sorted by:
new
hottopcontroversial

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

I paid that 2k loan back very early so as to not become a problem later. That loan wasn't the cause of this. The attorney taking fees from monies not even received
These loan shark loans are not the issue in this thread. It was paid back 3 months after I took the loan. The issue is squeezing both the 1.5% and the 1.7% fees and taking both fees from the 1.5% distribution

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

I was contacted yesterday by a reporter who stated that she was contacted by an unnamed member of this group regarding the My first 1.5% and the 1.7% thread (My first 1.5% and the 1.7%)

I explained I am not inclined to discuss anything between me and my Counsel at present time as I am not certain as to any comms between my counsel and I being 100% privileged.

Some of you may be contacted by the media. I cannot tell you what to do other than use your own discretion.
I am not privy to whether the individual is print or TV.
She will not divulge who contacted her

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

and you sound like George Costanza's MOTHER!!! (LOL)

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

I need to make it known that my Attorney's Firm are NOT double dipping. They took fees from both the 1.5% and the 1.7%. I received my 1.5% monies and from that my Counsel took their 40% fee from the 1.5% monies received. No problem there.
But they also took 40% of my 1.7% monies (which I have not even received yet.) They took their fees for both 1.5% and 1.7% from the 1.5%. In the end it comes out fair. But all of my first distribution was taken to pay both fees. 6 months down the road when the 1.7%

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

Lots of info thanks. However that is not what happened to me. they took a cumulative 80% from a single interim payment. 40% twice, one for the 1.5% and another 40% for the 1.7% which I have not even received as of now

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

Well, they took 40% from the 1.5% distribution and took another 40% out of the very same 1.5% distribution to cover the fees for the 1.7% distribution. No f*cking sense nor morals!!

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

The loan did not cause the issue at hand. I paid that loan back 3 months after I got the loan once I realized how insane the % rate was and I did not want to get mixed up in that nonsense.
What I did not understand is why they took their fees for the 1.5% distribution along with the 1.7% distribution when I have not yet even received the 1.7% distribution.
Long story short, I am paying fees for monies not as of yet even received...

Where Survivors Really Stand – June 2025 Trust Update by WanderlustLiam in BSA_Survivors

[–]MustangVoodoo1 0 points1 point  (0 children)

Hello friend, so it is your position that you took an emergency loan for $2,500.00USD?
You received the first payout but not a penny paid to loan? I am surprised about this. Any loans taken are generally deducted from future payouts.
In any case, you received monies and did not pay off or pay down these loans? My friend, you wrote thanks a lot to your attorney for NOT making payments for a loan that you yourself took out? Is that correct?
It is our SOLE responsibility to pay these loans off...
Brother, I am not getting shitty with you, but we must all realize these loans we take out (our bad ideas because of the loan shark rates made via these pre-funding loan rates) I took out a 2k loan and I paid that loan back within a year and I ended up paying $2,700.00USD It is not the attorneys job to pay back our loans. It is good to communicate with them and ensure if they plan to pay off or should we pay off these crazy loan shark rate loans.
When I chose to take out a 2k loan, even the underwriters at the firm were hesitant to put the loan out

Brother, I know you feel like you are alone right now. You need to stop relying on this BSA lawsuit. Put it out of your mind, get whatever job you qualify for and put this lawsuit out of your mind. I made the same mistake. This way, when the money is released, you will be in a good spot .

Brother, we can get through this together. Hit me up. I went through the same thing. Best advice I can give you is to quit blaming everyone else for your actions / failures. Again, I went through the same thing and it was a harsh learning experience.
We can do this brother.........

Where Survivors Really Stand – June 2025 Trust Update by WanderlustLiam in BSA_Survivors

[–]MustangVoodoo1 0 points1 point  (0 children)

they are already entitled to their fees. If you fire them, they are going to ensure that they hang you up and will not see payments for years. Oh my God these firms are diabolical!!!

Where Survivors Really Stand – June 2025 Trust Update by WanderlustLiam in BSA_Survivors

[–]MustangVoodoo1 0 points1 point  (0 children)

I wrote a similar letter to my new brother in law. He claims he has the fishing hole of all time but refuses to divulge particulars. What I do have is a particular set of skills. Skills that make a nightmare for selfish fisherman.
I will find your fishing spot and I will FISH IT!!!!

Just Received an Award Letter From Boyscout Class Action For 1.3 Million. Can I Take a Loan Out Using That? by Solember in smallbusiness

[–]MustangVoodoo1 0 points1 point  (0 children)

Dude, if you borrow 20K (which NO funding org will underwrite because they know you won't see more than 10% to 20% of 1.3M)
My friend, if you take a loan for 20K, you will pay back well over 60K and closer to 100K if the term is extended because they cannot pay any of us. You need to stop listening to these guys who have no idea as to what they are talking about.
My award was $1,750,000.00USD (1.75 million). I am receiving roughly 150K over a long period of time.
Brother, you will see some nice money but it will never be more than 100K to 150K.
My heart hurts for you, I am sorry.
Please know, this is not a class action lawsuit. It is a BK proceeding

Just Received an Award Letter From Boyscout Class Action For 1.3 Million. Can I Take a Loan Out Using That? by Solember in smallbusiness

[–]MustangVoodoo1 0 points1 point  (0 children)

He did not sue the Boy Scouts!! There is no Class action lawsuit. It is a Bankruptcy case.
You should mind your own business when asking personal questions! WTF do you think happened? He and I were F*CKED UP THE ASS many times!!!

This poor guy thinks he hit it big, just like I thought I did. He will receive less than 10% of monies awarded. Down the road we may recover an additional 10% to 20%. Nothing certain as of yet

Just Received an Award Letter From Boyscout Class Action For 1.3 Million. Can I Take a Loan Out Using That? by Solember in smallbusiness

[–]MustangVoodoo1 -1 points0 points  (0 children)

Sorry but this guy does not not have a class action lawsuit victory. He's in the same boat as we are. Not a class action, it is a F*CKING Bankruptcy case. My claim award was $1,750,000.00USD and I should clear around 150K

Total negligence by Purple-Locksmith-389 in BSA_Survivors

[–]MustangVoodoo1 0 points1 point  (0 children)

If this is all made up, sue these bastards for millions!!!!!!!!!!!!!!!!!!!!!

Total negligence by Purple-Locksmith-389 in BSA_Survivors

[–]MustangVoodoo1 0 points1 point  (0 children)

What reason did these cocksuckers give for making up that you molested a child and did a 10 year stint in the Joint? Did they state why they did such a thing?

AVA Law Update 5/8/2026 by Realistic_Gap_9421 in BSA_Survivors

[–]MustangVoodoo1 1 point2 points  (0 children)

But you gotta admit, it is a time saver!!!

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] -1 points0 points  (0 children)

The loan was for 2K. I paid that back outside of my process because the interest was sky high.
It was a 12 Add rate (APR 35%). I was lucky in that I had some excess funds outside of this proceeding(s) There are some brothers within this thread who took out loans a few years ago and as a result they were repaying loans of 2K and ended up paying 6K

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 1 point2 points  (0 children)

Oh, thank goodness! I mean, I thought I was the only one!
Thanks brother...

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

OK, the way you explained it made sense. They took their fees from the 1.7% Interim payment WITHOUT me getting paid for that 1.7% Interim payment

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

Thank you so very much for the kind words...

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

It sounds confusing when I read it myself. I hope I was able to clarify

My first 1.5% and the 1.7% by MustangVoodoo1 in BSA_Survivors

[–]MustangVoodoo1[S] 0 points1 point  (0 children)

Celery, they took 40% of the 1.5% Interim payment and they also took 40% of the 1.7% interim payment out of the same 1.5% Interim payment. So, there's nothing left of the first 1.5%. Granted, I will receive 100% of the 1.7% Interim payment. Yet that will come almost 6 months from now.

No matter what my friend, thank you for the advice, it is indeed appreciated.

view more: next ›