How can I get RSL Funding help in getting CASH QUICKLY, even if the court has denied my structured settlement transfer? What is a structured settlement?
In 1982, a bipartisan coalition of legislators in Congress came together to pass legislation that amended the federal tax code. Their action, The Periodic Payment Settlement Act of 1982 (Public Law 97-473), formally recognized and encouraged the use of structured settlements in physical injury cases by designating payments from a structured settlement as tax-free. Structured settlements are a method of compensating injury victims and are completely voluntary agreements between the injury victim and the defendant. Under a structured settlement, an injury victim does not receive compensation for injuries in one lump sum, but rather in a stream of tax-free payments designed to meet future medical expenses and basic living needs.
