Structured Settlement Attorney

Structured Settlement Attorney As it pertains to the transfer of structured settlement transfers:Jurisdiction, Venue, and Forum:  What’s the Difference and Why it Matters In transfers of structured settlement law, if the payee is domiciled in California at the time the transfer agreement is signed, the forum or jurisdiction, and the controlling law will be in a court inside California. If the venue, (the place where the accident happened to the payee), was out of the state […] Continue reading Structured Settlement Attorney

The Oregon structured Settlement Protection Act

The Oregon structured settlement protection statute Ch. 173 S.B. no. 645 Annuities–structured settlement rights An act relating to transfers of structured settlement rights. Be it enacted by the people of the state of Oregon: Section 1. As used in sections 1 to 6 of this 2005 act: (1) “Annuity issuer” means an insurer that has entered into a contract to fund periodic payments under a structured settlement agreement. (2) “Obligor” means a party that has a continuing obligation to make periodic payments to a payee under a structured settlement agreement or an agreement that provides for a qualified assignment as […]

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Recovering Lost Settlement Paperwork

Recovering Lost Settlement Paperwork:  Learn how to find lost paperwork! According to the National Structured Settlement Trade Association (NSSTA), if you’ve lost your structured settlement paperwork:  not to worry! “Normally, if you have misplaced your paperwork, a copy can be obtained from a variety of sources.  Contact the company that is responsible for administering your payments, your attorney, the company that settled your case, or the broker that assisted you with the […] Continue reading Recovering Lost Settlement Paperwork

San Bernardino County Structured Settlement Transfers

San Bernardino County:  6 Structured Settlement Transfers Granted in Superior Court June 2014  6 Out of 6 Granted For the month of June 2014 San Bernardino County Superior Court will hear Continue reading San Bernardino County Structured Settlement Transfers

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Article 2.3 Transfers of Structured Settlement Payment Rights

Article 2.3 Transfers of Structured Settlement Payment Rights   What is 10136(c)(1)?    (In italics and (1) is bolded)   10136(c) The transfer agreement shall be written in at least 12-point type Continue reading Article 2.3 Transfers of Structured Settlement Payment Rights

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IDAHO Structured Settlement CODE

IDAHO Structured Settlement  CODE TITLE 28. COMMERCIAL TRANSACTIONS CHAPTER 9. SECURED TRANSACTIONS Part 1. General Provisions 28-9-109 Scope. (a) Except as otherwise provided in subsections (c) and (d), this chapter applies to: (1) A transaction, regardless of its form, that creates a security interest in personal property or fixtures by contract; (2) An agricultural lien; (3) A sale of accounts, chattel paper, payment intangibles or promissory notes; (4) A consignment; (5) A security interest arising under section 28-2-401, 28-2-505, 28-2-711(3) or 28-12-508(5), as provided in section 28-9-110; and (6) A security interest arising under section 28-4-210 or 28-5-120. (b) The application […]

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Annuity Issuer and Structured Settlement Obligor

. 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 […]

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transfer agreement 10136(b) What it States

10136(b) What it States   (b) Ten or more days before the payee executes a transfer agreement, the transferee shall provide the payee with a separate written disclosure statement, accurately completed with Continue reading transfer agreement 10136(b) What it States

“CASH NOW” IS NOT “CASH NOW”

-THE LEGAL REALITIES OF Selling an Annuity or Structured Settlement for “CASH NOW”   We have all seen the commercials: “It’s my money, and I want it now!” – Or: “It’s Continue reading “CASH NOW” IS NOT “CASH NOW”

Court appointed Guardians Ad Litem Are Not Independent Professional Advisors; 

From time to time we run across articles that we believe are well written, and not just for advertisement. When we do find such articles we like to share them with our readers. this is one of those articles we found, written by an attorney, and seems to be on the mark when it comes to talking about independent professional advice. Guardians Ad Litem Are Not Independent Professional Advisors The sale of a structured settlement to a factoring company will involve a court proceeding. I […] Continue reading Court appointed Guardians Ad Litem Are Not Independent Professional Advisors;