New York Legal Funding

Allied Legal Funding is based in New York and can easily fund your New York lawsuit.  If you are a plaintiff who needs litigation funding on a case in New York, or is considering a so-called "lawsuit loan" then contact Allied Legal Funding today.

How much does Allied Legal Funding cost?

Legal Funding Costs can be appealing compared to alternatives

• No payment unless you win your case.  If you do not win your case, Allied Legal Funding is not owed anything.
• No current monthly payments required:  Unlike a credit card, which requires a minimum payment each month, there are no monthly payment requirements with legal funding.  Monthly fees accrue with the principal payment and are ONLY repaid IF you win your lawsuit.  If you do not win your lawsuit, 
• Non recourse.  This simply means that if you do not win your lawsuit then Allied Legal Funding is not owed anything.  You are not personally liable for legal funding.
• No credit check for litigation funding.
• Monthly usage fees.  Allied Legal Funding offers a competitive rate of between 2% and 4% per month, depending on your case type.  
• No out of pocket upfront charges.  You are not required to pay any out-of-pocket fees for Allied Legal Funding to review your case.  If Allied Legal Funding does approve your case, an application fee will be added to the funded amount.  However, you will not have to make any payment unless you win your case.  

Post Settlement Legal Funding (Litigation Financing)

Congratulations!  You, as a plaintiff, have successfully won a difficult lawsuit and are expecting a substantial award.  Post-settlement litigation funding can get you the money you are owed, today.  However, your attorney has told you that it could take a few months for you to actually receive the settlement check or verdict award.  If you need the proceeds sooner – to pay off bills or make a household purchase, just let us know.

There is a way for you to receive a good portion of your proceeds today.  Just contact Allied Legal Funding and ask about post-settlement funding.    You can call Allied Legal Funding at (646) 355-0555 or contact us through our website.

Benefits of Legal Funding

With Allied Legal Funding, if you don't win your lawsuit, you don't repay anything.

Frequently, injuries sustained in an accident will force a victim to take necessary time off from work in order to physically recover.   This disruption to household income and lost wages are very difficult to handle without significant financial resources.  Litigation funding can help bridge the lost of income.

Legal funding provides plaintiffs with cash which can be used to pay for household expenses such as rent and utility bills.   Allied Legal Funding has also helped individuals recover their drivers license, pay for college tuition and for home repairs.

There are several ways that legal funding may be a better financial solution than a credit card.  First, legal funding is non-recourse, so if a plaintiff does not win the lawsuit, then Allied Legal Funding is not owed anything.  Also, unlike a credit card, there are no monthly payments due — only a one payment is made when the lawsuit resolves.   Finally, personal credit is not an issue when applying for legal funding.   Because legal funding is tied to a lawsuit, even individuals who have difficulty obtaining credit cards can obtain a lawsuit funding advance.

Visit the Plaintiffs section of Allied Legal Funding’s website to find out more.  You can also apply for legal funding now.

Case Types for Legal Funding

Allied Legal Funding can fund many different case types:

• Assault
• Automobile injuries and accidents
• Commercial claims
• Construction accidents
• Labor Law
• Maritime
• Medical malpractice
• Negligence
• Nursing Home - abuse and neglect
• Post settlement funding
• Product liability claims
• Slip and fall accidents
• Structured Settlements
• Trip and Fall accidents
• Wrongful death
• Other tort claims if appropriate

What kind of lawsuit is good for legal funding?

Many different lawsuits are eligible for legal funding if monetary damages are being sought as compensation.  Tort claims including auto/car accidents, construction injuries, premises liability, negligence, and trip and fall make up many of the personal injury lawsuits on which Allied Legal Funding offers legal funding cash advances.
In addition, commercial lawsuits such as patent disputes, intellectual property lawsuits, trade secret theft, and other business lawsuits are also eligible for legal funding.
In general, if an attorney has accepted your personal injury case on a contingency fee basis, then legal funding may be a solution for your financial needs.  To find out more information if your lawsuit would be appropriate for legal funding, read about Allied Legal Funding’s eligible case types.

Apply for Legal Funding

Applying for legal funding is easy.  All you do is provide Allied Legal Funding with your personal contact information and your attorney’s contact information to get started.  Complete our online application to get started.
Once we have that information, we will contact your attorney’s office for a copy of your case file.  In order to make the best decision for legal funding, Allied Legal Funding needs to review the accident report and medical information, along with any legal documents.  This lets us offer you the most money for your case.

What is plaintiff lawsuit funding? What is litigation financing?

Just what exactly is lawsuit funding?  Also known as legal funding, litigation financing or pre settlement funding, lawsuit funding is a way for plaintiffs in personal injury lawsuits to obtain money by pledging potential proceeds from a lawsut.  Unlike a loan, lawsuit funding is non-recourse, meaning that if a plaintiff does not win a lawsuit, then the funding is not repaid.  In addition, there are no monthly charges or fees associated with legal funding.  Plaintiffs only repay the funded amount when (and if) a settlement or verdict is reached.