New York Lawsuit Loans: Fast Pre-Settlement Funding Solutions

Get immediate financial relief with a pre-settlement loan against your lawsuit in New York.

When facing a lawsuit in New York, securing pre-settlement funding quickly can alleviate financial pressures, so that your focus remains on your recovery and justice without the stress. Apply now for a lawsuit loan in New York, and experience fast approvals at low non-compounding rates and no-repayment-if-you-lose guarantee. And the best part? It could all start rolling as soon as today, with one simple application process.

settlement funding options

How lawsuit loans work in New York.

In New York, pre-settlement funding, or a lawsuit loan, offers financial relief to those in personal injury lawsuits. It’s a non-recourse cash advance, meaning you only repay if you win your case—no repayment if you lose, no credit checks involved. This funding is directly tied to your settlement, with your attorney managing repayment, including any interest and fees, only if you win.

In every one of the 62 counties of New York, Baker Street Funding is ready to offer non-recourse loans for lawsuits across the entire state, including Long Island, Yonkers, Buffalo, Rochester, Syracuse, and other locations. Our lawsuit lending products enable you to receive a portion of your expected settlement to cover medical bills, daily living expenses, housing, or any other urgent expenditures.

Whether the case involves a car accident in The Bronx, a slip and fall in Manhattan, a work accident in Queens or a medical malpractice case in Brooklyn or Queens, we are committed to alleviate the financial struggles that often accompany plaintiffs in personal injury suits.

Top benefits of New York lawsuit loans.

In the heart of New York, accessing funds before your lawsuit settles offers a lifeline to those involved in personal injury lawsuits. Discover how lawsuit advances in NY can transform your financial scenario, and provide you with the support needed to pursue justice.

Ease financial burden with lawsuit loans.

New York lawsuit loans give you the flexibility to take care of your financial necessities while awaiting a lawsuit settlement. Address personal recovery, cover medical expenses, rent, mortgage, or simply sustain living costs.

Get Additional Settlement Loans

Life’s unpredictability requires adaptable solutions. With the versatility of lawsuit funding in NY, you can apply for multiple cash advances as your needs change. 

Quick financial support during litigation

Legal proceedings in New York can be lengthy, but your financial needs are immediate. Lawsuit cash advances in NY bridge the gap between legal delays and your urgent financial necessities.

Fast-Track Medical Care

Health should always be a priority. Utilize New York’s pre-settlement funding for personal injury to promptly cover essential medical treatments and start your recovery so that you can redirect your focus on what truly matters—the preservation of your well-being.

Higher Funding Amounts

Don’t let your bills dictate your life. With the flexibility of New York lawsuit funding, you can claim 10% to 20% of your anticipated settlement now. That’s a lot more than what bank loans offer.

Dedicate Yourself to Your Case

New York legal funding solutions allow you to concentrate fully on your pending litigation and actively participate in mediations or negotiations uninterrupted by financial matters disrupting your lawsuit’s progress.

Explore how New York pre-settlement loans bring no risk to you.

A healthy mind and a stable bank account are both key to success in a personal injury case—pre-settlement funding can help you achieve both—at no risk.

Your Financial Past Doesn't Matter Here

Don't sweat it if your financial history isn’t perfect. With risk-free lawsuit funding, your credit history or financial situation are not roadblocks to getting the help you need.

Protect Your Assets with Legal Loans

Worried about risking your house or car? Not with a lawsuit loan. No matter how your lawsuit pans out, your assets stay yours.

No More Worrying About Recurring Payments

Imagine a loan where you don’t have to worry about monthly payments or hidden fees. That’s what New York lawsuit loans offer – total peace of mind. No repayment unless you win.

Loans on pending lawsuits

Overcome insurance delays with lawsuit funding.

In New York, an unexpected personal injury can suddenly stop your life in its tracks. You’re not the same New Yorker who was once caught up in the daily hustle and bustle, rushing to catch the next subway or get your kids to school. Now, you find yourself part of a sobering statistic: In FY 2022 alone, New York City paid out $598.5 million in personal injury and property damage claims, a 20% increase from the previous year.

Despite these significant settlements, they don’t tell your whole story. Personal injury lawsuits can take months, if not years to conclude. Meanwhile, you have to struggle with the physical, emotional, and financial impacts of your injury—circumstances you neither wanted nor deserve.

The Unfair Insurance Trade Practices Act in New York requires insurance companies to act in good faith and effectuate prompt, fair and equitable settlements. Nevertheless, these corporations often prolong the settlement process, leaving injured victims in financial limbo and ultimately pressuring them to accept a lowball payout.

Like many New York plaintiffs before you, Baker Street Funding’s non-recourse lawsuit loans provide you with a quick way to cover unanticipated expenses without risking your case’s integrity. With our court case funding, you can hold out for a favorable settlement, free from the financial pressures that might otherwise force you to settle for less than you deserve.

Apply for personal injury lawsuit funding with Baker Street Legal Funding and strengthen your position in negotiations with the confidence that comes from having solid financial backing.

How to apply for a lawsuit loan in NY.

When you apply for a lawsuit loan with Baker Street Funding, our team assesses your case within 24 hours. The perks? Quick funding approvals, low-interest rates, zero hidden fees, no credit checks, no income proof, and no asset verification required.

process 1

Apply in Minutes

Just a few clicks on our online lawsuit loan application form and you're on your way to relief. Need a human touch? Call us at (888) 711-3599.

process 2

Expert Review

If your civil lawsuit is a fit, our expert underwriters team up with your attorney to review your case's merits. No guesswork, only expertise.

process 3

Quick Approval

Don't keep that phone too far; you'll hear from us as soon as your attorney gives the nod. A non-recourse loan agreement with clear terms awaits your signature.

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Instant Funding

Contract signed? Great! Your much-needed funds zoom straight into your bank account or arrive by check the next day with our instant lawsuit settlement loan disbursement. Use it for anything you need—past-due utility bills, rent, mortgage payments, or even daily expenses.

Have a personal injury lawsuit and need cash now? Get started with our quick and easy application process for NY residents.

Start your journey towards financial peace by applying for your New York lawsuit loan today and gain the advantage in your pre-settlement phase. Dial (888) 711-3599 for a free consultation to initiate the process.

Pre-settlement lawsuit funding

Pre-settlement loan qualification—simplified.

Despite New York’s busy streets and strong tort laws, accidents leading to legal battles and financial hardships aren’t uncommon. If you find yourself injured due to someone else’s negligence, with a case value exceeding $50,000, and you’re involved in a legal action against an insured defendant, an advance against your expected settlement might be available to you.

Additionally, attorney-represented cases are a prerequisite for a pre-settlement loan. We also provide funding for settled cases.

At Baker Street Funding, we prioritize making the money you need accessible at the earliest. After your lawyer has approved your lawsuit funding request and your file has been submitted, you’ll receive a same-day case evaluation.

Feeling unsure? Most clients are before they apply. We encourage you to reach out to find out more about our simple eligibility process—even if you’re just considering your options. (No obligation, no upfront costs).

Fast qualification
Instant lawsuit loans with no risk

Choose a legal funding solution that adheres to NY laws and regulations.

During a New York personal injury case, the last thing you need is added stress due to unclear loan terms, particularly since there are no laws or regulations overseeing lawsuit loans in the state.

However, by working with a trustworthy lawsuit funding company in New York, one that values transparency and honesty, you can retain a larger portion of your settlement instead of having it diminished by repayment charges.

This is the foundation of Baker Street Funding, a reputable lender that adheres to the highest standards. Our reputation is built on a reflection of federal guidelines, offering low and reasonably-priced rates with caps, as well as transparent pre-settlement funding agreements with the right of rescission within 5 days.

More than just a settlement advance, our commitment to NY residents is rooted in offering ethical legal funding solutions that respect your litigation as we stay compliant with industry best practices.

Discover why many New Yorkers consider Baker Street Funding the best pre-settlement funding company.

The best pre-settlement funding companies offer a dual advantage: the instant monetary relief you need and the peace that comes from knowing you’re financially secure, now and after you get your settlement. Unlike other lenders, Baker Street Funding is committed to maintaining the integrity of New York litigation finance with a lower interest rate, no hidden fees, and transparent terms.

Clients consistently choose us for one simple reason: trust. Our quick and reliable settlement funding practices, combined with a deep understanding of your needs and the legal system, means that you’ll only be pleasantly surprised by how simple and safe it is to secure your funds.

Join thousands of plaintiffs supported across New York and beyond, and get started with a trusted lawsuit loan provider dedicated to elevating your funding experience.

Apply for a New York lawsuit loan.

When you’re swamped with medical bills and a pending personal injury lawsuit in New York, waiting for a legal settlement can feel like an eternity. But remember, you’re not alone in this struggle. At Baker Street Funding, we offer more than financial solutions for legal cases—we are deeply invested in your victory and your well-being as you are.

With clear terms, rates as low as 2.95% per month, and quick approval, a New York lawsuit loan from Baker Street Funding helps you deal with the financial demands of your legal battle more effectively, as cash shortages are no longer a distraction. Apply for a loan against your pending settlement today and step into a future where financial stress is a thing of the past.

* No credit, no income verification, and no win —no pay guarantee.

Lawsuit settlement loans

New York lawsuit loan FAQs.

Seeking more information on lawsuit loans in New York? Our FAQs guide you through the essentials of legal funding.

To borrow money from your pending lawsuit in New York, start by applying online or calling the provider. Make sure your attorney is ready to submit necessary documents, as approval requires legal representation. The lending company then evaluates your case’s value and decides on funding within 24 hours. If approved, you sign a funding agreement with your attorney. Funds are then directly deposited or sent by check.

Upon successfully settling your case and receiving the settlement funds, your attorney will handle the repayment by allocating the agreed-upon portion to the lawsuit loan company. The remaining balance is yours to keep.

All legal funding options for plaintiffs are non-recourse from Baker Street Funding. This means that you won’t be responsible for repayment if you lose your legal case.

With a quick application process and attentive support, getting a lawsuit loan for your New York case is hassle-free and efficient. Once we accept your case and your lawyer sends the required documentation, our underwriting staff will evaluate your request and make a decision within one business day. After approval, you can typically receive the funds on the same day.

Yes, you may use the cash advance for any immediate costs that arise while your lawsuit is ongoing. Most of our clients use the money for:

  • Living expenses
  • Medical bills
  • Transportation
  • Child care
  • Housing
  • Groceries
  • Electrical bills
  • Rent
  • Mortgage payments.

Choosing pre-settlement financing, commonly referred to as lawsuit loans, in New York, offers several significant advantages. First and foremost, it provides financial stability throughout the duration of your legal case, giving you the means to cover essential living expenses and other costs.

Additionally, having access to funds before your case settles allows you to withstand the lengthy process of litigation and avoid the need to accept a premature and potentially lower settlement. With this layer of financial security, you’re investing in your ability to seek appropriate compensation and stand firm in your litigation without the weight of financial constrain.

Importantly, while a pre-settlement loan can help support your case towards achieving a fair settlement, the actual amount of compensation will still depend on the merits of your case and the effectiveness of your legal representation.

No, we do not perform credit checks. Our lawsuit loans are structured to be free of risk as we solely consider the merits and value of your case.

No, due to Rule 1.8(e) of the New York Rules of Professional Responsibility (“Rules”), lawyers cannot provide financial assistance or cash advances for personal expenses to their clients. However, they can cover court costs and litigation expenses.

For help with personal expenses, legal financing companies like Baker Street Funding are your go-to resource.


InterestNon-compounding starting at 2.95% p/month
Loan protection2-3 year cap
Funding time24 hours
Average loan amounts in New York$12,500
Funding amounts$1,500 up to $10mm
Type of loanNon-recourse
Workers’ comp eligibilityNo
Personal injury claim eligibilityYes
Civil rights case eligibilityYes

Understanding personal injury lawsuits in New York, legal funding regulations, and available financial support options.

As the legal system evolves with new laws and court decisions, New York state regulations are continually being updated. At Baker Street Funding, we’re committed to providing our clients with the most current information. While this content offers a general understanding of New York’s legal processes, we always recommend consulting with your attorney for more detailed guidance.

Determining the amount of your lawsuit loan in the state of NY involves a careful analysis of several key aspects. At its core, litigation financing companies evaluate the liability, damages, and overall strength of your pending lawsuit to determine the likelihood of a successful outcome. The higher the value of your case, the more you may qualify for in terms of lawsuit funding in NY.

Caps on Damages

Since New York has no legal caps on either economic or non-economic damages in personal injury cases, you have the opportunity to fully recover compensation for all your losses, including past and future expenses, without any state-imposed limitations on award amounts. However, you can only get punitive damages if it is reasonable.

  • Economic damages, (medical bills, lost wages, property damage, etc.) We thoroughly review medical records, existing bills, property damage to estimate how much funding we can make available to you.
  • Non-economic damages, (pain and suffering, physical impairment.) More severe and long-term injuries often lead to larger advances due to the increase in the potential settlement.
  • Punitive damages (intended to punish the defendant for egregious behavior). Punitive damages are rarely considered by pre-settlement loan companies due to the high risk it has on being overturned in New York.

Statute of Limitations in NY

Injury claims in NY generally have a statute of limitations of 1 to 5 years from the date of the injury or wrong-doing. Lawsuit financing companies will consider how much time has elapsed since the date of the injury or loss. So, if the statute of limitations is ending and the lawsuit hasn’t been filed, it might influence the lender’s ability to fund your case. NY cases that have been filed for a while, or are close to settling, have higher chances of getting approved for larger funding.

Here is a general overview of the statute of limitations:

Insurance Regulations and Minimum Liability Coverage

New York is a “no-fault” state for automobile accidents, meaning that, regardless of who’s at fault, injured parties turn to their own insurance policies for compensation first. This principle can influence the amount of money awarded in traffic accident cases and, consequently, the funding possibility for car accident lawsuit loans.

In addition to the no-fault system, New York law mandates that vehicle owners carry the following liability insurance coverage:

  • A minimum coverage of $25,000 is required for personal injury to a single individual in an accident.
  • In the event of a fatality, the coverage requirement increases to $50,000 for each person.
  • For accidents involving multiple individuals, the minimum coverage for injuries is set at $50,000.
  • If an accident results in the deaths of two or more people, the required coverage is $100,000.
  • Property damage liability is set at a minimum of $10,000 per accident.

Insurance Regulations and Minimum Liability Coverage

New York is a “no-fault” state for automobile accidents, meaning that, regardless of who’s at fault, injured parties turn to their own insurance policies for compensation first. In addition, New York law mandates that vehicle owners carry the following liability insurance coverage:

  • A minimum coverage of $25,000 is required for personal injury to a single individual in an accident.
  • In the event of a fatality, the coverage requirement increases to $50,000 for each person.
  • For accidents involving multiple individuals, the minimum coverage for injuries is set at $50,000.
  • If an accident results in the deaths of two or more people, the required coverage is $100,000.
  • Property damage liability is set at a minimum of $10,000 per accident.

Legal lending companies highly consider the insurance policy limits of the responsible party. Higher limits suggest a larger settlement, which can increase the size of the loan you qualify for.

Comparative Negligence in New York State

New York follows the principle of “pure comparative negligence.” This means that if you are found to be partially at fault for your suffered injuries, the expected compensation will be reduced by your percentage of fault. For instance, if you are found to be 80% at fault for an accident, you can still be eligible for compensation from the other party who is only 20% responsible. However, your compensation will be reduced by 80%.

The concept of pure comparative negligence is relevant in New York. If you are partially at fault for the incident, it could affect the settlement amount. The lesser your fault, the higher the settlement and, consequently, your funding amount.

A lawsuit funding company will strictly assess the potential reduction in your potential settlement as if you are partially at fault for the incident, it could affect the settlement amount. The lesser your fault, the higher the settlement and, consequently, your funding amount.

Liens and Subrogation Rights

New York law allows certain entities, like health insurers or Medicaid, to place liens on personal injury settlements or judgments to recover amounts they’ve paid for the plaintiff’s medical treatment. Legal funding companies will consider these liens, as they can reduce the net amount the plaintiff receives from the recovery.

Case Precedents

Legal precedents in New York are past court decisions that set examples for handling similar lawsuits in the future.  If your case shares similar circumstances and results with a previous case, the lender is likely to use the precedent from that case as a guide when determining the appropriate amount for a lawsuit loan.

At Baker Street Funding, we strictly adhere to ethical guidelines, which has established us as a reputable name among lawsuit loan companies across the country. Our top priority is the satisfaction and welfare of our clients. Our stance is clear: We do not engage in referring clients to attorneys unless specifically requested by the client.

We prioritize our clients’ best interests and uphold the highest level of integrity by refraining from making any referrals based on a reciprocal arrangement. This guarantees that any suggestions we provide are sincere, unbiased, and solely in the best interest of our clients.

In addition, Baker Street Funding has established relationships with skilled personal injury attorneys throughout New York. That said, to protect our client’s privacy and the law firms we collaborate with, we do not publicly disclose any information about them.

There is a common misconception circulating that legal funding companies in NY are required to make disclosures about lawsuit cash advance fees, rates, and total repayment schedules.

To clarify, these disclosures, as per the ‘Assurance of Discontinuance’ issued by the New York Attorney General’s Office on February 17, 2005, are not legally required. However, this document is intended to address concerns raised by the AGs office about lawsuit funding agreements in NY. It represents a collaborative effort to enhance consumer protection and ethical legal funding practices.

Here’s what it covers:

  • Compliance with the Plain Language Law in contracts,
  • Upfront financial disclosures, such as cash advance fees and rates, at the front page of the contract.
  • They strongly suggest you consult with your lawyer before signing anything,
  • A five-day funding cancellation window without penalty, and
  • Any lawyer fees involved should be reasonable.

Additionally, the New York City Bar Association has also contributed to the conversation, raising ethical questions regarding third-party funding in litigation. But again, these are concerns, not laws. Moreover, specific guidelines about repayment schedules are not stipulated in the New York Rules of Professional Conduct.

According to New York Department of Health, each year, nearly 8,000 New Yorkers lose their lives due to various injuries, and they are the leading cause of death for New Yorkers aged 1 to 34, remaining a major cause for all other age groups. Surprisingly, New York witnesses over 30,002 fatalities from car accidents each year. Some of the specific causes include:

  • Drinking and driving make up approximately 30 fatalities in New York each year.
  • Speeding accounts for about 27% of all traffic fatalities in the state, leading to over 300 deaths annually.
  • Distracted driving causes around 48,000 crashes in the state each year.
  • Truck accidents that involved in injury crashes increased from 105,000 to 117,000, as reported by the NHTSA.
  • Bicycle accidents lead to about 3,700 ER visits and over 600 hospitalizations in New York, resulting in over 30 deaths annually. 


If you’re in the middle of a legal claim due to a car accident, remember that you don’t have to struggle financially alone while you wait for your NY settlement. A personal injury lawsuit loan from Baker Street Funding can provide you with the financial assistance you need during this difficult time.

We typically provide lawsuit funding for injuries such as:

Reach out to Baker Street Funding at (888) 711-3599 to get a complimentary case funding review today.

While settlement advances offer prompt access to money, you may not be prepared to obtain one at the moment. Consider these financial support alternatives that can also help you handle your living costs while your court case is ongoing.

  • New York State Office of Temporary and Disability Assistance (OTDA): Provides support for individuals and families in NY.
  • Supplemental Nutrition Assistance Program (SNAP): Helps eligible New Yorkers with food assistance.
  • Home Energy Assistance Program (HEAP): Assists low-income New Yorkers with heating and energy costs.
  • Temporary Assistance (TA): Offers temporary help for men, women, and children in need in New York.

Select a legal funding service to get started. 

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Or just call us at 888.711.3599 to apply.