April
2007
Dear friend,
Being injured, no matter what the circumstances, can have
devastating consequences, especially if the injured person
is unable to work. As the bills begin to pile up and the
underlying lawsuit is not settling, the injured party may
begin to wonder about those ads on TV for structured settlement
loans. In theory, it seems like a good idea, get cash now
based on what you will receive from you personal injury
case. While non-recourse funding may seem like a great idea,
it is often quite costly and offers few protections to the
borrower.
This month's newsletter focuses on the details of non-recourse
funding and what implications it can have for the borrower
and his or her personal injury case.
Eric J. Parker
Non-Recourse
Funding: The Devil's in the Details…
 A
growing number of "funding" companies, currently offer a
plaintiff with a pending personal injury lawsuit the opportunity
to receive a cash advance in exchange for an agreement to
repay the money when the case resolves, either by way of
settlement or verdict. Known as "non-recourse lending",
the vehicle has long been available as a form of financing
in the commercial real estate sector, but is relatively
new in the area of plaintiff's personal injury litigation.
Read
full article...
Frequently
Asked Questions about Probate and Writing a Will in Massachusetts
 Having
a will is one of the most important things you can do to
protect your assets and ensure the rights of the beneficiaries
you choose. It is equally important to understand how to
properly draft a will in Massachusetts. There are many vital
details to cover that will make certain your wishes are
met. Attorneys at Parker Scheer are available to guide you
through the process of drafting a will to ensure your wishes
are met in accordance with Massachusetts law. See
the answers to the most frequently asked questions about
writing a will in Massachusetts.
Read
full article...
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