Archdiocese of New York Settlement Funding: Pre-Settlement Advances for Survivors
Baker Street Funding is now funding claims in the $800 million Archdiocese of New York settlement. If you are one of the roughly 1,300 survivors in this case, you can get a non-recourse advance of up to $75,000 at this stage, usually within 24 to 48 hours of your attorney sending your claim documents. There is no credit check. You repay only from your settlement payment. If your claim pays nothing, you owe nothing.
Last updated: October 27, 2026. We update this page as signing, quick-pay timing, and award letters are announced.
Apply for settlement funding → or call (888) 711-3599.
Where the settlement stands right now
The money is agreed to. The timing is not.
- October 24, 2026: Attorneys confirmed that every survivor who filed a claim agreed to the settlement. The Archdiocese confirmed it the same day. (PBS NewsHour)
- Week of November 6, 2026: The settlement documents are scheduled to be signed. Nothing is final until then. (Jeff Anderson & Associates)
- Quick-pay timing: Attorneys expect the first $250,000 quick-pay checks before the end of the year, but that date is not guaranteed. (The 74)
- Allocation awards: No timeline has been announced. Claims go to a neutral allocator who assigns a value based on the abuse and the harm done. In past diocese cases, that review took many months.
- How the money arrives: About $615 million goes into the survivor trust first. The remaining $185 million follows within roughly 15 months. Survivors also keep a stake in the Archdiocese’s separate lawsuit against its insurer, Chubb. (America Magazine)
So even on the fast path, you are likely looking at weeks. On the allocation path, it could be a year or more before you see a full payment. That gap is what settlement funding covers.
Your two options under the settlement, and why cash pressure shouldn’t decide
Every survivor in this case chooses one of two paths:
- The $250,000 quick-pay option. A flat payment. You skip the individual review and get paid sooner.
- The allocation process. A neutral allocator reviews your claim and assigns it a value. Some awards will be higher than $250,000. Some will not. It takes longer.
Here is the problem we see in every large settlement like this one. Survivors who have waited seven years, and who are behind on rent, medical bills, or a mortgage, feel pushed toward the quick-pay option because they need money now, not because it is the better choice for their claim.
Settlement funding removes that pressure. An advance covers the next several months so you and your attorney can choose the path that fits your case, not the path that fits your bank balance this week. Which option is right for you is a decision for you and your attorney. Our job is to make sure money is not the thing making it for you.
How much can you get?
Funding limits for this settlement depend on where your claim is in the process:
| Your situation | Maximum advance at this stage |
|---|---|
| You’ve selected the $250,000 quick-pay option | Up to $75,000 |
| You’re in the allocation process and no award letter has been issued yet | Up to $75,000 |
| You’ve received your award letter | Based on your actual award amount |
We will raise limits as award letters are issued and the allocation point system is published. If you need less than the maximum, take less. Interest accrues only on what you actually receive, so borrowing the smallest amount that solves the problem is always the cheapest choice.
You can also take funds in monthly installments instead of one lump sum. For a claim that may take a year to pay, monthly advances keep your total cost lower.
What it costs
Rates start at 2.95% per month, simple (non-compounding) interest on most cases, with a 2- or 3-year cap. See how our rates work.
Simple interest means the charge is the same every month. It never builds on itself.
Example: You take a $20,000 advance in November and your quick-pay check arrives in May, six months later.
- Monthly charge: $20,000 × 2.95% = $590
- Six months: $590 × 6 = $3,540
- You repay $23,540 from your settlement. You keep the rest.
If the same advance ran 12 months while you waited on allocation, repayment would be $27,080. Run your own numbers with the lawsuit loan calculator.
There are no penalties, no origination fees, and no out-of-pocket costs. The payoff amount is in writing before you sign, and your attorney reviews the contract. Nothing beyond that figure comes out of your settlement.
If you already have an advance from another company, we may be able to buy it out at a lower rate.
Who qualifies
- You filed a claim against the Archdiocese of New York, its parishes, or affiliated agencies and are part of the $800 million settlement.
- You are represented by an attorney. Your attorney must confirm your claim and sign the funding agreement. Why attorney cooperation is required.
- You are 18 or older.
That’s it. No credit check. No income or employment verification. The strength of the settlement is what we underwrite, and this settlement is agreed to by every party. Full eligibility criteria.
How to apply
- Apply online or call (888) 711-3599. Tell us your attorney’s name and firm. That’s all we need to start.
- We contact your attorney. We request confirmation that you are a claimant in the settlement and which option you’ve chosen, if you’ve chosen one. Your attorney stays in control of your case throughout.
- Approval in 24 to 48 hours after we receive the documents. You get your rate, cap, and payoff estimate in writing.
- Funds the same day you sign by wire if the agreement is signed before 4:00 PM ET, or next-day check.
One funding specialist handles your file from application through payoff. You won’t be passed around.
Protect yourself from funding scams
Large, public settlements attract fraud. Expect calls, texts, and emails from people claiming to represent funding companies, “settlement administrators,” or law firms you’ve never hired.
Baker Street Funding is not affiliated with any other funding company unless we confirm it in writing. Never share your claim number, Social Security number, or attorney information with anyone who contacts you first. Call us directly at (888) 711-3599 to verify. Read our fraud prevention notice.
Frequently asked questions
Is this pre-settlement or post-settlement funding?
Technically both. The settlement is agreed to but not yet signed or paid, so your claim is settled in principle but not resolved. We underwrite it as a settled claim, which is why limits are higher than a typical pre-settlement advance. The non-recourse terms are the same either way.
What if the settlement falls apart before November 6?
Your advance is non-recourse. If your claim ultimately pays nothing, you repay nothing. Signing is scheduled for the week of November 6, and the Archdiocese has stated it intends to resolve the claims without bankruptcy, but you carry none of that risk.
Can I get funding if I choose the allocation process instead of quick-pay?
Yes, up to $75,000 now, and more once your award letter is issued. This is exactly the situation funding is built for: it lets you wait for the allocator’s decision without taking the flat payment just to cover bills.
Will taking an advance affect my settlement amount?
No. Your attorney repays the advance from your proceeds at payout. The Archdiocese, the allocator, and the settlement trust are not involved and are not notified. Your award is calculated the same way with or without funding.
Does my attorney have to approve this?
Yes. Your attorney confirms your claim status and signs the agreement. This protects you: your lawyer sees the exact payoff terms before any money moves. How repayment works.
I’m on Social Security or SSI. Will funding affect my benefits?
Settlement advances are not income. If you receive SSI or Medicaid, how you hold the funds can matter. Ask your attorney or a benefits counselor before you receive funds, and read our guide on lawsuit funding and government benefits.
Can I get a second advance later?
Often, yes. If your allocation award comes in higher than expected or your timeline stretches, request additional funding and we re-review the file.
Is Baker Street Funding available to New York plaintiffs?
Yes. We fund plaintiffs in New York under the state’s consumer legal funding rules, with all terms disclosed in writing before you sign. See our New York legal funding page.
A note to survivors
You spent seven years in this case. You should not have to spend the next year choosing between paying rent and waiting for the award your claim deserves. If funding helps, we’re here. If it doesn’t, your attorney can tell you so, and we’ll respect that.
(888) 711-3599
This page is for informational purposes only and is not legal or financial advice. Settlement facts are drawn from public reporting and attorney statements as of the date above and may change. Funding amounts, rates, and eligibility are subject to underwriting review and attorney cooperation. Funding is non-recourse: if there is no recovery on your claim, you owe nothing.
