Is Your Structured Settlement Buyout Your Best Option?

Deciding to sell your structured settlement payments can make a huge impact on your  life.

While it is your money and your choice to do with it as you please, you still have to take into account that you will most likely lose some of your money by receiving it now instead of over the length of the original agreement.

How Do You Know if This is the Right Decision for You?

You will first need to consider your money needs now and compare them to what they might be in the future. If you receive a structured settlement buyout, that means that your future monthly payments will either be reduced or disappear altogether.

Your cash needs now may outweigh any future needs but it is still something that needs to be thought out. You can use the cash now for:

– buying a car

– starting a business

– investing for your future

– buying your dream home

Regardless of the benefits of using your cash for these purposes, you will still need to take into account that your regular monthly payments won’t be there as you originally planned for. On the contrary, taking advantage of a structured settlement buyout could get you out of a bad situation, like eliminating debt. It may also be a better option than obtaining a loan or incurring more debt.

The best way to make these decisions is to have a company that specializes in structured settlement buyout go over your situation and provide you with your best options.

Who Should I Contact for My Structured Settlement Buyout?

Since selling your annuity or structured settlement payments is a major financial decision, it’s important that you go to the right resources for help.

There are many companies out there that can help you with your structured settlement
buyout. It’s important that you do your research so that you can choose the company that will provide you with the best solution for your specific circumstances.

Any company you contact should be willing to provide you with a free, no obligation quote. They should go over your needs and help you by covering all of your options, including whether or not selling a portion or all of your payments is a good idea.

The companies you contact should also have a trained staff that has expertise in financial, insurance and legal matters in relation to structured settlement buyouts. As most states have laws that dictate how structured settlement payments are sold, you will want to hire a company that can handle these manners accurately and professionally.

Any decision that affects your current or future finances needs to be taken with care and serious consideration. If you decide that you may want to proceed with a structured settlement buyout, make sure you enlist the right company to help you with your decision.

Having the right company in your corner will not only make the process go smoothly,but you will receive your cash more quickly as well as feel more comfortable with your finances.

Understanding Selling Your Structured Settlements

Understanding Selling Your Structured Settlements

Are you currently receiving payments through a structured settlement? Are you interested in obtaining some or all of your future payments now? If so, 123 Lumpsum can help. We are a specialty finance company that applies expertise in institutional financing, underwriting, and the law to purchase future cash flows for our clients.

First, it is important to understand what we mean when we refer to a structured settlement.This term refers to anything in which you receive set payments at regular intervals over time. This type of payment system is the typical method for court decisions in your favor, insurance settlements, lottery winnings, and investment annuities. One drawback of this system is that the payments can lose their value over time due to inflation.This system also does not allow you access to a larger amount of what is owed you should you need it. Perhaps you need money to pay college tuition, make home improvements, consolidate your debts, go on a dream vacation, or make a down payment on a new vehicle, and you desire a way to tap into your settlement money today. Perhaps you simply want to have the money now to invest it your way.

This is where 123 Lumpsum can be of assistance. We will work with the court and your insurer to make sure your ransaction is in your best interests and approved! It is important to note that you do not necessarily need to purchase your entire settlement at once. We purchase settlements of virtually any length or value. You may be receiving your payments from an insurance company like Amica, Metlife, Prudential, John Hancock, or another well know insurance issuer. Whomever the company that issued the payments are we can explain how the transfer process works. We can also help discuss with your defending attorney and the settlement planners you may have worked with such as well known names like McKellar or Ringler who may have helped out in planning your initial structured settlement payment.

To get started, you can call us toll-free at 877-966-8669 or request your FREE quote online.

We can tell you how much your future payments are worth, and our settlement experts will assemble a solution customized to your individual needs and goals. We take pride in structuring each purchase to meet your specific financial objectives, and are at the ready to assist you.