Structured settlements were designed to help those awarded with a steady flow of income to help with basic expenses such as food, transportation, and housing. Popularized in the 1970’s, structured settlements were developed to help those injured receive help during their time of need. If you’re injured and receiving a structured settlement you should be focusing on recovering your health and not your finances.
You may have been able to stay above water. You managed to keep up with the bills, and made sure there was food on the table and a roof over your head. You budgeted diligently and stuck to it religiously, but even the best laid plans can fall apart. Unfortunately, it’s impossible to budget for life’s little expensive disasters, and if you’re car breaks down, or a pipe bursts in your home, you may be wondering how you’re ever going to be able to pay for the expenses.
If you
sell your structured settlement payments for a lump sum, you’d be able to earn the money to take care of your financial emergencies. With the money you can also prevent other disasters from happening. Use the money to take care of those pesky repairs around the house before they turn into major problems. Get a new car before it runs its last trip down the road. You can even further prepare yourself for the future through business ventures or furthering your education with college or career training.
Selling your
structured settlement payments isn’t as hard as it would seem. The trick in selling your payments is in doing your research. You want to sell your payments to a reputable company with a strong history in the structured settlement finance industry. You also want to beware of companies who wedge themselves between you and the banks as brokers so they can take their share of the sale leaving you with less money.
AnFed Bank is a bank you can trust. It is a bank, so there is no middle man taking away from your lump sum payment, and with years of service in the structured settlement finance industry, they have a proven history of expertise and knowledge that you know you can rely on.
