How not to be treated by a lawsuit cash advance funder or broker. By Rob Thomas
October 30, 2008
Ok, I gotta say it only because I am hearing this from so many people who call me and tell me how they are being treated in this world we call lawsuit funding.
If you call a lawsuit funding source directly or whether you call a broker to get your lawsuit cash advance and all they do is try and “corral you into an app” by asking you for your name, address, etc. stop them in their tracks and tell them, “You arent getting another question answered by me, as a matter of fact, I have questions for you…..” See my other blog under the “lawsuit cash advance” category on what to ask. It is very important that you know this otherwise, you lack control of the process. Want more control? Know more. That which you don’t know CAN harm you. Whoever it was that said it couldn’t was a moron.
Recently I gained a client thanks to a funding source that starts with a “P” because they lied to them and told them when they called in “we can get 10k on this”. There is no way that “P” would know without looking at documents first. The client hadn’t even given them an aplication yet. But they didn’t know and trusted them. Needless to say they didn’t get my client the 10k (much less actually) and my client is willing to pay a little more in interest to switch to me because I was honest with them.
There is always someone out there who was meant to serve you. Truth trumps everything.
Don’t be the victim. Knowledge equals the opportunity for more control. Now that you know, exert control!
Employment Discrimination Cases, are they fundable?
October 1, 2008
If you have a lawsuit for any of the following case types then provided the funding source likes the case and sees merit in it you can get a lawsuit advance:
If you were sexually harassed
If you were discriminated because you were male or female
If you were religiously discriminated against
If you were discriminated because of a disability
If you were discrimintaed because you are pregnant
If you were racially discriminated
All of those situations providing the liability under the law is clear and the damages (your suffering) was of a decent size, then you can get funded.
What is the REAL value for a plaintiff getting a lawsuit cash advance?
September 13, 2008
I have been a lawsuit cash advance broker for over 4 years now. Year after year I have to take inventory of the value I am giving to someone getting an advance on thier settlement through me. I have recently found I am giving value to the economy by doing what I do.
I have been told by 90% of the plaintiffs I speak with that “they just want it to end”. While I can’t make their lawsuit end faster, I can help them by getting them a lawsuit advance. Here’s how:
1. Their morale goes up and people want to be around them
2. They produce more and start thinking bigger about life again rather than fixating on their personal injury lawsuit
3. They usually can position themselves to get a higher settlement
4. Their BILLS GET PAID (this means other people are positively affected by lawsuit cash advances)
5. Economy doesn’t stagnate, it moves
6. Attorney can get on with it rather than dealing with the fact that his client is in dire starights and do his/her best work for the plaintiff
7. Their stress level drops dramatically
I am still looking for more ways, feel free to share any I didn’t name above.
LAWSUIT CASH ADVANCES ARE FINALLY AVAILABLE IN OHIO!
September 4, 2008
I was assured I would never see the day that Ohio would change their mind on laswuit cash advances.
As of August 28th of 2008 anyone who qualifies for a lawsuit cash advance can now get one. WARNING: With this blessing comes a flurry of TV companies who will offer you lawsuit cash advances. You need to shop around and not take the first offer. Their rates are a little higher because TV ads are very expensive. You should use a resource who can get you the best deal.
Brokers who offer lawsuit cash advances can usually compete and get you lower rates. I definitely can because I am not married to any particular company. However, I have found a company who advances more cash than the others will on the same lawsuit and do it for less interest.
If this interests you click HERE and allow me to go to work for you immediately to get you your lawsuit cash advance.
How long does it take to get a lawsuit settlement advance on my personal injury lawsuit?
August 4, 2008
In a perfect world the intial intake will take 5-10 minutes to explain to you the process of lawsuit cash advances, the two types of pricing structures and answering your questions. The next step is getting the documents from your firm which takes as long as it takes but for me it is usually 24-48 hrs unless your firm didn’t refer you in which case it could take longer.
Once I have the documents that I need from the firm, I give them to the finance company who usually has an answer in 48 hrs. Then I get the contract and send it to your firm for you to go down there and sign along with the attorney who thn sends it back to the finance company. You can receive your advance that day if it is a wire and done before 4pm EST or the next day if it is a physical check.
Which is better, monthly compound interest or a flat fee for my lawsuit advance?
July 21, 2008
Until recently most companies offered one or the other but not both. I offer you both because I know that some of my clients and their attorneys can predict with accuracy when the case will settle. For this situation I would only recommend the monthly compound interest structure. The only other reason i wuld elect to use this structure is if one of my clients is fixated on the monthly rate. In addition to the lawsuit cash advance, the finance company adds a $250 processing fee and a broker commission (if a broker is involved). That all grows at interest.
The flat fee structure is great because there are no fees. Only the amount advanced is growing at interest. While the client has to pay for 6 months interest even though it may have settled in month 13, they still come out ahead because in the finance game it isn’t only the rate that matters. What matters most is the principal or the amount advanced.
If you are seeking a lawsuit loan use a presettlement funding broker so he or she can help you decide which is best for you. The brokers also tpically provide better service than you would get by going direct because their livelihood depends on it.
Aren’t you glad you are free to get a lawsuit loan even though your case hasn’t settled?
July 6, 2008
It is a weekend to be grateful for freedom. I am glad to live in a country where I can rescue people from losing their home, getting evicted, having no electricity, going without food for them or their family, losing their mind because of stress, etc.
I am also glad that you are free to make the decision to get a lawsuit loan if you want to solve the problems above despite what your attorney or anyone else for that matter says.
To Freedom!
Gas isn’t “going up”. Your dollar’s value is dropping. Does this effect your lawsuit cash advance?
July 3, 2008
Of course. The dollar has been on a downward slope since 1932 when we experienced the Great Depression. From that point on The U.S. gov’t has been bankrupt to private bankers known as “the Fed”. This is why it says “FEDERAL RESERVE NOTE” at the top of all your dollar bills. Have you recently looked up the definition for the word “note”? You will be astounded to know that you are holding an IOU.
The Federal Reserve is no more federal than Federal Express. Do not mistake them for being the gov’t. They are private bankers who conned your congress in 1913 to be the sole bank system for the U.S. This is unconstitutional by the way. See Article 1, Section 8E of your constitution.
So, just like anything else, the more you have of something, the less valuable it is. The Fed prints the stuff out of thin air. So essentially your lawsuit settlment is dwindling because so is the dollar.
It makes sense to get the current value of the dollar on your settlement by getting a presettlement loan. Just make sure you use it to create more money or you convert it into a tangible asset like silver, gold, real estate, land. Cash has become trash.
I see ads on TV and in Thrifty Nickel, The Flyer, Pennysaver, The Greensheet and my newspaper for people advertising settlement loans……
July 2, 2008
There are many sources for you to get a settlement advance. There are brokers and funding sources. Funding sources fund deals for the brokers but they also advertise heavily on TV and in newspapers. Brokers typically don’t advertise on TV because their budgets aren’t as big. I am a broker, by the way.
If you see the following terms, just know they all mean the same thing, getting you money now on your lawsuit: lawsuit advance, lawsuit cash advance, lawsuit funding, litigation funding, plaintiff funding, presettlement funding, settlement funding and settlement advance.
Those are all search terms so you will find them heavily inserted into the copy of the the websites to draw your attention via the search engines like Google.
Whomever you use, make sure you know the questions to ask. See my other blog on what to ask.
What are these LAWSUIT CASH ADVANCE ads on my tv?
June 26, 2008
If you watch tv late at night or during the 9-5 hour you will be approached by many companies promoting lawsuit settlement loans. There are about 4 companies that I am aware of that actively advertise on your tv.
They are J.G. Wentworth, Oasis Legal Finance, Law Cash, and Whitehaven.
They are hoping that you are injured, in a lawsuit and need money now. If you are then you could qualify for a lawsuit advance of anywhere from $1,000 to $100,000 or more.
They provide an 800 number which makes it easy for you to call and you are liekly to actually reach somebody when you call because some of them have an inbound call team of at least 10 people. I have seen it. I visited Oasis once.
You will be asked to give your personal information and then they take it from there. From what I hear of others who have actually gotten funded directly with the companies above, it took them about 2 weeks to get their money. Not bad. But when you called them didn’t you really need your money the DAY BEFORE?
You know how when you call any company, they are always the best, the top in their industry, the biggest provider, etc.? You will find this to be true with them as well. To be fair, I say the same thing.
How do YOU know? Do you really have time to shop all of the presettlement funding sources to see which is the best? No, you needed money yesterday. How can you be assured that you are getting the fastest service and lowest rates offered if you are only dealing with one company? It’s all in the stats.
I started my presettlement funding brokerage 4 years ago. I do not work for any of the companies, but I can submit your request to any of them. I have worked with many of the big companies and because of my experience know who to use and not to use based on service and rates.
When I decide to use a presettlement funding source, I tell them my criteria are the following: LOWEST RATES (or I am doing you a disservice), fast COMMUNICATION (I have found that all my clients want is information and they hate being kept in mystery), and DO WHAT YOU SAY YOU ARE GOING TO DO (rare in business unfortunately but important nonetheless).
I have found the best source for lawsuit advances and I am confident that anyone who trusts me to get them a lawsuit cash advance will agree , especially when it comes time to pay it back but that is only if they win!
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Recent Posts
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- How not to be treated by a lawsuit cash advance funder or broker. By Rob Thomas
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- Get a lawsuit cash advance while you still can!
- What is the REAL value for a plaintiff getting a lawsuit cash advance?
- Worker’s Compensation Lawsuit Cash Advances…. who does them?
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