What in the world is going on with Structured Asset Funding? After observing the saga of a Connecticut woman, one would think that the folks over at Structured Asset Funding (123 Lump Sum or FundingCash.com) would finally get their act together. Well apparently not!

Here are two testimonials written within the last 20 days about Structured Asset Funding located on TrustLink.org:

I would not recommend using this company. My husband and I started this process over a year ago, finally got the court approval and now almost two months later no money. They falsely advertise with their fast cash slogans. Anyone going into this has to understand it's not gonna be an overnight thing.

And furthermore their whole attitude just sucks. They don't return your calls. They give you false information, they promise you one thing and it never happens. I mean what is that who runs a company like that. Considering the amount of money they are making off of you settlement by selling it to them. They should be kissing the ground you walk on. Yeah well it isn't so. I am still waiting and I am wondering what is gonna be my next step. My husband and I needed this money for a house for us and our little girl. I'm beginning to wonder if this will ever happen.

I would highly recommend not doing business with this company.

Three months after my money has been promised to me (after 9 months of court and notarized paperwork), I still have not seen a single dime, and am facing imminent foreclosure.

Answers are not satisfactory. It's always "We're just waiting for the bank to release the funds."

How hard is it to write a check?

I am very aggravated at the entire process and regret my decision wholeheartedly.

There can be certain complications that can delay a structured settlement factoring transaction such as waiting for a benefits letter, bankruptcy, divorce, and other mitigating factors. After reading the two testimonials, logic says that it must be something other than the above circumstances. It appears there is an issue with the investor or financial institution that funds Structured Asset Funding's cases. With the high demand for these financial vehicles from investors, this author finds it unusual that a company is unable to find money to fund a transaction. If there is an issue with rates or a shortage of money, why not tell the client the truth so they can take the proper steps to ensure their financial stability?

If or when any of these annuitants were to be paid, who receives the Per Diem interest that has accrued during the time this case has taken to fund? Lets take the following case as an example. Lets say John Smith wants to sell 100 monthly payments of $1000 each starting in February of 2010. Everyday that it takes a company to fund this case, the annuity is worth more because it is one day closer to a payout date. In the example given above, everyday that passes, that annuity is worth approximately $23 more per day. If this case were to drag on for 9 months then the annuity would have accrued approximately $6000 worth of interest.

Who receives this interest when it comes to Structured Asset Funding and their unpaid clients?