by Structured Settlement Watchdog®
A Sovereign Funding Group "flapper" holds up cue cards in a faux silent movie. I have to go "Mary Picky-ford" because one of the flapper flipping cue cards proclaims that Sovereign Funding Group offers "Conveniant No Risk Services". The video was produced by o-Assist for Sovereign Funding Group and posted on settlemenow and Sovereign Funding YouTube channels October 1, 2011. The voice of Sovereign Funding Group and o-Assist is Kathryn Sias, a self-stated "little old country girl from St. Louis" who resides in Port Richey, Florida.
I also discovered these bloopers on Arcadia/ St.Louis Examiner.com:
"Only 150 miles south in Arcadia / St. Louis consumers beware. Because of an up-swing in personal injury claims and awards, structured settlements became warrented in the 1970's." Kathryn Sias Oassist.com, for Sovereign Funding Group on Examiner.com January 14, 2012
Comment: Why should consumers in 2012 beware of the 1970s? Unless of course thats a veiled reference to some of the o-Assist produced commericals (for Sovereign Funding), a/k/a "The Six Million Dollar Ham".
Comment: Fluffernutter please!
<----John Cleese demonstrates a popular "silly walk" from the 1970s
Blooper "When a case is won, a company who can't pay the settlement in full may opt for a structured settlement or annuity paid out in periodic payments and over time". Kathryn Sias Oassist.com, for Sovereign Funding Group on Examiner.com January 14, 2012
Comment: Just as "there's no crying in baseball", there's no 2-for-1 sale in structured settlements! Periodic payments means "over time," thus no need to be redundant Kitty Kat. Very few companies "can't pay the settlement". Most structured settlements are the result of a compromise where the plaintiff has elected to receive periodic payments. But then again, Kat Sias says in the article "It's not the really current news we're after, although there is plenty"
Blooper "Because of the amount of claims settled, the IRS implemented laws and implemented regulation, both Federal and State regulations became effective. The structured settlements industry has not been out of the news since".
Comments: The IRS implements Federal tax law. To wit "The IRS is organized to carry out the responsibilities of the secretary of the Treasury under section 7801 of the Internal Revenue Code. The secretary has full authority to administer and enforce the internal revenue laws and has the power to create an agency to enforce these laws. The IRS was created based on this legislative grant". Section 7803 of the Internal Revenue Code provides for the appointment of a commissioner of Internal Revenue to administer and supervise the execution and application of the internal revenue laws. Source IRS.gov
The IRS DOES NOT administer or regulate state taxes.
"If a consumer is forced to sell a structured settlement or annuity then there are those who may purposly take advantage of the consumers bad situation". Kathryn Sias o-Assist.com for Sovereign Funding Group, as posted on Examiner.com May 6, 2012, first published January 14, 2012
Comment: Spell check please!
This example demonstrates AGAIN, why simply hiring an SEO firm to write articles can backfire on you if the writer is not a qualified expert on the subject. Kathryn Sias may be qualified to do SEO but in my opinion, as a credentialed structured settlement expert, based on what has been placed on display by o-Assist and Sovereign Funding, she and her team don't know jack about structured settlements.
If cash now pushers like Sovereign Funding Group would simply pay a little more attention to the quality of information they publish, including spelling and sentence construction, they would do consumers, themselves and the industry a world of good. The information is out there. Laziness is no excuse.
For further reference "Rebuttle" to Structured Settlement Companies Sovereign Funding SEO Expert March 2, 2012
On May 8, 2012, the day after this blog was published, a fake complaint appeared on a complaint site. Motive?