Legal Help for Veterans Targeted by Illegal Pension Advance & Pension Loan Schemes
Many veterans have been targeted by so-called “pension advances” or “pension loan” offers that promise fast cash in exchange for redirecting future pension payments.
These schemes are often marketed as not loans, but in reality they frequently involve extremely high effective interest rates, deceptive contracts, and violations of federal and state law.
If you are a veteran who accepted a lump-sum payment in exchange for assigning part or all of your pension benefits, you may be a victim of an illegal pension scheme — and you may have legal options.
Were You Offered a Pension Advance or Pension Loan?
You may have been targeted if:
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You received a lump-sum payment in exchange for future pension payments
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You were told the transaction was not a loan
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Payments were redirected to a third-party company
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The true cost of the deal was unclear or misleading
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You are now struggling with unaffordable repayment terms
Veterans Are Being Targeted Nationwide
You are not alone.
Thousands of veterans and military retirees across the country have been targeted by deceptive pension advance companies seeking to profit from hard-earned military benefits.
Federal regulators and courts have increasingly recognized that many of these arrangements function as illegal loans, despite attempts to disguise them as “sales” or “advances.”
Did you take out a “pension advance” or receive a lump-sum payment of your pension in return for agreeing to redirect all or part of your pension payments to a third party company?
Were you deceived about the terms of the deal and duped into paying unaffordable interest rates?
You are not alone! Thousands of other pensioners, mostly military, were deceived by blatantly deceptive practices in order to take over the hard earned pensions of seniors and military personnel.
If you think you may be a victim of one of these schemes and have recently “sold” your pension or other retirement income stream, you have the power to stop it by knowing your legal rights. There are federal and state laws that protect borrowers by regulating all loans for money.
If you have recently been contacted to sell your pension or other retirement income stream – or have already “sold” your pension to – any of the companies listed below (or any other company not listed), we may be able to help you:
Future Income Payments, LLC
Pension Funding, LLC
Pension Income, LLC
SoBell Corporation
Pension, Annuities & Settlements LLC
LumpSum Pension Advance
Structured Investments Co., LLC
Advance Pension Strategies
Rapid Pension Advances
LumpSum4Pensions
Lump Sum Pension Purchasing
Sell My Annuity
Bradley Financial Group
Voyager Financial Group
The attorneys at Wites & Rogers are available to answer any questions you may have or to schedule a free consultation to determine whether you are entitled to money relief.
