Category Archives: Structured Settlements
Companies Can Still Buy Structured Settlement Payments Part I As much as legislation has helped claimants sell their structured settlement, some stiff restrictions still remain. For instance, you cannot use your settlement as collateral for a loan. Your settlement benefits are given to you on an income tax-free basis by the authority of Federal law. If you need a loan, your next move would be to consider selling all or some of your benefits. Associations like the National Structured Settlement Trade Association (NSSTA) frown upon the resale of structured settlements; they even discourage it openly on their website. […]
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Reasons for Selling Structured Settlements Both as a result of the recession, and changing financial needs, many individuals with structured settlement payment annuities have decided to sell and/or convert their structured settlement payments into a si…
A structured settlement attorney’s perspective on the effect OF new changes to California law on the process of approving sales of annuity payments
Block 20.1 Article 2.3 Transfers of Structured Settlement Payment Rights Amount of Structured Settlements in the United States 2014 There is no conclusive amount from a public source according to structured settlement experts, because “those involved in settling claims and financing periodic payment arrangements are not required to report the data publicly.”(see italics below) We do however have figures of annuity-based structured settlements from 2013-2008, which comprises a majority of th […]
Understanding the “Qualified Assignment” During the Purchase of Structured Settlement Payment Rights If You Can’t Understand This, it’s Time for an Independent Professional Adviser In simple terms, the qualified assignment is th…
Here is another article that we found that give credence to the need for a Structured Settlement Attorney, to act as your Independent Professional Advisor when you are selling a structured settlement 10 Things We Learned About The Structured Settlement Purchase Industry By Ashlee Kieler August 28, 2015 Report after report finds that payday lenders, auto title loan firms and pension advance operations unfairly target vulnerable consumers with high fees and questionable terms, but a new investigative piece from The Washington Post shows that are some lesser-known, but very lucrative players offering quick cash to vulnerable consumers: structured settlement purchasing companies. […]