There’s Such a Thing as Too Many Lawyers

A structured settlement broker is someone who has your best interests in mind when you want to pursue an out-of-court settlement in a personal injury lawsuit.  Until you face such a situation, it’s quite possible you have never even heard of a structured settlement.  After all, isn’t that lawyer you are paying suppose to be getting you the best offer?

A structured settlement broker acts as a third party and can negotiate a settlement amount to be paid which often takes the form of an annuity.  The broker negotiates between the defendant and you as beneficiary.  You can save a lot of money on attorneys which means more cash is available for your settlement.   The whole process can move much more quickly in fact.  Then once the court approves the negotiated settlement, you can talk to the broker about using the settlement to get a lump sum cash amount for any pressing needs.

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Written on September 28, 2008 , by CashNow

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