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An Ethical Dilemma
Part 1 of Paper
....oring companies." These factoring companies provide a lump sum cash amount in return for a beneficiary's future payments. This lump sum amount, as you may have guessed, is considerably less than the full amount that would be received if the beneficiary were to wait for each installment. The big question is are the f.... Part 2 of Paper
.... soon received the first $7500 installment of the $75,000 settlement. This money quickly took him off the street but did not last long. He then turned to a large factoring company by the name of J.G. Wentworth. He sold his remaining future payments of $67,500 for the lump sum of $16,100. He is now homeless again and has nothing left to sustain him. Another client by the name of Raymond White was awarded a $198,000 settlement but cashed in his future payments for a lump sum total of $54,000..... |
| Number of words: 548 - Approximate pages: 2 |
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