New York Legal Funding

Fast Pre-Settlement Loans in New York

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Repay $0 if you lose

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4.7 Stars from 200+ Reviews

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Are you a resident of New York with a pending personal injury lawsuit?

An unexpected, lengthy legal battle in the state of New York may cause financial strain, especially if you are no longer able to afford medical bills, mortgage payments or rent, and other living expenses. Here at Nova Legal Funding, our team is on hand to offer immediate financial support.

The complex nature of personal injury lawsuits in New York can extend to years before you receive a payout for your injuries. Unfortunately, insurance companies are notorious for prolonging the process to force you to accept a lower settlement than you may be entitled to. As a result, many people with a pending personal injury lawsuit require financial assistance until the case settles.

At Nova Legal Funding, we can provide you with financial support within 24 hours. You can start the pre-settlement funding process at any time during your lawsuit. We’re here to provide fast and simple lawsuit funding which allows you and your attorney the time and space to negotiate the settlement you deserve.

Call us toll-free at (800) 760-0704 to speak with a friendly funding specialists today.

New York Pre-Settlement Funding Requirements

Your name, phone number, and your attorney’s contact information is all that’s needed to apply for lawsuit funding in New York.

No Credit Required

There is no need for a Nova Legal Funding specialist to inspect your credit history.

Easy Application

The majority of the pre-settlement funding process occurs between us and your attorney.

Risk-Free Funding

Customers are not required to repay the funds if they lose their lawsuit.

Laws and Regulations of Lawsuit Funding in New York

Important New York Legal Information

Avg. Funding per case from Nova Legal Funding $16,818
Fault Laws Pure Comparative Fault Plaintiff’s damages will be reduced by their own liability, but not barred completely. N.Y. C.P.L.R. § 1411
Statute of Limitations 3 years Civil Practice Laws and Rules, Art. 2, Sec. 214
Minimum policy limits for bodily injury & property damage $25,000 bodily injury liability per person $50,000 bodily injury liability per accident $25,000 property damage liability per accident
Minimum UIM auto insurance limits Liability: 25/50/10 UM BI: 25/50 PIP: $50,000
Workers compensation eligibility Not Eligible

State legislation highlights that there are no ethical issues for an attorney advising a client to consider pre-settlement funding in New York. However, the New York City Bar Association has noted potential pitfalls in lawsuit funding, questioning whether a lawyer will be able to provide clients with the correct guidance needed. There are also concerns over the legality of a contract between a plaintiff and third-party funding, and the possibility of a conflict of interest.

An attorney must be able to show they are not losing control over the plaintiff’s litigation, as the influence of funding could cause a client to settle a case for less than its actual value. New York Rules of Professional Conduct (1.8(f)(2), 2.1, and 5.4(c)) also require lawyers to effectively insist that third-party litigation funders do not attempt to control their professional judgment.

Third party funders must clearly outline the total amount of the cash advance, an itemization of one-time fees, the percentage fee or rate of return, and the total amount to be repaid in six-month intervals carried forward to 36 months. Contracts must also allow plaintiffs to cancel the arrangement within five business days of receiving funding without penalty or further obligation. Furthermore, all contracts must contain written certification confirming that the plaintiff’s attorney has thoroughly reviewed and explained all terms.

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What Our Clients Say

Our team funded $25M+ to thousands of accident victims nationwide!

Notable Personal Injury Lawyers in New York

There are many experienced personal injury lawyers based in New York who are waiting to take on your case:

Stephen Bilkis
100 Park Ave, 16th Floor, NY 10017

Scott Michael Duquin
155 Summer Street, Buffalo, NY 14222

Jeff D. DeFrancisco Esq
510 Clinton Square #510, Rochester, NY 14604

Joseph A. Marra
909 Midland Ave, Yonkers, NY 10704

Michael Bersani
224 Harrison St #308, Syracuse, NY 13202

Lee Carey Kindlon
52 James Street, Albany, NY 12207

Car Accident and Fatality Statistics in New York

Motor vehicle crashes are the leading cause of injury-related death for New York state residents. According to the most recent data from the U.S. Department of Transportation’s Fatality Analysis Reporting System, there were 933 fatal crashes causing 999 deaths in New York in 2017. A total of 347 crash fatalities were car occupants, making up 35% of all road deaths that year, followed by 242 pedestrians and 145 motorcyclists.

At Nova Legal Funding, we offer lawsuit funding for drivers in New York who are involved in car accident cases. The most common cases we work with are:

 

Get in touch with our team at Nova Legal Funding for a free case evaluation, and more information on lawsuit funding in New York.

Ready to get started? We’ve got your back.

New York Lawsuit Funding FAQs

You automatically qualify for lawsuit funding if you have sustained any personal injuries that were caused by another person or entity. Generally, anybody that has sustained significant injuries in New York is entitled to a free and quick application.

Though the funding is typically referred to as a lawsuit loan, it is, in fact, a cash advance against your final lawsuit settlement. This advance is also non-recourse, meaning that you will not have to repay us if your case is unsuccessful. Here at Nova Legal Funding, we only collect from customers that win their case or obtain a settlement.

There are no restrictions in place when it comes to how you spend your pre-settlement loan. Our funding helps those in need of financial support during a personal injury case, and some plaintiffs use the advance to pay debts, rent, and medical bills.

Apply For Lawsuit Funding in Ohio Now

Our team will handle all lawsuit funding in New York with efficiency and sensitivity, with specialists ready to serve personal injury plaintiffs any time of day. Please contact us to receive a free case evaluation, and to learn more about the benefits of a New York pre-settlement cash advance.

Call us toll-free at (213) 340-5082 to speak with a friendly funding specialists today.

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Cases We Fund

Nova’s rates are as low as 1-3%. Our mission is to have some of the lowest rates in the industry. We’ll match or beat anyone’s rate.

Ready to get started? We’ve got your back.