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May 14, 2020

Orange Blossoms, LLC Harvests Florida Man's Structure at Ridiculous Discount Rate in Tampa

by Structured Settlement Watchdog

On March  24, 2020, Lajuan Davis refused independent professional advice and paid for it by stiffing himself for the $65,000 he could have got with a 5.4% discount rate, according to our source, which would have raised $140,000 in cash for $220,000 worth of lump sum payments. He might have even been able to do better than that. Instead Davis's structured settlement was harvested by piggy Orange Blossoms LLC, which paid him only $75,000.  Orange Blossoms, LLC is located at 5300 W Atlantic Ave STE 200, Delray Beach, FL 33484, the same address and suite number as Rising Capital Associates.

The effective discount rate on the deal was 13.65% which is not even in the  ball park of competitive. And Judge Caroline Tesche Arkin approved it May 5, 2020.

In Re: Approval of Structured Settlement Payment Rights by Orange Blossoms, LLC, Petitioner and L.D., Respondent

in the Circuit Court for the 13th Judicial District of the State of Florida m in and for Hillsborough County  Case 20-CA-002916  E-Filed March 30, 2020

Payments Sold

  • $20,000 due January 3, 2025
  • $100,000 due on January 3, 2027 and
  • $100,000 due on January 3, 2032

If Lajuan Davis needed only $75,000 then he could have kept some of his tax free structured settlement payments. Instead he effectively grossly overpaid the buyer and/or their investors, St James Receivables, LLC.

The lesson to be learned is to always shop around, no matter what.

 

 

 

 

 

 

Posted at 12:26 AM in Boca Raton Florida Structured Settlements, Hillsborough County Structured Settlements, Rising Capital Commentary, Structured Settlement Factoring, Structured Settlement Factoring News, Structured Settlement Watchdog®, Tampa Structured Settlement Cash Now, Tampa Structured Settlements |

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Guide to Structured Settlements 2025

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    Structured settlements and what you need to know about them including a helpful introductory video featuring A.M. Best Client Recommended Structured Settlement Expert and Registered Settlement Planner John Darer of 4structures.com LLC
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  • Rated Ages and Structured Settlement Cost
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  • Top Structured Settlement Annuity Companies 2025
    Which life insurance companies issue structured settlement annuities in 2025? A list of current structured annuity issuers, the location of their home offices and their financial ratings from A.M. Best, Moodys, Fitch, Standard & Poors and/or other Tier1 NAIC ratings, with links to their websites and other useful information. Last updated November 3, 2024
  • Treasury Funded Structured Settlements
    Treasury Funded Structured Settlements are a settlement option for the most conservative using the OTHER permissible qualified funding asset under IRC 130(d), United States Treasury Bonds in addition to, or instead of, structured settlement annuities. Treasury Funded Structured Settlements can also be used to fund installment sales, also known as structured sales and other non qualified structured settlements.
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    Use the Taxable Equivalent Yield chart to help compare the Internal Rate of Return (IRR) of a structured settlement to other alternative or complementary investments. Need help with the chart? Call 4structures.com® LLC at 888-325-8640
  • Structured Settlement Payments | Types of Structured Settlements 2025
    In 2025, you can structure your settlement payments in various ways. A structured settlement allows for multiple payment types within one agreement. You can tailor and merge different structured settlement payments to suit your individual needs, either alone or alongside other financial instruments. If desired, diversify your structured settlement by utilizing multiple annuity issuers, treasury-funded structured settlements, index-linked structured settlement payments, and market-based structured options.
  • Structured Attorney Fees for Tax Deferral for Attorney Contingency Fees
    Structured attorney fees offer a financial strategy that provides a unique method for deferring taxes for attorneys and their firms. Attorneys can structure or defer their legal fees independently of whether the plaintiff structures their settlement. There are various ways to structure attorney fees, including capped or uncapped index-linked structured settlement annuities with payments adjusted according to the S&P 500 or another index's positive changes. Trial lawyers might also opt for a special deferred payment/compensation arrangement if they seek market-based returns without a cap. As the year-end approaches, consider adding structured attorney fee specialist John Darer® to your settlement planning team for 2025.
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  • Structured Settlement Quote Lock-Ins | What You Need To Know
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  • What Are Structured Settlement Annuities?
    Structured settlement annuities are annuities that can provide one or more customized annuity payment streams in a single contract. Read about structured settlement annuities here.
  • History of Structured Settlements
    Tracing the roots of structured settlements history from 1918, when Congress exempted damages for personal injury or sickness from income tax, to the establishment of structured settlements as a core personal injury settlement planning tool to the present day.
  • What Are Market Based Structured Settlements?
    Market based structured settlements are an alternative or supplementary structured settlement solution for the plaintiff, attorney or law firm that: 1. Can afford to take some market risk 2. Have discretionary settlement dollars. Claimants and attorneys alike may find that market-based structured settlements provide the opportunity to receive tax-free income, or tax-deferred income, while enjoying growth potential.
  • iStructure |Uncapped Fixed Index Structured Settlement Annuity
    iStructure is an innovative game changing fixed index structured settlement annuity for plaintiffs or attorneys. with an intermediate to long term horizon
  • Structured Settlements and Longevity Risk| What Are the Odds?
    Do your financial resources give you enough road, or will the road run out before you do? A structured settlement annuity helps mitigate the risk of outliving your savings, no matter how long you live. A structured settlement can include one or more customized payment streams and types.

Qualified Settlement Funds

  • What is a Qualified Settlement Fund?
    Qualified Settlement Funds | What You Need to Know
  • Firmwide Qualified Settlement Funds Debunked
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