Minnesota lawmakers moving forward with bill to end settlement abuses

Photo by: Minnesota House of Representatives
Photo by: Minnesota House of Representatives

(St. Paul, MN) -- Minnesota lawmakers are considering a bill that would regulate the selling of structured settlements.

The bill would require the appointment of an outside attorney to advise judges on whether to approve the move for anyone who appears to suffer from mental or cognitive impairments. The bill passed out of the Senate civil law committee Thursday.

A similar bill offering consumer protections advanced in the House this week.