Sell Annuity Payments Following the Crazed Holidays, Part II
- This was posted on December 29, 2009
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.
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