For Cristy, Consumer Legal Funding Provided a Financial Lifeline and an opportunity to Stand Up to Big Insurance.

Big insurance wants you to believe consumer legal funding is some monstrous organization that doesn’t care about the consumer.   Of course these are only desperate words being used by big insurance to try and protect their decades old strategy of deliberately delaying injury claims in hopes of settling for a less than fair market value with a claimant.

The tactic for big insurance is simple, find those claimants who are financially disadvantaged.  Often these claimants, like many Americans, are working paycheck to paycheck, do not have significant savings and have been in an automobile accident that has left them unable to work and without any money coming into the home.  Big insurance knows these people are the most vulnerable and most likely to settle for less if the claim process is delayed.

Big insurance has been utilizing these delay tactics on the financially vulnerable for decades.  In contrast, consumer legal funding has provided a lifeline to those who need financial assistance and want to get a fair settlement for their injury claim.

Consumer legal funding helps level the playing field with big insurance, especially those who are financially vulnerable.  Instead of settling for pennies on the dollar, a claimant can now pursue non-recourse funding through a consumer legal funding organization.  Through this funding a consumer can access funds to help pay for everyday necessities such as housing, transportation, utilities and food. These funds help keep the consumer’s daily life going, while they wait for their claim to be settled in a fair manner.    

Cristy from Georgia, who was involved in a terrible accident, is a prime example and just one of the millions of claimants who would have been held hostage by the outrageous delay tactics of big insurance if it weren’t for consumer legal funding. 

“I was unable to work and had [gone] thru all my savings,“ Cristy said. “I tried to refinance and since I didn’t have employment [due to the accident], no one would give me the money and I needed money to pay my mortgage and buy groceries.”

Cristy goes on to say, “I am still [waiting for my claim to be settled in a fair manner] and am thankful [a consumer legal funding organization] gave me the money when no one else would.”

Thanks to consumer legal funding, Cristy has a financial lifeline that will help get her daily life back on track and will allow her stand up to big insurance and their delay tactics.     

Where Big Insurance Fails to help, Consumer Legal Funding Starts – a Story about Steven from Ohio

Most Americans grind away at work eight to ten hours a day, five days a week.  They spend as much time at work as they do awake at home.  The pressures of working and earning a paycheck increase as things like food, housing and transportation costs are all on the rise.  The fight to earn a decent and sustainable paycheck to help finance daily necessities has never been more important.

Steven, from Ohio, is a hardworking dad who does his job well and just wants what is best for his son.  He is the type of guy who clocks in everyday knowing that the money he earns will help provide for his family.  Steven is also the type of person who is responsible enough to save as much money as possible but knows there is not much room for error.  

A near death accident on the job recently changed Steven’s life.  His injuries from the accident were severe.  His first worry was to survive the accident so he could see his son again.  His next worry was to get his finances in order so he could provide for his family while he was away from work.       

While Steven was out of work, his savings dried up and he struggled to figure out how to pay for everyday costs like housing, food and other monthly bills.  Unfortunately for Steven, his injury claim was stuck in the hands of a large insurance corporation, which utilized typical industry-wide delay tactics.  Large insurance conglomerates, like Steven’s insurance provider, routinely delay claims for as long as they can until the claimant, whose back is often against a financial wall, becomes desperate enough to settle for much less than fair market value.  

“I take care of my responsibilities and perform my duties for my career extremely well,” Steven said.  “After getting almost killed while on the job, I’m fighting to stay afloat financially. That’s not something that you can plan for.  The savings that you’d think would be more than enough, aren’t.”

Feeling desperate after receiving a less than fair offer by big insurance, Steven decided to contact a consumer legal funding company for help.

With consumer legal funding Steven was able to secure the necessary funds to help pay for things like housing, food and other basic bills, and helping get him and his son back on track.       

“[Consumer legal] funding helped give [money] towards my future, to help immediately, but also, to give a bit of a real, ‘you’re gonna be alright sorta feeling.’”

Where big insurance fails to help, consumer legal funding starts.  It is through consumer legal funding that people like Steven and his son can jumpstart their lives again and not be held hostage to the delay tactics of billion-dollar insurance corporations.  

Price Controls. Increased Regulations. Stifling Innovation. This isn’t your father’s U.S. Chamber of Commerce

According to the Merriam-Webster Dictionary, a free market is defined as “an economic market or system in which prices are based on competition among private businesses and not controlled by a government.”   

Tom Donohue, President and CEO of the U.S. Chamber of Commerce “seems” to agree with this philosophy in a recent op-ed stating, “American businesses and consumers are being buried under an avalanche of rules from a system that is increasingly opaque and unaccountable. Since 1976, we’ve added 176,000 regulations to the books. Federal agencies are churning out another 4,000 every year.”

But at a November gathering of top insurance legislators, the U.S. Chamber of Commerce, on behalf of large insurance companies, was actively seeking government intervention to regulate the business of consumer legal funding.  These burdensome set of anti-free market price control regulation guidelines were designed for state legislators to use as a template in crafting legislation that would help handcuff and end the consumer legal funding industry. 

The issue for the U.S. Chamber of Commerce and large insurance companies is how the consumer legal funding business is impacting the way large insurance companies prefer to deal with automobile and on-the-job injury claims.  The typical strategy for a large insurance company is to utilize long delay tactics against a claim, dragging settlements on as long as possible, in hopes the claimant becomes desperate enough to settle for pennies to what is actually owed.  

On the other hand, consumer legal funding is a service that offers a claimant a counter to the large insurance companies’ delay tactics.  With consumer legal funding, a claimant has the opportunity to acquire non-recourse funding to help pay for essential items such as food, rent or other daily necessities.  This non-recourse funding can help sustain the needs of a claimant’s everyday expenses while allowing them to pursue a full and fair settlement regarding their injury claim.

The bad news is the head of the U.S. Chamber of Commerce suspiciously talks about free markets and de-regulation policy when in the public eye, but is actively seeking anti-free market price control regulations that would endanger businesses such as consumer legal funding behind the scenes.

The good news, however, is that the group of legislators at the November meeting decided to decline action on the U.S. Chamber’s anti-free market legislative proposals.  A win for all small businesses who are increasingly faced with competing industries running to the government to try and impose burdensome anti-free market regulations to help solve their problems.  

The U.S. Chamber of Commerce needs to stop pushing for anti-free market, government intervention type regulations to protect a select few businesses, and instead start pushing for free market policies that benefit ALL businesses.    

Brandy’s Road to Recovery: Helping an Injured Floridian Fight Back

Imagine driving home from work and suddenly your vehicle is struck by another vehicle, through no fault of your own.  The initial shock of the accident is traumatizing and confusing.  The medics have arrived and are examining you for injuries. Police officers are on the scene to help assist and assess the situation. Onlookers have gathered to help those in need and provide details of what they saw.  Everyone on the scene is trying to help get the situation under control so that those involved can quickly get on the road to recovery.

Now imagine several months have passed since the accident, your injuries are lingering, you are out of work, your bills are piling up and BIG INSURANCE is still refusing to settle your claim in a fair manner.  BIG INSURANCE knows the longer they wait, the more desperate you will become, and a settlement for a less than fair price is imminent.  BIG INSURANCE has created a road block to your road to recovery.   

Meet Brandy from Florida.  She is going through a similar situation after being involved in an automobile accident.  She suffered significant injuries that limited her ability to work.  She lost her health insurance and her bills have begun to pile up.  She needs money just to pay for her everyday expenses, but more importantly just wants to get back to her normal way of life.

Unfortunately, like millions of other Americans, Brandy’s road to recovery has been blocked by BIG INSURANCE and their ever increasing tactics of delaying legitimate claims.  Brandy, however, wasn’t going to be intimidated by these delay tactics and instead decided to seek the help of a consumer legal funding company.   

Through the help of consumer legal funding, Brandy was able to secure funds to help pay for her everyday living expenses, like rent, food and utilities.  This allowed Brandy to continue to seek a full and fair litigation claim against BIG INSURANCE without the pressures of wondering if she could afford to eat the next day.          

“I didn’t get into this car accident on purpose and I don’t intend to profit from it either.” Brandy said.  “I just want to be back to where I was before.  [The access to funding] helped me get back on the road to recovery.”

Brandy, like thousands of other folks across the country, was able to rely on the important services consumer legal funding provides.  The funding creates an avenue for those in need to secure non-recourse funding to help support themselves and pay their everyday living expenses.  It is through the ability of this funding that allows those folks to continue to seek a fair and just settlement for injuries they sustained in an accident that was not their fault.

Like those who come together at the scene of the accident, consumer legal funding is there after the accident to help provide a path to the road to recovery.  

 

Tightening of Family Budgets makes Consumer Legal Funding an Important Lifeline for Americans

According to an Allstate Financials Life Tracks Poll, nearly half of all Americans live paycheck-to-paycheck.  They rely on those paychecks to cover their essential monthly bills, with minimal-to-no money left over for anything else.  At a time where every household dollar counts, the family budget in America has become very fragile.

Moms and Dads who are prevented from working due to a sudden injury or accident, strain to keep the family budget intact.  Those events can send shockwaves through a family’s finances while they wait for a fair and just settlement, along with getting back to work and providing for their family. 

Unfortunately, some in the Big Insurance industry are taking advantage of these fragile family budgets.  They are using their knowledge of the family’s struggling financial situation to bolster their negotiating position in hopes of gaining a quick, and cheap, settlement.

Luckily for families affected by these uncontrollable events, Consumer Legal Funding is available as a resource to help strengthen a family’s budget while they await a fair settlement.  Consumer Legal Funding is a way for consumers to access a financial lifeline to pay for essential bills, along with putting food on the table for their families while their case is being processed in the vast wasteland called “the claims process”.

Those same Insurance companies are taking advantage of those struggling financially by trying to limit and eliminate the practice of Consumer Legal Funding. 

Eliminating the access to Consumer Legal Funding would create a huge disservice to the many Americans who rely on this service every day. It is the Big Insurance Industry’s way of saying “we are the ones writing all the rules and we do not care that you cannot feed your family. We are going to drag this out as long as we can to get what WE want and not what you are entitled to.”

Everyone deserves to be treated fairly and with dignity. Consumer Legal Funding ensures they will get that chance.

Thanking those who have our backs

This Thanksgiving as we sit down to the dinner table and fight over who is getting the turkey leg or the last roll; let us not forget  the men and women in military who not able to be with their families this holiday.

It is because of the sacrifice that they and their families make on a daily bases we can enjoy that pumpkin pie. If it were not for those who are currently serving and those who have served we not enjoy the liberties we have.

So as you sit down to dinner this Thanksgiving Holiday and enjoy the stuffing your grandma made, take a moment out to read this poem by Autumn Parker and remember those who have our backs.

“My Daddy’s Got Your Back”

I am a small and precious child, my dads been sent to fight..
The only place I’ll see his face, is in my dreams at night.
He will be gone too many days for my young mind to keep track.
I may be sad, but I am proud. My daddy’s got your back..

I am a caring mother. My son has gone to war..
My mind is filled with worries that I have never known before.
Everyday I try to keep my thoughts from turning black.
I may be scared, but I am proud…My son has got your back..

I am a strong and loving wife, with a husband soon to go.
There are times I’m terrified in a way most never know.
I bite my lip, and force a smile as I watch my husband pack..
My heart may break, but I am proud…My husbands got your back..

I am a soldier…Serving Proudly, standing tall.
I fight for freedom, yours and mine by answering this call.
I do my job while knowing, the thanks it sometimes lacks.
Say a prayer that I’ll come home. It’s me whose got your back.

Please keep all those who have our backs in your thoughts.

The Show-Me State: Showing How Consumer Legal Funding is Helping Missourians Everyday

As the deep-pocked and powerful opponents of consumer legal funding “forum shop” from state-to-state attempting to silence the right of citizens to seek a fair and just settlement when they are injured, residents of Missouri have every reason to be on high alert.

It’s time for residents and policy-makers in “The Show-Me State” to demand those opponents actually show them a problem that needs fixing. In state after state, the U.S. Chamber rolls into state capitals from Washington, D.C. trying to sell a solution to a problem that doesn’t exist. Missouri is just the latest example where such tactics may soon be on display.

Every day, hard-working citizens across the United States, and in Missouri, are relying on consumer legal funding to save their homes and put food on the table while they wait for their legal claim to be heard in a full and fair manner.  Not only is there not a problem that needs fixing, there are Missouri citizens who are thankful consumer legal funding is an option for meeting their needs.

Here’s what Latonia, a Missourian, had to say about her experience with consumer legal funding when she had nowhere else to turn for financial assistance, “You helped me from being evicted [from] my home. Thanks a lot!”

Or Kevin, also a Missouri resident, who needed a financial lifeline while he awaited resolution of his claim, said that consumer legal funding “helped me pay [my] rent to keep [me] from losing my place.  I’ve been off work due to my injury, and needed cash to pay [my] bills and get food.”

Unfortunately, big insurance companies continue to prey on citizens like Latonia and Kevin in their time of need, hoping to maximize financial leverage on the less fortunate in hopes of settling legal claims before they have gone through the full and proper process.    

For Latonia, Kevin and all Missourians who rely on consumer legal funding, they are counting on state policy-makers to “show” those big insurance companies that’s not how you treat people in Missouri.

 

One B-I-L-L-I-O-N Dollars ….

Even Dr. Evil Couldn’t Hatch a Plan this Sinister

No, we’re not talking about the famous line from Dr. Evil in the Austin Powers movie series. Instead of a sinister plot hatched inside the lair of a movie villain, the billion dollars we’re talking about is even scarier to average, hard-working Americans.

Recent reporters indicate that a billion dollars is the amount the U.S. Chamber of Commerce has spent to lobby regulators and legislators in the United States. The sad truth is that a portion of that billion dollars is being spent to silence the voices of the hard-working Americans who rely on consumer legal funding.

This kind of money is being used by the Chamber is to ensure that a consumer who has a legal and legitimate claim will not have access to legal financial assistance that they need in order to put food on the table or keep a roof over their family’s heads.

In state-after-state, their team of high-priced lobbyists aggressively pushes unnecessary legislation that would make it impossible for an industry that serves thousands upon thousands of customers to operate.

The US Chamber is being paid by the Big Insurance companies to do their dirty work by putting out false and misleading information about the true nature of Consumer Legal Funding. They are distorting the truth to ensure that they, along with the Big Insurance industry, have total control over consumers. They want to be able to control when and if a legitimate and proper case settles by making consumers financially vulnerable.

Whether it’s Austin Powers foiling the plans of Dr. Evil in his underground lair or organizations like ARC disrupting the schemes of the executives in the wood-paneled suites of the U.S. Chamber, justice will ultimately prevail .

“Waste to Our Legal System”? Tell that to Sharon, a Former EMT and Firefighter from Lebanon, Tennessee.

In a recent Wall Street Journal article, Harold Kim, executive vice president at the U.S. Chamber of Commerce’s Institute for Legal Reform claimed, “The [consumer legal] funders add a lot of waste to our legal system.”

Tell that to a former EMT and firefighter from Lebanon, Tennessee named Sharon. She suffered significant injuries in an automobile accident that required three surgeries. As a result of these injuries, she was unable to work, which meant no household income while her insurance claim was being adjudicated or settled.

This is the exact scenario why consumer legal funding was created. As Sharon’s medical bills were piling up and everyday expenses became a financial burden, she had nowhere else to turn while waiting for her legal claim to be heard.  Sharon sought out consumer legal funding through Oasis Legal Finance and by securing just a few thousand dollars, she was able to pay down those mounting bills and make ends meet.

In describing her experience with consumer legal funding to the Wall Street Journal, Sharon said, “Oasis and my lawyer explained everything to me. It’s been a huge help. You just can’t imagine.”

So, to Mr. Kim, the U.S. Chamber official quoted in the Wall Street Journal story, just where is the “waste” you describe? The true “waste” in the system, Mr. Kim, isn’t from an injured firefighter in Tennessee who is just trying to make ends meet by relying on consumer legal funding. The true waste in our legal system is the millions of dollars the U.S. Chamber and powerful insurance companies are spending to prevent everyday citizens like Sharon from getting necessary financial assistance. It is up to states like Tennessee and others to stand up to these billion-dollar bullies and make sure consumer legal funding remains a financial lifeline for their citizens.

Why consumers need Consumer Legal Funding

Recent Study Shows More and More Americans Living Dollar to Dollar – Increasing the Value of Services Like Consumer Legal Funding. 

When the recession rumbled onto the scene in 2007, most Americans couldn’t imagine the intense impact it would later have on their financial well-being.  The long and slow recovery hasn’t helped the financial stability for Americans either.  With financial assets being devalued over the past six years, most Americans don’t have extra money to spare.

In fact, according to a recent FINRA Investor Foundation Study, about 40 percent of Americans couldn’t come up with an extra $2,000 dollars within a month’s time.  Even more telling was the fact that 60 percent of Americans don’t have enough money in reserve to survive financially for three months if money were to dry up. 

The study also found that respondents with lower income and education levels, as well as many minority groups are more likely to have difficulty handling an unexpected expense.

An example of an unexpected expense is the lack of a paycheck due to an on-the-job injury or an automobile accident.  Such events leave many Americans unable to work and unable to collect income for months.  These lack of funds often results in the out-of-work American being forced to quickly settle a legal claim with an insurance company that is less-then-fair, so they quickly obtain enough money to pay their bills. 

With no money to pay for bills and big Insurance companies taking advantage of the financially disadvantaged, many of these folks, through no fault of their own, tend to get the raw end of the deal.

Fortunately, for the hardworking Americans who may have had a set-back due to an unexpected injury resulting in a lack of income, there is Consumer Legal Funding.

Consumer Legal Funding provides successful financial lifelines to Americans experiencing financial hardships due to an on-the-job injury or automobile accident and are awaiting to be heard in a fair and full manner with regard to their legal claim.

Is it too much to ask to preserve the Consumer Legal Funding industry?  The industry that is leading the way in offering a non-recourse financial lifeline to those consumers who need a helping hand and want to see their legal claim go through a full and fair process.

If you are pro-consumer I would guess your answer would be NO.  For any Industry to actively attempt to limit or eliminate the ability for Americans to access funds through Consumer Legal Funding is unthinkable.  Especially in a time when a majority of Americans are living dollar-to-dollar and paycheck-to-paycheck.