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.

Pros and Cons of Lawsuit Loans

| Read Time: 3 minutes

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.

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Assault & Battery Lawsuit Funding and Settlement Loans

| Read Time: 3 minutes

Unfortunately, criminal assaults remain a serious problem. According to data collected and published by the Bureau of Justice Statistics (BJS), nearly three million Americans were victims of violent criminal acts in 2017 alone. An assault or battery can lead to very serious injuries. To cover medical bills, lost wages, and pain and suffering, injured victims have the right to file a lawsuit against all responsible parties — potentially including the criminal attacker and negligent property owners or businesses. Of course, any person who has filed a lawsuit knows well: the legal claims process can be slow. Even if you have a strong case, it can still take many months, possibly longer, to get the full financial compensation that you deserve. At the same time, your bills are not going to wait. This is where legal funding offers a solution. At Ally Lawsuit Loans, we provide the lowest cost assault lawsuit settlement loans — guaranteed. Assault and Battery Lawsuit: Settlements Assault and battery injury claims are notoriously complex. While a plaintiff has the right to bring a lawsuit against a criminal attacker, often that defendant will not have much, if any, money available. As such, these cases are often filed against other parties whose negligent conduct permitted or facilitated the attack — property owners, businesses, employers, security companies, school, etc. Injured victims deserve full and fair financial compensation for their damages. Depending on the specific circumstances of the case, a victim of assault or battery may be eligible to recover financial compensation for: Property damage or property loss; Emergency room treatment;Other medical bills or health care expenses; Physical therapy; Rehabilitative care;Lost wages; Diminished earning potential;Pain and suffering;Mental distress;Scarring/disfigurement;Permanent disability; andWrongful death of a family member. Building a Case Takes Time — Pre-Settlement Funding Offers Immediate Support It takes some time to prepare an effective personal injury lawsuit. As explained by the American Bar Association (ABA), the length of the personal injury claims can vary widely. Though, the ABA notes that it typically takes between takes somewhere between three months and three years to resolve a case. The more complicated the case and the more severe the victim’s injuries, the longer it usually takes to reach a settlement. If you suffered severe injuries as a result of an assault or a battery, waiting for a settlement may cause you tremendous financial hardship. Often, injured victims have stacks of medical bills and they may also be forced to miss time at work. It is no surprise that it is easy for victims to fall behind on mortgage payments, other bills, and their day-to-day expenses. Unfortunately, defendants and insurance companies will use this pressure as a tactic. They know the plaintiffs want to speed up the claims process. They will try to get you to accept a lowball, unfair settlement. A lawsuit loan can give you the financial breathing room that you need to let your lawyer build a winning case. Why Choose Ally Lawsuit Loans for Personal Injury Funding Not every legal financing company is reliable. Sadly, some firms offer clients funding that comes with exorbitant fees or with hidden terms. Ally Lawsuit Loans is different. We are committed to efficiency, fairness, and client service. Our legal funding team makes the following promises to our clients: Lowest rate lawsuit funding in the industry — 100 percent guarantee;A truly transparent process, free from any hidden terms and conditions;Approval of your loan in as little as one day; andFriendly, helpful, compassionate customer support services. If you are considering applying for a lawsuit loan for your assault claim or negligent security lawsuit, we are available to provide support and answer your questions. Our team of top-rated customer support advocates will work with you through every step of the application process. We are here to assist you in finding a legal funding solution that works best for you and your family. Apply for an Assault & Battery Lawsuit Loan Now At Ally Lawsuit Loans, we are proud to be the plaintiffs’ preferred legal funding company. If you or a member of your family was the victim of assault or battery, and you are waiting for a financial settlement, we are here to help you get cash right away. To apply for a lawsuit loan, please fill out our contact form today. If you have any questions about our services or your financial options, we encourage you to give us a call. We have the answers.

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

| Read Time: 3 minutes

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; 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.

Read More