New York, NY (PRWEB) May 18, 2012
The Executive Director of the Maryland Association for Justice, Inc., David B. Walls, has written a letter to member attorneys regarding its position on selling structured settlements. Walls clearly states the MAJ position as recommending against such sales. However, Walls notes that there are times when the facts and circumstances change or the client will not be deterred from the sale. The letter then reads, “When that happens, MAJ suggests that its members use our newest Platinum Sponsor, Strategic Capital, to purchase the Structured Settlement or Structured Attorney fees.”
Strategic Capital Corporation http://www.StrategicCapital.com is a specialty finance company in the factoring industry with a reputation as a trustworthy buyer of structured settlements that also offers responsible and knowledgeable help to clients. The factoring industry offers the holders of annuity payments, such as legal awards and lottery winnings, a chance to access the present cash value of the settlement payments by selling all or part of the future payments they will receive.
When asked about the MAJ letter, David Meyerowitz, President and CEO of Strategic Capital Corporation, said, “Of course, we’re pleased that the MAJ has suggested its members use our services to sell payments. We’re looking forward to working with the members and clients to demonstrate our integrity and professionalism.”
The letter goes into more detail about the reasons for suggesting the company by remarking that Strategic Capital has explained that the company works with clients to see if there are other sources of funds as well as asking the client about ordinary expenses such as rent. Walls writes, “They really want to be sure someone doesn’t lose the roof over their head for the sake of a truck or a holiday.”
Next, the MAJ observes that Strategic Capital has an upper limit on the rates they charge when someone wants to sell annuity payments which is significantly lower than the typical credit card rate they see. Finally, the MAJ notes that Strategic Capital is able to buy only part of the structure and leave the client with the rest.
In closing, the MAJ says that attorneys don’t always hear of their clients who have called to ask about selling a structured settlement. Walls writes, “Please tell your associates, your paralegals and your receptionist that any time clients call about selling their structures, they should be directed to speak with Strategic Capital.”
To find out more, contact president, David Meyerowitz toll free at (866) 256-0088 or visit Strategic Capital’s website at http://www.StrategicCapital.com.
About Strategic Capital
Strategic Capital Corporation is a specialty finance company with a focus on purchasing future payments such as structured settlements, annuity payments, and lottery winnings. To date, the company has successfully originated over $1.5 billion in future payments.