The holiday season is a busy time for most law firms. Many insurance companies want to close the books on cases prior to the New Year. Although a signed settlement agreement is good news for your injured clients, it can still take months before they receive settlement proceeds. The holiday season is a busy time for most law firms. Many […]
We wish you the happiest of holiday seasons and a successful New Year. Thank you to all who have entrusted Rockpoint Legal Funding to provide plaintiff and medical funding for your cases. Your support is truly appreciated. As we head into a New Year, please keep us in mind when clients require immediate funds after an injury or funding for […]
A young man is injured when a wrong-way driver sideswipes his car. Unable to work because of his injuries, he quickly depletes his cash while waiting for his case to settle. Now what? Injured plaintiffs have a number of options to obtain funds to pay for living expenses while their case runs its course. — Use savings to pay for […]
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 it takes to apply for […]
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 than $10,000 needed to cover […]
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 matter how advanced auto safety […]
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 insurance companies count on this […]
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 time understanding the concept of […]
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 find themselves unable to pay […]
Clients who seek plaintiff funding typically need money fast. A physical injury or damaged car can keep them from working and collecting a paycheck. When savings are gone and they have nowhere else to turn to pay for day-to-day living expenses, plaintiff funding can be their only option. The last thing plaintiffs need in this situation is a delay in […]