Monday, December 31, 2007

The Sale of Structured Settlements Can Mean a Brighter Future

Filed under: Structured Settlements — Structured Settlement Expert @ 10:59 am

There is little that we want for our children more than a good education. With a degree our children can decide their own future and pave a way to financial security and personal accomplishment. In some circumstances an education is the only way for some people to meet their career goals. But as we all know an education can be expensive and without the financial means sometimes schooling can go by the wayside.

In the face of educational costs, many people look for a variety of ways to come up with the necessary money including home equity loans, grants, and personal lines of credit. And one way in which people can come up with the money necessary to pay for an education is through the sale of a structured settlement.

A structured settlement is an arrangement following a personal injury case. When such a case is settled and the injured party is given a financial settlement, the award can either be a one time payment or a structured settlement. With a structured settlement, the recipient receives a series of periodic payments made by a third party annuity that is funded by the responsible party.

Circumstances can arise when recipients would be better served by a lump sum of money rather than payments. Such as the in the case of tuition payments –the recipient may opt to sell all or part of their future structured settlement payments in exchange for the lump sum of money that they need.

Popularity: 20% [?]

Saturday, December 29, 2007

Structured Settlement Sale in the Case of Illness

Filed under: Structured Settlements — Structured Settlement Expert @ 8:48 am

When a person who has been injured in an accident, the injured party may be awarded a structured settlement.

A structured settlement is the alternative to a single lump sum payment. Going forward, the recipient will get periodic payments at pre-established intervals.

While many structured settlement recipients remain satisfied with the arrangement, there may be times when a need arises, such as an illness requiring extensive medical care and subsequent medical bills.

In such a case, a structured settlement recipient may choose to sell all or part of their future structured settlement payments in exchange for a lump sum of money to help them meet their medical needs.

Popularity: 20% [?]

Thursday, December 27, 2007

Structured Settlement Sales Can Benefit Families

Filed under: Structured Settlements — Structured Settlement Expert @ 9:53 pm

Structured settlements are financial arrangements following a personal injury case. When a claimant selects a structured settlement arrangement they will receive a series of ongoing payments. The terms of the payments are meant to provide for payments to the claimant over time.

As often happens in families, there are financial circumstances that present themselves that can seriously impact the future of a household; circumstances such as significant debt and medical bills. When these types of circumstances present themselves, a structured settlement recipient may choose to sell their future structured settlement payments in exchange for a lump sum of money to address their current financial needs.

When a recipient sells structured settlement payments they do so through a company that specializes in this particular transaction. The sale must be approved by the courts, after which the purchasing company gives the structured settlement recipient a lump sum of money based on the current market value of their settlement arrangement. In exchange, the recipient turns over the ownership to all or part of their future structured settlement payments.

With the money they receive, structured settlement recipients are then able to address their financial needs and solidify their family’s future.

Popularity: 20% [?]

Wednesday, December 26, 2007

Meet Changing Needs With A Structured Settlement Sale

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

When a personal injury case results in the creation of a structured settlement the claimant gets periodic payments backed by an annuity. These payments are usually not subject to income taxes.

As nice as guaranteed income over time happens to be, occasions do arise where a lump sum payment might be more beneficial. This is where a structured settlement sale can make a great deal of sense.

Companies that buy structured settlement payments agree to receive the periodic payments in exchange for a lump sum payout. The arrangement can happen in one of two ways, but both options do call for court approval to reach fruition.

The first way to receive a structured settlement payout is by selling all future payments. This means the recipient will get a lump payout, but no more monthly payments. The company that buys structured settlements will receive them instead.

The second option is a partial sale. This involves selling some of your payments for a particular amount cash. This flexibility lets the recipient receive cash to meet their needs as well as maintaining a portion of the future payments.

Both options are quite viable for helping a person meet changing financial needs. When circumstances change, structured settlement sales can pay off to help a person adapt with money in hand.

Popularity: 20% [?]

Sunday, December 23, 2007

Structured Settlement Sales Can Help Claimants Start Anew

Filed under: Structured Settlements — Structured Settlement Expert @ 12:35 pm

Plaintiffs in accident cases sometimes settle with a structured settlements in lieu of a single payment. This type of settlement can make a great deal of sense because it provides for the plaintiff over a set period of time with monthly, bi-annual or annual payments. This means the injured person has a guarantee of tax-free income.

As useful as structured settlements are, however, sometimes personal needs change. When injuries are recovered from, it might be time for a person to get back on their feet and start anew. For many, this means returning to school to train for a new field of employment. The costs related to this can prove prohibitive.

Companies that specialize in the purchase of structured settlements offer structured settlement recipients lump payouts in return for their regular settlement payments. This means the structured settlement recipient gets cash in hand to fund educational pursuits, and the company receives the regular payments instead. A court must generally approve of this type of arrangement. If the court deems a structured settlement sale is in the best interest of the structured settlement recipient, the sale can go through.

Popularity: 23% [?]

Friday, December 21, 2007

Using A Structured Settlement Sale To Buy A Home

Filed under: Structured Settlements — Structured Settlement Expert @ 4:53 pm

One reason that some settlement holders seek to convert to cash involves the desire to purchase a home. As long as other income is in place to handle living expenses and taxes, a structured settlement sale can prove very beneficial in this case.

Selling Structured Settlements Can Streamline Finances

Many personal injury cases result in plaintiffs receiving a structured settlement. Rather than single payments, plaintiffs are given periodic payouts over time. This option is backed by an annuity.

Sometimes, however, unforeseen circumstances arise. When a structured settlement recipient, for example, has thousands of dollars in medical, credit card and other bills, payments over time may not do much to help.

When streamlining finances and paying off large bills is necessary to put a person on more secure financial footing, a structure settlement sale can make sense. To achieve this, many structured settlement holders seek out companies that buy the regular payments for a single cash payout.

Obtaining a structured settlement buyout does require a little work. First, the recipient needs to seek out a reputable company to make the purchase. The next step involves garnering court approval for the sale. If this is received, the settlement recipient is able to accept a cash buyout and the regular payments will go directly to the purchasing company.

Popularity: 19% [?]

Wednesday, December 19, 2007

Customer Service When Selling a Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 8:55 pm

No matter what company we deal with or what goods or services that we seek, the fact of the matter is that good customer service is an integral part of the process. After all, when we are spending our money, we want to feel as though we have made the right choice – and being treated with respect can go a long way towards validating that for us.

Customer service should extend to every business transaction – and the sale of structured settlement payments is no exception. Structured settlements are payment arrangements in the face of a personal injury claim. If the claimant is offered a financial settlement, oftentimes it is the form of a structured settlement; rather than getting the entire amount of the settlement upfront, the claimant is given their money through periodic payments.

Structured settlement payments are meant to benefit both parties – the claimant and those responsible for the financial settlement. However, there are times when a recipient may choose to investigate the possibility of selling all or part of their future structured settlement payments due to financial circumstances that have arisen and have necessitated a lump sum of money.

In such a case, the recipient will approach a company that specializes in the purchase of structured settlements. Beyond looking for the price that they are able to give you for future payments, it is also important for anyone researching the sale of structured settlements to seek out a purchasing company that puts much emphasis on the way that they treat their clients.

When going through the process of selling a structured settlement, a client should feel protected, valued, and respected. And, above all, they should feel that their questions and concerns are always thoroughly addressed.

Popularity: 19% [?]
Structured Settlement Transfer FAQ’s Video Part 1

Filed under: Structured Settlement — Structured Settlements Pro @ 8:34 am

Here are the top 5 FAQ’s about transferring structured settlements.




Popularity: 26% [?]

Tuesday, December 18, 2007

Turnaround Time for the Sale of Structured Settlements

Filed under: Structured Settlements — Structured Settlement Expert @ 8:57 pm

When a claimant enters into the process of a personal injury case, there can obviously be many outcomes. But in the event that there is a financial settlement, oftentimes their financial award is not given to them all at once. Instead, many claimants are given a structured settlement, whereby they receive their money through periodic payments. The payments come from an annuity that is set up exclusively for the structured settlement; and those responsible for the financial restitution are responsible for funding the annuity.

Generally speaking, structured settlement arrangements work well for all parties involved. But there are some cases in which the recipients of structured settlements are in need of a lump sum of money to address particular financial circumstances, ranging from significant debt to education expenses. In such cases, structured settlement recipients may seek approval to sell all or part of their future structured settlement payments.

Structured settlement sales differ from state to state. Be sure to ask the question regarding timeframe when researching the sale of your structured settlement.

Popularity: 23% [?]

Monday, December 17, 2007

Get a Lump Sum With the Sale of a Structured Settlement

Filed under: Structured Settlements — Structured Settlement Expert @ 3:22 pm

Feeling financially out of control is one of the worst feelings that there is. Debt is one of the things that initiate this out of control feeling, as consumers are often plagued with the idea that their money will never be their own but simply something that they pay every month to a credit card.

Structured settlements are set up for the benefit of the recipient, but sometimes there are circumstances that may require a change. Structured settlements are financial arrangements that stem from personal injury cases. If the claimant is awarded a financial settlement they are often structured settlements; instead of receiving the entire financial award at once they receive payments on a regular basis.

Such structured settlement payments can be beneficial for recipients in a number of ways, not the least of which is the ability to really budget their money and address ongoing expenses. But in some cases, structured settlement recipients need to have a lump sum so that they can best make decisions that can impact the financial future for themselves and their family.

When such is the case with a structured settlement recipient they may choose to explore the possibility of selling all – or a portion of – their future structured settlement payments. A reputable, experienced purchasing company will buy all or a portion of the client’s future structured settlement payments and in return pay the client a lump sum of agreed upon money; giving the client the ability to have cash on hand.

Popularity: 20% [?]