This year (I am bound and determined) is going to be a good year for us. Sure, our finances have been a mess, I got and lost two jobs back to back, and the future ownership of our home was certainly under question, but we worked through it as a family and we’re still keeping our heads above water somehow, some way. This coming year I’m looking forward to changing our finances significantly by making the choice to sell annuity payments; something that can change the direction in which we are currently headed.

Annuity payments come to us every month from a structured settlement that we have - money that was put into an annuity after we were awarded it in a personal injury case. Structured settlements are the alternative to a full cash payout of a settlement; instead the money is distributed in equal installments on a scheduled basis. The payments we have been receiving are great and definitely needed but I found that we could do something bigger and better with combined payments - and the only way to do that is to sell annuity payments.

When you sell annuity payments you trade a certain number of future payments for a cash payment today. Facilitating this transaction is a buyer of structured settlement annuity payments; the professional who I will be looking for in the year to come. A buyer of structured settlement annuity helps sellers determine the number of payments they need to sell to come up with the amount of money that they want. The buyer then purchases future payments - giving the seller the cash today in exchange for the right to receive those payments when they come due in the future.

I am currently researching my options when it comes to a buyer of structured settlement annuity; I am fast on my way to helping my family find financial health in the New Year.

Popularity: 33% [?]

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In the last post I talked about my overindulgence during this holiday season - a season during which I completely overspent in my desire to have the perfect Christmas. I figured I would deal with the circumstances later and to be honest I had already made the decision to sell annuity payments and I knew that there would be money coming my way and finally a financial reprieve amidst all of the stress that I had been feeling for so many months. I had lost my job and was still in the job market looking for something - anything - that would allow me to get back in the game. The bills were simply compounding and it had gotten to the point where I knew that I had to sell annuity payments from the structured settlement that I had gotten many years back.

The structured settlement was an annuity that contained money I was awarded in a personal injury case. I got the money through payments every month and I was happy to have them but I was absolutely in the dark about the options that were available to me in terms of selling payments in exchange for a lump sum of money. I had done a ton of research to determine the best way to proceed in getting my finances together; the choice to sell annuity payments made the most sense and so I decided to work with a buyer of structured settlement annuity.

The buyer of structured settlement annuity payments that I worked with was honest, reputable, and crucial in helping me travel the appropriate path with education and confidence. These professionals laid down all of my options and I was able to determine the number of payments that I needed to sell to come up with what I needed to pay everything off and come out ahead in the year to come.

Popularity: 28% [?]

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I am not the first one to say that I overspent this holiday season but I couldn’t help it. The truth is that we - like so many families around the country - had a tough year. The loss of my job (and thankfully it was only mine) put a huge dent in our income and with so many bills to pay, including college tuition, it was a big stretch to cover all our expenses. And that was before the holidays. Enter the Christmas season when gifts must be purchased and entertaining is underway. Can you cut down and go with a minimal holiday? Sure. But I didn’t want to because I so wanted my family to have an extraordinary holiday. The other part of my ability to let go and just relax for these few weeks is because I have already made the decision to sell annuity payments so I know that there is money on the way.

I have had a structured settlement in my life for years - as a result of a personal injury case in which I was awarded money. The money was not mine to have in total, however. Instead it was put in an annuity and the payments were sent to me every month. This is not to say that I wasn’t happy to have them; they have, for all intents and purposes, saved us in our time of need. But it quickly became clear that we had to do something “bigger” to take care of the debt and to make those tuition payments. I don’t ever want to struggle under this kind of debt again. I kept thinking that if I could just have three or four payments at once I could really make some headway. What I found out is that I could do that - by choosing to sell annuity payments. More to come…

Popularity: 22% [?]

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There are so many of us who are struggling financially right now - the repercussions of a troubled economy that has seen many lost jobs as a result. My neighbor had been living large, so to speak, for many, many years as so many of us had. She and her husband bought anything they wanted, traveled wherever they wanted, and made whatever home improvements they deemed necessary. They did a lot on credit but they thought that was okay because they both had full time jobs with good salaries and the income was always there to pay the bills - or at least to partially pay the bills. The house they lived in was even a product of the times. They bought it at the top of the market and could really only afford the payments because they got an interest-only loan.

Now all of those bills were coming due hard and fast. When the economy crashed they both lost their jobs. She was still looking for another position a year later and he had found something but it was at far less than his original salary. To make matters worse they couldn’t keep up with their massive credit card payments or their pricey mortgage. They had to think fast. So they decided to sell annuity payments and bide some more time.

The payments were a result of a structured settlement they received many years ago. A structured settlement is a financial arrangement in which the court rewards money for personal injury and puts that money into an annuity so that it can be paid out in equal, scheduled installments. When you sell annuity payments you get the money for several of those payments at once instead of having to wait for them. My neighbors would have to sacrifice some of their future payments but it was worth it because they so needed the money now.

Once they made the choice to sell annuity payments they had the money in hand to pay down their debt, make their mortgage payments, and save their home.

Popularity: 22% [?]

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Like most people who were given structured settlements, I was unsure of my rights regarding the payments. As I said in the last post, I was a struggling single mother - in way over her head with bills, college tuition for myself, and the care of my young child. I was in absolutely no position to make even one bad financial decision. I watched every dime with caution; I was living paycheck to paycheck and that check didn’t stretch far enough. The payments I received from my structured settlement were really the only thing keeping me afloat at this point but they didn’t do enough to keep me completely above water. I would benefit most from being able to combine a number of payments into one and that’s how I decided to sell annuity payments.

By just taking the time to research the benefits of selling annuity payments, I was able to see right off the bat that this was the best decision for me. I worked with a buyer of structured settlement annuity payments who helped me go over the numbers and determine what would be in my best interest in terms of a sale. We figured out the number of future payments with which I could part in exchange for a lump sum of cash today that would allow me to get out from behind. This was sink or swim time and I decided to go for a swim by making my money work more efficiently for me.

I am absolutely convinced that the choice to sell annuity payments is the very best one I could make; with this money in hand I can better take care of my child, pay off my school tuition so that I can better my life, and pay off the debt that buries me month to month.

Popularity: 30% [?]

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Anyone will tell you that now is not the time to be making any rash financial decisions; there’s too much on the line and too much uncertainty in terms of the economy. When you decide to do something that can have great impact on you and your family, it is important to take your time deciding the best course of action and most definitely seek out those professionals that can help you to go about everything the right way. Here’s the situation that I was in - I was a single mother with a young child who was living off a ridiculously low salary, trying to pay for our apartment, our car, all our living expenses, and put myself through school - all with no child support. I don’t know what I would have done without the structured settlement that came to me every month. I got the structured settlement because of an accident that I was in; they awarded money in an out of court settlement and from there the money was put into an annuity and then I got an equal payment from that annuity every four weeks.

I could not possibly be more grateful for the structured settlement payments that I received but I was now in a position where I needed more money than I was getting through the payments. This is the situation that people find themselves in when they choose to sell annuity payments; they could really use the ability to receive several payments at once. A buyer of structured settlement annuity helps on this front. A buyer of structured settlement annuity is a purchasing company that trades future payments for cash today. I worked with a buyer to determine the number of payments that I wanted to sell so I could come up with the total amount of money that I needed. More in the next post…

Popularity: 26% [?]

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There are a variety of professionals to which we turn when we need advice of any kind; when we are out of our comfort zone we need to be able to call upon those who know best to lead the way. When it came to making the decision to sell annuity payments - and then proceeding from there - I relied heavily on the advice and guidance of a buyer of structured settlement annuity.

When you sell annuity payments you are essentially trading future payments for cash upfront. Like most people who find themselves in this situation I had what is known as a structured settlement; money that had been given to me as a part of a court settlement but that was being held in an annuity by a third party. The money was sent to me in installments which I received the same time every month. Those payments were most definitely a life line for me and my family and helped to make ends meet on a monthly basis. However, when I found myself struggling with significant debt I knew that I needed a lump sum of money to be able to meet all of my obligations and I turned to a buyer of structured settlement to help me take the steps necessary to get everything in line.

The buyer of structured settlement annuity payments that I worked with helped me determine how many future payments I needed to make in order to come up with the amount I needed to pay off my debt. They didn’t push me to sell my entire structured settlement - just the payments that I needed to make the money that was important for what I was trying to do. I felt comfortable, well advised, and able to move on knowing that I had made the best decision for myself and my family.

Popularity: 24% [?]

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In the last post I talked about the place that I had come to in my life - a place in which I was considering declaring bankruptcy. I really didn’t know what other choice that I had. I was completely over my head in debt. I had never been good with handling my finances but now that I had lost my job I was in real trouble. There were few employment prospects on the horizon and I had to think quickly if I was going to be able to keep my head above water. That’s how the decision to sell annuity payments came into play.

It was my attorney that actually suggested the option to sell annuity payments. I had gone to him for advice about declaring bankruptcy and he had suggested that I look into selling some of my annuity payments from my structured settlement - a financial arrangement that had been put into place for me following a personal injury case in which I was awarded money. While I had been awarded a lump sum of money I was given that money in monthly payments. I was accustomed to receiving them; they had always been helpful and truth be told they were now the only thing keeping me afloat in my time of need. They would not, however, completely cover all of my expenses. I needed another solution.

On my attorney’s advice I met with a buyer of structured settlement annuity payments who told me how the sale process would work. I would determine the number of payments that I wanted to sell to come up with the cash I needed to payoff my debt; the buyer, in turn, would pay me the cash value of the payment today in exchange for the right to receive that payment when it came due in the future. This was, hands down, the best way that I could think of to save myself from bankruptcy and start with a clean slate.

Popularity: 21% [?]

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Finances are something that are obviously very personal for people and everyone handles their money differently. For me, money has always been a difficult subject; something that has been hard for me to deal with in a straightforward manner. I fight the urge to stick my head in the sand and deal with it all “later.” When I chose to sell annuity payments, however, I had to deal with my finances in the most direct manner that I ever have; it was time to get my financial ducks in a row.

The annuity payments came from a structured settlement that had been put in place for me following a personal injury case in which I was involved. I was awarded money as a result of that case and the money was put into an annuity from which I received payments every month. I had ceased to give much thought to these payments after a few years other than to consider them a much-needed addition to our household income. I didn’t realize that I had other options when it came to working with my structured settlements. My attorney had actually brought up the possibility to sell annuity payments when I consulted him about a possible bankruptcy. I had lost my job and lost control of my finances. I was drowning in debt, barely keeping up with monthly payments, and was completely awash in stress. Bankruptcy seemed my only choice.

My attorney, however, suggested that I meet with a buyer of structured settlement annuity; someone who could help me get my money back under control. If I chose to sell annuity payments I could have the money I needed to get tough with my finances once and for all. I had some decisions to make and I needed to make them quickly. More in the next post about my choice to sell annuity payments…

Popularity: 20% [?]

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This current economic downturn has more than a few people struggling to make ends meet. With corporate downsizing now a cliché term and rising prices at the grocery store and elsewhere strangling personal budgets some holders of structured annuities find themselves wondering if now is the time to sell to better position themselves.

Making the decision to sell annuity payments in any economic climate is a big choice. It demands careful attention to the pros, cons and actual financial benefits. While a steady stream of income is a nice benefit from an annuity, sometimes paying off debts with a lump sum payment does make more sense.

Before deciding if the time to sell annuity payments is now, consider taking these steps:

Reviewing personal finances – Take a look at all income and outgoing debts. If selling an annuity would reduce debts to enable better living within other sources of income besides the annuity income, taking this step makes sense.

Find a reputable buyer of structured annuity payments – Ideally, you want a buyer that understands the process inside out and backwards. The rules of the road for selling payments can vary by state. Experience and integrity in a buyer are musts for sellers.

Get a solid estimate before proceeding – Before signing papers or moving forward with the decision to sell annuity payments, get a true estimate from a buyer. The reality is downturns in the economy can impact the offers made and the value of an annuity. Know exactly the numbers you are dealing with before proceeding and also consider looking at partial payouts to retain a reduced, but steady, income stream. It is not always necessary to sell an entire settlement to realize financial goals.

Making the choice to sell annuity payments in any economic climate is a big step. Review the facts and figures with care before signing on the dotted line. A reputable buyer will be able to assist in formulating the estimates.

Popularity: 16% [?]

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