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  • STRUCTURED SETTLEMENTS 4REAL IS A POPULAR SOURCE OF SETTLEMENT INDUSTRY NEWS AND INFORMATION
    with a stable and growing readership targeted to settlement professionals, financial professionals, lawyers, injured persons and their family members, guardians, survivors, judges, magistrates, special masters, mediators, administrators, trust companies, insurance companies, financial advisers, insurance regulators, government leaders, the media and other interested parties. Established in 2005, the blog has been among the most prolific, providing fresh structured settlement, settlement planning and litigation recovery management content and commentary virtually every day! Structured Settlements 4Real is authored by John Darer, CLU ChFC CSSC RSP, President of 4structures.com, LLC, an actual participant in the structured settlement industry (be aware that a lot of material on structured settlements and other settlement planning issues is written by those that aren't). You won't find scraped content or "pay per post" fluff here! WHAT YOU GET is the straight stuff with a touch of irreverence. Comments ARE welcome, but subject to our comment filtering and track back policy (see below) You can subscribe to this blog through the blog reader associated with your Internet browser, or through the Feedburner or Feedblitz links on this page. You should also consider "book marking" or "favoriting" Structured Settlements 4Real so that you can return later and use it as a reference. Come back soon or subscribe through your blog reader!

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  • ThankYou for keeping integrity alive. CS 12/1/09
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  • "All the others that I had emailed & have seen on the net were "cash now types" & have no concern of me & just are looking for my $$$. When I came across your site & blog I realized that u are an upstanding guy & are not like others. That's why I emailed"
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  • The use of the NSSTA Financial Security Hand Out by Structured Settlement Brokers and Settlement Planners With Plaintiffs or Attorneys in New York May Violate The Law
    The New York State Insurance Department Office of General Counsel opined in January 2009 that the fact that the brochure generally discusses guaranty funds is irrelevant and where aimed at New York residents is unlawful. A number of other states have similar prohibitions.
  • New York Insurance Advertising law requires the full name of the Insurer to be listed along with the city and state of the principal office. Stating that you represent these fine companies using Insurance company logos without the preceding information are also illegal
  • If You Are the Structured Settlement Broker For the Primary Insurer and Your Client Is in A Policy Limit Situation, don't imply to the plaintiff lawyer that you or your Company represents the Excess Carrier Unless (1) you actually do AND are appointed on the file (2) You have authority from THE EXCESS CARRIER To Engage the Plaintiff Attorney. If you do not have such authority and represent or imply that you do, you not only compromise the carrier's position, but you bring your trustworthiness, and that of your company, into question. You also bring shame on the industry which should not be tolerated
  • When it comes to settlement documents it is the ultimate responsibility of the lawyers or claims adjusters who receive input concerning the structured settlement aspects of the documents to actually read the entire document, exercise independent thought and advise their clients properly
  • If you advertise that you are "plaintiff exclusive" then you cannot logically be on the USDOJ list of annuity brokers. If YOU elect to proceed, choose your punishment...perjury or false advertising!
  • Be aware that financial advisors use of testimonials is prohibited or restricted
  • Most states require that Testimonials represent the CURRENT opinion of the person who made the testimonial. Be prepared to back it up.
  • Number of States That Prohibit Payment of QSF expenses by licensed agents and brokers
    5 Survey not yet complete.

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« Oregon Law Seems to Preclude Use of CSSC in Advertising by Settlement Consultants | Main | Mind Your Hubs and Spokes with Social Networks and Online Professional Information »

November 03, 2009

Where "Fast Cash Now" Apparently Means The Speed of a Tortoise

200px-Galapagos_giant_tortoise_Geochelone_elephantopus
The "fan mail" is pouring in for Structured Asset Funding.... 

"I would highly recommend not doing business with this company. Three months after my money has been promised to me (after 9 months of court and notarized paperwork), I still have not seen a single dime, and am facing imminent foreclosure. Answers are not satisfactory. It's always "We're just waiting for the bank to release the funds." How hard is it to write a check? I am very aggravated at the entire process and regret my decision wholeheartedly".-words of Rachel P.  from just a few days ago on 10/30/2009 on the Better Business Bureau, website feedback for Structured Asset Funding, LLC.

Food for thought:

  1. These are the same people that took 6 months to pay "The Connecticut Woman" in a deal referred by NSSTA member Ron Sullivan of Bradford Settlements and brokered by Rhonda Bentzen.
  2. These are the same people who advertise "fast cash now".
  3. These are the same people that Rhonda Bentzen of Bentzen Funding Solutions hands the funding football to when you refer a case to her. Bentzen has written to this author in August 2009 stating that what Structured Asset Funding, LLC does is not her problem (even on her own customers that she hands off for funding). Following Bentzen's logic the Madoff fiasco is not the problem of the feeder companies. Preposterous, in my opinion.
  4. These are the same people who imply in their advertising that it is wise to sell your structured settlement to buy a boat or a Ferrari.
  5. The Better Business Bureau of South East Florida and The Carribean shows the same address for both Structured Asset Funding, LLC and Bentzen Funding Solutions, LLC (1250 East Hallandale Beach Blvd, PH-A Hallandale, FL 33009), although Bentzen Funding Solutions' BBB rating is shown on the day of this post to be slightly worse.
  6. Structured Asset Funding also acts as a "servicing company" for factoring deals referred by Bentzen Funding Solutions where the annuitant has not sold all of their structured settlement payment rights.

If you wait long enough Most people can't afford to wait THAT long!

Delays in Funding Not my Problem, Says Bentzen...August 6, 2009

Bentzen Funding Apology Letter from "Cash Now Pusher" Structured Asset Funding President!  May 15, 2009

09:31 AM in "Cash Now", "Cash Now" Pushers, Bentzen Funding Solutions, Better Business Bureau, Factoring Company Servicing, False Advertising , Rhonda Bentzen, Structured Asset Funding, Structured Settlement Transfers, Truth In Advertising, Truth In Advertising Structured Settlement Factoring, Truth in Advertising Structured Settlements |

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