A Buyer of Structured Settlement Annuity Worked Hard for Us, Part I
- This was posted on July 2, 2009
It’s difficult to find trustworthy advice – no matter what industry in which you seek it. But when it comes to finances – especially our own – the need to find such expert guidance is what is most especially needed. This is the expert that we sought when we began looking for a buyer of structured settlement annuity; someone who could professionally guide us through the process of selling annuity payments for cash.
Our structured settlement annuity had been a mainstay in our home – and a part of our finances for quite some years. We were given money in a personal injury case after I was hurt in an accident and couldn’t work for some time. The amount of money that was given to us was actually put into an annuity so instead of getting it all at once we get payments that come every month. In the early years of the structured settlement that money was our lifeline especially as I wasn’t working; we counted on it to pay our bills and fund our everyday household expenses. As the years passed, and I went back to work, we counted on it less as a lifeline and looked at it more as an extra line of income that helped to provide us with a financial cushion.
Now, facing the approach of our oldest child’s first year of college we began to consider our structured settlement as a potential method for financing the hefty tuition. This was when we really looked into our ability to sell annuity payments to come up with the tuition that we needed. As it turned out this was a possible way of generating the money that we needed and the success of the transaction, as we learned through our research, very much hinged on finding a reputable buyer of structured settlement annuity. More in the next post…
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