CBC Settlement Funding LLC.

[To assist us in bringing this matter to a close, you must give us a reason why you are rejecting the responseIf no reason is received your complaint will be closed as Answered] Complaint: [redacted] I am rejecting this response because: Regards, [redacted]

Below is an email sent to [redacted] in which her contract was attachedThere was no change in the payments being purchasedThat said we have offered to rescind the contract by way of the email below on 9/10/To date we have not heard if the client would like to rescind but we will leave the offer open From: Mike A [redacted] [mailto: [redacted] @CBCSettlementFunding.Com] Sent: Thursday, September 10, 1:PM To: [redacted] (US) Subject: RE: Your complaint has been received This email was sent from a non-Department of Defense email account, and contained active linksPlease verify the identity of the sender, and confirm authenticity of all links contained within the message Dear [redacted] , Attached, please find your Purchase and Sale Agreement to purchase MONTHLY PAYMENTS OF $BEGINNING SEPTEMBER 28, THROUGH AND INCLUDING NOVEMBER 28, in exchange for $13,Also enclosed is the purchase price amount deliveredYou have expressed on several occasions dissatisfaction with the transfer or that you understood the terms to be otherwiseWhile we disagree and believe the transaction has been fully completed we are willing to rescind the transaction entirely and returns the parties to their original position If you would like to rescind the contract please request in writingUpon return of the sums we will release any claims or rights to any future payments Thank you, Michael A [redacted] CBC Settlement Funding [redacted] Conshohocken, PA phone: ###-###-#### fax: ###-###-####

I actually received a call from said business the end of July, at which point I told them I wasn't interestedThe caller continued, or times, inquiring about my annuityI told them then to remove meI then received the mailingsOn 8/03/I called and requested removal, then again on 08/25/ I keep track of all correspondence from these companiesSo it wasn't just the one time phone call Revdex.com: I have reviewed the response made by the business in reference to complaint ID [redacted] , and find that this resolution is satisfactory to me Regards, [redacted]

[A default letter is provided here which indicates your acceptance of the business's response. If you wish, you may update it before sending it.]
Revdex.com:
I have reviewed the response made by the business in reference to complaint ID ***, and find that this resolution is satisfactory to me.
Regards,
*** ***

The guy said theyd fund me which they finally disBut my issue is that it was for the 25k it was 18k because it went to a prepaid card account that I had which I just sent the company for direct deposit for ny *** *** account so I lost 2k just trying to move it out of my prepaid accountSo I only got 15k

Below is an email sent to *** *** in which her contract was attachedThere was no change in the payments being purchasedThat said we have offered to rescind the contract by way of the email below on 9/10/To date we have not heard if the client would like to rescind but we will leave
the offer open
From: Mike A*** [mailto:***@CBCSettlementFunding.Com]
Sent: Thursday, September 10, 1:PM
To: *** *** * *** *** *** *** (US)
Subject: RE: Your complaint has been received
This email was sent from a non-Department of Defense email account, and contained active linksPlease verify the identity of the sender, and confirm authenticity of all links contained within the message
Dear *** *** ***,
Attached, please find your Purchase and Sale Agreement to purchase MONTHLY PAYMENTS OF $BEGINNING SEPTEMBER 28, THROUGH AND INCLUDING NOVEMBER 28, in exchange for $13,Also enclosed is the purchase price amount deliveredYou have expressed on several occasions dissatisfaction with the transfer or that you understood the terms to be otherwiseWhile we disagree and believe the transaction has been fully completed we are willing to rescind the transaction entirely and returns the parties to their original position
If you would like to rescind the contract please request in writingUpon return of the sums we will release any claims or rights to any future payments
Thank you,
Michael A***
CBC Settlement Funding
*** *** *** *** ***
Conshohocken, PA
phone: ###-###-####
fax: ###-###-####
@mail.mil>

Received a solicitation to cash in a pension annuity and threw it in the trash Then received a cryptic postcard without the business name claiming a check had been returned to sender - call to reissue It took me awhile to figure out it was a come on to cash in a pension Not a business practice I would ever approve

[A default letter is provided here which indicates your acceptance of the business's response.  If you wish, you may update it before sending it.]
Revdex.com:
I have reviewed the response made by the business in reference to complaint ID [redacted], and find that this resolution is satisfactory to me. 
Regards,
[redacted] [redacted]FYI  Their statement about me responding via mail and phone is totally false.  No phone contact and the only mail I sent to them was to tell them, in writing, was to tell them to remove my name from mailing and phone lists.

CBC sincerely apologizes if this particular customer misunderstood the transaction that he entered into.  CBC works hard to help individuals who are receiving payments from an annuity or structured settlement and is in the business of helping customers not harming them. While we...

dispute his allegations, we have reached out to the customer in an attempt to resolve this matter.

CBC purchased a portion of future annuity payments and there is a portion that reverts back to the client on a monthly basis.  The process is that CBC must wait for the monthly check, deposit.  Once the payment clears CBC’s bank account we can issue the clients portion by preferred...

method, check or ACH deposit.  This process can take several days and can be impacted by days when the bank is closed such as weekends or holidays.  CBC will review its process to ensure that payments are remitted in a timely manner going forward.   Regards,   Mike A[redacted], President Tell us why here...

[To assist us in bringing this matter to a close, you must give us a reason why you are rejecting the response. If no reason is received your complaint will be closed as Answered]
 Complaint: [redacted]
I am rejecting this response because:
Regards,
[redacted]

CBC Settlement Funding, LLC, Sincerely apologizes if this particular customer received an unawanted solicitation.. This individual responded to a mailer piece and called in. His file has been noted DNC (Do Not Call) and DNM (Do Not Market). Our standard practice is to notate customer files in this...

manner the moment the customer expresses their desire to not be called or marketed to. We are in the business to help individuals NEVER to harass, intimidate or confuse them. It is disheartening to learn that even one (1) person has felt this way. Thank you

This individual responded to a mailer piece on August 26th and called in. Nonetheless we have added this individual to our DO NOT CONTACT list and we will avoid future communication. Thank you.
William S[redacted]

John G[redacted] <[redacted]@cbcsettlementfunding.com>2:40 PM (15 minutes ago)to me [redacted],It was nice speaking to you today.  Below is an email from [redacted] stating that she had called the Revdex.com to remove the complaint.  Our response is in bold.  Customer was fully...

funded.   Below is an email from the annuitant where she claimed she would remove the post.    Please let us know If you need anything further. Thank you, John G[redacted]

I am rejecting their response because they are not telling the truth. Please see the attached e-mail correspondence held with the agent with which I worked with from CBC Settlement Funding. Please note each time we had a telephone conversation I followed up with an e-mail confirming the discussion and what I was to get. Each time I was told all was good to go until the very end when they told me they would not buy the last 12 months and they had never heard of a signing bonus.
They waited too long to ask for the cancellation of this contract as I am responsible to the other personnel receiving distributions from the trust. I could not continue to delay their payments. Now, however, I am stuck with the last 12 months of an annuity which lasts until November 2018 and I got no signing bonus as they agreed to in their own email. Now, since I have pretty much proved they lied to me I would like them to honor their commitment to buy the last 12 months at $500.96 per month, plus the signing bonus.

CBC sincerely apologizes if this particular customer misunderstood the transaction that he entered into.  CBC works hard to help individuals who are receiving payments from an annuity or structured settlement and is in the business of helping customers not harming them. While we dispute his...

allegations, we have reached out to the customer in an attempt to resolve this matter.Thank you, John G[redacted]

My annuity was part of the ELNY debacle and my funds where cut by 53%
Ever since this went public, this company ends me letters at least once a month and often makes calls asking if I'm in interested in selling what is left for pennies on the dollar.
I have called them several times, asking them not to call or send me junk mail all the time. And to be removed from their mailing list. Well I'm still getting their calls and letters every month rain or shine.
I wouldn't recommend this company to anyone at any time.

Below is an email sent to [redacted] in which her contract was attached. There was no change in the payments being purchased. That said we have offered to rescind the contract by way of the email below on 9/10/15. To date we have not heard if the client would like to rescind but we will leave...

the offer open.
From: Mike A[redacted] [mailto:[redacted]@CBCSettlementFunding.Com]
Sent: Thursday, September 10, 2015 1:24 PM
To: [redacted] (US)
Subject: RE: Your complaint has been received
This email was sent from a non-Department of Defense email account, and contained active links. Please verify the identity of the sender, and confirm authenticity of all links contained within the message.

Dear [redacted],
Attached, please find your Purchase and Sale Agreement to purchase 27 MONTHLY PAYMENTS OF $640.19 BEGINNING SEPTEMBER 28, 2015 THROUGH AND INCLUDING NOVEMBER 28, 2017 in exchange for $13,525.36. Also enclosed is the purchase price amount delivered. You have expressed on several occasions dissatisfaction with the transfer or that you understood the terms to be otherwise. While we disagree and believe the transaction has been fully completed we are willing to rescind the transaction entirely and returns the parties to their original position.
If you would like to rescind the contract please request in writing. Upon return of the sums we will release any claims or rights to any future payments.
Thank you,
Michael A[redacted]
CBC Settlement Funding
[redacted]
Conshohocken, PA 19428
phone: ###-###-####
fax: ###-###-####

I received a mailing in the mail to buy out part of an annuity I have. They named the current holder .They received my name through open records. I contacted them telling them that I thought there mailing was bogus and I was hung up on , I called back and was rudely spoken too telling me that I can in fact do what was mentioned in the mailing, I informed them that I wanted to be taken off their mailing list. I contacted the current holder and made them ware of this issue. I am concerned about the legality of this company to pry on others who may receive the mailing and not understand in the state.??? Not all Annuities can be bought or partially be bought.

We normally pay notaries after each file is funded.  Because the file never progressed towards the funded stage, [redacted] informed [redacted] to submit the notary invoices and they would get paid.  [redacted] submitted the invoices and our Accounting department promptly paid...

**. [redacted] within two few business days of receiving the invoice.
Attached is a copy of our check to [redacted].
[redacted] spoke to [redacted] again today (May 19th) and he is happy, he received the check and will be retracting his complaint.
 
Respectfully,
 
[redacted]
Administrative Director
CBC Settlement Funding, LLC