Structured Settlements 4Real®Blog 2026
Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
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Category: Cordero v Transamerica
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HIndert was honored in 2012 as “a distinguished individual who has supported and defended the right to free alienability of property rights”, only months after Cordero sold payments. “NASP considers this right to be its own cornerstone and the foundation of the structured settlement factoring business”.
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In 2013 Hindert considered that a pitfall occurs if settlement documents include anti-assignment clauses, which do not specifically reference and permit transfers pursuant to IRC 5891 and state structured settlement protection statutes”.The losing cause in Cordero had just that.
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The New York Court of Appeals, certified from the 11th Federal Circuit to address the focal point of plaintiff’s allegation, whether or not there is an implied covenant in anti-assignment provisions in the settlement agreement and qualified assignment. From Cordero v Tranamerica et al. .
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Czapanskiy misses the absurdity that unlike other financial services, there is little to no regulation of structured settlement factoring companies or individuals soliciting the sale of structured settlements for pennies on the dollar or dispensing financial advice that could lead to financial devastation
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Cordero’s 30 year perioid certain has 360 monthly payments, full stop,.Period certain structured settlement annuities require no medical underwriting. Pricing of a period certain annuity is unaffected by medical information. There are no medical questions on a structured settlement annuity application.