Litigation

Unfortunately Some "Fathers" Have "Abused" Their Offspring

By John Darer

Giving his perspective of the National Association of Settlement Purchasers (NASP) 4th annual meeting, Settlement Capital general counsel Matt Bracy refers to Patrick Hindert as the "father" of the structured settlement business.

While I doubt Bracy would agree, in my opinion Patrick Hindert's rogue actions toward the "structured settlement business" in promoting factoring defile the concept of "father". He is no Terrace Park Jesus either. The man has become no friend of structured settlements. Save the  wimpy enforcement of the NSSTA bylaws by its leadership in his regard, the structured settlement industry is mentally "emancipated" from pedantic Patrick Hindert. It's like who the heck wants to eat liver every night. Bleeeech!

If the "kids"  from "the other side of the tracks" consider Patrick Hindert a "father" is it not time to call into question  his "parenting skills"? His  unruly ruffians need discipline and aren't getting it.

<------"Alicamousa" Hindert trying to influence member of the NASP Zoo

I do commend settlement planner Jack Meligan in particular, and Michael Upchurch for finally speaking out publicly on advertising and marketing practices of factoring companies. As a settlement planner myself,  one has to wonder how settlement planners Meligan or Upchurch, who provide comprehensive services that include structured settlements,  feel about simply being referenced as structured settlement brokers.

The key issue was at first the "structured settlement apers" and then the "cash now pushers" in the factoring industry's willingness to effect change in their business practices. The bullshit has yet to walk.. This stagnant fetid mass has stood in place for over 3 1/2 years!

Full post as published by Structured Settlements 4Real on November 05, 2008 (boomark / email).