West Virginia Structured Settlement Recipient Cancellation Period
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
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West Virginia structured-settlement: limitation period is see statute; advance disclosure days is 10.
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- Limitation Period: see statute
- Advance Disclosure Days: 10
- Discount Rate Basis: applicable_federal_rate
- Best Interest Standard: true
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.
West Virginia Structured Settlement Recipient Cancellation Period
In West Virginia, a structured settlement recipient has 10 days to cancel a transfer agreement after signing it. This right is established under the West Virginia Structured Settlement Protection Act, codified at W. Va. Code § 46A-6H-1 to § 46A-6H-9. During this period, the recipient may rescind the agreement without penalty or obligation. The law sets out specific requirements for transfer agreements and provides exceptions, all detailed in the official code. The worked example below demonstrates how the 10-day cancellation period applies in practice. To estimate your own timeline or rights under this rule, use the DocketMath calculator with your specific agreement details.
Governing authority
In West Virginia, the structured settlement rule is set by W. Va. Code § 46A-6H-1 to § 46A-6H-9. The verified packet cites W. Va. Code § 46A-6H-1 to § 46A-6H-9 (https://code.wvlegislature.gov/46a-6h/).
West Virginia structured settlement: the verified value is 10 days under W. Va. Code § 46A-6H-1 to § 46A-6H-9. The verified packet cites W. Va. Code § 46A-6H-1 to § 46A-6H-9 (https://code.wvlegislature.gov/46a-6h/).
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.
Run the numbers for your matter against the verified rule for this jurisdiction.
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