On April 2, 2008 DealFlowMedia.com and on April 4, 2008 Structured Settlements 4 Real Blog discussed a New York structured settlement factoring case in which the Court denied a request by Settlement Funding of New York LLC “Peachtree†to buy three lump sum structured payments for a net price of $9,517.07 or 19.9% discount rate. The Court concluded that the transaction was not in Eric R. Lindsey’s best interest.
Sovereign Funding Group would have offered a net price of $39,802.00 for the same set of payments.
This case represents another example of how important it is for prospective sellers to get a price quote from Sovereign Funding Group before making a final decision to sell.
Sovereign Funding Group offers the best price upfront and routinely makes offers in the 8% to 9% discount rate range.
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