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New York Pre-Settlement Funding

Pre-Settlement Funding in New York

If you have a pending personal injury lawsuit in New York, Levalera can provide the financial support you need while you wait for your case to settle. Non-recourse funding with no credit check.

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Legal Landscape

Personal Injury Law in New York

Understanding New York's legal framework helps you make informed decisions about your case and funding options.

Statute of Limitations

3 years

New York generally allows 3 years from the date of injury to file a personal injury lawsuit. Missing this deadline typically means losing your right to seek compensation. Because pre-settlement funding requires an active lawsuit, ensure your claim is filed within this window.

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Negligence Rule

Pure comparative negligence

Under New York's pure comparative negligence system, you can recover damages even if you were partially at fault. Your award is reduced by your percentage of responsibility. This plaintiff-friendly rule means even cases with shared fault may qualify for pre-settlement funding.

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What You Should Know

New York enacted the Consumer Litigation Funding Act (effective June 17, 2026), capping funding fees at 25% of gross recovery and requiring DFS registration. New York is also a no-fault auto insurance state where plaintiffs must meet a 'serious injury' threshold to pursue tort claims. This is an important factor that our underwriting team considers when evaluating cases from New York. Understanding your state's legal landscape helps you set realistic expectations for both your case outcome and funding amount.

Disclaimer: This information is for general educational purposes only and does not constitute legal advice. Laws and regulations change. Consult with a licensed New York attorney for guidance specific to your case.

Compliance

New York Pre-Settlement Funding Regulations

New York has enacted specific legislation governing pre-settlement funding. Levalera is fully compliant with all New York requirements.

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Consumer Litigation Funding Act (A804-C / S1104A)

Effective: June 17, 2026 · Classification: Non-recourse transaction (not a loan)

Fee Cap

Maximum charges cannot exceed 25% of the gross amount recovered

Registration

Must register with NY Department of Financial Services (DFS) and post a surety bond

Cancellation Right

10 business days to cancel without penalty

Key Requirements for Funding Companies in New York

  • Repayment must be predetermined fixed amounts based on 180-day intervals
  • 12-point bold disclosures on contract front page: funded amount, itemized charges, max total owed, payment schedule
  • Non-recourse box prominently displayed stating consumer owes nothing if no recovery
  • Copy of executed contract must be delivered to consumer's attorney
  • No referral fees or commissions to attorneys, medical providers, or chiropractors
  • No use of the term 'lawsuit loan' in advertising
  • Annual reporting of transaction data to the state
  • No prepayment penalties
Enforcement: NY Department of Financial Services; willful violations: forfeiture of funded amount + charges + up to $5,000 per violation

Levalera's Commitment: We comply with all New York regulatory requirements including registration, disclosure, fee caps, and consumer protections. Our contracts are reviewed regularly to ensure full compliance with New York law.

How It Works

How Pre-Settlement Funding Works in New York

Our streamlined process is designed to get New York plaintiffs funded quickly — most approvals happen within 24 hours.

1

Apply Online

Complete our simple application in under 5 minutes. We need basic information about you and your New York personal injury case. No credit check, no upfront fees, no obligation.

2

Case Review

Our underwriting team — experienced with New York's pure comparative negligence system — reviews your case details and coordinates directly with your attorney.

3

Get Funded

Once approved, you review a transparent offer with no hidden fees. Accept and sign, and funds are deposited to your account — typically the same or next business day.

Case Types

Cases We Fund in New York

We fund most personal injury cases filed in New York. Don't see yours? Contact us — we likely cover it.

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Car Accidents

Rear-end collisions, intersection crashes, highway accidents, and all motor vehicle injuries.

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Medical Malpractice

Surgical errors, misdiagnosis, medication mistakes, birth injuries, and provider negligence.

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Slip and Fall

Premises liability claims involving unsafe conditions and property owner negligence.

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Truck Accidents

Commercial trucking collisions and 18-wheeler crashes with catastrophic injuries.

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Workplace Injuries

Construction accidents, industrial injuries, equipment malfunctions, and employer negligence.

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Wrongful Death

Fatal accident claims, medical negligence deaths, and survivor compensation cases.

Why Levalera

Why New York Plaintiffs Choose Levalera

No Credit Check

Approval is based entirely on the merits of your case — not your credit score, employment, or income.

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Non-Recourse

If your case is unsuccessful, you owe nothing. The risk is entirely on us, not you.

24-Hour Approval

Most applications are reviewed and approved within 24 hours so you get the funds you need fast.

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Transparent Pricing

No hidden fees, no compounding interest traps. You know exactly what you owe before you sign.

FAQ

Pre-Settlement Funding FAQ for New York

Is pre-settlement funding available in New York?

Yes. Levalera provides non-recourse pre-settlement funding to plaintiffs with pending personal injury lawsuits in New York. You only repay if your case is successful — if you lose, you owe nothing. New York follows a pure comparative negligence system, which our underwriters factor into every case evaluation.

What is the statute of limitations for personal injury in New York?

New York has a 3 years statute of limitations for most personal injury claims, meaning you must file your lawsuit within 3 years of the date of injury. Because pre-settlement funding requires an active lawsuit, it is important to file within this window. If you are approaching this deadline, consult with a New York personal injury attorney as soon as possible.

How does New York's negligence law affect my funding?

New York uses a pure comparative negligence system. Pplaintiff can recover even if 99% at fault, reduced by their percentage of fault This affects the potential value of your case, which our underwriting team considers when determining your funding amount. Even in states with stricter negligence rules, funding is available if your case has merit.

What types of cases qualify for funding in New York?

We fund most personal injury cases in New York, including car accidents, truck accidents, medical malpractice, slip and fall, workplace injuries, wrongful death, and more. The key requirements are that you have a pending lawsuit and are represented by an attorney. Your credit score and employment status do not affect eligibility.

How quickly can I receive funding in New York?

Most New York applicants receive a funding decision within 24 hours of submitting a complete application. Once you accept the offer and sign, funds are typically deposited into your account the same or next business day. There is no credit check, no employment verification, and no upfront fees.

Ready to Get Funded in New York?

Apply today and get the financial support you need while your New York personal injury case is pending. No credit check, no obligation, no risk.