Most people expecting a personal injury settlement want to know if their other debts will affect the amount of their recovery. Certain unpaid debts can negatively impact your settlement. If you are currently paying child support, you may be wondering, Can child support take settlement money? When you recover compensation in a personal injury lawsuit, the settlement is designed...
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...
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...
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...
Pursuing a personal injury claim can be time-consuming. You may be waiting to reach an agreement via settlement negotiations. Or your case may be going to trial. If you have a pending case in litigation, it could take a year or more before it resolves and you see any financial compensation. Understandably, many injured victims want to know if...
It's Not Technically A Loan No. What we offer is a non-recourse cash advance against your potential lawsuit settlement. Non-recourse means that if you "lose" your lawsuit, and you don't get a settlement, you have no obligation to repay us. This is the key difference between what we offer and what is traditionally thought of as a loan. Because repayment...
If you are waiting for your settlement check, you may be wondering, how long can a lawyer hold money in escrow? Litigation can last for months or years, so you probably felt excitement when you finally reached a settlement. However, your settlement award may be harder to access than you imagined. For instance, some lawyers hold your settlement check...
Need cash while you wait for your case to settle? If yoou search the web to find the best lawsuit loan company. What do you find? A bunch of companies claiming that they're the best. Here are tips to find the best lawsuit funding company for you. The fact is, most of these companies are basically the same. They...
Searching for a lawsuit funding company in Florida? Ally Lawsuit Loans has compiled a list of five highly rated lawsuit loan companies in the state of Florida. If you are looking for a pre-settlement loan company, it may be important to work with one that is within your state. These are Florida-based lawsuit loan companies with positive reviews from...
If you’ve been injured due to the negligence of another and are seeking compensation through a personal injury lawsuit, you may be worried about your financial situation. The entire process could take well over a year. And if your case goes to court and you receive a decision, it can be even longer before you receive a settlement check....