by Structured Settlement Watchdog
Advertising for Open Your Vault, a brand associated with John Butler's High Point Funding, was among those cited by trial lawyer Mike Papantonio in his RingofFire.com podcast on predatory business practices of structured settlement factoring companies.
A completely false and misleading video by on the Boca Raton company's website openyourvault(dot)com suggests that once you get a "vault code", "that is where the story ends". In order to sell your structured settlement payment rights you must comply with state law governing structured settlement factoring transactions.
Select quotes gleaned from the Open Your Vault website and its SEO efforts:
"With open your vault company Selling Structured Settlements for Cash in Florida has become such an easy task. All you have to do is to login to the official open your vault website, fill out some basic details and some simple forms and get your structured settlement sold'. [ source: SEO for Open Your Vault on Storify]
"Money is undoubtedly the most important factor in everybody’s life. In our day to day lives, half of our problems are due to money related things. Every person is looking for one or the other way to make more and more money" (including High Point Funding?) [Open your vault website]
"Won’t you love to have money that will fuel up your business within minutes and get your future carved to perfection? So why take that to be a simple dream when that can come closer than ever to reality? Open your vault will remain your favorite with respect to financial advices and assistance at any point of time". [Ibid.]
"Many huge business setups need money when they want to sustain losses (???] to just achieve customer loyalty, lot of people who start their start-ups need loans and moreover many people need money in terms of urgent circumstances". [ Ibid.]
High Point Capital was also at the butt end of the Terrence Taylor 11 structured settlement factoring deals approved "as being in best interest" by a Portsmouth Virginia judges in 2 years, according to a 2015 legal filing. Download Taylor Complaint v 123 Lump Sum et al. 2-26-2015. The Terrence Taylor story made the front page of the Washington Post in December 27, 2015.
Highpoint Funding has 3 Better Business Bureau reviews, all negative. Highpoint Funding has not responded to any of the reviews in timely fashion, or any fashion.
A search of cases in Broward County shows that lawyer Robert Ostrov, currently a judicial candidate in Palm Beach County counts HighPoint Funding among his clients. I guess, on this evidence that judicial candidate Robert Ostrov doesn't care how High Point advertises to get business.