Day: February 22, 2019

Recovering Lost Settlement PaperworkOriginally Posted on May 27, 2015, last updated on March 22, 2016 and reposted on February 22, 2019

Recovering Lost Settlement Paperwork:  Learn how to find lost paperwork! According to the National Structured Settlement Trade Association (NSSTA), if you’ve lost your structured settlement paperwork:  not to worry! “Normally, if you have misplaced your paperwork, a copy can be obtained from a variety of sources.  Contact the company that is responsible for administering your payments, your attorney, the company that settled your case, or the broker that assisted you with the structured settlement during the settlement.” If you cannot locate the paperwork, contact an independent professional advisor.  We can help you accommodate the courts in other means to move forward with your transfer.  There may be alternatives in providing the courts with what they need. You will need the paperwork and/or some type of documentation from the underlying structured settlement if you want to transfer your structured settlement payment rights.  The court needs to determine when your original settlement was completed, whether or not the future payments were intended for future medical care and treatment for you and whether or not you still need that future medical care and treatment. [CA Ins. Code 10139.5(b)(5)] It is possible you don’t need the anticipated future medical care and treatment, but the court needs to decide that for themselves. We are professionals in the field that can help you locate your paperwork and move forward with your future goals to get control of your money. Recovering Lost Settlement Paperwork

Attorney Advises on Structured Settlements

Many people receiving structured settlement payments face pressing financial needs, which cause them to consider selling their annuity for a lump sum in cash. Sounds simple, but the process is actually complex, time-consuming and fraught with pitfalls for unwary and uninformed consumers. If deceptive advertising by companies who profit from these transactions has lulled you into thinking you’ll get all your money instantly, STOP! and consider these little-known facts: ​ ​

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Selling a structured settlement: 1.     Requires a Court to approve the transaction; 2.     Will take up to 90 or more days to complete the process; and 3.     The final “net” amount received is far less than the “face value” of the annuity. Because a person who sells a structured settlement annuity will receive a deeply discounted amount of money, it is critical to be as informed as possible before making the decision to sell. Plus, as not all transactions are approved by a Court, there’s no guarantee your sale will be approved as a court must first find that the sale is in your best interests. Mr. Ahtirski knows the Court system and also knows how to help sellers of structured settlements seek to negotiate a higher purchase price from the various companies that buy structured settlements.  Put our experience to work  Since 1994, attorney Eugene Ahtirski has been an active participant in almost every area of the secondary market factoring industry  pertaining to the sale of future payment streams and has personally participated in thousands of court approved transfers. Mr. Ahtirski experience extends to various other forms of payment streams as well  besides structured settlement payment rights such as casino and lottery payouts, and entertainment industry residuals. Results 24 hours a day, 7 days a week, 365 days a year Contact a Structured Settlement Attorney who can accurately evaluate your structured settlement and provide Independent Professional Advice You need not settle for small payments over a lengthy period of time. Get the maximum present value for your full recovery by calling the Law Offices of Eugene Ahtirski at 800.200.4384 or contacting the firm online.
Law Offices of Eugene Ahtirski are located in Van Nuys and serve clients in California with Assciates across the United States.

The post Recovering Lost Settlement Paperwork<span class="entry-meta">Originally Posted on May 27, 2015, last updated on March 22, 2016 and reposted on February 22, 2019</span> appeared first on Structured Settlement Expert.

San Bernardino County Structured Settlement TransfersOriginally Posted on January 16, 2015 and reposted on February 22, 2019

San Bernardino County:  6 Structured Settlement Transfers Granted in Superior Court June 2014

 6 Out of 6 Granted

For the month of June 2014 San Bernardino County Superior Court will hear 11,848 civil cases.  6 of those cases were petitions for approval of “transfers of structured settlement payment rights”, and they were granted on an average of 45-60 days; one was 90 days.

The 7th Case is Still Pending

Why?  The person is in surgery and could not make the hearing date.  Their independent professional adviser showed up in court on their behalf, and the person in surgery called the court by phone, and the judge issued a “continuance”.  The hearing was continued.  The petition is not denied.

6 Cases Had One Element in Common:

After the judge had personally interviewed each person trying to sell their payments, the judge found they understood what they were getting into.  In the exact words of the court:  “The court finds he/she is making an informed decision and understands the terms and consequences of entering this contract.”  There are multiple reasons for a successful transfer in court; this is a big one.

Advisers for You, the Consumer

Transfer companies offer comprehensive education on what you are getting into, but they might not offer a competitive price for your payments; it is not in their best interest.  An adviser, an independent professional adviser, can help you make an informed decision, and help you get the best penny on your dollar, which equals out to be thousands of dollars MORE, for you.  You get one shot.  Make it a good one.

Originally posted 2015-01-16 21:23:48. Republished by Blog Post Promoter

The post San Bernardino County Structured Settlement Transfers<span class="entry-meta">Originally Posted on January 16, 2015 and reposted on February 22, 2019</span> appeared first on Structured Settlement Expert.