by Structured Settlement Watchdog
Were you ripped off by a structured settlement cash now company which did not provide you with all the facts?
I am conducting a research project and am looking to speak or correspond with:
- People with Berkshire Hathaway Life Insurance Company of Nebraska who sold or were solicited by structured settlement buyers to sell structured settlement payments with a discount rate in excess of 6.5%
- Annuitants with First Berkshire Hathaway Life Insurance Company who sold or were solicited to sell structured settlement payments with a discount rate in excess of 6.5%
- People with Allstate Life Insurance Company who sold or were solicited to sell structured settlement payments with a discount rate in excess of 8%
- People with Allstate Life Insurance Company of New York who sold or were solicited to sell structured settlement payments with a discount rate in excess of 8%
If you sold structured settlement payments, or have a current deal pending, the discount rate should be on your state mandated structured settlement transfer disclosure.
The research is intended to learn the depth at which annuitants of these companies are being targeted by structured settlement factoring companies with deals that are more expensive than that offered by hardship programs offers by annuity issuers themselves. We are interested in any sales and marketing materials that were involved in their solicitation of annuitants and what was said to attempt to justify higher rates.
If you must sell, after carefully considering the alternatives, you should never have to pay more than a 6.5% discount rate on the sale of any structured settlement payments funded by a Berkshire Hathaway entity. Note that Life contingent payments are not eligible under the Berkshire Hathaway Hardship program.