by Structured Settlement Watchdog
Did you read the Genex Capital missive ” Selling Your Structured Settlement Is About To Get More Expensive” and take its CEO Roger Proctor’s advice to sell your structured settlement payments to Genex Capital for the reason stated in his March 26, 2010 post ?
Here’s Genex Capital CEO Roger Proctor’s cry of wolf from March 26, 2010: 
“WARNING AGAIN: If you are thinking of selling your structured settlement payments, do it NOW, before interest rate increases eat into the value of your future payments and make you poorer”.
Proctor’s sense of urgency and act of “clairvoyance” proved to be unfounded and interest rates actually declined, in some cases massively, between March 26, 2010 and April 2012. Lower interest rates mean a higher present value.
5 Year US Treasury
March 26, 2010 2.59%
April 19, 2012 0.86% WOW!
10 Year US Treasury
March 26, 2010 3.86%
April 19, 2012 1.98% WOW!
30 Year US Treasury
March 26, 2010 4.75%
April 19, 2012 3.12%
It therefore follows that had you heeded Proctors’ cry of “wolf” and sold your structured settlement payments to Genex Capital when you didn’t really need to sell your structured settlement payments it’s possible that you received less than you would if you sold them today or simply held on to your payments to receive them as scheduled.
Even those with a law degree and an A+ rating from the Better Business Bureau sometimes get it wrong.
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