CBC settlement Funding Feed

October 23, 2022

Vulture Suggests"Honor a Legacy" by Selling Structured Settlement for Pennies on the Dollar

by Structured Settlement Watchdog

One can always count on shills for CBC Settlement Funding to prostitute a really good settlement planning idea, for pennies on the dollar predation of vulnerable annuitants. Shameful. Don't fall for it. Let me break it down for you.

First, The Good Idea

Creating a Loving Legacy by creating a payments stream  (or payment streams) using structured settlements. Create structured settlement payment streams to fund:

  • Annual holiday gift " from Dad", "from Mom" or "from Grandpa or Grandma"
  • Annual birthday gift
  • Funding college or graduate school

My video "Money and Meaning: Creating a Loving Legacy Using Structured Settlements" provides more information.  Click to watch immediately below

The Bad Idea from the CBC Settlement Funding shills behind Structuredsettlements(dot)com 

Honoring a Legacy with your Structured Settlement  (Translation: "sell your payments for pennies on the dollar" and then...)

  • Loss and money on their own evoke strong feelings – and together can be explosive. But it doesn't have to be.
  • Instead it can be something beautiful to actively pay respects to the person you lost. It could be a way to realize your dream of finishing college. Or it could be that you've always wanted to be your own boss. Or maybe you just want a home to call your own.
  • Whatever your dream is, a settlement can be the way you turn that dream into a reality.

Just remember what StructuredSettlements(dot)com is all about by their own admission

"StructuredSettlements.com is an educational and financial resource for people who are interested in selling their structured settlement or annuity payments. We arm you with the information you need to make the best decision for your situation, and we connect you with experts who can help you achieve financial freedom".

How do Structuredsettlements.com and Annuity.org make money?  From generating leads for CBC Settlement Funding, its partner in the cash now for structured settlement industry.  

There is clearly nothing saccrosanct in Conhohocken.

 

 

Posted at 05:35 PM in CBC settlement Funding, Factoring Companies as "Financial Planners", Structured Settlement Factoring News, Structured Settlement Watchdog® |

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August 20, 2018

Sell Any Annuity Nailed In "Find Best Possible Buyer" Scam | Phones Are Answered by CBC Settlement Funding

by Structured Settlement Watchdog

Sell Any Annuity's careless tweet exposes the fraud on structured settlement consumers. The tweet  (see below), which was posted on the Twitter feed of one of at least three websites that generates leads for CBC Settlement Funding, makes the false and wholly misleading claim that its mission is "to help you find the best possible buyer once you're ready to sell your #annuity or #structuredsettlement."

"Find a Best Possible Broker" Scam Made by Sell Any Annuity With A Sole Beneficiary

CBC Settlement Funding is not a company that I would recommend that structured settlement consumers patronize. CBC Settlement Funding, the longstanding beneficiary of questionable predatory advertising has been well documented. Earlier this month the predator lead generators for CBC, pitched annuitants with "Keep your eye on the prize" as if CBC Settlement Funding's money losing pennies on the dollar value proposition was a prize. Click on the link at the beginning of this paragraph to learn more.

Based on the specific dishonest business practices, that I've already documented, I smelled a rat.   I called the toll-free number on the tweet three times and CBC Settlement Funding states that it records the calls. That's great to document the calls and to confirm the Sell Any Annuity/CBC scam, all of which were all made around 6pm on Monday August 20, 2018. The first call was to confirm that it was CBC Settlement Funding. The second call nobody answered and the third call was answered by someone named Mike from CBC Settlement Funding with whom I engaged in a purportedly recorded conversations about the tweet. I asked Mike if there was any other company besides CBC Settlement Funding (relating what was claimed in the tweet) and Mike confirmed that CBC Settlement Funding is the only company. I thanked Mike for his time, told him who I was and that I was speaking as structured settlement watchdog and said I know this call is being recorded so there is a permanent record which should be preserved.

 

Any judge considering a petition from CBC Settlement Funding should be aware of how CBC Settlement Funding generates leads for business. 

Res Ipsa Loquitur

 

Sell Any Annuity CBC Find Best Broker Scam 8-19-2018

Posted at 06:55 PM in CBC settlement Funding, Conshohocken Structured Settlements, Factoring Company Bad Business Practices, False Advertising Re Creating, Buying or Selling Structured Settlements, National Association of Settlement Purchasers (NASP), Structured Settlement Factoring, Structured Settlement Factoring News, Structured Settlement Transfers, Structured Settlement Watchdog® |

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October 06, 2010

Settlement Funding: What's Your CBC?

by Structured Settlement Watchdog®

A CBC blood test will sometimes be ordered by your doctor to monitor your health,  watch for indirect indications of disease direction, and side effects of treatment.  But when it comes to those with structured settlement payments, do you really need a CBC?

Complete_blood_count_cbcr "Complete Blood Count"?

You see "cash now pusher" Covered Bridge Capital Settlement Funding  (CBC Settlement Funding) falsely advertises that you can "get your cash today!" in an advertisement accompanying its press release* announcing its corporate HQ move from Blue Bell to Conshohocken, Pennsylvania. Any reasonable person reading this could be misled to believe that you can make the call and get your money wired into your account today. Structured settlement factoring transactions must be approved by a Court as being in your best interest and that of your dependents. There are liens searches,  forms to fill out and sign,  and you need to be able to articulate your reasons for cashing out. Even if all the forms were filled out today, there is still a wait to get a Court date.  Some cash now pushers offer a small amount ( e.g. $2,000) to tide you over, but that is not what the CBC Settlement Funding advertising implies, does it?

CBC also presents an interesting character study in its press release. It has human beings as both a title and a rule of conduct.

William J. Skyrm, former in-house counsel for "The Bryn Mawr Bunch- JG Wentworth, is listed as a Principal, while another JG Wentworth alum James Goodman, is described as a "Principle". To those old enough to remember, this may cue visions of  "Shimmer", the fictional Saturday Night Live product touted by Chevy Chase to be both a floor wax AND a dessert topping.

The "principle" that leads a company, like CBC Settlement Funding, to the use of false cash now advertising is not a very good start, in my opinion. The company's use of "cash today" is egregious.

If you have a structured settlement, need cash and you have exhausted other options,  there are plenty of companies in the factoring industry that are both competitive and do not falsely advertise.

And, if you need a CBC,  go see your doctor!

* as of October 6, 2010 12:00am

Posted at 12:09 AM in CBC settlement Funding, Conshohocken Structured Settlements, Structured Settlement Advertising, Structured Settlement Factoring News, Structured Settlement Watchdog® | | Comments (0)

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Guide to Structured Settlements 2023

  • What is a Structured Settlement? What You Need to Know
    Structured settlements and what you need to know about them including a helpful introductory video featuring 2023 A.M. Best Client Recommended Structured Settlement Expert and Registered Settlement Planner John Darer® of 4structures.com® LLC
  • How Do Structured Settlements Work? How Structured Settlements Work
    How structured settlements work, including 4structures.com LLC's super helpful structured settlement flow chart/diagram showing how structured settlements fit in on the spectrum of settlement planning solutions.
  • Rated Ages and Structured Settlement Cost
    Rated Ages for Structured Settlement Annuities present advantages to all parties. Shift the mortality risk to a life insurance company whose business it it is to assess mortality risk to price its life insurance and annuities. Rated ages boost your structured settlement annuity benefit per premium dollar, or your yield on lifetime payments. Rated ages help to reduce the cost of funding a Medicare Set Aside arrangement where a Structured MSA, is being used { WCMSA LMSA or NFMSA].
  • Structured Settlement Annuity Companies 2023
    Which life insurance companies issue structured settlement annuities going into 2023? 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.
  • 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.
  • Compare Structured Settlement IRR to Other Settlement Alternatives
    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
    Ways You Can Structure Your Settlement Payments. With a structured settlement you can have more than one type of payment in a single contract. Different types of structured settlement payments can be customized and combined to meet your needs on a stand-alone basis, or in conjunction with other financial products. Diversify your structured settlement, if you wish, by funding with more than one annuity issuer, with treasury funded structured settlements, index linked structured settlement payments and market based structured .
  • Structured Attorney Fees for Tax Deferral for Contingency Fees
    Structured attorney fees is a financial strategy that offers a unique way to defer taxes for lawyers and law firms. Lawyers CAN structure their legal fees even if the plaintiff doesn't structure their settlement. There are multiple ways to structure your attorney fees, such as the an index linked structured settlement where payments are adjusted based on upside changes in the S&P 500 with no downside and a cap of 5%. Trial Lawyers may also use a special deferred pay/deferred compensation arrangement, if market based returns returns are desired with no cap. Plan NOW for year end! Put structured attorney fee expert John Darer® on your settlement planning team.
  • Structured Settlement Annuity Company Customer Service Phone Numbers
    Receiving structured settlement payments from your own structured settlement or inherited structured settlement? You'll like this huge time saver. Click the title for a link to a comprehensive list of customer service telephone numbers that includes both current AND former structured settlement annuity issuers and reinsurers. If you have simple bank or beneficiary changes, or if the insurance company that issued the structured annuity has merged, sold or spun off its block of structured annuity business (e.g. Aviva, Allstate, Transamerica, AEGON, GE Capital, Liberty, CNA, Confederation Life) or changed its name and you're trying to track them down, here you go! The list is regularly updated. Last updated September 14, 2023
  • Structured Settlement Quote Lock-Ins | What You Need To Know
    What does a Structured Settlement Lock-In Mean? How do plaintiffs, defendants and insurers benefit from a structured settlement quote lock in when finalizing a settlement? How does the defendant/insurer/court benefit from using a structured settlement lock-in? Where to be careful when using structured settlement lock ins.
  • 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

Qualified Settlement Funds

  • What is a Qualified Settlement Fund?
    Qualified Settlement Funds | What You Need to Know
  • Firmwide Qualified Settlement Funds Debunked
    Firmwide qualified settlement funds have been heavily promoted to trial lawyers, but have been debunked in a detailed analysis in a July 2022 legal opinion a tax partner at the law firm of Faegre Drinker Biddle & Reath, LLP. Trial lawyers and firms who have established Firmwide QSFs or coinsidering establishing a Firmwide QSF should read the analysis as part of their evaluation.

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    with a stable readership that seeks credible structured settlement information, John Darer Reviews, commentary and/or opinion about topical issues related to settlement planning, targeted to lawyers, injured persons and their family members, guardians, survivors, judges, magistrates, special masters, mediators, administrators, trust companies, insurance company executives and adjusters, financial advisers, settlement professionals, financial professionals, insurance regulators, government leaders, federal and state law enforcement, buyers and sellers of structured settlement payment rights, the news media and other interested parties. 4structures.com LLC established this structured settlement blog in 2005. John Darer ®, CLU ChFC MSSC CeFT® RSP CLTC, President of 4structures.com, located in Stamford, CT 06902. John Darer is an experienced New York City area structured settlement expert, structured settlement broker, Certified Financial Transitionist, and Registered Settlement Planner. He holds insurance licenses in 45 states, has 40 years financial services experience and more than 29 years in the structured settlements and settlement planning space. In his capacity as a investigative journalist and commentator, and professionally, John Darer passionately believes that shining the light on a business practice is both healthy and newsworthy. It is in the best interest of injury victims, their families and their legal advisers, that the settlement planning discussion involve those that are properly trained in the topic, properly informed on the topic and, with respect to structured settlements, properly licensed and/or appointed. It has significant instructional and deterrent value to other practitioners and firms as well as those who may be caught in the cross hairs. WHAT YOU GET here is the straight stuff with a touch of irreverence and humor. We hope you enjoy and find the content to be helpful. Subscribe to the structured settlement blog feed, or a specific category feed through your blog reader, or through the Subscribe button at the top left of this page. Followers of JDDarer™ on Twitter may also receive select content. If you would like to speak with John he can be reached at (888)325-8640 Thank you for reading! Last updated December 4, 2023

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  • New York Insurance Advertising law requires the full name of the Insurer to be listed along with the city and state of the principal office. Stating that you represent these fine companies using Insurance company logos without the preceding information are also illegal
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Why Take a Structured Settlement?

  • A structured settlement offers guaranteed financial security to personal injury victims, wrongful death survivors and their families. A structured settlement involves a customized stream of payments, provides long-term stable tax-free income, for a period of years or a lifetime. Unlike other income annuities. a structured settlement annuity can have multiple payment streams to address multiple needs in a single contract.

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