Getting into an accident or suffering from injuries which is not your fault is always frustrating and painful. If you suffered an injury that was not your fault and the other party’s negligence caused you the damage, you can file a case against them in Hawaii. Filing a lawsuit is just the initial step; you must wait months and years to get a settlement offer. In the meantime, many plaintiffs need money to cover the litigation expenses; they can use the Hawaii pre-settlement funding to cover the expenses of the lawsuit and use the money for medical bills.
An injury doesn’t just affect you physically; it can also hamper your financial condition. Think of an injury that can force you to stop working because you got disabled or you have to stay out of a job for months. In these times, you still have to cover the bills and your day-to-day expenses. We understand that managing all the expenses for a plaintiff gets tough. Therefore, we offer pre-settlement loans in Hawaii up to $250,000, which only a plaintiff with an active lawsuit can get.
Further, pre-settlement loans are risk-free cash. You are getting money in exchange for a portion of your expected future settlement. Therefore, if you win the case, you repay, and if you don’t, you have no obligation to pay anything. This feature of legal funding makes it the most popular way to get settlement money now without worrying about the actual settlement.
Hawaii Pre-Settlement Funding Overview
Hawaii pre-settlement funding is a cash advance or financial tool designed for plaintiffs with active court cases in the state of Hawaii. Only plaintiffs who are victims of accidents and injuries are eligible to get a cash advance. Cash can help a person deal with finances while the case is still pending and needs money to pay for the litigation expenses.
We all know how costly fighting a legal battle is. Further, the time it takes to settle can be anywhere between months or years. Plaintiffs who are completely dependent on the compensation since they lost their job or have no source of income because of the injury have no other option but to either leave the case in between or agree to settle for less out of court. But pre-settlement funding gives you enough cash, which you can use to pay for the lawsuit and don’t have to settle for any lowball offers.
We provide quick and easy settlement loans, which can help you level the playing field. Now, you don’t have to worry about how you will cover the litigation cost; you can just focus on recovering and making your case strong. To get a cash advance in Hawaii, you only need an active lawsuit that is strong and capable of getting a settlement in the future.
Cases Eligible For Hawaii Lawsuit Loans
If you have suffered injuries at the hands of others and you have a pending court case in Hawaii, you can get lawsuit funding. But not all kind of cases are eligible to get a cash advance, below list of cases are allowed for a legal funding in Hawaii.
- Personal injury lawsuit
- Car accident claims
- Product liability lawsuit
- Medical malpractice lawsuit
- Mass tort claims
These are some of the lawsuits that can qualify for a cash advance. To see the complete list, click Cases We Fund.
Is Lawsuit Loans & Funding Legal in Hawaii?
Yes, lawsuit loans are allowed in Hawaii. Both plaintiffs and attorneys can get cash advances if they need money to cover litigation expenses. Since the statute of limitation is two years in Hawaii, if you file a personal injury case after that and apply for a lawsuit loan, legal funding companies can deny you a cash advance.
Not all cases can get a pre-settlement loan. Lawsuits that are strong and have higher chances of winning a settlement can only get a lawsuit loan. Since pre-settlement funding companies bear the risk of providing the cash advance, they will look for the best cases to fund. Funding a case is subject to the legal funding company’s choice. So, even if you are the plaintiff and think your case is strong, you will not get funds until the lending firm determines your case value and strength.
Attorneys and law firms operating from Hawaii can also get cash advances. Attorney funding is only for lawyers willing to take cash now to cover their expenses. In exchange, they will pay us back once they win the case.
Apply For Free & Get Pre-Settlement Funding In Hawaii
No application fees exist, so you can freely apply for a pre-settlement loan. The only requirement is a good case with a high chance of settlement in the near future. To apply, you need to share your case-related details and attorney information. Your attorney is going to handle the communication. They will help us understand your case once we analyze your lawsuit and evaluate the money we can offer based on case strength. We will send you an agreement.
The agreement will detail everything legally, including the amount we can offer, the interest rate, and the repayment terms. If you agree to the terms of funding, you can provide us with a signed copy. As soon as we receive the signed contract, we will transfer the money using your selected mode of payment.
We can offer you lawsuit loans for up to $250,000 at ECO pre-settlement funding. The amount we provide will be 10-20% of your expected settlement value. Since we provide non-recourse funding, you know that you don’t have to pay us anything back if you lose the case. You repay the money you borrow only after your case settles in your favor.
To learn more about pre-settlement funding, contact us at 800-961-8924. To apply, you must complete the application below.