Cook County Record. Nevertheless image from tv advertising run by Oasis Legal Finance

Cook County Record. Nevertheless image from tv advertising run by Oasis Legal Finance

Two third-party litigation funding businesses have already been targeted by class actions, accusing them of “loan sharking” and issuing unlawful loans.

On Jan. 6, lawyer Daniel J. Voelker, of Chicago, filed two legal actions on the part of two various known as plaintiffs, using aim at prominent lawsuit financiers Oasis Legal Finance and E-Z Case Loans.

The legal actions focus on lenders’ alleged practices loans that are surrounding individuals pushing employees’ compensation claims for accidents allegedly sustained while at work.

Known as plaintiffs consist of Jami Kaplan, against Oasis, and Wilczak, against E-Z Case Loans dawn.

Oasis and E-Z each concentrate on supplying loans to individuals wanting to bring injury that is personal workers’ comp lawsuits. The loans work as an advance on court awards or settlements the plaintiffs expect you’ll get from their instances.

“Behind on your own bills? Looking forward to your situation to be in? Let EZ Case Loans assistance,” reads copy on E-Z’s web site.

“Life won’t wait for the settlement. Neither in case you,” reads copy on Oasis Legal Finance’s site. (mais…)

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