Entries by Crystal Olsen

The Danger of Using Credit Cards During a Legal Claim

Cycle of debt—three little words that strike fear in the hearts of every financially independent adult. It’s something that we all work hard to avoid. We all want to be Beyoncé when it comes to money.   But with 73% of us living paycheck-to-paycheck, it’s something that is oh so easy slip into. And a […]

The Austin Lawyer: Hulk Hogan and Gawker Expose Many to Litigation Finance

In this can’t miss article, Texas attorney Eric Woomer talks about the highlights of a headline-grabbing year for litigation finance and breaks down the differences between litigation finance and consumer legal funding. The big difference? “…the money goes to everyday people to meet basic living expenses, not to fund any litigation or pay legal bills.” […]

Big-Time Litigation Funding vs. Consumer Legal Funding—Advisory Council Member Writes on Hulk Hogan, Gawker, and Peter Thiel

Last month, ARC Advisory Council member Jeremy Kidd was published in Law 360 with an article that illuminates the differences between litigation funding—like was recently seen Hulk Hogan’s case against Gawker—and consumer legal funding. The piece talks about the Gawker case’s implications for on journalism and free speech, and also shows why public policy makers need to separate […]

Recent Survey Says 75% of Americans Are Worried About Losing Housing

Survey after survey tells us that the vast majority of Americans are living on the financial edge. More than just living paycheck to paycheck, few would be able to survive a $1,000 crisis intact. Now, a new study from the NHP Foundation (NHPF), a nonprofit affordable housing provider, shows that 75% of Americans are worried […]

ARC Advisory Council Spotlight: Charles Atkins, Jr.

Reverend Charles Atkins, Jr. is a community activist, pastor, and chaplain from the New York area with a deep commitment to social justice and community organizing. He serves as a bi-lingual pastor of the French Evangelical Church of New York and a chaplain at the Garden State Youth Correctional Facility in Yardville, New Jersey. Reverend […]

The Fight to Stay Afloat

Could you survive 6 months without a paycheck? If so, you are lucky. The vast majority of Americans are living paycheck to paycheck—around 76% by last estimate. Two-thirds of people would struggle to cover $1,000 crisis. And as you can tell from these numbers, it’s not just the poor who are struggling. It’s middle and […]

Advisory Council Member Pens Article on New Indiana Law

Victoria Sahani, Assistant Professor of Law at Washington and Lee University School of Law, was recently published in Law 360 with her play-by-play of a new Indiana law regulating consumer legal funding. The regulations, which went into effect July 1, were a result of legislation passed this spring. Sahani, who joined the ARC Advisory Council […]

Two States Implement Laws that Lead to Consumer Choice

Landmark consumer protection bills that passed out of Vermont and Indiana this spring are set for implementation on July 1, 2016. These new statutes will create regulatory frameworks for consumer legal funding that provide comprehensive consumer protections crafted specifically for the product, and also preserve consumer access, largely adopting industry best practices. The new statutes […]