Settlement Quotes, LLC News

Press Releases

StructuredSettlement-Quotes.com Announces Google Rankings Once More Rising After SSL Implementation

StructuredSettlement-Quotes.com Has Today Announced the Company's Google Search Rankings Are Once More on the Rise After Their Site-Wide Rollout of SSL Encryption.

Hartford, Connecticut, December 10,2012 - StructuredSettlement-Quotes.com, a leader in structured settlement sales, has today announced the firm's Google results rankings are once more climbing after implementing SSL encryption within their website.

More..:

http://www.reuters.com/article/2012/12/10/idUS176826+10-Dec-2012+GNW20121210

StructuredSettlement-Quotes.com Sacrifices Google Rankings in Quest to Provide Utmost Security for Clients

StructuredSettlement-Quotes.com Took Fate in Their Hands and Sacrificed Online Visibility in Order to Provide Their Clients With the Highest Security and Protection

Hartford, Connecticut, November 26, 2012 - StructuredSettlement-Quotes.com has fully switched to an SSL-encrypted server in order to ensure that clients enjoy the strongest protection for personal and financial data. The immediate result of this shift was a complete loss of Google search engine rankings, a loss of visibility that most companies would find untenable. StructuredSettlement-Quotes.com took it all in stride.

More..:

http://www.prweb.com/releases/2012/11/prweb10156765.htm

Structured Settlement Quotes Inc. Offers Significantly More on a Recent Contract

In a recent contract accepted on October 12, 2012, Structured Settlement Quotes Inc. offered an annuitant $24,500.00 whereas Peachtree/JG Wentworth offered only $9,850.00. Their offer is 250 percent more than the offer given by the largest funding company in the Industry.

Hartford, Connecticut, October 29, 2012 - It's not unusual for someone with a structured settlement, annuity or lottery prize to need to turn their stream of payments over several years into a lump sum cash payment. Many of these individuals, however, can find the process to sell daunting, getting harassed by funding companies that lowball their price quotes and then contact them multiple times a day to try to convince them to sell to them.

More..:

http://www.prweb.com/releases/2012/10/prweb10054309.htm

JG Wentworth on the Auction Block

With JG Wentworth on the auction block there are all kinds of concerns in the structured settlement selling industry as reported by customers of Structured Settlement Quotes Inc. Only time will tell if those concerns are justified.

Hartford, Connecticut, October 22, 2012 - JG Wentworth, a financial services company that buys structured settlements--as well as annuities and lottery prizes--for cash, is expected to be put on the auction block later this month at a price that could go as high as $1 billion. It appears that JG Wentworth, itself, needs its cash now for reasons unknown.

More..:

http://markets.cbsnews.com/cbsnews/news/read/22561101/JG_Wentworth_on_the_Auction_Block

05/19/2010
Florida Ponzi Scheme Did Not Involve Structured Settlements
Many media inaccuracies leave consumers confused, says industry expert.

05/04/2010
Annuitants Must Beware of Unscrupulous Companies and False Information
For annuitants seeking to sell their structured settlements, Settlement Quotes offers this advice: seller beware.

10/13/2008
Settlement Quotes, LLC Creates Structured Settlement Broker Services Division
In the Wake of Financial Disaster, Many Financial Professionals Will Be Asked to Cash Out Structured Settlement Annuities For Clients.

11/25/2008
Settlement Quotes, LLC Continues To Push Their Structured Settlement Discount Rate Calculator on Consumers
Six steps to make sure every annuitant receives the most money for their future payments.

Six steps to make sure every annuitant receives the most money for their future payments.

ELLINGTON, Ct. November 25, 200-- Settlement Quotes LLC, the leading structured settlement factoring marketplace, continues to market their structured settlement discount rate calculators to consumers and financial professionals. The discount rate calculators are used to calculate the effective and nominal rate of a structured settlement factoring transaction.

Settlement Quotes and it's marketplace of Certified Funding Companies provide up to 6 cash offers for the rights to future structured settlement annuity payments. The rising cost of funds for structured settlement factoring companies has raised many questions from consumers. "We always make sure that our clients compare our rates to rates of other companies. Using our discount rate calculators any consumer can quickly compare rates and decide whether they are getting the most money for their structured settlement payments," said James Spelling, the company's Sales Manager.

Spelling offered a few tips to consumers considering selling structured settlement payments.

1. Always shop around to multiple companies before agreeing to any sale.
2. Use Settlement Quotes' discount rate calculator to make sure a fair discount rate is offered.
3. Check the Better Business Bureau record of all the companies that may be involved in the transaction.
4. Decide whether you need to sell the entire annuity or only part of it.
5. Consult with an attorney or financial advisor to decide whether selling your future payments is in your best interest.
6. Think about how selling your structured settlement could have a negative impact on your future.

"Settlement Quotes is always looking out for the best interest of our clients," said Spelling. All structured settlement factoring transactions need to be court approved in order for an annuitant to sell the rights of their payments.

About Settlement Quotes, LLC

Settlement Quotes, LLC is a specialty finance company that offers competitive quotes from Certified Funding Partners to purchase the rights of future structured settlement annuity payments. A structured settlement is an annuity paid by an insurance company over a predetermined period of time. Settlement Quotes is located in Ellington, CT.

For further information please visit www.structuredsettlement-quotes.com

In the Wake of Financial Disaster, Many Financial Professionals Will Be Asked to Cash Out Structured Settlement Annuities For Clients.

ELLINGTON, Ct. October 13, 2008-- Settlement Quotes, LLC, the leading marketplace for selling the rights to future structured settlement and other annuity payments creates a marketplace designed specifically for financial planners, attorneys, and structured settlement brokers.

Michael Rudy a financial planner with Wolakota Financial Advisors came to Settlement Quotes, LLC after a judge ordered a client of Mr. Rudy to seek a financial planner to ensure that a structured settlement transfer was in his client's best interest. Mr. Rudy came to Settlement Quotes seeking competitive lump sum quotes and to make sure that his client was receiving the best offer.

Settlement Quotes, LLC was able to offer Mr. Rudy and his client an increase of 19% or $14,500 net of all fees.

"So impressed was I with their transparency, helpfulness and results, I am actively working to bring their work to the attention of the executives of my professional financial planning association, the National Association of Personal Financial Advisors (www.NAPFA.org)," said Mr. Rudy.

Settlement Quotes, LLC decided to create a unique marketplace designed for structured settlement brokers, financial planners and attorneys which will allow them to quickly add the payment stream of their client's case. Settlement Quotes Certified Funding Partners will then have the opportunity to bid on each case providing the highest quote available for the annuitant. Click here to view the structured settlement broker division.

About Settlement Quotes, LLC

Settlement Quotes, LLC is a specialty finance company that offers competitive quotes from Certified Funding Partners for the rights to future structured settlement or other annuity payments. A structured settlement is an annuity from an insurance company resulting from a personal injury settlement paid out over a predetermined period of time. Settlement Quotes is located in Ellington, Connecticut.

For further information please visit www.structuredsettlement-quotes.com

Many media inaccuracies leave consumers confused, says industry expert.

May 19, 2010 -- Structured settlements were not involved in a recent Florida-based Ponzi scheme, which attracted intense national media coverage that stated that they were at the crux of the fraud, according to industry expert Andrew Cravenho, head of Settlement Quotes LLC.

A Ft. Lauderdale attorney named Scott Rothstein has been charged with numerous felony counts as the mastermind of a $1.2 million dollar Ponzi scheme where he obtained funds from investors through bogus investments and pending lawsuits. (United State District Court Southern District of Florida Case No. 09-60331)

Media reports of the alleged scheme have contained many errors, said Cravenho, an industry expert on structured settlements and CEO of Settlement Quotes. Rothstein's fraud involved short-term employee discrimination and sexual harassment lawsuit "settlements" that he claimed he won and was managing for his unsuspecting clients, Cravenho said.

These were not structured settlements, defined as negotiated agreements in a tort action to provide payments over time. It happens after a court process where one party was hurt and the other party is told to pay. The matter could be personal injury, worker’s compensation for an on-the-job injury, property loss, wrongful termination or a wrongful death claim where a spouse and/or minor children are seeking compensation for lost wages and intangible support, or similar issues. Structured settlements are not usually considered for minor or short-term injuries.

Cravenho said that the Rothstein scheme is very different than the legitimate, structured settlement fixed-term annuity transactions, in that:

• Fixed-term annuity transactions must be court-approved.
• With a legitimate structured settlement, an insurance company guarantees and makes all payments.
• Structured settlements are independently verified by an insurance company, the annuity issuer.
• The Rothstein Ponzi scheme involved short-term lawsuit settlement payments that are not IRS-defined structured settlements (IRS Code Section 130).

Cravenho is CEO of Settlement Quotes, LLC, a structured settlement factoring exchange with a unique business model that allows it to give annuitants the best prices.

About Settlement Quotes

Settlement Quotes is a market leader in providing a marketplace for the purchase and sale of structured settlement payments and other annuities in every state. It provides quotes on structured settlement and other insurance annuity payments.

For more information, visit www.structuredsettlement-quotes.com.