Sell My Structured Settlement in Virginia
Virginia Law for Selling a Structured Settlement
Enacted: March 23, 2001 Effective: July 01, 2001
Permits the sale or assignment of Virginia 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.