How to Get Cash For Structured Settlement

It is not very difficult for a person who has acquired a structured settlement to trade it for cash. Irrespective of the source of the structured settlement.




How to Get Cash For Structured Settlement

It is not very difficult for a person who has acquired a structured settlement to trade it for cash. Irrespective of the source of the structured settlement, whether from an insurance claim or an out-of-court settlement, a good factoring company can help in obtaining cash for a structured settlement.

The factoring companies give a lump sum to an individual and become beneficiaries of the periodic payments. The lump sum is given minus the factoring companies' fees which can be up to 15% of the total amount. The amount can be used in a number of ways to accomplish objectives such as repaying debts, buying a vehicle or a house, or funding education. It would not be possible if the money was made available in installments. At the same time, one should sell structured settlements only for meeting genuine requirements and not perceived ones.

A person who wants to sell their structured settlement should decide on the amount you wish to sell giving due consideration to the truth of its needs and its future requirements. Prospective sellers should shop online for the most appropriate factoring companies so that they can get the best price and terms for their structured settlement. It is possible to get free quotes online that give a basis for comparing settlement firms. One should also try and get an idea of the company's reputation for fair-dealing, technical competence, and prompt payment.

A person desirous of selling a structured settlement can also do so by contacting a structured settlement broker who can apprise the seller of the best offers available. The seller should be proactive in keeping himself informed regarding any developments with respect to the sale of his settlement; he should also be aware of the responsibilities of the broker and the buyer as well as the steps that need to be carried out to sell the settlement. At no stage should a seller allow himself to be pressurized into making a deal which he is not comfortable with.

The process of selling a structured settlement can take up to two months. Some states in the United States have a minimum waiting period before a structured settlement sale can go through. The obligations to be fulfilled vary with the state and one should be aware of requirements as per state law. A court will decide whether the sale of a settlement is in your best interests. The court procedure involves submitting relevant documents and when these are approved, a date for the sale of the annuity is given by the court. A court-approved sale of annuities is exempt from taxes.

Frank Dotson recommends that you visit http://www.structured-settlements-guide.com/2006/03/the_skinny_on_g.html for more information on getting cash for a structured settlement.

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Cash Option For Structured Settlements - What You Need to Know

Discusses the honest, no-nonsense truth about getting cash for structured settlements. Includes: A Common Problem With Structured Settlements, A Simple Explanation on How To Get Cash, and more!




Cash Option For Structured Settlements - What You Need to Know

There's lots of garbage information out there when it comes to getting cash for your structured settlements.

Problem is, everybody's looking to make a profit and it can be hard to separate the good advice from the bad!

Just to make sure we're all on the same page - let's start with a quick and simple example:

Let's say John has an accident at work and gets a settlement of $100,000.00 out of it.

In a structured settlement, John would get that amount over some period of time... in hist case let's say it's 10 years.

That means John will get $10,000.00/year for 10 years... that's a structured settlement.

Unfortunately There's An All Too Common Problem With Structured Settlements

Often times John will need his money now and can't wait 10 years to get it all.

What if John's accident caused him to not be able to work and he needs money to pay his mortgage?

What if he's in debt and wants to use the money to get out?

That's Where The Cash Option For Structured Settlements Comes In

Lucky for John, there are plenty of companies out there that love to buy out structured settlements for cash.

The result? John gets a lump sum of the money he needs.

John is very lucky to be in this day and age.... Why? Because the Internet makes it especially fierce for structured settlement companies to compete.

Bottom Line: They all want John's business... and he can take time to shop around for the best deal!

More people to take money for settlement structure for the discussion about the pros and cons, including visits http://www.Structured-Settlement-Tips.com to learn

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Cash For Structured Settlement Payments

You can get cash for structured settlement payments. There are companies who will buy up your settlement payments right now, and advance you that cash, minus their fee. They are like a short term cash advance lender, but your repayments come automatically over time from the settlement agreement, and you get much larger amounts of cash advanced.




Cash For Structured Settlement Payments

You can get cash for structured settlement payments. There are companies who will buy up your settlement payments right now, and advance you that cash, minus their fee. They are like a short term cash advance lender, but your repayments come automatically over time from the settlement agreement, and you get much larger amounts of cash advanced. You can ask for all of it or just a part of it, and continue to get the rest in structured payments while they are also being paid off automatically. They will charge a fee for their services, from 10 to 50 percent of the amount you want advanced.

Many people who are involved in personal injury lawsuits receive large awards or make big settlements prior to going to court. If the sum is very large, it may be in everyone's best interest to spread the payments of that amount out over many years, or even decades. A medical malpractice lawsuit, a wrongful death lawsuit, and many other personal injury cases can involve awards or settlements in the six and seven number figures. If you take it all at once, there may be very high taxes, so it is best to spread it out over time and pay less, or no, tax.

You can avoid the higher taxes with a structured settlement. Getting a cash advance against the settlement will not change your taxes, you may still have to pay them, but over the time of the agreement. For the payer of the settlement amount, paying over time is easier to handle. It is a way even for small awards to be set up. For the recipient, having yearly payments reduces the tax burden, and assures income over time for things like ongoing medical expenses.

However, if you want to purchase something big, like a house, or down payment on a house, or go back to school to further your education, you may want to get cash for structured settlement payments. You can pay off all your other bills, and get a new start with a big lump sum, right away. Inflation may cut into the actual amount you get over time, and that is another reason to consider getting cash for structured settlement payments.

Structure of the settlement agreement to protect in many countries, so you need to judge the actions approved by. This is only to be sure it is in your best interest to do this advance, and that the company you work with is on the level. So, if you have structured settlement payments or annuity cash coming in over time, and think you might want a lump sum, check it out to see if that is what you should do.

For more information or a free quote on cash for structured settlement payments, contact Professional Settlement Buyers

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Structured Settlement - Get Cash For Your Structured Settlement Now

If you have received a legal settlement, and you want to sell it, then you need to know what it takes to sell a structured settlement. There are many reasons why you might want to sell your settlement payments. Maybe you have college tuition to pay, medical bills, debt to pay off, or mortgage payments due. The main reason someone would sell their settlement is to have the flexibility of using it however they want and when they want.




Structured Settlement - Get Cash For Your Structured Settlement Now

If you have received a legal settlement, and you want to sell it, then you need to know what it takes to sell a structured settlement. There are many reasons why you might want to sell your settlement payments. Maybe you have college tuition to pay, medical bills, debt to pay off, or mortgage payments due. The main reason someone would sell their settlement is to have the flexibility of using it however they want and when they want.

Most consumers have no idea what kind of options they have when it comes to selling their settlement. What should be sought? Is the company you select reliable? Is it possible to sell only part of your village? Here are 4 tips to help you sell your settlement.

First, search for specialty finance companies. They are the ones that usually will purchase a structured settlement. You will want to view their testimonials and do some research to find out if they are reputable and worth doing business with.

Second, you should never accept the first offer that is given to you. You should browse many different companies to make sure you get the most out of your settlement. This will give you a better value for what you are selling.

Third, you need to take a look at your budget and decide whether it will benefit you more to sell all or just a portion of your settlement. Many companies will buy just a portion of your settlement and if you don't need it all right now, then this might be the right way for you to go.

Fourth, when it comes down to the contract you should consult an attorney to look things over. This will ensure that you are getting what you are after.

You will want to make sure the company you choose is very reputable and has a well known name. Structured settlement purchasing has become a larger business than in years past and you need to make sure that you get the deal you are looking for. If you have any doubts about the company that you are dealing with you should consult your attorney.

Discover more about Structured Settlement here:

Structured Settlement, Go Now

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Cash For Structured Settlements - The Smart Way

For most people when they buy a house it is considered their life�s largest deal. In some cases of structured settlements the compensation and financial considerations for a persons life duration and the total present value of the settlement can reach few millions of dollars. Therefore it is strongly advised to use professional services like annuity consultant and a lawyer specialized in this field in order for you to avoid painful costly mistakes. Here are some tips:





Cash For Structured Settlements - The Smart Way

For most people when they buy a house it is considered their life's largest deal. In some cases of structured settlements the compensation and financial considerations for a persons life duration and the total present value of the settlement can reach few millions of dollars. Therefore it is strongly advised to use professional services like annuity consultant and a lawyer specialized in this field in order for you to avoid painful costly mistakes. Here are some tips:

- Think twice before you make a decision. Do you really need that
money or you want to feel rich, secure, powerful etc'

- Take only part of the money not all of it, in case of an injury claim
the Court needs to approve your request, the judge will want to
know what do you need the money for.

- Some Funds will try to convince you that due to Inflation and rising
cost of living your annuity payments have less and less buying power over time. Remember that if the Structured settlement was done properly it has a cost-of-living adjustment (COLA) feature
build into it in order to offset the effects of inflation over time.
So the funds claim on this issue is only partially true as the cost of
living index is an artificial and biased measure of the actual inflation
over time. Still even 70% protection is reasonable.

- When you get a large sum of money take into account that each
bank is F.D.I.C. insured for up to $ 100,000 only! That means that
if your sum of money is bigger than that you will need to open
additional Account/s in a different bank/s in order to be covered.
In addition take into account that as long as you deposit your money
in C.D's (e.g. Certificate of Deposit) you are covered, but if you
invest your money In fixed income, stocks, bonds, and mutual funds.
These securities are NOT F.D.I.C. insured!

- In case you transform Lottery winnings payments or a large sum of
money from structured settlement, keep it as discrete as you can,
It is not recommended to go and buy a Rolls-Roys or any other flashy
car, that will bring the criminals and the charity people to chase you.
That might even cause your children start to ask for money.
Try to keep it a secret.

- It is a good Idea to get more than one or two offers from various
private funds before making a decision, remember you are a very
lucrative customer, the funds should fight over you! Don't be timid
to negotiate and manipulate them to maximize your money.
One of the best and most reputable Funds I know with excellent
fast customer service is Sovreign-Funding, You can find there useful
information, Fill out their short form and you will get an offer from
them with no obligation on your part.

- One last piece of advice, there is a new ebook you can download
immediately, It is called "Annuities: The shocking secrets revealed"
written by Tony Bahu CEO of AnnuityMD.com, It is a $97 book but it
is a very small investment considering how much money it can save
you. You can see it here:

The shocking secrets

MBA - International Trade & Finance - Heriot-Watt University. Bsc. Computers and Information Systems - Long Island University - C.W Post Campus. Married with two Children.

[http://annuity-structured-settlements.blogspot.com/]

cash for structured settlements

Best Way To Sell Structured Settlement Payment For a Lump Sum of Cash

More and more people are choosing to sell structured settlement payment rather than receive their monthly annuities. Why? Because money today is always worth more than money tomorrow, and some people like the certainty that comes with getting a lump sum of cash in hand.




Best Way To Sell Structured Settlement Payment For a Lump Sum of Cash

More and more people are choosing to sell structured settlement payment rather than receive their monthly annuities. Why? Because money today is always worth more than money tomorrow, and some people like the certainty that comes with getting a lump sum of cash in hand.

What is a structured settlement? Essentially it is an agreement reached between an injury claimant and a defendant whereby the injured party is paid a certain amount of money every month for a certain period of time. It is referred to as an annuity, and this money is not subject to federal or state tax. It is usually advantageous to both parties, as the victim receives money every month to cover payments such as medical bills, rehabilitation, in-home care, etc. and the payor is able to settle the case and spread payments over a period of months or years to soften the blow.

However, for many people selling structured settlement notes makes sense. They might be at retirement age, need to make a big purchase or stumble upon an amazing investment opportunity. As such, a lump sum would be much more useful to them rather than small payments coming in every month. Even though the lump sum would be less than the total settlement amount, investing that money in even at a moderate rate of return could yield many times the initial amount.

That's why selling structured settlements is appealing. Also, you don't have to sell the entire note, you could sell a portion of it, called a partial, and retain the rest of the payments for yourself. That way you get a lump sum of cash for what you need for the remainder of remaining annuity income. There are other ways to arrange it as well and a qualified note buyer can spell out all of your options.

What will you get when you sell structured settlement payment?

Well that depends on a variety of factors that the note buyer takes into account when assessing your annuity. Some of these include the outstanding balance, inflation concerns, time span and financial strength of the payor. Remember, it has to make sense financially for the notebuyer as well. He or she is assuming your risk when you sell structured settlement payment to them...the payor can always default, inflation could decrease its worth, market conditions can take a turn for the worse. You never know what can happen.

As such, a lump sum today, even though it is less than the total amount of the structured settlement, is a guaranteed payment which essentially removes all of your risk exposure...that peace of mind you really can't put a price on!

So if you would rather have money in hand than a promissory note, you might want to sell structured settlement payment today and take advantage of a large lump sum of cash. Just make sure you find a qualified, reputable note buyer who can offer you the most when you're selling structured settlement annuities.

Jamie has been working in the finance industry for many years and is a contributing editor to http://www.selling-your-note.com. Learn about selling structured settlement and receive a free, no obligation quote from professional note buyers.

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cash for structured settlements

Structured Settlement - Your Options For Cash

You have several options while receiving payments for structured settlements. You can keep all rights of annuity payments and collect small amount of installments over a time periodically or you can also opt for one time lump sum payment. Depending on your situation you can use which ever options you like.




Structured Settlement - Your Options For Cash

You have several options while receiving payments for structured settlements. You can keep all rights of annuity payments and collect small amount of installments over a time periodically or you can also opt for one time lump sum payment. Depending on your situation you can use which ever options you like.

Sometime situation presses to get full amount of cash while sometimes small installments may look more attractive. You can work out a structured settlement transfer to advance annuity payments. This option is often considered to be the best from the perspective of the receiver when you need large lump sum cash to get back to his feet and survive.

You can also opt for loan from some financial institution against your settlement. Some companies even offer loan from even before your lawsuit begin trials. They analyze your case and if they feel you have a strong case they easily agree for cash loans advance. However, as the interest rates charged on loans of this type often very high as is necessary to be careful before taking a loan.

You can even sell your settlement after few years to a third party for some lump sum cash. You can sell part of your settlement or you can also sell your settlement completely. You can also sell your settlement in full or in partial payment transfer in exchange for two or more large payouts from the buyer. While selling you need to be careful about the discount rates as most of the companies charge very high discount rates for purchasing settlements.

For a detail discussion on several aspects involving structured statements cash please visit: http://www.cash-for-structured-settlement.net.

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