I write to you as my Governor, Secretary of State and Attorney General with a fundamental business problem.
You see, Settlement Funding, LLC, which does business as Peachtree Settlement Funding, has held itself out as doing business in our State. This listing appeared in this company’s membership profile for a trade association called the Society of Settlement Planners, Inc.***
Download peachtree_ssp_listing_google_cache_5152007.pdf
The West Hartford Law Firm of Kroll, McNamara, Evans & Delehanty lists Peachtree Settlement Funding on representative list of clients.
However, a search of C.O.N.C.O.R.D. shows no listing for Settlement Funding, Settlement Funding, LLC or Peachtree Settlement Funding
Download concord_inquirysettlement_funding_5152007.pdf
Download concord_inquirysettlement_funding_llc_5152007.pdf
Download concord_inquirypeachtree_settlement_funding_5152007.pdf
Questions that I and other concerned citizens and registered voters would like answered.
- Why is this company allowed to operate in our state without filing?
- Is this company engaging in the solicitation and conclusion of structured settlement factoring transactions with Connecticut state residents?
- How long has this company been operating in our state?
- Are they filing tax returns for income earned in the state?
Some of this information can be obtained from public court records filed since the Connecticut Structured Settlement Protection Act was created.
It is my belief that this is just the tip of the iceberg and that many more such companies practice in our state under similar circumstances. The Kroll, McNamara, Evans & Delehanty list includes at least one other entity, Novation Capital, which has no C.O.N.C.O,R.D. listing.
Download concordnovation_capital.pdf
Download inquiryservletencore_financial_services_groupct_sec_state.pdf
Other recent information concerning this company which may be helpful
What is the Massachusetts Academy of Trial Attorneys Smoking?
More on MATA "Due Diligence" of Affinity Partners
*** IMPORTANT FOOTNOTES
- while the website page is G o o g l e‘s cache of http://www.settlementplanners.org/Module/MembersOnly/ViewProfile.aspx?memberid=super2005021710142005101440AM as retrieved on Apr 5, 2007 01:00:08 GMT, the page contains the logo of the National Structured Settlement Trade Association. Clicking on the NSSTA logo on the cached page brings you to the home page of the Society of Settlement Planners, Inc.
- www.settlementplanners.org is the website of the Society of Settlement Planners, Inc.
- NSSTA is not a member of, or affiliated with the Society of Settlement Planners, Inc.
- The Society of Settlement Planners, Inc. is not a member of , or affiliated with the NSSTA.
- Neither Deborah Benaim, nor Peachtree Settlement Funding were ever a member of the National Structured Settlement Trade Association.
- The Society of Settlement Planners, Inc website was created by and was being maintained by Structure Online, Inc. at the time this web page was cached. That site is now maintained by a company with common ownership called Members 101.
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