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Report: #874376

Complaint Review: peachtree setlment funding - atlanta Georgia

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  • Reported By: Eric — williamsport Pennsylvania United States of America
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  • peachtree setlment funding atlanta atlanta, Georgia United States of America

peachtree setlment funding ripping off the little guy atlanta, Georgia

*Author of original report: ken

*Consumer Comment: It is NOT a good idea to deal with these companies....EVER.

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I was also scammed by these charlitans. At the time I was recieving an insurance settlement from a severe life changing car accident. I initially recieved 250.000$ payable every six months in small incraments. I decided to contact peachtree after being unable to hold down a job and with the small amount of money i was receving wasent enough to live on. 

What a huge mistake that was,being young and nieve I went into an agreement with thease thieves and they proceded to take all my money in return giving me only 36,000$ and taking the rest for themselves. I later contacted peachtree trying to get ahold of my so-called broker and was told they had no record of him working for the company. This very same person who brokered the entire transaction wanted me to come party with him at his beach house in Hermosa Beach, Ca. UNBELIVABLE! I never saw this person, peachtree claims they have no record of his employment, but im sure someones getting paid and it's not me. Bottom line is they stole almost $200.000 from me I made a poor discision, but peachtree took advantage of someone in a compromised position.

This report was posted on Ripoff Report on 04/26/2012 03:30 PM and is a permanent record located here: https://www.ripoffreport.com/reports/peachtree-setlment-funding/atlanta-georgia-/peachtree-setlment-funding-ripping-off-the-little-guy-atlanta-georgia-874376. 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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#2 Author of original report

ken

AUTHOR: Eric - (United States of America)

POSTED: Friday, April 27, 2012

I was supposed to have money left over after the lump-sum payment so i could still recieve money from my settlement in the future. The point is all of my settlement was never to be sighned over to them! Through shady dealings they some how got ahold of it all, and the fact that this so-called "broker" just dissapeard is way to convinient for them. So thanks Ken you don't need to be a d**k about it!

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#1 Consumer Comment

It is NOT a good idea to deal with these companies....EVER.

AUTHOR: Ken - (USA)

POSTED: Thursday, April 26, 2012

You get periodic payments, essentially your ONLY income and you sign it away for a cash settlement and then wonder what happened....right?

They very likely did NOT force you to sign the agreement.

NOBODY took advantage of you and NOBODY stole from you....YOU willingly entered the agreement.

What did you expect your "broker" to do for you?

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