You may find yourself in a situation where you have to file a lawsuit against another individual, company, or even a government entity. There are various reasons why this may be the case, but there is one truth behind just about all types of litigation – lawsuits can become costly.
Unfortunately, most individuals do not have the personal resources to pursue major litigation. That is why it may be necessary to secure a cash advance for a lawsuit. New York lawsuit loans can help provide the required resources to plaintiffs who may be struggling financially while their case is ongoing.
The team at Tribeca Lawsuit Loans is often able to step in and help by providing the money that you need to tide you over until you receive compensation from a settlement or a favorable jury verdict. You can reach out to us by filling out our Apply Now form or by calling us at (866) 388-2288 to speak with our professional staff about how litigation funding can help you today.
Are You Eligible for a Lawsuit Cash Advance in New York?
If you are in the middle of a lawsuit as a plaintiff seeking compensation from another party, then it is very likely you will be eligible for a cash advance for your lawsuit in New York. At Tribeca Lawsuit Loans, we want you to know that your credit or personal finances will not play a role in our decision about whether or not to provide pre-settlement funding on your behalf.
We provide legal funding in New York for a wide range of case types, including the following:
- Personal injury claims
- Commercial litigation
- Medical malpractice
- Defective medical devices
- Premises liability claims
- Commercial truck accidents
- Jones Act cases
- Product liability cases
- Defective pharmaceuticals
- Labor law violations
- Employment law cases
Our team will consult with you and your attorney about your case when determining whether or not we will be able to provide funding.
Additionally, if you do not have a lawyer to handle your litigation on your behalf, we strongly encourage you to do so. Research has shown time and time again that plaintiffs who work with an attorney throughout their case have a much better chance of success in securing a favorable outcome.
Is a Cash Advance an Actual Loan?
Calling lawsuit funding in New York a “loan” isn’t completely accurate. Yes, Tribeca Lawsuit Loans will give qualified plaintiffs and their attorneys money to pay for various expenses they incur while their lawsuit is ongoing.
However, this type of funding is considered a non-recourse loan in New York. By definition, this means that the lender will not come after any person for payment if they do not receive compensation in a settlement or a favorable jury verdict for their case.
In short, if you do not win your case, you will not owe us any money. We will not try to seize any assets and the money that you spent is yours.
What Determines the Amount of Money You Receive?
There are various factors that will go into determining the total amount of money you receive for a lawsuit cash advance in New York. Our team, working in tandem with your lawyer, will seek to understand your overall needs. Using economic and financial data, as well as advice from your doctors (for personal injury claims), it may be necessary to supply money to tide you over until the conclusion of your litigation.
We regularly supply funding for the following:
- Coverage of any necessary medical bills
- Coverage of lost income if you cannot work
- Compensation for lost earning capacity
- General household out-of-pocket expenses such as food and fuel
- Payment for your utility bills, rent, or mortgage
There is no set amount of money that we pay out because we understand that no two lawsuits are exactly alike. We are able to provide legal funding in New York in amounts ranging from $500 to $1,000,000.
Contact Us for Your Lawsuit Funding Information Today
Applying for a lawsuit loan in New York is 100% free, and we will not check your credit. You can apply today for FREE by filling out the form on our Apply Now page. You can also call us at (866) 388-2288 if you have any questions about the loan process.