- This was posted on July 5, 2009

In the last post we talked about our recent decision to sell annuity payments from our structured settlement; a settlement that had served us well over the years in terms of the payments that were sent to us every month. Now we were looking at our structured settlement not just as another monthly income stream but as a way to accrue a lump sum of money to pay for our daughter’s tuition payments as she was ready to set off to college in the fall. We did a lot of research to determine the best course of action and found that we did have the ability to sell annuity payments – sell a particular number of payments to a purchasing company that would give us their cash value in return and would then receive those payments instead of us when they came due. From all that we learned it was very important to find a reputable buyer of structured settlement annuity in order to have the best results. And we did.

We looked for a buyer of structured settlement annuity that had experience, time in the industry (not a fly by night company), a great reputation, solid financial backing, and a way of explaining the process to us so that we could understand what was to come.

The buyer of structured settlement annuity that we chose worked very hard on our behalf – explaining the process and ensuring us time and again that we did not have to sell our entire structured settlement which we did not. We only sold the number of upcoming payments that would accrue us the cash that we needed in hand for tuition. With the purchasing company’s expert guidance and having felt like we really did our research we felt like we made the best decision for our family and are happy to say we had a very positive experience.

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