Monday, November 16, 2009

Sights are set on rise in Pre-Paid Legal’s era

With the stock market and housing in decline, some people are wondering where they can invest their money. How about investing in yourself? How about starting a small business, a part time venture and see what you are made of? See if you can double or triple your investment in 6 months. The risks are minimal and limited, but the benefits are endless.
clipped from
"They need our services more now than at any other time. Foreclosures are at record highs, and, in fact, we’re told in 2010 and 2011, more than 50 percent of mortgages will be under water. Those people will need lawyers.”

Published: November 15, 2009

ADA — The economy is still in the doldrums, people are losing their jobs — and conditions couldn’t be better for Ada-based Pre-Paid Legal.

"It’s just our business model,” Stonecipher said. "We’ve reported positive net income for the past 10 years.
Pre-Paid members are already getting good use of their service, consulting with attorneys about foreclosures and having a better shot at working out an agreement to keep their homes.

"A lot of people who get into this situation can’t afford $300 to $500 an hour,” Stonecipher said. "But with Pre-Paid, they get unlimited access.”

programs designed to help small businesses deal with unions and debt collection.
when the economy recovers, Pre-Paid is in good position to do even better
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