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Friday
10Nov
Can you sell structured settlement payments if you are in bankruptcy?
Friday, November 10, 2006 at 01:10PM The Factoring Channel presents two important podcasts on bankruptcy issues in structured settlement factoring. In this two part series, Settlement Capital's General Counsel, Matt Bracy, and special guest Jeffery Hartley discuss with Mark Wahlstrom of the Legal Broadcast Network and The Settlement Channel issues regarding the interaction of bankruptcy law and procedure with structured settlement factoring or transfers, in particular:
- Differences between Ch. 7 and Ch. 13 bankruptcies, as they affect the ownership of structured settlement payments
- The role of the bankruptcy Trustee
- How exemptions affect the ownership of structured settlement payments
- Under what circumstances structured settlement payments can be sold during a bankruptcy
- The unique process and requirements for selling structured settlement payments while in bankruptcy
This series is crucial for bankruptcy attorneys, trustees, judges and others to understand how the bankruptcy laws impact and interrelate to federal and state structured settlement transfer laws. Click here to listen to part 1 of the two part series.
Matt Bracy is General Counsel for Settlement Capital Corporation, a structured settlement factoring company in Dallas, Texas, and is a frequent bloger and commentator on the Settlement Channel and The Factoring Channel. Jeffery Hartley is a nationally renown bankruptcy attorney from the firm Helmsing, Leach, Herlong, Newman & Rouse in Mobile, Alabama. Jeffery is the former Majority Counsel to the U.S. Senate Judiciary Committee and a Commissioner of the National Bankruptcy Review Commission.


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