Category: VFG

Upstate Law Group’s Participation in Pension Assignment Operation Exposed by Newspaper

The Charleston (South Carolina) Review and Courier has posted an investigative piece describing the relationship of a South Carolina Law Firm, the Upstate Law Group, in a pension assignment operation.  The article is available online here. The names of the companies selling the pension assignments changed over the years, but the participation of Upstate Law […]

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CFPB fines Pension Assignment Scam Honcho ONE DOLLAR

The Consumer Financial Protection Bureau, under Trump appointee Mick Mulvaney has virtually abandoned it’s consumer protection role. Never has that been more apparent than the agency fining Mark Corbett, the man behind a number of pension assignment scam companies, the whopping sum of $1.00.  That’s one whole dollar.  With the neutering of the CFPB, it […]

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Pension Assignment Problems Are Coming Back

Just when I thought the pension assignment industry was dead, they keep popping back up. The current problem seems to be collection effords driven by the “investors” who purchase the pension assignments.  I have beeen dealing with these cases since 2014.  Below is from a blog entry that I wrote initially in 2015.  In my […]

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More on Pension Factoring – Pension Assignments

We just did our third case in support of pensioners who got involved in pension assignment contracts.  In my opinion, these contracts are illegal not just from the point of view of the seller, but also from the point of view of the buyer as well.  From the seller’s point of view, they are disguised […]

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We’re Still Looking for Pension Factoring (Pension Assignment) Cases – Especially Veterans’ Pensions

We are still interested in helping people who assigned all or part of their pensions to third party companies in exchange for a lump sum.   It is a lot easier to stop the payments going out than to collect the money once it has been taken from you.  Please call us at 317-662-4529.

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More on Voyager Financial Group (VFG) and Assignment of Military Pensions

Since I initially posted about Voyager Financial Group. I’ve received multiple calls from people who assigned military pensions.  It is illegal for enlisted military members to assign pensions under 37 U.S.C. 701.  (Commissioned officers may assign pensions up to certain limits.) 38 U.S.C. 5301 contains limits on assignability of V.A. pensions. It appears that there […]

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