Consumer Protection

Predatory lending refers to abusive lending practices that generally take place in the subprime lending market.  Subprime lending refers to the extension of loans or credit to persons with less than perfect credit histories.  Persons who comprise the subprime market are considered to be slightly higher credit risks and do not meet the strict underwriting standards required to qualify for prime, or “A” credit.  Financing provided to persons in the subprime market is commonly referred to as “B/C” or “nonconforming” credit.

The duty of good faith and fair dealing basically means that your insurance company:  adjusts your claim promptly (either pays it or denies it), cooperates with you regarding the claim (timely respond to your letters and phone calls), informs you in writing precisely why it is denying the claim by specifically identifying each contract term or provision upon which it relies, and attempts to find a basis to pay the claim rather than find reasons not to pay your claim

If you have lost a significant amount of your savings by investing with a stockbroker, insurance salesperson, banker or other financial advisor, there is a chance we can help you get some or all of your money back.  While the law does not allow investors to sue simply because the stock market went down, there are laws that require stock brokers to "know their customers" and to only recommend "suitable" investments.

The consumer class action lawsuit is one of the most effective tools consumers have to challenge unfair and deceptive business practices.  The relatively small amount of damages involved in most consumer claims makes it extremely difficult, and in some cases impossible, for relief to be sought through individual lawsuits.  Without the class action device, most consumers would have no realistic chance of recovering monies lost to large corporations or business entities through overreaching or deceptive or fraudulent tactics.