Atlanta 12/31/2012 7:25:00 PM
AnFed Bank Answers Structured Settlement FAQ’s
Selling structured settlement payments is a great way to earn extra income. Structured settlements are payments given to personal injury claimants over a given period of time, rather than in one lump sum. Some claimants even receive structured settlements over the course of their entire lifetime. If such an individual is in need of immediate funds to pay off debt, finance a house/car, invest in business ventures, pay for education or provide for unexpected needs, he/she has the ability to sell structured settlements.
The person can choose to sell as much of their structured settlement as they need financing for. It’s not necessary to sell the entire structured settlement. This is especially useful for people who have a limited, and not a lifetime, structured settlement.
The value of the payments that are sold depends on several factors. The insurance company that issued the annuity policy, the size of each payment, and the timeframe in which the payments are scheduled to be received are all important variables in the valuation of structured settlement payments. Structured settlement experts are waiting by the phones at (855) 263 3348 to help determine the best way to cash out structured settlement payments.