The petition of Tanner 221 LLC for approval of transfer of structured settlement payment rights belonging to Yvette Delim is denied without prejudice. The Court is unable to determine whether the transfer is fair, reasonable, and in the payee's best interest. The Court is troubled that future payments, with a present value in excess of $150,000, are being sold for the amount of $9,814.30. On its face, the amount does not seem reasonable.
Hearing Date
August 12, 2021
Category
Civil - Unlimited
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The petition of Tanner 221 LLC for approval of transfer of structured settlement payment rights belonging to Yvette Delim is denied without prejudice. The Court is unable to determine whether the transfer is fair, reasonable, and in the payee's best interest. The Court is troubled that future payments, with a present value in excess of $150,000, are being sold for the amount of $9,814.30. On its face, the amount does not seem reasonable.