Companies Can Still Buy Structured Settlement Payments Part II

Buy Structured Settlement Payments Companies Can Still Buy Structured Settlement Payments Part II  Companies that buy structured settlements have to put up with a lot to exist and do what they do.  Despite the fact that these companies are now recogniz… Continue reading Companies Can Still Buy Structured Settlement Payments Part II

The Georgia Structured Settlement Protection Statute

The Georgia Structured Settlement Protection StatuteSenate Bill 174 AN ACT: To amend Article 4 of Chapter 12 of Title 51 of the Official Code of Georgia Annotated, relating to damages in tort actions, so as to change provisions relating to prerequisites for transfer of structured settlement payment rights; to provide for court filings; to provide for hearings relative to transfers; to change provisions relating to notification of cancellation rights; to provide for related matters; to repeal conflicting laws; and for other purposes. Be it enacted by the general assembly of Georgia:SECTION 1.Article 4 of Chapter 12 of Title 51 of […]

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What is a Structured Settlement Attorney

What is a Structured Settlement Attorney? Well, let’s 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 … Continue reading What is a Structured Settlement Attorney

Using a Primary Market Annuity funds to fund a Secondary market?

Recently we have been seeing an increase in funds marked for a primary market annuity being used to purchase a secondary market annuity in an effort to obtain a better rate Continue reading Using a Primary Market Annuity funds to fund a Secondary market?

Companies Can Still Buy Structured Settlement Payments Part I

Companies Can Still Buy Structured Settlement Payments Part I   As much as legislation has helped claimants sell their structured settlement, some stiff restrictions still remain.  For instance, you cannot use your settlement as collateral for a loan.  Your settlement benefits are given to you on an income tax-free basis by the authority of Federal law.  If you need a loan, your next move would be to consider selling all or some of your benefits.   Associations like the National Structured Settlement Trade Association (NSSTA) frown upon the resale of structured settlements; they even discourage it openly on their website. […]

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Companies Can Still Buy Structured Settlement Payments Part II

Companies Can Still Buy Structured Settlement Payments Part II  Companies that buy structured settlements have to put up with a lot to exist and do what they do.  Despite the fact that these companies are now recognized in the structured settlement industry and legislation has been put in place for them to conduct their business in an ethical way, associations like the National Structured Settlements Trade Association (NSSTA) still openly discourage claimants from even considering selling their structured settlement payments.   Like we said in the Part I of “Companies Can Still Buy Structured Settlement Payments”, we understand the impetus […]

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Companies Can Still Buy Structured Settlement Payments Part II

Buy Structured Settlement Payments Companies Can Still Buy Structured Settlement Payments Part II  Companies that buy structured settlements have to put up with a lot to exist and do what they do.  Despite the fact that these companies are now recogniz… Continue reading Companies Can Still Buy Structured Settlement Payments Part II

HARVEST HOME OR THANKSGIVING?

HARVEST HOME OR THANKSGIVING? In a letter from “E.W.” (Edward Winslow) to a friend in England, he says: “And God be praised, we had a good increase…. Our harvest being gotten in, our governor sent four men on fowling that so we might after a special manner rejoice together….” Winslow continues, “These things I thought good to let you understand… that you might on our behalf give God thanks who hath dealt so favourably with us.” In 1622, without his approval, Winslow’s letter was printed in a pamphlet that historians commonly call Mourt’s Relation. This published description of the First […]

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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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“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”