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: Structured Settlements 4Real

Patrick Hindert Is All "Poultry" On Strategy of Factoring as Growth Tool

By John Darer

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It's pushing 100 degrees in the nation's capital, close to that out here on Long Island Sound, and the "The Hindert Chicken Meter" is on roast.

Many in the structured settlement/settlement planning industry have for years  been subjected to Hindert's pontification about how factoring is route one to structured settlement industry growth while he simultaneously slags off the industry. This author has challenged Mr. Hindert to write a white paper to spell out his ideology and the struggle he is fighting. If he really believes in it, then put it out there for all of the world to see.

26 days have gone by since Hindert has been challenged. Hindert challenged me to a debate in a phone call shortly before May 13, 2008. The "Hindert Chicken Counter" hit the press on May 24, 2008 when it became obvious that Hindert 4 is avoiding the question now. The aforementioned is a continuous clock that will keep ticking until Patrick Hindert responds. You can access the clock and the original challenge by clicking on the "Hindert Chicken Counter" tag at the bottom of this post. or on the category heading on the right of this blog.

And for outsiders reading this blog, that while he is a member of the NSSTA, SSP, and various bar associations, this author believes that Mr. Hindert is a zealot whose views don't come close to representing the industry. The man has promoted a "bill of goods" without specificity, through his writings and presentations;the end run (for him it seems) being a putative alignment between one industry that is highly regulated to protect consumers, and one that so clearly is not.

If Hindert wants to convince people that factoring is "MiracleGro" for the structured settlement industry and, that factoring industry business practices are not one of the biggest contributing factors to structured settlement necrosis, then lay it out clucker! Hindert MUST address factoring industry business practices, a subject about which his years of prior commentary has been grossly under weighted.

Full post as published by Structured Settlements 4Real on June 08, 2008 (boomark / email).

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