by Structured Settlement Watchdog
Selling your structured settlement?
Be prepared to be bombarded with calls from cash now pushers! Here's why.
One independent contractor who states they "pull information from structured settlement cases as soon as they are filed from courts around the country (about 50 jurisdictions)" sent me an email to a little to no use, and unadvertised email address (used by a single individual in the factoring business last in 2011) with an example from "Gangnam, GA".
The data mining firm employed by cash now pushers, "goes through the courts each morning so that you get the freshest leads possible. Every lead has Name, Address, and Filing/Hearing date, and many include Phones, Payment Streams, or Future Benefits, where they are available" (emphasis added)
I'm not suggesting that there is anything illegal about this practice however, having heard for years from colleagues in the industry and from annuitants themselves that they are puzzled about the source of the calls when they thought the transaction was private, deserves an answer.