Consent To Petition For Approval Of Transfer Of Structured Settlement Payment Rights {CC-CV-067}

CC-CV-067 - CONSENT TO PETITION FOR APPROVAL OF TRANSFER OF STRUCTURED SETTLEMENT PAYMENT RIGHTS (Md. Rule 15-1303). This form is used in Maryland Circuit Courts by individuals who wish to transfer their structured settlement payments to a third party in exchange for a lump sum. The form outlines the individual's consent to the transfer and provides detailed information about their structured settlement, their financial situation, and the advice received from an independent professional advisor. The form includes information about the individual's identity, employment, dependents, prior transfers, and how they plan to use the funds from the transfer. It ensures that the individual fully understands the terms and financial implications of the transfer, including the discounted present value of future payments and the effective annual interest rate they are agreeing to. The form must be signed by both the transferor and a witness and requires court approval for the transfer to proceed. www.FormsWorkflow.com