New York Legal Funding

Are you waiting to receive a lawsuit settlement in New York State? It could take months or years to resolve your case and obtain the funds. Meanwhile, you have bills to pay and other financial obligations to meet.

Lawsuit funding could provide a fast solution for your situation. You can get the funds you need quickly without having to wait for your case to settle. You can use the money for any purpose, such as paying your rent or mortgage, buying food or paying off medical bills.

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How Does New York Legal Funding Compare to a Regular Loan?

Legal or lawsuit funding, also referred to as pre-settlement funding, differs from the New York loans for lawsuits you might obtain from a bank or another financial institution. The money you receive is a cash advance taken against the future settlement. It qualifies as a non-recourse transaction, which means you do not need to repay the money if you lose your case.

A New York pre-settlement funding company does not base its decisions on your creditworthiness or other personal financial factors. Instead, it will evaluate the strength of your lawsuit and the likelihood that you will receive a settlement.

If you choose to pursue a loan instead of legal funding, the lender will likely conduct a credit check and review financial statements to determine your eligibility. You'll need to repay the loan in installments over a set period. If you default, you are responsible for the outstanding balance.

Cases Funded in New York

Lawsuit funding in New York primarily applies to personal injury cases, which result from one party committing a negligent or intentional act that harms another party. Examples of common personal injury situations include:

Car, truck and motorcycle accidents
Injuries when using defective products
Wrongful death
Medical malpractice
Nursing or assisted living facility abuse
Dog bites
Defective medical devices
Slips, falls and trips
Work-related injuries

Restrictions for Legal Funding in New York

Like many states, New York does not have any specific regulations, laws or statutes that directly apply to lawsuit funding. However, most funding companies require potential clients to have attorney representation before agreeing to work with them.

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Hear from Our Clients

Dawn B.

I had an excellent experience dealing with this company. I got the amount I was seeking within 48 hours of my initial phone call to them. They are prompt, efficient, and professional. The person who took my request and followed it through to the end was James and he was absolutely wonderful.

Susan C.

Pegasus Funding came through when I really needed it!! James Sheridan was very friendly, professional and efficient. They worked quickly with my attorney to ensure I got funding. Thank you, Pegasus!!

Earline D.

I won a settlement with Pegasus Legal Funding. Their team is professional and comes well prepared. I was able to win my case and was awarded a generous settlement for their efforts. I was skeptical of them at first, but after witnessing the reesults I'm a believer now! Thanks so much!

How to Apply for New York Legal Funding

The process for applying for a lawsuit cash advance in New York is straightforward. Begin by choosing a reputable funding company that best meets your needs and locating an attorney with knowledge of these transactions. When you submit the application, expect to include the type and details of your case, any documents that support the expected settlement amount and your attorney's contact information.

The company will review the information and, upon approval, will make an offer containing the eligible funding amount and a list of fees and conditions.

Why Trust Us for Legal Funding?

Pegasus Legal Capital, LLC is an experienced legal funding company with an excellent reputation serving personal injury plaintiffs in New York and nationwide. We recognize that people going through legal processes often need their cash advances quickly. Our streamlined approach to funding means we can typically provide funding within 24 to 48 hours after application approval.

Your well-being matters to us. In addition to providing cash advances that meet various financial needs, depending on the details of your case, we offer access to economical legal and medical resources if needed. As a valued Pegasus client, you will also benefit from our transparent, ethical practices during the application process and beyond.

Pegasus Legal Capital, LLC Can Meet Your Funding Needs

Pegasus Legal Capital has been helping lawsuit plaintiffs obtain legal funding for over 15 years. Submit an application online or call 855-386-3968 to begin the process.

First Name*
Last Name*
Your Phone Number*
Your Email Address*
State*
Type of Lawsuit*
Attorney Name*
Attorney's Phone Number*
Amount
If Pegasus approves your application for a cash advance and another legal funding company sends you a written contract to advance the same amount at a lower total cost, we will beat that deal or pay you $250 Guaranteed!

CONTACT US

Toll Free: 1-855-FUND-YOU
Toll Free: 1-855-386-3968

Email: info@mylawfunds.com

Address:
800 Fairway Drive Suite 440
Deerfield Beach, FL 33441

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