Financial fraud fighting resources for law professionals and the general public. Oregon and Washington. 

Fraud Law Resources for Oregon and Washington

 

 

 

 

Sudoku
First Page
Free Email Replies
General Information
Fraud Websites
Search & Site Help
Contributors
Disclaimer

 

 

 

Remedies

It is very common to have an open and shut fraud case but no realistic remedies. Unless you want to waste money, the defendant must be solvent. Most are not so if the case is to proceed, there must be a defendant who is a "deep pocket". Usually this defendant is not the perpetrator but a mostly innocent fellow-traveler. Examples include directors of companies, professionals, and employers who fail to keep a watch over the perpetrator.

A simple fraud case will cost over $10,000 in legal fees. If a vigorous defense is asserted the fees can easily exceed $50,000. It is not uncommon to spend over $100,000 to prosecute a fraud case. Often a clearly liable defendant will spend large sums in a non-meritorious defense. The plaintiff must also spend to respond to each defense motion and to each defense trial witness.

For smaller cases, you should consider small claims courts. They are limited to $5,000 in damages but attorneys are not generally allowed. It is often to reduce damage claims to us the small claims process because of the potential legal cost.

Read Small Claims Courts in Oregon and Washington

Statutory legal fees are often available to the prevailing parties. Unfortunately courts often minimize fees for small cases. Consider a fraudulent sale of a computer case involving $1,000. You win and have spent $10,000 in legal fees. The court may allow only a small portion of the fee because of the low amount of damages. This is not the intent of the statute but courts tend to discourage litigation. Most attorney will not take these case on the hope that the court will award reasonable attorney fees.

Most people who have been defrauded attempt to find an attorney who will be paid from the final judgment. Contingency fees attorneys usually require a great case, a solvent defendant, and the damages to be over $100,000 to justify the risks. Contingency fees usually run between 25% and 50%.

 

  

 

 

 

 

Professional Access
Fraud on Investors
Fraud on Seniors
Fraud on Businesses
Fraud by Businesses
Fraud by Fiduciaries
Fraud on Government
Definitions

 

Financial fraud fighting resources for Oregon and Washington. For lawyers and the general public.

 Sponsored by http://www.tollefsenlaw.com