Sell My Structured Settlement in Michigan
Michigan Law for Selling a Structured Settlement
Enacted: July 18, 2006 Effective: September 01, 2006
Permits the sale or assignment of Michigan structured settlement payment rights, subject to a court’s review and approval based on showing that the proposed transfer is in the consumer’s "best interests," taking into account the welfare of the consumer’s dependents (if any). Requires certain disclosures and other consumer protections.