With seniors’ debt rising, an accident can be devastating

The convergence of two trends — seniors retiring while still in debt and continuing to drive until an advanced age — has created a financial pitfall for those who get into an accident and must wait for an insurance company settlement, says Toronto settlement loan provider Larry Herscu of Easy Legal Finance.

Read More >

Pain and suffering cap will restrict rights of the injured

VICTORIA — Allowing people to sue for pain and suffering in car accidents has been viewed as a fundamental principle in British Columbia, but that changed Tuesday when the government joined Canada’s other provinces in limiting payouts to some crash victims because of a financial crisis at the public insurance corporation.

Read More >

The holiday spending hangover and demand for litigation funding

The holiday spending hangover and demand for litigation funding
With Canadians owing record amounts of debt, this time of year is especially stressful for many personal injury plaintiffs who struggle with paying bills after the holiday season, says Easy Legal Finance Inc. president and CEO Larry Herscu.

Read More >

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.

Read More >

Contact Info

ADDRESS

TD Canada Trust Tower
161 Bay Street, 27th Floor
P.O. Box 508
Toronto, Ontario M5J 2S1

WORKING HOURS

Weekdays: 9:00 AM – 5:00 PM EST
Weekends: Closed

Scroll to Top