How To Find Good Structured Settlement Companies Who Can Buy An Annuity From You

Structured settlement companies can give you the chance to convert your annuity which pays you regular sums of money into a one-off lump sum payment. The reasons for wanting to do this are many and varied, but please make sure you have thought this through thoroughly before you act. The choice, once made, is irreversible, and the consequences of making the wrong choice could be severe. Be sure also that there are not other, safer options available before you make the final choice.

Many annuities are awarded by the courts at what is inevitably a time of great stress and uncertainty. If you have been injured as a result of an accident in the workplace, or because of medical malpractice, then you will have enough to deal with without the extra worry of selling your annuity. Whatever you do, don't allow the situation to panic you into making choices you may later regret. There is nothing wrong with finding a company to buy an annuity, but it must be done for the right reasons.

The courts who award long term payments do so in the belief that it is in the best interests of the recipient. In many cases, that is exactly what it is. However, there are cases where the recipient of an award is severely disadvantaged by this. The most obvious example of this is someone who can no longer work at their previous job, and who would like to use the money they have been awarded to start a new business. They may even have been trying to borrow money to finance the business before the accident occurred.

Another very strong reason for finding someone to buy an annuity is if you are looking to invest in real estate. Real estate has traditionally been the best investment over time, and it provides something which everyone needs anyway. There is a strong case for accessing the full amount of any sizable award straight away and investing in the property market. You could buy a property for yourself, and another one to rent out for ongoing income, or you could just let part of your main home. Even if you don't intend to let any of your property, it can be a useful fall back position should you suddenly need extra income.

Structured settlement companies can give you the lump sum you need, but it is important to do your research in advance and choose wisely. This is a highly regulated industry and horror stories are relatively rare, but it is still wise to get to know the company who will buy an annuity from you as well as you can. Get several opinions and always compare terms. Have a lawyer check out the contacts for hidden clauses. Weed out any who are not completely up front about all terms, and then choose from the best of the genuine structured settlement companies.






 

Annuities News:

 

Judge Approves $75M Settlement in Eggs Antitrust Litigation - Law.com

Law.com

Judge Approves $75M Settlement in Eggs Antitrust Litigation
Law.com
U.S. District Judge Gene E.K. Pratter has signed off on a $75 million settlement from Michael Foods, a subsidiary of packaged food producing giant Post, to settle claims against it in the egg antitrust litigation in federal court. . EURœPlaintiffs can .

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Asta Funding Inc (NASDAQ:ASFI) Sentiment Report - The BZ Weekly - BZ Weekly

BZ Weekly

Asta Funding Inc (NASDAQ:ASFI) Sentiment Report - The BZ Weekly
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Asta Funding Inc (NASDAQ:ASFI) institutional sentiment increased to 0.86 in 2017 Q2. Its up 0.48, from 0.38 in 2017Q1. The ratio has increased, as 6 active .

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Reports Third Quarter 2017 Results - Business Wire (press release)

Street Register

Reports Third Quarter 2017 Results
Business Wire (press release)
The increase was due primarily to the $48.7 million increase in revenues generated by the Structured Settlement Payments segment's ("Structured Settlements") revenue driven principally by a $38.8 million favorable change in unrealized gains (losses) on .
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Ametros Announces Growth Investment from Long Ridge Equity Partners - Business Wire (press release)

Ametros Announces Growth Investment from Long Ridge Equity Partners
Business Wire (press release)
BUSINESS WIRE)--Ametros Financial Corporation, the industry leader in post-settlement medical administration, announced today that it has received a growth capital investment from Long Ridge Equity Partners. . for thousands of members receiving funds .

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Litigation Against Big Pharma in the Opioid Crisis - Legal Talk Network

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Litigation Against Big Pharma in the Opioid Crisis
Legal Talk Network
. T. Boffetti, Senior Assistant Attorney General in New Hampshire, including litigation against Purdue Pharma, the maker of OxyContin, and the fight against the opioid epidemic. Visit Ringler to contact a consultant in your area about structured .

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JG Wentworth Co (OTCMKTS:JGWE) Is A Speculative Play - Insider Financial

Insider Financial

JG Wentworth Co (OTCMKTS:JGWE) Is A Speculative Play
Insider Financial
The Structured Settlement Payments segment offers liquidity to its customers through purchasing structured settlement payments that include financial tool used by insurance companies to settle claims; purchasing annuity payments at a discount to the .
Special Situations M. Trishield Sells 2311589 Shares of JG Wentworth Co. (JGWE) StockTrueBlueTribune

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RobinYoung & Company Recognized Among Texas' Top Rated Structured Settlement Firms for the 6th Consecutive Year - PR Web (press release)

RobinYoung & Company Recognized Among Texas' Top Rated Structured Settlement Firms for the 6th Consecutive Year
PR Web (press release)
RobinYoung & Company, Inc. earned spots for the sixth consequetive year in the Texas Lawyer 2017 Texas' Best Of edition as one of Texas' Top Rated Structured Settlement Firms, which recognizes Texas service experts and specialists by associates', .

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Reviewing Emergent Capital (EMGC) and Fidelity and Guaranty Life (FGL) - The Ledger Gazette

Reviewing Emergent Capital (EMGC) and Fidelity and Guaranty Life (FGL)
The Ledger Gazette
The Company provides customized liquidity solutions to owners of illiquid financial assets in two markets, which include life finance and structured settlements. The Company focuses on lending to outright purchases of portfolios, to tertiary trades, as .

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