by Structured Settlement Watchdog®
Structured settlement buyers providing financial advice to structured settlement annuitants thinking about selling their structured settlements, are likely to be both unlicensed and uninsured, according to our sources within the property & casualty insurance industry.
So if the slick talking salesperson from "Slithering in Tall Grass Capital LLC" advises you sell your structured settlement payments to buy commercial real estate that doesn't work out, it could leave you grasping for straws.
Our sources say that there is now a moratorium on writing insurance on cash now companies, partly due to the Access Funding fiasco.
Given that there are many "website companies" springing up like daisies on a daily basis, consumers and investors have reason to be concerned. To quote London Transport "Mind the Gap"
Cash now for structured settlement companies generally do not carry insurance that protects clients against bad advice or faulty structured settlement transfers