by Structured Settlement Watchdog
In the context of a structured settlement factoring transaction, a notary public is hired to witness and notarize the signature of a seller on structured settlement transfer documents. Such documents do not include an annuity contract.
In a structured settlement transfer it is the structured settlement payment rights that are transferred, NOT the ownership of the annuity contract.
When confronted with fundamental mistake, Hicks Mobile Notary chose to respond on Twitter: "@JDDarer thank you for trying to tell me the business. There are/were documents included in the package that required notarization".
Motives of Hicks Mobile Notary appear a dead giveaway when #annuitycontract and #structuredsettlement are hashtagged.
Nice try Hicks!, but the annuity contract is not notarized.
It's already concerning that companies in the structured settlement secondary market are being advertised with misleading information, but now notary firms hired by these companies are also making false representations to promote themselves. It's quite disconcerting.