Not quite. That was for structured settlements where the defendant had already agreed to the terms and started paying. The parent was talking about borrowing against a pending matter that hasn’t yet settled.
i’m sure there’s some company that would feel confident in their math and stats to pay out x million to the defendant immediately, rather than 36m, in exchange for having the rights to the claim/pending payment assigned to them?
the only real question is how much lower x million is from 36m.
I agree, I was only speaking to whether JG Wentworth is such a company. It is not.