Wednesday, October 31, 2007

Reexamining The Sale Of Your Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 12:08 pm

The result of a personal injury case that is settled out of court is often the creation of a structured settlement. This term refers to a financial arrangement that is an alternative to simply handing over a lump sum of money to the person receiving the financial award. Rather, a structured settlement allows for ongoing periodic payments – comprised of the amount of the award split into payments.

These payments are not made directly to the recipient from the responsible party, however. Rather, an annuity is funded by the responsible party and makes ongoing payments to the recipient over the term of the settlement.

If there comes a time when the recipient of the structured settlement requires a lump sum due to financial circumstances, they may choose to sell all or part of their structured settlement payments.

At that point the payment recipient may choose to sell their future structured settlement payments to a purchasing company in exchange for cash in hand. Or they may choose to sell only partial payments – either a particular number of future payments or a percentage of future payments.

Popularity: 22% [?]

Tuesday, October 30, 2007

Qualifying To Sell Structured Settlement Payments

Filed under: Structured Settlements — Structured Settlement Expert @ 5:02 pm

Structured settlements are arranged for those who have been involved in personal injury lawsuits and are subsequently entitled to a financial award. Instead of giving the claimant the award all at once, a structured settlement provides for ongoing, periodic payments made directly to the claimant and funded by an annuity that is set up for this purpose. Structured settlements tend to be beneficial for all parties involved and they allow for continued financial assistance for the claimant over time.

In some cases, a structured settlement recipient may find – down the road – that they need a sum of money in excess of that provided by the current payments. In such a case, the recipient may choose to sell all or part of their future structured settlement payments in order to gather the funds that they require. Purchasing companies will pay the recipient a lump sum of money for the rights to receive all or part of their future annuity payments.

Popularity: 23% [?]

Monday, October 29, 2007

Options For Selling A Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 6:50 pm

Often, a personal injury case may result in the arrangement of a structured settlement. With a structured settlement, rather than receiving a lump sum of money, the recipient will get periodic payments. For instance, rather than receiving a check for the money up-front, the recipient is given periodic payments through an annuity that is funded for this specific purpose.

Many recipients of structured settlements choose to continue with this arrangement. But in some cases, financial circumstances may occur that prompt the structured settlement recipient to seek a qualified company to which to sell their structured settlement. Such a sale must be approved by the court.

A structured settlement can be sold in a number of ways. First and foremost, a recipient may choose to sell some or all of the remainder of their ongoing payments – in which case the purchasing company will give their client a lump sum of money; in turn, the company will continue to receive the payments from the structured settlement annuity.

However, there are other options for a structured settlement sale. The settlement recipient may choose to only sell a partial number of future payments to the purchasing company; or they may choose to offer a percentage of their structured settlement payments to the purchasing company, where with each payment the company takes a portion and the original recipient takes the remaining portion.

Popularity: 22% [?]

Friday, October 26, 2007

Getting A Quote For Selling A Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 10:35 am

Recipients of structured settlement payments are those who have been involved in a personal injury case. During a court arrangement, terms have been constructed wherein the claimant in the case is set up with periodic structured settlement payments – monthly, yearly, or other configurations. After the terms are created, an annuity is set up to fund these periodic payments throughout the life of the structured settlement.

In some cases, a structured settlement recipient may find that the terms of the settlement do not meet their financial needs due to circumstances such as medical bills, educational costs or debt. In such cases, the recipient may choose to sell their future structured settlement payments for a lump sum of money to meet their current financial needs.

Prior to choosing a purchasing company, a prospective seller may choose to find out how much their structured settlement is worth from a company that purchases structured settlements. These purchasing companies may be able to offer quotes on the purchase of the structured settlement based upon current market rates.

Popularity: 21% [?]

Wednesday, October 24, 2007

Paying Medical Bills By Selling A Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 3:58 pm

When a person receives a structured settlement it is as a result of a personal injury lawsuit – during which there is a financial arrangement so that the claimant in the case is provided with periodic payments rather than a sum of money at one time. These periodic payments can be distributed monthly, bi-annually, or annually. The payments come directly from an annuity that has been set up to fund the structured settlement.

In some cases, however, a structured settlement recipient may come upon financial circumstances that require a larger sum of money, such as significant medical bills. The structured settlement recipient can choose to sell either part or all of their future structured settlement payments. In return, the purchasing company gives the structured settlement recipient a lump sum of money for the sale; money that can then be used to pay off the medical bills.

Popularity: 22% [?]

Tuesday, October 23, 2007

Help Repair Credit Damage With The Sale Of A Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 4:11 pm

As a result of a personal injury case, oftentimes a financial arrangement is made known as a structured settlement. Rather than a large sum payout, the recipient of a structured settlement arrangement receives periodic payments from an annuity that is set up and funded exclusively for the structured settlement.

In some cases, these periodic payments meet the ongoing financial needs of the recipient. But in many cases, a recipient may have a desire to sell their structured settlements to have cash in hand for some very particular needs. Such may be the case for those who are struggling with significant debt – debt that has perhaps negatively impacted their credit score.

In such a case, a structured settlement recipient may choose to seek a company experienced in purchasing structured settlements. Such a company will pay the seller one lump sum of money; in exchange, the company will be assigned to continue to receive the structured settlement payments.

If such a sale is approved by the courts, the client can then take their lump sum of money and pay down or off their debts, thus that may improve their credit score.

Popularity: 21% [?]

Monday, October 22, 2007

Stop Foreclosure By Selling A Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 4:28 pm

There are few among us who have not – at one time or another – been in a stressful financial situation. While for some this may mean having difficulty making ends meet every month, for others the circumstances are much more serious – perhaps even resulting in the possible loss of a home.

For those who receive structured settlement payments as a result of a legal arrangement, such financial circumstances may have them thinking of selling the ongoing structured settlement payments.

Ordinarily, when a structured settlement arrangement is made, it accounts for ongoing, periodic payments made to the recipient through a funded annuity. The payments may simply not be enough to tackle larger financial responsibilities – such as in the circumstance of a homeowner facing foreclosure.

In such a case, the homeowner may choose to turn to a reputable company who will purchase structured settlement payments. Such a company will give the structured settlement recipient a lump sum of money in exchange for future structured settlement payments. The company that purchases the structured settlement then continues to receive the payments; in exchange the homeowner receives their cash in hand to help stop foreclosure.

Popularity: 21% [?]

Friday, October 19, 2007

Buying A Home With The Help Of Selling A Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 12:21 pm

Those who receive structured settlement payments do so because of a legal arrangement created as a result of a personal injury case. Instead of a total payment, the receiver of a structured settlement will receive their money over the course of pre-arranged, periodic payments made through an annuity.

There are situations, however, where the structured settlement recipient may desire a lump sum payout of money – such as in the case of purchasing a home. Under these circumstances, the court may approve the sale of the structured settlement so that the payment recipients will have enough money in hand to purchase a property.

If such a sale is approved, the structured settlement recipient will turn to a company that specializes in purchasing structured settlements. In exchange for future annuity payments, the company that purchases the structured settlement will pay the seller a lump sum of money which they can then use in purchasing their home.

Popularity: 21% [?]

Monday, October 15, 2007

Finding An Appropriate Company To Purchase Structured Settlements

Filed under: Structured Settlements — Structured Settlement Expert @ 12:10 pm

For those involved in a personal injury lawsuit, the outcome may eventually result in a structured settlement – recurring payments made to the recipient as funded by an annuity created specifically for this purpose.

In some cases the recurring payments of structured settlements work well for the recipient. In other cases, recipients of structured settlements may find themselves in a position where a lump sum payment would be more appropriate for their needs. In such a case, structured settlement recipients may turn to a company that purchases structured settlement payments – in part or whole. In exchange for future annuity payments, the company that purchases the structured settlement provides the recipient with a lump sum payment.

Of course, it is imperative in these situations for a person interested in selling their structured settlement payments to seek out a reputable company that can meet their needs. To this end, an interested client should ensure that the company to which they plan to sell their structured settlement payments is experienced in handling such a process and does so with the strictest attention to all details. Additionally, any company that is willing to purchase your structured settlement payment should be able to demonstrate financial stability – as shown through their history and reputation in the industry. In this way, a prospective client can ensure – to the best of their ability – that the company to which they choose to sell their structured settlement will fulfill their financial obligation.

Popularity: 22% [?]

Saturday, October 13, 2007

Selling Future Payments From A Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 5:11 pm

Structured settlements are the result of a legal proceeding involving personal injury. The recipient of a structured settlement is entitled to periodic payments through an annuity, rather than a lump sum of money. In many cases, this arrangement suits the recipient’s financial needs. But in others cases, the recipient may find that a lump sum of money – rather than the ongoing payments – will best suit their financial situation. In such a case they may look to sell all or a portion of their structured settlement.

There are several things to understand about selling structured settlements. For one, the sale of structured settlements must be approved through the court system. The recipient of structured settlement payments must show that receiving a lump sum payment is in their best interests.

Secondly, when selling structured payments you are really just selling the right to receive future payments. A company that buys structured settlements pays their client a lump sum of money for the right to continue to receive payments from the annuity through which the structured settlement is funded.

Popularity: 21% [?]