Legal Funding in Hilo
We can’t imagine the pain and misery you’re suffering from if you’ve been injured in Hilo due to someone else’s negligence. While we can’t heal your suffering physically, here at High Rise Financial, we can help ease your financial burden by providing Hilo lawsuit loans.
Lawsuit loans, also known as lawsuit funding, are cash advances until your personal injury case is resolved. How can lawsuit loans assist you? These pre settlement loans can help to cover medical expenses, rent or mortgage payments, utility expenses, and other daily expenses that have accumulated.
Who is Eligible for a Lawsuit Loan in Hilo?
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. We will provide pre settlement funding for the following cases:
- Personal injury
- Employment or labor law violations
- Car accident claims
- Workplace injury
- Product liability
- Wrongful arrests
We also provide lawsuit loans for cases that aren’t listed above. Check out our settlement loan website to know more about the cases we fund. You can also give us a call to see if we can help you with legal funding.
How Long Will It 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 any typical financial inquiries. We only require details about your lawsuit and details about your attorney.
We’ll then call your attorney to find out how your lawsuit is doing and ask their view on your winning chances. Depending on the attorney’s schedule, this might take several days: however, it’s generally quick.
Following that, we will make a deal tailored to your situation, and if approved, we can deposit presettlement funding into your account within 24-48 hours. Due to financial regulations on transfers, larger settlement loans would take longer to deposit. High Rise Financial provides Hilo residents with lawsuit loans ranging from $500 to $1000000!
What Effect Does Personal Injury Law Have on Legal Funding?
Statute of limitations (SOLs) 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 forms of cases, such as product liability or labor law violations, may require considerably more time to be filed.
Furthermore, Hawaii’s negligence laws govern whether or not a claimant may file a personal injury lawsuit under Modified Comparative Fault Law-51% bar. It states that “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. But, if you are more than 50% responsible for the injury, you will not be compensated.
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.
What If I Don’t Win My Lawsuit?
If you don’t win your lawsuit, you do not have to repay the presettlement 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. For any questions, please contact us at (866) 407-6404.