Lawsuit Cash Funding: What Are the Right Questions to Ask?

lawsuit cash advance

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 the National Endowment for Financial Education (NEFE) 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; and
  • No 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.

Lawsuit Loans in Phoenix, Arizona

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Are your bills starting to pile up while you wait for a personal injury settlement? Do you feel like the insurance company is trying to wear you down so that you’ll accept a lower settlement than you deserve? Unfortunately, this situation is all too common. Personal injury settlements can take a long time in Arizona, but you don’t have to live with the financial uncertainty brought on by this timeline. Ally Lawsuit Loans offers lawsuit loans in Arizona, so you can pay your bills and live comfortably while awaiting your settlement. Laws and Regulations Concerning Presettlement Funding in Arizona Different laws apply to your lawsuit depending on the circumstances surrounding your injuries. If you were injured in a car accident, it is important to discuss Arizona’s minimum insurance policy limits and fault laws. If you were injured while on the job, you’ll need to talk to your attorney about workers’ compensation. Below is some basic information about Arizona’s personal injury laws and regulations, and how they apply to your lawsuit loan in Arizona. Fault Laws Arizona follows a pure comparative fault model, meaning an injured party can almost always recover damages, even if they were partially at fault in the accident. However, your settlement may be reduced by the percentage you are determined to be at fault. This law applies to car crashes and other accidents that cause injuries in Arizona. Ally Lawsuit Loans is able to keep interest rates low and offer our clients the money they need by only approving loans on lawsuits with clear liability and serious injuries. Your chances of being approved for a loan with us are better if you are able to prove your lack of fault in your accident. Statute of Limitations The statute of limitations to file an insurance claim on a personal injury suit in Arizona is two years. More often than not, this means that the plaintiff is no longer eligible to file a settlement claim after two years post-accident. This timeline might be adjusted if a hidden injury, which is undeniably attributable to the accident, is found. In this case, the two-year limitation begins on the date of diagnosis.  You must be working with an attorney on your lawsuit before you can apply for a lawsuit loan in Arizona with Ally. It is important to file your claim within the statute of limitations period so you can apply for presettlement funding when you need it most.  Insurance Information Each state has insurance minimum policy limits. You should discuss your anticipated claims with your attorney, as you might be dealing directly with the defendant if your claim exceeds any of Arizona’s minimum policy limits, including: $15,000 bodily injury liability per person; $30,000 bodily injury liability per accident; and$10,000 property damage liability per accident. Understanding these insurance limits is helpful when filing your personal injury lawsuit in Arizona. Cases Ally Can Provide Funding For Ally provides plaintiffs in a variety of lawsuit types with presettlement funding in Arizona. These lawsuit cases include: Personal injury,Car accidents,Assault and battery,Hit and runs,Medical malpractice,Product liability,Unpaid overtime,Wrongful termination, and Workers’ compensation. If you are not sure if your case type is eligible for an Arizona lawsuit loan with Ally, contact our expert customer service representatives at 844-760-0244. How to Get Quickly Qualified  The Arizona lawsuit loan application process at Ally is straightforward and transparent. You will provide us with some basic information about your lawsuit and give us the contact information for your attorney. We will take over the application process from there and discuss your case in detail with your lawyer. Our team will determine if you are eligible for a loan with us, and we will let you know in as little as 24 hours. Once you are approved for a loan with us, we can send you a check, deposit money straight into your bank account, or even use Western Union.  We have offered our clients anywhere from $500 to $750,000 in presettlement funding, but we recommend you take only the money that you need. There is no limit to how many lawsuit loans you can take out in Arizona, so you can apply for another one if you need it later.  All of Ally’s advance loans on personal injury settlements are non-recourse, meaning that you don’t pay us back for your loan unless you win your settlement.  Contact us to get started on your application. Why Choose Ally Lawsuit Loans? Filing a lawsuit is difficult enough without the burden of financial stress. Ally Lawsuit Loans takes the complications out of legal funding by providing non-recourse cash advances for personal injury lawsuits in Arizona. You can be approved for a loan in as little as 24 hours, and you are free to use the money however best suits you. Once you receive your settlement, Ally Lawsuit Loans will take a percentage of the cash to repay your loan. Our interest rates vary based on your case details, but we can guarantee that the rate will be the lowest in the industry.  The bottom line: we provide financial security when you need it most. Contact our customer service experts to discuss your case and start your lawsuit loan application today.

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Police Brutality Lawsuit Funding

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The news is full of police brutality reports. Regardless of the reasoning behind a police officer’s decision to abuse their power, police brutality victims often have grounds to file a lawsuit.  Police departments tend to draw these out unnecessarily; they don’t want to admit fault by agreeing to a settlement. This process can be frustrating and extremely costly for the plaintiffs involved in police brutality lawsuits. Ally Lawsuit Loans can help. If you are in the middle of a police brutality lawsuit that is draining your bank account, you might be eligible for a cash advance on your police brutality lawsuit settlement.  How Long Will it Take to Settle? Unfortunately, police brutality cases can take years to settle. This is partly because most police departments are self-insured, meaning they have large amounts of money to fund police brutality lawsuits. This increases the time it takes to settle a police brutality case, and often the plaintiff cannot outlast the department financially. After all, plaintiffs are regular people with everyday bills to pay; they can’t devote their entire paycheck to fighting for a police brutality settlement. That’s where Ally Lawsuit Loans comes in. We offer non-recourse cash advances on your police brutality lawsuit settlement. We have approved loans as low as $500 and as high as $750,000. You can also apply for a second or even third loan if your lawsuit continues to drag out. Ally Lawsuit Loans is committed to helping you remain financially stable so you can focus on winning the settlement you deserve. How Much is My Police Brutality Case Worth? The dollar amount attached to a police brutality lawsuit settlement depends on each case’s unique circumstances. Some of the factors considered in a police brutality settlement are: Injuries sustained by the plaintiff: were you physically injured, emotionally injured, or both?Evidence: did witnesses give statements? Did someone take a video or pictures of the incident? Does the police report confirm your account of what happened?Aggravation: did the plaintiff do something to provoke the police officer further?Misconduct: was the plaintiff doing something illegal?Motive: was the police officer’s assault prompted by racial or gendered prejudices? These factors also determine your eligibility for an advance loan on your settlement. We will analyze your case details when reviewing your application and determining how much money we can lend you. Once your case is settled, we will take a part of the funds to repay the loan. All our loans are non-recourse, meaning that you owe us nothing if you don’t win your police brutality settlement. How to Begin the Loan Application Process Ally Lawsuit Loans’ application process is transparent and quick. Simply fill out the application on our website and provide your attorney’s contact information. We will determine your eligibility for a police brutality settlement loan in as little as 24 hours.  Because of each police brutality case’s unique nature, it is helpful to provide the following information when applying for a loan with us: Evidence proving your innocence (photos, videos, statements, police reports, etc.);The official complaint from your lawsuit;Medical records, if you sustained injuries; andInsurance information. If you have questions about our application process or are unsure if your case qualifies for a loan, call our expert customer service team at 844-572-2966.  How Ally Can Help The last thing you need to worry about when fighting a police brutality lawsuit is money. Ally Lawsuit Loans can help you shoulder this burden with a non-recourse cash advance on your police brutality lawsuit settlement. Our loans are risk-free, meaning you owe us nothing if you don’t win your settlement case. Our customer service team is committed to providing an excellent experience for our clients, and we guarantee the lowest possible interest rates in the industry.  Contact us today to get started on your advance loan on your police brutality settlement. 

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Personal Injury Lawsuit Loans in Michigan

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You are likely working with an attorney to file a lawsuit if someone else caused you to sustain injuries in an accident. With personal injury lawsuits come challenges, including financial uncertainty. If you find yourself struggling financially amid a personal injury lawsuit, you should consider applying for a Michigan lawsuit loan.  Michigan Car Accident Statistics Fatal car crashes in Michigan are decreasing; the Michigan State Patrol reported less than 1,000 car accident fatalities in both 2018 and 2017. However, in 2018, there were 312,798 total car crashes in Michigan, resulting in 75,838 injured individuals. Further, 60% of these crashes involved more than one vehicle.  When multiple people are involved in an accident, it can take some time to prove an at-fault party through a lawsuit. Meanwhile, victims might incur medical expenses and be unable to work due to their injuries. This makes paying monthly bills difficult. Ally Lawsuit Loans is ready to help should you find yourself in this position because we can approve a pre-lawsuit loan in as little as 24 hours. Legal Funding Cheat Sheet The loans offered by Ally Lawsuit Loans are actually not loans at all. They are non-recourse cash advances, meaning that you don’t pay us back unless you win your lawsuit. For this reason, your eligibility for a Michigan lawsuit loan depends entirely on merit. We don’t do a credit check, but instead, analyze your case details provided by you and your attorney.  Lawsuit Laws and Regulations in Michigan If you were injured in a car accident, remember that Michigan operates under a modified comparative fault system. Under this system, the percentage that one is at fault is considered in personal injury lawsuits. As long as the injured plaintiff is at less than 50% fault in the accident, they can collect damages from the at-fault parties. It is essential to discuss your responsibility in your accident with your attorney before applying for a pre-settlement loan, as this can determine your eligibility for a loan.  Minimum insurance policy limits are also worth discussing with your attorney. In Michigan, the minimum insurance policy limits include: $20,000 in bodily injury liability per person;$40,000 in bodily injury liability per accident;$10,000 in property damage liability per accident; and$1 million in property protection. The statute of limitations on personal injury claims in Michigan is three years, meaning that you typically must file a lawsuit within three years of the accident. However, when an injury is not diagnosed until later and can undeniably be attributed to the accident, the filing period may begin on your diagnosis date. How to Get Qualified The Michigan lawsuit loan application process at Ally Lawsuit Loans is straightforward and transparent. Begin the process by filling out the application on our website and providing us with some basic information about your lawsuit and your attorney’s contact details;We then contact your attorney to discuss your case in greater detail; andWe will determine your eligibility for a loan in as little as 24 hours, and we will send you your money. We can send you a check, deposit the money via a wire transfer, or even use Western Union. Contact us to get started on your application. Why Choose Ally Lawsuit Loans? Filing a lawsuit is difficult enough without the burden of financial stress. Ally Lawsuit Loans takes the complications out of legal funding by providing non-recourse cash advances for personal injury lawsuits in Michigan. You can be approved for a loan in as little as 24 hours, and you are free to use the money however best suits you. Once you receive your settlement, Ally Lawsuit Loans will take a percentage of the cash to repay your loan. Our interest rates vary based on your case details, but we can guarantee that the rate will be the lowest in the industry.  The bottom line: we provide financial security when you need it most. Contact our customer service experts to discuss your case and start your lawsuit loan application today.

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