Litigation

Federal Reserve to Stress Test Banks: "Let's See Your Capital Plans!"

Posted on November 17, 2010
The Federal Reserve has issued guidance that will require the 19 banks that underwent stress tests during the height of the 2008 and ongoing financial crisis, to undergo another review of their... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Qualified Settlement Funds and Factoring: Battle Hymn Of The Non Sequitur

Posted on November 17, 2010
Well I have debriefed one of the NASP attendees about the rest of the NASP panel that Pete Vodola and I missed Friday after we left to catch flights. My source tells me that the members of NASP just... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

NSSTA Seeks to "Wiggle It" Just a Little Bit

Posted on November 17, 2010
The National Structured Settlement Trade Association continues to dent its own members' credibility, in my opinion, by attempting to squeeze as much PR value as it can out of a Bronx judge's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

CMS Section 111 Reporting Continues to Be Moving Target

Posted on November 16, 2010
The Centers for Medicaid and Medicare Services (CMS) announced a further extension of the reporting deadline for the Medicare Secondary Payer (MSP) Mandatory Insurer Reporting (MIR) provisions in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Christian Little Self Proclaimed "Web Monkey", and Misinformation About Structured Settlements Expert

Posted on November 16, 2010
Christian Little of Vancouver Canada proudly calls himself a web monkey. "Web Monkey"? Unfortunately based on this evidence one must cast dismay on the level of literacy expelled by the British... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The Blogosphere Is The New Enforcer

Posted on November 16, 2010
Eric Turkewitz has penned an interesting article on the New York Personal Injury Law Blog entitled " FuneralHomes.com Digs Deep For Personal Injury Lawyers While the title is self explanatory and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The Genex Capital "Proctologist" Hemmorhoid on Structured Settlements

Posted on November 15, 2010
Roger Proctor is CEO of Genex Capital. In the past we've "affectionately" dubbed him the Genex Capital "Proctologist". His latest "hemorrhoid" is 4 paragraphs of commentary about the reduction in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Are Structured Settlements Subject to Federal Estate Tax?

Posted on November 15, 2010
One often reads the advertising claims that structured settlement payments are "tax free". Such statements are misleading. The TRUTH 1. To the extent a structured settlement payment represents... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Horizon Capital Claims To Offer " Fixed Term Annuities" Backed By Structured Settlements

Posted on November 15, 2010
Horizon Capital Solutions, LLC of Coral Gables, Florida claims to offer its investors "Fixed Term Annuities" backed by structured settlements, yet the investments do not appear to be annuities at... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Structured Settlements: The Ultimate in Predictable Income

Posted on November 14, 2010
Structured settlement expert and Registered Settlement Planner John D. Darer, CLU ChFC CSSC RSP discusses different aspects of structured settlements and different strategies and solutions in today's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

"Ruiz The Day". Did NSSTA Embellish Judge's Words? Why? To What End?

Posted on November 13, 2010
At the NSSTA hospitality suite in Las Vegas Thursday night, I couldn't believe that I actually heard that a member of the NSSTA Board of Directors believes that the NSSTA apparent embellishment of a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Settlement Annuity Payments ARE NOT Income Tax Free "Faz Ball"!

Posted on November 13, 2010
On the "links" of Glendale, Wisconsin's "Fazio National" there's a "divot" in the fairway. It's time to put it back in place. The Faz makes the misleading claim that "settlement annuity payments are... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Bellissimo at Bellagio! NSSTA Makes Continuing Ed. Simple Again

Posted on November 13, 2010
The National Structured Settlements Trade Association held its Fall Educational Meeting in Las Vegas November 10-12, 2010. I'm usually not a fan of holding professional meetings in Las Vegas due to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Structured Settlement Panel NASP 2010 Annual Meeting: Is Jupiter Aligned With Mars?

Posted on November 13, 2010
I don't know if the moon is once again in the 7th house or if Jupiter will align with Mars, but yesterday I crossed the road to participate in an industry panel at the Venetian hotel in Las Vegas and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Dumbest Things Said About Structured Settlements-2

Posted on November 08, 2010
This week's dumbest things said about structured settlements all come from Brian Summer's blog Iarticle.org A. On benefits to structured settlements Brian says: "Not accepting the award all at once... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

What Is Present Value and How Does It Apply to Structured Settlements?

Posted on November 08, 2010
The time value of money is how much money is worth if earning a given amount of interest over a given amount of time. if you invest $100,000 into a 30 Year United States Treasury Bonds at 4.12% and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

How Does Structured Settlement Broker Get Paid? Who Pays It?

Posted on November 06, 2010
Virtually every structured settlement broker or structured settlement planner boldly states that either: They work for free There is no charge for their services There is no cost for retaining their... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

NSSTA's Structured Settlement Factoring : The 71% "Non Solution" Is Wide of The Mark

Posted on November 06, 2010
In " Judge Norman Ruiz Gives Peachtree Settlement Funding "The Bronx Cheer! I lauded Judge Norma Ruiz as part of a circle of New York Judges who are examples of those doing their part to enforce the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Trends DAILY Means More Than Half a Decade?

Posted on November 06, 2010
Got To Hand it to Thomas Consulting Company, LLC the owners of Trendsdaily.net. You see on November 6, 2010 these "trend setters" posted the "shot heard round the world", a January 1, 2005 press... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Life Insurance Rate Relief for Smokers

Posted on November 05, 2010
If you smoke anything other than cigarettes you may now be able to qualify for "Standard Plus" non smoker rates on term life insurance, universal life, whole life or other form of permanent... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Spencer v Hartford Class Action Settlement Website

Posted on November 05, 2010
Structured settlement annuitants with questions concerning the structured settlement class action settlement in Spencer v Hartford should refer to the informational web page which one can find by... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

J.G. Wentworth Institutional Investors Getting Fatter At Annuitants' Expense

Posted on November 05, 2010
J.G. Wentworth announced today that it has completed a $212.5 million securitization of payment rights under structured settlement and fixed-annuity purchase contracts. The press release claims the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Do Some Mediation Documents Violate New York Structured Settlement Law/ Run Afoul of Federal Tax Law?

Posted on November 04, 2010
§ 5-1702 Initial Disclosure of Structured Settlement Terms In negotiating a structured settlement of claims brought by or on behalf of a claimant who is domiciled in this state, the defendant or... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Plaintiff Loyal Structured Settlement Planners Seeking Business from Government Buyers?

Posted on November 04, 2010
I was copied on an email addressed to Jack Meligan of Settlement Professionals, Inc., about renewing a listing in the Federal Buyers' Guide, a private sector government publication which targets... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Are Some Cash Now Pushers Suing Competitors So They Stick The Fork Deeper Into Desperate Consumers ?

Posted on November 03, 2010
For the second time in a few weeks, RSL Funding has issued a press release accusing a competitor of unsavory business practices. "Stewie" Feldman and Co. say that "In an effort to dissuade more... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Insurance Facts and Stats For Structured Settlement Annuitants or Those Thinking Structured Settlements

Posted on November 03, 2010
The November 2010 issue of Best's Review includes the supplement "2010 Insurance Facts and Stats: An Introduction to the Insurance Industry". It is full of plenty of relevant and useful information... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Intellectual Dishonesty on the The Internet: Rogue Number 1, from Cottbus

Posted on November 03, 2010
Intellectual dishonesty is the unfortunate by product of Web 2.0. RSS Feeds enable to grab other people's content and present it as their own. It is a constant fight for us. This author has noted... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The Plaintiffs, The Defense and the "Bridge Builders"

Posted on November 02, 2010
Bipartisanship is a political situation, usually in the context of a two party system such as the United States in which opposing political parties find common ground and are able to compromise to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

J.G. Wentworth Aping Allstate's "You're In Good Hands"

Posted on November 01, 2010
Allstate Insurance Company has been using the tag line " You're in Good Hands" or the "Good Hands People" for as long as I can remember. A quick search of the United States Patent and Trademark... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Some Of The Dumbest Things Said About Structured Settlements-1

Posted on November 01, 2010
There is just so much junk written about structured settlements from people who have no relevant professional qualifications whatsoever. So in this and future posts in this series we will highlight... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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