Hawaii Car Accident Loans

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  • Rates as Low as 2.5% Simple, Monthly
  • Repay $0 if You Lose Your Case
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    What Are Car Accident Loans in Hawaii

    Car accident loans are a type of financial help offered to individuals who have filed a car accident lawsuit and are waiting for their case to resolve. These are not typical loans; instead, they are payments made in advance of the potential settlement that might come from the case. A unique feature of these “loans” is that they are non-recourse. This term means if the plaintiff doesn’t win the case, they don’t have to pay back the funding company.

    So how does it work? When a plaintiff gets involved in a car accident, they have to take legal action to receive compensation for their damages and loss. This process can take a long time, sometimes years. Waiting for the settlement while dealing with the financial strain caused by the accident can be challenging. This is where a car accident loan steps in.

    Let’s take an example. Josef, a resident of Hawaii, was injured in a car accident. Due to his injuries, he was unable to work and faced mounting bills. To alleviate his financial stress, he applies for a car accident loan from LawsuitLoans.io. They review his case and decide to provide him an advance on his potential settlement. He then uses this money to support himself and his family during the long wait for his lawsuit to conclude.

    The key point here is that Josef isn’t under any obligation to repay the amount if his case doesn’t win. Given the uncertain nature of lawsuits, this feature provides a safety net for plaintiffs.

    How Lawsuit Loans Work

    Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.

    Telephone Icon - Starting the process is easy, just apply online or call toll free

    Apply Online or Call Toll-Free

    Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.

    Review Icon - We quickly review your legal case.

    We Review Your Case

    Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.

    Money Bag Icon - Once we approve your case, you and your attorney sign the contract and you get cash the same day

    You Receive Funds

    You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.

    Key Information About Car Accident Loans in Hawaii

    Car accident loans offer financial support to plaintiffs involved in personal injury cases due to car accidents in Hawaii. This loan helps them manage their expenses while they wait for their lawsuit settlement. Legal funding in Hawaii works differently than in other states due to the varied legal landscape and laws related to car accidents. Here’s an overview:

    Average car accident loan amount by LawsuitLoans.io in Hawaii Not enough data available
    Largest car accident loan by LawsuitLoans.io in Hawaii Not enough data available
    Average interest rate in Hawaii Not enough data available
    Median personal injury verdict in Hawaii $30,000 to $300,000
    Hawaii statute of limitations 2 Years; Hawaii Revised Statutes Section 657-7.3
    Hawaii fault laws Hawaii is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident.

    Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

    Am I Eligible for a Car Accident Loan in Hawaii?

    If you are involved in a car accident in Hawaii, you might be eligible to apply for a lawsuit loan. This can be a financial lifeline as you wait for your case to get resolved. But, what makes someone eligible for this kind of loan? Here are the primary criteria:

    • You must have a valid legal claim against an insurance or self insured company.
    • You must have hired an attorney who works on a contingency fee basis. This means the attorney only gets paid if they win your case.
    • You must be at least 18 years of age.

    These criteria ensure that lawsuit loans are given to those who are in genuine need and have a strong chance of winning their case.

    Get an Instant Quote

    Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.

    Advance Amount:

    Months Until Settlement:

    $2,900

    Total Cost

    Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.

    $1,697

    Your Savings

    Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.

    33%

    Percent Savings

    Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.

    Car Accident Loan Process in Hawaii

    Auto accident loans are straightforward and designed to be hassle-free. They are meant to help those injured in car accidents in need of financial support during their pending lawsuit. This type of loan involves five main steps:

    1. Apply online: Start the process on our website at LawsuitLoans.io funding application.
    2. We contact your law firm: We work directly with your attorney to gather all the necessary information about your case.
    3. We review your case: Our underwriting team will carefully review the facts of your case and decide on the loan amount.
    4. You sign a contract: Once your application is approved, we will send the legal agreement for you to sign and return.
    5. You get funds: As soon as the paperwork is completed, the funds will be transferred to you. This can often happen within 24 hours!

    Now, imagine you’re Jane Doe, a resident of Hawaii who was recently injured in a car accident. You’ve decided you need financial assistance while waiting for your lawsuit to resolve. You apply for a pre-settlement loan on our website. Shortly after applying, we begin communicating with your law firm to ensure all details of your case are clearly understood. Once your case has been reviewed and approved, you sign the contract that we’ve sent to you. Finally, you receive your funds, relieving you of financial stress as you continue to recover and fight for justice.

    Get Started

    Apply today and get funds in as little as 24 hours!

    Roadway Accident Cases we Fund in Hawaii

    If you are involved in an almost any type of roadway accident in Hawaii, we can help provide the funding you need while you wait for your case to resolve. Here are some of the cases we fund:

    • Bicycle Accident Loans: We fund loans for bicycle accidents in Hawaii. If a vehicle hit your bike or caused you to crash it – we can help.
    • Car Accident Loans: If you’ve been injured in a car accident in Hawaii, we can aid in providing loans to help you manage your finances.
    • Commercial Vehicle Accident Loans: Accidents involving commercial vehicles are often severe. We provide funding for such cases too.
    • Government Vehicle Accident Loans: Confronting government entities can be daunting. We offer financial support for these cases as well.
    • Motorcycle Accident Loans: We understand motorcycles are more prone to serious accidents. We provide funding if you’re involved in one in Hawaii.
    • Pedestrian Accident Loans: If you’ve been hit by a vehicle while on foot, we can help financially support your legal pursuit.
    • Rideshare Accident Loans: Accidents involving rideshare services like Uber and Lyft can be complicated. We offer financial assistance for these cases.
    • Semi-Truck Accident Loans: Semi-truck accidents often result in significant damages. Our loans can provide the finances needed to pursue your case.

    How Much Money Can I Get From my Car Accident Pre-settlement Loan?

    Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. They can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, they can offer 50% of your expected portion of the settlement.

    To give you an example, let’s consider a Hawaii plaintiff in a car accident case with an estimated value of $50,000. The case is still underway and will not settle for some time. As a general rule of thumb, medical providers receive around 1/3 of the settlement, the attorney takes another 1/3, leaving the plaintiff with approximately $17,000. LawsuitLoans.io can then advance up to 25% of that amount or $4,250.

    Get $500 – $500,000 in as Little as a Single Business Day!

    We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.

    Major Cities we Serve in Hawaii

    LawsuitLoans.io is proud to serve residents throughout the United States with our pre-settlement funding services. Our reach extends across all states, including Hawaii. If you are a resident in Hawaii waiting for your personal injury or other legal claims to resolve, we are here to help.

    Below is a list of the top 10 cities in Hawaii by population where we provide lawsuit loans:

    1. Honolulu
    2. Pearl City
    3. Hilo
    4. Waipahu
    5. Kaneohe
    6. East Honolulu
    7. Ewa Gentry
    8. Mililani Town
    9. Kahului
    10. ‘Ewa Beach

    Please note that LawsuitLoans.io provides funding for residents in all cities in Hawaii and nationwide. To see if you qualify, visit our application page or call us toll-free at (800) 340-4973. We’re ready to assist you in your time of need.

    Hawaii Car Accident Funding FAQs

    If you are a resident of Hawaii and have been in a car accident, you may have questions about possible funding options while you wait for your case to resolve. We have answers to your frequently asked questions about lawsuit loans on car accident cases.

    Q1: How much does it cost to get a car accident lawsuit loan?

    A: The cost of a lawsuit loan depends on various factors like the size of your expected settlement and the duration of your case. Each case is different. Contact us at (800) 340-4973 or apply online at LawsuitLoans.io funding application to discuss your specific case.

    Q2: Do I qualify for a lawsuit loan on my car accident case?

    A: If you have a personal injury claim from a car accident and are represented by an attorney, you likely qualify for a pre-settlement lawsuit loan. However, every case is unique, so the best way to know for sure is to contact us directly.

    Q3: Can you get a loan on a car accident settlement?

    A: Yes, you can get a loan while awaiting settlement from a car accident case. This type of loan is not based on your credit or employment history but rather on the strength and value of your lawsuit.

    Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

    Cities we Service in Hawaii

    LawsuitLoans.io provides funding throughout Hawaii. See more about our funding in Hawaii by visiting the city pages below:

    Other Cases we Fund in Hawaii

    LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Hawaii. Read more about the personal injury cases we fund in Hawaii here:

    Read more about the roadway accident claims we fund in Hawaii here:

    Get Started

    Apply today and get funds in as little as 24 hours!

    Apply now for a free consultation