Friday, May 2, 2008

Home Siding Class Action = Free Money

I just became aware of a class-action lawsuit against certain home hardboard siding manufacturers that was filed on behalf of homeowners. Apparently many homes had siding installed that was deemed defective during certain periods of time over the past 10-20 years. Several hardboard siding companies have settled class action lawsuits and have set aside money for homeowners who may have been affected.

I was contacted by a company called National Claims Recovery who works on a contingency fee to recover this money. In most cases the amount you may receive can range from anywhere from $2000 to $5000 in tax-free money! NCR will send a claims specialist to your home to go over details and explain what they do... there is no cost to the homeowner out of pocket, their fee is charged based upon how much your settlement is made for. For example, if you received a $3000 settlement, NCR would receive $1000 of that amount. Yes, a 33% fee is a little high, but considering that I wasn't aware of the lawsuit in the first place, and they brought it to my attention, it is still money that I would not have obtained at all! So to me, it was still well worth agreeing to the terms of their service contract.

For more information or to see if you and your home may qualify for a hardboard siding settlement you can visit National Claims Recovery's Website at:

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