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.

Massachusetts 10-Day Right to Revoke Structured Settlement Transfer

In Massachusetts, a structured settlement recipient has 10 days to revoke a transfer agreement after receiving the required disclosure statement. This right is established under Mass. Gen. Laws ch. 231C, §§ 1-7, which governs the transfer of structured settlement payment rights. The 10-day revocation period begins once the transferee provides the payee with a completed disclosure form detailing the terms of the proposed transfer. The statute sets out the required contents of that disclosure and provides exceptions to the transfer approval process. The worked example below illustrates how the 10-day calculation applies in a typical scenario. To determine how the law applies to a specific situation, use the DocketMath calculator with the official source for exact statutory details.

Governing authority

In Massachusetts, the structured settlement rule is set by Mass. Gen. Laws ch. 231C, §§ 1-7. The verified packet cites Mass. Gen. Laws ch. 231C, §§ 1-7 (https://malegislature.gov/Laws/GeneralLaws/PartIII/TitleII/Chapter231C).

Massachusetts structured settlement: the verified value is 10 days under Mass. Gen. Laws ch. 231C, §§ 1-7. The verified packet cites Mass. Gen. Laws ch. 231C, §§ 1-7 (https://malegislature.gov/Laws/GeneralLaws/PartIII/TitleII/Chapter231C).

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.