Frequently Asked Questions:
Question:
Do I have a conflict if I already filed an insurance claim with my homeowners or business policy?
Answer:
You should pursue your insurance claims as you normally would. You are only assigning claims your insurance did not pay on to the Texans Helping Texans Recovery Fund. The fund will only attempt to cover losses your insurance company did not pay for or for losses not covered by your insurance. You should pursue all your insured claims with your insurance company. You may proceed with your insurance company for insured claims and with the Texans Helping Texans Recovery Fund for claims your insurance did not pay on.
Question:
Is there a time limit to sell and assign my claim to be included in the Texans Helping Texans Recovery Fund?
Answer:
The current recovery fund has a deadline of February 28th, 2022. Claims sold and assigned before that date will have priority. Claims after that date may not be accepted.
Question:
Can I hire a law firm to handle my claim?
Answer:
While you can hire any law firm you chose, law firms do not have the data required to prove market manipulation claims. In fact, law firms are licensing our data and assigning their claims to the Texan Helping Texans Recovery Fund for these unique claims.
Question:
Is my data confidential?
Answer:
Yes, your data will only be used in accordance with the claim and case and software to enhance the claim.
Question:
If I have legal questions what should I do?
Answer:
If you have questions, you should speak with your own counsel, legal advisors or advisors who can give you input on how best to proceed. CirclesX is not a legal advisor or financial advisor.
Question:
How often will I be updated on the status of the potential 50% gross recovery of my claim?
Answer:
The website system is updated daily with updates. Some days, no new information will be known, but the most current information will be available on the website through your secure account.
Question:
How does CirclesX make money?
Answer:
CirclesX and our affilates have invested in our own claim with large energy database systems built over 20 years. We are also willing to front the legal and discovery cost involved with the case which will be expensive and costly. In taking these risks and buying your claim, we will lose if the case is not successful. If the case is successful, 50% of the gross recovery of your ORIGINAL CLAIM will be paid to you and 50% of the gross recovery will go to CirclesX to cover our software, business, legal and other costs. You have no out of pocket cash cost risk to join the fund. You are only forgoing the right to pursue your uninsured claims separately on your own.
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