Last week I wrote about LawCash and Oasis Legal Finance being challenged in Colorado over their legal settlement funding approach. Yesterday the New York Times ran with a look at the legal settlement funding or lawsuit lending industry. It’s an interesting article worth reading. Ernesto Kho had pressing needs of his own. Medical bills had …
Colorado Attorney General John Suthers recently announced that his office has filed a counterclaim lawsuit against a series of Northbrook, Ill.-based companies and a Brooklyn, N.Y.-based business, accusing the companies of engaging in deceptive trade practices and unlicensed lending. “Settlement-advance companies are a growing issue in Colorado and across the country,” Suthers said. “Despite their …
Colorado Attorney General John Suthers announced today that his office has filed a counterclaim lawsuit against a series of Northbrook, Ill.-based companies and a Brooklyn, N.Y.-based business, accusing the companies of engaging in deceptive trade practices and unlicensed lending. “Settlement-advance companies are a growing issue in Colorado and across the country,” Suthers said. “Despite their …
Commercial Name: Oasis Legal Finance Record Date: 11-26-2010 Network/Channel: Retro TV Description: Oasis Legal Finance is said to be a way to pay bills and help makes ends meet. Not sure what consumer needs to give up to have cash now. Nothing presented that describes the “true cost” or discount consumer will incur. [quicktime]https://getoutofdebt.org//member/video/OasisLegalFinance-20101126.mov[/quicktime] The …
