New Jersey Lawsuit Loans

Can I Get a Lawsuit Loan in New Jersey?

Yes, you can obtain a lawsuit loan in New Jersey. Lawsuit funding companies, such as Mayfair Legal Funding, offer financial assistance to plaintiffs involved in legal disputes. These loans are non-recourse, meaning you only repay if you win your case.

If you’re involved in a legal battle in New Jersey and facing financial strain, lawsuit loans can be a valuable lifeline. In situations where you’re awaiting a settlement, these loans can provide the financial support you need to cover your immediate expenses while your case progresses.

New Jersey Lawsuit Loans FAQ's

At Mayfair Legal Funding, we believe in making the lawsuit loan process in New Jersey as straightforward and hassle-free as possible. We understand that our clients are already dealing with the complexities of their legal cases, so we aim to provide a seamless experience when it comes to obtaining the financial support you need.

Here’s a brief overview of our easy and efficient process:

  1. Application. Start by filling out our simple online application form. This form is designed to gather basic information about your case and funding requirements. It takes just a few minutes to complete.
  1. Evaluation. Our team of experienced professionals will review your application promptly. We’ll assess the merits of your case and the potential settlement or judgment you may receive.
  1. Approval. Once approved, you’ll receive a funding offer tailored to your specific needs. We take pride in offering competitive rates and flexible terms.
  1. Funding. Upon acceptance of our offer, you’ll receive your funds quickly. We aim to provide the financial support you need within 24 to 48 hours, helping you cover immediate expenses.
  1. Repayment. It’s important to note that our lawsuit loans are non-recourse, meaning you only repay if you win your case. There are no monthly payments or upfront fees. Repayment is directly tied to your settlement or judgment.
  1. Case Resolution. As your case progresses, and you eventually secure your settlement or judgment, your attorney will work with us to repay the agreed-upon amount from the proceeds. You don’t need to worry about repayment until your case is successfully resolved.

Our goal at Mayfair Legal Funding is to offer you a hassle-free and transparent lawsuit loan process in New Jersey. We’re here to provide the financial assistance you need, allowing you to focus on your case without the burden of immediate financial constraints.

At Mayfair Legal Funding, our commitment is to provide flexibility and assistance to our clients when they need it most. Our cash advances serve as a vital resource when you’re grappling with financial challenges while awaiting your settlement. These funds can be utilized to cover various everyday expenses, such as:

– Medical Bills

– Rent or Mortgage Payments

– Groceries and Household Expenses

– Utility Bills (Electricity, Water, Gas)

– Car Repairs and Maintenance

Our cash advances are designed to provide you with the financial freedom to address these essential expenses, ensuring that you can maintain stability and focus on your legal journey without added financial stress.

In New Jersey, personal injury law plays a crucial role in shaping the landscape of pre-settlement funding, and can also significantly impact personal injury claims and insurance lawsuits. Here are key points to consider:

Statute of Limitations

In New Jersey, you generally have two years from the date of the injury to file a personal injury lawsuit. Missing this deadline may result in the court rejecting your case unless exceptions apply.


Certain situations, such as injuries involving minors or individuals with mental disabilities, can extend the statute of limitations. Additionally, if the defendant leaves the state, the time of absence may not count towards the two-year limit.

Comparative Negligence

New Jersey follows a modified comparative negligence rule. If you’re partly at fault for the accident, your compensation can be reduced based on your percentage of fault. If you’re more than 50% at fault, you may not collect compensation from other at-fault parties.

Strict Liability for Dog Bites

New Jersey enforces strict liability for dog bite injuries, making dog owners responsible for bite-related injuries, regardless of the dog’s past behavior. Exceptions may apply, such as when the person bitten was trespassing.

“No Pay, No Play” Law for Car Accidents

New Jersey’s “No Pay, No Play” law penalizes uninsured drivers by limiting their ability to recover certain damages in lawsuits. Proof of insurance must be carried and penalties exist for driving without coverage.

New Jersey, operates as a no-fault insurance state, which signifies that in the event of a car accident, your auto insurance provider will cover your injuries (or the injuries of individuals covered by your policy) irrespective of who bears responsibility for the accident.

The car insurance system in New Jersey is described as a “choice” no-fault system, where drivers can select from different insurance options.

New Jersey mandates that vehicle owners have at least a “Basic Policy,” which combines personal injury protection (PIP) coverage for medical expenses with liability insurance. In this no-fault system, PIP coverage pays for medical expenses and economic losses, regardless of fault, but doesn’t cover non-monetary damages like “pain and suffering.”

Drivers can choose a “Standard Policy” for more coverage options, including bodily injury liability and the choice between a limited or unlimited right to sue for non-economic damages.

These legal aspects highlight the importance of partnering with a reputable pre-settlement funding provider that has knowledge of New Jersey’s personal injury laws and their impact on financial support to ensure that plaintiffs receive fair and transparent funding options that align with the state’s legal requirements.

About New Jersey Lawsuit Loans

Lawsuit loans, also known as pre-settlement funding or legal funding, are financial resources available to individuals involved in legal disputes. These loans serve as a crucial lifeline for plaintiffs who are facing financial constraints while awaiting the resolution of their legal cases.

The unique aspect of lawsuit loans is that they carry no risk to the borrower. Repayment is only required if you win your case, making it a low-risk financial option. These loans are not based on your credit history or income; instead, they hinge on the potential settlement or judgment you may receive from your lawsuit.

Lawsuit loans can be a vital tool to help you maintain financial stability during the often lengthy legal process. They provide you with the breathing room you need to fight for a fair resolution without worrying about the immediate financial burdens. Mayfair Legal Funding is dedicated to assisting plaintiffs in New Jersey by offering access to lawsuit loans tailored to their unique needs.

Mayfair Legal Funding Servicing New Jersey’s Cities

Mayfair Legal Funding is committed to assisting individuals navigating legal challenges in the major cities of New Jersey. We provide accessible pre-settlement funding services in the following cities across the state:

  • Newark
  • Jersey City
  • Paterson
  • Elizabeth
  • Edison
  • Woodbridge
  • Lakewood
  • Toms River
  • Hamilton Township
  • Trenton
  • Clifton
  • Camden
  • Brick Township
  • Cherry Hill
  • Passaic
  • Union City
  • Old Bridge Township
  • Middletown Township
  • Bayonne
  • Franklin Township
Types of Pre-Settlement Funding We Service

At Mayfair Legal Funding, we offer various types of pre-settlement funding to support plaintiffs in their legal journeys. Our pre-settlement funding services are designed to offer financial support to plaintiffs across a wide range of personal injury cases as they navigate their legal journeys. These cases encompass, among others:

Car Accidents

Slip and Fall Injuries

Medical Malpractice

Product Liability

Workplace Accidents

Wrongful Death

Our goal is to assist plaintiffs in these and other personal injury cases by offering tailored financial solutions that help them regain their financial stability while awaiting a fair settlement or judgment.

New Jersey Lawsuit Funding Laws and Regulations

In New Jersey, the laws and regulations surrounding lawsuit funding are designed to protect the interests of consumers and ensure fair practices within the industry.

One particular law that is of significance is the New Jersey New Local Civil Rule 7.1.1, or the Disclosure of Third-Party Litigation Funding. This rule mandates that parties disclose information about non-parties funding the litigation, including their identity, the need for their approval in litigation decisions or settlements, and the nature of their financial interest in the case’s outcome.

While the rule doesn’t require the production of actual agreements, it permits parties to request discovery of these agreements if they can show good cause. This rule applies to all pending cases in the New Jersey and aims to address concerns related to third-party litigation funding’s impact on civil litigation’s fairness and efficiency.

It’s essential for consumers in New Jersey to be aware of these laws and regulations when considering a lawsuit loan. Partnering with a reputable funding company that ensures that you receive transparent, fair, and compliant financial assistance while navigating the legal process.

Take Control of Your Legal Journey with Mayfair Legal Funding

Ready to secure the financial support you need during your legal battle in New Jersey? Contact Mayfair Legal Funding today at (888) 357-1338 and let us be your partner in achieving a fair resolution.

Top-Ranked New Jersey Personal Injury Lawyers

1. Anthony Carbone, Law Offices of Anthony Carbone

12 Oakland Avenue

Jersey City, NJ 07306


2. Diane L. Cardoso, Brady Reilly & Cardoso, LLC

241 Kearny Ave

Kearny, NJ 07032


3. Peter Michael, Peter Michael Law, LLC

567 Summit Ave

Jersey City, NJ 07306


4. Lloyd E. Bennett, The Law Offices of Lloyd E. Bennett, Esq., P.C.

4713 Bergenline Avenue

Union City, NJ 07087


Hiring a competent, experienced, and licensed injury attorney in New Jersey is paramount when you’re pursuing a personal injury claim. These legal professionals bring invaluable know-how to the table, ensuring that your rights are protected and that you have the best chance of obtaining fair compensation for your injuries.

Here’s why their role is crucial:

  • Legal Knowledge. Personal injury law is complex and varies from state to state. Competent attorneys are well-versed in New Jersey’s specific laws and regulations, giving you an advantage in navigating your case.
  • Case Evaluation. Experienced lawyers can accurately assess the merits of your claim, helping you understand the potential outcomes and guiding you on whether to pursue legal action.
  • Negotiation Skills. Attorneys negotiate with insurance companies and opposing parties to secure the best possible settlement. Their negotiation skills can significantly impact the compensation you receive.
  • Trial Representation. If your case goes to trial, having an experienced attorney by your side is essential. They can present a compelling case and advocate for your rights in the courtroom.
  • Legal Procedures. Navigating legal procedures, paperwork, and deadlines can be overwhelming. A licensed attorney ensures that all necessary steps are taken correctly and on time.
  • Peace of Mind. With a skilled attorney handling your case, you can focus on your recovery, knowing that your legal matters are in capable hands.

In New Jersey, where personal injury laws can be intricate, having a reputable attorney on your side can make all the difference in the outcome of your claim. They are your advocates, working tirelessly to help you obtain the compensation you deserve for your injuries and losses.

New Jersey Updated Auto Accident Statistics

According to the latest report by the National Highway Traffic Safety Administration, car accident statistics in New Jersey have raised concerns, with nationwide increases in traffic fatalities since 2019 reaching the highest percentage gains seen since the 1970s.

The COVID-19 pandemic led to a 23% increase in speeding-related deaths from 2019 to 2020, as reduced congestion tempted some drivers to speed. Additionally, the rate of drivers testing positive for opioids nearly doubled following March 2020.

In 2020, New Jersey reported 699 fatalities in car accidents, the highest since 2007. While fatalities have increased by approximately 30% when comparing 2022 to 2020, the number of cyclist and pedestrian deaths has remained relatively consistent, thanks in part to traffic safety initiatives like safe passing laws.

However, the number of fatal crashes and driver fatalities have contributed to the overall rise in car accident deaths, with 416 crashes reported through mid-August in 2022 compared to 314 in 2020.

Statistic 2020 2022 Change
Total Fatalities 699 +30%
Speeding-Related Deaths (2019 to 2020) +23%
Opioid-Positive Drivers (Post-March 2020) x2
Pedestrian & Cyclist Deaths Consistent
Fatal Crashes (Mid-August) 314 416 +32%
Driver Fatalities (Mid-August) 170 260 +53%

Staying informed about car accident statistics in New Jersey and nationwide is essential for fostering safer roadways, promoting responsible driving behaviors, and advocating for measures that can ultimately save lives and reduce accidents. It’s a shared responsibility that benefits both individuals and communities as a whole.

We’re here to assist you every step of the way, ensuring that you can focus on your case without the burden of financial stress. Don’t hesitate; reach out to us and take control of your legal journey!