I don’t know about anyone else but I need a certain amount of guidance when it comes to my finances. I am relatively responsible and I’m certainly open to whatever suggestions that well-meaning people may have for me in terms of where I can get the most bang for my buck; but I don’t take advice from everyone. I need to know that you know what you’re doing financially speaking. In other words, I want professional advice and the rest of that advice out there everyone can keep to themselves. This was essentially how I approached the decision to sell annuity payments. I knew what I wanted and needed. What I didn’t know was how to achieve these things - the process by which I could make the most money and do the right thing. The professional that I turned to in this situation was a buyer of structured settlement annuity.

When you sell annuity payments, as I was doing, you are taking future payments that come from an annuity - payments that are typically the result of a structured settlement - and trading them for their current cash value.

I had a structured settlement because of a personal injury case that I had been involved in a few years back. The money awarded to me was put into an annuity and sent to me in equal installments on a monthly basis. By trading future payments for cash in hand today I could tackle my mounting debt that had been plaguing me and even put a downpayment on a home. The long and short of it was that the money in the structured settlement - at least some of the money - would do me much more good in a lump sum than it would in payments that trickled in month to month.

Things really became clear, however, when I started working with my buyer of structured settlement annuity payments; a professional that I really trusted. More in the next post…

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In the last post I talked about the fact that we had found ourselves in a position where it was possible - very possible, in fact - that we could lose our home. The economy had had a devastating effect on us - just like so many other people. My husband and I both lost our jobs within weeks of each other and we had gone a full six months without an income before he found another position. I’m still looking for a job and in the meantime I have the bills with which to keep myself occupied; the mounting, completely overwhelming bills. The structured settlement payment that we had been receiving every month for years and years was our absolute saving grace during our period of unemployment; but now that we were seriously in danger of losing our home, we were turning to our structured settlement for another reason.

We researched the option to sell annuity payments. By working with a buyer we could essentially trade the right to receive future payments for their cash value in the present day. Getting cash for structured settlements could put a lump sum of money - money that we desperately needed - in our hands for help in saving our home.

After finding a truly reputable buyer of structured settlement annuity we determined how many annuity payments we needed to sell to come up with the money we needed to catch up on our mortgage payments, as well as the rest of our bills. Once we found the right buyer, the rest was relatively easy. We felt more comfortable that we didn’t have to sell our entire structured settlement - just the number of payments that would yield the amount of money that we needed.

This money would save us - just as it had all along - but in a much more serious regard; giving us a new lease on life and a fresh financial start.

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There is so much financial turmoil in the lives of so many people that I know right now. There’s not one of my friends or family who have not been impacted in some way by the state of the economy. They are all doing what they have to do to stay afloat and that’s not easy at the moment; there just doesn’t seem to be that many options. I guess you don’t figure it out until everything is really on the line; until you have no choice but to find a way out of the maze. When we found out that there was a very strong possibility that we could lose our home, we did everything and anything to figure out a way to get us out of our financial mess. We had come by it honestly, that’s for sure. Both me and my husband lost our jobs. My husband has since found another position but I have not. It doesn’t matter; the damage has been done. With six months with no income whatsoever we had depleted all of our savings just paying for bills and everyday household expenses, not to mention health insurance. Our mortgage payments ran way behind and even though we’re starting to catch up on a lot, the house payments are still a huge stress. We had to do something so we researched the option to sell annuity payments and cash from our structured settlement.

The structured settlement had been around for some time; a product of a personal injury settlement which was paid to us in equal installments. Believe me when I tell you those payments absolutely saved us when we lost both incomes; but now that structured settlement could serve us in different - even bigger ways - by helping us to keep our home. More in the next post…

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Financially speaking, a safety net is always nice; but in most cases it’s nearly impossible to create. With so many of us living check to check these days - and not even making ends meet in that capacity - it is a challenge to say the least to be able to take much-needed money and put it away for a rainy day. We need the money now. It might as well be raining now. So how does the average family make sure that they have a safety net of cash at their disposal for emergencies; emergencies that could very well - in this day and age - include the loss of employment. There are options, however, and for those who have a structured settlement that includes the choice to sell annuity payments for a lump sum of cash - cash that can be used to tackle bills or put away for emergencies so that a family can survive whatever financial challenges come their way.

Getting cash for structured settlements is not as difficult or overwhelming as it may appear. A structured settlement is often given in a personal injury case where a claimant is awarded money. Instead of getting the money all at once, it is parceled out in payments that come from an annuity. So it may seem counterintuitive that you can simply turn that back into a lump sum of cash. The truth is, however, that if you work with a reputable purchasing company it is far simpler than you may realize to convert your annuity payments into cash you can use today or in the future.

The way it works is this…a seller (the person who receives the structured settlement payments) can decide how many of those future payments they wish to sell based on much cash they wish to raise. It is not necessary to sell the entire structured settlement; only the payments that it takes to generate the amount you want. The buyer then pays you cash today for the right to receive those payments in the future. They have ownership of those payments and you have the cash on hand to build your safety net.

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In the last post I talked about how great my structured settlement had been for me. While I had been initially disappointed to get the money I was awarded in a personal injury case in payments rather than all at once, I soon discovered that those payments really came in very handy. I was able to use this extra stream of income to cover extras, make bigger payments on bills, and much more. But now that I was facing mounting debt I had to consider if the choice to get cash for structured settlements was the best way to go. I found a reputable buyer of structured settlement annuity who could guide me in this process and at least offer me his expertise in whether or not this was the best time to sell.

What I found out was this…the annuity in which the structured settlement money was deposited is not mine but the money itself - the payments - are; they are mine to do with what I want. I could sell my structured settlement payments and get a bulk sum of money that could help me cover my expenses. The buyer told me that this was, in fact, a good time to sell; that my money should be used when there is a financial “situation” - from debt and medical expenses to college tuition; even a downpayment on a home. This was the right time to sell structured settlements and make much more use of my money than I had been doing up until now.

Working with the buyer allowed me to move through the process quickly and easily. They helped me to figure out how many payments I needed to sell to generate the money I needed. I didn’t need to sell the entire settlement and that made me feel so much better. I could just sell a certain number of payments and then begin to receive payments again after I had completed the sale to the buyer.

Popularity: 11% [?]

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For those of us that are self-employed, April is one of the most difficult months of the year. I save through out the year and plan for this day, April 15, but I didn’t plan on the emergency in February or the clients drying up in March. It seems like no matter how much I plan and save, life is unpredictable—that seems to be the only thing you can count on!
So now I need a new plan. I was listening to the radio yesterday and their tax expert recommended that if you know you owe, to go ahead and file and make arrangements for a payment plan. Yes, that adds interest when compared to paying it as a lump sum on time, as I had planned. Then, she said something that really caught my attention. If you are expecting a large amount of money soon, go ahead and make the arrangements to pay it out, then pay the balance as soon as the money comes. Which led to my “Aha” moment. I’ve been thinking about looking for a buyer of structured settlement annuity payments. This could provide the security that I need to keep going until clients are ready to come back and all “emergencies” have been resolved, with the added bonus that I clear things up with the IRS. Feeling pretty good!

Popularity: 11% [?]

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Having a structured settlement has really been a great thing for me. When I was first awarded the settlement by the courts after a personal injury case, I admit that I was more than a little disappointed that I wasn’t getting the whole settlement at once. Instead the money was deposited into an annuity and I was sent a payment every month. While I was hesitant at first, the whole arrangement actually worked out really well; I knew that money was coming in and I could budget accordingly. But several years into having the structured settlement, I faced another financial situation entirely - one that was not easily fixed by an extra line of income that I received every month. That money was great for paying a few extra bills or being able to buy some necessities but it didn’t stretch far enough to be able to do anything with too much value. I was without a job for four months and while I am happy to say that I am working again those four months really put a dent in my finances. I was two months behind in my mortgage and I had no idea how I would potentially catch up and still keep pace with all of my extra bills.

At that point I looked into the process to sell structured settlements. I only knew the basics; that I had to find a professional who could handle the transaction. But that was all I knew. So I found a professional purchasing company with a great reputation that could counsel me. I wanted to know if I was getting ahead of myself or if this was something that I should consider at this point. Was getting cash for structured settlements a good idea for me? More in the next post…

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When you need money badly you want to get it quickly; you don’t want to have mess around with a ton of red tape and the stress of not knowing whether it’s going to come through or not. Getting cash for structured settlements is one such example where the person in question - in this case, the seller - is in need of a lump sum of cash and will likely want to expedite the process. When I first approached the decision of whether or not to sell structured settlements I was very intimidated by the whole thing. The only thing I did know was that I needed money terribly. I was completely behind in my bills and now my home needed a major roof repair after all the snow of the past months. I had no way to come out of pocket with that money and I had no idea where I would get all of the money that I needed at once. The structured settlement that I had was awarded to me in a personal injury case and the money was sent to me in installments which I got every month. This was a great source of extra income, but it could do so much more for me if I could combine a number of payments together.

That is essentially the process of getting cash for structured settlements. It is up to you to figure out how much money you need and how many payments you would need to sell to come up with that money. The rest - the actual process - is much easier and more convenient than I thought it would be because I worked with a great professional who made the whole thing streamlined and painless.

The buyer of structured settlement annuity payments that I worked with was able to move things along very smoothly - showing me my options and helping me to come up with the most appropriate amount of money for my needs.

Popularity: 11% [?]

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In the last post I talked about making the decision to sell structured settlements; something that everyone who receives annuity payments will likely have to, or want to, consider at some point. For me, my turning point came when I simply realized that I could be doing a lot more with that money than accepting monthly payments. As wonderful and as helpful as they were they were not able to cover all of my monthly expenses and I had bigger fish to fry in terms of trying to pay for not one - but two college tuitions. We had made it through relatively unscathed up until that point with the help of savings and a well-timed home equity loan. But now that my wife had lost her job, we were trying to pay all our monthly bills, our higher mortgage payment, and all college expenses from one salary and it just wasn’t working. The time had come to consider getting cash for structured settlement payments and leveraging what we had in our corner in a better way.

In order to facilitate this sale and, more importantly to get enough information that would allow us to better make our decision, we turned to a buyer of structured settlement annuity. This was a reputable purchasing company that helped us determine how many future annuity payments we needed to sell to really have enough cash on hand to make the sale worth our while. They were incredibly helpful in laying out all the steps and procedures that are a part of a sale. From there we essentially traded the right to receive those future payments for their cash value today. That money has allowed us to better organize and control our finances in a time that has been otherwise very chaotic. From paying monthly bills and mortgage payments to tuition and college expenses, the structured settlement money has helped enormously.

Popularity: 17% [?]

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Making a decision, especially a big decision, when it comes to your money does not often come easy; nor should it. After all, anything that you do today can easily affect your tomorrow and so most people (rightly) tread lightly with their finances rather than making any sudden movement. I took a long time to decide whether or not to sell my annuity payments. The decision to sell structured settlements inevitably and often comes up when you receive annuity payments on a timed basis. Sure, we all appreciate the extra income but we can’t help but wonder what we could be doing with all that money. Isn’t there a better way to use it? My decision came just recently as a result of a perfect storm of financial hardship so to speak.

In my situation we currently have two children in college and the tuition payments have - up until this point - been relatively covered. We were able to do some saving over the years and we used that first. Then, we were able to take out a home equity loan to cover some of the tuition costs. Now, however, we were really struggling. Our mortgage payments are obviously higher than they were previously and we’re down to one income because my wife was let go from her job in a series of budget cuts. Between paying the existing monthly bills - mortgage included - and trying to keep up with tuition payments for two kids - as well as college-related expenses - we were running out of time to stay above water. Getting cash for structured settlement payments was not something I had given any thought to as a real alternative but after talking to some professionals I realized it was the way to go; definitely the best option for giving us some financial room and getting us caught up on obligations. More in the next post…

Popularity: 17% [?]

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