by Structured Settlement Watchdog®
Client First Funding asks us "if we have been back to our favorite beach lately only to find there's not much sand left?" The analogy is used in an apparent attempt to unsettle structured settlement annuitants about "inflation and other economic forces". They say the longer you wait for your money the less it it will be worth in a website page on "key concepts".
It was only a year ago that Client First CEO Burt Kroner and I were having a nice chat about a deal in which a Florida factoring company paid just under $600,000 to a 29 year old Tampa area unemployable single father man with very young children with said amount, replacing a good "job" with Allstate Life Insurance Company that the man "could never be fired from" for the rest of his life. The discounted lump sum, if invested, was supposed to be sufficient to raise his kids, put them through school and last the rest of his life. It was only a year ago that this young man was delivered that "sand castle" from Santa and he contacted me.
Fortunately within two months of his New Year's Eve 2013 call to me and my nice chat with Burt Kroner, the court order was vacated and the young man's payments were restored. After all it was "client first".
The nice thing about a structured settlement "beach" is that there is plenty of "sand" in the dunes. Thar's why Burt and his investors, and his competitors, and their investors, want to buy it. It provides safe and secure income, core income that you should be able to depend on.before you take risk A structured settlement is a river of income, not a sand castle subject to the ebbs and flows of a tide, a rake or the latest deposits of seagull guano. The volatility of mutual funds and the stock market is even more unpredictable than the tides, which can be affected by gravitational actions of the sun, moon and Earth.
It's Christmas time, quit hocking your "stocking"