Litigation

First we had the verbal information from 4 independent sources.

Then we obtained a copy of an broadcasted email from an insider which stated that the reins of Treasurer were bing turned over to the factoring intermediary. 

Today we have a copy of the organization's Form 990-EZ : Short Form Return for Organization Exempt From Income Tax. The latter, which was obtained today in response to this author's request under mandatory public disclosure rules** for non profit organizations represents the indisputable proof that the Society of Settlement Planners has Rhonda Bentzen,  a factoring company intermediary from Franklin, TN, on its Board of Directors.

Download SSP 2009 Form 990 submitted 5-14-2010

The SSP appears to exclude all other factoring entities and representatives

Rhonda Bentzen is the same factoring company intermediary who offered and paid a "share of the spoils" to a significant number of structured settlement brokers and settlement planners both inside and outside the SSP, in exchange for business referrals. This is the same individual who attempted to sabotage a structured settlement transparency intiative in 2007-2008 and 2009 and tried to justify those payments as a means to get sellers a better deal. In May 2010 we reported how Bentzen was clobbered on a competitive deal by 50% having offered $84,000 to a seller compared to the winning bid of $124,000. Our sources tell us the deal was referrred to Bentzen by a structured settlement broker.

It is indisputable that such payments, which Bentzen represented less than 3 years ago involved 90% of her clientele (Download Bentzen Funding Solutions 90 pct blog post 12-12-2007) took money out of the mouths of desperate tort victims seeking liquidity. Those poor bastards ultimately had to sell more of their payments than needed to accomodate Bentzen's payoffs.

** see IRC 6104 (d).entitled "Public inspection of certain annual returns, reports, applications for exemption, and notices of status"