by Structured Settlement Watchdog
Prosperity Partners is using its blog network to attack what we have been attacking all along, the false claims of cash now made by certain factoring companies.
"There’s a great push going on these days to expose structured settlement (factoring) companies that aren’t being completely honest with their clients. They claim their clients can get their cash in no time at all. At least that’s the way they make it sound. But, the clients are turning the pages on these companies.
They’re complaints have brought to light these false claims which will help protect other structured settlement holders from falling into their trap. The truth is, because the sale of a structured settlement needs court approval, there’s really nothing quick about it." PPICash Maryland blog 4/11/2009
"Unfortunately, the structured settlement (factoring) industry isn’t immune from shady companies. Some of these companies proclaim “Get your money in no time at all” when this just isn’t true, unless of course you believe 90 days or more falls under the umbrella of “in no time at all.”
That’s how long it take to get your money when you sell your structured settlement; at least on average. Actually, that’s just a guesstimate. This 90 day period is only if nothing pops up to slow the process down even further. As much as getting your money in no time at all sounds, it’s just not the truth". PPI Cash Georgia blog 4/11/2009
Memo to the Federal Trade Commission and State Attorneys General for Maryland and Georgia, start an investigation into these practices and do what it is that you do. There is a growing body of evidence to support your involvement!
Time to "tear the roof off this sucka"!
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