A reputable, qualified buyer of structured settlement payments can offer you top dollar for your annuity. Taking several factors into account, he or she will come up with a fair value for your settlement, often referred to as a "note". You can then decide which of several options works best for your particular financial situation.
Structured settlements are set up as a resolution to an injury claim, whereby the victim receives a set monthly payment in the form of a tax-free annuity as compensation.
The arrangement usually favors both parties, as the victim gets money every month to cover the costs of medications, rehabilitation and other bills and the defendant, or payor, issues easy to swallow smaller monthly installments rather than a large sum of money up front.
However, many people decide to look for a structured settlement buyer rather than opt to receive small monthly payments. Although it's nice to have an ongoing stream of income, you may want or need to have a large some of money for a new investment, a large purchase or to pay off a high interest debt.
In this case, selling your note makes a lot of financial sense, and a reputable buyer of structured settlement payments will be able to provide the cash you need, usually within a couple of weeks. It is a fast and easy way to get your hands on a lump sum of money, especially compared to getting a loan from your bank or another financial institution.
How much will a structured settlement buyer pay you for your note?
That's a good question. It will depend on a variety of factors: the balance on the annuity, the time left before it is paid off, timeliness of payments to date, stability of the payor, and various other criteria. Remember, the buyer of structured settlement payments is assuming a risk by purchasing your note, so it has to make sense for them financially to do so.
To ensure that you receive top dollar try to have all of your paperwork in order, and keep careful records of everything that has transpired since the annuity was set up. This will be very helpful to the structured settlement buyer, and enable them to come up with a fair and competitive quote.
Also, keep in mind you can sell just a portion of the annuity; you don't have to sell the entire thing. So if you only need a certain amount of cash, you can sell "x" number of months of payments and retain the annuity after that time period. An experienced buyer of structured settlement payments will outline all of your available options so that you can make the right decision.
Tuesday, August 3, 2010
Monday, August 2, 2010
How To Find A Buyer Of Structured Settlement Payments
If you want to sell your structured settlement and get a lump sum, you'll need a great buyer of structured settlement payments to make sure you get the highest lump sum possible. Hundreds of brokers are out there to help you locate funding sources. There are also some major funding companies that will buy your settlement payments directly.
Take a look and make sure you consult multiple companies and compare quotes. By doing a little homework, you'll get a feel for the market and will have a much better chance of choosing a good buyer of structured settlement payments.
No matter whom you choose to buy your settlement payments - broker or funding company, make sure you take a look at the following:
•What is the company's history?
•How long has the company been in business?
•Does the company list names of managers or owners?
•What are the company's credentials?
•Is the company listed with the Better Business Bureau?
•Do they list testimonials from clients or customers that can be verified?
•Do they have a list of frequently asked questions that shows they have the necessary knowledge to be a successful buyer of structured settlements?
•Do they tell you if it's in your best interests to sell just a partial amount of your settlement and not the whole thing?
•Do they list in dollars the volume of cases they've handled?
•Are you comfortable that you're being given time to make a decision and not being rushed?
•Do they provide you with a free quote?
Thirty nine states have legislation that permits you to sell structured settlement payments only after a judge has approved the sale (but keep in mind laws are always changing). Therefore, your own lawyer is going to have to review the documentation provided by the buyer of structured settlement payments you go through with it. Only after a judge approved the sale would you be able to receive the lump sum.
Take a look and make sure you consult multiple companies and compare quotes. By doing a little homework, you'll get a feel for the market and will have a much better chance of choosing a good buyer of structured settlement payments.
No matter whom you choose to buy your settlement payments - broker or funding company, make sure you take a look at the following:
•What is the company's history?
•How long has the company been in business?
•Does the company list names of managers or owners?
•What are the company's credentials?
•Is the company listed with the Better Business Bureau?
•Do they list testimonials from clients or customers that can be verified?
•Do they have a list of frequently asked questions that shows they have the necessary knowledge to be a successful buyer of structured settlements?
•Do they tell you if it's in your best interests to sell just a partial amount of your settlement and not the whole thing?
•Do they list in dollars the volume of cases they've handled?
•Are you comfortable that you're being given time to make a decision and not being rushed?
•Do they provide you with a free quote?
Thirty nine states have legislation that permits you to sell structured settlement payments only after a judge has approved the sale (but keep in mind laws are always changing). Therefore, your own lawyer is going to have to review the documentation provided by the buyer of structured settlement payments you go through with it. Only after a judge approved the sale would you be able to receive the lump sum.
Sunday, August 1, 2010
Buyer of Structured Settlement Payments
• Receive a lump sum of cash for your structured settlement payments. .
• Buyers of structured settlement payments will compete to purchase your payments.
• Settlement Quotes will provide 4 quotes for your future settlement payments.
SQ (Settlement Quotes) will provide up to 4 lump-sum quotes from buyers of structured settlement payments. These structured settlement buyers will compete for your future settlement payments.
Many of these companies will provide us with much better quotes due to the competition than if you were to sell structured settlement payments on your own.
"SQ" has a business plan which enables our clients that are selling structured settlements to receive the lowest effective discount rate in the industry. This low discount rate will provide a way to receive the most money for your future payments. The buyer of your structured settlement payments will have no choice but to offer a great deal for those payments.
"SQ" has become a leading company which provides factoring services via structured settlements in the industry. The nature of our company is to work with our clients who need a buyer for their structured settlement or annuity payments. We always recommend that our clients do not sell all of their future settlement payments. It is a good idea to keep part of your fixed income for a viable asset.
Settlement Quotes offers many different payments plans to accommodate all of your needs, including partial and deferred payment plans. These types of plans are great for structured settlement owners.
If you would like to receive cash for your structured settlement payments, please feel free to complete the form on the right and "SQ" will be happy to find a buyer of your structured settlement payments. We will offer you many quotes along with a free analysis of your structured settlement. If you would like to speak to a representative immediately please call 1-888-665-1257.
• Buyers of structured settlement payments will compete to purchase your payments.
• Settlement Quotes will provide 4 quotes for your future settlement payments.
SQ (Settlement Quotes) will provide up to 4 lump-sum quotes from buyers of structured settlement payments. These structured settlement buyers will compete for your future settlement payments.
Many of these companies will provide us with much better quotes due to the competition than if you were to sell structured settlement payments on your own.
"SQ" has a business plan which enables our clients that are selling structured settlements to receive the lowest effective discount rate in the industry. This low discount rate will provide a way to receive the most money for your future payments. The buyer of your structured settlement payments will have no choice but to offer a great deal for those payments.
"SQ" has become a leading company which provides factoring services via structured settlements in the industry. The nature of our company is to work with our clients who need a buyer for their structured settlement or annuity payments. We always recommend that our clients do not sell all of their future settlement payments. It is a good idea to keep part of your fixed income for a viable asset.
Settlement Quotes offers many different payments plans to accommodate all of your needs, including partial and deferred payment plans. These types of plans are great for structured settlement owners.
If you would like to receive cash for your structured settlement payments, please feel free to complete the form on the right and "SQ" will be happy to find a buyer of your structured settlement payments. We will offer you many quotes along with a free analysis of your structured settlement. If you would like to speak to a representative immediately please call 1-888-665-1257.
Wednesday, July 28, 2010
Buyer Of Structured Settlement Payments for You
A buyer of structured settlement payments will often offer to purchase the scheduled payments from an individual. There are many reasons why individuals will choose to participate in this and why companies may offer this service.
For the consumer or individual receiving the settlement, they may desire to receive a lump sum instead of a scheduled plan.
The money may be needed immediately for a large bill or expense. Making small payments may mean paying more on bills over a period of time for the individual. Companies often recognize the needs of the individuals to receive money immediately as opposed to small payments on a regular interval.
The company stands to gain money through the settlement which will often be much greater than the lump sum amount they provide to the individual because of fees and other costs that may be accessed for the service. As the buyer of a structured settlement, a company receives benefits while the individual receives the amount of money they need for various expenses.
For the individual, structured settlement payments are supposed to be set up where periodic payments, usually on a monthly basis, are received for injuries, wrongful death, and other similar lawsuits. The money is often paid out in this manner to allow individuals to receive a continual flow of money as opposed to a lump sum. With a lump sum, the money is taxable and the individuals may feel free to spend the money. There is a huge advantage to receiving the tax free payments.
Often, the amount of taxes that individuals have to pay can be quite high, especially on a large amount of money as a lawsuit might provide. As a high dollar amount comes in all at once, the individual is more likely to spend the money as opposed to saving it.
This could cause serious problems in the future when further medical bills or other expenses come due. For individuals receiving scheduled payments as opposed to a lump sum, there may be times when a larger amount of money is needed for higher bills. In this situation, the individual may seek a buyer of structured settlement payments. Many companies throughout the country have been established for this purpose. Seeking the buyer of a structured settlement can be a very important thing for an individual. There are many times when the individual may run into financial problems that require a large amount of money as opposed to the small amounts over the time period.
Many companies are more than happy to work with individuals in need of a lump sum in return for periodic payments. First and foremost, the company will receive a profit from this transaction. Certain fees and percentages will be taken out of the payment in order to allow the company to cover expenses and make a profit.
This allows the company to continue to complete these services for other individuals. Operating expenses such as payroll, supplies, and other costs will be covered by any profits that are received through this service. The buyer of a structured settlement is not only interested in making a profit, but most are very willing to provide this helpful service to individuals. A buyer of structured settlement payments understands the needs of individuals who are in this situation. Working with a buyer of structured settlement payments is something that may seem difficult to individuals. Choosing the right company, getting advice, and making the best choices may have a tendency to be overwhelming. There is also a choice to be made on selling the entire settlement or only a portion to the company. For a Christian involved in this situation, trusting in God can be helpful in this decision.
Praying to God for guidance and strength in decisions will often provide answers and peace of mind. "Trust in the LORD with all thine heart; and lean not unto thine own understanding. In all thy ways acknowledge him, and he shall direct thy paths" (Proverbs 3:5-6).
An individual involved in a structured settlement payment may sometimes find it difficult to pay bills or expenses with the scheduled plan they have been given. This may call for some outside help from a buyer of structured settlement payments.
Many companies offer this service for individuals in need of help. These companies set out to make a profit and assist people in need of financial assistance. In some cases, the individual may want to sell the entire payment plan to the company.
There are times when only a smaller lump sum may be necessary, allowing the individual to only sale a portion. No matter what the situation may be, it is important for individuals to understand that help is available.
There are companies throughout the country that are more than willing to work with individuals to provide money as the buyer of a structured settlement payment. Finding the company that is right for the individual will require resources, legal assistance, and faith in God.
For the consumer or individual receiving the settlement, they may desire to receive a lump sum instead of a scheduled plan.
The money may be needed immediately for a large bill or expense. Making small payments may mean paying more on bills over a period of time for the individual. Companies often recognize the needs of the individuals to receive money immediately as opposed to small payments on a regular interval.
The company stands to gain money through the settlement which will often be much greater than the lump sum amount they provide to the individual because of fees and other costs that may be accessed for the service. As the buyer of a structured settlement, a company receives benefits while the individual receives the amount of money they need for various expenses.
For the individual, structured settlement payments are supposed to be set up where periodic payments, usually on a monthly basis, are received for injuries, wrongful death, and other similar lawsuits. The money is often paid out in this manner to allow individuals to receive a continual flow of money as opposed to a lump sum. With a lump sum, the money is taxable and the individuals may feel free to spend the money. There is a huge advantage to receiving the tax free payments.
Often, the amount of taxes that individuals have to pay can be quite high, especially on a large amount of money as a lawsuit might provide. As a high dollar amount comes in all at once, the individual is more likely to spend the money as opposed to saving it.
This could cause serious problems in the future when further medical bills or other expenses come due. For individuals receiving scheduled payments as opposed to a lump sum, there may be times when a larger amount of money is needed for higher bills. In this situation, the individual may seek a buyer of structured settlement payments. Many companies throughout the country have been established for this purpose. Seeking the buyer of a structured settlement can be a very important thing for an individual. There are many times when the individual may run into financial problems that require a large amount of money as opposed to the small amounts over the time period.
Many companies are more than happy to work with individuals in need of a lump sum in return for periodic payments. First and foremost, the company will receive a profit from this transaction. Certain fees and percentages will be taken out of the payment in order to allow the company to cover expenses and make a profit.
This allows the company to continue to complete these services for other individuals. Operating expenses such as payroll, supplies, and other costs will be covered by any profits that are received through this service. The buyer of a structured settlement is not only interested in making a profit, but most are very willing to provide this helpful service to individuals. A buyer of structured settlement payments understands the needs of individuals who are in this situation. Working with a buyer of structured settlement payments is something that may seem difficult to individuals. Choosing the right company, getting advice, and making the best choices may have a tendency to be overwhelming. There is also a choice to be made on selling the entire settlement or only a portion to the company. For a Christian involved in this situation, trusting in God can be helpful in this decision.
Praying to God for guidance and strength in decisions will often provide answers and peace of mind. "Trust in the LORD with all thine heart; and lean not unto thine own understanding. In all thy ways acknowledge him, and he shall direct thy paths" (Proverbs 3:5-6).
An individual involved in a structured settlement payment may sometimes find it difficult to pay bills or expenses with the scheduled plan they have been given. This may call for some outside help from a buyer of structured settlement payments.
Many companies offer this service for individuals in need of help. These companies set out to make a profit and assist people in need of financial assistance. In some cases, the individual may want to sell the entire payment plan to the company.
There are times when only a smaller lump sum may be necessary, allowing the individual to only sale a portion. No matter what the situation may be, it is important for individuals to understand that help is available.
There are companies throughout the country that are more than willing to work with individuals to provide money as the buyer of a structured settlement payment. Finding the company that is right for the individual will require resources, legal assistance, and faith in God.
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