While it may make sense to accept a structured settlement and avoid the costs associated with a trial and attorney fees what many annuitants discover is that this arrangement can still leave them in a position where they are in need of money. Rather than settle for periodic payments many annuitant opt to sell structured settlements, taking a lump sum payment to improve their financial condition.
As more and more annuitants opt to go the route of selling structured settlement payments more and more companies are offering to buy these payments but what every annuitant should know is not all companies are the same. The truth is AnFed Bank, a division of BofI Federal Bank, a federally chartered, FDIC insured savings bank, is the only bank designed to serve the unique needs of structured settlement annuitants and as such can deliver annuitants the most generous deal.
Unlike other companies that are only acting as brokers, looking to buy structured settlements at a low price and then sell them to a financial institution for a higher rate, AnFed Bank can offer a better lump sum payment to annuitants because they are a financial institution. Essentially AnFed Bank has eliminated the middleman.
AnFed Bank believes that an annuitant is entitled to a fair price for their structured settlement payments and should be offered the best deal possible and that is why they provide annuitants with access to a team of specialists who are dedicated to providing information regarding the sale of structured settlement payments so that the right decision can be made.
If you have a structured settlement and you are looking to sell all or part of your future payments request a free consultation with AnFed Bank and find out how you can get what your payments are really worth.