1SourceAutoWarranty.com Bankrupt. We Need Your Help

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Steve Horrillo - 04 Apr 2006 13:17 GMT

Our extended warranty company 1SourceAutoWarrantee (reinsurer is Primeguard)
went insolvent. We are looking for members for a class action suit and to
discuss ways of trying to recoup our losses. I started a Yahoo group. If you
can help or have been burned, post to 1SourceClassAction@yahoogroups.com. To
join or view previous messages go to
http://groups.yahoo.com/group/1SourceClassAction/

Official info from the State can be found at
http://www.hawaii.gov/dcca/areas/ins/ins_div_actions/primeguard/

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Warmest regards,

Steve

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Butch Davis - 04 Apr 2006 15:13 GMT

Steve,

Unless you're an attorney why would you do this?

Have you ever checked to see what the plaintiffs receive upon the successful
completion of a CA lawsuit? It's worth pennies at the most. Only the
lawyers make money on CAs.

Suck it up and move on. Extended warrienties are a mugs game at best,
anyway. At least you may be able to write it off on your taxes.

YMMV.
Butch

> Our extended warranty company 1SourceAutoWarrantee (reinsurer is
> Primeguard)
[quoted text clipped - 8 lines]
> Official info from the State can be found at
> http://www.hawaii.gov/dcca/areas/ins/ins_div_actions/primeguard/

Reply to this Message

Jim - 06 Apr 2006 02:49 GMT

> Steve,
>
[quoted text clipped - 3 lines]
> completion of a CA lawsuit? It's worth pennies at the most. Only the
> lawyers make money on CAs.

...

Not true. My daughter was part of several class action law suits. She
got about $1000 in back wages in a CA lawsuit against Walmart and a
little over $200 in a CA lawsuit against her insurance company USAA.

Jim

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Butch Davis - 06 Apr 2006 15:21 GMT

Jim,

Neither Walmart nor USAA are broke/bankrupt. In fact, both are very
financially robust companies.

You said your daughter was part of several CA suits. She apparently got a
settlement check due to two of them??? Does that tell you something?

Butch

>> Steve,
>>
[quoted text clipped - 11 lines]
>
> Jim

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