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Business's response - on 12/4/2009
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The process of selling structured settlement payments is a very complicated financial and legal transaction with multiple parties involved and it requires filing a court order, procuring a hearing date and obtaining a signed court order approving the transfer. This is all explained to the customer and is in their contractual documents. Once the court order is obtained, the process does not end. There are other requirements, some documentary in nature, that must be met before a matter can be funded to the seller. Our staff has kept the seller informed each step of the transaction and in fact, this seller has been paid her purchase price pursuant to her contractual agreement.
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