Lawsuits notoriously take a long time to resolve. The legal process itself is slow, but defense attorneys and insurance companies may intentionally draw out the process further. This is a cynical tactic that attempts to leverage your mounting bills and financial stress against you, so you’ll settle for some money now, rather than continue to fight for the much larger compensation you deserve. Legal lending companies like Tribeca Lawsuit Loans seek to help you to level the playing field by giving you access to your future settlement to pay your current expenses. With a New York lawsuit loan, you can continue to pursue justice without falling deeper in debt. In fact, you can use the funding to get better compensation!
New York Lawsuit Loans Can Help You Win a Bigger Settlement
When you use a New York lawsuit loan, you ease your financial stress, and can afford to pursue justice. And, since Tribeca is invested in the successful outcome of your lawsuit, we may provide your attorney with case funding. Expert witnesses, forensic testing, and other litigation expenses can be steep, but they can also strengthen your case, so you can win a bigger compensation!
You can use the funds from your New York settlement loan to pay expenses like:
- Medical bills
- Mortgage or rent
- Property repairs
- Replacing lost wages
- Daily costs (food, gas, etc.)
New York Lawsuit Loan Eligibility
As long as you are the plaintiff in an ongoing lawsuit in New York, you may qualify for funding from our team. Some of the cases we’ve funded in the past involved:
- Personal injury claims
- Whistleblower Act violations
- Labor law disputes
- Employment discrimination lawsuits
- Medical malpractice
- Premises liability
- Sexual abuse
- Civil rights abuse
- Commercial litigation
The list goes on! Additionally, we require all clients we provide with a New York lawsuit loan to have an attorney or law firm on their side. Representation from skilled legal counsel greatly increases both the amount of compensation you eventually receive and your likelihood of winning your case.
Our New York team provides funding across the state, regardless of where in the Empire State you live. New York City? Of course. Poughkeepsie? There, too! But we also help clients in:
- and beyond
We also offer pre-settlement funding for litigation outside of New York State. If you have a case next door in New Jersey, you won’t have to worry about tracking down another legal funding company that serves that market or crossing the border just to apply for legal funding. We can work with you regardless of where your case is being argued or negotiated.
Are Lawsuit Loans Legal in New York?
Yes! New York lawsuit loans, also referred to as “pre-settlement funding,” are perfectly legal. Considered to be a non-recourse loan, not only does the state allow lawsuit loans but the laws about them are designed to protect you from risk.
A non-recourse loan like a New York accident loan or a wrongful death lawsuit loan in New York uses your future settlement as the collateral for the loan. Because the collateral is the sole source of funding to repay the loan, the lender has no recourse to attach your income, assets, or property to recoup the loan. In fact, should you lose your case when relying on a Tribeca lawsuit loan, you won’t owe us a dime!
That’s why our loan application process is very different from conventional loans. We ask:
- NO income verification
- NO credit check
- NO employment verification
- NO asset accounting
We do ask:
- How long your lawsuit is expected to last
- Your damages
- The strength of your case
- How much compensation you expect to receive
Once again, your future lawsuit settlement is the only source for repaying your New York lawsuit loan. In addition, our application process is simple, straightforward, and FREE!
How Much Money Can You Get?
New York lawsuit loans are not one-size fits all. They are determined by the facts of your case, including the amount of compensation you expect to receive, the extent of your damages, and the percentage of fault attributed to you. Until we review the details of your case, we cannot say how much pre-settlement funding we can provide. Our team can approve anywhere from $500 to $1,000,000. We make our decision after analyzing your application and discussing your case with the lawyer or law firm that represents you.
Do New York Lawsuit Loans Charge Interest?
Our company charges a flat, simple interest rate instead of the compound interest rate charged by predatory lenders. The precise interest rate depends upon the details of your case. We cannot tell you the interest rate we can offer until we examine your case with your attorney.
Apply for FREE and Get Your Money Quickly
You can call (866) 388-2288 to speak with a Tribeca Lawsuit Loans team member about applying for your settlement loan in New York. We will walk you through the ins and outs of the lawsuit loans process. Or, simply head over to our Apply Now page to get the ball rolling. Once you are approved, you may receive your money in as little as 24 hours once all the necessary documents are signed!
We offer New York lawsuit loans in the following locations:
You have been wronged, and you should be compensated. With a New York lawsuit loan from Tribeca, you can meet your financial responsibilities today while continuing to fight for the full compensation you deserve.