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A number of factoring companies including some big names are exploiting the fears of tort victims with AIG structured settlements. According to our sources tort victims are being falsely told that AIG is going bankrupt.  This author understands that AIG attorneys are on the case. The "cash now pushers" are apparently omitting the facts concerning the $85B loan from the Fed and reports from today's Wall Street Journal which said that AIG major shareholders are trying to come up with a plan to pay back the Fed within the term of the loan so that majority control of the company does not have to be ceded.

If you are the recipient of a structured settlement annuity from American General Life insurance Company, American International Life Assurance Company of New York or Variable Annuity Life Insurance Company (VALIC), do not panic! Speak with a structured settlement professional or other qualified financial advisor WITH NO FINANCIAL INTEREST in whether you transfer your rights to the structured settlement payments. Beware that there ARE a few structured settlement professionals who take kick backs from cash now pushers.

Selling your structured settlements for cents on the dollar to hyenas disguised in benevolence whose ultimate role is to rip bloody chunks from your financial carcass does not make financial sense.

The hyenas who call themselves financial advisors who prey on tort victims in the above manner deserve to be identified for all to see.

Recipients of AIG structured settlements who have been approached by any cash now pushers are encouraged to email this author with your story. We will be preparing a dossier for states attorney general.

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