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An Ethical Dilemma
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“Settling for less,” a recent article in U.S. News, discusses the somewhat newfound entity of “factoring 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 t .... Middle of paper .... bite causing vision and neurological problems. When he turned eighteen he was already homeless but 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 ....
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Number of words: 548 Number of pages: 2 (approx. 250 words per double-spaced page)
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