ALABAMA LAWSUIT LOANS – PRE SETTLEMENT CASH
Alabama Lawsuit Loans – In Alabama, there are over 10,600 ongoing lawsuits for personal injury alone. These include product liabilities, motor vehicle-related accidents, and medical negligence, amongst others. There certainly is a need for Alabama
THERE WHEN YOU NEED IT
If you’re one of the plaintiffs in these lawsuits, then you may be able to take out a Alabama lawsuit loan. These financing programs may be an ideal option if the AL court handling your case is still closed. The current health crisis, after all, has placed trials on hold, and up to now, some AL courts haven’t reopened yet.
To that end, we’ve curated this brief but concise guide on low-cost Alabama lawsuit loans. Read on to learn more about how these financing programs work and how you can get one from Lawsuit Cash Today.
What Are Alabama Lawsuit Loans?
Alabama lawsuit loans are also known as lawsuit cash advances or litigation funding. They provide an advance against any pending monetary award or lawsuit settlement. With these, you can access part of your expected settlement even before the judge awards it to you.
How Do They Work?
While often referred to as “loans,” lawsuit loans are more of a cash advance than a standard loan. That’s because, unlike traditional loans, they don’t require immediate repayment. Nor do you have to make monthly repayments for the loan.
Instead, low rate Alabama lawsuit loans require a lump-sum repayment. Moreover, you’d only have to pay back the cash advance when you receive your settlement. So long as you haven’t obtained an award from the court, you won’t have to pay back the lender yet.
In addition, litigation funding programs are non-recourse loans. This means that the lender won’t collect any money from you if your lawsuit isn’t successful. You don’t have to pay anything back in case the court decides not to award you a settlement.
What Do You Need to Qualify?
Since lawsuit cash advances are non-recourse, the lenders are at risk of non-recovery. That’s why they require cases to have solid evidence of the defendant’s fault or liability. The defendant must also be an individual or a party that can afford to pay the damages.
As such, you’d need to retain an attorney in order to qualify for low rate Alabama lawsuit loans. Having professional legal representation, after all, increases your lawsuit’s chances of success. Also, most attorneys often only represent cases with a high potential of winning.
Of course, your attorney must also be a licensed and active practitioner in Alabama. This means your lawyer must be one of the 14,897 active resident attorneys in the Cotton State.
You must also have an ongoing lawsuit, meaning that your lawyer has already filed your case. It should already be in the docket and awaiting trial.
Get Same Day Alabama Lawsuit Loans from Lawsuit Cash Today
Alabama lawsuit loans can help tide you over until you receive your award. With litigation funding, you don’t have to wait for the court to reopen and begin the process. So long as you meet the qualifications, you can get access to funds as early as today.
Lawsuit Cash Today specializes in 24-hour Alabama lawsuit loans. We can wire the funds you need to your account on the same day you apply. All you need is to fill out this 30-second application so we can start processing your request.
Additional Resources : Best Lawsuit Loan Companies – ATTORNEY LOAN or LAW FIRM FUNDING – Auto Accident Lawsuit Loans – Here Are The Benefits – California Lawsuit Loans – A Complete Guide – Wrongful Termination Lawsuit Loans – Cash Advance Settlement Loans – A Complete Guide