The latest "breaking news" structured settlement cash now advertising from 123 Lump Sum is something that should be offensive to all African Americans. A goofy stereotypical black actor holding a big "lottery winner’s cardboard check", gushing like Peter Brady at Crazy Eddies something to the effect of "Gee Whiz I Got a Lump Sum..they’re giving it all away".
Who is 123lumpsum appealing to? My take is that Mr. Michael Asseff, the company’s leader sits in Penthouse A at 1250 East Hallendale Beach Blvd. Hallendale, FL 33009 Tel. 9544556060 FAX 9544556061 while he and his company target young minorities who get sucked in by his company’s predatory "dreams advertising". One only hopes that target minorities get proper professional advice before they succumb to this dumb sales pitch. Minority community and government leaders like Rev. Al Sharpton and Rev. Jesse Jackson and Senator Barack Obama please take note. There are people who will spend the time to give your constituents proper advice.
Only recently this company was known for advertising involving girls clad in bikinis with bags of money and yachts that suggested that selling your structured settlement payments to 123 LumpSum would get you all of this. Given that the average factoring case, after the deep discount is under $100,000 and in the $40,000-$60,000 range the whole thing is a bit of a ruse on the uninformed.
123lumpsum claims that it your leading purchaser of structured settlement payments,a claim also made by JG Wentworth. Who really is the leader? Who really cares who is the leadng scavenger…the hyena, the vulture, the jackal, the dung beetle ?
If you see an ad by 123lumpsum please note that there is a process to get cash for your structured settlement payment rights. That process can take 45-60 days or longer. You will not walk out smiling with a cardboard check like you won the lottery. You won’t be smiling when you find out that the amount of cash you receive will likely be much less than you think. Furthermore your deal will have to be approved by a Court of law in your state.
There are other ways to take care of your immediate cash needs. These should be explored thoroughly with an independent structured settlement consultant or adviser that does not work for the company seeking to buy your payment rights, before you make the desperate move of turning to companies such as 123lumpsum.
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