How to get Cash in Advance on a Structured Settlement

By May 11, 2018 March 5th, 2019 Structured Settlement

A sale of a structured settlement involves the assignment of future payment rights from the person receiving the payments (known as the payee, annuitant or structured settlement recipient), and a third party. The process of selling a settlement of this nature is governed by not only Federal law but also governed by the state where the annuitant resides. While state laws differ slightly, many of the individual laws have common elements. These elements include a disclosure period, a court filing, a notice provision and the assignment for a lump can only be consummated by the entry of a court order.

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