Litigation

If You Have To Sell, Don't Get Ripped Off! Effective Discount Rates As Low As 7.75%

Posted on August 17, 2009
One of our reliable structured settlement factoring information sources claims to have effective discount rates of 7.75% with only slightly higher for AIG paper. This author is not encouraging factoring. If have hit a devastating financial crunch however, AND you...

Woodbridge Investments Purveyors of Bad Structured Settlement Information AGAIN!

Posted on August 17, 2009
Blindly taking financial advice from a "cash now pusher" is usually not a good idea, particularly one that is dangling trendy baubles in front of your eyes hoping that you will be gullible enough to do business. Woodbridge Investments falls...

Canada.... "Patients are getting less than optimal care " Canadian Med Assn President

Posted on August 17, 2009
The National Health Care debate continues. Those pushing for national health care or universal health care may want to consider what is happening north of the border. The incoming president of the Canadian Medical Association says Canada's health-care system is...

Brokers versus Direct Funders in Structured Settlement Factoring Transactions

Posted on August 16, 2009
Stone Street Capital is now making the pitch that direct "cash now pushers"do it better" than brokers without the broker's fee. I imagine that some brokers would respond that a broker permits "shopping the market". Settlement Quotes, LLC factoring exchange,...

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"Full Nelson" Would Scuttle SEC Regulation of Indexed Annuities

Posted on August 16, 2009
SEC Rule 151A is the culmination of a decision by the Securities Exchange Commission to reclassify indexed annuities as securities. Effective January 12, 2011 annuity issuers will be required to file their products with the SEC. Solicitation will have to...

Repression Scorecard -2

Posted on August 15, 2009
The FDIC shut down of $25B 346 branch Colonial BancGroup, Inc. on Friday along with another bank brings the total bank failures in 2009 to 74. Colonial Branches will reopen as branches of BB&T with a total cost to FDIC...

News About Structured Asset Funding and the Servicing of Structured Settlement Payments

Posted on August 15, 2009
Those who have kept track of my latest expose of the servicing situation will recall that "cash now pusher" Structured Asset Funding is Bentzen Funding Solutions' funding source. Although Rhonda Bentzen recently disclaimed responsibility for anything to do with "her...

Peachtree Settlement Funding Latest False Advertising Scheme UGHHH!

Posted on August 15, 2009
The add below appears in a sponsored ad on the Microsoft search engine BING.com 8/15/2009 10:00am EDT "Structured Settlement Now

Matt Bracy Says Structured Settlement Servicing Is The Fault of Life Insurance Companies Issuing Structured Annuities

Posted on August 14, 2009
In response to our open market letter concerning structured settlement servicing I have received a response from Matt Bracy, General Counsel of Settlement Capital Corporation whose finger points squarely at the structured settlement annuity issuers, although he does not name...

Imperial Structured Settlements and JG Wentworth Glossary Missing Important Words That Are Intrinsic To What They Do. WHY?

Posted on August 14, 2009
A number of factoring industry companies have glossaries. The purpose of a glossary is to "decode" what industry terms mean to the lay person. I am particularly bemused by the glossaries on offer by Imperial Structured Settlements and JG Wentworth....

How to Make Comments on This Blog

Posted on August 13, 2009
Making comments about any of the posts on Structured Settlements 4Real is very easy. Simply scroll down to the end of the post. You will notice a time stamp, a bunch of key words and at the very end the...

Why Bring Up JG Wentworth Now ? Part One

Posted on August 12, 2009
The following short statement was posted by Andrew Cravenho of Settlement Quotes, LLC about JG Wentworth Chapter 11 in a post August 8, 2009 "After receiving approval by a Delaware judge, JG Wentworth received $100 million from their parent, private....

Who Will Answer the Question on Structured Settlement "Servicing" by Factoring Companies?

Posted on August 12, 2009
This is an open letter to the factoring industry AND the structured settlement industry We all know that structured settlement servicing exists. Servicing arises where an annuitant sells a portion of the payments rights and through a contractual arrangement ("servicing...

The Relevance of "Dollar Exposure" To Plaintiffs Is?

Posted on August 12, 2009
I'm sorry to have to have lift my leg... AGAIN... on the Forge Consulting "fire hydrant", but something still just isn't right, 2 years after I first brought this up. A. " We have over 5,000 cases under our belt,...

Why Bring Up JG Wentworth Now? Part 2

Posted on August 12, 2009
On May 7, 2009 a Bankruptcy Code section 1125 Disclosure Statement was issued as part of the Prepetition Solicitation of Votes With respect to the Prepackaged Plan of Reorganization of JGW Holdco, LLC, J.G. Wentworth, LLC and J.G. Wentworth, Inc....

Shouldn't It Be The Judges Responsibility to See That Factoring Company "Servicers" Are Bonded As Part of Judge's Oversight of Structured Settlement Factoring Transactions?

Posted on August 12, 2009
Much has been said of the state structured settlement protection acts which leave it to a judge to determine if the structured settlement factoring transaction is in the plaintiff's "best interest". Many judges are already doing a great job. But...

Peach Holdings "HIGHLY VULNERABLE" by S&P After Years of Peachtree Charging Bloated Discount Rates

Posted on August 11, 2009
Standard & Poor has downgraded from a B to a CC rating the debt obligation of Peach Holdings, Inc. "CC" is defined as "highly vulnerable" by Standard & Poors. S&P has stated that ?If Peach is unable to close on...

Structured Settlement Customer Service Telephone Contacts

Posted on August 10, 2009
4structures.com, LLC has a convenient listing of Structured Settlement Annuity Issuers and Their Customer Service Telephone Numbers all in one spot. The 4structures.com listing includes current structured settlement annuity issuers as well as those insurance companies no longer writing structured...

Settlement Planner gazumps competitor with "Local representation" Pitch then "Can't Perform" When It Matters

Posted on August 10, 2009
Heard an amusing story today about one of my competitors that markets on a national basis. You see this competitor (having worked on a small unrelated case involving the same plaintiffs, and thus learning of the new development from the...

The National Debt... Where Are We?

Posted on August 09, 2009
New York's National Debt clock made headlines last October when it ran out of numbers. It was scheduled to be replaced this year. For those who can't wait, don't have the means or don't wish to travel to New York,...

NSSTA Makes Right Move on Certified Structured Settlement Consultant Program

Posted on August 08, 2009
The NSSTA has finally moved to erase any doubt about its Certified Structured Settlement Program, after discussions with officials from the University of Notre Dame about how the credential should be promoted. The program has been branded the "NSSTA CSSC...

Is S2KM "AIG Structured Settlement Wiki" Lack of Maintenance Intentional?

Posted on August 07, 2009
There has been a lot of important news about AIG of late, but not a peep from Patrick Hindert. The mud mongerer of last Fall created an AIG structured settlement timeline in September 2008 and an AIG structured settlement wiki...

"Stone Street Capital puts structured settlement OWNERS' rights first" - PHIL

Posted on August 07, 2009
For those who can't see past the Teletubby liked mascot, perhaps this will open your eyes... Some dude named Phil has posted the following on the cash now pusher run Stone Street Blog today: "Stone Street Capital puts structured settlement...

" You Purposely Keep The Focus on Me" She Whinges.. Do I?

Posted on August 07, 2009
Despite all the whinging that all the focus is on her and not on the competition, the numbers tell a different story. Sitting here watching the Yankees-Red Sox I've been able to compile some statistics in between innings just for...

"Delays in Funding Not My Problem" Bentzen

Posted on August 06, 2009
I received a ranting stemwinder and somewhat farcical email from Rhonda Bentzen today in which she asks whether she can refer to me by "a title that is currently granted only to a top Shia mujtahid, after completing sat'h and...

Home Ownership "From Piggy Bank To Albatross" -Deutsche Bank

Posted on August 06, 2009
The percentage of U.S. homeowners who owe more than their house is worth will nearly double to 48 percent in 2011 from 26 percent at the end of March, portending another blow to the housing market, Deutsche Bank said on...

"The Life of Bryan" in The New "Millennium"

Posted on August 06, 2009
Headline: MetLife acquires Travelers from Citigroup Date: February 1, 2005 New York Newsday Headline: Met Life acquires Citigroup business (MetLife has reached an agreement with Citigroup to purchase Citigroup's Travelers Life and Annuity Co... Date: April 15, 2005 Risk &...

S2KM Blog Spam Farm "Crop Report"

Posted on August 06, 2009
The dog days of summer are proving fertile ground for the S2KM's digital spam farm. S2KM Blog has been a spam comment magnet and the neglect of the farm to prevent such comments through a simple screening process simply associates...

NATLE Endorsed Strategic Capital Misleading Advertising

Posted on August 06, 2009
Canadian factoring company Strategic Capital posts the following on its website as of 9:00pm on August 6, 2009: "A 2004 California Attorney General's report on the selling of structured settlement payments showed the average interest rate charged for the state...

The Pitfalls of Using of Absolute Superlatives In Structured Settlement Marketing

Posted on August 05, 2009
I'm not a big fan of using absolute superlatives in marketing. Too easy to get burned. The classic example is In early 2007 where we showed showed how the principals of one firm in the structured settlement industry made preposterous...

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