| If you are looking to sell structured settlement | | | | companies would prefer to set up a more palatable |
| payments, now is a great time to do it. You now have | | | | monthly financial arrangement so they are not out of |
| access to a nationwide pool of experienced, | | | | pocket a large sum of money. For this reason, you |
| professional note buyers thanks to the Internet, and the | | | | may want to sell your structured settlement annuity in |
| increased competition means higher cash payouts for | | | | its entirety or just a portion of the instrument. |
| you. | | | | Of course, just like with the lottery payment, you will |
| A structured settlement is essentially a financial | | | | not get the full amount of your settlement from the |
| arrangement set up for victims of injury cases | | | | buyer. Keep in mind that he or she is assuming the risk |
| whereby they receive monthly payments (annuities) to | | | | that comes with your note, and also has to take into |
| cover damages, loss, medical expenses, etc. As | | | | account inflation and other factors. So it has to make |
| opposed to a lump sum payment, the claimant | | | | financial sense for them as well. |
| receives a set amount each month for a specified | | | | When you sell structured settlement payments it |
| period of time. This payment is tax free, and usually | | | | offers many benefits to you. For one, you are |
| works out favorably for both parties....the victim has a | | | | receiving a guaranteed amount of money right away, |
| steady, tax-free income source to cover bills and the | | | | rather than waiting on much smaller monthly payments |
| defendant doesn't have to pay out a huge amount up | | | | and hoping the payor doesn't default. Along those lines, |
| front. | | | | another benefit is the peace of mind that comes with |
| However, many people would prefer to have a large | | | | no longer assuming the risk that comes with any debt |
| payment now rather than smaller payments spread | | | | instrument. You just never know what the future holds, |
| out over a period of years, and therefore look to sell | | | | so why not sell structured settlements now and be |
| structured settlements. You see this quite often with | | | | 100% sure to receive money. |
| lottery winners who opt to take a lump sum rather | | | | There are many options when it comes to selling your |
| than monthly payments, even though it works out to | | | | structured settlement and a qualified note buyer will |
| less money that their total winnings. | | | | spell them all out for you. Find someone with |
| Unlike with the lottery, though, you can't ask the | | | | experience and a good reputation and figure out what |
| defendant to pay you upfront instead. It doesn't work | | | | will work best for your particular financial situation. |
| like that and almost all defendants/insurance | | | | |