State specific form for Arizona. This form is submitted by parties for the Court to use to order approval of a transfer of structured payment rights pursuant to the Arizona Structured Settlement Transfer Act, A.R.S. § 12-2901 et seq., .
Tempe, Arizona Order Approving Transfer of Structured Settlement Payment Rights is a legal process that occurs when an individual who is receiving structured settlement payments wishes to transfer those rights to a third party. This process typically requires court approval in order to protect the interests of all parties involved. In Tempe, Arizona, there are several types of orders that may be issued to approve the transfer of structured settlement payment rights. These include: 1. Final Order Approving Transfer: This is the most common type of order issued by the court when the transfer of structured settlement payment rights has been reviewed and determined to be in the best interest of the person receiving the payments. This order typically includes the specific terms of the transfer, such as the amount being transferred and the payment schedule. 2. Partial Order Approving Transfer: In some cases, the court may approve the transfer of only a portion of the structured settlement payments. This could be due to various reasons, such as the need for immediate cash or a change in financial circumstances. The partial order would outline the specific amount and terms of the transfer. 3. Contingent Order Approving Transfer: This type of order is issued when the transfer of structured settlement payment rights is contingent upon a certain event or condition. For example, if the person wishing to transfer the rights is involved in a pending lawsuit or legal dispute, the court may approve the transfer only if the outcome of that case is favorable. Keywords: Tempe, Arizona, order, approving, transfer, structured settlement, payment rights, final, partial, contingent.Tempe, Arizona Order Approving Transfer of Structured Settlement Payment Rights is a legal process that occurs when an individual who is receiving structured settlement payments wishes to transfer those rights to a third party. This process typically requires court approval in order to protect the interests of all parties involved. In Tempe, Arizona, there are several types of orders that may be issued to approve the transfer of structured settlement payment rights. These include: 1. Final Order Approving Transfer: This is the most common type of order issued by the court when the transfer of structured settlement payment rights has been reviewed and determined to be in the best interest of the person receiving the payments. This order typically includes the specific terms of the transfer, such as the amount being transferred and the payment schedule. 2. Partial Order Approving Transfer: In some cases, the court may approve the transfer of only a portion of the structured settlement payments. This could be due to various reasons, such as the need for immediate cash or a change in financial circumstances. The partial order would outline the specific amount and terms of the transfer. 3. Contingent Order Approving Transfer: This type of order is issued when the transfer of structured settlement payment rights is contingent upon a certain event or condition. For example, if the person wishing to transfer the rights is involved in a pending lawsuit or legal dispute, the court may approve the transfer only if the outcome of that case is favorable. Keywords: Tempe, Arizona, order, approving, transfer, structured settlement, payment rights, final, partial, contingent.