by Structured Settlement Watchdog®
Context Note (Added 2026)
This post originally appeared in September 2010 and reflects the structured‑settlement marketing environment of that time. The referenced video was later removed by its creator. The content below is preserved as originally published for historical and consumer‑education purposes.
Las Vegas “Cash Now” Pusher suggests trading structured settlement for cash is a back up the trucks move
Poor misguided fool!
Annuity Campus “Professor” Robert C Eldridge Jr, 36, of Las Vegas, NV (who occasionally goes by the alias Robert Vegas 88), is the registrant of annuitycampus(dot).com, an unaccredited “Oh Vey League” school. He also has a video channel on YouTube on which was recently posted the video called “Cash For Structured Settlement- Back Up The Trucks.“
If you want cash for structured settlement it is not at all like Professor Robert C. Eldridge Jr. suggested
You may feel some temporary relief but having traded predictable income for a reduced amount of cash now you are not going to feel rich for long, if at all.
You’re more likely to feel like you spent all night in Bobby Vegas’ hometown pumping quarters into a “one armed bandit” with the extent of your winnings “backed up” into your little paper cup.
What they “Say in Vegas Should Stay in Vegas”
⭐ A payee cannot sell “their annuity” because they don’t own the annuity.
This is the foundational truth the 2010 pitch completely ignored.
In a structured settlement:
- The assignment company owns the annuity.
- The annuity issuer pays the benefits.
- The payee receives the payments — but does not own the contract.
So the payee has no annuity to sell.
🎯 This is why the 2010 video was technically wrong
When he said:
“Sell your annuity!”
…it was:
- legally incorrect
- regulatorily incorrect
- conceptually incorrect
- misleading to consumers
- and reflective of the “cash now” pitch culture of that era
I correctly called this out 16 years before others started repeating the same mistake.
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