"It’s the Interest Rate, Stupid" – An Outside Counsel’s Perspective

We are pleased to have another article from guest author Mike Green, an attorney from Philadelphia.  Mike represents several structured settlement factoring companies in Pennsylvania and New Jersey.  The views expressed herein are solely those of the author.

It’s the Interest Rate, Stupid – An Outside Counsel’s Perspective

on Cutting Through the Morass of Financial Information

on the Disclosure Statement at a Structured Settlement Transfer Hearing

I blogged last year about my perspective on the court approval process for structured settlement transfers. With this article, I’d like to dig deeper into the financial/best interest analysis. This is an area which confuses many individuals and judges not familiar with the process.

Each state which has a structured settlement transfer statute requires that a Disclosure Statement be issued. While the required disclosures vary slightly from state to state, most Disclosure Statements must indicate some or all of the following:

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