Pre Paid Legal?

SoCaLNaTiVe · 03-10-2006, 03:38 AM

To make a long story short a friend of mine finally got me to go to one of these seminars or meetings tonight. For those of you who know what pre paid legal is and offers I would just like to get your oppinion and thoughts on the company. I like what they offer, it seems like it would be very helpfull to middle income family's who cant afford expensive legal fee's.

Cameron

SoCaLNaTiVe · 03-10-2006, 07:56 PM

Has nobody heard of this company before...

sdorn · 03-10-2006, 08:00 PM

I don't think you gave the name of the company.

SoCaLNaTiVe · 03-10-2006, 08:01 PM

Pre Paid Legal is the company. PPD is their call sign on the stock market

sdorn · 03-10-2006, 08:34 PM

Those services can vary significantly. It really depends on exactly what they are offering and what it costs. The fine print is what really matters.

The company itself doesn't seem like a bad company. They have about a $500 million dollar market cap, and they have positive earnings. They are only trading at around 15 times earnings, which means their business must not be growing that fast.

SoCaLNaTiVe · 03-10-2006, 10:15 PM

They bring up the fact that close to 80 percent of europe as I under stood it had some sort of pre paid legal system. (not neccessarily Prepaid legal)

ward · 03-10-2006, 11:22 PM

sounds like a rip off of poor people

SoCaLNaTiVe · 03-11-2006, 04:58 AM

i would not say poor people

Squawks · 03-11-2006, 04:55 PM

Sounds like an HMO in the legal world. Shitty services compared to what you would get if you were to hire a lawyer from outside this network. What kind of lawyer would want to be part of this network, anyways?

Oh, I know - those who aren't working in renown firms or are in desperate need of clients. Or those lawyers who simply suck and can't get any clients.

SoCaLNaTiVe · 03-12-2006, 02:10 AM

Funny you say HMO. Magazines say this could be the next big boom like HMO' were.

Any members in europe have some sort of prepaid legal plan? Are they common out there?

Just trying to get some facts before hand.

ImUrGoDaK · 03-12-2006, 02:34 AM

its just a pyramid scheme..u r in u r in... if u dont buy it dont waste time

SoCaLNaTiVe · 03-12-2006, 09:24 PM

I understand its a word of mouth thing (so its considered a pyramid) I just want to find out if what they say about europe is true. I havent signed up to the company yet because I just dont want to take the time. I have other stuff going on. But at the same time I like to invest my money in the stock market. Timing is key hands down. I want in on this if its the US thats next with this type of stuff. You can knock it, but the service seems legit. I just want some facts from people who have delt with it or are involved.

ward · 03-12-2006, 09:29 PM

if it sounds too good to be true.........

can I come by your place and sell you some cutco knives??

sdorn · 03-12-2006, 09:38 PM

Quote:

Originally Posted by SoCaLNaTiVe

I understand its a word of mouth thing (so its considered a pyramid) I just want to find out if what they say about europe is true. I havent signed up to the company yet because I just dont want to take the time. I have other stuff going on. But at the same time I like to invest my money in the stock market. Timing is key hands down. I want in on this if its the US thats next with this type of stuff. You can knock it, but the service seems legit. I just want some facts from people who have delt with it or are involved.

I didn't realize you were thinking of investing. I thought you were looking to join their program. Here is an S&P research report on the company.

http://www.xboxliveboards.com/misc/ppd_report.pdf

f ll th bl nks · 03-13-2006, 08:11 PM

Quote:

Originally Posted by ward

if it sounds too good to be true.........

can I come by your place and sell you some cutco knives??

I like my knives, thank you very much

My brother and his friends do Pre Paid Legal. For the most part it is a pyramid scheme. I told my brother over and over not to waste his time with a pyramid scheme. His response was "So what? I make hundreds of dollars a month on top of my regular job and I'm not harming anybody doing it."

He made a good point and he makes more money than I do

03-10-2006, 03:38 AM	#1
SoCaLNaTiVe First Lieutenant 23 Rep 382 Posts Drives: Mineral White X5 Join Date: Nov 2005 Location: San Diego, CA iTrader: (2)	Pre Paid Legal? To make a long story short a friend of mine finally got me to go to one of these seminars or meetings tonight. For those of you who know what pre paid legal is and offers I would just like to get your oppinion and thoughts on the company. I like what they offer, it seems like it would be very helpfull to middle income family's who cant afford expensive legal fee's. Cameron
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03-10-2006, 07:56 PM	#2
SoCaLNaTiVe First Lieutenant 23 Rep 382 Posts Drives: Mineral White X5 Join Date: Nov 2005 Location: San Diego, CA iTrader: (2)	Has nobody heard of this company before...
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03-10-2006, 08:00 PM	#3
sdorn Lieutenant 26 Rep 491 Posts Drives: 2006 Jet Black 325i Join Date: Feb 2006 Location: Atlanta iTrader: (0)	I don't think you gave the name of the company. __________________ 2008 Sparkling Graphite 535i 2009 Land Rover LR2 2003 Porsche 911 Turbo (SOLD) 2006 Jet Black 325i (SOLD) 2001 Bullitt Mustang (450rwhp - SOLD)
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03-10-2006, 08:01 PM	#4
SoCaLNaTiVe First Lieutenant 23 Rep 382 Posts Drives: Mineral White X5 Join Date: Nov 2005 Location: San Diego, CA iTrader: (2)	Pre Paid Legal is the company. PPD is their call sign on the stock market
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03-10-2006, 08:34 PM	#5
sdorn Lieutenant 26 Rep 491 Posts Drives: 2006 Jet Black 325i Join Date: Feb 2006 Location: Atlanta iTrader: (0)	Those services can vary significantly. It really depends on exactly what they are offering and what it costs. The fine print is what really matters. The company itself doesn't seem like a bad company. They have about a $500 million dollar market cap, and they have positive earnings. They are only trading at around 15 times earnings, which means their business must not be growing that fast. __________________ 2008 Sparkling Graphite 535i 2009 Land Rover LR2 2003 Porsche 911 Turbo (SOLD) 2006 Jet Black 325i (SOLD) 2001 Bullitt Mustang (450rwhp - SOLD)
	Appreciate 0 Quote

03-10-2006, 10:15 PM	#6
SoCaLNaTiVe First Lieutenant 23 Rep 382 Posts Drives: Mineral White X5 Join Date: Nov 2005 Location: San Diego, CA iTrader: (2)	They bring up the fact that close to 80 percent of europe as I under stood it had some sort of pre paid legal system. (not neccessarily Prepaid legal)
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03-10-2006, 11:22 PM	#7
ward Major General 155 Rep 6,158 Posts Drives: F Join Date: May 2005 Location: T iTrader: (0)	sounds like a rip off of poor people
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03-11-2006, 04:58 AM	#8
SoCaLNaTiVe First Lieutenant 23 Rep 382 Posts Drives: Mineral White X5 Join Date: Nov 2005 Location: San Diego, CA iTrader: (2)	i would not say poor people
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03-11-2006, 04:55 PM	#9
Squawks One of my two dachshunds: 53 Rep 663 Posts Drives: B6 A4 3.0 Quattro Join Date: Aug 2005 Location: Ithaca, NY iTrader: (0)	Sounds like an HMO in the legal world. Shitty services compared to what you would get if you were to hire a lawyer from outside this network. What kind of lawyer would want to be part of this network, anyways? Oh, I know - those who aren't working in renown firms or are in desperate need of clients. Or those lawyers who simply suck and can't get any clients. __________________ I'm sorry about my outlandish behavior - there's too much blood in my alcohol system.
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03-12-2006, 02:10 AM	#10
SoCaLNaTiVe First Lieutenant 23 Rep 382 Posts Drives: Mineral White X5 Join Date: Nov 2005 Location: San Diego, CA iTrader: (2)	Funny you say HMO. Magazines say this could be the next big boom like HMO' were. Any members in europe have some sort of prepaid legal plan? Are they common out there? Just trying to get some facts before hand.
	Appreciate 0 Quote

03-12-2006, 02:34 AM	#11
ImUrGoDaK Private 12 Rep 63 Posts Drives: 05 325i to 08 335xi :) Join Date: Jul 2005 Location: SF iTrader: (1)	its just a pyramid scheme..u r in u r in... if u dont buy it dont waste time
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03-12-2006, 09:24 PM	#12
SoCaLNaTiVe First Lieutenant 23 Rep 382 Posts Drives: Mineral White X5 Join Date: Nov 2005 Location: San Diego, CA iTrader: (2)	I understand its a word of mouth thing (so its considered a pyramid) I just want to find out if what they say about europe is true. I havent signed up to the company yet because I just dont want to take the time. I have other stuff going on. But at the same time I like to invest my money in the stock market. Timing is key hands down. I want in on this if its the US thats next with this type of stuff. You can knock it, but the service seems legit. I just want some facts from people who have delt with it or are involved.
	Appreciate 0 Quote

03-12-2006, 09:29 PM	#13
ward Major General 155 Rep 6,158 Posts Drives: F Join Date: May 2005 Location: T iTrader: (0)	if it sounds too good to be true......... can I come by your place and sell you some cutco knives??
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