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doudoune moncler Why Sell Structured Settlements
PostPosted: Tue 6:59, 12 Nov 2013

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Article Tags: Structured Settlement,, Structured Settlements
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Many states in the U.S. [url=http://www.boyntonbusiness.com/hollistersoldes/]hollister france soldes[/url] have laws to help people sell their structured settlements in a risk-free manner. Structured settlements are sold as follows. The person concerned, who [url=http://www.diecastlinks.co.uk]hollister outlet[/url] wants to sell his structured [url=http://www.skoda-witzke.de/woolrichoutlet.php]woolrich outlet[/url] settlement, forwards documentation containing the insurance company’s name [url=http://www.achbanker.com/hollister.php‎]hollister[/url] and settlement payment plan to the settlement purchasers. Based on this information, the latter provides a free quote. If the person is interested, he sends a copy of his structured settlement policy and the settlement agreement. Then the two [url=http://www.fayatindia.com/giuseppe-zanotti.html]giuseppe zanotti pas cher[/url] parties, the person [Seller] and the buyer [Settlement Purchaser], draw up a mutual agreement. This agreement, along with the application for selling the structured settlement, [url=http://www.sandvikfw.net/shopuk.php]hollister outlet sale[/url] is submitted to the court for approval. The court reviews the application to confirm if it is in the best interests of the applicant. The settlement purchaser [url=http://www.mquin.com/pjsdoudoune.php]parajumpers pas cher[/url] does all the processing. On average, [url=http://www.riad-marrakesh.fr]abercrombie pas cher[/url] the court process takes around 2 to 3 months, depending on the state laws in force.
Let’s imagine that a person [url=http://www.par5club.com/louboutin.php]louboutin pas cher[/url] is injured in an accident. He goes for a personal injury lawsuit and wins the case. The result would be a structured settlement, an agreement by which the person agrees to accept payments over a period of time in exchange for the release of liability for his claim. Structured settlements are like bank certificates of deposit, or annuities.
According [url=http://www.rtnagel.com/louboutinpascher.php]louboutin[/url] to Federal and state transfer acts, only personal injury settlements can qualify as structured settlements.

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