Cash for Structured Settlement Helps to Right My Wrongs, Part I
- This was posted on March 7, 2010
I had not considered cash for structured settlement payments until I was over my head in debt and facing less than stellar options. There are always things in this life that you wish you could go back and make better; things that you have done that you wish you could take back a million different ways. Unfortunately most of us never have the opportunity to do this; we are confined to dealing with the repercussions of whatever decisions we have made over the course of our life. I have made mistakes like everyone else but what I most regretted was the financial decisions that I had made over the years; the decisions that would put my family in a precarious position later down the road. I had lived far beyond my means for two long, racking up debt and credit card balances that I thought I would always be able to pay with no issue. Then I lost my job. Then I got sick and found myself in need of a medical procedure that would increase my debt even further. Now I was in trouble - with only one income coming in on a monthly basis we were unable to keep pace with our incredible debt. Then I remembered that I had options when it came to my structured settlement - I could work with a buyer of structured settlement and get cash for structured settlement payments.
The structured settlement from which payments were sent to me every month was put in place years ago; a financial arrangement made by the courts in a personal injury case. I had always looked at the settlement as extra income but now I could really use it to my advantage to help me get out of debt - leveraging future payments for cash I could use today. More in the next post.
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