Jeff Lakie wrote an article that is just so %^&*ing irresponsible about structured settlements that Jeff Lakie and Home Selling/ Renting, which hosted it yesterday, go right to Structured Settlement splog dump status. Jeff Lakie is apparently a prolific writer and Internet marketer who has written about "Cosmetic Chin Surgery", " Wide Width Shoes", "Wearing Contact Lenses" and "Cologne Secrets". Well Jeff Lakie, with regard to structured settlements, you need to get your facts straight. Your information stinks! Lakie syndicates through EZ Articles which lists him as an expert author on the topic. Warning to all, do not follow Jeff Lakie’s advice on structured settlements. He is not an expert on the subject!
Jeff Lakie Says:
When someone has won a structured settlement that has arisen from a lawsuit, they expect they will have to wait a year or more just to receive the money, this is not true. There are many companies available to you that exist to purchase your settlement from you.
Shame on all syndicators who publish this work by Jeff Lakie.
FACTS:
(1) You can’t win a structured settlement. It is something that is negotiated as part of a compromise between two or more parties.
(2) Structured settlement recipients who have to wait more than a year (for their structured settlement payments to begin) are either minors who may legally have to wait until the age of majority or plaintiffs who have negotiated for those payment schedules. Jeff Lakie’s statement is false and it is possible to have payments beginning in one month or even in 2 weeks. One structured settlement annuity issuer, Aviva Life Insurance Company (and its New York subsidiary, Aviva Life Insurance Company of New York) even have the capability to pay structured settlement payments on a weekly basis.
(3) While there may be many companies available to you "that exist to purchase your (structured) settlement (payment rights) from you, by taking Jeff Lakie’s advice and selling your structured settlement payment rights in the first year, you may as well dive into a chum slick in shark infested waters. You are going to lose big time due to the hefty discount those companies take. Before you accept a structured settlement you must sit down or consult with a structured settlement broker, structured settlement planner, consulting expert or adviser to help you sort out our cash needs.
Jeff Lakie, welcome to the Stuctured Settlement Splog Dump (click left,speakers on)
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