Litigation

Structured Settlement Information from RAM Funding Is Full of Errors

Posted on July 22, 2008
Structured Settlement Information provided by RAM Funding is unreliable. RAM Funding makes the misleading statement that structured settlements provide a cash flow that is completely tax liablity free. Structured settlement payments where the periodic payments represent damages excludable under IRC...

"Peachtree Has A Girl... "

Posted on July 21, 2008
And Donna@yahoo.com is her name. My post PROVE IT Peachtree! Yeah I'm Calling You Out! asks questions of the advertising of cash now pusher Peachtree Settlement Funding (a/k/a Settlement Funding) Today I received a comment from Donna@yahoo.com who states "sorry,...

Halpern "Hysteria" Big Embarassment to SSP and NSSTA?

Posted on July 20, 2008
The current level of Halpern Hysteria is like male salmon desperately swimming upstream to fertilize eggs before they die. If they are not careful they may be be gutted by a grizzly instead . Background: Two documents have been circulated...

Partnership For "What's Dis"?

Posted on July 19, 2008
Pressman Settlements Corporation of Buffalo, NY is making it easy for the competition through its inattention to detail. From the Pressman Settlments website: How safe are structured settlements? Pressman states that "structured settlement payments are funded by either a life...

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Useless Google Blog Alerts on Structured Settlements That Bombard Us Daily

Posted on July 19, 2008
Google Blog Alert is a service provided by Google that permits a user to grab anything written about a particular subject, such as "structured settlements". Ideally the service is a time saver that helps an individual stay on top of...

PROVE IT Peachtree! Yeah Im Calling You Out!

Posted on July 19, 2008
This is a public call out to Peachtree Settlement Funding to PROVE IT! Specifically in this ad Download get_cash_for_structured_settlements__peachtree_settlement_fun.. 7192008.pdf Peachtree Settlement Funding claims the following: Get Your Money Now Get Cash For Your Structured Settlement Today Characterizes the "structured...

Structured Settlements Make No Apologies For Not Being Exciting!

Posted on July 18, 2008
I am encouraged by a number of attorneys who are writing articles about structured settements on their blogs. Jonathan P. Groth is an attorney in Wisconsin practicing civil litigation with the law firm of Pitman, Kyle & Sicula, S.C. in...

NSSTA and SSP Member Profiting From Factoring Advertisement?

Posted on July 18, 2008
Click the link below to be taken to Patrick Hindert's S2Km resources Wiki which is peppered with Google AdSense "pay per click" ads promoting "Cash Now Pushers" Peachtree and Novation Capital. Download hindert_s2kms2resource1_home_factoring_ads_galore...

The Spectacular Backfire of A "Marketing Strategy" to Trial Lawyers

Posted on July 17, 2008
I have been supplied with a copy of a 2007 New York Supreme Court Queens County Opinion in Garcia, Sebastian (inf) et ano v New York City Health & Hospitals Corporation (Index 26721/2000)- along with a series of other Orders...

These Weblos Are No Boy Scouts! Protect your intellectual property

Posted on July 16, 2008
It has been quite a week for intellectual property. Earlier this week in The Subtle Difference between Flattery and Plagiarism I discussed "plaintiff loyal settlement planner" Settlement Professionals, Inc. and its obvious plagiarism of a page from the 4structures...

Washington Square Financial, LLC... The New "Shimmer"?

Posted on July 16, 2008
Is Washington Square Financial, LLC searching for an identity or is it a modern day version of 70's era "Shimmer"? According to a press release dated September 10, 2007, Washington Square, LLC is a specialty finance company that purchases structured....

Louisiana HB133 Structured Settlements for Minors Bill Signed Into Law

Posted on July 15, 2008
On July 15, 2008, Louisiana Governor, Bobby Jindal signed HB133 a bill favorable to structured settlements and judgments in favor of children. The bill provided an amendment and renactment of Article 4521 to Code of Civil Procedure and enacted Articles...

New York CPLR 50B It's Not Just An Annuity Quote

Posted on July 15, 2008
One of the useful tools that most blogging software offers is the ability to see what people are searching for on search engines. One of this morning's Google queries was "using structured settlements to calculate NY 50b cases" so I...

New York Insurance Advertising of Charitable Contributions Quid Pro Quo Is A No Go

Posted on July 13, 2008
The question to New York State Insurance Department was as follows: An insurance agent who occasionally put advertisements in journals for charitable dinners for non-profit groups would like to state in such advertisements that: "For every new policy written, we...

The "Subtle Difference" Between Flattery and Plagiarism

Posted on July 13, 2008
In the immortal words of Carl Spackler "I have to laugh"... at Settlement Professionals, Inc. Someone at Settlement Professionals, Inc. decided to upgrade the company website and obviously the "lazy sods" thought they would save some time by pirating virtually...

Did Jimmy Joseph get The Best Deal From Peachtree Settlement Funding?

Posted on July 13, 2008
Peachtree Settlement Funding chooses to highlight that in 2006 a United States Olympic curling athlete, Jimmy Joseph, sold a portion of the (rights to) structured settlement payments (he receives for a double amputation) to pay for medical expenses. http://www...

John Darer and Mark Wahlstrom Podcast On The Impact of The "Best Week" Mid-Year Report Insurance Industry Market Capitalization: A Discussion on Speaking of Settlements

Posted on July 11, 2008
In this 15 minute Speaking of Settlements podcast John Darer, Scott Drake and Mark Wahlstrom, Chairman of the Legal Broadcast Network (LBN) discuss the loss of market capitalization among insurers in the AM Best index of publicly traded insurance companies...

John Adams Goes "Heavy Metal"- Factoring Industry Gossip Monger Inaccurate AGAIN

Posted on July 10, 2008
Rhonda Bentzen's gossip that John Adams left Atlas Settlements to join Aviva is, you guessed it, B.S. Adams joined Platinum Insurance Marketing, an insurance marketing agency that markets Aviva structured settlements to the field force. The agency also markets other...

WHO Takes Responsibility When This 43 Year Old FLA Woman Seeks to sell $11,000 per month lifetime structured settlement while it Is STILL PENDING????

Posted on July 10, 2008
Is a factoring company who feels bad an anomaly? Structured Settlements 4Real has learned that 43 year old Florida woman, who can no longer work, who is structured settlement annuitant, who has not even received her closing paperwork is looking...

FINAL IRC 468B Regulations ISSUED

Posted on July 10, 2008
The United States Depart of Treasury has issued long rumoured Final Regulations on IRC 468B. Before "QSF jockeys" start cracking open their Veuve Cliquot, the issue of "single claimant" qualified settlement funds was NOT addressed, despite being on the Guidance...

Structured Settlement Quotes

Posted on July 10, 2008
You're a lawyer, claims adjuster or plaintiff and you contact a structured settlement broker and you're interested in obtaining a structured settlement quote. What's the process? First, make sure that you are speaking to a true structured settlement broker, expert...

$60,000 in Fines For Transacting Insurance in CA without a License

Posted on July 09, 2008
An unlicensed company was fined $60,000 for transacting insurance in California without a proper license. Selling insurance in California without a proper license is illegal,? Commissioner Steve Poizner was quoted in the Insurance Broadcast. ?Consumers should not give an insurance...

Inaccuracies in "Scott Sidell Story"

Posted on July 08, 2008
A number of news stories have been published concerning the termination of Scott Sidell which include an inaccurate cite of his former employment. Scott Sidell was the former CEO of Structured Settlement Investments, a factoring company acquired by and now...

Novation Capital's Misleading "As Seen On TV" Ad

Posted on July 08, 2008
Below is a Google Adsense Ad that leads to the Novation Capital web site. Novation Capital is a factoring company. Structured Settlements As Seen on TV - Call The Experts 800-486-1525 - Free Quotes and More www.NoMoreWaiting.com Novation Capital DOES...

Capital Losses by Publicly Traded Insurance Related Organizations Top $396B in 2008 Says Best Week

Posted on July 08, 2008
As many Americans look at their mid year reports for their 401Ks, the drop in local housing values, and wonder whether sub-prime is really over, naturally one wonders about insurers' exposure to risk. The big banks and GM have been...

Competitor Attacks Robert Ostrov's Absurd Justification of High Structured Settlement Factoring Discount Rates

Posted on July 08, 2008
Referring to yesterday's discussion of Structured Asset Funding's in-house counsel Robert Ostrov's explanation of structured settlement factoring a competitor offers the following response: "The comparison of discount rates to credit card rates is a bit absurd and seems to be...

RSP Designation Education Module on Structured Settlement Factoring Is Very Revealing

Posted on July 07, 2008
As one of the first class of candidates closing in on the Registered Settlement Planner designation I would first like to reiterate the value of this credentialing program through Texas Tech and Settlement Planners Registry Board. The second course entitled...

Society of Settlement Planners Charter Advertiser for DealFlow Media Structured Settlements Wire

Posted on July 07, 2008
Is there a benefit to advertise in a mediocre publication and associate your goodwill with mediocrity? After 5 months on the scene, DealFlow Media Structured Settlements Wire FINALLY has its first advertiser in The Society of Settlement Planners (SSP)...

Google Blog Alert Becoming Less Relevant Due To Abuse by Bloggers Using Google's Blogspot Service and Google's Apparent Lack of Attention

Posted on July 06, 2008
Google may be the top search engine but the oversight for its Google blog alert is in need of serious improvement for it to continue to be relevant. Today I and others received a Google Blogs Alert for "structured settlements"...

SPI's "Jaundiced" Facts Used to Solicit "Protection" Services for Plaintiff Lawyers

Posted on July 05, 2008
In an effort to solicit attorneys to retain it to protect them from legal malpractice liability Settlement Professionals (SPI) makes the following inaccurate statements: "In Macomber v Travelers Property & Casualty Company and Lyons v Medical Malpractice Insurance Assoc...

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