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Monthly Archives: August 2022

InjuryComp

How “Factoring Companies” Can Take Advantage Of Personal Injury Victims

By Moran, Sanchy & Associates |

Personal injury cases are often resolved with the plaintiff–i.e., the person harmed by the defendant’s conduct–agreeing to what is known as a structured settlement. Basically, this means the defendant purchases an annuity contract that makes periodic payments to the plaintiff. The annuity is managed by a separate company from the defendant (or their insurer)…. Read More »