. Block 17.4 Article 2.3 Transfers of Structured Settlement Payment Rights Annuity Issuer and Structured Settlement Obligor Not Required to Divide Payments 10139.3(e) states, “Neither the annuity issuer nor the structured settlement obligor may be required to divide any structured settlement payment between the payee and any transferee or assignee or between two or more transferees or assignees.” Who then divides the money? Does the structured settlement obligor or the annuity issuer ever divide the money? Did something bad happen in the past that they can’t divide the money? Do they have motive? What is this law […]
The Alaska Structured Settlement Protection Statute House Bill No. 64 AK Statute §§ 09.68.200–09.68.230 “An Act relating to court approval of the purchase of structured settlements.” TEXT: BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: Section 1. AS 09.68 is amended by adding new sections to read: Sec. 09.68.200. Conditions to transfers of structured settlement payment rights and structured settlement agreements. (a) A transfer of structured settlement payment rights is not effective and a structured settlement obligor or annuity issuer is not required to make a payment directly or indirectly to a transferee of structured settlement payment […]
In this every changing financial climate a person’s financial needs or wants can change dramatically over night both as a result of the recession, and changing financial needs, many individuals with Continue reading WHAT EVERY PERSON WISHING TO SELL A STRUCTURED SETTLEMENT
it is the primary market in which your structured settlement was issued to you. at a time when the court system is already over burdened, there is no time and there has not been any time to go back and re-write the rules that govern structured settlements in the primary market to benefit you. Unfortunately, it is not all about you in the eyes of the court. To the Law Offices of Eugene Ahtirski, it is all about you. the rules that for structured settlements are rigid with no flexibility. your life changes, but the rules do not. it is […]
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Block 11.2 Article 2.3 Transfers of Structured Settlement Payment Rights 10136(c)(10) California Insurance Code Fights for Justice with Independent Professional Advisers! Justice is leveraged as California legislators mandate transfer companies Continue reading California Insurance Code Fights for Justice with Independent Professional Advisers!
A structured settlement attorney’s perspective on the effect OF new changes to California law on the process of approving sales of annuity payments Continue reading A structured settlement attorney’s perspective
When the Independent Professional Adviser is Written Out of the Contract by an Unwary Transfer Company This results in a denial to your petition Unfortunately, this happens today, as current as Continue reading When the Independent Professional Adviser is Written Out
Selling a structured settlement in an economy that is crippled, could be more difficult. Selling your future payments or portions of your payments in a thriving economy could mean thousands of Continue reading THE WORLD ECONOMY AND SELLING A STRUCTURED SETTLEMENT
Seek independent professional advice If you are contemplating the sale of all or part of your structured settlement payments you should contact a settlement planning professional or a financial planner familiar Continue reading Seek independent professional advice
Why Are You Selling Your Structured Settlement Payment Rights? Before the courts give you final approval of your transfer, they want to know what is motivating you to sell. Continue reading Selling Your Structured Settlement Payment Rights