Personal injury clients often receive solicitations from companies offering “lawsuit loans” or “litigation financing.” In fact, “loans” and “financing” are incorrect terms for most funding associated with personal injury cases. This can lead to confusion by clients as to what kind of funding they are actually receiving. Why does terminology matter? Most people know what … [Read more…]
Health insurance premiums are high–often so high that individuals make the tough decision to go uninsured, hoping they’ll stay healthy and avoid accidents. However, no matter how safe we try to be, actions by a third party can cause car accidents, equipment malfunctions or produce unsafe products that can result in injuries requiring medical attention. … [Read more…]
Clients who are hurt in an accident through the negligence of others now can turn to Rockpoint Legal Funding to help fund needed medical procedures through our new medical funding program. When personal injury clients need a medical procedure, they usually have many questions. What doctor can I go to? Will my insurance cover the … [Read more…]
We see it almost daily on the evening news—a driver runs into another vehicle and flees the scene. The injured party and family are often left with large medical and vehicle repair bills with no means to pay them. Background. Hit and run accidents are a specialized form of personal injury. Because it is clear … [Read more…]
A drunk driver, headed the wrong way on the freeway, collides head-on with a 38-year-old mother of three. The drunk driver survives, but the woman dies instantly. Her grieving husband, faced with raising three kids on his own, must now also worry about paying for his wife’s funeral costs. Since he doesn’t have the more … [Read more…]
According to the California Office of Traffic Safety (OTS) 2017 annual report, 11,942 serious traffic injuries occurred in California during 2015, an 8.6 percent increase from 2014 (latest statistics available). The OTS identified alcohol and drug impairment and distracted driving as priority issues that need the most attention and funding to reduce crashes. Unfortunately, no … [Read more…]
When an individual is injured and money is scarce, accepting a settlement offer from an insurance company for less than what the case is worth can be tempting. If the injured plaintiff is unable to work, savings accounts are tapped out and credit cards are at their limit, what alternative is left? Unfortunately, too many … [Read more…]
One of the most common complaints about plaintiff funding is the lack of transparency when it comes to fees–injured clients may think the cost for funding is one amount only to find that the all-in cost is actually significantly higher when all is said and done. Compounded Fees Add Up: Many people have a hard … [Read more…]
For injured clients who can’t work and are unable to pay their bills, the last thing they often expect is to be able to successfully secure funding to hold them over until their case settles. After all, what lender would loan money to someone with little or no cash reserves, a potentially declining credit score … [Read more…]
It happens to just about everyone–spend too much during the holidays for gifts, food, travel and other out-of-the-ordinary expenses–and one can find themselves facing mounting bills in January. For clients who cannot work because of an accident or injury, paying those holiday bills can be even more difficult. Keep Collection Agencies Away. If your clients … [Read more…]