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.
recent posts
- Daily Rates Are Often an Important Cost Driver of Structured Settlements
- 🔥Founder and Former CEO of 777 Partners, Joshua Wander, Pleads Guilty⚖️ to $500 Million Fraud Scheme — DOJ Confirms Double‑Pledging, Misappropriation of Structured‑Settlement Funds, and Falsified Bank Statements
- The Steering Problem Needs a Wake‑Up Call
- Companies Still Using the Incorrect Term “Secondary Market Annuity”
- Canonical: Non‑Qualified Assignment (NQA)
about
Category: New York SSPA
New York SSPA refers to the New York Structured Settlement Protection Act. New York’s Structured Settlement Protection Act (SSPA) is codified in the New York General Obligations Law (GOL) Article 5, Title 17, §§ 5‑1701 through 5‑1709 , a law intended to establish certain required disclosures when a structured settlement is established or ther is anb attept to transfer and Court approval before a transfer of structured settlement payment rights can be completed.
-
Sean Peter McManus, associated with Patriot Resources, has been accused of defrauding investors by making false claims about Nutra Pharma and acting as an unregistered broker. He was permanently barred by FINRA for unethical practices, including unauthorized stock transactions. Patriot Resources misrepresents structured settlement payment streams as annuities, misleading investors.
-
More stories have emerged about cash now pushers who have been first harassed and then preyed upon unsophisticated and or impaired annuitants from New York and elsewhere, to encourage them to sell their structured settlements to invest in speculative real estate in Florida or elsewhere
-
Beneficiary lawsuit against annuity issuer and guarantor, qualified assignee and structured settlement brokerage and others in NJ District Court over payments allegedly due the payees and contingent beneficiary from a structured settlement set up in 2002 to resolve a workers compensation case.
-
Assuming the NY structured settlement protection act’s procedural guidelines are met, the court has a greater obligation to assure the transfer is in the best interest of the payee, taking into account the welfare and support of the payee’s dependents and whether the transaction is reasonable
-
Structured settlement expert John Darer discusses the rights and responsibilities of plaintiffs and defendants under New York General Obligations Law §5-1702, a/k/a the New York Structured Settlement Protection Act, in this video podcast