State rules
Funders activeCase Equity in New Jersey.
ClaimAngel funders are active in New Jersey. One set rate: 27.8% simple, 2x cap at 46 months. If you don't win, you owe nothing back.
The industry calls this pre-settlement funding, legal funding, or a lawsuit loan. We call it Case Equity.
The short version
You can get funding in New Jersey. There is no state funding law, so your contract is what protects you. Read it, and ask for the rate in writing. Ours is public.
The facts
What New Jersey law says.
As of July 14, 2026
New Jersey has no funding-specific statute. A consumer funding bill with registration and fee caps, S1475, died at the end of the 2024-2025 session in January 2026. A pending disclosure bill, S2357, cleared Senate committee in June 2026, but it targets commercial litigation finance and expressly excludes funding intended solely for living expenses. Champerty does not exist in New Jersey, so funding agreements are enforceable under ordinary contract law.
Where the law stands
No statute. S1475 (Consumer Legal Funding Act) died January 12, 2026 without passage. S2357, reported from Senate committee June 8, 2026, would require disclosure of funding agreements to all parties and cap covered funders at 25% of recovery, but it excludes pre-settlement funding intended solely for living expenses and personal needs.
The courts
Polo v. Gotchel (N.J. Law Div. 1987): the doctrines of champerty and maintenance do not exist in New Jersey. Funding agreements stand or fall on ordinary contract principles.
For plaintiffs
- Funding is available and enforceable in New Jersey with no state-imposed caps or mandatory disclosures. The pending Trenton bill would not change that for living-expense funding.
For law firms
- Track S2357: it would make commercial funding agreements disclosable to all parties at the initial pleading. Living-expense consumer funding is carved out of the current draft.
Sources
- S2357 (2026) introduced text, New Jersey Legislature (accessed July 14, 2026)
- S1475 (2024) text, New Jersey Legislature (accessed July 14, 2026)
For educational purposes only, not legal advice. Laws change and courts reinterpret them. Check the dated sources on this page, and talk to a lawyer licensed in your state about your own case.
The questions
New Jersey funding, asked plainly.
Is pre-settlement funding legal in New Jersey?
Yes. You can get funding in New Jersey. There is no state funding law, so your contract is what protects you. Read it, and ask for the rate in writing. Ours is public. On ClaimAngel it is offered as Case Equity: one set rate, a hard cap, and nothing owed if you lose.
Can I get a lawsuit loan in New Jersey?
What the industry calls a lawsuit loan is not a loan: a loan bills you monthly and follows you if you lose, and this does neither. The accurate name for the modern product is Case Equity, money drawn from the value your case already holds. You can draw on your New Jersey case through ClaimAngel today, with no credit check and nothing owed if you lose.
How much does legal funding cost in New Jersey?
New Jersey does not set a state-specific price cap. On ClaimAngel the rate is public and the same everywhere we serve: 27.8% simple annual interest, never compounding, with a hard cap at 2x the draw plus financed fees. The calculator shows the exact payoff for your numbers, to the penny.
Is pre-settlement funding a loan?
No. A loan follows you if you lose and bills you along the way. Case Equity is non-recourse: money from the value of your case, repaid only out of a winning settlement. Lose the case, keep the money, owe nothing back.
What happens if I lose my case?
You owe nothing back. Non-recourse is the product, not fine print: the draw is repaid only from a settlement or judgment in your favor.
Ready when you are. Same set rate for every New Jersey case, and nothing owed if you don't win.