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Washington Post Article Exposes Predatory Factoring Practices

By Patrick C. Farber On September 18, 2015 · 9:28 AM · Add Comment

A recent article in the Washington Post discussed the plight of children poisoned by lead paint found in abundance in the poorer neighborhoods of Baltimore. One of those children was Freddie Gray, the young man who died while in police custody. Children would absorb lead by eating paint chips or breathing paint dust in their homes, which affected their cognitive development.

Thousands [...]

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Time Magazine Article Highlights Women’s Financial Woes After Age 65

By Patrick C. Farber On August 11, 2015 · 4:52 PM · Add Comment
A recent Time magazine article (“Inside the Next Social Security Crisis,” August 3, 2015) noted that many older women are finding that their Social Security benefits are not enough to make ends meet.
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Structuring Attorney Fees for Solo and Small Firms

By Patrick C. Farber On July 29, 2015 · 2:45 PM · Add Comment
A litigation practice, where most income is derived from contingency fees, is not for the faint of heart, particularly for solo and small law firms. While the eventual payout can be substantial, a firm can experience long periods where little or no income is generated. This can doom a small firm or solo practice without adequate reserves.
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Top 10 Things to Remember When Creating a Structured Settlement

By Patrick C. Farber On July 8, 2015 · 3:07 PM · 1 Comment
Counting down, here is the top 10 list of things to remember when creating a structure.
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Structured Settlements 101

By Patrick C. Farber On June 24, 2015 · 8:58 AM · Add Comment
Structured settlements as we know them today came about in 1982 when the U.S. Congress passed The Periodic Payment Settlement Act of 1982 (Public Law 97-473). The act enables injury victims to obtain customized structured cash payments plans through insurance annuities that assure them guaranteed, tax-free income over time.
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Do’s and Don’ts of Special Needs Trusts

By Patrick C. Farber On June 4, 2015 · 2:19 PM · Add Comment
Special Needs Trusts (SNTs) are an excellent way to hold the assets of injured parties while preserving their needs-based public benefits such as MediCal (Medicaid) and SSI. Certain rules apply when using any type of SNT, whether individual or pooled.
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Wall Street Journal Article Reveals Shady Side of Factoring

By Patrick C. Farber On April 30, 2015 · 2:51 PM · Add Comment
While I don’t usually ever recommend selling structured settlement annuity payments, there may be very rare cases where there is no other choice. The factoring horror stories mention in the WSJ article took place in Virginia and Florida.
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Going Bilingual! Spanish Speaking Structured Settlement Assistance

By Patrick C. Farber On April 2, 2015 · 12:29 PM · Add Comment
In March 2014--a little over a year ago--a demographic milestone was reached in California. For the first time, Latinos made up California's largest racial/ethnic group--nudging out the white non-Hispanic population 39 percent to 38.8 percent. According to the Pew Research Center, 33 percent of Hispanics in the U.S. say they do not speak English well.
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Using Structured Settlements : With Low Interest Rates, a Fixed Payout of Damages Over Time May Make Sense

By Patrick C. Farber On March 10, 2015 · 12:50 PM · Add Comment
Structured settlements have helped injured individuals and their families obtain financial security even in the face of lifelong medical challenges. According to the National Structured Settlement Association, more than 25,000 such arrangements are drawn up every year.
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Helpful Fact Sheet On SSI Eligibility Requirements Available Online

By Patrick C. Farber On February 13, 2015 · 1:31 PM · Add Comment
Questions come up all the time about the eligibility requirements for Social Security and Medicaid benefits. The link below takes you to a Social Security Administration (SSA) webpage that lays out, in surprisingly clear terms, who is and who is not eligible.
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Washington Post Article Exposes Predatory Factoring Practices
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