Has anyone used oasis legal finance?
I am waiting to settle a lawsuit, and then got laid off. I was thinking of using Oasis Legal Finance. Anyone use them? How responsive are they? How long does it really take? and was it a pain for your attorney?
I am waiting to settle a lawsuit, and then got laid off. I was thinking of using Oasis Legal Finance. Anyone use them? How responsive are they? How long does it really take? and was it a pain for your attorney?
DeerMountain
Favorite Answer
Hi,
I'm very sorry to hear about your troubles! and am glad you asked this question - After over 5 years my case was finally paid - Oasis received more than I did :(
Almost a couple of years ago I signed the agreement to settle my case that had been ongoing for about 4-5 yrs and while talking to, who I thought was my lawyer and friend, I intimated the financial hardship I was in due to the fact that my husband was being held for a false claim that he had sold drugs to a one-time friend in another state(I call it false arrest, and he was later cleared of any wrong doing). She insisted that I take a 'loan'(cash advance on lawsuit) from Oasis to help me get through the crisis I was facing, and when I balked at the idea because of the cost of such a transaction, she firmly informed me that I "really didn't have much of a choice" and that I "would never have to pay the extra 'fees' associated" because my "case would be paid within the next 90 days", and she was "close friends with Mark(at Oasis) anyway..."
I finally relented and sent the paperwork to her and she processed everything for me. It was a small amount, and I ended up taking out two others because it was "so easy" and quick. I didn't really 'need' the money, but was assured that it was a "good thing to do if I needed any money at all..."
The last 'loan' I took out, I told Mark that I just wanted to make sure I kept it "under $10k so it wouldn't be so painful to pay back".
Now, I get my settlement, more than a year later - the woman that referred me to the process is 'mysteriously' no longer with the law firm and I'm out $19,200 (I had 'borrowed' $11,100) which was more than I ended up receiving for my lawsuit.
Long story short - if you don't HAVE a LIFE & DEATH NEED for your money, DON'T get this type of advance for it!!! You WILL be sorry! If I'd known what I know now, I wouldn't have touched this with a 10 foot pole. I would've done ANYTHING else to make do until my settlement funded and I wouldn't have mentioned my personal life to, who turned out to be just a 'client liaison', who I thought was my lawyer that was supposedly giving me INFORMED AND TRUSTWORTHY advice! I was later told that any information I was given by her was inaccurate and was never told what had happened to her. It was a very cold shock to say the least! :( I'm still wondering whether she was in an 'alliance' with the finance company!?!
I'm sorry for the long answer, but wanted to make sure I let you know exactly what happened to me in the hope that you will have enough information to make a good choice about this. I guess it works for some, but I surely wouldn't advise it....
I wish you much luck with your case and hope I helped a little :)
FK
Anonymous
Oasis Legal Finance
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Anonymous
Oasis Financial
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RE :Has anyone used oasis legal finance?
I am waiting to settle a lawsuit, and then got laid off. I was thinking of using Oasis Legal Finance. Anyone use them? How responsive are they? How long does it really take? and was it a pain for your attorney?
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