by Structured Settlement Watchdog®
Reader Christina Storey writes
"My husband is currently waiting funding from 123 Lump Sum. We started this process over a year ago. It finally went to court on Sept.2009. We got the approval and now almost 2 months later still not funded yet. Yeah their slogan fast cash yeah okay that's a bunch of bs. Anyone going into this should know it's not gonna be that way and they are falsley (sic) advertising it on their site. I think we have been more then patient with these people. But we just keep getting fed more bs as to why we are not being funded. I'm waiting for them to just say sorry we can't do it we're bankrupt or something. I'm so confused"
123 Lump Sum is a trading name of Structured Asset Funding, LLC and handles the funding and servicing.
This is the 4th case this year that we've heard of where this company has dragged out the funding of a structured settlement factoring transaction.
I'm not making this stuff up. Sellers beware! Make sure you have considered and exhausted all other alternatives.
Have you experienced a long delay from a company that has promised you cash now? Tell us your story! Help yourself and help others!
Any other customers of Structured Asset Funding, 123 Lump Sum who have experienced similar delays are encouraged to contact this author so that we may publish your story. The viral power of the Internet will put pressure on the "cash now" pushers or settlement payment purchasers to deliver on their promises, to stop making claims that they cannot deliver. Your stories will be compiled for discussions with federal and state officials in the hope of improving the experience for others.