Louisiana Lawsuit Loans

louisiana lawsuit loans

Filing a lawsuit can be complicated. You might find yourself facing financial obstacles on top of other difficulties stemming from an accident. You should know that you have options if you are facing financial hardships when filing a lawsuit in Louisiana. Ally Lawsuit Loans is here to help. 

Types of Cases We Handle

Ally Lawsuit Loans provides funding for plaintiffs while they are waiting for a lawsuit settlement check. We cover a variety of lawsuit types, including:

  • Personal injury;
  • Car accidents;
  • Assault and battery;
  • Hit and runs;
  • Medical malpractice;
  • Products liability;
  • Unpaid overtime;
  • Wrongful termination; and 
  • Workers’ compensation.

If you are unsure whether we cover your lawsuit, call us at 844-771-2957 to discuss your case details.

Louisiana Lawsuit Loan Checklist

A lawsuit loan isn’t really a loan; it is a cash advance based on your legal claims’ estimated value. You can ease the process of applying for a lawsuit loan if you understand the requirements for approval. The following list will walk you through every step of the lawsuit loan process.

Review Important Louisiana Lawsuit Information

Before applying for a lawsuit loan, you should understand the specifics of your lawsuit. Consider the following legal information specific to Louisiana.

Different Claim Types

The source of your injuries or damages is an important factor to consider when taking legal action.

If you were involved in a car accident and sustained injuries at someone else’s fault, you likely filed a claim with your insurance company. Car insurance plays a significant role in any crash claim, as only collision insurance covers your vehicle in Louisiana. 

Louisiana follows a fault-based system, meaning that the person responsible for a car crash assumes responsibility for any injuries, lost income, property damage, etc. Note Louisiana’s state minimum policy limits:

  • $15,000 bodily injury liability per person;
  • $30,000 bodily injury liability per accident;
  • $25,000 property damage liability per accident;
  • $15,000 uninsured motorist coverage per person;
  • $30,000 uninsured motorist coverage per accident; and
  • $1,000 in medical payments coverage.

Once the policy limits are reached, the at-fault party is responsible for the remaining money owed. 

If you are tied up in a personal injury lawsuit, it might be a while before an at-fault party is determined. You are responsible for all finances during this time.

Damages incurred while on the job have different lawsuit requirements. Workplace accident injuries likely fall under worker’s compensation, so you must first file a claim with your employer if you are in this situation. If your claim is denied, you can file a lawsuit against your employer.

Louisiana Statute of Limitations

The statute of limitations for personal injury, worker’s compensation, and medical malpractice claims in Louisiana is one year. This means that you must file your lawsuit within one year of the incident.

Know How to Qualify Your Case

Once you have filed a lawsuit, you might find that your expenses are adding up quickly. If you are trying to pay rent, medical bills, and legal fees while unable to work because of your injuries, you will probably look into lawsuit loans in Louisiana.

Ally Lawsuit Loans provides simple, risk-free lawsuit loans. Our application process is quick and easy. Follow the steps below to qualify your case within 24 hours.

  • Submit your application. Fill out this form to give us some basic information about your lawsuit.
  • Provide your attorney’s contact information. We will contact your lawyer to discuss your case so we can better understand your lawsuit.
  • Approval. If your lawsuit loan is approved, you can expect to receive your money within 24 hours. We can transfer the loan to your bank account, send you a check, or even use Western Union. 

Providing Correct and Accurate Attorney Information

Ally requires all of our lawsuit loan recipients to have an attorney. You must provide correct and accurate contact information for your attorney or law office or risk a delay in your loan’s approval. Because Ally discusses your lawsuit’s details and obtains copies of all relevant documents from the law office representing your case, the speed in which we receive this information directly affects the timing of your loan’s approval. 

Since your attorney’s response time relates to your lawsuit loan money availability, we recommend discussing your loan application with your attorney before submitting it. This can significantly speed up the process.

Why Choose Ally?

Ally Lawsuit Loans is committed to offering the lowest possible interest rates to our customers. We have approved loans of as low as $500 and as high as $750,000, and our loans are always 100% risk-free. You only pay back your loan if you win your case. 

With our easy application and quick approval process, Ally is highly-rated for our customer service. 

At Ally, we understand that the lawsuit process is complicated enough, so we are dedicated to offering a seamless loan process.

Get started on your Louisiana lawsuit loan with Ally today.

What Are Common Types of Lawsuit Funding?

| Read Time: 4 minutes

Every person deserves their day in court. Unfortunately, not everyone can afford to litigate their legal issues. Lawsuits can take a long time and use up your financial resources quickly. But you don’t have to let financial pressure prevent you from holding others legally accountable for their wrong actions.  A lawsuit loan can help you meet your financial obligations...

Read More

Nashville Lawsuit Loans

| Read Time: 3 minutes

If someone has wronged you, filing a lawsuit might be the only way to recover your financial losses and receive compensation for your pain. Unfortunately, lawsuits don’t bring instant relief. To properly litigate or settle a legal issue, you have to wait at least several months; sometimes, personal injury actions drag on for years. But what if you’re in...

Read More

How to Get a Loan for a Catastrophic Accident Injury

| Read Time: 4 minutes

If you sustained severe injuries in an accident caused by another party’s negligence, you are likely very concerned about how you will cover your bills and expenses that have probably started piling up. A catastrophic injury lawsuit can take more than a year or two to resolve, so you could be waiting a considerable amount of time for any...

Read More