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What Is a Structured Settlement?
Here’s what to know when a legal settlement is paid over time rather than all at once and how it might affect your finances ...
When somebody plays a part in another person’s injury or financial losses, they’re compelled by a judge or jury to pay a compensation to the wronged party. This compensation is known as a settlement.
A newly approved opinion directs judges evaluating structured settlement sales in exchange for lump-sum payments to push their inquiries beyond the litigant's basic understanding of the deal—and in ...
BOCA RATON, Fla.--(BUSINESS WIRE)--Imperial Holdings, Inc. (NYSE: IFT) ("Imperial"), a specialty finance company with a focus on providing liquidity solutions on individual life insurance policies and ...
Certain judges can no longer hear court cases in which companies seek to purchase structured settlements from accident victims, South Carolina Supreme Court Chief Justice Donald Beatty has ordered.
As we were watching a television program recently, on came a commercial that really hit a nerve. Operatic singers dressed as Vikings sang a J.G. Wentworth jingle, "I have a structured settlement but I ...
On December 17, the CFPB filed a proposed stipulated final judgment and order against a limited liability company, its principals, and an attorney who allegedly provided advisory services to consumers ...
Individuals and families looking for extra cash might be in the market for structured settlement companies to purchase their annuity rights in exchange for a lump sum. However, the process of a ...
The CFPB has filed a lawsuit in a Maryland federal district court against: (1) Access Funding, LLC (Access), a limited liability company that purchases structured settlements from consumers; (2) ...
“Three of my employees were involved in a very serious auto accident which will result in a large settlement to provide for future care, loss of income and general compensation. “They are out of a job ...
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