by Structured Settlement Watchdog
I'm hearing more stories of how certain secondary market salespeople have targeted and induced structured settlement annuitants receiving a steady stream of income into selling their structured settlement payments for an illusory investment in real estate.
That's right, taking a big discount on stable reliable, income that may be guaranteed by a company in business since when your great-great grandmother was still a pup, for a speculative investment.
Notwithstanding the wisdom, or lack thereof of such a speculative investment, once the structured settlement payments have been transferred, the salesperson is gone like Warden Sam Orton said…
It is critical to learn more about these sales practices to expose the wrongdoers.
Getting the transfer order vacated is a potential solution, but getting a result may be easier if the proceeds have not been spent. If you are reading this post have a structured settlement and the sale pitch that I am describing sounds familiar, please contact me. I am interested in hearing your story.