David K.
A Horrible experience and a fictional offer
Response to Abacus’s response. Everything you said is true, Except that you turned me down. I was told that I was turned down by a different funder which was not Abacus. If in fact, I was turned down by Abacus, then shame on you for putting me through 3 months of hell and including my family in this process. Perhaps, you can explain to me why my personal history would have any bearing on anyone else. The truth is and you know it, Abacus has purchased policies unknowingly on individuals who have personal histories similar to mine. The difference…I told the truth. My anger stems from the fact that your firm is judging me on something that I paid for. It is normal for a person to rate a company by the success or failure of the settlement. In my case the latter occurred. I was presented with a great offer. Unfortunately, the offer was pulled because of 1 strike on my history. Everyone agreed the strike did not affect the validity of the contract for sale. I do not trust the partners of Abacus. I do howeve, trust EFI to give you as she did me 100 % effort. She is to good to be wasting her talent at this company.
Response from Abacus Life SettlementsDec 9, 2022
Dear Mr. Kossak Our decision to withdraw your offer wasn’t an easy one to make but the “one” strike you referenced was significant enough for us to reach that conclusion. We operate under strict regulatory guidelines which mandate our purchasing decisions. It would not be fair to the thousands of other clients we’ve assisted if we adjusted our standards. In the end, we provided you a complete copy of your file so you could utilize other settlement companies. We also appreciate your comments about Efi. She is a wonderful member of our company and worked very hard on your behalf. Please let us know if we can be of any further assistance.