Attorney Fee Deferral Process

The attorney fee deferral process is quite simple although it is a bit more in depth than most companies let on.

The assignment company, in our case Havelet, purchases an annuity contract which enables it to fulfill its obligations under the assignment contract.

An irrevocable instruction is given to Havelet’s bank to immediately transfer any money it receives to purchase the annuity, thereby securing all monies will be applied according to the terms of the assignment contract.

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