Article on Factoring Abuses Lead to Positive Change
Congratulations to David Weissman of the Sun News for winning the Judson Chapman Award for his groundbreaking article on the abuses of factoring companies.
?This article was crucial in bringing attention to the abuses in the state of South Carolina and the subsequent legislation that corrected these loopholes in the state’s Structured Settlement Protection Act, thanks to the efforts of the National Structured Settlement Trade Association and local legislators.?More recently, South Carolina judges went through judicial education on structured settlements and factoring in order to be cognizant of challenges and risks that payees face and the court's role in protecting them.
The media's ability to uncover and expose abuses is a critical component in effecting positive change, as evidenced by the Washington Post and Minneapolis Star Tribune articles. By shining a light on societal problems, the media can inspire public discourse and action, ultimately leading to meaningful solutions.