If you're a plaintiff in New York awaiting settlement from a lawsuit, lawsuit loans can provide the legal funding you need to make ends meet. Lawsuit funding is a non-recourse option that allows you to receive cash advances while your case is pending, with repayment only required if you win or settle. Getting lawsuit loans in New York is a risk-free solution to cover expenses during litigation.
The process of applying for legal funding through Tribeca is simple and fast. Our process is designed to help you get the support you need quickly while ensuring compliance with New York’s specific regulations.
Just fill out the form and provide your case details. No credit check is required, which means you can apply without worrying about your credit history.
Our team will review your case while working with your attorney to ensure everything is in line with local laws. Lawsuit loans require attorney notification in New York to ensure that the loan is approved by your attorney of record.
Once approved, we’ll send over your pre-settlement funding within 24 hours to cover medical bills, legal fees, or other essential costs without delay.
Average Funding Per Case in New York
Varies by case type and strength, typically ranging from $1,000 to $2,000,000
Available Funding Amount in New York
$500 – $2,000,000
Fault Laws in New York
Pure Comparative Fault – Plaintiff’s negligence will offset the defendant’s liability
Statute of Limitations in New York
New York minimum policy limits
$25,000 for bodily injury (per person)
Minimum UIM auto insurance limits in New York
Applying for a lawsuit loan through Tribeca offers benefits, including zero-risk repayment, where you only repay if you win or settle your case. With capped fees, your repayment is predictable, and our non-compounding rates ensure interest won’t accumulate over time.
Local Knowledge: With a deep understanding of New York laws and processes, our team will be able to provide the best financial solutions for you.
Transparent Terms: With Tribeca, there are no hidden fees or complex conditions, so you can make an informed decision.
Fast Processing: Our New York-based team can offer quick approval and legal funding to get you the support you need without delays.
Lawsuit funding is increasingly popular in New York, with lawsuit loans being available for plaintiffs in financial need.
Tribeca Lawsuit Loans offers flexible legal funding amounts to help cover medical bills, lost wages, and other living expenses while you await settlement.
Our pre-settlement funding options ensure you don’t have to settle for less because of financial pressure. This non-recourse funding is available to plaintiffs in different types of cases, which can include personal injury, medical malpractice, and wrongful death.
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Lawsuit loans are tightly regulated in New York and must comply with state-specific regulations. In New York, lawsuit funding is subject to disclosure requirements and must be offered by licensed funding companies. These loans are reviewed under New York legal standards and are non-recourse by design, which means they are repaid after settlement only.
Lawsuit loans are different from traditional bank loans, as they do not require collateral or credit checks, and they are contingent upon the outcome of your case.
Tribeca Lawsuit Loans ensures compliance with all New York regulations to provide you with secure and transparent pre-settlement funding options.
At Tribeca, we understand that bad credit can be a concern for many plaintiffs. That’s why our lawsuit loans do not involve a credit check. Approval is based entirely on the strength of your case and does not affect your credit rating.
With non-recourse loans, you don’t have to worry about repaying the funding if you lose your case. This means you can access the pre-settlement funding you need, without being penalized for your financial history. Our non-recourse loans ensure that even those with financial challenges can access the funds they need.
Partnering with a New York-based lawsuit funding company like Tribeca can offer plaintiffs a sense of reliability and understanding of the local legal context. Our deep knowledge of New York’s legal regulations ensures we meet state-specific requirements, giving you confidence in the process. Being local allows for faster communication with your attorney and the courts, enabling quicker responses to your needs and efficient, tailored support throughout the funding process.
One of the biggest concerns potential plaintiffs have is the possibility of losing their case and still owing money. With Tribeca Lawsuit Loans, there’s no risk. Our loans are non-recourse, which means you repay only if you win or settle your case. If you lose, you owe nothing.
This non-recourse structure provides peace of mind, knowing you won’t be financially burdened if the case doesn’t go in your favor.
In New York, lawsuit loans are governed by strict consumer financial protections. These funds are non-recourse by design and must comply with New York’s usury laws. Lawsuit loans are also subject to disclosure requirements that ensure the borrower understands the terms of the agreement.
To apply for a lawsuit loan in New York, you will need to provide some basic legal paperwork. Tribeca works closely with your attorney to review your case and ensure everything is in order before approval. The key documents typically include case details, a signed agreement with your attorney, and proof of any relevant medical records or accident reports.
The amount of funding you can qualify for depends on the type and strength of your case. Tribeca offers legal funding ranging from as little as $500 to as much as $2 million. The funding amount will vary based on the expected settlement value of your case, and each application is customized to meet your specific needs.