New York
Lawsuit Loans
- 2% Interest*
- Same Day Loans
- No Monthly Payment
- No Credit Check
How do I know if I Qualify for a Lawsuit Loan in New York?
Here are three items plaintiffs need to consider when applying for legal funding.
1
Locate a pre-settlement funding company
Direct Legal Funding is happy to be a funder in the state of New York.
2
Active Lawsuit
You must have an ongoing personal injury lawsuit.
3
Legal Representation
A lawyer must be representing your case.
Lawsuit Settlement Loans in New York (NY) — Quick Overview
Pre-settlement funding (NY) can help cover bills while your case is pending. Funding decisions are based on case type + liability + damages + insurance, not credit.
Average Funding Per Case (NY)
Typically $1,000 – $2,000,000
Depends on: injury severity, policy limits, documentation, and fault issues
Available Funding Range (NY)
Usually $500 – $2,000,000
New York Auto Insurance Minimums
Bodily Injury
$25,000
BIL (Accident)
$50,000
Property Damage
$10,000
Bodily Injury
$50,000
New York Fault Law
Pure comparative fault
You can still recover even if partially at fault
Your recovery is reduced by your % of fault (can impact funding value)
Statute of Limitations (NY)
Personal Injury: 3 years
Medical Malpractice: 2 years 6 months
Wrongful Death: 2 years
Apply and Get Cash Today!
Types of Injury Cases We Fund in New York
Direct Legal Funding helps New York personal injury plaintiffs by funding most types of personal injury lawsuits before settlement.
Personal Injury
Medical Malpractice
Car Accidents
Work Injury
Wrongful Death
Mass Transit
Construction Site Accident
How NYC Plaintiffs Can Get Funding Today
If you were injured by another party’s negligence, Direct Legal Funding works with your attorney to evaluate your case and provide cash advances while your claim is pending.
Submit Your Case Details
Details Lender Reviews Attorney Documents
Approval Within Hours
Same-Day Funding upon Attorney Confirmation
Why Partner With NY-Based Direct Legal Funding?
If you were injured by another party’s negligence, Direct Legal Funding works with your attorney to evaluate your case and provide cash advances while your claim is pending.
Same Day Funding
Get same-day approval and access to your funds that can help with your expenses.
Millions in Funding
Our clients have access to millions in funding depending on the strength of your case.
Fair Interest Terms
Our transparent nterest rates start at 2% and our fair repayment terms are helpful should you win your lawsuit.
Work With CEO
Your case will be handled directly by Daniel, our CEO, not an hourly account manager.
Request a Quote
Apply for Lawsuit Settlement Funding Today
Client Feedback
FAQs
Is Pre-Settlement Funding Legal in New York?
Yes. Pre-settlement funding is legal in New York, but funding companies must follow state-specific rules, including clear disclosure requirements about the terms and cost of funding. Reputable providers present these terms in writing so you can understand how repayment works before accepting an advance.
Pre-settlement funding is typically non-recourse, meaning you generally repay the advance only if your case results in a settlement or award. If there’s no recovery, you usually don’t owe repayment—though terms vary by provider and should be reviewed carefully.
Lawsuit funding is also different from a traditional bank loan. It usually doesn’t require collateral and often doesn’t depend on credit scores the way standard loans do. Instead, approval is largely based on the strength and expected value of your claim.
Direct Legal Funding follows New York guidelines to provide secure, transparent pre-settlement funding options for eligible claimants.
Can I Get a Lawsuit Loan in New York With Bad Credit?
Yes. Many people worry that bad credit will stop them from qualifying for pre-settlement funding in New York. The good news is that Direct Legal Funding does not base approval on your credit score, and we typically do not require a credit check. Instead, eligibility is determined by the strength and expected value of your case.
Because pre-settlement funding is usually non-recourse, repayment generally depends on the outcome of your lawsuit. If you don’t recover compensation, you typically don’t have to repay the advance (terms vary by provider).
This structure allows plaintiffs to access funds for living expenses and other costs during the legal process—without being penalized for past financial challenges or risking damage to their credit.
Are There Advantages to Choosing a New York-Based Lawsuit Funding Company?
Yes. Working with a New York-based lawsuit funding company like Direct Legal Funding can give plaintiffs added confidence and convenience. A local provider is more familiar with New York’s legal environment and state-specific requirements, which helps keep the funding process clear and compliant.
Choosing a New York-based company can also make communication easier. Local teams often coordinate more efficiently with your attorney and can respond faster when case updates, documents, or timing matters come up. The result is a smoother experience and more tailored support from application through funding.
What If I Lose My Case After Getting Funded?
A common concern is whether you’ll still owe money if your lawsuit doesn’t succeed. With Direct Legal Funding, you’re protected by a non-recourse structure—meaning you typically repay the advance only if your case results in a settlement or award. If you lose your case, you generally owe nothing.
This non-recourse approach gives you peace of mind while your claim is pending, so you can access the funds you need without taking on the same repayment risk as a traditional loan.
New York (NY) Legal Funding Availability
Direct Legal Funding provides lawsuit funding across New York State, including nearby cities and towns:
- Albany
- Binghamton
- Brooklyn
- The Bronx
- Buffalo
- Freeport
- Hempstead
- Long Beach
- Manhattan
- Mount Vernon
- New Rochelle
- New York City
- Niagara Falls
- North Tonawanda
- Queens
- Rochester
- Rome
- Schenectady
- Staten Island
- Syracuse
- Troy
- Utica
- Valley Stream
- Westchester
- White Plains
- Yonkers
