Are these online advertising claims (direct or implied) from Northeastern Capital Funding, LLC, fact or fiction?
1.Northeastern Capital Funding, LLC is a "reputable structured settlement company". http://www.northeasterncapital.com/reputable_structured_settlement_company_x.html
FICTION, the Northeastern Capital Funding, LLC is not a structured settlement company.
2.Northeastern Capital Funding, LLC can deliver a "structured settlement quote" to you. http://www.northeasterncapital.com/structured_settlement_quote_x.html
FICTION, a structured settlement is a regulated insurance product. A structured settlemnt quote can only be delivered to you by a licensed insurance agent or insurance broker.
3. A fanned out wad of cash in someone’s hand is a structured settlement estimate. http://www.northeasterncapital.com/structured_settlement_quote_x.html (put your mouse over the picture at the bottom left hand corner of the web page).
FICTION, a fanned out wad of cash is not a structured settlement estimate. What do they think we are, idiots?
4. A solicitiation to sell your payments rights for cash is a structured settlement estimate. http://www.northeasterncapital.com/structured_settlement_estimate_x.html
FICTION, a solicitation is a solicitation. A solicitation for a company that purports to be something it isn’t is misleading advertising
5.Northeastern Capital Funding, LLC can give you a free structured settlement quote. http://www.northeasterncapital.com/free_quote_structured_settlement_x.html
FICTION, Northeastern Capital Funding, LLC cannot give you a structured settlement quote, free or otherwise. A structured settlement (annuity) is a regulated insurance product. You must be licensed as an insurance agent or insurance broker in order to deliver a structured settlement quote. Structured settlement quotes are free anyway.
6.Northeastern Capital Funding, LLC claims thats "Many States have recognized the need for lump sum payoffs, and have provided for them in their by-laws"
FICTION, (a) Payment of judgments in a lump sum is the uniiversal form of payment under US jurisprudence as a consequence of English common law. Some states, such as New York, have modified their statutes to have periodic payment judgments under certain circumstances. (b) A payoff is a common reference to an illegal payment or bribe (c) Corporate entities and professional associations have bylaws, States have statutes and regulation
QUESTIONS
And Northeastern Capital Funding, LLC expects you trust them with long term life impacting financial decisions?
When are state and federal regulators going to start enforcing truth in advertising laws for consumers of structured settlements and factoring trasactions?
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