Protect Yourself: Structured Settlement Debt Collector Guide
Facing a structured settlement debt collector can be daunting, but understanding your rights and options empowers you to navigate this complex situation effectively. This guide provides actionable steps to protect yourself and manage your debt responsibly. Understanding Structured Settlements and Debt Collectors Structured settlements are periodic payments awarded in legal settlements, often for injuries or wrongful death. Sometimes, recipients sell their future payments for immediate cash, creating a debt. Debt collectors then purchase these rights at a discount and seek full payment from the original recipient....