by Structured Settlement Watchdog
In a shocking discovery, twice bankrupt JG Wentworth and its sister company Peachtree Financial now apparently each identify as a " Settlement Consultant" as this May 12, 2021 screenshot shows. It's not clear how long the the Chesterbrook Pennsylvania companies' secondary market "dysphoria" has been building.
Patrick Hindert, co-author of a seminal industry text book lays out the typical services offered by settlement consultants. Upon information and belief neither JG Wentworth nor Peachtree offers any of the services Hindert mentions.
The National Structured Settlements Trade Association owns the registered trademarks for:
- Certified Structured Settlement Consultant (CSSC)
- Master Structured Settlement Consultant (MSSC)
Upon information and belief one would be hard pressed to find anyone associated with JG Wentworth or Peachtree that has earned either professional designation.
The fledgling American Association of Settlement Consultants (AASC) now has to contend with this sticky wicket. Does diversity and inclusion include JG Wentworth and Peachtree now that they each identify as settlement consultants?