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 the document that takes the defendants obligation to make periodic payments to the plaintiff, and officially assigns that obligation to a third party.  The third party then purchases an annuity with the promise to pay money to the plaintiff in the future.   This way the plaintiff and the defendant no longer have to communicate with each other ever again.   This document names:  the plaintiff / claimant, the […]

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