Hawaii Personal Injury Loans
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- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
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What is a Personal Injury Lawsuit Loan and How Does it Work in Hawaii
A personal injury lawsuit loan, also known as pre-settlement funding, is a financial transaction that allows a plaintiff to receive an advance on their potential lawsuit settlement. These funds can help manage the financial stress tied to personal injury cases.
Lawsuit loans work by providing immediate funds to plaintiffs who are currently in the middle of a claim. The loan amount is based on the expected settlement the plaintiff might receive. Importantly, this is a non-recourse loan, which means if the case does not win, the plaintiff owes nothing back.
For example, let’s take a situation involving a individual named John Doe from Hawaii. John got severely injured in a car accident caused by negligent driving. It becomes a personal injury case for which he claims compensation. But, as the legal proceedings can be time-consuming, it puts John in a financial crunch. Here, a personal injury lawsuit loan from LawsuitLoans.io can provide an advance from his expected settlement. This advance helps him cover bills and expenses until his case is finally resolved.
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.
Hawaii Personal Injury Lawsuit Loan Information
If you find yourself involved in a personal injury lawsuit in Hawaii, obtaining financial relief through a lawsuit loan might be on your mind. To help you understand the process, we have consolidated key information about personal injury loans in Hawaii provided by LawsuitLoans.io. This table below summarizes our presence and services in the state, including average loan amounts, largest loans, and more. Please note that LawsuitLoans.io collects data to provide as accurate an overview as possible, although some information may still be pending.
|Average personal injury loan amount by LawsuitLoans.io in Hawaii||Not enough data available|
|Largest personal injury loan by LawsuitLoans.io in Hawaii||Not enough data available|
|LawsuitLoans.io average semi-annual rate for personal injury loans 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 Personal Injury Lawsuit Loan in Hawaii?
When it comes to qualifying for a personal injury lawsuit loan in Hawaii, there are specific eligibility criteria that must be met. The most crucial elements include having a valid legal claim against either an insurance company, self-employed company, or large public entity. This is important as the funding offered by LawsuitLoans.io is directly based on the potential outcome of your legal claim.
In addition to this, you are also required to be legally represented by an attorney. They play a critical role in evaluating the strength of your claim and negotiating settlement terms on your behalf. It’s essential to note that LawsuitLoans.io does not work with plaintiffs who do not have legal representation.
The final criteria is that you must be at least 18 years old. This age limit ensures that applicants for a lawsuit loan are legally able to enter into a contract under Hawaii’s law. If you meet these primary eligibility requirements, you stand a good chance of securing pre-settlement funding from LawsuitLoans.io.
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.
How Much Money Can I Get From my Personal Injury Lawsuit Loan?
Personal injury lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. We are able to advance a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled personal injury cases, we can offer you up to 50% of your expected portion of the settlement.
Let’s take an example of a plaintiff in Hawaii pursuing a premises liability claim with an estimated value of $200,000. Suppose the client is still receiving treatment for their injuries and the case may take another year to resolve. Typically, medical providers get paid about one-third of the settlement, the attorney takes another one-third of the settlement. This means the plaintiff could receive around $65,000. In this scenario, we can provide an advance of 25% of the $65,000 which comes to around $16,250.
Apply today and get funds as soon as the same day you apply!
How Can I Use the Money From my Personal Injury Loan?
If you’re a plaintiff with an ongoing legal claim, you might be wondering what you can use your personal injury loan for. When you secure pre-settlement funding from Companies like LawsuitLoans.io, you gain the financial freedom to cover critical costs during a potentially challenging time.
Your personal injury loan can be used to meet living and medical expenses while your case runs its course. You could use this money to pay for rent or mortgage, utility bills, groceries, car payments, and childcare. Essentially, these funds serve as a lifeline to keep up with your regular lifestyle and financial obligations.
Regarding medical expenses, the funds can be put towards doctor visits, prescriptions, surgeries, physical therapy, and any other health-related expenses. Being able to comfortably afford your healthcare can dramatically ease the stress of dealing with your legal case.
However, it’s crucial to understand that the funds acquired through personal injury loans cannot be used to finance litigation or legal case expenses. Pre-settlement funding is designed to help you survive financially while your lawsuit is being settled, not to fund the lawsuit itself.
Most Common Personal Injury Claims we Fund in Hawaii
We provide funding for a wide range of case types in Hawaii. The most common ones include:
- Car accidents: These are cases where an individual is injured due to a vehicle mishap caused by someone else’s negligence.
- Commercial vehicle accidents: This includes situations where a person gets injured in an accident involving commercial vehicles like trucks and busses.
- Any other roadway accident: We fund all types of roadway accidents not just limited to cars and commercial vehicles.
- Premises liability claims: These claims arise when an injury occurs on someone else’s property because of unsafe or defective conditions.
- Medical malpractice: If a healthcare provider does not provide treatment to the standard level of care and causes injury or death, the victim can file for medical malpractice.
- Work injuries: Any harm that comes to a person due to actions at their workplace or during work hours go under this category.
- Slip and fall claims: When an individual slips, trips, or falls and is injured on someone else’s property, it falls within this sphere.
- Dog bite lawsuits: Any cases where an individual is bitten by a dog, and the owner can be held liable.
- Wrongful death claims: When a person’s death is caused by somebody else’s negligence or wrongdoing, wrongful death claims can be made by the deceased’s family members.
- Police misconduct: If law enforcement officers violate a citizen’s legal rights, the victim can file a police misconduct lawsuit.
In addition to these, we also fund almost any personal injury claim. Reach out to us for more information.
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.
Our Personal Injury Loan Process
The lawsuit loan process we follow at LawsuitLoans.io is straightforward and efficient. We strive to provide quick financial help to plaintiffs involved in personal injury lawsuits or other legal claims. The process involves five main steps:
- Apply Online: Head over to our website LawsuitLoans.io funding application and fill out a simple form. It only takes a few minutes to complete.
- We Contact Your Law Firm: Once we receive your form, we promptly reach out to your law firm to get more information about your case.
- We Review Your Case: Our team of experts thoroughly analyzes your case details provided by your law firm to assess the merit of your claim.
- You Sign a Contract: If your case qualifies for a lawsuit loan, we forward a contract for you to sign. This document outlines all the terms of the loan.
- You Get Funds: After the contract is signed and returned to us, the funding process begins immediately. Depending on the mode of transfer, you may receive the funds between 24 to 48 hours.
Let’s take an example of a plaintiff named John. John suffered personal injuries from a car accident and was unable to work. His attorney filed a lawsuit, but while waiting for his case to resolve, John’s financial stress increased. He learned about lawsuit loans and decided to apply. John applied online via the LawsuitLoans.io funding application. Our team contacted his law firm, reviewed his case, sent him a contract which he signed. Within a short span of time, John received the funds he needed. The lawsuit loan eased his financial stress so he could focus on recovery and his case.
Why Choose LawsuitLoans.io for Pre-settlement and Post-settlement Injury Loans
When it comes to finding financial support during a legal process, one name stands out: LawsuitLoans.io. This pre-settlement funding company provides plaintiffs with an option to secure funds while they wait for the resolution of their case.
Why choose LawsuitLoans.io for your pre- and post-settlement injury loans? Here are some reasons:
- Low, Simple Rates: With rates starting as low as 2.5% per month, the financial plan is simple and affordable.
- Fast Approval: We understand that time is crucial during a lawsuit. That’s why we aim to facilitate fast approval, possibly on the same day of your application.
- Capped Repayment Terms: Unlike other loan facilities, we ensure that interest stops accruing after a certain date. That means no unfair surprise costs for you even if settlement takes longer than expected.
- Transparency & Client-first Approach: At LawsuitLoans.io, we prioritise transparency and the welfare of our clients, providing upfront information about all charges and terms. This client-first approach defines our pre-settlement funding process.
Ready to make a move? Feel free to contact us through our toll-free number (866) 594-1343 or start your funding journey by completing the LawsuitLoans.io funding application online.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Hawaii Pre-Settlement Funding FAQs
As a Hawaii resident, you might have several questions about pre-settlement funding. Here are some frequently asked questions and their straightforward answers.
How much do personal injury advances cost?
Personal injury advances, often termed as “lawsuit loans,” differ in cost. Factors like the complexity of your case and its total worth can affect these costs. However, rest assured that with LawsuitLoans.io, you’ll get competitive rates. We believe in fairness and transparency.
Do I qualify for a lawsuit loan?
Most individuals pursuing a legal claim due to personal injury qualify for a lawsuit loan. At LawsuitLoans.io, we assess applications on a case-by-case basis. Get started today by applying through our LawsuitLoans.io funding application.
Is pre-settlement funding worth it?
Pre-settlement funding can indeed be worth it. It provides financial relief while you wait for your case to resolve. This means bills get paid, and life goes on despite pending litigation. Remember, our goal at LawsuitLoans.io is to help plaintiffs navigate financial challenges during their lawsuit process. Contact us at our toll free number (866) 594-1343 for more information.