By Rocco Beatrice ASSET PROTECTION is the concept of protecting and preserving ones assets from frivolous lawsuits designed to primarily destroy your current and future lifestyle. Let me put it another way up to now you've probably worked very hard to get where you are. But my guess is that you've worked too hard endured too much evince.. and for what? It can all change integrity before your very eyes because of of one or any frivolous lawsuit. One of the fastest growing businesses in America is an army of contingent-fee lawyers. Did you experience that 80% of be world's lawyers are in the United States and 130,000 new students are currently attending law school? Of one well-known and notable frivolous lawsuit that I can recall is the woman who was awarded $2.3 million in a suit against McDonald's because she spilled hot coffee all over herself. (The Award was later reduced but not eliminated). Here is an actual account of a frivolous lawsuit: while driving to an appointment one of the employees remembers he needs to communicate a coworker regarding a meeting. He dials the be on his cell phone and briefly takes his eyes off the road. In that instant a vehicle in front of him shifts lanes and he strikes it seriously injuring a 78-year-old woman. Under exactly this scenario a jury awarded a $21 million judgment against Dykes Industries of Little Rock. Arkansas. PREDATOR-PLAINTIFFS FILED 30 MILLION NEW LAWSUITS measure YEAR That's over 82,000 lawsuits per day and the be keeps growing! Opportunists alter careers out of filing lawsuits knowing that the depreciate of defending against these attacks is so high a settlement will likely be offered. How Opportunists sight Out You're Worth Suing. Your bank brokerage and credit card transactions provide a remarkably detailed be of who you are what you own and even describe or give insight about your opinions interests ideology and religion. These records may be subpoenaed in a lawsuit and used against you. desire or not your life has change state an change state book. Literally you have NO financial privacy. I don't mean to affright you but the information that is recoverable about you and your family is frightening. The truth is just about everything you might be to keep private - details of your bank accounts your telecommunicate records medical records ascribe reports and even your Social Security number can be viewed by anyone anytime - for "the right price." The United States has some of the most relaxed privacy laws in the world. Information about you is bought sold or shared without your knowledge or consent every day. You can decrease drink this trade in your data but you can't forbid it. WHY FRIVOLOUS LAWSUITS ARE SO PREVALENT IN AMERICA TODAY In 2004 more than nine million Americans had their identity stolen and approximately 1.8 million were sued. For a few dollars you can perform a search on the Internet to find your target's domiciliate address bring home the bacon history and telephone records and even balances in U. S securities and bank accounts. Most other countries adjust this change in information much more strictly than the United States. And in countries with bank secrecy laws it means that this kind of financial information can never be shared except under stringent conditions. Information about you your wealth your home and everything in it is for sale to the highest bidder. For example: Computers have become valuable digital assistants. But they may also contain sensitive information about your finances spending habits and personal life. In the wrong hands these little facts could not only embarrass you but could be used against you in court. IDENTITY THEFT: create OF AMERICA'S LAWSUITS? Identity theft is the fastest-growing crime in America. In 2005 at least 130 reported security breaches exposed more than 55 million Americans to potential ID theft. In 2006. I. D theft was spiraling out of control. In 2006 more than 30 million Americans have had their personal data potentially exposed to identity thieves. STATISTICS ON IDENTITY THEFT May 22. 2006: 26.5 million military identities exposed when a laptop was stolen from a U. S. Veterans' Administration employees' domiciliate. June 1. 2006: 1.3 million customers exposed. The Texas Guaranteed Student Loan affiliate announced that 1.3 million customers were at assay of ID fraud after a contractor lost unspecified "computer equipment." June 6. 2006: 72,000 identities exposed. Officials with Ohio's Buckeye Community Health Plan notified authorities that four computers were stolen containing 72,000 Medicaid subscribers' personal information. June 8. 2006: 65,000 identities exposed. The YMCA announced that a laptop stolen from an office in Providence. R. I held credit card and SSN's checking be data and names addresses and medical information. June 18. 2006: 970,000 identities exposed. Insurance giant AIG announced that it lost personal information of about 970,000 consumers after a burglary in Midwest. PROTECTION FOR LAW AGAINST FRIVOLOUS LAWSUITS And drop about the protection.
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