Legal-Bay Pre Settlement Funding Company reports: New York Archdiocese Pays Sexual Abuse Victims $40 Million

Large payouts of all sexual harassment and abuses expected to rise in light of Harvey Weinstein, Matt Lauer, and other major sex cases dominating the news.

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Legal-Bay LLC

Dec 11, 2017, 06:35 ET

VERONA, N.J., Dec. 11, 2017 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Pre Settlement Funding Company, reports today that the New York Archdiocese has paid out over 40 million dollars in compensation to 189 victims of clergy sexual abuse this year alone. The average claim comes to just over $211,000 per plaintiff. The payouts are a result of the Independent Reconciliation and Compensation Program, which was put into place earlier this year to address the multiple accusations against the New York Diocese. While the deadline for filing suit through the IRCP ended on November 30, some additional claims are still being processed.

Legal-Bay is an advocate for victims of sexual abuse across the country, and is well-versed in abuse litigation, especially in situations where some of the Catholic churches have filed for bankruptcy to limit their payouts. Even in those cases, the pre settlement cash company was able to assist with providing lawsuit money to victims. Legal-Bay has funded these types of cases in New York, New Jersey, Wisconsin, Pennsylvania, Texas, Florida, California, Ohio, and Hawaii. As the pre-settlement funding leader, they can offer financial assistance for people with active lawsuits as they wait for their cases to settle.

Chris Janish, CEO, commented on the company's focus of assisting plaintiffs in similar situations, "We are happy to see that once the deadline for filing new claims had passed that the Archdiocese quickly settled these horrific sex abuse claims. Unfortunately, these settlements are all too common nowadays, and with the current environment for sexual harassment cases increasing every day, Legal-Bay has been one of the best lawsuit funding companies for sexual assault victims. That commitment will not change moving forward."

Legal-Bay is committed to aiding victims involved in such cases so that they can pay bills and live their lives in dignity while they wait for their settlement. Any funds received are obtained risk-free, since the funds only need to be repaid if the plaintiff is ultimately successful in collecting their money. For more information on the lawsuit funding programs and a complete list of cases Legal-Bay funds, including clergy or Catholic Church sexual abuse cases, sexual harassment in the workplace, prison rape cases, police brutality, video or text sex harassment, rape in group homes and other sex crime and commercial litigation cases, wrongful termination, discrimination or whistle blower cases, please visit the company's website at: http://lawsuitssettlementfunding.com

If you or a loved one require immediate cash advance settlement funding, feel free to call Legal-Bay on its toll-free hotline at: 877.571.0405, where live agents are available to take a funding application.

Although many clients refer to cash advances as lawsuit loans or loans for lawsuit, Legal-Bay is not a lawsuit loan company or considered to be a one of the settlement loan companies. 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, or a pre-settlement loan.

Source: Legal-Bay LLC