by John Darer® CLU ChFC MSSC CeFT RSP CLTC
Do structured settlement annuitants enjoy greater creditor protection than those who buy structured settlement receivables in the structured settlement secondary market?
It's looking very much that is the case unless the payment rights are purchased by a qualified retirement plan or a trust.
The reason why I ask is, as I've previously pointed out, in the unregulated and unenforced truth-in- advertising morass that is the structured settlement secondary market, Woodbridge Structured Funding is hustling people with the concept that it is providing "free annuity quotes on line". Even though we know that ultimately, a structured settlement transfer cannot happen without judicial approval, the possibility of confusion is obvious. If purchasers of structured settlement receivables do not enjoy the same creditor protection as structured settlement annuitants then why should investors continue to be subject to "The Woodbridge Hustle"?
What is the "porpoise" of Woodbridge Structured Funding advertising?
https://ads.sixapart.com/custom?id=1000002898807&width=300&height=250&js=1

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