Personal Injury Lawsuit Loans

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.

Personal Injury Loans

According to data provided by the Centers for Disease Control and Prevention (CDC), Americans make approximately 39 million emergency room visits for accident-related injuries every year.

When a person sustains a serious injury because of the reckless or careless actions of another party, they may be eligible to recover financial compensation through a personal injury claim.

Unfortunately, even if you have a case that you are virtually guaranteed to win, it can take a considerable amount of time for a personal injury lawsuit to reach a settlement.

Waiting for a settlement check can put a tremendous financial burden on an injured victim and their family.

At Ally Lawsuit Loans, our team provides the most affordable personal injury lawsuit loans for plaintiffs who are waiting for their settlement. We know that the personal injury claims process can be long and stressful.

Our company is here to relieve some of the financial pressure from you and your family. We offer immediate, affordable personal injury settlement funding nationwide.

If your bills are piling up while you are waiting for your personal injury settlement, please contact our team to learn more about your financial options.

Everything You Need to Know About Injury Loans in 70 Seconds

We Fund the Full Range of Personal Injury Claims

If you suffered a serious injury because of the negligent or reckless conduct of another party, our company can offer a pre-settlement loan to help you pay for your medical care and cover your living expenses while your legal case is still pending.

At Ally Lawsuit Loans, we provide pre-settlement funding for the full range of personal injury claims. Among other cases, you may be able to obtain a personal injury lawsuit loan for:

If your specific type of personal injury cases is not listed above, you may still be eligible to get pre-settlement funding. For more information about your individual claim, please call our lawsuit financing specialists right away. 

Why You Should Apply for a Personal Injury Lawsuit Loan

Applying for a personal injury lawsuit loan is free, and lawsuit loans can be hugely beneficial. Primarily, since many personal injury cases take months or even years to settle, personal injury settlement loans help tie the victims over until the end of their case.

Qualifying is Simple

At Ally Lawsuit Loans, we understand that life won’t wait for a settlement. Waiting for that check puts a significant burden on an injured person and their family. 

If your case is strong, you are more likely to qualify for a pre-settlement loan. We do not look at your financial history. That means no credit checks, no upfront fees, and no employment confirmation. Our goal is to offer settlement advances for any victim injured by the negligence of another.

Applying is Quick & Easy

When you or a loved one suffers an injury, medical bills, mortgage or rent payments, and everyday living expenses pile up quickly. Our company understands that bills do not stop for your personal injury case. 

That is why at Ally Lawsuit Loans, we can qualify you for a pre-settlement loan within 24 hours. Our application process is smooth and easy, so you can focus on your case.

Borrowing is Risk-Free

Personal injury victims often worry about what happens if they lose their case. The last thing you need when you lose a case is to be stuck with a loan you can’t afford.

At Ally Lawsuit Loans, we secure our loans by your future settlement, so we bear the risk of that claim. We offer a 100% risk-free personal injury lawsuit loan. If you do not win your case, then you do not need to pay back the loan. You only pay us if you win your case.

Paying Bills is Crucial

Personal injury lawsuit loans help fill financial gaps while you wait for your case to settle. At Ally Lawsuit Loans, our personal injury settlement loans provide financial protection for you and your family while you resolve your personal injury claim. 

We want to make sure that you get what you need to cover your bills. Our personal injury lawsuit loans can cover medical bills, living expenses, and more.

We offer fair, affordable funding options to victims awaiting a personal injury settlement check. We also have the lowest guaranteed rate in the industry.

Maximizing Case Value is Beneficial 

Insurance companies may offer lower settlement amounts to victims. They do this to get a financially desperate victim to accept the lower amount. At Ally Lawsuit Loans, we empower plaintiffs to resist this manipulation. 

Our personal injury lawsuit loans help you survive the entirety of the lawsuit without sacrificing the value of your case.

❓ What's the Difference Between Personal Injury Settlement Loans and a Regular Loan?

Personal injury loans are very different from traditional loans. Most traditional loans hold borrowers liable for repayment no matter the circumstances. In contrast, personal injury settlement loans are non-recourse, which means you do not have to repay them if you lose your case.

Your attorney pays the lender back with part of your settlement at the end of the case, so the funding process is simple. When you apply for an injury loan through Ally Lawsuit Loans, we never do a background or credit check. We also don’t charge any upfront fees.

After you complete your application, we review the case with your attorney to see if a personal injury loan is right for you. If approved, you can get anywhere between 10-20% of your case value in the form of a cash advance.

💰 How Much Do Personal Injury Loans Cost?

There are three factors that determine the value of your case and the amount of your injury loan: damages, liability, and insurance coverage. For most cases, our underwriters offer around 10-20% of the value of your case.

Determining the damages and injuries in your case is a simple step. The amount of treatment you receive for your injuries typically affects the value of your settlement. If you do not receive treatment, your settlement may be lower.

Liability is the most complex part of our application review. In some states, the level of liability is different depending on the type of accident and the circumstances of your case.

Insurance coverage helps determine the maximum amount of your potential settlement. Some states limit the amount based on the insurance policy of the at-fault driver. However, some states also allow you to pursue additional damages.

✔ Steps You Should Take Before Applying for Personal Injury Loans

If you are interested in personal injury settlement loans, there are a few steps you should take before applying.

Discuss Your Options With Your Attorney

When you apply for personal injury loans, you must have an attorney working on your case. An attorney will always advise you on your best options during a case. Being honest about your financial need lets an attorney know that you trust them, and they will find whatever solution is best for you, whether that is an injury loan through Ally Lawsuit Loans or another option.

Determine How Much Funding You Will Need

Once you and your attorney determine that personal injury loans are right for you, figure out how much funding you will need. It is always best to be frugal when applying for personal injury settlement loans. While you might qualify for a large advance, you should only take as much as you need. This helps you avoid paying excessive interest and ensures that you keep a majority of your settlement.

Personal Injury Settlement Loans Provide Financial Protection

You do not want to rush through the personal injury claims process. It is always best to give your lawyer the time that they need to build a winning case — so that you can recover the full and fair settlement offer that you rightfully deserve.

Of course, the time it takes to resolve a personal injury claim can be frustrating, and even agonizing.

In some cases, it takes years for a complex personal injury case to finally reach a settlement.

Unfortunately, the bill collectors are not going to wait. While the personal injury process is pending, your medical costs or your general living expenses may start piling up. This can put a crushing financial weight on you and your family. Lawsuit funding can help.

We offer personal injury loans to fill the gap. These loans can be used to:

  • Pay for medical care;
  • Make mortgage or rent payments;
  • Cover lost wages; and
  • Cover everyday living expenses.

To be sure, lawsuit funding is not free. We recommend that you take only what you need to cover your bills. But, we want to make sure that you and your family have a fair, affordable funding option available while you are waiting for a personal injury settlement check.

Qualifying for a Personal Injury Lawsuit Loan

Personal injury lawsuit loan eligibility is fundamentally based on the strength of your case. The stronger your personal injury claim, the more likely it is that you will be qualified to obtain a pre-settlement loan.

If you sustained a serious injury because of the negligence of another party and you are filing a legal claim, it is very likely that you qualify for funding.

We do not care about your financial history or lack thereof. There are no upfront fees, there are no credit checks, and we do need confirmation of your employment. Our company offers personal injury settlement advances to plaintiffs who need the money now.

No-Risk Funding — You Only Pay If You Win

One of the biggest worries that injured victims have is what happens if they lose their case. Losing a personal injury case is difficult enough; the last thing you need is to be stuck repaying a loan that you cannot afford.

That will never happen with Ally Lawsuit Loans. We offer 100 percent, risk-free personal injury lawsuit funding.

Your pre-settlement lawsuit loan is secured solely by your future settlement. Our company gets repaid through a portion of that settlement. Through our company, you are getting a settlement advance on your personal injury claim.

We bear the risk of that claim. If you do not end up winning your case, then you have no obligation to pay back any of the money.

Why Choose Ally Lawsuit Loans

We are a professional, consumer recommended personal injury loan company that is committed to offering plaintiffs fair and affordable legal funding.

Unfortunately, some unscrupulous lawsuit financing companies provide personal injury loans at exorbitant rates or with hidden fees.

You need to work with a lawsuit lending company that you can rely on.

At Ally Lawsuit Loans, we promise:   

  • The lowest interest rates — guaranteed;
  • Clear and concise terms in our agreements;
  • No high-pressure sales tactics;
  • A smooth and easy application process;
  • Cash within 24 hours of approval; and
  • Round-the-clock customer support.

Our lawsuit loan specialists work closely with our clients and their personal injury attorneys to ensure we can offer the best financing arrangement.

If you have any questions or concerns about your case or your ability to get a loan, you should contact our team right away. We are more than happy to help.

Learn More About Personal Injury Lawsuit Funding Options: Call Us Now

At Ally Lawsuit Loans, we are proud to offer personal injury plaintiffs the lowest interest rate lawsuit settlement loans. Our top-rated customer service team is standing by, ready to work with you and your attorney.

To find out more about your personal injury lawsuit loan options, please contact us today. Apply now for a pre-settlement lawsuit loan or call (800) 760-0704.

Settlement Funding for Civil Rights Cases

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The civil rights of Americans include rights to freedom and equality. The United States government grants Americans these rights without regard to race, national origin, religion, sex, age, or disability.  If someone violates your civil rights by discriminating, you may sue the perpetrator for the harm you suffered. Trailblazing Americans have used the legal system to fight for their civil rights. Future generations benefit from victims fighting against discrimination.   However, seeking justice for civil rights violations can take a long time. The court process may proceed slowly, while plaintiffs’ expenses continue to accumulate. How Can You Pay Bills While You Wait For Your Civil Rights Lawsuit Settlement? While civil rights lawsuit settlements can take a while to achieve, you don’t have to wait to access your cash. Many civil rights plaintiffs take advantage of settlement loans. This means that plaintiffs access their payment before their civil rights lawsuit settlement case concludes. Plaintiffs can obtain settlement cash advances for these types of civil rights lawsuits: Discrimination based on race, national origin, gender, or disabilityFair housing violations,Harassment,Police misconduct,Immigration violations,Hate crimes, andEqual credit violations. When someone discriminates against you in a civil rights violation, a lawsuit helps you seek justice. The Civil Rights Act of 1964 and the Reconstruction Amendments to the US Constitution legally protect Americans from discrimination. In court, a civil rights attorney will advocate for you to receive payment for the discrimination you suffered. A defendant should compensate you for these civil rights violations with a lawsuit settlement.  Using a settlement loan, you can access these lawsuit settlement funds even before the lengthy court process ends. How Do You Get a Civil Rights Lawsuit Settlement Advance? To get a civil rights lawsuit settlement advance, apply with a settlement lender like Ally Lawsuit Loans. The lender will review your case, consult your attorney, and determine your chances of settling. If the lender thinks you have a good cause, the lender will approve you for a lawsuit settlement loan. Ally Lawsuit Loans approves plaintiffs within 24 hours and offers the lowest interest rates in the market. The amount the lender loans you depends on the amount of the anticipated settlement. Civil rights settlement amounts may be hard to predict because of the intangible nature of damages. However, the lender talks with your attorney to get an informed idea of your anticipated settlement. The lender also evaluates whether you have outstanding lawsuit loans before approving your application. Once you receive your settlement loan, you can pay bills while you wait for your case to settle. You owe the lender nothing while your case settles. If you lose your case, you owe Ally Lawsuit Loans nothing.  In this way, loans for civil rights lawsuit settlements can reduce your stress. You get the money you need to pay bills and don’t have to worry about your finances. You also don’t have to worry about paying anything back unless you win your case.  Apply for a Civil Rights Lawsuit Settlement Advance Today If you suffered from a civil rights violation and filed a lawsuit, you may need a settlement loan. To get cash while you wait for your civil rights lawsuit settlement, contact Ally Lawsuit Loans or call (213) 607-3399. Ally Lawsuit Loans is a lawsuit lending company that offers plaintiffs across the nation: 24-hour settlement loan approvalLowest rates in the industry No payment needed if you lose your case You don’t have to worry about your bills while you wait for your civil rights case to settle. Get help with your stress by applying for a lawsuit cash advance with Ally Lawsuit Loans.  Apply now!

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How Many Pre-Settlement Loans Can I Get?

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Pre-settlement lawsuit funding exists to help injured victims pay their bills and support themselves while they are waiting for their settlement check. Unfortunately, in many cases, it can take months or even years for plaintiffs to get a full and fair settlement from defendants or insurance companies. Of course, your bills are not going to wait that long for the claims process. At Ally Lawsuit Loans, we offer the lowest rate of pre-settlement funding for lawsuits. If you already received a pre-settlement loan, you may still be eligible to obtain a second loan or even a third loan. Apply today and we'll determine if you qualify within 24 hours. We frequently work with clients who have already received a lawsuit loan from another company. Your eligibility for an additional loan will depend entirely on the estimated value of your settlement and the total amount of your initial loan. We will not deny you simply because you have already received a pre-settlement loan. Your application will be reviewed on its merits. Here, we explain the most important things that you need to know about applying for additional pre-settlement funding. PRE-SETTLEMENT FUNDING STEPS: You Can Always Apply for an Additional Pre-Settlement Loan There is no set limit to the number of lawsuit loans you can take out. In fact, plaintiffs frequently take out a second or third loan on their case. This is normal and understandable: it is very difficult to predict exactly how much pre-settlement funding you and your family will need. In some cases, personal injury claims take far longer to settle than was initially anticipated. In other cases, a person’s day-to-day expenses may turn out to be higher than was expected. It could be because their medical bills are higher, because they were forced to miss more time at work than they initially thought, or simply because they ran into some unexpected bills. Regardless, if you took out less than the maximum available loan the first time, you will likely be qualified to obtain additional pre-settlement funding. PRE-SETTLEMENT FUNDING STEPS: We Will Determine Your Current Loan Eligibility As a starting point, our pre-settlement funding specialists will calculate your maximum loan eligibility. Of course, you do not have to take the maximum loan. Indeed, we recommend that our clients only take what they need. You can always come back from another loan. At the same time, we also want our clients to know what options they have available. If you have already taken out a previous lawsuit loan, you may still be eligible to obtain additional funding — especially if you took out less than you were offered as a ‘maximum’ loan the first time. We know the lawsuit funding process can be complicated, particularly if you have taken out a previous pre-settlement loan. If you have any questions about the lawsuit lending process or your eligibility, we have put together a guide to pre-settlement funding that addresses many of the most common issues. For specific questions, please contact our customer service team right away. PRE-SETTLEMENT FUNDING STEPS: Why You Should Work With Ally Lawsuit Loans If you are considering applying for a second pre-settlement loan, it is essential that you work with the very best lawsuit financing company. At Ally Lawsuit Loans, we are committed to providing the best services in the industry. Sadly, some unscrupulous companies take advantage of plaintiffs — charging hidden fees or disguising terms. You need a company that you can trust. We offer: The lowest rate pre-settlement funding — guaranteed;A clear, fair, understandable application process; Your loan in as little as 24 hours; andThe best customer support services. Applying for pre-settlement lawsuit funding can be a complicated and stressful process — especially if you have already taken out a previous lawsuit loan on the same settlement. No matter the specific nature of your situation, our expert customer support team will walk you through the application process and help you find the best available solution. Learn About Other Lawsuit Funding Companies Apply for a Settlement Loan Today At Ally Lawsuit Loans, we are committed to helping plaintiffs get access to the funds that they need to support themselves and their family throughout the personal injury claims process. Our pre-settlement loan specialists are here to answer all of your most pressing questions. To apply for a pre-settlement lawsuit loan, please do not hesitate to contact us today at (800) 760-0704. 

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What is a Structured Settlement & How Do They Work?

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Understanding structured settlements can be confusing at times. A structured settlement pays you money through a series of payments (known as an annuity) or a lump-sum form of payment. Structured settlements occur when a claimant agrees to resolve a personal injury claim and receives all or portions of a settlement through multiple payments. When you file a personal injury lawsuit, you eagerly wait for the day when your settlement payout arrives. However, you may not know about the many detailed decisions involved in the settlement process. What is a structured settlement, anyway?   For instance, should you accept a lump-sum payment or agree to a regularly disbursed structured settlement?  Structured settlements produce some distinct advantages, but they’re not ideal for every situation. If you’re considering a structured settlement, you can always sell it later (with court approval) for a lump sum. STRUCTURED SETTLEMENT TYPES: 📖 Types of Cases Covered Under Structured Settlement Loans Structured settlements first appeared under Canadian law in personal injury cases concerning a 1950’s drug that caused birth defects. From there, structured settlements made their way into common law legal systems, including England, Australia, and the United States.  Structured settlements took advantage of two changing elements in personal injury law: Rising personal injury settlement amountsChanging IRS law that waived tax liability In the US, structured settlements serve as an option in personal injury cases, including pharmaceutical injury and product liability cases.  STRUCTURED SETTLEMENT LOAN INFO: Pros and Cons of Structured Settlement Loans Structured settlements provide both benefits and risks to plaintiffs. Here are some factors to weigh before deciding on a structured settlement. Pros of Structured Settlements: Steady income. Structured settlements provide a steady income for many years. You won’t be able to burn through your money quickly.Tax benefits. United States IRS rules give structured settlements favorable treatment. A person receives tax-free disbursements for the life of the structured settlement.Beneficiary allowed. Many structured settlements allow a named beneficiary to receive settlement payments if the plaintiff dies before the settlement pays out.Option to sell. Structured settlements can be sold or assigned through the courts. This option is useful for paying medical expenses or other debts.Stock market-proof. The stock market fluctuations don’t affect your settlement amount.  Cons of Structured Settlements: Loss of interest. You lose interest that could accrue if you got your entire payment upfront.Taxation. Some parts of a settlement award, such as punitive damages or attorney fees, may be taxed.Inflexible payment. Structured settlements stick to a set schedule and are not flexible to meet changes in your financial circumstances.Fees and penalties. Withdrawing from or selling a structured settlement brings fees and IRS penalties. STRUCTURED SETTLEMENT LOAN FAQ: 💰 How Does a Structured Settlement Work? When you file a personal injury lawsuit, your attorney will negotiate the best settlement for you. Though an attorney should always prepare for trial, most plaintiffs and defendants prefer to reach a settlement. In settlement negotiations, a defense attorney may present the possibility of a structured settlement. At that point, your attorney will bring the settlement option to you. After discussing the structured settlement, your attorney will ask whether you are ready to sign an agreement for that option. Once you accept a structured settlement, the defendant will pay you through installments of an annuity contract. You will receive regular installments over an extended period until you reach your full award. Defendants may purchase an annuity for the settlement from an insurance company. The insurance company is then responsible for managing the structured settlement. If a plaintiff later decides that they need a lump sum payment rather than installments, they can sell their structured settlement annuity. Companies such as Ally Lawsuit Loans offer a streamlined structured settlement cashout. The value of the structured settlement at the time of sale depends on: Payments disbursedAmount of scheduled paymentsInterest rates on the annuityInsurance company creditworthiness A judge must approve and sign on the sale of a structured settlement annuity. Apply for a Structured Settlement Today Now that we’ve answered your question, “What is a structured settlement?” you may be considering this option. However, maybe you already have a structured settlement but are looking for a way out of it. If your financial needs changed and you want a lump sum instead of structured settlement payments, contact Ally Lawsuit Loans. We can purchase your structured settlement annuity in exchange for a lump sum of cash. We offer 24-hour approval on structured settlement purchases. Then, we bring your structured settlement to the court for approval. Contact us at (800) 760-0704 to apply for a structured settlement purchase or ask for more information about this option. 

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