What Happens If An Interested Party Actually Opposes Your Application
Block 18.2 Article 2.3 Transfers of Structured Settlement Payment Rights
What Happens If an Interested Party Actually Opposes Your Application?
The opposing party is not likely to conduct any searching cross-examination; but it’s not out of the question. According to experts in the field, Daniel W. Hindert, and Craig H. Ulman, if the party opposing an application is the structured settlement obligor or the annuity issuer, this opposition will typically have little or no information about the payee.
Beware. We did say, “typically”, not “always”. There are always exceptions to the rule.
If the party opposing the application is a member of the payee’s family or someone else who has continuing rights or obligations under the payee’s structured settlement, the opponent, even though the know the payee’s situation, is likely to be appearing pro se, (representing themselves-no lawyer); therefore chances of a good fight are pretty slim.
What we are trying to say is that even though an application might be opposed, the opponent is not likely to conduct any searching cross-examination.
BUT! It is always best to be prepared. Hire an independent professional adviser. You don’t even pay for the independent professional adviser. The transfer company pays up to $1500 for an independent professional adviser for you.
After everything you’ve been through, it would be a shame to throw it away at that point in the game. Call today for a free consultation.