Sell My Structured Settlement in Pennsylvania

Pennsylvania Law for Selling a Structured Settlement

Statute and Bill: 40 Pa. Cons. Stat. Ann. §§ 4001-4009

Enacted: February 11, 2000 Effective: April 11, 2000

Permits the sale or assignment of Pennsylvania 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.