Navigating a wage and hour dispute or wrongful termination lawsuit can be a lengthy and costly process. Many plaintiffs face the challenge of keeping up with personal and legal expenses while their cases progress. In New York, non-recourse funding has emerged as a crucial financial tool that offers plaintiffs a way to continue fighting for justice without the immediate burden of paying legal fees or personal costs.

What is Non-Recourse Funding?

Non-recourse funding is a financial arrangement where a plaintiff can secure a cash advance based on the potential outcome of their lawsuit. The key feature of non-recourse funding is that the plaintiff does not have to repay the advance if they lose their case. This arrangement is unlike traditional loans where the borrower is responsible for repayment regardless of the outcome. Non-recourse funding providers, such as Fast Funds, Inc., assess the strength of the plaintiff’s case and provide a financial advance. The plaintiff is only required to repay the advance if the case results in a settlement or favorable judgment. If the case is lost, the plaintiff is not obligated to pay back the funds.

How Non-Recourse Funding Works in Wage and Hour Cases

Wage and hour violations are a common issue faced by workers in New York, and these cases can drag on for months or even years. Non-recourse funding is especially useful for plaintiffs who are struggling to cover personal expenses or legal costs during the litigation process. In wage and hour cases, such as those involving unpaid overtime or misclassification of employees, plaintiffs often require significant resources to keep their case moving forward.

With non-recourse funding, plaintiffs can receive an upfront advance to cover these costs. This financial lifeline allows them to continue pursuing justice without worrying about how to fund their legal battles. Additionally, plaintiffs are not at risk of accumulating debt if they lose their case, which can be a significant burden in long, drawn-out wage and hour disputes.

- WHAT CLIENTS ARE SAYING -

In June, my wife and I asked our attorney about giving us a loan against any settlement proceeds from our case. He told us that the state bar does not

permit lawyers to participate in the financing of clients. The offer of settlement was very low so the case needed to be filed in court. I called Fast Funds. Within 24 hours, I had entered into an agreement with them, selling a very small portion of the anticipated proceeds to them in exchange for immediate financing. Now my suit is in court and I don't have to worry about money until it's outcome. Thank god for Fast Funds

B.G.

As a result of the advances you have made to our client, we were able to refuse an extremely low settlement offer and take the case to court. We settled the day of the trial for a very generous sum. Had there been no advances by Fast Funds, our client would have had no choice but to accept the inadequate offer since he was in severe debt due to his inability to work. Thank you for your helpful assistance in providing our client with the ability to persevere.

C.F.

I was involved in an accident which took my left leg. I was forced to live homeless for eleven months. Thanks to the Fast Funds people advancing money. I now live in an apartment,I am walking on a prosthetic and otherwise getting my life back together, even though my attorney has not yet settled my lawsuit. I don't know what I would have done for money because the insurance company has offered nothing so far.

A.R.S.

I was involved in an auto accident which caused me to suffer a herniated disc. Because of this injury, I was forced to miss many months of work. I had no income and no place or person to turn to for money. My attorney told me he was unable to help with any financing and the insurance company was refusing to settle the case. I turned to a company called Fast funds. They immediately reviewed my file and took the financial pressure off by providing me with interim financing. I am now able to wait for as long as it takes for my lawyer to achieve a successful result in my case. Without the financial involvement of Fast Funds, I don't know what I would have done.

K.P.

I wanted to thank you for your sensitivity in helping me cope through a very difficult time in my life. Without your help, I would have been unable to pay my rent , forcing my wife and children to be put on the street. I have not been able to return to work and I was tempted to accept the insurance company's very low offer to settle, even though I knew it was not fair or reasonable. You have given me the ability to withstand the financial pressures. Thanks for your help. I will never forget it

C.S.

I have in the past referred clients to Fast Funds Inc., a non-recourse company. The experience of my clients

and my firm were totally positive. Fast Funds was responsive to the clients financial and emotional needs, provided the necessary emergency money and did not interfere in any manner with my handling of the cases. The clients, without my input, negotiated the advance directly with the company. In each case, they were completely satisfied with the final result of the case, including the amount of profit earned by Fast Funds. Non-recourse funding is clearly a valuable tool to the plaintiff's attorney.

M.J.L.

"I am writing to recommend the valuable assistance of the Fast Funds Inc., a company that provided interim funding to financially needy clients. They help to insure that a case will be brought to a successful resolution. A good case in point is when I was offered $75,000.00 for a seriously injured client. Had she not been able to take advantage of the advance financing offered by Fast Funds, I would have been forced to take the money. As it turned out, because my client now had the financial ability to withstand the pressures of time, I tried the case to a jury and received a verdict of $315,000.00.

M.S.D.

It is my belief that non-recourse companies, such as Fast Funds, the company to whom I refer my needy clients, perform an invaluable service to both the client and the attorney. Simply put, it is common knowledge that one of the tools negotiation utilized by insurance companies is time. Offering

considerably less money than the actual case value to a client in desperate need of funds while the case is pending, gives the insurance companies a tremendous advantage. This advantage is minimized and the playing field is leveled when the client has the ability to obtain funds for a minimal portion of the anticipated proceeds. Many times, with no prospects of income, an injured party will settle the case for whatever offer is made.

R.J.F.

How Non-Recourse Funding Supports Wrongful Termination Claims

Wrongful termination lawsuits often arise when employees are fired for unlawful reasons, such as discrimination, retaliation, or breach of contract. These cases can be particularly stressful, especially when plaintiffs are left without a steady income while they fight for their rights. Non-recourse funding provides a vital solution, enabling plaintiffs to cover living expenses, legal fees, and other costs associated with their claim.

For wrongful termination plaintiffs in New York, non-recourse funding offers peace of mind during the often extended litigation process. This financial support allows plaintiffs to focus on building their case and securing the compensation they deserve, rather than settling for less due to financial pressure.

The Advantages of Non-Recourse Funding for Employment Law Cases

Financial Relief During Litigation

The financial strain of a prolonged lawsuit can be overwhelming, especially for individuals who are already facing economic hardship. Non-recourse funding removes this burden by providing immediate financial support. Whether a plaintiff is dealing with a wage dispute or a wrongful termination claim, non-recourse funding allows them to continue their case without sacrificing their financial well-being.

No Repayment Risk

One of the biggest advantages of non-recourse funding is that there is no repayment obligation if the plaintiff loses their case. This eliminates the risk of taking on additional debt or financial strain if the outcome is unfavorable. Plaintiffs can pursue their legal claims with confidence, knowing that they will not be financially penalized if the case does not result in a settlement or judgment in their favor.

Access to Justice for All Plaintiffs

Non-recourse funding helps level the playing field in employment law cases, ensuring that plaintiffs who may not have the financial resources to pay for expensive legal representation or cover personal expenses are still able to pursue justice. By providing financial assistance based on the strength of the case rather than the plaintiff’s ability to pay, non-recourse funding ensures that all individuals have access to legal representation, regardless of their financial status.

How to Apply for Non-Recourse Funding in New York

The application process for non-recourse funding is straightforward and designed to be efficient. To begin, a plaintiff must work with their attorney to submit relevant details about their case. Fast Funds, Inc. reviews the case to assess its potential outcome and determines the amount of funding the plaintiff can receive. This review process typically involves evaluating the strength of the legal claim, the likelihood of success, and the potential for a favorable settlement or judgment.

Once the application is approved, the plaintiff receives the funding quickly, allowing them to use the money to cover any expenses they may incur during the lawsuit. The funding can be used for legal fees, medical expenses, or general living costs, depending on the needs of the plaintiff. The repayment of the funding is contingent upon the success of the case, meaning that if the plaintiff does not win, they are not required to repay the money.

The Role of Fast Funds, Inc. in Providing Non-Recourse Funding

Fast Funds, Inc. is a leading provider of non-recourse funding for plaintiffs in New York. With years of experience in the litigation funding industry, we specialize in helping individuals involved in wage and hour disputes and wrongful termination claims access the financial support they need to continue pursuing their cases. Our team works closely with attorneys to evaluate each case thoroughly and provide fair, transparent funding solutions.

We understand that the legal process can be financially draining, and we are committed to helping plaintiffs navigate their cases without the added burden of financial stress. Whether you’re involved in a wage and hour case or a wrongful termination lawsuit, Fast Funds, Inc. is here to provide the financial support you need to fight for justice.

The Financial Impact of Litigation on Plaintiffs

When individuals file a wage and hour or wrongful termination lawsuit, they are often forced to take time off from work, which can lead to a significant loss of income. For many, this loss of wages can quickly add up, making it even harder to focus on the case itself. The financial strain of everyday living expenses, along with the mounting cost of legal fees, often forces plaintiffs to settle their cases earlier than they might otherwise wish, just to end the financial hardship.

Non-recourse funding alleviates this financial burden by providing plaintiffs with immediate access to the funds they need to cover expenses while the case progresses. With these funds, plaintiffs can pay for medical bills, rent, utilities, or any other personal expenses, without feeling compelled to settle for less than what they deserve due to financial pressure.

This financial support is critical in complex wage and hour disputes, where the legal proceedings can last for months or even years. In wrongful termination cases, where plaintiffs may be fighting for their job back, or compensation for lost wages and emotional distress, the financial pressure can be overwhelming. Non-recourse funding gives plaintiffs the breathing room they need to wait for the case to unfold without the added stress of running out of money.

Is Non-Recourse Funding the Right Choice for You?

If you’re involved in a wage and hour or wrongful termination lawsuit in New York and are concerned about the financial strain of the litigation process, non-recourse funding could be the solution you’ve been searching for. It offers immediate financial relief and allows you to continue pursuing your case without the risk of accumulating debt if the outcome is not in your favor.

At Fast Funds, Inc., we are dedicated to helping plaintiffs in New York secure the funding they need to achieve justice. Our non-recourse funding options are designed to be flexible, transparent, and supportive, ensuring that you can focus on your legal battle without worrying about your finances.

Non-recourse funding is a vital tool for plaintiffs involved in wage and hour and wrongful termination cases in New York. It provides the financial support needed to continue fighting for justice, without the risk of repayment if the case is lost. By offering a straightforward application process and flexible funding options, non-recourse funding helps plaintiffs navigate the financial challenges of litigation, ensuring that they can focus on what matters most—winning their case.

If you’re ready to explore your non-recourse funding options, contact Fast Funds, Inc. today. We are here to help you get the financial support you need to move forward with your case and achieve the justice you deserve.

Call For A Free Consultation

(855) 576-3444

Lawsuit Funding

Non-Recourse Funding for Wage and Hour and Wrongful Termination Cases in New York