Sell Your Structured Settlement Payments for Cash Now
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Sell Your Structured Settlement Payments and Get A Lump Sum of Cash Now
Sometimes, life throws you a curveball. A financial emergency could take all of your available cash, including whatever savings you have, and leave you struggling every month to make ends meet. Or you could find yourself faced with a great opportunity that you'll have to pass up because you don't have enough money to pay for it. Not even your structured settlement payments can help. You may be wondering, "Why do people choose to sell structured settlement annuity payments?"
It's simple and the answer is described above. There are times in life when we need money immediately. Selling all or part of your structured settlement payments is a way to gain access to the cash you need now.
What is a Structured Settlement?
Individuals who win a settlement in a lawsuit, or win an insurance claim don't always take all of the money they are owed upfront. Instead, either they or the agency that is in charge of the funds opt for a structured payment stream, in which the money is paid out over time. For example, the recipient might receive these payments every week, every month, twice a year, or once a year. Find out how to free up your money now.
Call J.G. Wentworth todayfor a Free, No-Obligation Quote at 1-866-576-2910 or fill out the form on this page.
There are many different types of structured settlements, with different payment structures. Some of them include:
- Guaranteed Life Annuities. The payee receives payments for a guaranteed number of years. Even if the payee dies, payments will still be made to the beneficiaries.
- Life Contingent Annuities. These are similar to guaranteed life annuities, but the payments stop upon the death of the recipient.
- Deferred Lump-Sum Payments. The payee will receive a lump sum payment at some specified, future time. If the recipient dies before then, the beneficiaries will receive the money.
The Pros and Cons of Receiving Structured Settlement Payments
There are some advantages to receiving structured settlement payments. First, the money is exempt from taxes. Second, there's a certain amount of security in knowing you have a guaranteed income coming in month-after-month or year-after-year.
However, one of the problems with structured settlement payments is that you don't have current access to your own money. This can be incredibly frustrating, not to mention detrimental if creditors are already calling you. When you're going through tough financial times, or are faced with an unexpected financial emergency, there's nothing more frustrating than knowing that you have enough money to deal with the current crisis, but are not able to touch it.
Fortunately, there is a solution. It is possible to sell structured settlement payments. Call J.G. Wentworth for a Free, No-Obligation Quote at 1-866-576-2910 or fill out the form on this page.
Structured Settlement Resources
Sell Structured Settlement Payments Guide
If you win a lawsuit against another party, you typically receive a settlement offer from his or her insurance company. It is a common misconception that this amount is awarded to you all at one time. In reality, shortly after your lawsuit is settled, you may just receive enough money to pay medical expenses and reimburse you for lost wages from missed work. However, the remainder of the money owed to you may come in the form of a structured settlement.Read More
Structured Settlement FAQ
A structured settlement is paid out in a monthly or annual basis over a set period of years, as payment for damages. It is intended to provide for an injured person's long term needs. A structured settlement can be an overwhelming concept, and understanding some of the most frequently asked questions on the topic can do a lot to alleviate any fears.Read More
Structured Settlement Articles
Five Things You Must Know Before Selling Your Structured Settlement
Emergency situations that require immediate cash can be a real nightmare, especially if your options are limited. Paying off a debt or an overdue bill, for instance, can quickly exceed the original balance, if payment is not made as soon as possible. The fees can start to feel like they are never ending. During such situations, selling your structured settlement payments may offer the most efficient solution.Read More
How To Sell Your Structured Settlement and Receive A Lump Sum of Cash Now
If you are the recipient of structured settlement payments, you do not have to wait to enjoy the benefits of your settlement. You can sell your structured settlement payments for a lump sum of cash in order to pay off debts, purchase a home or car, or finance any other major need. Make sure that you are prepared and well informed before trying to sell your structured settlement payments, in order to receive the largest lump sum of cash possible in exchange for your long-term payment rights.Read More