by Structured Settlement Watchdog
CBC Settlement Funding's apparent lack of attention to detail in what is published to generate leads for their business extends to oversight of two New York transfer petitions its lawyers submit to the Courts in its name.
1. Nassau County Index 0607989/2020 M. Curry case Judge Randy Sue Marber 8/6/2020 hearing.. Sale of $120,500 for $87,000
Seller's Affidavit #11 says " the money I receive will allow me to purchase a home. This will financially help me to not have the burden to rent which can increase annually. But #12 says "...allow me to better my life, as well as my families (sic) through building this addition on my home.
2. Suffolk County Index 0607989/2020 Ragusa case Judge David T. Reilly 8/20/2020 hearing.. Sale of $150,000 for $90,500
Seller's affidavit #11 says " the money I receive from CBC will allow me to pay for my daughter's tuition for school and pay off my outstanding child support. But at #12 says "...allow me to better my life, as well as my families (sic) through building this addition on my home".
What a "coincidence"! Two different sellers in structured settlement transfer petitions submitted to courts in two different New York counties have the same exact typo in their affidavit. Furthermore, in both cases #12 makes no sense in light of #11. I hope that Judge Reilly and Judge Marber pay closer attention than the Queens attorneys for CBC Settlement Funding in these two matters. What would a wider investigation show?
I previously reported in a sampling of cases attorneys for CBC Settlement Funding cited cases from more than 12 years old to 17+ years old to justify less than competitive current discount rates.
These types of things make a mockery of the New York structured settlement transfer process, in my opinion. Any judge that pays attention will see the incongruity.