How Structured Settlement Equal Cash

How Your Structured Settlement Can Equal Cash

Are you the recipient of a structured settlement? Perhaps you received a structured settlement due to injury or even lottery winnings. A structured settlement means that the total amount of money you were awarded is being paid to you in payments over an extended time period. This is fine for some people, but what if you would rather have a large lump sum of money all at once? It's possible -- thanks to what are called factoring companies, also known as structured settlement companies.

A factoring company will purchase your structured settlement payments. This means they will pay you an amount that is less than the total of your settlement and take over receiving the payments. This is very much like the procedure of factoring which is done in the corporate world. Let's say a company performs a service that is worth $10,000 but is still waiting for their payment after a long period of time. The payment is coming, but the company just can't afford to wait any longer for their money. A factoring company might come in and offer to buy the payment for $8,000 in cash. Yes, this means a loss of $2,000 but for a company who is desperate for cash factoring can be a lifesaver.

Getting cash for your structured settlement works in the same way. You will be selling your structured settlement payments to the factoring company in exchange for a reduced amount of cash. Let's say your settlement totals $300,000 and is spread out over 10 years of payments equaling $30,000 each. The factoring company might pay you $250,000 (this is a hypothetical figure only) for your settlement. You get a large lump sum and they make $50,000 over the course of ten years. If done correctly with good intentions, this can be a win-win situation for everyone.

Once you get your lump sum payment, you can do whatever you want with it. Some people use their money to pay medical or legal expenses, college tuition, or living costs. Others choose to invest their lump sum payment. If you're a skilled investor, this can be a way to multiply your money. No matter what you choose to do with your money, it's important to do plenty of research first to make sure selling your structured settlement is the best thing to do.

Annuities: The Shocking Secrets Revealed.

Structured Settlement News:

Economic Meltdown
If you have an attorney holding your structured settlement money in a trust account, it is incumbent on you to make sure your money is held in a financially viable banking institution. The current financial economic problems have led to ...

WestJet announces third quarter results (PR Newswire via Yahoo! Finance)
over-year third quarter revenue improvement of..

Stone Street Capital Sponsors Charity Golf Classic to Benefit the American Diabetes Association (Marketwire via Yahoo! Finance)
Stone Street Capital, LLC, a leader in the structured settlement and lottery lump sum industry, is pleased to be a sponsor of the 4th Annual Tommy Joe's - Jon Lowe Charity Invitational Golf Classic to benefit the American Diabetes Association. The event was held on October 21, 2008 at the Worthington Manor Golf Club in Maryland...

Stone Street Capital Sponsors Charity Golf Classic to Benefit the . - MarketWatch

Stone Street Capital Sponsors Charity Golf Classic to Benefit the .
MarketWatch - Nov 5, 2008
BETHESDA, MD, Nov 05, 2008 (MARKET WIRE via COMTEX) -- Stone Street Capital, LLC, a leader in the structured settlement and lottery lump sum industry, .

Complaints Against JG Wentworth on The Rise- Better Business .
One NSSTA member and former Executive Director has mischaracterized JG Wentworth as one of the structured settlement industry thought leaders. Fortunately the structured settlement industry doesn't think much of HIM...

Only A Matter of Honor Will Save Potential Public Relations .
There are apparently a number dishonorable settlement consultants in our midst affiliated with an NSSTA member firm who are purportedly SELLING structured settlement payee names and have partnered with a "cash now pusher" factoring ...

Purchase Structured Settlement:
When any accidents are occurred in the life of persons on the spur of the moment one deal is ended by the legal expert that is known as a Structured Settlement. Structured Settlement is the deal whi...

American Capital Ltd. Q3 2008 Earnings Call Transcript - Seeking Alpha

American Capital Ltd. Q3 2008 Earnings Call Transcript
Seeking Alpha, NY - 7 hours ago
We had $19 million of structured products of realized losses and $13 million of realized losses on foreign currency and another $14 million in interest rate .

Selling your structured settlement can be confusing. Posted By .
Selling your structured settlement payments need not be difficult if you don't rush into it. Give it some thought. Why do you want sell your structured settlement? To improve your home or to buy a house you have always wanted. ...

Technorati Tags: Structured Settlement, How Your Structured Settlement Can Equal Cash, How Structured Settlement Equal Cash