Structured Settlement-Stage 3 (Complex- Secured Creditor

)
“We have the Answers”
S3 Schematic Secured Creditor

Primary (Creation) & Secondary (Transfer) Markets – Accountability & Compliance
Key Interested Parties Primary Market Secondary Market
PPR = Periodic Payment Rights PPO = Periodic Payment Obligation QSF = Qualified Settlement Fund QAR = Qualified Assignment & Release NQAR = Non-Qualified Assignment & Release
reportin g+ complia nce

$ $ $

Claimant/Payee
Receives ‘PPR’ Magist rate

Secured Creditor
Promi se Work Comp Settleme to Pay nt Redemption $ & Order Release ‘PPR’

Defendant/Insurer

approve MSA , reports from parties, coordinate benefits Alternative Payees compliance

CMS-Medicare

benefit s reporting approv e MSA us us e Analys e

Payment s

Create ‘PPO’ Self-fund or Transfer ‘PPO’ or Transfer Stlmt Amt to Or QSF 468B - Transfer Court Funding Order

(Purpose Driven Entities) MSA Arrangement $ $ $

is

-

MSA Payments Trust Payments Trust Payments

complian ce Court approved Transfer Notice Notice

468B Fund -‘QSF ’ $ Create/Transfer ‘PPO’ Court

take Release from ClaimantStl- Qualified Post

Or

reporting & coordinate Settlement benefits

Preservation Trust Special Needs Trust NonProfit State/Medicai d Residual to Claimant Estate
Or

$
Payment Transfer – per Qualified Order
Notice

Or
Corpus at Death

Or

Annuity Owners hip
Notice

assumes ‘PPO’

Funding Company / Transferee Structured Settlement Assignee

Order transferring PPR

$ $ $
Annuity Pledged to Secured Creditor
*Re-direction of PPR to trusts, estates, or financial service accts, may be subject to contractual and/or statutory limitations
1

Premiu $ m

Annuity Issuer

Or

Or

Re-directable* Irrevocable

Annuity Payments
(with direction of payment)

S3 Business Model

05/12/2011

Copyright © 2011 The Settlement Services Group. All Rights Reserved.