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.

pre settlement loans without a lawyer

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; and
  • Friendly, 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.

Is a Lawsuit Loan Actually a Loan?

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No. What we offer is a non-recourse cash advance against your potential lawsuit settlement. Non-recourse means that if you "lose" your lawsuit, and you don't get a settlement, you have no obligation to repay us. This is the key difference between what we offer and what is traditionally thought of as a loan. Because repayment is not required if you lose your case, a non-recourse cash advance is typically considered by our clients to be far more appealing than a loan. We use the language "lawsuit loan" – as do most all companies like ours – because a non-recourse cash advance is a relatively new type of financing that not many people are familiar with. We know from market research that when folks are looking for what we offer – a cash advance on a pending lawsuit settlement – they most often think of it as a loan, and so that's what they search for. We want to make sure that these folks can find what they are looking for, which is why we often refer to what we provide as "lawsuit loans". Have more questions about what we do? Don't hesitate to reach out.

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Settlement Checks: How Long Can a Lawyer Hold Money in Escrow?

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Litigation can last for months or years, so you probably felt excitement when you finally reached a settlement. However, your settlement award may be harder to access than you imagined. For instance, some lawyers hold your settlement check for months, delaying your access to the cash you need. The settlement check process is one more hurdle you must overcome in resolving your claim. So how long can a lawyer hold money in escrow? We give you an overview of the settlement check process here. Four Steps to Getting a Settlement Check To get your settlement check, you must resolve these four matters. Signed Release Forms When you reach your settlement, you must sign a release form. This form is a legal document that states you will not pursue further legal action on the same claim. Expect to sign a release form for each defendant in your claim. Your lawyer will carefully review the terms of the release form before you sign, and you can request modifications if necessary. Delayed Payment State law should give the defendant a timeline for paying the settlement. Some defendants wait until the last moment allowed by state law to pay your settlement, causing delays in receiving the money you’re owed. Check Clearance When the defendant pays your settlement, the money goes to your lawyer, who holds it in an escrow account. The check may take up to a week to clear, and then the funds are available to pay debts. Once the check clears, your lawyer takes their fee from the funds and next pays other liens and lawsuit-related bills. Settlement Lien Payment During your lawsuit, parties may have placed liens on your settlement. A lien gives someone else the right to your property to pay a debt. For example, if you have unpaid medical bills, the hospital or doctor may place a lien on your settlement. Your lawyer will also use your settlement funds to pay expenses related to litigating your case, including: Expert witness fees,Private investigator fees, andMedical examinations.  Your lawyer can quickly pay most liens on your account once settlement funds are available. However, government liens, such as those from Medicaid, can take longer to resolve. After your money moves through these four steps in the settlement check process, your lawyer sends the remaining balance to you. Unfortunately, delays at each step can cause you to wait weeks or even months for access to your settlement funds.  Access Settlement Funds Faster If you need access to your settlement check sooner, Ally Lawsuit Loans can help. Ally Lawsuit Loans offers cash advances on your lawsuit settlement. You pay back the cash advance when you receive your settlement.  Here are some things you should know about Ally Lawsuit Loans: We offer the lowest rate guarantee in the industry; You pay nothing back if you lose your case; and You can qualify for a lawsuit loan within 24 hours. To find out more about getting a lawsuit loan or to start your application, contact Ally Lawsuit Loans. You shouldn’t have to stress while you wait for the slow settlement check process, so we’re here to make the wait easier.

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How Much Is Your Slip and Fall Claim Worth?

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A slip and fall injury may seem like a relatively minor injury to some. However, if you have a slip and fall, you know that this isn’t always the case. Slip and fall injuries come in just about every form. Traumatic brain injury (TBI), paralysis, whiplash, and broken bones are just a few possible slip and fall injuries. Such injuries can be quite costly. According to the CDC, unintentional injuries cost Americans more than $450 billion per year in medical and work loss costs. Of those costs, more than one-third are from fall-related injuries. That means that fall-related injuries cost Americans about $150 billion per year. No metric would consider that amount insignificant. Lawsuit Loans Help While the Legal Process Runs Its Course If you have a slip and fall injury caused by someone else’s negligence, you are entitled to recover damages. If you’re reading this, you likely plan on hiring a lawyer to file a lawsuit or have already done so. Settlements don’t happen overnight, but medical bills come quickly, and life won’t wait for your settlement payment.  If you’re filing a lawsuit and need financial assistance while you wait for your case to settle, a lawsuit loan is an excellent option. Ally Lawsuit Loans is an industry leader in pre-settlement funding. If you’re considering pre-settlement funding, you will want to know how much you should borrow. A good way to answer that question is to ask about typical slip and fall cases’ payouts. While each lawsuit is different, a few factors can help you estimate what your slip and fall claim is worth. Estimating the Worth of a Slip and Fall Claim To get a general idea of what your slip and fall claim is worth, the most important things to consider are the severity and type of injuries and damages. Generally, the more severe your injuries, the more your claim is worth. More costs bring a higher settlement. To illustrate what this may look like in practice, consider two hypothetical examples. Example One In the first example, consider you have a severe slip and fall accident. You hit your head, suffering a concussion, and break your ankle while falling. An ambulance takes you to the hospital. There, your ankle requires surgery and a three-day stay to monitor your potential brain injury. You miss work during that time. Once your hospital stay finishes, you can’t work for a month as you recover from your surgery. Furthermore, you need physical therapy for a few months to fully heal. Luckily, the concussion does not leave long-term effects. However, you see a brain injury specialist a couple of times to ensure that more serious problems are not lurking below the surface. Example Two Now, consider a less severe slip and fall accident. In this case, you slip on a wet spot at the supermarket and fracture your wrist. Your spouse drives you to your physician the next day so you can get an x-ray. You find out that you will need to wear a cast for a few weeks. You have to miss work during that time, but otherwise, you fully recover. Comparison These two examples are drastically different. As such, the settlement of their clams will also be drastically different. The first example requires surgery, emergency transport, a hospital stay, continuing care, and medical specialists. Such costs add up very quickly, so to fully recover damages, the claim’s settlement will be very high. Contrast this with the second example, where you saw a normal physician and missed work. While such medical bills are not insignificant and missed work requires compensation, the final settlement will be dramatically less than the first example. The best way to estimate your settlement amount is to add up all the injury’s various costs. Your Attorney Can Help You Estimate the Claim Amount Your attorney can help you estimate your final settlement amount. They know all the facts and circumstances of your case. With this information and their prior experience with similar cases, they can help you add up all your injury’s economic and non-economic costs to come up with an estimate of your final settlement amount. Considering a Lawsuit Loan? If you’re considering a lawsuit loan for a slip and fall claim, contact Ally Lawsuit Loans today. Our application process is quick and easy. Furthermore, we offer a lowest-rate guarantee and 24-hour application turnaround. Best of all, if your claim is not successful, you won’t owe us anything. You deserve an ally while you wait for your settlement, so contact Ally Lawsuit Loans today!

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