Par Funding Receivership Website

Update on A Better Financial Plan

November 9, 2020

To Investors in A Better Financial Plan:

On October 31, 2020, Judge Ruiz of the U.S. District Court for the Southern District of Florida entered an order releasing from the Receivership certain entities owned or controlled by Defendant Dean Vagnozzi.  This order can be viewed under “Key Court Documents” on this website.  The order is listed as “DE 360.”

This order applies to investors in the following funds at A Better Financial Plan:

  • Pillar Life Settlement Fund LP
  • Pillar II Life Settlement Fund LP
  • Pillar 3 Life Settlement Fund LP
  • Pillar 4 Life Settlement Fund LP
  • Pillar 5 Life Settlement Fund LP
  • Pillar 6 Life Settlement Fund LP
  • Pillar 7 Life Settlement Fund LP
  • Pillar 8 Life Settlement Fund LP
  • Gibraltar Fund LP
  • Atrium Legal Capital LLC
  • Atrium Legal Capital 2 LLC
  • Atrium Legal Capital 3 LLC
  • Atrium Legal Capital 4 LLC
  • ProMed Investment Co. LP
  • ProMed Investment GP
  • Woodland Falls Investment Fund LLC
  • ABFP Libra Fund LLC

Mr. Vagnozzi has filed a sworn declaration with the Court that the above funds did not receive any money related to Complete Business Solutions Group, Inc. d/b/a Par Funding.  The Court has set forth a timeline for Mr. Vagnozzi to appoint a manager or administrator for the above funds such that ABFP Management (a Receivership entity) will have no role in connection with these funds moving forward.  Furthermore, ABFP Management will sell or transfer all general partnership interests in these funds. 

Until such time as the new manager or administrator of these funds are in place, all investor inquiries should be directed to Mr. Dean Vagnozzi at:

(610) 812-6655 or [email protected].

Yours Very Truly,

Ryan K. Stumphauzer, Esq.
Court-Appointed Receiver