i have a structured settlement

[01svtboy]

better call saul!

[Stng5Pnt8]

I'll give you fiddy dolla$!

[mstng86]

has anyone seen Debo on the Fred Loya adds?


"I just got deboed"

[ceyko]

What is a structured settlement anyway?

[talisman]

What is a structured settlement anyway?

It's when they give you a settlement but pay it out in installments rather than a lump sum.

[Gear_Jammer]

I've wondered that myself.

Whatever percentage they agree to accept has to be approved by the court. Those companies really took advantage of people for a long time. Now, they have to have a prove-up hearing to explain why the court should approve the settlement. In most of the ones I can remember seeing, JG or whoever got about 25-35%. Having said that, the majority of those were cases where the party was a minor. The companies that buy those settlement are smart and have a pretty good idea of what a particular judge will approve. The last one I remember seeing was in Dallas CCL#1 (I think) and the kid was around 17 and appeared to be from a lower income family. The judge asked him what he was going to do with the money if she approved it. His response was "I've found a Corvette I want and probably spend the rest on getting my rap careeer off the ground." The judge looked at the attorneys with a grin on her face and said "DENIED!"

[Nash B.]

It's when they give you a settlement but pay it out in installments rather than a lump sum.

Ain't nobody got time fo dat. Gimme my money.

[ceyko]

It's when they give you a settlement but pay it out in installments rather than a lump sum.

Thank you

[mustang_revival]

[David]

Whatever percentage they agree to accept has to be approved by the court. Those companies really took advantage of people for a long time. Now, they have to have a prove-up hearing to explain why the court should approve the settlement. In most of the ones I can remember seeing, JG or whoever got about 25-35%. Having said that, the majority of those were cases where the party was a minor. The companies that buy those settlement are smart and have a pretty good idea of what a particular judge will approve. The last one I remember seeing was in Dallas CCL#1 (I think) and the kid was around 17 and appeared to be from a lower income family. The judge asked him what he was going to do with the money if she approved it. His response was "I've found a Corvette I want and probably spend the rest on getting my rap careeer off the ground." The judge looked at the attorneys with a grin on her face and said "DENIED!"

I know one JG Wentworth structured settlement case here in Denton County was $162k purchased at $155k, and payout to the individual was $109k.

[034V]

748-1414

Now that's old school!

[46Tbird]

My personal favorite.