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May 06, 2008

RAM Funding "Note Jobs" Join Structured Settlement Illiterati

Isn't the factoring industry ashamed to be filled with, or be associated (via pay per posters) with  "illiterati"?

Check this advertising slogan from the "note jobs" at RAM Funding (a/k/a The Factoring Butt Heads")

"Sell your Structured Settlement Buyer to RAM Funding, nationwide buyer of structured settlements and YOU can collect your structured settlement annuity in one LUMP SUM OF CASH."

Does this utter nonsense imply that RAM Funding is dealing in "human slave trade"?! Hey, they'll pay you money for a "structured settlement buyer" (i.e a human being), or is this their way of "dealing with the competition"? Should Robin Marc Shapiro, Michael Goodman, Jim Terlizzi and Jim Lokey be looking over their shoulders?

Then the "Factoring Butt Heads" imply that if they buy your structured settlement "YOU can collect your structured settlement annuity in one lump sum of CASH". 

It sure is unsettling to know that some poor schmuck is going to trust their deal to a group of "Factoring Butt Heads" who don't even demonstrate that they even know the basics of what their business is all about?

Licensing (for structured settlement factoring) and minimum standards anyone? 

Posted at 10:53 PM in Factoring Company Bad Business Practices, False Advertising Re Creating, Buying or Selling Structured Settlements, RAM Funding, Settlement Advertising Wall of Shame, Structured Settlement Factoring, Structured Settlement Transfers, Truth In Advertising Structured Settlement Factoring |

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Guide to Structured Settlements 2024

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    Treasury Funded Structured Settlements are a settlement option for the most conservative using the OTHER permissible qualified funding asset under IRC 130(d), United States Treasury Bonds in addition to, or instead of, structured settlement annuities. Treasury Funded Structured Settlements can also be used to fund installment sales, also known as structured sales and other non qualified structured settlements.
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    Ways You Can Structure Your Settlement Payments in 2024. With a structured settlement you can have more than one type of payment in a single contract. Different types of structured settlement payments can be customized and combined to meet your needs on a stand-alone basis, or in conjunction with other financial products. Diversify your structured settlement, if you wish, by funding with more than one annuity issuer, with treasury funded structured settlements, index linked structured settlement payments and market based structured .
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    What does a Structured Settlement Lock-In Mean? How do plaintiffs, defendants and insurers benefit from a structured settlement quote lock in when finalizing a settlement? How does the defendant/insurer/court benefit from using a structured settlement lock-in? Where to be careful when using structured settlement lock ins.
  • What Are Structured Settlement Annuities?
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  • History of Structured Settlements
    Tracing the roots of structured settlements history from 1918, when Congress exempted damages for personal injury or sickness from income tax, to the establishment of structured settlements as a core personal injury settlement planning tool to the present day.
  • What Are Market Based Structured Settlements?
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Qualified Settlement Funds

  • What is a Qualified Settlement Fund?
    Qualified Settlement Funds | What You Need to Know
  • Firmwide Qualified Settlement Funds Debunked
    Firmwide qualified settlement funds have been heavily promoted to trial lawyers, but have been debunked in a detailed analysis in a July 2022 legal opinion a tax partner at the law firm of Faegre Drinker Biddle & Reath, LLP. Trial lawyers and firms who have established Firmwide QSFs or coinsidering establishing a Firmwide QSF should read the analysis as part of their evaluation.

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Structured Settlement Best Practices Corner

  • 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
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