Stone Street Interest Dragging SOB Nationwide

I am in reciept(sic.) of the response from Stone Street capital regarding my BBB complaint and would like to respond. I find it highly unlikely that Stone Street would be confused about my feelings or complaints against them as I have been very vocal throughout the transaction.

First let me point out that I am exceptionally familiar with the process of this type of transaction as I have sold payments twice before.

I entered into an agreement with Stone Street in November of 2009 with the understanding that the case would be filed right away and that I would be funded by February of 2010 which is why the sale began with my March 2010 payments. I was very much surprised and dissappointed(sic.) when I learned that the case was filed in King County Court until February 1, 2010 which gave us a hearing date of March 16, 2010.  As far as the modified deal. Stone Street failed to file the amended documents with the court as required. The sale price that was on record with the court was close to ten thousand dollars less than the ammended(sic.) agreement. As far as purchase price, I feel that I was a victim of bait and switch. I was initially offered a net price of $62,000. The ammended(sic.) documents left me responsible for the $1900 attorney/processing fees.

I feel that everything that I was warned about happened to me in this transaction. I was promised 2 gift cards for agreeing to the transaction and recieved(sic.) one. When asked about it, I was given the cold shoulder. When I was offered a higher price by Genex Capital I tried to Cancel with Stone Street and recieved(sic.) an intimidating almost threatning(sic.) call indicating that I had already entered into the contract with them and it was basically too little too late. I threatened to tell the judge about the other offer and that I didnt(sic.) feel like accepting $10,000 less was in my best interest. Prior to entering into the contract I was NOT provided an explanation of the process and the time frame as councel(sic.) for Stone Street would lead you to believe. Instead I was assured that I would be funded by February 2010. I was warned about "interest dragging" . I feel that I fell victim to this which is why the transaction took literally 5 months or more from beginning to end. To add to my belief that I was a victim of the "interest dragging", 1 week after the judge approved the order I was advised by my insurance company that they were not in reciept(sic.) of the court order which was necessary to complete the process. I took it upon my self to fax the legal department a copy of the approved order. I contacted the insurance company the following day to confirm reciept(sic.) of the fax. I was advised at that time that they had recieved(sic.) my fax and at that time Stone Street had still not forwarded the court order.

My list of complaints with Stone Street go on and on. It was at the advice of my attorney that I filed a complaint with the BBB.  While I have been funded I am in no way satisfied with my experience with Stone Street. I have kept a detailed record of my communication with this company. As far as the courtesy advance that I was given, it was the very least that they could have done. So no, I am far from satisfied with this transaction. Aside from finally being funded I am not satisfied with the response or experience with Stone Street Capital."