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structuredsettlements
Stamford, CT USA/ New York City Metro Area
John Darer is a Structured Settlement Expert, Master Structured Settlement Consultant, Registered Settlement Planner, Certified Financial Transitionist, Settlement Planner and Sudden Money Advisor
Interests: music, photography, movies, soccer, traveling, boating, gourmet cooking, theatre, social media and of course, blogging!
Recent Activity
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Paymaster.co website continue to appear to brandjack anyone associated with structured settlements to draw traffic to its website and to generate leads for its pennies on the dollar value proposition. Continue reading
The NYC attorney who handled her case, one of the premier medical malpractice lawyers in NYC, purportedly said his work was done when the case settled. I wonder how many annuitants contact their attorneys, get a similar response and subsequently become victims to cash now predators. It doesn't have to be that way, Continue reading
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Rising Capital's reckless advice to couples contemplating life without each other should plan for it financially. Not surprisingly Rising Capital's one trick pony idea, is sell your annuity (for pennies on the dollar) so you have a "large" lump sum to invest Life insurance is a much better option. Here's why. Continue reading
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H.B. 443.02 is a Georgia bill that seeks to amend Chapter 12 of Title 51 of the Official Code of Georgia ( the GA Structured Settlement Protection Act). The Act contain some notable provisions highlighted for you, is a step forward in much needed regulation of a market that has got out of hand. Continue reading
Forum shopping is an insidious structured settlement factoring industry practice in which structured settlement annuitant victims are groomed by out of state predators to fabricate a residence address for the purpose of increasing chances of judicial approval of a sale of structured settlement payments. Continue reading
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Lawsuits against structured settlement annuity issuers or associated qualified assignment companies, for failure to enforce anti assignment provisions, have had little success, illustrating the mountain to climb when structured settlements have been decimated by multiple improvident structured settlement factoring transactions Continue reading
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Niagara Judge Matt Murphy said February 17, 2021 "approving the petition of Tiger Parrish LLC would effectively deprive New York courts of their role under the Structured Settlement Protection Act and transfer that role to Mr. Eglow, who is not bound by the statutory and precedential standards*. The Court cannot abdicate its responsibility and thus denies the Petition" Continue reading
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MassMutual reiterates in public facing materials that the dividend interest rate is not the rate of return on the life insurance policy. The dividend interest rate is used to determine the investment component of the dividend and should not be the sole basis for comparing insurers or policy performance. Continue reading
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Canada tax law requires that structured settlements must:(1) arise in respect of a claim for damages related to personal injury or death; (2) be funded by a single premium annuity that's non-assignable, non-commutable, non­transferable; (3) Payments must be irrevocably directed to the payee of the annuity. Continue reading
Life-contingent structured settlement payments are only payable if the Payee is alive on the date the payments are made. Buyers are therefore at substantial risk of not receiving these monies especially because if there is a long deferral period or payment duration Continue reading
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It's misleading because nobody can actually "buy structured settlements". Structured settlements are a form of settlement not a product. For example a settlement can be resolved in consideration of a lump sum, periodic payments or a combination. Continue reading
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If someone is in such bad shape that they are willing to trade their structured settlement's stable source of income for pennies on the dollar, do you believe they have the money for an expensive condo and gleaming white veneers on their teeth? Continue reading
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SF Weekly claims to be "San Francisco’s smartest publication. That’s because we take journalism seriously". Where does taking in money from paid sponsors, enabling them to unload more crap than on the streets of San Francisco, intersect with "serious journalism"? Continue reading
In the immortal words of Aretha Franklin "You better think (think) think about what you're trying to do to me!" While selling your structured settlement is always an option, if you have a reason and a court in the county in which you reside approves, realize that you're only getting a pennies on the dollar deal. Continue reading
Structured settlement payees should do their best to avoid selling their structured settlement payments for pennies on the dollar, "to help pay for college" or "help pay off college loans". Many times the effective discount rate on proposed deals will exceed your student loan rate. Continue reading
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VIP Services Corporation tried to poach a structured settlement factoring deal involving a resident of Pennsylvania with a better rate and lost. It then appealed and lost. If the reasons for selling are purely financial, why wouldn't paying the best interest be in the Payee's best interest? Continue reading
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A number of personal injury lawyers, including those admitted to the NY Bar, represent structured settlement factoring companies, the pennies on the dollar for structured settlement merchants. The same lawyers and/or firms solicit business from personal injury victims. Continue reading
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Have you received an email from Amber Dawson or Andrea Moore, VP of Underwriting Dept. of the nebulous "Transaction Audit Department"? It's an inducement to get you to sell your structured settlement payments. That's right, step right up and turn on the tap to get pennies on the dollar. Wow! Continue reading
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Niagara County Supreme Court Judge Matthew J. Murphy is another fine example of why NY judges are among the best in the USA in enforcing their state's structured settlement protection act, in his January 8, 2021 decision in Tiger Parrish, LLC v BHG Structured Settlements, Inc.et al. Index E173532/2020. Continue reading
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Once the structured settlement annuity was in place, SABSCO turns around and preys upon Symetra Life annuitants: SABSCO lures them into selling future periodic payments for a highly discounted lump sum without disclosing and actually concealing Defendants’ profit motive and fatal conflict of interest. Continue reading
In a January 7, 2021 decision in JENNIFER LANCLOS, Plaintiff, v THE UNITED STATES, Defendant. 15-358C, the court ruled in favor of the United States and the result is that the US doesn't have to make up the annuity shortfall arising out of the Executive Life of NY insolvency and liquidation. Continue reading
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CBC Settlement Funding is one of the worst structured settlement factoring companies in the structured settlement factoring industry. By patronizing Annuity.org and StructuredSetlements.com, CBC shows over and over that it doesn't care about dispensing accurate information to consumers. Continue reading
Why will an annuity when you can just name a beneficiary (or contingent payee) and bypass probate? Why have it pass through a probate estate, where it could be tagged with fees and expenses? Continue reading
The Structured Settlement Watchdog is leaner and keener and so it was time for an updated introductory video that explains his pro bono role in the structured settlement market place. Continue reading
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Convicted felon Joseph E. Gargan, a disgrace to the structured settlement industry begin to serve his sentence for millions of dollars embezzled in crimes against the US government and a NY State Hospital. Gargan, 60 has been given inmate number 02366-509 by the Federal Bureau of Prisons. Continue reading