Debate on Factoring, Part 2

Below is the conclusion of the video debate between Matt Bracy and John Darer.  

"Continued open and honest dialogue is the only way the primary and secondary industries can work together for the greater good of the structured settlement marketplace and injury claimants," said Matt.  

"I don't always agree with John Darer, but I respect him and deeply appreciate his willingness to engage with me on these issues.  I look forward to more dialogue in the future with John and all the leaders of the structured settlement industry."

We welcome comments on this or any other structured settlement issue.  Please leave a comment here, or contact Matt Bracy at mbracy@setcap.com.

Debate on Factoring, Part 1

Representatives from the structured settlement "primary" and "secondary" markets met in the Legal Broadcast Network studios last month to discuss some of the issues that seperate the two sides of the structured settlement world.  

John Darer, structured settlement consultant and frequent commentator on the industry, and Matt Bracy, general counsel of Settlement Capital Corporation and president of the National Association of Settlement Purchasers, have a detailed and sometimes heated discussion of thorny issues like advertising, licensing and factoring industry practices.  

We welcome your comments on this or any other issue relating to structured settlements or factoring.  You may leave your comments here, or contact Matt Bracy at mbracy@setcap.com.  

The Problem With Factoring, Part 5 -- "The Bottom Line"

This is the final segment in the series on common misconceptions and complaints about structured settlement factoring.  Previously posted videos were:

Part 1:  Advertising

Part 2:  Servicing

Part 3:  Discount Rates

Part 4:  Preying on the Weak

This final video is entitled "The Bottom Line" and gives an overview of factoring.  Is it for everyone?  Is it a "ripoff"?  Why all the hatred for factoring?  Watch Matt Bracy of Settlement Capital Corporation discuss these topics and more.

As always we welcome questions or comments about this video or anything related to structured settlement factoring.  You may comment here, or contact Matt Bracy at mbracy@setcap.com.   

The Problem with Factoring, Part 4 -- "Preying on the Weak"

In part 4 of this series on common complaints about structured settlement factoring, Matt Bracy and Scott Drake discuss the frequent charge that factoring companies "take advantage of" consumers.  Matt and Scott discuss:

• Do factoring companies charge sharp discounts to payees who are ill equipped to appreciate the value of their future payments
• Do factoring companies give sellers pennies on the dollar to buy payments
• Are factoring companies taking advantage of people?
• Do structured settlement payees require some sort of special protection?
• Why all the negativity when talking about factoring?

As always, we welcome your comments or questions about this issue or anything concerning structured settlement factoring.  You may comment here, or contact Matt Bracy directly at mbracy@setcap.com.

The Problem with Factoring, Part 3 - Discount Rates

In this continuing series on common complaints, problems and misconceptions with structured settlement factoring, Part 3 addresses "discount rates".  In short, discount rates are numbers expressed as a percentage used to calculate net present value of future cash flows (Investopedia). 

These are likened to percentage rates used to calculate loans (although factoring transactions are usually assignments or sales, not loans). 

Matt Bracy, General Counsel of Settlement Capital Corporation, discussed discount rates, the "real" value of payments, and how discount rates are calculated with Scott Drake of the Legal Broadcast Network in this two segment video interview. 

Segment One:

Segment Two:

We welcome your comments, questions or suggestions for future articles or videos.  You may comment here, or contact Matt Bracy via email at mbracy@setcap.com.