Complaint Review: J.G. Wentworth, Peachtree Settlement - Wayne Pennsylvania
- J.G. Wentworth, Peachtree Settlement 201 King Of Prussia Rd Suite 200 Wayne, Pennsylvania United States of America
- Phone: 800-454-9368
- Web: http://www.jgwentworth.com
- Category: Financial Services
J.G. Wentworth, Peachtree Settlement Peachtree Financial J.G. Wentworth, Peachtree Settlement DECEPTIVE SELLING PRACTICES Wayne, Pennsylvania
*Consumer Comment: Something to think about
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My sister decided to sell her structured settlement payments sometime in Aug/Sep 2011. She called J.G. Wentworth first because their commercials are on the local tv channels every 15 minutes but she also decided to speak with Peachtree Financial because she wanted to make sure that she got competitive quotes.
My sister really went back and forth between both companies and she felt that the negotiations had gone very well. Finally after a week or two the Peachtree representative finally told her that they could not match the Wentworth offer and that she should take the deal with J.G. Wentworth. The Peachtree representative went as far as to say that she was getting an excellent offer and that J.G. Wentworth is an excellent company and that she is in good hands.
The case and funding happened relatively promptly and she received her check from J.G. Wentworth several weeks ago.
The other day she received a random telephone call from a different company who also buys structured settlement payments. The representative pointed out to my sister that J.G. Wentworth bought Peachtree Financial way back in July and that J.G. Wentworth fired most of the Peachtree Financial staff (155 employees) shortly afterwards.
The representative then gave her what he considered to be a conservative quote for the payments that she had just sold and it was for $22,000.00 more than what J.G. Wentworth had paid her.
My sister is now in complete shock and depressed to the point where I had to take time off work to be with her during this terrible period. She paid dearly for this settlement (the wrongful death of her child) and now she feels like she has been victimized all over again by J.G. Wentworth and Peachtree Financial. J.G. Wentworth is clearly using their recent purchase of Peachtree Financial as a means to deceive people just like my sister. I don't care what they want to call it but it is just plain disgusting and criminal to steal from people who have already suffered so terribly.
J.G. Wentworth and Peachtree Financial you people make me absolutely sick! All that you have done for us is make us all realize how horrible a company can be to an individual. Your day will come! Our familys Thanksgiving 2011 will be something that we will want to forget thanks to J.G. Wentworth and Peachtree Financial.
For everyone else out there please watch out for this trap!
This report was posted on Ripoff Report on 11/22/2011 03:10 PM and is a permanent record located here: https://www.ripoffreport.com/reports/jg-wentworth-peachtree-settlement/wayne-pennsylvania-19087/jg-wentworth-peachtree-settlement-peachtree-financial-jg-wentworth-peachtree-settlem-800910. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 Consumer Comment
Something to think about
AUTHOR: Ramjet - (U.S.A.)
SUBMITTED: Tuesday, November 22, 2011
Here is a link relating to the Peachtree/Wentworth deal. Apparently they still operate independently.
Also, do you know for sure the other company would have paid $20,000.00 more? Talk is cheap, maybe they were just upset that they didn't get the business and said that to upset her.
I don't know, but maybe it's not as bad as they tried to make her think it was. They may have accomplished their goal.
You can't trust most sales people. Their agenda is different from yours.
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