Ohio Structured Settlement Protection Act § 2323.58 Definitions. As used in this section and sections 2323.581 [2323.58.1] to 2323.587 [2323.58.7] of the Revised Code: (A) “Annuity issuer” means an insurer that has issued an insurance contract that is used to fund periodic payments under a structured settlement. (B) “Applicable law” means any of the following, as applicable in interpreting the terms of a structured settlement agreement: (1) The laws of the United States; (2) The laws of this state, including principles of equity that are applied in the courts of this state; (3) The laws of any other jurisdiction if […]
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 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 obli… Continue reading Annuity Issuer and Structured Settlement Obligor
By AFG Newswire Sept. 14, 2014 11:00 a.m. What is Meant by “Buyer’s first right of refusal” in Structured Settlement Transfers This is a clause written in the insurance code around 1999 under “urgency legislation” by Congress in an effort to protect the consumer. Be grateful it is in the code, it protects you, and gives you the freedom to do business with whomever you want. Before 1999, and for about 20 years, when a person would enter into contract with a Company, for example, Company “A” to sell part of their structured settlement, Company “A” would […]
What is a Structured Settlement Attorney? Well lets break it down, a structured settlement attorney is an attorney is one who only represents structured settlement cases. When most people think of a structured settlement case, they first think of a personal injury case. Although they do not know it, but the fact is that is a personal injury attorney, not a structured settlement attorney. confused from the personal injury attorney is the one settling the case to get a structured settlement. When i talk of structured settlement attorney, i am referring to an attorney that assists in the transfer of a structured settlements.Sometimes referred to as an independent professional advisor. The […]
The New Jersey Structured Settlement Protection Statute NEW JERSEY PERMANENT STATUTES TITLE 2A. ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE Current through P.L.2002, c.33 § 2A:16-63. Short title. This act shall be known and may be cited as the “Structured settlement Protection Act.” L.2001, c.139, s.1, eff. Aug. 1, 2001. § 2A:16-64. Definitions relative to structured settlements. For the purposes of this act: “Annuity issuer” means an insurer that has issued a contract to fund periodic payments under a structured settlement. “Dependents” includes a payee’s spouse and minor children and all other persons for whom the payee is legally obligated to […]
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I have been thinking about this for a while now, basically there are people out there who have structured settlements and have never sold a portion of them and have no idea that you can, or how to sell a structured settlement. On the opposite side I kn… Continue reading 10 Steps to sell structured settlement
When looking for a structured settlement expert online, it is easy to get over whelmed by all the different structured settlement expert directories. You can look on the state bar website, Continue reading Structured Settlement Expert Directory
. 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 […]
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