It has to be said...The factoring company that has been endorsed by the National Association of Trial Lawyer Executives (NATLE), Strategic Capital, is on the "cash now pusher" list. What an embarassment!
Click here for the link to the NATLE web site which highlights this.
Here is one web page Download strategic_capital_corporation_cash_now_question_592008.pdf which ironically appears next to a tab entitled "consumer protection".
Here is another Download strategic_capital_corporation_cash_now_question_592008_no_2.pdf
Click here for the link to the webpage where NATLE represents to its members that the program was very thoroughly investigated by the NATLE Affinity Commitee. NATLE now looks foolish for this quote "When this happens, rather than have the plaintiff call one of those “1-800-Get-Your-Money-Now” companies seen on TV, they and their attorney can be assured that they are using a reputable company". That's a direct quote from the NATLE web site.
Let's face it, "cash now" is essentially a fraud on consumers. Companies like Stategic Capital, Peachtree Settlement Funding and advertise that they deliver cash now (Peachtree says "all your money now" which is even worse) but the reality is that if an AUDIT were conducted of every transaction since they started advertising "cash now" that they do not really pay "cash now". For those of you who on any given day may be seen to "plotz" over the subtleties of "may" versus "shall" why are you lowering your standards by the de facto endorsement of "cash now"?
I ask you how NATLE can, in good concience, endorse a company that is (among others) perpetuating this misleading advertising to consumers that NATLE and its members are trying to serve? What credibility do YOU, as a NATLE member have if this endorsement of Strategic Capital is a paid endorsement, which it appears to be as an affinity program?
Why does the fine Haggard Law Firm in Coral Gables, Florida appear to endorse this company on both the Strategic Capital website and its own?
The next question is which members of the structured settlement industry are currently endorsing Strategic Capital by sending business their way? Who is taking structured settlement factoring vig from Strategic Capital?