If you’ve been injured in an accident in New York, chances are you’re already dealing with medical bills, missed work, and stress over what comes next. Lawsuits can take time—and time can be expensive. That’s why many injured plaintiffs explore legal funding options to help cover essential expenses while their case moves forward.
Let’s clear up what “funding my lawsuit in New York” actually means, how it works, and whether it might be right for you.
What Is Pre-Settlement Funding?
Pre-settlement funding is a financial advance based on the expected outcome of your personal injury case. Unlike a traditional loan, it’s non-recourse—meaning you don’t repay it if you lose your case.
At Plaintiff Investment Funding (PIF), we offer this type of support so you can focus on healing instead of rushing to settle just to stay afloat.
How It Helps:
- Pays for essentials like rent, groceries, childcare, or medical costs
- Lets you wait for a fair settlement rather than accept a lowball offer
- Doesn’t involve credit checks or income verification
You can learn more about our service areas on our Areas We Serve page.
Who Qualifies for Legal Funding in New York?
Legal funding in New York is available to plaintiffs in personal injury cases, including:
- Car accidents
- Slip-and-falls
- Workplace injuries
- Medical malpractice
To qualify, your case must:
- Be active and supported by an attorney
- Be based on someone else’s negligence
- Have a likelihood of resulting in a settlement or judgment
If you’re unsure, your attorney can help you determine whether New York accident settlement funding is a good fit.
Addressing Common Misconceptions
“Will this hurt my case?”
No. Your attorney continues handling the legal process. Legal funding is a separate financial support tool that doesn’t interfere with the litigation.
“Do I have to repay it even if I lose?”
Nope. That’s the benefit of non-recourse funding: if your case doesn’t succeed, you don’t owe anything.
“Is this a loan?”
Not in the traditional sense. There are no monthly payments, no interest compounding over time, and no damage to your credit.
What You Should Know About Legal Funding in New York
New York Plaintiff Funding
With confusing legal systems and high living costs, New York plaintiffs often wait months for lawsuit case resolution. Our non-recourse case funding helps ease the financial burden.
What the Law Says About Legal Funding in New York
According to the International Comparative Legal Guide, New York has some rules against something called “champerty.” That just means you can’t buy someone else’s lawsuit just to make money from it. But that’s not what legal funding is.
Legal funding—like what we offer at PIF—is different because you’re still in charge of your case. And because it’s non-recourse (you don’t pay it back if you lose), it’s not treated like a regular loan. That means it’s not limited by New York’s usual interest rate laws.
Right now, New York doesn’t have a special law that regulates legal funding. But lawmakers are starting to talk about making clearer rules in the future.
For more about legal funding guidelines in your state, visit the New York State Bar Association.
How Long Does It Take to Get Funds?
Every case is different, but many clients are approved and funded within 24 to 48 hours. Our process looks like this:
- You apply online or call us directly.
- We speak with your attorney to review your case.
- If approved, funds are wired directly to you.
It’s fast, simple, and compassionate. If you still have questions, visit our Contact Us page or reach out.
Why Choose Plaintiff Investment Funding?
We’re not a faceless call center—we’re a boutique team that believes in doing things the right way. Our team has worked with injured plaintiffs across New York, and we know what it means to provide support that actually helps.
We keep our terms clear, our process simple, and our promises honest.
Your Next Step: Apply with Confidence
If you’re thinking, “Is funding my lawsuit in New York even an option for me?” The answer is: probably. And you don’t have to figure it out alone.
We’ll work with you and your attorney to make the process smooth and stress-free.
Need financial breathing room while your case moves forward? Apply now—you don’t owe us a thing unless you win.
Have questions or want to understand more before taking the next step? We are always happy to help. Feel free to reach out to us anytime.