by Structured Settlement Watchdog
We're now up to two members of the National Association of Settlement Purchasers who are resorting to specious scare tactics to get people to sell long term financial security of their structured settlements for the scraps on offer from NASP members. The latest false advertiser is CBC Settlement Funding which, despite no impairments in sight, attempts to scare people into selling their structured settlement by suggesting in 2017 that for peace of mind, "selling (your structured settlement) now ensures that you'll see the full amount of money" because ...."company bankruptcy could keep you from getting the full benefit."
CBC Settlement Funding's approach, through a lead generation website called SellAnyAnnuity(dot)com [ phone 888-302-3186 answers CBC Settlement Funding this morning), is a complete lie. If you sell your structured settlement to CBC Settlement Funding or any company you will never get the full amount of money. You will never get all your money if you sell your structured settlement to CBC Settlement Funding.
It's bad enough that people have to take a massive haircut when dealing with the likes of CBC Settlement Funding, but to scare people into "shedding the locks" on their financial security under false pretenses is repellent. Just as rotten as DRB Capital in DRB Capital Dubious CT Structured Settlement Transfer Disclosure to Bridgeport Woman.
What CBC Settlement Funding and DRB Capital have been doing needs to be closely monitored. Both are tied to publicly traded companies.
Less than 24 hours following the publication of this post the questionable post on Sell Any Annuity (dot) com was removed. Glad to see that, but it should never have been published in the first place.