Litigation

Bentzen Funding Solutions STILL HASN'T PAID Connecticut Woman as Promised! Update

By John Darer

Supposedly "Emergency Credit Meetings" are going on involving Bentzen Funding Solutions, Structured Asset Funding and their bankers to be able to pay what was promised to the Connecticut woman (who related to this author this morning that she has now lost part of her utlities), and 9 others. Supposedly this is the same "bag of donuts" that the Connecticut woman was told weeks ago.

According to both the Connecticut woman and the NSSTA member broker* who referred her to Rhonda Bentzen for the structured settlement factoring transaction, Bentzen WILL NOT give a date that the money will be paid despite repeatedly saying that the deal is done.

With respect to the current scenario is there any credence to the initials for "Bentzen says" being B.S.?

Bentzen purportedly told NSSTA the structured settlement broker that the Connecticut woman is "over the top". Speaking of "unreasonable", how about these apples?

182 days (5 months 31 days) since start of factoring process with Bentzen, October 23, 2008      
90 days  (3 months 3 days) since first Court hearing January 20, 2009 
56 days (1 month 28 days) since "closing"  date of February 26, 2009

Meanwhile the clock goes tick tock, tick tock...

and will keep ticking on this page until the Connecticut woman is paid.

This lady's experience with Bentzen Funding Solutions demonstrates a good reason for the structured annuity issuers to offer liquidity to their own annuitants under extreme hardship scenarios.

I'll leave you with a notable quote from Rhonda Bentzen dated March 14, 2008

"A price is just a price - one that any self-serving individual could claim to have the best of, especially when quoting it to someone who doesn?t truly understand the ins and outs of the business.  It?s what comes with that price that makes it all make sense in the end".  Download Bentzen Funding Solutions-Price Just A Price

With respect to the Connecticut woman does "what came (or in this case didn't come) with Rhonda Bentzen's price make it all make sense in the end"?

Catch Rhonda Bentzen hanging around  and doing the "stray cash strut" this weekend at the upcoming Society of Settlement Planners meeting in Washington, where she is in charge of membership.

*the broker stated to this author on April 21, 2009 that he did not receive any kick back or fees from Rhonda Bentzen as a result of the referral

Full post as published by Structured Settlements 4Real on April 22, 2009 (boomark / email).