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Did You Know?

Money in the future is worth less than money today.

To think of it in simple terms, if you loaned a person $1000 today and they said they would return the $1000 in 10 years. You lose all the value of today's money and future interest if you invested the $1000 in your savings account over the same 10 years. Also inflation and prices of almost everything increases in 10 years. There is also the risk if the person will pay it back and on time.

So you would not be able to buy as much with that $1000 that would be returned in 10 years. So $25,000 paid in 50 payments of $500 per month for next 4 years, may be worth today $18,506.44 +- or less. There is also the un measurable factor of  "Needing a large amount of money now". To get super technical if your up for it you can read an economics presentation outline from the University of Wisconsin with examples of present value and the value of money. Read More >

Do you have a structured settlement? Are you set to receive future payments for a lawsuit settlement? If so, you may be able to sell your future payments and get a large amount of cash for the payments. Get started >

Sell Your Future Settlement Payments For CASH



Sell Settlements for Cash

 

Structured settlements are lawsuit agreements that an injury or wrongful death victim agrees to receive. The structured settlement is the cash reward. The settlements are in the form of long-term annuity payments. They arrive every month and are usually set to increase every year 2% or 3 % for cost of living. Many people are now looking into how to sell settlements for cash. To sell a settlement for cash means that instead of waiting for 10-30 years or more for your settlement money, you can now exchange payments in the future for cash now.  When trading in more payments, you would lose some long-term value on paper. However, with inflation and lack of aggressive investment options, lose of future value is minimal if any. The important thing is you need cash now to satisfy other deadlines and debt. The future value of money especially the farther out the money is due the less the money is worth today. When you trade your future payments to get $35,000 in cash today, you may have to trade in $45,000 in future payments or so. The good thing is it’s your money and you don’t pay it back it is a sale. When you do this type of transaction correctly you wont have to pay IRS taxes on the lump sum of cash.

Do you have a structured settlement? Are you set to receive future payments for a lawsuit settlement? If so, you may be able to sell your future payments and get a large amount of cash for the payments. Get started >

To sell settlements for cash the transaction and process has to be done with a court order. A judge will review your requests for the cash and decide if it is in your best interest. The finance company doing the transaction will work with the court.  They will set up a hearing as well as guide you through this entire process. The timeline takes 30-90 days on average. The process is fast, most people are approved.

You can find finance companies on the internet that buy settlements for cash. Just Google - structured settlement funding – and you will see a bunch of sites offering this service. Make sure you ask questions to these companies and check them out at the national BBB. Make sure this is their main business and they know all the laws. Have a copy of your structured settlement ready when calling these finance companies to help speedup the process. Get started and get a lump sum.

 

Do you have a structured settlement? Are you set to receive future payments for a lawsuit settlement? If so, you may be able to sell your future payments and get a large amount of cash for the payments. Get started >