Legal Question in Business Law in Nevada

Re: Structured settlement

You probably cannot change the settlement terms. However, there are private companies which will purchase your settlement annuity at a substantial discount. You need to go on line on your computer.

Re: Structured settlement

As stated by Mr. Smith, there are companies that will purchase your right to collect the future payments, but at a discount to allow for the time value of money (i.e., a dollar next year is worth less than a dollar today because he could invest it and make a return on the investment). Be aware, though, that most structured settlement agreements will not allow for an assignment of the right to collect, except to heirs or in other very limited circumstances. You will need to be certain you are dealing with a company that will not engage in any "shady" practices to circumvent such restrictions. You would be better off to deal locally, if that is possible, but you can learn a lot about the industry by doing the online search suggested by Mr. Smith. Just don't be too quick to jump on the first offer you receive. Good luck, and let us know if we can help!