New York, NY Lawsuit Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
Apply in Seconds
Important New York Lawsuit Loan Information
Lawsuit loans are a useful resource for plaintiffs in the midst of legal proceedings who also need to manage their daily living expenses. These funds act as a cash advance on your eventual settlement or judgment. Following is some significant information regarding lawsuit loans provided by LawsuitLoans.io, along with relevant context regarding the legal climate in New York.
Average loan amount by LawsuitLoans.io in New York | $24,106.11 |
Largest loan by LawsuitLoans.io in New York | $233,714.08 |
Average semi-annual rate in New York | 19.9% |
Median personal injury verdict in New York | $287,628.00 |
New York statute of limitations | 3 Years; Civil Practice Laws and Rules Art. 2 Section 214 |
New York fault laws | New York is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident. |
New York population, 2020 | 8,804,190 |
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
Common Case Types We Fund in New York
At LawsuitLoans.io, we provide pre-settlement funding for a number of common case types in New York. The following is a brief overview of each:
Auto and Other Roadway Accidents
Motor vehicle accidents, including car, truck, and motorcycle crashes, comprise a large portion of the cases we fund. These involve claims made by plaintiffs who have been injured due to the negligence of another driver.
Premises Liability
This includes injuries that occur on someone else’s property due to unsafe conditions. Plaintiffs in these cases hold the property owner accountable for not ensuring their safety.
Medical Malpractice
These claims are against health care providers whose standard of care fell below what is acceptable, resulting in patient harm. It could be a wrong diagnosis, medication error, or surgical mistakes.
Labor Law Claims
We also fund labor law claims – cases where an employer has violated an employee’s labor rights. This can range from wage theft to unlawful termination and discrimination.
Employment Claims
Related to labor law claims, employment claims could include situations where employees have been treated unfairly, discriminated against, or faced workplace harassment.
Other Personal Injury Claims
The other types of personal injury claims we fund include slip and fall accidents, product liability cases, and wrongful death lawsuits among others.
Remember, you can get funding as your case progresses with our easy LawsuitLoans.io funding application. Also, reach out to us on our toll free phone number (800) 340-4973 for any queries.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Lawsuit Loan in New York?
Are you curious whether you qualify for a lawsuit loan? Let us put your mind at ease. At LawsuitLoans.io, our eligibility criteria is quite uncomplicated. We endeavor to provide help to those in need of financial support during their legal proceeding. Here, we offer a simple overview of the primary eligibility standards for lawsuit loans.
Firstly, it is essential for you to have a valid legal claim. This claim can be against an insurance company, self-insured company, or even a large public entity. Simply having a legitimate case puts you a step closer to qualifying for a lawsuit loan.
Secondly, you must have an attorney. This is critical not only in securing your loan but also in ensuring that you get the compensation you deserve. An attorney represents your claim and can certify your need for a loan.
Lastly, it is important that you are at least 18 years old. Therefore, if you fulfill these three main prerequisites: having a valid legal claim, representation by an attorney, and you’re over the age of 18; You may very well be eligible for a lawsuit loan in New York.
How quickly can I get a pre-settlement lawsuit loan in New York?
Applying for a pre-settlement lawsuit loan is a simple and fast process. Following your application submission, LawsuitLoans.io will review your case. A decision is typically reached within 24 hours. Once approved, the funds can be disbursed to you promptly to help alleviate your financial pressure.
Let’s illustrate this with an example. Suppose you’ve suffered a personal injury and awaiting trial in court. You submit an application today with all pertinent information about your case. The experts at LawsuitLoans.io review your details. By the next day, they reach a decision about your loan approval. If approved, the necessary financial assistance is provided quickly.
This quick turnaround time is especially beneficial during times when you are dealing with medical bills, loss of income, and other related worries. With LawsuitLoans.io, the waiting period becomes more manageable by providing the necessary financial support during pending lawsuit resolution.
Get Started
Apply today and get funds in as little as 24 hours!
New York, NY Cases we Fund
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in New York. Read more about the personal injury cases we fund in New York here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in New York here:
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.