bankruptcy bad faith

Case was made after four years of litigation?

If an action against a large insurance company for bad faith after four years of law just let it (all together, my lawyer told me time and again to cover up, because I told him that loans which was taken on this case would swallow it all Money that we kept getting in the case because of the very high interest rates) now I'm going back to the money I borrowed against the law suit from one of these high-interest loan companies (This loan was also from my lawyer, do not expect for the plight of the sudden felt my sued instigated death of my son, was told, murdered I had been his traveling over 3000 miles and needed the money fast.), who says now (after three and a half years) for a whopping sum of over $ 3000.00 to $ 100,000.00 Dollar loan. This loan was repaid to the lender when the case settled, but now after all this time there is so much due to I am forced to file for bankruptcy be. what would you do if anything?

1. You need the law where you live and where the loan shark "licensed" to review. Determine which law governs, and check the usury laws. The maximum allowable interest should not exceed 29% of the best or my memory, or near turn, so long as they are a licensed bank. If it's a usurious loan, it can be completely void. If not void, it can be contested on a usurious above the Rate. Assuming the maximum legal is 30%, you should not be much more than $ 6600, which sucks but it is not still pay $ 100k. 2. Was it really a loan? Or was it an assignment of the right side in the case. Just double check to make sure that you are not cheated. 3. I am a lawyer and I would never advise someone with a bad faith case to borrow against. Bad faith cases are extremely difficult to win. There is no such thing as a "Slam Dunk" Bad faith case because the burden of proof is so high. You have to prove to the insurance does not pay off intentionally to a policy. If there is a glimmer of doubt in the language of politics, whether they are required to pay, it was probably not in bad faith. If there was a car accident case and the liability was clear cut and the only Problem was to try to damage, then I could see, advice strapped a customer to borrow money for essential living expenses. But you might want to To investigate what exactly did your lawyer, because I do not think you have a proper consultation. 4. I assume that there is a life insurance dispute, you should have kicked, but excluded the insurance coverage. What happened to the money, if any? Was the conflict be resolved? No one complains of bad faith if they also sue for the insurance proceeds, or they have the proceeds, after years of dispute. 5. Have you started the loan itself or leave it to the Lawyer. Make sure he does not get much of the money from the lender to cover his legal fees, while the case was pending. Perhaps the loan was bigger than you, but think he did not tell you. The average litigation I handle a customer costs about $ 30,000 to from beginning to end. If This lawyer took $ 33,000 from the lender and promised to repay $ 100,000 in 4 years, that number may actually be legitimate, so make sure you do not victim. Get show all documents from the loan lender and demand an accounting, as you owe all this money.

What is Acting in Bad Faith?

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