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 Structured
Settlement Payments - The Who and The What
A structured settlement is a series of payments made over a period of
time. People usually get them as a result of a lawsuit. For various
reasons, people who receive these payments, sometimes wish to cash them
out and get a lump sum payment. There are a number of companies around
who are willing to do this.
You may have even seen these offers on TV. Apparently, this situation
is more prevalent than one might think. It's also profitable for the
companies who offer this service. Since both parties get what they want,
it's a win win situation, if it's fair deal. To be comfortable
that you are getting a decent payout, you should do some research. Look
around at all the various offers and terms to find the one that appeals
to you. I suggest that you search the net to do this. Find a company
that feels comfortable to you. Maybe you want to deal with a middleman.
However, you'll most likely wan tot go to a company that funds your
payout with their own money. I'll present some information to you in
what I think is a clear and concise manner. It's up to you to review it
and make up your own mind. Remember, don't just jump at the first offer
you see. Even though it may ultimately be the best, you'll have peace of
mind if you check out more companies. JG
Wentworth - JG Wentworth has a Structured Settlement Program that will pay you
for a number of these payments types. Since the payment source may vary, you
have to contact them so that they can determine how easy or difficult it
will be for you to get your payment. They are a very large and well
respected professional company.
"J.G. Wentworth is the nation's leading specialty finance
company. Areas of focus include: structured settlements, annuities,
private mortgage notes and inheritance bequests in probate. Their common
denominator as financial assets: a deferred payment that can be
purchased at a discount to its intrinsic value."
America's Note Buyer - America's Note Buyer is a middleman
type of company. They can assist you in getting cash payments for
structured settlement from personal injury suits, insurance settlements
plus annuities and mortgage notes.
PPI Cash - Prosperity Partners Inc assists with payments for
structured settlements, lottery winnings and other type of payment
programs. They provide an easy to understand 10 points recap of what you
can expect. They also have a consultants package for the potential
broker.
Structured Settlement Alliance - The SSA also assists you by
matching you with financial institutions. Fill out their form and
they'll send you a sales piece.
Peachtree Settlement Funding - Peachtree is a quality outfit that deals not only in structured
settlements but in life insurance settlements, lottery winnings,
executive benefits and pre-settlement funding. The structured
settlements division gives a nice overview of the process present some
actual sample figures. In their How It Works section, you can begin to
see what makes this all possible.
"Peachtree Settlement Funding is a specialty factoring company,
which allows recipients of future cash flows to obtain an immediate lump
sum in exchange for all, or a portion of, those future sums. Peachtree
is the nations leading specialty factoring company and caters to people
seeking to sell structured legal settlements, annuity payments, lottery
prize payments, sweepstakes awards and life insurance policies. In
addition, Peachtree provides cash advances to people with pending
personal injury claims."
Novation Capital - They stress that they are not middlemen, but that they
use their own money. They also have a 10 point FAQ plus an excellent state by state
record list of the local laws. Since state laws vary, it's a good place
to start. In addition to Structured Settlement Payments they provide
links for people who have money coming in from a lottery prize,
casino jackpot or tobacco quota buyout payments. An interesting aspect about Novation
Capital is that they offer a refer-a-friend program. If you refer a new
client to them, you'll receive from $200 to $1,000 for your effort. As
long as the deal is the same as your friend can get elsewhere, why not
give it a try! Annuity Transfers - Besides annuities, they do
deal with structured settlements from lawsuits and similar payments.
They warn you that the process will take at least 70 days and to beware
of anyone who states otherwise. It's possible that you've seen a
TV or newspaper ad for Annuity Transfers. If you haven't, just check out
their website and you can see them there. Now that's the power of the
internet helping you! If you'd like to get into the Structured
Settlement Payments business, their Broker section gives some simple
lists and easy to follow getting started articles. Upon an initial
client contract, you'll get $200 plus the balance of your commission if
the deal closes.
"Annuity Transfers is a buyer of structured settlements and
understands what is required to purchase a structured
settlement."
Legal Funding Group -
The Legal Funding Group's focus is geared toward pre-settlement
funding. If you've got a strong case, they will give litigants a cash
advance in anticipation of a favorable outcome on their lawsuit. In the
event that you ultimately lose your lawsuit, you don't even have to
repay the advance.
Lawsuit Financial Corporation -
In addition to structured settlement payments, the Lawsuit Financial
Corporation also provide pre-settlement funding cash advances. They even
promote their services to attorneys who have clients that want or need
money before their case is settles.
SJ Real Estate Notes - SJ Real Estate Notes deals with real
estate notes, business notes, structured settlements and bankruptcy cash
outs. Among the types of notes they can do include airplane notes,
annuities, auto paper, boat paper, business notes, inheritance notes,
lotteries, mobile homes, real estate, structured settlements and land
notes.
American Cash Flow Corporation -
The American Cash Flow Corporation can direct you to others who can
buy all kinds of payment types.
This includes condo assessment/maintenance fees, mobile home, private
mortgage real estate, business notes, aircraft private/commercial,
automobile private, marine vessel, rv and business vehicles, commercial
judgments, commissions, consumer judgments, corporate charitable
contributions, franchise fees, license fees, royalty payments,
annuities, casino winnings, prizes and awards, structured settlements,
consumer collectible, bankruptcy receivable, accounts receivable,
construction receivable, international receivable, medical receivable,
funeral purchase assignments, viatical settlements, venture capital,
purchase orders, asset based credit lines, letters of credit, delinquent
commercial debt, trade acceptance drafts, partnership interests,
fractional ownership interests, vendor paper, aircraft leases, equipment
leases, commercial leases, farm contracts/crp, lottery, inheritance,
sports contracts, license impounds, credit card charge, offs, health and
country club memberships, retail installment agreements, private student
loans, timeshare and vacation club memberships, delinquent consumer
debt, other consumer contracts, cemetery pre and need contracts.
Recap There are a lot of people
out there who would like to do business with you. Take my advice and be
careful! Investors Note If
you've got cash available and would like to earn a better rate than you
can get at banks then you may want to check out PPI Cash, Annuity
Transfers, Lawsuit Financial Corporation, SJ Real Estate Notes. Annuity
Transfers will give you a return of 5% to 8.5% while SJ Real Estate
Notes promotes a 15% rate.
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