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lawsuit loans

Lawsuit Loans California

Accidents happen. According to data provided by the California Health Care Foundation, more than five million people visit emergency rooms in the state with ‘unintentional injuries’ every year. When a victim’s injuries are caused by another party, they may be eligible to recover financial compensation through a legal claim. Unfortunately, with complex legal cases, it can take many months or even years for an injured victim to get financial compensation. Legal funding offers a cost-effective solution. You can get money to pay your bills now, while still giving your lawyer time to aggressively pursue maximum compensation through a lawsuit. At Ally Lawsuit Loans, we pride ourselves on providing the lowest cost pre-settlement funding in California. If you or your loved one is considering applying for a lawsuit loan in California, we encourage you to contact our legal funding specialists to learn more about your available options. Lawsuit Loans: California With lawsuit funding in California, plaintiffs can get an immediate cash advance while their case is working its way through the legal claims process. It should be noted that, although pre-settlement funding is often referred to as a ‘loan’, these types of cash advances are not actually ‘loans’ at all.  When you apply for legal funding in California, you are agreeing to sell a portion of your future settlement in exchange for payment now. What happens if you lose your case? You keep the money and you owe nothing. Period. At Ally Lawsuit Loans, we offer settlement loans in California that are ‘non-recourse’. There is absolutely no risk in applying for and obtaining legal funding. We will purchase a share of your legal claim — if you lose, then our share of that claim will be zero. As an example, we might give a plaintiff in Southern California a car accident lawsuit loan that is worth ten percent of the value of their case. When the claim is settled, our company will be repaid through the proceeds of that settlement. However, if, for whatever reason, the case is not successful, then our clients keep the money and we cover the losses. Understanding California’s Personal Injury Laws In California, most personal injury claims must be filed within two years of the date of the accident. If plaintiffs fail to comply with this statutory deadline, they may not be able to bring a claim at all. The sooner you initiate your claim, the sooner you can get access to compensation. Most personal injury claims are based on the state’s ‘negligence’ standard. As explained in the Judicial Council of California Civil Jury Instructions, negligence is “the failure to use reasonable care to prevent harm to oneself or to others.” Depending on the specific circumstances, both acting or failing to act could potentially constitute negligence. Ultimately, California’s personal injury laws are complicated. Injured victims should ensure that they get themselves the professional medical care and professional legal guidance that they need. If you suffered a serious injury, it is crucial that you seek representation from an experienced California personal injury attorney. Our lawsuit funding specialists can work directly with your legal representative to get you the pre-settlement cash advance that you need to pay your bills and support your family. Workers’ Comp Claims are Not Eligible for Legal Funding in California In some states, workers’ compensation funding is available. Unfortunately, California is not one of these states. Due to local regulations, our firm cannot offer pre-settlement workers’ compensation funding in California. If you have a question about your ability to qualify for a pre-settlement cash advance in California, please contact us right away. We will get your answers. Do You Need Legal Funding? Apply for a Lawsuit Loan in California Today At Ally Lawsuit Loans, our team is committed to providing plaintiffs with the lowest rate lawsuit loan funding. You can apply for legal funding in California and get approved for a loan in as little as 24 hours. If you have any questions about your case or legal funding in general, please do not hesitate to contact our California lawsuit loan specialists for assistance. We are proud to serve communities throughout the state of California.