by Structured Settlement Watchdog
Novation Settlement Solutions is pulling a West Palm Beach Fire Drill. They yell " Fire" to people receiving structured settlements, but some of those people end up getting hosed in sub-par deals funded by Novation Funding. One New York man was hosed for over $1.4 million by Novation Funding.
Novation Settlement Solutions is a dishonest company in their advertising.
- Novation Settlement Solutions has advertised that it gives maximum pay outs when time after time it can be proven that they don't, because other companies often pay more, much more.Ask Cedric Martez Thomas and all the other minorities who have been taken advantage by Novation.
- Novation Settlement Solutions is now carpet bombing ads in all sorts of online news media trying to hustle people to sell their structured settlements "because interest rates going up". There is no need to rush when you're going into a bad deal. Selling your structured settlement is 100% guaranteed to be a money loser. It's only a question of how much of a money loser you want to be.
- Novation not even original. Let's give credit where credit is due. Roger Proctor, the President of Genex Capital tried to pull the same interest rate sales pitch in 2009 and 2010. Anyone who took his advice then, would have lost tons of money as interest rates fell. Here's how I covered that story.
Don't Let Your Structured Settlement Go Up in the Flames of a "Hot Deal" that Will Leave You Hosed Beyond Belief