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Can a claimant use a Structured Settlement annuity as security for a loan?

April 26, 2017Annuity claimant loan security structured

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Can a claimant use a Structured Settlement annuity as security for a loan?

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No. You may not give a third-party lender a security interest in the annuity. This is because you are the recipient of the annuity payment, but not the actual annuity owner.