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Law firms offering to purchase claims: share experiences

Legal Offers to Purchase Claims Spark Controversy | Are Law Firms Making Unrealistic Offers?

By

Nina Torres

Apr 21, 2025, 11:34 PM

Edited By

Elena Ivanova

Just a minute read

A group of people discussing offers from law firms to purchase their claims at a table.

A surge of legal offers to purchase claims from people has raised eyebrows, with many questioning the value of these proposals. Recently, several individuals reported being contacted by law firms, offering a fraction of what they believe their claims are worth.

Current Trends in Offers

Since the offers have emerged, reactions have been mixed. Comments from the community reveal a shared skepticism regarding the value and legitimacy of these offers.

Notable User Experiences

  • Declining Offers: Many have received these offers but felt they were far too low. "Yes, but declined it because the offer was really bad," one individual commented.

  • Low Percentages: Some reports indicate law firms are offering as little as 8% of the holdingsโ€™ value. As one user noted, "If there's a firm serious about buying a claim, I'd expect theyโ€™d offer more than that."

  • Clarifying Legitimacy: Others are taking a proactive approach by asking questions. One commenter said, "Iโ€™ve sent a reply to their offer asking for a few answers about how they know what they know first."

Community Sentiment

The overall sentiment reflects a mix of skepticism and caution. People seem wary of offers that significantly undervalue their claims, leading to discussions around the need for transparency from law firms making these offers.

"Suffice it to say, any firm that would offer to buy your claim would mitigate the risk by offering you a SMALL, as in TINY fraction of what they speculate itโ€™s worth."

Key Points of Discussion

  • ๐Ÿ”ธ High distrust in law firms making offers

  • ๐Ÿ”ป Majority feel offers are inadequate

  • ๐Ÿ’ฌ "No way, not that high for earn explore" - common sentiment shared among respondents

Given these reactions, many are left wondering if these offers are a smart financial move or simply a tactic by law firms to profit from uncertain claims. As conversations continue, further updates from affected individuals may shed more light on the intentions behind these purchasing offers.