The General Assembly on Monday passed legislation aimed at protecting vulnerable holders of structured settlements from predatory purchasers who prey on their imminent need for money by offering them just pennies on the dollar due them.Read More »
Attorney General Brian E. Frosh urged lawmakers Thursday to pass legislation protecting holders of structured settlements, who have already suffered personal injuries, from a “predatory” purchaser who preys on their imminent need for money by offering them just pennies on the dollars due to them.Read More »
The Maryland Judiciary should have adopted rules as long ago as 2001 to ensure judges protect recipients of structured financial settlements from being exploited if they choose to sell them for “cents on the dollar” due to an imminent need for money, the chair of the Judiciary’s rules committee told state legislators Thursday.Read More »
Maryland’s top court on Thursday will consider and possibly vote on a proposed rule designed to ensure judges protect recipients of structured financial settlements from being exploited if they choose to sell them to a third party due to an imminent need for money.Read More »
Stone Street Capital LLC has sued a Manhattan law firm it retained to seek court approvals for structured settlements, claiming the firm gave them 76 fake judicial orders. The Bethesda-based company, which purchases the rights to structured settlements from individuals ...
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