If you’ve been hurt while on the job, you may be waiting for a personal injury settlement or workers’ compensation to pay for your losses. However, settlements can take significant time to resolve—meanwhile, you have bills and expenses you need to cover.
New York City workplace injury pre-settlement funding can bridge that gap with a non-recourse cash advance tied to your pending case. With our legal funding, you can pay for the various things you need when you need them with no restrictions.
Contact us today to learn more about our options for personal injury pre-settlement funding in New York.
Pre-Settlement Funding for New York City Workplace Injury Lawsuits
With pre-settlement funding, you can get a cash advance on your workplace injury settlement so that you can access the funds early. When you apply, we’ll talk to your attorney to assess the merits of your case and decide whether to give funding. When you get your money, you can spend it however you need. If you are currently working with a lawyer, there is a good chance your case qualifies.
The best part is that cash funding is non-recourse, meaning you only have to pay it back if you win. The settlement itself is the collateral, so if you don’t receive a settlement, you won’t be on the hook for paying the money back.
Our New York City pre-settlement funding is an excellent alternative to onerous lawsuit loans. These loans have a strict payment schedule, and you have to pay them back, regardless of whether you win your case. Pre-settlement funding takes the risk out of the equation and can give you peace of mind.
Schedule your free consultation today with a workplace injury lawyer serving New York City, 855-386-3968
Workplace Injuries We Can Fund Across New York City
Millions of people are employed in NYC, many of them in dangerous industries, like construction and transportation. Injuries can happen on the worksite for various reasons, whether due to safety violations, defective equipment, or negligent employers. We can provide funding for various types of workplace injuries:
- Falling injuries (e.g., construction workers)
- Motor vehicle accidents (e.g., delivery, taxi, and transportation workers)
- Overexertion injuries (e.g., heat stroke)
- Repetitive strain injuries (e.g., carpal tunnel)
- Toxic exposure and occupational disease (e.g., asbestos exposure)
- Workplace violence (e.g., assault, robbery, etc.)
Work With Our New York City Workplace Injury Lawyers 855-386-3968
How Funding Interacts With Workers’ Compensation And Third-Party Claims In NYC
If you have been injured at work in New York City, you likely have a workers’ compensation claim in addition to a third-party liability claim. This third-party claim could be against your employer, another contractor, or equipment manufacturer.
We can offer pre-settlement funding for both types of claims. In both cases, we will examine the evidence of your case and the expected settlement offer. For workers’ compensation claims, we will also look at your expected loss of earnings from missing work. In both cases, funding is still non-recourse, so you only pay back what you use if you win your case.
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How Our New York City Pre-Settlement Legal Funding Works
We make the process of applying for workplace injury pre-settlement funding in New York City simple.
1. Send Your Details
First, send us the details of your case, including the date, information about the accident, expected settlement amount, and your lawyer’s contact details.
2. We Talk to Your Lawyer
We’ll then get in touch with your attorney to discuss the strength of your case and the likelihood of receiving a settlement.
3. We’ll Underwrite Your Advance
After meeting with your lawyer, we use advanced technology and expert analysis to underwrite your case and determine an appropriate cash advance.
4. You Get Your Money
Once your application is approved, you’ll receive your money however you want—ACH, paper check, money order, direct deposit, etc.—and can use it how you please.
Your pre-settlement funding consultation is free — contact us today!
Pre-Settlement Funding Laws in New York City
New York recently passed the Consumer Litigation Funding Act, which regulates the practice of legal funding in the state. Under the new law, legal funding companies must:
- Register with the state
- Provide a contract written in clear and plain language
- Disclose the funded amount, payment schedule, and total repayment amount
- Give consumers 10 days to cancel without penalty
Funding recovery is limited to 25% of the recipient’s gross settlement amount, and funding companies are prohibited from paying lawyers for case referrals.
Why Choose MyLawFunds For NYC Workplace Injury Funding
Pegasus Legal Capital has provided over $500 million in funding for clients from all walks of life. We understand the difficulty of recovering compensation after an accident and can help you secure the funds you need to pay for necessities when you need them.
New York City’s labor laws are complex, and workplace injury claims may involve multiple litigants and several steps. This complexity increases the timeline of lawsuits, which can put you under even more financial strain. We can help you secure funding quickly so you can be free from the stress and anxiety of managing your finances.
Start Your Application For New York City Workplace Injury Funding
A workplace injury can severely strain your budget, but there are options for immediate relief. Pegasus Legal Capital can provide the funding you need to weather your difficult circumstances without the stress of paying back predatory lawsuit loans. Contact our offices today to learn more about our options for workplace injury pre-settlement funding in New York City.
Your pre-settlement funding consultation is free — contact us today!