, we will never charge upfront, out-of-pocket fees. In addition, we do not even need to run a credit check at all. Instead, we will work with your personal injury attorney to assess your case and help you find the best available option to get an immediate cash advance on your future settlement offer. Our team will work with you to find the best solution. Why You Should Choose Ally Lawsuit Loans Pre-settlement funding is available to help you when your attorney cannot. Under rules promulgated by the American Bar Association (ABA), personal injury lawyers are not in a position to offer lawsuit loans to their clients. Indeed, they are generally barred from giving their clients money to handle their bills. This is where our company can help. At Ally Lawsuit Loans, we will work directly with your legal representative to ensure that you get access to the money that you need while your case makes its way through the system. We are committed to offering clients: The lowest rate lawsuit loans — guaranteed;An easy, efficient application process; Access to your funds in as little as one day; andFriendly, helpful, 24/7 customer support services. Preparing an application for a lawsuit loan can be confusing, stressful, and even overwhelming. Our team is here to remove the burden and stress. Regardless of the specific nature of your case, we will work with you to find the best available lawsuit loan funding solution. If you need money now, let us help. Apply for a Lawsuit Loan Today At Ally Lawsuit Loans, we understand that the personal injury claims process is often slow and frustrating. Our lawsuit loan specialists are here to help relieve the financial burden on your family. We will get you the lowest rate structured settlement — guaranteed. To apply for a lawsuit loan now, please contact our team right away.

pre settlement lawsuit funding

At Ally Lawsuit Loans, we are committed to offering plaintiffs better, faster, and more affordable pre-settlement funding. If you are waiting for your personal injury settlement, your workers’ compensation payments, or the resolution of any other lawsuit, we have immediate pre-settlement lawsuit funding options available. Here, our lawsuit funding specialists answer some of the frequently asked questions we receive about pre-settlement lawsuit financing.   PRE-SETTLEMENT FUNDING FAQ Will I Be Able to Qualify for Lawsuit Funding? Your eligibility for a pre-settlement lawsuit loan will depend on a number of different factors; most notably, the value of your legal case and the likelihood that liability will be established. The more likely you are to win your case, the more likely your lawsuit loan application will be approved. To be clear, your credit score and your personal financial situation do not matter. They will not be considered. Further, our company will not deny settlement funding because of debts that are unrelated to your case or other adverse financial information in your past. Every application for lawsuit funding will be reviewed and assessed on a case-by-case basis. If you were injured in an accident and you are bringing a claim against another party, there is a good chance that you will qualify for some level of pre-settlement funding. Return to top ↑ How Long Does it Take to Get Funding? Our team is committed to helping clients get lawsuit loans as fast as possible. When approved, you will receive your lawsuit funds in as little as 24 hours. PRE-SETTLEMENT FUNDING FAQ How long will it actually take to get approval? The length of time will vary based on several different factors. In general, the most important variable is how long it takes us to get all of the relevant documents and records from your personal injury attorney. The faster your attorney can supply our company with the information that we need, the sooner you will get your pre-settlement lawsuit loan. This means that you can expedite the process by working with your lawyer to get us the information more quickly. Return to top ↑ OUR LOWEST RATES: SETTLEMENT FUNDING Find Out Why Ally Lawsuit Loans Offers the Best Rates in the Industry 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 funding. Click here to read about Ally Lawsuits rates Will My Personal Injury Attorney Be Involved? Yes. Your personal injury lawyer will be directly involved in obtaining this loan. Not only will your lawyer need to submit some key information to our company, but your legal representative will also likely be required to sign a document called an ‘Acknowledgement by Counsel’ form that ensures that you fully understand the terms of the lawsuit funding agreement. We strongly recommend that you consult with your lawyer before signing any agreement with any lawsuit funding company. Return to top ↑ PRE-SETTLEMENT FUNDING FAQ How Much Funding Will I Receive? How much money you will be eligible to receive in pre-settlement funding depends entirely on the severity of your injuries and the strength of your legal case. As a broad rule, settlement funding companies will offer lawsuit funding that is worth somewhere between ten and twenty percent of the value of the underlying cause. That being said, regardless of how much you are qualified to receive, we strongly recommend that you only take what you actually need. Lawsuit funding is not free. While Ally Lawsuit Loans offers funding at the lowest interest rate — 100 percent guaranteed — we do not want you to pay any more than is necessary. We simply want you to get the funds that you need to pay your medical bills, cover your living expenses, and support your family while you await your settlement. Return to top ↑ PRE-SETTLEMENT FUNDING FAQ What are Your Pre-Settlement Loan Rates? Pre-settlement lawsuit funding can be complicated. Unfortunately, there are some companies that offer this type of funding at high rates or with hidden fees. We are committed to providing plaintiffs with pre-settlement lawsuit funding at the lowest interest rate. The specific rate will always vary depending on the nature of your case. The stronger the underlying cause, the lower the financial risk for our company. We pass those savings on to our clients. That is what separates us from other companies. If you were seriously injured and you have a very strong personal injury case, we can offer you a lower interest rate. Remember, interest rate matters. As noted by Investopedia, compound interest can add up quickly. Return to top ↑ What Happens If I Lose My Case? Unless your case has already been settled and you are simply waiting for the insurance company to process the check — meaning you might need post-settlement funding — there is some level of risk involved with bringing a legal claim. If you are considering applying for lawsuit funding, you may be concerned that you will get stuck with the bill if you do not win your case. Do not worry. At Ally Lawsuit Loans, we offer clients risk-free funding. A lawsuit settlement loan is what is known as a non-recourse loan. As explained by the Internal Revenue Service (IRS), non-recourse debt is one that does not grant the lender the right “to pursue anything other than the collateral.” In other words, when we offer to fund, we are purchasing a percentage of your future value in your case. If that case turns out not to be worth anything — because the case was lost — then you do not have to pay back anything. No strings attached. Return to top ↑ How Do I Choose a Lawsuit Funding Company? Picking the right legal financing company can be challenging. There is a seemingly never-ending list of options available. You need to find a reliable lawsuit funding company that will provide pre-settlement loans at the lowest rates and under fair terms. At […]

slip and fall lawsuit loans

Accidents happen all the time and can happen anytime and result in a major injury. Slip and falls are no exception to this and can compile a heavy amount of medical bills. Therefore, as you go after a slip and fall lawsuit you will still need to pay the medical bills along the way. That’s why it’s important to go after a slip and fall lawsuit loan so you can be covered. Slip and falls are among the most common types of accidents reported in the United States. In fact, the National Floor Safety Institute (NFSI) published findings indicating that more than one million Americans seek emergency medical attention for slip and fall accident injuries each year.  In our latest article, we explain below how the process of getting qualified for a slip and fall lawsuit loan as you work towards the settlement. If you were injured in a slip and fall accident that happened because of the negligence of a business or a property owner, you may be entitled to recover financial compensation through a lawsuit. Unfortunately, even if you have a winning case, it can take quite a long time to get a slip and fall accident settlement.  At Ally Lawsuit Loans, we provide plaintiffs with the lowest cost slip and fall pre-settlement funding. If your bills are starting to pile up while you are awaiting a slip and fall accident settlement, there are options available. Please contact our team at (213) 607-3399 or apply now to learn more about your eligibility for immediate funding for your injury claim. How Much Can You Get for a Slip and Fall Settlement? In most slip and fall cases, you can seek 100% of your medical expenses. This includes: Doctor visits,Surgery,Nights in the hospital,Prescriptions,Emergency transportation,Rehabilitation, orEquipment for treatment/recovery. Since every slip and fall injury involves different types of injuries, the amount you get from a settlement depends on the severity of your injury. For example, traumatic brain injuries (TBIs) and spinal injuries often result in a higher settlement than sprained ankles. In addition, plaintiffs who have injuries that require lifelong medical care may receive even more compensation for future medical costs. A slip and fall attorney can help you estimate future medical treatment costs for your injuries. Make sure you hold on to medical bills and receipts to show as evidence of your medical expenses. If you encounter financial trouble due to your medical costs while filing a claim, consider applying for slip and fall lawsuit funding. In some cases, you might be able to recover additional damages for less tangible harm, including: Emotional distress,Disfigurement,Reduced quality of life, orPain and suffering. Since it’s harder to put a price tag on these damages, we suggest that you consult an experienced slip and fall lawyer. Generally, the more severe your injury is, the more you could receive in non-economic damages. For example, if your injury causes any permanent damage like paralyzation, your damages could be several times larger than your medical bills. How Do You Win a Slip and Fall Settlement? To win a slip and fall case, you must prove the following: The owner, occupier, or another party in charge of the premises had a duty to ensure your safety;The person or entity breached this duty;The breach of duty directly caused your accident and injuries; andYou suffered losses due to your injuries on the premises. To prove the other party’s liability in a slip and fall case, we strongly recommend you hire a lawyer who works on a contingency fee basis. Without an attorney, your chances of receiving a good settlement go down. Having an attorney also qualifies you for slip and fall lawsuit loans, which help pay for bills, groceries, and other expenses while you wait for your settlement.  When you slip and fall on private business property or residential space, the owner usually attempts to place fault on the plaintiff. This defensive strategy causes litigation to last for months or even years. Sometimes, they might offer a smaller settlement hoping that a financially desperate plaintiff takes the bait. With slip and fall lawsuit funding, you can pay for living expenses, medical bills, legal fees, and more, giving your lawyer extra time to fight for a higher settlement. Why Work With Ally Lawsuit Loans for Slip and Fall Funding Pre-settlement slip and fall funding — also sometimes called a ‘slip and fall lawsuit loan’ — is not technically a loan at all. Like other types of pre-settlement personal injury funding, it is non-recourse funding. That means that there are no associated monthly payments and that you only have to repay the ‘loan’ if you receive a settlement or a verdict. If your slip and fall accident case is not successful, you keep the money and have no further obligations. The legal funding company accepts the risks.  While pre-settlement funding offers immediate access to financial support, it is crucial that you choose the right lawsuit lending company for your premises liability claim. Check Out Some Of the Recent Reviews From Around the Web Sadly, there are firms out there that charge exorbitant interest rates or attach hidden fees to cash advances. Our company is different. At Ally Lawsuit Loans, we are proud to be the most trusted lending funding company. Among other things, our team:  Offers plaintiffs the lowest interest rates in the industry — 100 percent guaranteed;Commits to using fair and transparent application process; Provides all clients with attentive and fully personalized customer support services; Can issue pre-settlement slip and fall funding in as little as 24 hours; andGuarantees that you repay $0 if your case does not settle or you lose.  We know that lawsuit loans are complicated. You may have questions about your eligibility, the application process, how much you should take out, or other related issues. Our slip and fall lending specialists are standing by, ready to get you the information and answers that you deserve. Get the cash that you need without all of the hassles.  Apply for Slip and Fall […]