Preparing to Meet With a Buyer of Structured Settlements

Once you have made the decision that selling your structured settlement is an option you want to consider, you should begin to prepare yourself for the selling process.

The Lowdown on Settlement Funding

You may have heard the term before, but few people really understand the ends and outs of settlement funding. What was once just a vague term has grown into a rather controversial issue causing many to take up arms in the conflict.

Contract Workers: You Still May Be Eligible for Workers' Comp

If you work as a contract worker for a U.S. company and you get injured on the job, you may be eligible for workers' compensation in spite of your official worker status.

Need Money in a Hurry Than Selling Your Structured Settlement May Not Be The Answer

Need money in a hurry, than selling your structured settlement may not be the answer. It can take anywhere from six weeks to four months to get your money. Why you may ask?

Structured Settlement: Some Basics

In basic terms, a structured settlement is an action taken by an Insurance Company under agreement with the plaintiff, the plaintiffs lawyer and a financial advisor to arrange for periodic payments of a large sum of cash that was awarded to the plaintiff as part of a bodily injury claim or law suit.

Structured Settlement Loans

Structured settlement loans are given against plaintiffs’ periodic claim settlements. Court judgments where a structured settlement is awarded are called periodic payment judgments. If a claimant has been awarded a financial resolution in which he or she will receive periodic payments instead of a lump sum, a loan may be extended against the value of the settlement.

Cash for Structured Settlement?

Get cash for your structured settlement and avoid the potential pitfalls!

Pre-Settlement Loans

Pre-settlement loans are exactly what the name implies – cash payments to plaintiffs given in anticipation of a favorable settlement. Pre-settlement loans fall under the ‘non recourse’ category of legal loans, meaning that the extender of the loan has no recourse to collection of the money in case the plaintiff’s case is not settled favorably.

Structured Insurance Settlements

If you are entitled to receive an insurance settlement, you can claim it either in a lump sum or as a structured insurance settlement. Both methods have their pros and cons.

How Can I Sell A Structured Settlement Payment?

The first step to selling a structured settlement payment is to have an idea of the amount to be sold and finding a suitable buyer. The internet is the best resource for obtaining quotes and information on buyers.

How To Choose The Right Structured Settlement Broker

A prospective seller of a structured settlement payment is better served utilizing the services of a structured settlement broker rather than approaching a buyer directly. The same is true for an individual who is about to come into a large sum of money via a structured settlement payment.

What Is A Structured Settlement?

A structured settlement is an alternative payout for a person who has won a lawsuit as a direct result of a worker’s compensation claim, wrongful death or accident. With a structured settlement there is an agreement between both parties that the payment will be made over time instead of in one lump sum.

Life Settlement: Receive the Highest Payment

A life settlement also known as a life insurance settlement, senior life settlement, or a senior settlement is quickly becoming a beneficial option for senior citizens across the nation.

Senior Life Settlement Providers: A Guide

There are several financial institutions that provide Senior Life Settlements. They purchase an existing policy from a senior policyholder and try to sell it to a buyer, who will be responsible for the policy premiums from that time forward. Such companies charge their fees as brokerages on the face value of the policy held.

A Guide to Senior Settlement Brokerages

Life Settlement Brokers make the entire process of Senior Life Settlement easier. Insurance is a highly secretive market, where the current prices of policies are not easily available to the policy holders. Brokers get this inside information, as most brokers are closely affiliated with insurance companies. Brokers also know the procedures along with all their intricacies, and can speed up the process. One more important advantage of having a broker settle a senior policy is that they can attract more bids and hence give a better choice to a buyer.