Stone Street Capital is one of many firms that specialize in the purchasing of structured settlements. They frequently advertise on late night television when ad spots are cheaper and financially troubled people are still awake due to stress.
There are few protections for people who unwittingly sell their stake in structured settlements for an upfront payment. However, a Rhode Island state law passed in 2001 requires judges to determine if such transactions are in the best interests of the payee. (more…)
