John Oliver examines structured settlements, the long-term payment arrangements often created for people who have received compensation after serious injury or wrongful death. The episode focuses on factoring companies that buy those future payments for lump sums, explaining how the industry can exploit vulnerable recipients, why court oversight does not always protect them, and how an arrangement intended to provide lasting financial security can be turned into a high-pressure business opportunity.
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Structured settlement buyers are worse than timeshares. These “business” models should be illegal.