No Bailout Needed
If you have a structured settlement you want to sell, and are wondering if the current government bailout is going to have an impact on the process, you can quit worrying. The structured settlement market is one of the most secure financial markets in the world. The financial meltdown is not going to threaten your ability to continue receiving annuity payments nor will it prevent you from selling all or part of your structured settlements.
Sturctured settlements are covered by insurance companies and insurance companies have always been highly regulated. They are also required by law to maintain accounts which protect your structured settlement amount. Your money is well protected by both federal and state laws governing how reserve accounts must be handled.
These are difficult economic times. Financial circumstances are changing rapidly for many people who now need lump sum cashouts to save their homes and other assets or to cover financial commitments. It might be time to consider selling part of your structured settlement payments to get the emergency money you need.
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Read moreI Can Manage My Own Portfolio…Thank You Anyway
if you have the confidence to manage your own investments, and aren’t interested in maintaining long term payments, it might be time to sell part or all of the payments. The first step is to consult with a professional settlement broker who can help you work through the numbers. You can gain control of your own money and do what you want with it.
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