You and Your Attorney
Not only is the judge required to determine that the transaction you’re requesting is the best choice for your needs today (as well as your future financial security), your lawyer is equally responsible for making sure that you have made the best decision possible in order that you may attain the most desirable outcome regarding your structured settlement sale.
If you choose not to hire your own attorney and decide to use the lawyer your buyer appoints for you, you’ll normally meet to discuss your sale a few days before your scheduled court hearing. The attorney should prepare you for your hearing, including preparing you for a question-and-answer session by the judge. The attorney should review a range of questions you are likely to get asked in court.
You’ll be required to explain why you’re selling the rights to your future payments, how you intend to spend your cash-out and how you expect to maintain a steady and satisfactory income level in the future without the certainty of future payments.
Your appointed attorney has almost certainly presented similar transfer agreements in court and knows the judges in each jurisdiction. That extra personal knowledge – how best to approach a particular judge with an understanding of his or her habits, likes and dislikes, etc. – is helpful when you discuss your case in court.
Regardless if you’re represented by your own attorney or by one appointed for you, you should listen carefully to your lawyer’s advice. After all, you do share a common goal. You both wan the transfer to go through. Your attorney wants to get the job done, and you want your money.