Davidson County, Tennessee Structured Settlement Laws

Court procedures, filing requirements, and local rules for structured settlement transfers in Davidson County Chancery Court.

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Table of Contents

Court Information

Davidson County Chancery Court
Address: 1 Public Square, Nashville, TN 37201
Phone: (615) 862-5710
Clerk: Russell Perkins
Hours: Monday-Friday 8AM - 5PM; 8AM - 4 PM on the first and third Wednesdays of each month
Jurisdiction: Davidson County
Established: Established 1783
Filing Fee: $267.50 (civil case filing)
Processing Time: 20-45 days from filing to final hearing
Transfer Volume: high

Filing Procedures

๐Ÿ“‹ Step-by-Step Process
1.Petition filed electronically with Davidson County Clerk of Courts
2.Clerk reviews for completeness and assigns to Chancery Division judge
3.Notice sent to all parties via certified mail and publication
4.30-day response period for interested parties (annuity companies)
5.Financial discovery and document exchange period (2-3 weeks)
6.Mandatory settlement conference for transfers over $25,000
7.Final hearing with testimony from payee and independent advisor
8.Court issues detailed written findings of fact and conclusions of law
9.30-day appeal period from entry of final judgment
โš–๏ธ Local Rules
  • โ€ขElectronic filing mandatory through Davidson County e-filing system
  • โ€ขOriginal petition must be filed with clerk in Nashville
  • โ€ขMandatory court approval for all structured settlement transfers
  • โ€ขCourt requires detailed analysis of discount rate and present value
  • โ€ขPublication notice required in Tennessean if personal service fails
  • โ€ขEmergency hearings available for urgent medical situations
  • โ€ขCourt-appointed financial expert review for transfers over $50,000

Special Requirements

๐Ÿ“‹ Mandatory Requirements
  • โ€ขAll petitions must comply with Tennessee Code Annotated ยง47-3-101 et seq.
  • โ€ขComprehensive financial disclosure affidavit required from payee
  • โ€ขIndependent professional financial advisor report mandatory
  • โ€ขCourt must find transfer is in payee's best interest with written findings
  • โ€ขAll interested parties must receive notice via certified mail
  • โ€ขDetailed explanation of transfer benefits and alternatives required
  • โ€ขCourt considers payee's dependents and financial needs

Assigned Judges

Hon. I'Ashea L. Myles
Chancery Court Judge ยท Chancery Division - Davidson County
Hon. William E. Young
Chancery Court Judge ยท Chancery Division - Financial Cases
Hon. Anne C. Martin
Chancery Court Judge ยท Chancery Division - General Jurisdiction

Local Resources & Links

Davidson County Quick Facts

Population709,846
Median Income$75,664
Median Age34.6
Housing Units345,026
Bachelor's Degree29.3%
Poverty Rate13.5%

Source: U.S. Census Bureau, American Community Survey, 2023 (ACS 5-Year)

Venue Overview

Davidson County Chancery Court serves Nashville and is Tennessee's most populous county court. Processing a Large volume of structured settlement transfer cases.

With over 708,000 residents, Davidson County handles thousands of civil cases annually. Including Detailed Money transactions requiring court approval under Tennessee Code Annotated Title.

47, Chapter 3, Part 1. The court operates Focused divisions, with the Chancery Division handling most structured settlement.

Petitions in downtown Nashville.

The Chancery Court judges in Davidson County are highly experienced in Money matters common in major. City areas.

Nashville's status as a major corporate and entertainment center with Fortune 500 companies. Music industry firms, and healthcare corporations means the court sees structured settlement cases from.

High-income professionals and corporate executives. The court maintains strict Following rules with Tennessee's structured settlement protection laws while.

Understanding the unique Money planning needs of affluent clients.

Filing Steps reflect the court's high standards and Know-how with Detailed transactions. All petitions must comply with Tennessee's Complete requirements. Including detailed Money disclosures and independent advisor Proof. The court Usually schedules hearings within 20-35 days, reflecting the efficiency of the urban Area.

Money experts are Often appointed to review Detailed Math and investment Options. Local rules emphasize thorough Papers and Seller protection.

Requiring electronic filing and Complete Money Review. The court serves Nashville and surrounding communities including Brentwood, Franklin, Hendersonville.

And Mount Juliet, each with distinct economic Traits affecting structured settlement decisions.

The Chancery Court's Know-how with corporate, entertainment. And Expert cases provides valuable context for evaluating transfer requests.

Judges understand the impact of executive Payment, entertainment industry contracts. Retirement planning, and investment portfolio management on payees' Money Safety.

The court serves a population with Varied Expert backgrounds. Requiring judges with corresponding Skill in various Payment arrangements and Money planning needs.

The Davidson County Chancery Court processes hundreds of structured settlement transfers annually. Making it one of Tennessee's busiest courts for these Focused Money transactions.

Judges in the Chancery Division Keep Focused knowledge of structured settlement law. And regularly handle cases involving Detailed Money instruments and investment strategies.

The court's downtown Nashville location provides convenient access for attorneys. And Money advisors throughout the City area.

The court maintains relationships with certified Money advisors. And investment professionals who regularly appear in structured settlement proceedings. This network ensures thorough review of proposed transfers. And Right consideration of alternative Money strategies.

Major Cities Served:

Nashville, Brentwood, Franklin, Hendersonville, Mount Juliet

โ† Back to Tennessee State Lawsโ† Back to All States

โš–๏ธ Legal Disclaimer - Tennessee Structured Settlement Information

For informational purposes only. This information is provided for educational purposes and should not be construed as legal advice. Structured settlement laws vary by state and are subject to change.

Court approval required. All structured settlement transfers require court approval in every state to ensure the best interests of the payee and any dependents are protected.

Professional consultation recommended. We strongly recommend consulting with qualified legal and financial professionals before making any decisions regarding structured settlement transfers.

State-specific requirements. Each state has unique statutes, court procedures, and approval criteria. Always verify current requirements with official state resources.

Tennessee specific information. The information provided here is specific to Tennessee state laws and may not apply to other jurisdictions.

Contact information: For questions about structured settlements in your state, please contact your state insurance department or a qualified attorney.

Last updated:
Content last updated: April 19, 2026

Structured Settlement Transfer Procedures in Davidson County, Tennessee

Real-life examples from Davidson County, Tennessee show how structured settlement transfers are used in everyday situations. One common scenario involves a payee who is several months behind on their mortgage or facing mounting medical bills.

In these cases, the Davidson County court carefully reviews whether selling payments will genuinely stabilize the household and prevent longer-term harm.

Another frequent Davidson County example is a partial transfer used to pay off high-interest debt while keeping some future payments in place. Judges in Davidson County generally respond positively when a petition shows the lump sum will eliminate expensive obligations.

The key is providing a clear plan that explains exactly how the funds will be used and how it improves the payee's long-term position.

Some Davidson County sell my structured settlement holders use transfers to move into safer or more suitable housing, especially when current living conditions no longer meet their needs.

In those petitions, the Davidson County court expects to see documentation of new housing costs, moving expenses, and how the settlement funds will bridge the gap. When the plan is well-documented, judges view the transfer as a responsible step.

In Davidson County, Tennessee, many structured settlement payment streams are backed by major insurers such as Pacific Life & Annuity Company (NY) and Independent Life Insurance Company.

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