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Legal Action Loan Providers Claim Pre-settlement Financing Isn’t A Loan

Legal action loans are cash advances depending on the possible outcome of legal settlements. Investors are increasingly on the hunt for lucrative bets. This interest has caused lawsuit lending to skyrocket in recent years. Lawsuit loans are unregulated in most states and the practice is being called “legal loan-sharking” by consumer advocates. It would be more beneficial for people just to take out a cash advance. Article source – Lawsuit lenders prey on desperate personal injury plaintiffs by MoneyBlogNewz.
There weren’t loans made, legal action loan companies claim
In order to assume that litigants will win their cases, over $100 million a year is spent by legal action lenders. Those within the practice say that they are not loan companies which mean lending laws don’t typically apply to lawsuit loans. The transactions are really just investments if you ask any legal action lender. This is because if the case is lost then the client doesn’t have to pay the cash back. Because they’re not subject to limits on interest rates, lawsuit lenders charge APRs as high as 215 percent, claiming that lawsuit loans are riskier than other forms of lending.
Court action loans charged as fast money and easy money
Many argue with the claim that lawsuit loans are very risky. There are facts to argue it. Late night television will generally have ads for legal action loan providers present. Typically they say that quick money and easy money will come to them. They hand pick all of the cases that they want. Generally this is just personal injury cases and more. The New York Times spoke with a personal injury lawyer who explained that he was not allowed to talk about the cost of the loan, going as high as 99 percent of the lawsuit loan amount, when trying to screen applicants.
Many states needed to keep up with the lawsuit lenders right now
Lawsuit loan companies have escaped regulation by successfully lobbying state legislatures to exclude legal action loans from laws that regulate the credit and lending industries. On January 7 within the Illinois General Assembly, a law that didn’t include legal action lenders was blocked. The two largest lawsuit loan providers within the nation, Oasis and LawCash, were sued by Colorado in Dec.. Colorado attorney general John W. Suthers said that since borrowers are charged interest once they receive a settlement, lawsuit loans are indeed loans, and Oasis and LawCash are violating CO lending laws.
Information from
New York Times
nytimes.com/2011/01/17/business/17lawsuit.html?emc=eta1
PointOfLaw.com
pointoflaw.com/archives/2011/01/illinois-legisl-1.php
Law Week Online
lawweekonline.com/2011/01/colorado-ag-questions-legitimacy-of-pre-settlement-legal-financing-companies/

Being Separated And Legal Separation – What’s The Difference

The D word can be devastating to many married people. It almost seems that if you say the word divorce there will be no turning back. Often a person will contact me to discuss a legal separation when they really are intending a divorce but divorce is too fearful and final sounding. It seems to be a first step measure. I find that there is wide misunderstanding of the term.

To add to the confusion, there is a difference between being separated and a formal decree of separation. A couple separates when one or both of the parties determine they no longer want to continue in the marriage and they part ways and set up individual residences. Sometimes this may merely be a cooling off period and the parties reconcile. Other times this is a prelude to filing for divorce. Income earned, debt incurred and property obtained is considered separate property if acquired after the date of separation.

A formal decree of separation is handled much like a divorce (technically called dissolution) The property is divided, there is a parenting plan and child support orders are made. The difference between the two decrees is that the marriage is not dissolved and the parties may not remarry. The most common reason individuals have for obtaining this decree is for religious reasons.

Training to be a Legal Secretary in Tucson

Law firms and corporations around Tucson are searching for qualified legal secretaries to fill their open positions. This situation is similar for legal secretaries across the United States, as the Bureau of Labor Statistics predicts the field will grow by 18% through 2018. Continue reading to learn what legal secretaries do and how you can transition into this field in less than two years.

Duties of Legal Secretaries

Legal secretaries form the backbone of the attorney support network. Typical duties include conducting legal research, verifying document formats and content before court submission, reviewing and summarizing legal journals, generating correspondence, and preparing legal document such as subpoenas, summonses, motions, responses, and complaints. They work closely with attorneys and/or paralegals.

Legal for trade digital scale for easy and certified performance

A weighing scale performs a crucial function in a commercial transaction. It is the pivot about which trust in businesses is leveraged worldwide. It would be slow and painful if worldwide people could not trust one another and still had to do business together. Therefore the businesses worldwide need to trust another when it comes to measuring the weight. But the best policy is to trust but verify and for that we need to have reliable weighing equipment. The administration recognizes the need for the trust to be maintained in a verifiable manner so that businesses can operate smoothly and efficiently confident that the trust reposed by them is justified.

And for the trust to be justified the equipment used to measure the weight has to be accurate, reliable and durable. And for such a sensitive operation as the measurement of weight it cannot be left to the manufacturers alone to assure the quality. It is for this reason that the government takes it up itself to certify the quality of legal for trade scales. With the advent of digital scales the accuracy and ease of use of weighing scales has improved a lot. And when you buy a legal for trade digital scale you assure yourself of convenience and quality.

Even if you are not doing the weight measurement for a commercial transaction, and you are not required by law to use a legal for trade scale, it still makes sense to opt for one because it is a simple and effective way to purchase highly reliable equipment for your critical operations. A legal for trade scale can be expected to cost more than a similar scale which is not certified but that premium is well worth it because you can be sure to have an accurate scale that is able to perform reliably and does so for a long time.

James Tenney, Atlanta Lawyer Provides Legal Advice for Business and Individual Planning

James Tenney is a lawyer based in Atlanta and his general practice areas include asset protection, business planning, estate planning, international taxation and more. James Tenney also offers legal advice that covers a wide spectrum of the legal field. A student of University of Michigan and University of Tennessee, Mr. James Fredrick Tenney received his undergraduate degree in Finance and his law degree from these universities. He also received his Master of Laws in Taxation (LL. M) from Emory University.

With his wide range of experience in the legal field, James Tenney Atlanta Lawyer has helped hundreds of businessmen and professionals in legal areas. He also provides legal business advice and taxation advice to corporations. Corporations involved in tax controversies have also often sought counsel fromJames Tenney. James Tenney has also represented companies in diverse industries involved in legal documents for mergers and acquisitions. His advice in the area of business transactions has helped many clients make long term profitable decisions. With his foresight and vision, James Tenney has helped many business owners create important policies that have been in sync with the modern business practices.

James Tenney is also a member of the American Bar Association, the International Bar Association, the State Bar of Georgia and the Tennessee Bar Association. He is also a Certified Public Accountant licensed in the State of Georgia. James Tenney Attorney Atlanta has also written and published articles in important professional and trade publications. Mr. Tenney is married and he has three children. He has several hobbies and he enjoys motorcycling, golf, hiking and tennis.

Legal Cases are Crucial! Ensure an Expert Attorney to Protect Your Rights and Justice.

The legal system, courts and legal acts are formed not only to protect the fundamental rights of people but to provide them justice against the crimes or anything unlawful happened to them. However, people have to struggle hard to get desired justice as the court provides justice only when the crime is proved. And cunning culprits hence take the advantage of the situation to set free from their crime. Does it mean that there is no way an innocent can expect justice from the legal system! Well, there is way and it will give you the expected justice for sure.

To take care of your legal matters, you need a person who holds an expertise in handling legal cases and who have the in-depth knowledge of legal acts and aspects. And thus, you should look for an attorney Lubbock who with his proficient legal service provides an assurance to solve your legal issues. Like there is a specialist doctor for specific disease likewise you can find specialist attorneys for varied legal issues that include misdemeanour or felony crime defense, divorce, child custody, criminal law, personal injury, employee compensation or workplace injury, property lawyers and various others.

Finding the right attorney is important to bring justice to the client. There are some law firms in Lubbock, USA where you will find a team of licensed attorney staff, trial lawyers and legal representatives who will fight you case to protect your right to get justice. If you have been a victim of road accidents, accident with any kind of vehicle, employment injuries, oilfield injuries, brain injuries or any industrial accident that have caused you major health and financial loss, then find the best personal injury attorney Lubbock TX to get deserving compensation for the financial loss and punishment for the criminal.

You Must Know The Potential Legal Consequences, Before You Buy Steroids!

You must not only consider the possible health risks but also the potential legal consequences, before you buy steroids. It can be extremely dangerous to buy steroids. Anabolic steroids can lead you to jails, or strict federal penalties. So, you should be very careful while you go to buy steroids. You must know the potential legal consequences, before you buy steroids.

Anabolic steroids, you know, are classified as controlled substances under U.S. federal law and the laws of many states. It is a federal crime to use/possess/distribute/buy steroids without proper prescriptions from doctors. The Anabolic steroids Control Act of 1990 places anabolic steroids in the same legal class Schedule III as amphetamines, methamphetamines, opium, and morphine.

Simply the possession of any of Schedule III substances is a federal felony that could fetch you federal punishment up to one year in prison and/or a minimum fine of $1,000. If you are caught possessing anabolic steroids with a previous conviction for certain offenses, including any drug or narcotic crimes, you could get imprisonment of at least 15 days and up to two years, and a minimum fine of $2,500. With two or more such previous convictions, you could face imprisonment of not less than 90 days but not more than three years, and a minimum fine of $5,000, just for simply possessing any of Schedule III substances.

A Personal Injury Lawyer Can Help You Understand Your Legal Rights

The role of a personal injury lawyer is to represent you in court and guide your case towards a resolution. While results are never guaranteed, working with an experienced, educated attorney will make it easier for you to navigate the legal waters ahead. An injury can have a lasting impact on health, wellbeing, and financial stability. The inability to plan in advance for such events makes moving past an injury all the more difficult.

Some things in life simply cannot be replaced, but bringing your case to court can help you get back on your feet. When you meet with your attorney, you’ll be able to outline the specific nature of your losses and arrive at a monetary figure you believe is adequate compensation. Compensations are not only limited to hospital or medical bills. You could also receive compensation for emotional trauma and general hardship. Many who get injured have difficulty completing daily tasks or performing at work. These concerns should be addressed when formulating your case. Find a personal injury lawyer who will give the time and commitment needed to develop a strong case.

Because injuries heal over time, you should be thorough when seeking out professional medical services at the time of your accident. Without an official report from a doctor, you may be unable to provide enough evidence to support your claims. A qualified personal injury lawyer can make sure you have the support required from medical professionals. Some medical problems are particularly difficult to diagnose, and you may even be unaware of an ailment. If you’re experiencing any soreness or suffered a concussion, make sure you notify your attorney and your doctor.

Why businesses should seek legal property advice and services

When it comes to property, whether an individual or a business owns it, it is always a good idea to seek legal advice before taking any actions that may potentially cause long-term issues. And this doesn’t just apply to physical property, but to intellectual property too. Professional guidance is always useful in shedding some light on this type of situation. If you are unfortunate enough to find yourself in this type of position then there are a number of legal services that are available to businesses, this article will briefly cover a few of them.

Commercial conveyancing It is not uncommon for a residential property purchase to require the services of a conveyancing solicitor, and commercial property is no exception. By hiring a commercial conveyancing solicitor you will receive advice of your rights in that particular situation, and you will be alerted of any potential issues that might arise when purchasing a property for development. These may include construction limitations, rights of way, and property boundaries.

Property leasing For landlords and tenants an understanding of the logistics and legal details surrounding the area is always something that will come in useful. This is particularly true for businesses as leasing issues can have a direct and significant impact on its income.

Legal Remedies For Car Accident Victims

Since car accidents often involve negligent people, victims can recover damages by filing a lawsuit against the reckless or at-fault drivers.

According to lawyers, victims should be provided with legal remedies to recover these:

* Hospital expenses these include doctors fees, therapy and rehabilitation, medical examination, hospital stay, medications, and future health needs.