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An Orange County, New York man who squandered about 60% of the $1 million net settlement he received in April 2006, was denied a petition to sell 54.5% of his monthly structured settlement payment rights by a New York Judge. In denying the request, under New York's Structured Settlement Protection Act, Hon. William J. Giacomo made note of: Knight's inability to "demonstrate acuity for financial management." Despite the sizable net settlement sum he received "up front" he still ..other part.

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My son was seriously injured as a child, and lost his ability to walk. We were able to win our lawsuit against the people responsible. I'm grateful that they have structured settlements for minors. We would have never been able to pay for all his medical expenses alone. My son is in physical therapy a few times a week, and using a wheelchair to get around. The monthly payments from his settlement help to pay for all it. Also, there is an amount of money put aside in an annuity that he ..[more].

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July 31st, 2008 While structured settlements are always meant for securing youre a stable income in long term, you do not need to limit yourself with the periodic payment. You can, instead of getting a periodic payment, sell you're entire or part of your future structured settlement payments. In exchange of the future periodic annuity, you will get [...] Last ..».

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