I saw a commercial on TV yesterday about selling structured settlements. They touted the advantages of receiving a lump sum verses receiving regular payments over time. They even had a catchy jingle! It was very appealing. However, I think the most important part when considering cash for structured settlements is finding a respected business to handle the process. Working with people you know and trust is important in any financial dealing, especially these days! You want to make sure the company you work with has the expertise, reputation, and experience to treat you like you are the only client and to ensure that you are satisfied with the outcome.
A flashy commercial on cable might start the process of thinking about selling, but make sure you do your homework when you are ready to sell annuity payments. It’s your decision to make. That song sure was catchy though!

Popularity: 14% [?]

Share This

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: 10% [?]

Share This

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…

Popularity: 10% [?]

Share This

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: 16% [?]

Share This

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: 16% [?]

Share This

Take a look at the news on any night of the week and you’ll certainly see that the top stories around the country are the dire financial situations that many people find themselves in right now. So many people struggling to pay their mortgages and other monthly bills; even to put food on the table. There are also so many out there who are “upside down” in their houses - meaning that they owe more on their homes than they are currently worth. This was the situation that I also found myself in; I owed more on the home than I could get from a sale but I still had to pay the hefty mortgage every month. I had to come up with something that would allow me to get caught up again and so l looked at the option to sell structured settlements.

When you sell structured settlements you are essentially selling annuity payments. My structured settlement was awarded to me about five years ago and ever since I have collected monthly payments from an annuity that was set up for this express purpose. The payments are mine to do with what I want - including selling them for a lump sum of cash. Getting cash for structured settlements is as easy as working with a reputable buyer who can lead the way through the process with professionalism and expertise.

I worked with a buyer who had a strong reputation in the industry and could help us make heads and tails of our situation. The company helped me determine how many payments I needed to sell in order to come up with the cash that I needed to get caught up on my mortgage and other bills. In just a few short weeks I was able to close the deal and have the cash that I needed to get back on my feet. Getting cash for structured settlements was a great decision for me and my family.

Popularity: 17% [?]

Share This

In the last post I talked about the change in the economy and how it changed my picture of my future. I had planned on being retired at this time in my life - settling down to enjoy the perks of all my hard work over the years. In fact I figured that I would be traveling at this point. Instead, my investments had taken a tumble along with the rest of the stock market and I was operating with a much different budget than I had planned to have at my disposal. Now I was back at work and trying to make ends meet just like everyone else. It was a hard pill to swallow when I thought that my working days were done. I had no other choice but to rally and make the best of my situation; working with what I had available to me. It turns out, that one of the things available to me was my structured settlement. I had only looked at my structured settlement as another income flow. The money was awarded to me in a personal injury case but it wasn’t given to me all at once; instead the money was deposited into an annuity and I was sent payments on a monthly basis. This was great; don’t me wrong. It was terrific to have extra money coming in every month; but there was more that I could be doing with this money.

The choice to sell structured settlements could give me money beyond what I was getting on a monthly basis. Working with a buyer, I could trade future payments for cash today which is exactly what I am doing. I found a reputable purchasing company who I am working with and now I have the cash that I need to help me move along.

Popularity: 14% [?]

Share This

There’s not much that I haven’t experienced in this lifetime and, I’m sorry to say, that includes financial struggle. I could not have predicted that I would be struggling at this time in my life, however. In fact, I was supposed to be retired by now but the economy had other plans and I’m still working - a victim of investments that bottomed out in the stock market. Now that I am in a different financial situation that I thought I would be I have had to make some adjustments and that’s been difficult. I had a picture in my head of what my life would look like at this point and this is certainly not it; it’s been hard to shift my focus. By making plans and adjusting to reality - instead of the picture I had in my head - I’ve been able to move along slowly but surely. Part of that plan has been to get cash for structured settlement payments.

I received the structured settlement awhile ago - a result of a personal injury case that was settled in my favor. The money didn’t come all at once; it was given to me in a structured settlement so that it comes in equal payments on a scheduled basis. These payments have been great; they are a secondary income stream for me and that has been enormously helpful with paying my bills and just having extra money with which to do what I want.

I didn’t know about the option to sell structured settlements but now that things were changing, I had to consider all of my options. I was about to learn more about selling annuity payments through a buyer and subsequently getting cash for structured settlement payments. More importantly, I would learn how to work within my new situation and make the best of these current circumstances. More in the next post…

Popularity: 18% [?]

Share This

There’s not one person who is not hurting financially right now; the economy has all but crushed so many households - not to mention businesses and we’re all doing what we can to survive right now. Those who have structured settlements, however, have other options when it comes to accruing cash. In this case people have the option to sell structured settlements and get the cash that they need to stay afloat in this economy.

Getting cash for structured settlement payments is convenient and easy when you work with a reputable buyer - a purchasing company that has expertise and experience in the industry. The way in which it works is like this - the seller (the owner of the structured settlement payments that are coming to them on a scheduled basis) determines how many payments they have to sell to come up with the cash that they need. They then sell those annuity payments to a purchasing company. The buyer then becomes the rightful owner of those future payments while the seller gets the cash value of the payments today. This is cash they can do anything with - from paying down debt to using as a down payment on a home.

With so many people struggling to make ends meet right now it’s helpful to have options. Those who receive money on a monthly basis through a structured settlement have the ability to sell structured settlements and get the move on from financial struggle. Getting cash for structured settlement payments gives sellers the opportunity to get their debt under control, get back on their feet, put a savings cushion under them, and take control of their finances.

It’s most important under these circumstances to work with an appropriate buyer. Be sure to research buyers thoroughly to ensure that they have a solid reputation and a good standing in the industry.

Popularity: 17% [?]

Share This

Most of us, at one time or another, have hit a financial roadblock or two. Right now, in this present economy, the roadblocks are many for quite a lot of people. They may find that they have been laid off from their place of employment, are facing mounting debt, and cannot keep pace with the ever increasing cost of living; not to mention the fact that we have all watched our investments dwindle in the face of declining stock values.

Faced with these circumstances and wondering which way to turn, those who are receiving structured settlements per the direction of the courts may choose to sell structured settlements in order to have cash on hand that they need to just get through what is proving to be a very difficult time for most people.

Luckily, those who choose to sell annuity payments will find that it is much easier and more convenient than they might have assumed. Structured settlements are awarded to those who have been involved in personal injury cases but are not given their money all at once. Instead, they are given the money they are awarded through equal payment installments made from an annuity. The recipient can certainly choose to continue to receive these payments until the entirety of the settlement is satisfied; or they may choose to sell annuity payments.

In the case of getting cash for structured settlements, sellers work with a buyer of structured settlement annuity payments who will pay the seller for the right to receive the payments being offered for sale. The buyer then gives the seller the money for tomorrow’s payment today. The amount the seller receives depends on current market value of the structured settlement as well as other factors which means that sellers should carefully choose a buyer of structured settlement annuity payments.

Popularity: 49% [?]

Share This