Knowing recovery costs key to being financially prepared after serious injury
Traumatic injury is a huge financial burden to the country and the havoc it can cause to those financially unprepared can be just as debilitating, says Easy Legal Finance Inc.president and CEO Larry Herscu.
Costs associated with personal injuries hit $26.8 billion in 2010 in Canada — the most recent figure available — according to a 2015 report by Parachute Canada. The report, which notes injuries also killed 15,866 the same year, predicts by 2035 it will cost Canadians $75 billion and claim 26,390 lives annually.
Understanding car insurance benefits key to being prepared
A major part of ensuring you are financially prepared for the unexpected costs in the aftermath of an accident involves checking car insurance policies to make sure you understand the coverage, says Easy Legal Finance Inc. president and CEO Larry Herscu.
Why cashing in your RRSPs is never a good idea
Dipping into your RRSPs before retirement is one of the worst financial mistakes a person can make — even after an accident leaves you unable to work, says Easy Legal Finance Inc. president and CEO Larry Herscu.
How to stop an accident from wrecking your credit
Being injured in an accident can often lead to devastating financial consequences so it’s important to take appropriate steps early to avoid credit damage and even bankruptcy, says Easy Legal Finance Inc. president and CEO Larry Herscu.
The hidden impact of the Canadian real estate bubble
The real estate bubble is compounding financial difficulties for many Canadians and sometimes they are forced to choose between mortgage payments and medical treatments, says Easy Legal Finance Inc. president and CEO Larry Herscu.
Many at risk of financial ruin after an injury
With many Canadians carrying more debt than ever before, an increasing number of injured people need financial help during litigation, says Easy Legal Finance Inc. president and CEO Larry Herscu.
Partnering with Easy Legal Finance for settlement loans, just got even easier!
We have rolled out an electronic signature platform for our core loan documents, using Docusign. This means both you and your clients can sign-off through email access, using a computer or mobile device.
What to look for in a personal injury layer
Finding a good, experienced lawyer who can provide the best possible legal representation and get you fair compensation is far from easy. A personal injury lawyer should be an expert in all aspects of tort and insurance law and be able to negotiate an out of court settlement or represent you in the court as a trial lawyer if the need arises. Not all lawyers are experienced at both; therefore, you must choose your lawyer carefully. Here are a few things you can do to find a personal injury lawyer in Toronto: