by Structured Settlement Watchdog
RSL Funding has "lifted its leg" on the Imperial Holdings and Peachtree Settlement Funding fire hydrants, with a press release announcing an office opening that is tantamount to leaving a "scent mark" on the latter two cash now pushers' Boca Raton Florida territory. The press release specifically mentions that the office opening is in view of the recent troubles faced by its two competitors.
According to published sources, "markings with scent not only indicate ownership, but also act as a canine bulletin board. You could call it doggy Pee-Mail. Scent communication left by urine tells other dogs who has been there before them, how long ago the mark was left, and other important information".
The scent of urine tends to fade as soon as it contacts the air. That’s why dogs constantly freshen up with new markings on top or nearby the original. That appears to be the case here. Last October, in "RSL Funding Bitch Slaps Imperial" we provided commentary on the original "scent mark". Sources say that "some pups become so enthusiastic, they seem intent on throwing their hip out of joint to "baptize" everything they can reach" That's our "Stewie"!
One thing that needs to be corrected about the recent RSL press release. Imperial Holdings and Peachtree Settlement Funding are mischaracterized as "structured settlement companies". They are, in fact, factoring companies, or, as I "affectionately" refer to them, "cash now pushers". They do not create structured settlements, they acquire structured settlement payment rights from annuitants who sell those rights to them, subject to a state court approval process.
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