Can You Get A Lawsuit Loan Without an Attorney?

pre settlement loans without a lawyer

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.

That's where Ally Lawsuit Loans can help. To get started with a pre-settlement lawsuit loan, apply today!

What You Should Know About Lawsuit Loans

The good news is that with a lawsuit loan, you can get access to a portion of the funds from your settlement today.

If you are considering applying, you should know that, with very few exceptions, you cannot obtain lawsuit loans without 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.

Do I Need An Attorney to Get a Lawsuit Loan?

In order to obtain a pre-settlement personal injury loan, you must be represented by an attorney. Therefore, you cannot get pre-settlement loans without a lawyer.

Not only is legal representation typically required by lawsuit funding companies, but your attorney will 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 obtain a settlement.

This is why we need to work with your attorney to discuss some of the specific details regarding your case.

Are You Ready To Apply?

We offer 24-hour approval on structured settlement loan purchases. Then, we bring your structured settlement to the court for approval.

How Do I Know If I 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 Should You Choose Ally Lawsuit Loans For Your Legal Funding?

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 With Ally Lawsuit Loans

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 lawsuit loans with low-interest rates — guaranteed.

To apply for a lawsuit loan now, please contact our team right away.

Personal Injury Lawsuit Loans

| Read Time: 8 minutes

A personal injury loan is a financial tool that helps plaintiffs get cash pre-settlement. Unlike a traditional loan, the interest rate for lawsuit settlement advances is based on the strength of the case, not your credit history. They are also non-recourse which means if you lose your case, you do not owe repayment. According to data provided by the...

Read More

6 Critical Facts About Getting A Cash Advance On A Pending Lawsuit

| Read Time: 3 minutes

As with any financial decision, it's important that you get all the facts before making the decision to seek pre-settlement funding. Read to learn more about Pending Lawsuit Loans. If you're considering getting a pending lawsuit loan, you're not alone. Every day we provide cash advance on pending lawsuit settlements to plaintiffs across the county. Because civil lawsuits like...

Read More

Are Non-Recourse Loans Taxable?

| Read Time: 3 minutes

Non-recourse loans are not taxable and are treated differently by the IRS from recourse loans. Non-recourse loan tax consequences will be different from those of recourse loans.  Depending on the type of loan, you may still owe taxes on part of it even if you default. When a non-recourse loan defaults, is canceled, or is forgiven, the borrower is...

Read More