Recent Legal Articles

4 Things You Should Know About Legal Funding & How It Works

When an unexpected accident or personal injury from drugs occurs, it often brings with it unexpected financial burdens, in terms of both your health and legal expenses. These times can be rather difficult and may put you or your family in need of support. Legal funding programs and services – such as UpLift – help provide settlement loans in order to help support those experiencing financial problems during these trying times.

Security You Need
The greatest benefit of getting a settlement loan is it provides the security you need during the legal proceedings that you need to undergo. It gives you the breathing room you need to get through the settlement process and maintain your regular lifestyle.

Legal Funding Isn’t Exactly a Loan
Although these processes function much like a loan, you are in essence pre-purchasing a portion of the potential future settlement you would gain from a successful case. While you may need to pay interest on this the same way that you would a loan, it really functions as an advance. Unlike a loan, this advance has no monthly payments, points, or upfront fees, since the legal funding company purchases a portion of the client’s potential future receivable by advancing the client the funds.

Fees are never paid upfront, which gives you the breathing room to pursue your settlement. Legal funding is also a non-recourse process, which means that plaintiffs and attorneys are not forced to repay their advances, protecting you from legal action.

There are Two Main Types of Legal Funding
There are two main types of legal funding, pre-settlement and post-settlement. As you would expect, pre-settlement loans are available prior to a settlement amount being determined while post-settlement loans are available after a settlement amount has been determined. These are the only courses of action for plaintiffs as the other two types of funding – voucher funding and attorney line of credit – are available strictly to attorneys.

Pre-settlement funding provides plaintiffs and attorneys access to funding throughout the course of their settlement. In some cases, this will be essential and will greatly boost your hopes of settling the case, paying all of your related expenses, and ensuring comfortable living during the process. Pre-settlement funding has higher interest rates because there is more risk involved for the investor. This is is for people that require capital in order to sustain their case through to settlement.

Post-settlement funding provides plaintiffs and attorneys advanced funding after a settlement has been reached. This reduced the risk for the investor, lowing the interest rates you’d have to pay on this funding. However, it also means you will have to wait until after your case settlement (up to a few months) for the advance. This will still get you funds advanced for your use, but you will not have them for the duration of the case. This is for people that require an advance but do not want to assume the high interest rates that comes with a pre-settlement funding.

Let’s You Get Back to Your Life
While there are stresses involved with taking out a settlement loan, there are also many stresses associated with accidents and in undergoing the long process of a settlement and potential case. Getting a settlement loan for your pharmaceutical drug case could potentially help give you the freedom and security to live your life comfortably while you go through this process.

It is an ideal way to help relieve some of the major stresses that come with the drug accident you endured. Many people pursuing legal funding will apply for pre-settlement funding in order to help them through the process and ensure that they continue on with their lives.

UpLift Legal Funding Can Help
UpLift Legal Funding is an online platform in which you can get funding for your pharmaceutical drug settlement loan, helping to support you through the process of your case. They use an online platform, resources, and community to find legal funding quickly and efficiently that will get you through your case.

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What You Should Know About Your Personal Injury Case!

Your life can change in an instant from the simple negligence of others. It takes a knowledgeable, professional team to fight for the compensation you deserve, and to know what you are truly entitled to.

Geoffrey T. Einhorn, LLC will help you get your life back together.

gavel600x210Do not settle property damage claims or bodily injury claims with insurance companies without first consulting experienced personal injury lawyers. Call the law office of Geoffrey T. Einhorn for a free initial consultation at (203) 269-1665.

If you are injured seek immediate medical attention and follow your doctor’s advice. Then, call an attorney.

Do not withhold any information from your attorney. All communications with him/her are privileged and confidential.

Do not make any statements to or sign any releases with an insurance company until you first consult with an attorney. The law office of Geoffrey T. Einhorn, LLC will provide professional advice on all such matters.

Do no talk to anyone other than immediate family about your case at any time until your case is settled.

If you have been seriously injured because of someone else’s negligence, contact Geoffrey T. Einhorn, LLC immediately. The longer you wait, the more difficult it will be to prepare a strong case on your behalf.

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Legal Tax Tips For Professional Bloggers

New jobs may bring you new tax deduction possibilities, and many people are turning to the professional world of blogging. If you’re a recent Canadian entering the blogging world, you should know what receipts to keep and what you can write off. Read on to learn about Bloggers’ tax deductions, and don’t forget to talk to your Toronto tax lawyer if and when you have any questions!

Before we go through things, you should be made aware that the Canadian Government will allow you to write off the following expenses for your blog even if the blog is not bringing in any profits. They’ll only let you get away with this for a few years, because they know getting a blog to become popular takes time (typically). Eventually though, they’ll expect you’re making money (or giving it up).

Now, what kinds of write offs can you make that you may not have been able to make at a previous job? First, there are any internet expenses that you’ll need to start up. These expenses include your internet bill (they’ll require a percentage of your business-oriented internet use to be recorded.), purchasing the blog’s domain name, hosting provider, and any premium WordPress themes. That is, if you’re going to use WordPress. You may want a theme from elsewhere, like Wix, or Joomla. Before you set up with a website builder other than WordPress, speak to your tax lawyer to make sure your desired builders are qualified.

Next, you can actually hire a web designer and/or graphic designer and write off the fees for that. After all, they’re required for setting up (and maintaining) your site for you. And since your site is your new business, it’s an expense you can write off. Pretty neat info, if you ask me.

Another professional you can hire and write off is a blog coach. Yes, they exist. Yes, you can find one to hire using Google.

Finally for the internet write offs, you can write off your advertisements. You can boost your Facebook or Twitter posts, or set up your own Google adverts. Things like that. Of course, you should also be able to write off real world ads if you take out a half page ad in your local newspapers or mail out flyers about your blog, or ideas like that. Verify this with your Toronto tax lawyer.

Real world write offs can be simple and kind of boring but believe me, I’m saving the best part last. You can start by writing off any new computer(s) (as long as they’re meant for your blogging) plus any computer gear you really need. According to Tax Lawyer Toronto: You can also set up a home office and write off those needs, including a computer desk, computer chair and things like that. Get a filing cabinet too, for receipts and Excel spreadsheets.

Order yourself some business cards to get the word out that you’re a new blogger and you can write those off too. That’s not the best part, but it’s a slight start.

Ready for this? If your blog is centered on cooking and food reviews, you can write off a whole lot of meals, provided that you are actually blogging about them. Or if you see a new kitchen tool you want, go and buy it. Review it on your website, keep the receipt, and write it off come tax time.

Carefully read these next two sentences in full: POTENTIALLY, you could buy a new oven, review it, and write it off. But DEFINITELY speak to your Toronto tax lawyer before making a purchase that big. 

Travel expenses may also be possible to write off. There are blogger conferences that may take you into the States. Your air/gas fare, hotel rooms, food, and additional costs regarding the conference can be written off.

That said, I’d once again call the Toronto tax lawyer, because I for one would love to know if travelling can be written off for other purposes (for example, attending a major Comic convention with the purpose of blogging about the event). In fact, if you’ll excuse me, I believe this is where I’ll end my heads’ up for the day!

 

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Do You Need a Bankruptcy Lawyer?

There are a lot of do-it-yourself bankruptcy blogs today that give people everything they allegedly need to know about filing bankruptcy without a lawyer.  They certainly provide links to downloadable documents and eBooks which can help someone to prepare, but what they don’t always do sufficiently is to remind petitioners of the dangers of filling out the forms incorrectly before presenting them to the court.  Do you need a South Jersey bankruptcy lawyer?  Yes, unfortunately you do.

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Don’t Be Deterred By What You Think It Will Cost To Hire An Attorney
If you are stuck in debt, about to lose your home or car—bankruptcy can be the answer.  There are a lot of advantages to bankruptcy, and legal fees should not the factor that prevents you from having that fresh start and lingering in your circumstances.   A Chapter 7 or Chapter 13 can certainly help to not only rid you of debt, but also depending on the route keep you in your home and vehicle.  For example, a Chapter 13 (debt consolidation bankruptcy) will consolidate the debt burden and adjust it in a way that allows you to reboot your finances and get your life back on track.  It stops creditors from calling or garnishments of your wages, and removes stress from your life.  With a Chapter 13 the legal fees can even be rolled up into debt as your lawyer becomes a creditor and is paid by the trust.

Many Ways To Pay For A Bankruptcy
Many South Jersey lawyers will also have payment plans for bankruptcy cases and if the bankruptcy is something as easy as a Chapter 7, it will also be cheaper and more affordable.  Some individuals have chosen to pay for their bankruptcy lawyer with their tax refund, while others have used yard sales and other creative events to pay the attorney’s fees.  In general, however, a Chapter 7 is straight forward enough to not accrue high costs and most lawyers will have a fairly low flat fee to finish the case.

Bankruptcy gives people a fresh start and enables individuals and families to get out from under the burden of debt so that they can get their life back together.  Credit scores immediately get higher because the debt is erased.  There are even people who have been able to buy a home with court approval during a Chapter 13.  Your life doesn’t end because you filed for bankruptcy.  In fact, it is a new beginning.

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