Personal Injury Settlement is the legal term to describe the compensation paid for physical injuries to the victim. Injuries like broken arms, broken legs, any physical disfigurement, burns and different type of scarring come under this category. Generally such injuries happen in work environments, road accidents and medical negligence. The victim can sue the responsible authorities for compensation against these types of injuries.
If injuries are minor they are mostly settled outside the court. Insurance companies can make one time down payment after negotiating with the victim. But if injuries are major and victim got some serious injuries leading to permanent disability, mental trauma or major financial loss a personal lawyer is required who can help you professionally in recovering for damages.
In most cases, the personal injuries are a result of workplace hazards or road accidents. For instance people working in production and construction industries get affected with diseases like asbestosis or lung cancer. Industrial wastes, pesticides, radiations etc can cause severe damage to workers health.
Sometimes personal injuries also arise due to medical negligence at hospitals. All these conditions in which it is difficult to assess the total damages legal court of justice is the best place for such settlements.
If settlement amount is huge, the court allows the companies to pay damages in installments. In such cases, victim receives small amounts of money every month.
But it is generally observed that injured person need immediate money to meet his medical expenses. Under such circumstances you can sell your settlement to some third party and can obtain instant cash for your personal injury settlement.
Source
Monday, December 28, 2009
Tuesday, December 15, 2009
STRATEGIC CAPITAL, STRUCTURED SETTLEMENT INDUSTRY
Strategic Capital Corporation announces the launch of its new informational website for structured settlement and annuity holders. Strategic Capital Corporation is in business of helping clients exchange their future payments from sources like structured settlements, annuities, casino winnings and lottery winnings for cash.
New York, NY- November 2009 - Strategic Capital Corporation announces the launch of its new informational website for structured settlement and annuity holders. Strategic Capital Corporation is in business of helping clients exchange their future payments from sources like structured settlements, annuities, casino winnings and lottery winnings for cash.
The new modern website design offers user-friendly navigation and a content rich site which reinforces Strategic Capital as industry experts in the purchase of future payments. The website features a revamped quote request form, simple easy to follow descriptions of the services offered and one click access to the company experts for a no obligation quote or answers to any questions or concerns.
The new site also targets potential Spanish speaking customers by offering a page in Spanish and a dedicated customer service personnel. This option gives Spanish speaking customers an alternative when choosing a company to sell their structured settlement.
“My personal Strategic Team Members, did what they said they would do-and did it when they said they would do it,” Sam, Annuitant. This is just one of the handful of testimonials featured on the website that illustrates Strategic Capital’s genuine passion for helping clients get the most from their future payments.
The experts at Strategic Capital Corporation understand and respect the intricate details that go in to creating a structured settlement and as a result follow a simple straightforward process to better suit clients’ current and future needs. Whether a client needs to pay off medical bills, or further their education, our straightforward process was designed to make the process of selling your future payment fast, simple and flexible.
Structured Settlements Selling Process:
1. Understand your situation
2. Analyze your needs – and give you options
3. Complete all documents and encourage you to get independent legal advice
4. Court review and required approvals
5. Wire funds to you
Source
New York, NY- November 2009 - Strategic Capital Corporation announces the launch of its new informational website for structured settlement and annuity holders. Strategic Capital Corporation is in business of helping clients exchange their future payments from sources like structured settlements, annuities, casino winnings and lottery winnings for cash.
The new modern website design offers user-friendly navigation and a content rich site which reinforces Strategic Capital as industry experts in the purchase of future payments. The website features a revamped quote request form, simple easy to follow descriptions of the services offered and one click access to the company experts for a no obligation quote or answers to any questions or concerns.
The new site also targets potential Spanish speaking customers by offering a page in Spanish and a dedicated customer service personnel. This option gives Spanish speaking customers an alternative when choosing a company to sell their structured settlement.
“My personal Strategic Team Members, did what they said they would do-and did it when they said they would do it,” Sam, Annuitant. This is just one of the handful of testimonials featured on the website that illustrates Strategic Capital’s genuine passion for helping clients get the most from their future payments.
The experts at Strategic Capital Corporation understand and respect the intricate details that go in to creating a structured settlement and as a result follow a simple straightforward process to better suit clients’ current and future needs. Whether a client needs to pay off medical bills, or further their education, our straightforward process was designed to make the process of selling your future payment fast, simple and flexible.
Structured Settlements Selling Process:
1. Understand your situation
2. Analyze your needs – and give you options
3. Complete all documents and encourage you to get independent legal advice
4. Court review and required approvals
5. Wire funds to you
Source
Saturday, November 28, 2009
Schwarzenegger Receives Failing Grade from Consumer Rights Organization
Governor Schwarzenegger’s final verdict on a host of critical consumer protection bills this past weekend left consumer advocates disappointed. Of the 14 bills identified by the Consumer Federation of California (CFC) as most important, in only six instances did the Governor take the side of the consumer.
While acknowledging that the Governor signed several consumer protection laws, Richard Holober, Executive Director of the Consumer Federation of California stated: “We are disappointed that the Governor sided with big business interests and against consumers on the majority of bills that reached his desk. The Governor turned a deaf ear to California consumers on key food safety, automobile insurance and financial privacy proposals.”
The Governor signed three bad anti-consumer bills, vetoed five pro-consumer bills, and signed six pro-consumer bills. All bills on the list were authored by Democrats.
“Pro” Consumer Bills Vetoed by the Governor
AB 1512 (Lieu) – would have prohibited a retailer from selling baby food, infant formula, and over the counter medicine after the "use by" date on its packaging. Citing the need for the bill, CFC stated, “California consumers should have the right to purchase medications that are safe and effective and parents and children deserve assurances that their baby food is nutritional and healthy.”
SB 20 (Simitian) - would have required financial privacy security breach notices to inform potential victims of identity theft about the nature of the beach, and to include contact information for credit reporting agencies.
AB 943 (Mendoza) – would have prohibited a prospective employer from using consumer credit reports in the hiring process unless the report is related to job duties.
AB 261 (Salas) – would have clarified that California students’ privacy rights allow limited access to student records by law enforcement and election officials to further juvenile justice and voter registration.
AB 811 (John Perez) - would have prohibited check-cashers from manufacturing and selling false identification cards, or identification cards that closely resemble a state drivers’ license card.
Source
While acknowledging that the Governor signed several consumer protection laws, Richard Holober, Executive Director of the Consumer Federation of California stated: “We are disappointed that the Governor sided with big business interests and against consumers on the majority of bills that reached his desk. The Governor turned a deaf ear to California consumers on key food safety, automobile insurance and financial privacy proposals.”
The Governor signed three bad anti-consumer bills, vetoed five pro-consumer bills, and signed six pro-consumer bills. All bills on the list were authored by Democrats.
“Pro” Consumer Bills Vetoed by the Governor
AB 1512 (Lieu) – would have prohibited a retailer from selling baby food, infant formula, and over the counter medicine after the "use by" date on its packaging. Citing the need for the bill, CFC stated, “California consumers should have the right to purchase medications that are safe and effective and parents and children deserve assurances that their baby food is nutritional and healthy.”
SB 20 (Simitian) - would have required financial privacy security breach notices to inform potential victims of identity theft about the nature of the beach, and to include contact information for credit reporting agencies.
AB 943 (Mendoza) – would have prohibited a prospective employer from using consumer credit reports in the hiring process unless the report is related to job duties.
AB 261 (Salas) – would have clarified that California students’ privacy rights allow limited access to student records by law enforcement and election officials to further juvenile justice and voter registration.
AB 811 (John Perez) - would have prohibited check-cashers from manufacturing and selling false identification cards, or identification cards that closely resemble a state drivers’ license card.
Source
Sunday, November 15, 2009
Receiver Takes Over Fla. Law Firm as Investors Reveal Pitches
Markit, a global financial information services company, today announced it has agreed to acquire ClearPar from FIS. ClearPar is an automated syndicated loan operations platform used for the settlement of par and distressed loan trades in the U.S. and Europe.Markit will integrate ClearPar with parts of its WSO division, a provider of portfolio management software and services for the syndicated loan market, to create an electronic loan settlement platform for buy-side and sell-side market participants. The combination of ClearPar and Markit's loan business will help reduce counterparty and operational risk in the approximately $600 billion leveraged loan market by improving loan settlement times.
Lance Uggla, Chief Executive Officer of Markit, said in a release: "Markit has spent the past five years focused on all aspects of the loan market, from loan pricing, identifiers and indices to portfolio management software and services. Our acquisition of ClearPar enhances our loan offering and allows us to combine parts of Markit WSO, a platform that is used by the buy-side, with ClearPar, which is widely used by the sell-side. By bringing these two assets together, Markit will be able to connect the market electronically, creating significant operational efficiencies. I believe this will be well received by market participants and regulatory bodies alike."
Armins Rusis, Executive Vice President and Global Co-Head of Fixed Income at Markit, said in the release: "We are excited about the ClearPar acquisition and the positive impact it will have on the marketplace. The combination of Markit's loan processing and data platform with ClearPar's settlement system will allow us to introduce faster, more accurate settlement of loan trades. Existing and prospective investors in the syndicated loan market have been seeking a global solution for some time."
ClearPar, launched in 2001, is part of FIS's Advanced Commercial Banking Solutions (ACBS) division and provides a middle-office platform for trade settlement in the syndicated loan market. The platform supports primary assignments and secondary market trading for U.S. and European credits, including a distressed debt settlement service that launched earlier this year. Markit WSO provides data, software and services designed to make the management of syndicated bank loans and structured deals more efficient and accurate.
E.A. Kratzman, President of Katonah Debt Advisors, said in the release: "As a major investor in credit, I view the combination of Markit and ClearPar as the most positive step toward true automation of closing and settlement in the loan market in many years. Most market participants are eager to see syndicated loan processing and trade settlement achieve the levels of workflow speed and efficiency that have evolved in other financial markets."
Richard Levy, President of FIS' ACBS division, said in the release: "FIS is proud of the innovation we have brought to the commercial loan marketplace including LMA settlement and, most recently, distressed trade settlement. This transaction will allow FIS' ACBS division to sharpen its focus on its market leading Loan Servicing System and front-office suite of products in sales, syndication and loan trading."
Source
Lance Uggla, Chief Executive Officer of Markit, said in a release: "Markit has spent the past five years focused on all aspects of the loan market, from loan pricing, identifiers and indices to portfolio management software and services. Our acquisition of ClearPar enhances our loan offering and allows us to combine parts of Markit WSO, a platform that is used by the buy-side, with ClearPar, which is widely used by the sell-side. By bringing these two assets together, Markit will be able to connect the market electronically, creating significant operational efficiencies. I believe this will be well received by market participants and regulatory bodies alike."
Armins Rusis, Executive Vice President and Global Co-Head of Fixed Income at Markit, said in the release: "We are excited about the ClearPar acquisition and the positive impact it will have on the marketplace. The combination of Markit's loan processing and data platform with ClearPar's settlement system will allow us to introduce faster, more accurate settlement of loan trades. Existing and prospective investors in the syndicated loan market have been seeking a global solution for some time."
ClearPar, launched in 2001, is part of FIS's Advanced Commercial Banking Solutions (ACBS) division and provides a middle-office platform for trade settlement in the syndicated loan market. The platform supports primary assignments and secondary market trading for U.S. and European credits, including a distressed debt settlement service that launched earlier this year. Markit WSO provides data, software and services designed to make the management of syndicated bank loans and structured deals more efficient and accurate.
E.A. Kratzman, President of Katonah Debt Advisors, said in the release: "As a major investor in credit, I view the combination of Markit and ClearPar as the most positive step toward true automation of closing and settlement in the loan market in many years. Most market participants are eager to see syndicated loan processing and trade settlement achieve the levels of workflow speed and efficiency that have evolved in other financial markets."
Richard Levy, President of FIS' ACBS division, said in the release: "FIS is proud of the innovation we have brought to the commercial loan marketplace including LMA settlement and, most recently, distressed trade settlement. This transaction will allow FIS' ACBS division to sharpen its focus on its market leading Loan Servicing System and front-office suite of products in sales, syndication and loan trading."
Source
Thursday, October 15, 2009
Microsoft granted stay of Word injunction
Microsoft has been granted a stay of a landmark injunction in a patent infringement case that would have required the software giant to stop selling its popular Word in its current form by next month.
The U.S. Court of Appeals for the Federal Circuit on Thursday granted Microsoft's motion for a stay, pending appeal, of an injunction issued in August by a federal judge that bars sales of Word that include a custom XML code found to infringe on patents held by i4i--the plaintiff.
"We are happy with the result and look forward to presenting our arguments on the main issues on September 23," Microsoft spokesman Kevin Kutz said in a statement.
In response to the court's decision, i4i expressed confidence in its position and accused Microsoft of employing "scare tactics."
"Microsoft's scare tactics about the consequences of the injunction cannot shield it from the imminent review of the case by the Federal Circuit Court of Appeal on the September 23 appeal," i4i Chairman Loudon Owen said in a statement. "i4i is confident that the final judgment in favor of i4i, which included a finding of willful patent infringement by Microsoft and an injunction against Microsoft Word, was the correct decision and that i4i will prevail on the appeal."
Toronto-based i4i sued Microsoft in March 2007 alleging that the Redmond,Wash.-based software giant violated its 1998 patent (No. 5,787,449) for a document system that eliminated the need for manually embedded formatting codes. In May, a jury ordered Microsoft to pay $200 million for infringing on a patent held by i4i.
In filing its formal appeal last week, Microsoft made a number of arguments for overturning the infringement finding, saying that the judge made several procedural errors and failed to live up to his role as "gatekeeper."
In addition to pursuing its appeal, Microsoft has other options, including creating a technical workaround, removing the XML function, or reaching a settlement with I4i.
Source
The U.S. Court of Appeals for the Federal Circuit on Thursday granted Microsoft's motion for a stay, pending appeal, of an injunction issued in August by a federal judge that bars sales of Word that include a custom XML code found to infringe on patents held by i4i--the plaintiff.
"We are happy with the result and look forward to presenting our arguments on the main issues on September 23," Microsoft spokesman Kevin Kutz said in a statement.
In response to the court's decision, i4i expressed confidence in its position and accused Microsoft of employing "scare tactics."
"Microsoft's scare tactics about the consequences of the injunction cannot shield it from the imminent review of the case by the Federal Circuit Court of Appeal on the September 23 appeal," i4i Chairman Loudon Owen said in a statement. "i4i is confident that the final judgment in favor of i4i, which included a finding of willful patent infringement by Microsoft and an injunction against Microsoft Word, was the correct decision and that i4i will prevail on the appeal."
Toronto-based i4i sued Microsoft in March 2007 alleging that the Redmond,Wash.-based software giant violated its 1998 patent (No. 5,787,449) for a document system that eliminated the need for manually embedded formatting codes. In May, a jury ordered Microsoft to pay $200 million for infringing on a patent held by i4i.
In filing its formal appeal last week, Microsoft made a number of arguments for overturning the infringement finding, saying that the judge made several procedural errors and failed to live up to his role as "gatekeeper."
In addition to pursuing its appeal, Microsoft has other options, including creating a technical workaround, removing the XML function, or reaching a settlement with I4i.
Source
Monday, September 28, 2009
Settlement consultant selling 4BD in West Rogers Park
John R. Karter has listed for sale a four-bedroom, three-bath condo at 6014 N. Wolcott Ave. in West Rogers Park for $479,900.
The 2,450-square-foot condo is one of six units at 6014 N. Wolcott Ave, which was built in 2007. Christina Waterman of Baird & Warner Real Estate is the agent for the listing.
Karter is a certified structured settlement consultant at Superior Settlements, a Chicago-based provider of settlement products and services. He previously worked as a structured settlement broker at CNA Insurance Co.
He earned a B.S. degree in sociology from the University of Cincinnati and is a licensed life and health producer. He also holds a CSSC designation from the University of Notre Dame.
There were 363 condo sales in West Rogers Park in 2008, with a median price of $120,000.
Source
The 2,450-square-foot condo is one of six units at 6014 N. Wolcott Ave, which was built in 2007. Christina Waterman of Baird & Warner Real Estate is the agent for the listing.
Karter is a certified structured settlement consultant at Superior Settlements, a Chicago-based provider of settlement products and services. He previously worked as a structured settlement broker at CNA Insurance Co.
He earned a B.S. degree in sociology from the University of Cincinnati and is a licensed life and health producer. He also holds a CSSC designation from the University of Notre Dame.
There were 363 condo sales in West Rogers Park in 2008, with a median price of $120,000.
Source
Monday, June 8, 2009
How to Sell Structured Settlement Payments
Many people who receive monthly annuity payments under a settlement agreement do not realize they can sell all or a portion of their stream of annuity payments in exchange for a cash lump sum. Getting paid this money can be a way to help fund the current life needs of your family. Receiving the cash now rather than waiting a period of a year or more for a stream of inflexible payments structured in the future can be a big advantage to some people. Factoring is the name of the process of selling ones legal right to receiving future structured payments in exchange for a the present value of that money. This sale becomes a legal contract with the settlement company.
Companies now offer to pay for your rights to receive future annuity payments under structured agreements. The settlement companies offer annuitants the benefit of direct access to cash.
Companies now offer to pay for your rights to receive future annuity payments under structured agreements. The settlement companies offer annuitants the benefit of direct access to cash.
To receive more information please fill out the form on the right.
On January 22, 2002, President George W. Bush signed new protective legislation. This law was designed to protect any individual who has received a settlement annuity as part of a lawsuit or settlement that wishes to sell their structured payments. Under the law a court would have to authorize a transaction to sell future settlement payments. A transaction must in the best interest of the annuitant, their family, dependents or estate to be approved. If a court order and approval is not received, a federal excise tax of 40% would be paid on the total payments sold. This law is intended to help people who receive offers of cash for their annuity payments from being defrauded or taken advantage of by settlement buyers or even their own families.
You have probably seen advertisements urging you to "sell a structured settlement payment". Many beneficiaries wonder if they should sell and cash out, especially if they are in a situation where they need the money. This is a major financial decision and you would be well advised to carefully evaluate your options before making a decision. You need to determine if selling all or even a portion of your guaranteed settlement payments is in your best interest. It usually takes about two months from the date you start to complete a sale and for you to receive the cash when you sell insurance payments. For more information please fill out the form on the right.
You have probably seen advertisements urging you to "sell a structured settlement payment". Many beneficiaries wonder if they should sell and cash out, especially if they are in a situation where they need the money. This is a major financial decision and you would be well advised to carefully evaluate your options before making a decision. You need to determine if selling all or even a portion of your guaranteed settlement payments is in your best interest. It usually takes about two months from the date you start to complete a sale and for you to receive the cash when you sell insurance payments. For more information please fill out the form on the right.
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