by Structured Settlement Watchdog
News from SuttonPark victim Jim Yad, the nice Puma Arizona man, 66. Jim Yad has received his December 2024 payment from SuttonPark by direct deposit, just before tucking into a not so tasty lunch of well… a picture tells a thousand words.
You see for Jim, while December's money in, November's is not. All together now "WHAT DA F?". Not only that I learned from Jim Yad today that he was short changed by $6 in August.
SuttonPark victims are encouraged to file a complaint with the Consumer Financial Protection Bureau and get their story on record with the Consumer Financial Protection Bureau.
Consider also filing a complaint with your state's Consumer Protection Bureau as well. And Percy Forde, if you're still there at SuttonPark, Jim Yad still thinks you're a good guy.
Should you just send a notarized letter to the annuity issuer to stop making payments to SuttonPark?
A company that bought a structured settlement annuity issuer (or possibly its TPA) is asking victims to send a notarized letter to the insurer to stop making payments to the payment servicer. Given that a portion of the payment belongs to an investor because the annuitant sold payments (hence the need for servicing in the first place), please consult a lawyer before proceeding.
What Can You Do?
1. File a Complaint about your experience with SuttonPark to the Consumer Financial Protection Bureau.
Submit a complaint | Consumer Financial Protection Bureau
2. File a Complaint with the State of Florida Consumer Protection Division