Tag Archives: LegalFundingHelps
In 2013, Oklahoma State Sen. Rob Johnson helped pass a bill in Oklahoma that limited consumer legal funding to existing legal claims. The bill requires legal funders to obtain a license and it holds their agreements to the Uniform Consumer Credit Code as a regulation standard. These measures have been seen by many as a step in the right direction for legal funding, but the senator warns that the industry should not be regulated out of existence. How Does Consumer Legal Funding Save Families? A father in Chicago was unable to work due to an on-the-job injury, but it was taking too long for his claim to go through. He exhausted his savings while trying to pay his daughterâ€™s college tuition, and hope seemed lost until he discovered consumer legal funding. Legal funding allowed this father to help keep his daughter in college, and it can do so much more….
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The Alliance for Responsible Consumer Legal Funding (ARC) is dedicated to preserving consumer legal funding for any American who has suffered a loss due to an accident and needs help while their pending legal claim is settled. To accomplish this, the organization has taken many steps to strengthen legal funding all over the country, and now they have expanded their efforts with a new advisory council. New Advisory Council Helping To Spread Legal Funding This new council is meant to provide public policy guidance, strategic direction, and leadership on issues that affect the consumer legal funding industry. The council is a group of volunteers from all walks of life and includes academics, civil rights defenders and law enforcement. Who Is On The Council? Victoria Shannon Sahani, a Harvard graduate and a law professor at Washington and Lee University School of Law, will add her experience to the council. She will…
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The Alliance for Responsible Consumer Legal Funding (ARC) is an organization dedicated to the proper regulation of consumer legal funding, so victims of personal injury can get the funds they need. Now a former Oklahoma lawmaker is helping consumer legal funding reach out and help more plaintiffs by joining this association. Former Oklahoma state Sen. Rob Johnson has taken the position of Executive Director at ARC. He will be in charge of daily operations and will steer the alliance into the future. As a senator, Johnson held his office for eight years, penned comprehensive lawsuit reforms, and served as the majority whip in the Oklahoma state legislature. He also helped maintain fair access to the legal system so lower income individuals could get the legal help they needed. â€śConsumer legal funding provides a vital lifeline to many hardworking Americans whose lives have been disrupted by an injury,â€ť says Johnson. â€śAnd…
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