This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Structured Settlement in Alabama

Alabama’s structured settlement protection act is codified at Ala. Code § 6-11-700 to § 6-11-714, which governs the transfer of structured settlement payment rights. Under these provisions, any transfer of future payments to a third party must receive prior court approval, ensuring the transfer is fair and in the payee’s best interest. The law sets out specific factors a court must consider before approving a transfer, and it provides exceptions for certain types of transfers. The official source at alisonbd.legislature.state.al.us contains the full statutory text, including the criteria and any applicable restrictions. A worked example below demonstrates how the calculation applies under this code. To estimate your specific result, use the DocketMath calculator.

Governing authority

In Alabama, the structured settlement rule is set by Ala. Code § 6-11-700 to § 6-11-714. The verified packet cites Ala. Code § 6-11-700 to § 6-11-714 (https://alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/coatoc.htm).

Alabama structured settlement: governed by Ala. Code § 6-11-700 to § 6-11-714. The verified packet cites Ala. Code § 6-11-700 to § 6-11-714 (https://alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/coatoc.htm).

Estimate your own result: every situation has exceptions that can change the outcome. Use the structured settlement calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.