Introducing the Canard of the Week
Time to bring a little more levity to some of the claims that factoring companies make to attract people to sell their structured settlement payment rights through structured settlement factoring transactions, for pennies on the dollar.
A. Is JG Wentworth a Structured Settlement Broker?
JG Wentworth is not a structured settlement broker, it is a structured settlement facoring company, alsocalled a structured settlement transferee in certain states like Maryland, Georgia and Louisiana. JG also does pre settlement loans. Simply buying a Google adword does not make JG Wentworth a structured settlement broker.
B. DRB Capital Pulls One Off the Old Peachtree
DRB Capital states on the Annuities section of its website (at time of publication) "there are many circumstances that lead to the need for the person receiving an annuity to collect all or some of the money all at once, rather than waiting for payments over several years".
DRB Capital is mistaken. Nobody but nobody gets ALL of their money if, or when, they sell structured settlement annuity payments to DRB Capital or anyone else. In fact selling your structured settlement annutyu payments is a guaranteed loser. Peachtree made the same canard years ago,in 2008.
See this capture of a 2008 Google search http://www.google.com/search?hl=en&q=peachtree%2C+%22cash+now%2 (typepad.com)