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: Structured Settlements 4Real"Eggs Benedict Bung"- What an Oeuf!
By John Darer
Mark Benedict Young ("Eggs Benedict Bung") deserves a runny egg on his face
for serving about useless tripe that purports to be about structured settlements called "A Few Things To Know About Structured Settlements from Lawsuits".
First Profoundly Ridiculously Statement
When you win a lawsuit for a large sum of money, the amount paid to you is
called a settlement. This could be an out-of-court settlement, where the money
is offered to you to drop the lawsuit or it could be a settlement awarded to you
by the courts.
Comments:
- If you win a lawsuit for any amount of money it is NOT called a settlement.
- A settlement is a compromise agreed through "a meeting of the minds" among two or more parties.
- "Eggs Benedict Bung" clearly has read up on circular definition
- Courts do not award settlements.
- In some cases, such as those involving minors, incompetents, or death cases, Courts approve settlements
Second Profoundly Ridiculously Statement
Large settlements such as wrongful death and injury suits could also result in large payouts. Usually these large settlements will not be paid out all at once. Most times the amount of the settlement is paid over a few years in small monthly payments.
Comments:
- First sentence, well DUH!
- Third sentence, read your first sentence! DUH!
Third Profoundly Ridiculous Statement
Now that a company has purchased your settlement offer you will receive the entire sum of money at once. You may consider investing the money to generate additional income from the interest. It is definitely a better option than waiting each month to receive your monthly structured settlement.
Comments:
- First sentence, what he appears to be describing is that a company purchases structured settlement payment rights, not "your settlement offer".
- Eggs Benedict Bung states its "definitely a better option than a structured settlement." What are "Eggs Benedict Bung's financial credentials?
I'm not going to waste any more time scrambling this egg. If you see an article by Mark Benedict Young (a/k/a "Egg Foo Young" or "Eggs Benedict Bung") on a structured settlement topic X it out and go onto the next choice.
Full post as published by Structured Settlements 4Real on May 02, 2008 (boomark / email).
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