Hawaii Commercial Vehicle Accident Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
Apply in Seconds
What Are Commercial Vehicle Accident Loans in Hawaii
Commercial vehicle accident loans in Hawaii are simply cash advances made available to plaintiffs awaiting resolution of their car accident lawsuits. They provide financial assistance to accident victims to cover various expenses, from medical costs to everyday living expenses. This kind of financial aid is also known as a “lawsuit loan” or “pre-settlement funding.”
A crucial point to grasp regarding these accident loans is that they operate on a non-recourse basis. Non-recourse means that the plaintiff is obligated to repay the advance only if they win their lawsuit and receive a settlement. If the case does not result in a favorable outcome for the plaintiff, they owe nothing back to the funding company. In other words, with a non-recourse advance, the risk is entirely on the side of LawsuitLoans.io.
To apply for such a loan, plaintiffs can use the online funding application located at LawsuitLoans.io funding application. Or, they may call the toll-free phone number (866) 594-1343 for further assistance.
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.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
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
If you’ve been involved in a car accident in Hawaii, you might be facing a lengthy legal process before you receive any financial compensation. During this time, you might find that you need some financial aid to cover your immediate expenses. That’s where car accident loans come in. They are a type of funding that LawsuitLoans.io can provide to plaintiffs in Hawaii who are waiting for their car accident case to be resolved.
|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 Commercial Vehicle Accident Loan in Hawaii?
If you’re considering a commercial vehicle accident lawsuit loan, there are some eligibility criteria you need to understand. Unlike other loans, the good news is that it’s quite straightforward to be eligible for this type of financial aid.
For every commercial vehicle accident claim, a high insurance policy or self-insured entity is always involved. This often implies that the risk of non-payment is minimized, hence making it easier for the plaintiff to qualify for a loan.
The other component for eligibility hinges on your legal representation. The plaintiff must have an attorney hired on a contingency basis. This means your lawyer agrees to get paid only when they win the case. This arrangement presents a signal of confidence in the case, which again boosts your chances for a loan approval.
Last but not least, you must be 18 years old or above to qualify for a commercial vehicle accident loan in Hawaii. While this might seem obvious, it is always important to confirm the age requirement when considering this type of financial assistance.
In conclusion, becoming qualified for a commercial vehicle accident loan hinges upon the type of your accident claim, who represents your legal interests, and your age.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your savings and cost when you choose LawsuitLoans.io. While we sometimes offer interest rates as low as 2.5%, our calculator assumes an interest rate of 2.9%. This calculator is illustrative – please contact us for an instant, written quote for your request.
Months Until Settlement:
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Commercial Vehicle Accident Loan Process in Hawaii
If you are involved in a commercial vehicle accident and have filed a lawsuit, you might be eligible for a lawsuit loan. Here’s a simple breakdown of how it works:
- Apply Online: Submit your application on our website. You will provide basic personal information, along with details about the case and your attorney.
- We Contact Your Law Firm: After your application is submitted, we will get in touch with your attorney to further understand your case.
- We Review Your Case: Once we have all the necessary details, we asses your case. It is done to determine if the loan can be approved or not.
- You Sign A Contract: If your loan is approved, we send you a contract. You and your attorney review and sign it.
- You Get Funds: Once the contract is signed, the funds are sent to you. You can use it while waiting for your case’s settlement.
Let’s illustrate this with an example. John, a plaintiff from Hawaii, was injured in a commercial vehicle accident due to a driver’s negligence. As his legal case was ongoing, he found himself struggling to deal with the financial pressures of medical bills and loss of income.
John applied online for a lawsuit loan with LawsuitLoans.io. After reviewing his case and contacting his law firm, his application was approved. John signed the contract and received the funds he needed to manage his finances during this challenging time.
This process is common for many plaintiffs like John who turn to LawsuitLoans.io for financial assistance while awaiting their case’s resolution.
Apply today and get funds as soon as the same day you apply!
How Much Money Can I Get From my Commercial Vehicle Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can vary widely. They could be as low as $500 or as high as $1,000,000+. The amount we can advance depends on your expected share of the settlement. If your case is still going on, we can offer a maximum of 25% of what you’re expected to receive. If your case has already been settled, we can offer up to 50% of your payout.
Here’s an example: A person in Hawaii is part of a commercial vehicle accident lawsuit. Their claim is valued at $500,000. However, the case will not be settled for some time. Typically, around one third of the settlement goes to medical providers, and another 3rd goes to the attorney. This leaves the plaintiff, or the person suing, with around $170,000. LawsuitLoans.io can then advance approximately 25% of this, which equates to $42,500.
What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in Hawaii?
There are several types of commercial vehicles in Hawaii that often play a role in the cases we fund. Let’s take a closer look at some of these vehicles:
- Buses: These include school buses, tour buses, and public city buses. Bus accidents can have severe outcomes due to the number of passengers involved and the size of the buses.
- Delivery Vans: Small businesses and large corporations use delivery vans to transport goods across Hawaii. Accidents involving these vehicles can lead to significant claims due to the potential damage caused.
- Construction Vehicles: These include cranes, dump trucks, and bulldozers. Accidents involving construction vehicles often cause extensive harm because of these vehicles’ size and weight.
- Taxis: Often found in busy urban areas, accidents involving taxis can lead to serious injuries given the lack of safety measures in many taxi vehicles.
- Rental Trucks: Rental truck accidents can be complex, as they typically involve more than one insurance company.
It’s important to note, however, that our funding is not limited to these types of commercial vehicle accidents. At LawsuitLoans.io, we assist plaintiffs with personal injury and legal claims from car accidents involving any type of privately or commercially used vehicle. We strive to provide pre-settlement funding to those who need it, regardless of the type of vehicle involved in their case.
Get $500 – $100,000 as soon as today
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 day you apply with us.
Major Cities we Serve in Hawaii
The team at LawsuitLoans.io is proud to serve plaintiffs from every corner of the Hawaiin Islands. This includes residents from all major cities in Hawaii, and throughout the nation. Here are the top 10 cities in Hawaii by population:
- Pearl City
- Mililani Town
- Ewa Gentry
No matter where you live in Hawaii, from the bustling streets of Honolulu to the tranquil beaches of Kihei, LawsuitLoans.io has got your back. Please explore our website at LawsuitLoans.io, call our toll free number (866) 594-1343, or fill our application at LawsuitLoans.io funding application to learn about our pre-settlement funding services.
Roadway Accident Cases we Fund in Hawaii
At LawsuitLoans.io, we cater to almost all types of roadway accident cases in Hawaii. Our funding opportunities extend to:
- Bicycle Accident Loans: For those involved in bicycle accidents due to negligent drivers.
- Car Accident Loans: We provide loans for cases involving car accidents.
- Commercial Vehicle Accident Loans: Assistance for legal claims related to commercial vehicle accidents.
- Semi Truck Accident Loans: Funding solutions for semi-truck collision cases.
- Government Vehicle Accident Loans: Support for legal cases involving government vehicles.
- Motorcycle Accident Loans: Catering to the needs of motorbike accident victims.
- Pedestrian Accident Loans: Financial aid for pedestrian-involved accident cases.
- Rideshare Accident Loans: Here to help victims of rideshare accidents secure funding.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Hawaii Commercial Vehicle Accident Funding FAQs
If you’re a Hawaii resident who’s been involved in a commercial vehicle accident, you likely have many questions. Below, we’re addressing some of the most frequently asked questions about getting lawsuit funding for such cases.
How much does it cost to get a commercial vehicle accident lawsuit loan?
The cost of getting a lawsuit loan varies based on numerous factors. At LawsuitLoans.io, we offer clear, transparent pricing and we strive to provide financial solutions that are affordable and fair. For more detailed information, you can visit our website or reach us at our toll or free phone number (866) 594-1343.
Do I qualify for a lawsuit loan on my commercial vehicle accident case?
Your eligibility for a lawsuit loan is determined based on the merits of your legal claim. If your case is strong and likely to result in a settlement or judgment in your favor, you are likely to qualify for funding. You can start the process by filling out our application.
Can you get a loan on a commercial vehicle accident settlement?
Yes, you can. If you have a pending or settled commercial vehicle accident lawsuit, you may be eligible to get a lawsuit loan. This is a non-recourse loan, which means you only repay if you win your case. If you don’t win, you owe us nothing.