Category Archives: Structured Settlements
What Happens To My Structured Settlement After I Sell It
Have you ever wondered what happens after you sell your structured settlement? So you receive a structured settlement or lottery pay out, and later you decide to sell all or a portion of it for a lump-sum payment. But where does the money come from? Wh…
The Jg Wentworth Companyr Urges Governor Hogan To Sign Bill Enacting New Reforms On Structured Settlement Payment Purchasing
Article on Business Wire Found this article the other day, and thought it just goes to show how the industry is changing, and points to the need of Independent Professional Advisors / Structured Settlement Attorneys such as ourselves. JG Wentworth is o…
Structured Settlement Reforms
Structured settlement Reforms on the way…… As a structured settlement attorney that specializes in independent professional advice for sellers of structured settlement payments, we try to stay on top of changes in the industry. While follow…
Transfers of Structured Settlement Payment Rights
Block 16.7 Article 2.3 Transfers of Structured Settlement Payment Rights When “Notice” is Considered “Given” by Law for Article 2.3 in CA Insurance Code It’s NOT with an out of the country, private courier on the DAY O…
Filing Structured Settlement Transfer
Block 16.4 Article 2.3 Transfers of Structured Settlement Payment Rights OAG May Charge for Filing Structured Settlement Transfer Agreement California Insurance Code 10139(c) simply states, “The Attorney General may charge a reasonable fee fo…
IF YOU ARE A SELLING A STRUCTURED SETTLEMENT – YOU NEED TO READ THIS!
IF YOU ARE A SELLING A STRUCTURED SETTLEMENT – YOU NEED TO READ THIS! Regardless of how simple the TV commercials and web-ads make it sound, any sale of a structured settlement requires Court Approval! What this means is that if you are thinking of a selling your structured settlement, you must first go to court and get a judge to approve the sale. More important, the judge must also make the decision that selling your structured settlement is in your best interests, or the sale of your structured settlement payments will be denied. Fact, this is true no matter […]
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Your Transfer of Payment Rights
Block 17.1 Article 2.3 Transfers of Structured Settlement Payment Rights Forget About Signing Any Waiver for Your Transfer of Payment Rights: This Contract You Don’t Control 10139.3(a) None of the provisions of this article may be waived by …
AN INDEPENDENT PROFESSIONAL ADVISOR (IPA) CAN USUALLY GET YOU MORE MONEY FOR THE STRUCTURED SETTLEMENT PAYMENTS YOU ARE SELLING
AN INDEPENDENT PROFESSIONAL ADVISOR (IPA) CAN USUALLY GET YOU MORE MONEY FOR THE STRUCTURED SETTLEMENT PAYMENTS YOU ARE SELLING Every sale of a structured settlement requires prior court approval first, and 48 states have currently enacted some form o…
Federal Interest Rate Rise vs. Structured Settlements
Structured settlements are annuities. Annuities grow faster when interest rates are higher. There are “fixed” and “variable” annuity rates. If you were issued a “fixed” annuity, this means there was a stated interest rate at purchase, and it’s guaranteed to stay at the same rate. This type of annuity will not be so affected by the rise in the Federal Interest Rate. If you were issued a “variable” annuity at purchase, this means the terms can change. In oth […]
