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We cannot imagine the pain and misery you are suffering if you have been injured in Hilo due to someone else’s negligence. We cannot heal your physical suffering. But our team of expert loan specialists here at High Rise Financial can help ease your financial burden by providing Hilo lawsuit loans.
Lawsuit loans, or Hawaii legal funding, are cash advances until your personal injury case is resolved. How can lawsuit loans assist you? These settlement loans can help to cover medical expenses, rent or mortgage payments, utility expenses, and other daily expenses that have accumulated.
Our lawsuit loan company funds many types of cases. Contact us today to find out whether you meet the eligibility requirements. Upon approval, you can access the financial support you need in as few as 24 hours.
Who Is Eligible for a Lawsuit Loan in Hilo, HI
You will be eligible for a settlement loan (also known as lawsuit funding or settlement funding) if you are a claimant or plaintiff in a lawsuit. You need to be at least 18 years old and expect an insurance settlement or trial judgment to qualify. We can provide pre-settlement funding for the following cases:
- Personal injury
- Employment or labor law violations
- Car accident claims
- Medical malpractice or nursing home abuse lawsuits
- Whistleblower claims
- Spinal cord injury lawsuits
- Construction accident lawsuits
- Workplace injuries
- Product liability cases
- Motorcycle accidents
- Transvaginal mesh claims
- Wrongful arrests
- Qui tam lawsuits
- Truck accidents
- Pedestrian accidents
- Dog bites
- Traumatic brain injury claims
- Jones Act claims
- Wrongful death
- Slip and fall accidents
- Hip implant lawsuits
We also provide lawsuit loans for cases that may not be included in the list above. Check out our settlement loan website to know more about the cases we fund. You can also call us to see if we can help you with legal funding.
To apply for free, call (877) 735-0016
How Long It Will Take in Hilo to Get Settlement Funding
The procedure for applying for a lawsuit loan is as follows. First, we will ask you for basic information regarding your claim. We do not have to run credit checks, inquire about job history, or question typical financial inquiries.
We only require details about your lawsuit and details about your attorney. We will then call your attorney to find out how your lawsuit is doing and ask for their view on your winning chances. Depending on the attorney’s schedule, this might take several days, however, it is generally quick.
Following that, we will make a deal tailored to your situation, and if approved, we can deposit pre-settlement funding into your account within 24-48 hours. Due to financial regulations on transfers, larger settlement loans may take longer to deposit. High Rise Financial provides Hilo residents with lawsuit loans ranging from as little as $500 to as high as $1,000,000!
Hilo Pre-Settlement Lons Lawyer Near Me (877) 735-0016
The Effect does Personal Injury Law Has on Legal Funding
Certain Hawaii personal injury laws could have a significant impact on your insurance settlement or trial verdict, and thus your pre-settlement loan in Hilo. It is important to understand these laws so you can prepare accordingly. Some of the most notable personal injury laws to bear in mind include:
The Statute of Limitations
The statute of limitations determines the time restriction for filing a personal injury lawsuit. Personal injury suits in Hawaii have a two-year statute of limitations following the date of the injury. Other cases, such as product liability or labor law violations, may require considerably more time to be filed.
You will also need to be aware of insurance claim deadlines. Insurance companies can set their own time limits on claims. If yours is not filed before the deadline expires, you will lose the right to pursue your case any further.
Modified Comparative Fault
Hawaii follows specific modified comparative negligence laws that govern whether or not a claimant may file a personal injury lawsuit under the state’s shared fault law, which includes a 51% bar. It states, “A plaintiff’s losses are reduced by the proportion of fault they have in their injury.” This implies that if you are 20% responsible, you will lose 20% of the compensation you might receive.
However, if you are more than 50% responsible for the injury, you will not be compensated. Furthermore, the other injured party might even pursue a claim against you. For this reason, it is crucial to have a dedicated personal injury attorney working on your case and protecting you from being taken advantage of.
Caps on Damages
Regarding medical malpractice lawsuits, Hawaii maintains a limit on damages that are non-economic. Hawaii state now caps damages that are non-economic for these sorts of claims at $375,000, apart from situations involving mental suffering. However, there is no cap on economic or non-economic damages in other types of personal injury lawsuits.
How Insurance Claims Are Handled
Hawaii is a no-fault insurance state. After an accident, you file a claim against your no-fault auto insurance policy, as these are supposed to compensate you for your damages without regard to liability for the accident. This means your lawsuit loan may be limited if you only carry the minimum amount of auto insurance coverage required under the law.
What If I do Not Win My Lawsuit?
If you do not win your lawsuit, you will not need to repay the legal funding you borrowed through a Hilo lawsuit loan. Remember that our settlement loans are non-recourse cash advances. A settlement loan is an excellent, almost risk-free option to borrow cash immediately while you await your compensation because you are not accountable for a non-recourse lawsuit loan.
Contact Us Today to Get Pre Settlement Funding
It is completely free to apply for our settlement loans. Please fill out our lawsuit loan application form online, which includes details about your lawsuit and how to contact your attorney. Our legal funding staff will review your settlement loan application and respond to all your queries.
After we accept your pre-settlement loan application and complete all paperwork, you might have pre-settlement funding in your account within a day. Do not hesitate to get started. For any questions, please contact us by phone or through our online contact form to speak with one of our expert loan specialists at High Rise Financial.
Call or text (877) 735-0016 or fill out our form to apply today for free.