Personal Injury Lawsuit 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.

personal injury lawsuit loans

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.

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 loans for:

  • Car accidents;
  • Commercial truck accidents;
  • Motorcycle wrecks;
  • Bike accidents;
  • Pedestrian collisions;
  • Bus accidents;
  • Work injury lawsuits;
  • Workers’ compensation claims;
  • Medical malpractice lawsuits;
  • Nursing home abuse or neglect;
  • Slip and fall accidents;
  • Premises liability claims;
  • Dog bite injury lawsuits;
  • Dangerous or defective product claims;
  • Defective medical device claims;
  • Dangerous drug lawsuits; and
  • Wrongful death claims

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. 

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; 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.

Top Reasons Why Plaintiffs Get Denied for Lawsuit Funding

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When you’re involved in a lengthy lawsuit, your cash flow may run low as your stress runs high. While your attorneys spend months negotiating a settlement, your bank account plummets. You may worry about paying your bills and wonder where to find funding for a lawsuit. We have a simple lawsuit funding suggestion. During this long settlement process, you can apply for a lawsuit cash advance. You may have some questions about a settlement advance. What is a settlement advance? How do you qualify for a cash advance? Why would you get denied funding for a lawsuit? Keep reading for answers to common lawsuit funding questions. What is a Settlement Advance? A settlement advance involves you borrowing from your future settlement award. The simple process follows these four steps: You apply with a lawsuit funding lender.The lender talks to your attorney about the merits of your case.The lender informs you if you qualify for a lawsuit cash advance.The lender delivers your cash advance within 24 hours. You don’t pay back your lawsuit advance until you receive your settlement award. If you don’t win your lawsuit, you owe nothing on your lawsuit cash advance. How Do You Qualify for a Cash Advance? Lawsuit cash advances differ from other loans. For traditional loans, lenders qualify the borrower based on credit score and income. Instead, for lawsuit funding, lenders evaluate the borrower’s potential settlement. Lenders gain the confidence to fund your lawsuit if they think that you are likely to win a substantial settlement. After you apply for a settlement advance, the lender investigates your potential to win a settlement award. The lender calls your attorney to see where your case stands. From this communication, the lender wants to learn a few things about your case: How likely are you to settle?When are you expected to settle?How big of a settlement should you receive? These case factors determine whether you qualify for a lawsuit cash advance. Why Would You Get Denied Funding for a Lawsuit? If a lender denies you a cash advance funding for your lawsuit, you probably feel disappointed. You may wonder what factors lenders evaluated before denying you funding. There are several reasons why a lender may decide not to fund your lawsuit cash advance. Cash Advances Violate State Law Most states allow lawsuit cash advances. However, there are a few states that prohibit this form of financial assistance. Currently, three states ban settlement cash advances: MarylandColoradoTennessee If you live in one of these three states, a lender cannot provide you a lawsuit cash advance. Even if you have a strong case, state law prohibits a lender from offering you an advance. You Don’t Have an Attorney A lender needs to speak to your attorney before offering a lawsuit cash advance. If you don’t have an attorney, the lender cannot make an informed decision on your loan. Even if you present a strong case, the lender needs to understand where you stand legally. Hiring an attorney increases your settlement potential and settlement amount significantly. A lender insists that you hire an attorney because the lender wants you to have the best chance at winning your case. Hire an attorney to expedite your case and your potential for a settlement cash advance. Most personal injury attorneys work on a contingency fee, meaning that you don’t have to pay your attorney up-front. The contingency fee varies by the attorney. You should read your attorney-client contract carefully to make sure you understand contingency fee details. A lawyer working on contingency wants your case to settle for as much as possible. This motivation should make an attorney work even harder for you. Consult several attorneys, and sign on with the one who seems like your best advocate. You Have Other Funding If you already have a cash advance, that doesn’t automatically disqualify you from obtaining a new settlement advance. The second advance functions as a lower interest refinance on the previous settlement advance. However, if you owe more than a lender thinks your settlement is worth, the lender won’t issue another advance. After all, the lender needs to believe that you can pay back the advance. Lenders don't issue a predetermined cap on cash advances because each case is unique. Each advance depends on the settlement potential of the associated lawsuit. If your previous advance balance falls below your potential settlement, a new lender could offer you another cash advance. Get Pre-Settlement Funding Now Even if a lender has denied your settlement advance before, we will give it a second look. Some of the factors that disqualified you previously may have changed. If you need cash while you wait for your lawsuit settlement, call us at (800) 760-0704 or apply today!

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How Are Settlements Paid Out? | 24 Hour Cash Approval

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When you file a personal injury lawsuit, you travel a long legal road to settlement. You hire attorneys, give depositions, and collect medical records. You wait while the lawsuit drags on. You worry about your dwindling bank account. You can avoid some of that financial stress with a settlement advance. You can’t hurry the legal process along, but you can tap into your settlement before your case closes. In this process, you borrow from your damage awards and pay back the lender once your case settles. To obtain a settlement advance, apply with a legal cash advance lender. The lender discusses your case with your attorneys and determines whether you qualify for a legal cash advance. If the lender approves you for a settlement advance, you get cash in 24 hours. You pay nothing back until you receive your settlement. You should know a few things about settlements before taking a settlement advance. How are settlements paid out? What steps does the process involve? Here’s what you need to know. 9 Steps to Settlement Reaching a settlement involves work. Parties investigate, negotiate, file insurance claims, and conduct medical evaluations.Settlements take time. The process may span a year or more. You sign stacks of paperwork. When negotiations end, you sign the Order of Settlement. You also sign a release, promising the defendant that you won’t file a future lawsuit on your injury. Terms and conditions are important. Your attorney reviews all documents before submitting them. If your attorney disagrees with terms and conditions, he or she negotiates with the defendant’s attorney.A judge steps in to resolve disputes. If the attorneys cannot reach an agreement on settlement terms and conditions, they go to a judge. This judicial involvement delays the settlement process.The insurance company cuts the check. The defendant’s insurance company pays you after they receive the Order of Settlement and release. The insurance company should issue your check promptly, but they sometimes delay.Your attorney holds onto the check. The insurance company makes the check payable to you and your attorney and sends the money to your attorney’s office. Your attorney deposits the check-in an escrow account, while it clears. Debts have first dibs. You pay any outstanding liens, such as medical bills, child support, or attorney fees. Your attorney takes the amount outlined in your contingency fee agreement.You finally get your cash. Your attorney sends you a check with the remaining settlement award. So, to answer that question, “How are settlements paid out?” It takes time and work. You may feel discouraged reading about such a lengthy settlement process. But know that a big check waits at the end of that ordeal. Apply for a 24 Hour Settlement Advance If you need cash while you wait on your settlement, we can help. We offer a settlement advance with 24-hour cash approval. Contact us by filling out our online form or calling us at (800) 760-0704. If you qualify for a lawsuit cash advance, we’ll send you cash within 24 hours!

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How Much Do Lawsuit Loans Cost?

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Do you feel like you’re stuck between a rock and a hard place while you wait for your lawsuit to settle? You filed a personal injury lawsuit, and you hope to win damages for your injury. The money won’t repair all you’ve suffered, but it will help. However, the average cost of a lawsuit is high. Until you get that settlement, how do you make ends meet? Lawsuit settlement advances help plaintiffs pay their bills while they wait on a settlement. If you’re wondering, “How much do lawsuit loans cost?” you’ll want to know several things about settlement advances: What is a settlement advance?How do you get a settlement advance?What lawsuit loans interest rates apply?When do you pay back your settlement advance? What Is a Settlement Advance? Taking a settlement advance means you borrow money from your future settlement. If you qualify for a settlement advance, you access your award before your case settles. A settlement advance depends on the amount of your potential settlement. It is difficult to give an average cost of a lawsuit cash advance because every case differs. If you are suing for a substantial amount of money, you may qualify for a bigger cash advance. A settlement advance helps you while you wait for your lawsuit to settle, and you owe nothing on your loan until settlement. How Do You Get a Settlement Advance? You apply for a settlement advance with a reputable lender, who evaluates your case. The lender calls your attorney to gauge your chances of reaching a settlement. The lender investigates these factors before offering you a loan: How soon will you settle?What settlement amount do you expect to receive?Have you received any other settlement advances? If the lender receives satisfactory answers to all these questions, the lender will extend you a settlement cash advance. You should have your money within 24 hours. Our guarantee is simple. Within 24 hours of your qualifying, we wire transfer the loan to your account or overnight a check. What Lawsuit Loans Interest Rates Apply? Interest rates, what a lender charges to lend you money, can be confusing. Even though you don’t owe loan payments until your case settles, interest still accumulates. This ambiguity doesn’t provide an easy answer to the inquiry, “How much do lawsuit loans cost?” The amount of interest you pay on your lawsuit loan depends on two things: Your interest rate. Lawsuit loans interest rates are either simple or compounded. Simple interest is easy to calculate. Determine simple interest with this formula: Principal Loan x Annual Interest Rate x Length of Loan. Compound interest, based on your original loan plus the interest accrued, is more difficult to calculate. The formula for compound interest depends on how often your loan compounds: monthly, quarterly, or yearly. How long your case takes to reach a settlement. Accumulated interest climbs higher if you have a longer loan. So, if your case takes a long time to settle, you will owe more in loan interest. While you can’t know exactly how much your lawsuit loan costs, interest rates help you compare lenders. How to Evaluate Settlement Lenders When you evaluate lenders for your settlement cash advance, each lender should give you a payment chart for your loan. The chart doesn’t provide the average cost of a lawsuit cash advance, but it details the lender’s interest rates. If the lawsuit lender does not provide you with a lawsuit loans interest rates chart, beware. You want to work with a lender that is straightforward about lawsuit loan fees. You don’t want any surprises when you settle and pay back your loan. Look carefully at lawsuit loans interest rates before accepting the advance. Consider these details when evaluating any potential lawsuit lender: The lender should detail all fees and provide a simple payment chart.The lender should charge no up-front fees.The lender should provide you a free consultation. Besides interest fees, you may see other fees noted on your contract. Lenders sometimes charge application fees, underwriting fees, and origination fees. However, these fees should not amount to much money. If you see a lender charging exorbitant fees, look elsewhere for your lawsuit loan. When Do You Pay Back Your Settlement Advance? You owe no payment on your lawsuit loan until your case settles. When your case settles, you owe the lender the loan principal plus interest. If you lose your lawsuit, you owe the lender nothing. Although loan interest adds to the cost of your lawsuit, plaintiffs weigh the benefits of these loans against the cost. Lawsuit cash advances help plaintiffs pay bills and relieve stress while plaintiffs wait for a settlement. Get Pre-Settlement Funding Now If you are struggling to make ends meet while you wait for your settlement, we can help. We send cash within 24 hours and guarantee the lowest rates. You owe us nothing if you lose. Stop stressing about cash, and call us at (800) 760-0704 or apply today!

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