Hawaii Commercial Vehicle Accident Loans

  • Get Cash as Soon as the Same Business Day
  • Rates as Low as 2.5% Simple, Monthly
  • Repay $0 if You Lose Your Case

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    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 (800) 340-4973 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.

    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

    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 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.

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

    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.

    Get Started

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

    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.

    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:

    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.

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

    Apply now for a free consultation