National Association of Settlement Providers Feed

November 08, 2019

Fairfield Funding "Never Pay More Than" Discount Rate is Financial Rape, So Is One Third of It in 2019

by Structured Settlement Watchdog

Amanda Dobanton Esq. is a managing Partner and General Counsel for Fairfield Funding.  In the third point from the video below from the Fairfield Funding

Taking advantage of people
24% Discount Rate? It's Time To Call in SVU

website, Ms. Dobanton " educates" consumers with the sales pitch that they should never pay more than a 24% discount rate for the sale of their structured settlement payments.  Implying that a 24% discount rate is reasonable, when 25-30% of that is on the upper end of reasonable in 2019,  is a shocking indictment of the credibility of a member of the Georgia Bar and her employer Fairfield Funding.  The video was first published in 2013, but was re-published and uploaded to the most recent update to the Fairfield Funding website that is used to solicit Americans all over the country.   24% was financial rape then and it is financial rape now. According to our sources, structured settlement factoring deals are being done elsewhere in the 4th quarter of 2019, for less than 6% discount rate and, in some cases, for less than a 5% discount rate.

Selling a structured settlement payment to Fairfield Funding, or any other company like it, is a money loser 100% of the time. Because the most Fairfield Funding can offer you is pennies on the dollar, consumers should ALWAYS shop their deals.

 

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Posted at 11:43 AM in Atlanta Structured Settlements, Factoring Company Bad Business Practices, Fairfield Funding Commentary, Georgia Structured Settlements, National Association of Settlement Providers, National Association of Settlement Purchasers (NASP), Social Media "Road Kill", Structured Settlement Factoring, Structured Settlement Factoring News, Structured Settlement Watchdog® |

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Guide to Structured Settlements 2024

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  • Treasury Funded Structured Settlements
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  • 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 2024
    Ways You Can Structure Your Settlement Payments in 2024. 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 Attorney 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 capped or uncapped index linked structured settlement annuities where payments are adjusted based on upside changes in the S&P 500 or another index, 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 in 2024.
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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
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  • 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
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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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Structured Settlement Best Practices Corner

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