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.
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.
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.