Legal-Bay Pre Settlement Funding Firm Reports Record $1 Bil. In Settlement Payouts In New York City For 2016

VERONA, N.J., Nov. 2, 2017 /PRNewswire/ -- Legal-Bay LLC, The Pre-Settlement Lawsuit Settlement Funding Company, reports today that they are focusing a large portion of their pre-settlement cash advance towards funding capital toward plaintiffs in the New York City area. In light of the record $1 billion in settlements and judgments handed down, the company says there are many New York residents who have active claims and need funds for living expenses until their cases settle.

Here's a breakdown of case type, number of claims, and total payouts:

$161MM went to 1,333 plaintiffs for Civil Rights Cases. These cases mainly involve wrongful convictions and discrimination.

$101MM went to 230 plaintiffs for Medical Malpractice Claims throughout city hospitals and medical facilities.

$100MM went to 2,486 plaintiff for Police wrongdoing or police brutality cases.

$94MM went to 2,570 plaintiffs for City Vehicle Collisions or car or truck accidents.

$62MM went to 1100 plaintiffs for defective roadways, slip and fall accidents, and defective sidewalks

$70MM went to 800 plaintiffs for City School and public building incidents, as well as City Employee suits for wrongful termination.

$14MM went to 600 plaintiffs for City Jails incidents.

Chris Janish, CEO of Legal-Bay commented on the statistics, "We all understand that New York is the most vibrant city in the world, so accidents are going to happen. However, what is alarming is the staggering amounts of money paid out to victims of wrongful conviction or imprisonment, police brutality cases, and lastly, jail incidents which are mostly involving inmates on Riker's Island. We will continue to aid these victims as we have done so in the past, since even the strongest lawsuits against the city take many years to settle in order for plaintiffs to ultimately get their full settlement value." 

If you are involved in a pending lawsuit and need lawsuit money now, you may apply at: http://lawsuitssettlementfunding.com. 

Legal-Bay is a lawsuit funding company that provides financial assistance to people who have recently retained a lawyer, and can provide cash advances (sometimes referred to as a lawsuit loan or lawsuit loans by plaintiffs) while cases are tied up in litigation. These pre settlement funds can assist people dealing with lost pay, lost benefits, emotional stress, punitive damages, and legal fees. They are committed to helping victims of wrongful conviction or death, hospital or medical malpractice, and police brutality or prison violence, and specialize in lawsuit funding for plaintiffs in civil rights cases, personal injury or car accident cases, as well as wrongful termination, sexual harassment or discrimination in workplace, and any civil cases where the plaintiff has a lawyer.

Legal-Bay's programs are non-recourse lawsuit cash advances, also known as case funding, which means you only repay the settlement advance if you win your case. None of the programs should be considered to be a lawsuit loan, lawsuit loans, settlement loans, settlement loan, pre settlement loans, pre-settlement loans, pre settlement loan or a pre-settlement loan.

Legal-Bay can assist you right now with a pre-settlement cash advance on your lawsuit while you are fighting your case. To apply now, go to the company's website at: http://lawsuitssettlementfunding.com

SOURCE Legal-Bay LLC