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Transfers of Structured Settlement Payment

Transfers of Structured Settlement Payment Rights   Compliance to Contract Writing is the Responsibility of the Transfer Company   The California Insurance Code puts the onus on the transfer company to get all of the contracts right.  The Insurance Cod…

Merry Christmas

​Christmas or Christmas Day (Old English: Crīstesmæsse, meaning “Christ’s Mass”) is an annual festival commemorating the birth of Jesus Christ,[7][8] observed most commonly on December 25[4][9][10] as a religious and cultural celebration among billions of people around the world.[2][11][12] A feast central to the Christian liturgical year, it is prepared for by the season ofAdvent or the Nativity Fast&nb […]

THE WORLD ECONOMY AND SELLING A STRUCTURED SETTLEMENT

Transfers of Structured Settlement Payment

Transfers of Structured Settlement Payment Rights   Compliance to Contract Writing is the Responsibility of the Transfer Company   The California Insurance Code puts the onus on the transfer company to get all of the contracts right.  The Insurance Cod…

Structured Settlement Lawyer Review

Structured Settlement Lawyer 800.200.4384 In this article Earl Nesbitt, which I have had the pleasure of meeting and discussing the structured settlement industry with. He has carefully dissected in a basic terms way the problems of the Maryland structured settlement transfer court procedure. The structured settlement protection act in Maryland already states; 5-1101(c) Independent professional advice.–“Independent professional advice means advice of an attorney, certified publi […]

Secondary Market Annuities: An Overview of the Asset, the Risk, the Rate of Return, the Purchase Process, and the Under-Writing

Buying Structured Settlements

Buying Structured Settlements Buying of structured settlements in the secondary market has been a booming business that has until of late been relatively a top-secret need to know topic. What are you buying? Well, you are buying a future payment stream. usually as an award of the court for some sort of personal injury settlement. Where the settlement was invested in an annuity to provide for a larger payment over time. Now you aren’t buying the payments at face value, in fact; the IRS has a calculation that is used to figure out what that future payment is valued at […]

The post Buying Structured Settlements appeared first on Structured Settlement Attorney 800.200.4384.

Transfers of Structured Settlement Payment

Block 16.3 Article 2.3 Transfers of Structured Settlement Payment Rights   Reporting to the OAG:   To Review or Not Review:  Does the OAG Take a Look at Each Transfer Agreement?   10139(b) says “no”.  10139(b) states, “The Attorney General may, but is not required to, review any transfer agreement in order to ensure that the transfer meets the requirements of this article.”   (You can view this “article” (10139(b)) here:    https://codes.lp.findlaw.com/cacode/INS/1/d2/2/1/2.3/s10139 a Thomson Reuters website that was last updated Nov. 13, 2013 at 1:08 p.m. PST.)   The code is short, and so is this article.  It’s straight forward.  10139(b) […]

The post Transfers of Structured Settlement Payment appeared first on Structured Settlement Attorney 800.200.4384.

Transfers of Structured Settlement Payment

Transfers of Structured Settlement Payment Rights   Compliance to Contract Writing is the Responsibility of the Transfer Company   The California Insurance Code puts the onus on the transfer company to get all of the contracts right.  The Insurance Code spells out the terms of the disclosure statement, and the transfer agreement in Sections 10136, 10137, and 10138 to the transfer company, and only the transfer company. The code below states that it is the sole responsibility of the transfer company to draft these and any other necessary contracts to “seal the deal” for a successful transfer of payment rights. […]

The post Transfers of Structured Settlement Payment appeared first on Structured Settlement Attorney 800.200.4384.

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