You get back 10 times what you send out.

May 30, 2008

I have been really focusing on and using in my lawsuit funding business the law of attraction. Some might feel that this subject is played out; but if it is true and it works, then shouldn’t we all focus on it daily?

In the world of presettlement funding I am looking for people who need cash before the settlement. I rely solely on referrals. How am I to expect referrals if I am not GIVING referrals or something that others might find resourceful?

I am guilty of sending to law firms on a monthly basis letters asking them to send me their clients who needed a lawsuit advance. In fact I did this for over 2 years! If you were an attorney, would you get sick of my letter arriving each month with nothing other than a request? If your plaintiff needed a lawsuit cash advance, are you going to refer them to the broker who does nothing but request things of you or the broker who GIVES to you referrals and valuable resources?

That has all changed since meeting my keep in touch expert. She first had me read a book called Book Yourself Solid. Then she shared with me a resource called Send Out Cards. This resource has changed the way I do business and changed the way my firms feel about me.

In keeping with the idea of “sending out to give”, I am STRONGLY recommending to all of my friends, colleagues and law firms that they use this system so they too can get back 10 times what they send out.

Please call 866-652-0699 if you have any questions regarding my keep in touch system.

Posted by Rob Thomas | Filed Under Blog, attorney funding, attorney loan, law firm loans, lawsuit advance, lawsuit cash advance, lawsuit funding, litigation funding, plaintiff funding, presettlement funding, settlement funding | Leave a Comment 

The dollar is shrinking in value: How it affects your lawsuit settlement.

March 9, 2008

The dollar is at a record low. It shows no signs of going back up. What does this to to your settlement? This SHRINKS it! Unfortunately neither you or I can control whether it goes up or down but you can assert SOME control. You can counter this affect by getting a lawsuit cash advance and then investing in something that will earn more interest than the dollar devalues. Recently, I had a client ask me, “Do you think I should borrow money from a bank or get an advance on my lawsuit to buy this business?” He had gotten a smaller advance from me and was looking into buying businesses. Smart man. My answer to him was this, ‘When you borrow money from a bank you are creating debt. When you add to the interest the devaluation of a dollar it makes it VERY difficult to pay it back. By getting a settlement advance, you are using an asset, you just don’t have the money in your hands yet. This is what the wealthy do.” He then realized how much of a better deal that was. In addition, I asked him if he wanted the bank to be a partner in his business. He replied “no”. He then realized by getting an advance, he gets the dollar today at it’s current value and by using his settlement to fund his business purchase instead of a loan, he doesn’t have debt and the bank is not a business partner.

While you may not be purchasing a business, you should keep a watch on what the dollar is doing and assess how it will affect your settlement.

Posted by Rob Thomas | Filed Under attorney funding, attorney loan, cash advance, divorce settlement, law firm loans, lawsuit advance, lawsuit cash advance, lawsuit funding, litigation funding, plaintiff funding, presettlement funding, settlement funding | 2 Comments 

What is the difference between a cash advance on your lawsuit and a loan?

February 24, 2008

There are some very fundamental differences. The first is the word “advance” vs. “loan”. An advance means that we are giving you YOUR money earlier than you expected. When you get a loan at a bank, they are partly giving you someone else’s money and that person is usually another depositor and they are MOSTLY creating it out of thin air by just printing more. 90% of your money in the bank is being loaned out. That is proven by the depression when there was a run on the banks and depositors wanted their money back, THERE WAS NONE TO GIVE BACK. In a loan, whether you win or lose your case, you have to pay it back.

I only advance money, I do not loan it. The rich uses assets to survive. The not-rich create liabilities (debt) in order to survive. In getting an advance, you are employing the strategies of the rich. Read Robert Kiyosaki’s book “Rich Dad Poor Dad”. Then apply what you read. Your life will be dramatically different and easier.

Let me know your thoughts – Rob Thomas

Posted by Rob Thomas | Filed Under attorney funding, attorney loan, cash advance, law firm loans, lawsuit advance, lawsuit cash advance, lawsuit funding, litigation funding, plaintiff funding, presettlement funding, settlement funding | Leave a Comment