You may have read this from newspapers or seen on television: ‘J.G. Wentworth, Stone Street, America’s Note Buyer, and Novation Capital are now buying structured settlements or annuities.’
And probably you got struck by that ad because all the while you don’t know that such companies exist!
You might ask, ‘Where did these structured settlement companies come from and why just now?’
The four mentioned are just among the leading structured settlement companies that are willing to assist you in having a large lump sum of cash over the structured settlement payments that you will receive periodically.
These structured settlement companies will buy your balance at a discounted amount. It may be lesser than your structured settlements, but it is far better toStructured Settlement Companies have a one-time larger payment now than by the slower installments done over time.
You might have been overjoyed when you knew that you’d have compensation when your tort case won against your insurance company, but you got dismayed to think that such compensation would not be given fully but in installment for a period of time.
You didn’t have any other choice but to accept the sad fate. Now, you realize that you could have chosen to get the one-time payment instead of the one you are having.
Selling your structured settlement funded by your annuities is the win-win situation for the three parties: the defendant, the insurance company and the structured settlement companies.
The insurance company gets freed with its obligations to you; the structured settlement company gets the chance of having your settlement payment; and the last but not the least, you receive your one-time large structured settlement money from the company.
Your structured settlement money determines your future resources. When you choose to sell your structured settlement, be sure to pick a trustworthy company.
Selling your payments will require the ruling of a judge; thus, you must pick a company that can go with you up to this moment and offer you the highest payoff possible.
Before you do so, seek legal assistance. An experienced lawyer can point out the best options for you.
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